Epoxidized Soybean Oil Research: CAGR of 5.4% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Epoxidized Soybean Oil- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Epoxidized Soybean Oil was estimated to be worth US$ 721 million in 2024 and is forecast to a readjusted size of US$ 1042 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.

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Epoxidized Soybean Oil Market Summary

According to the new market research report "Global Epoxidized Soybean Oil Market Report 2024-2030", published by QYResearch, the global Epoxidized Soybean Oil market size is projected to reach USD 0.99 billion by 2030, at a CAGR of 5.4% during the forecast period.

Market Drivers

The epoxidized soybean oil (ESBO) market is primarily driven by rising demand for eco-friendly plasticizers and stabilizers as industries shift away from phthalates due to health and environmental concerns. Its biodegradability, low toxicity, and cost-effectiveness make ESBO attractive in PVC products, coatings, adhesives, and sealants. Regulatory support for bio-based chemicals in Europe and North America, along with increasing consumer preference for sustainable materials, further boosts demand. The growth of packaging, automotive, and construction industries, especially in Asia-Pacific, accelerates usage. Additionally, the agricultural abundance of soybeans ensures a steady raw material supply, supporting large-scale ESBO production and market expansion.

Restraints

Despite positive outlook, the ESBO market faces several restraints. Price volatility of soybeans, influenced by climate change, trade policies, and biofuel demand, directly impacts production costs. Limited thermal stability and performance compared to certain petrochemical plasticizers can restrict ESBO adoption in high-temperature applications. Competition from alternative bio-based and non-phthalate plasticizers also challenges market penetration. Inconsistent regulations across regions, particularly in developing economies, can hinder uniform adoption. Additionally, the dependence on agricultural feedstock raises sustainability concerns related to land use, deforestation, and food security, creating long-term challenges for scaling ESBO production sustainably without affecting food supply chains.

Opportunities

The ESBO market has significant opportunities driven by the increasing shift toward circular economy and green chemistry solutions. Advancements in technology to enhance ESBO's heat and light stability could broaden its use in demanding applications like automotive interiors and electrical components. Growing investments in bio-based chemicals and renewable raw materials in Asia-Pacific and Latin America create expansion opportunities for producers. Rising demand for flexible PVC in medical devices, consumer goods, and food packaging opens new avenues. Furthermore, collaborations between chemical companies and packaging or automotive manufacturers can foster innovation, positioning ESBO as a key sustainable plasticizer and stabilizer worldwide.

Figure00001. Global Epoxidized Soybean Oil Market Size (US$ Million), 2019-2030

Epoxidized Soybean Oil

Above data is based on report from QYResearch: Global Epoxidized Soybean Oil Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

Figure00002. Global Epoxidized Soybean Oil Top Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Epoxidized Soybean Oil

Above data is based on report from QYResearch: Global Epoxidized Soybean Oil Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Epoxidized Soybean Oil include Hairma Chemicals, Cargill, CHS, BASF, ADEKA, Zhejiang Jiaao, Dongguan Lingchuang, Xinjinlong Chemical Additives, Nan Ya Plastics, Valtris Specialty Chemicals, etc. In 2024, the global top five players had a share approximately 45.0% in terms of revenue.

Figure00003. Epoxidized Soybean Oil, Global Market Size, Split by Product Segment

Epoxidized Soybean Oil

Based on or includes research from QYResearch: Global Epoxidized Soybean Oil Market Report 2024-2030.

In terms of product type, currently Industrial Grade is the largest segment, hold a share of 74.6%.

In terms of product type, type one is the largest segment, hold a share of xx%,

In terms of product application, currently Packaging is the largest segment, hold a share of 28.4%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Epoxidized Soybean Oil market is segmented as below:
By Company
Hairma Chemicals
Cargill
CHS
BASF
ADEKA
Zhejiang Jiaao
Dongguan Lingchuang
Xinjinlong Chemical Additives
Nan Ya Plastics
Valtris Specialty Chemicals
Chang Chun Group
Baolilai Plastic Additives
Galata Chemicals
Longda Oil Technology
Qingzhou Huadong
Shenzhen Kaiqi Chemicals

Segment by Type
Industrial Grade
Food Grade

Segment by Application
Packaging
Industrial
Automotive
Building Materials
Medical
Others

Each chapter of the report provides detailed information for readers to further understand the Epoxidized Soybean Oil market:

Chapter 1: Introduces the report scope of the Epoxidized Soybean Oil report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Epoxidized Soybean Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Epoxidized Soybean Oil market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Epoxidized Soybean Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Epoxidized Soybean Oil in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Epoxidized Soybean Oil competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Epoxidized Soybean Oil comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Epoxidized Soybean Oil market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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