Global Epoxidized Soybean Oil Acrylate Market Overview:
Soybean oil, epoxidized, acrylate is a multifunctional acrylic monomer that can be polymerised by free radicals. In particular, Soybean oil, epoxidized, acrylate is designed for use in ultra violet & electron beam curing applications. It is basically oligomer which offers pigment wetting characteristics & results in flexible & improved adhesion in free radically cured films. It is considered to be stable in water. Exposure in manufacturing facility or in various industrial facilities that use the substance. The substance being not toxic at the highest concentration tested (100 mg/L) for fish, invertebrates & algae with Log Kow <4, is not classified as hazardous to the aquatic environment. Hence, no risk from the substance to the environment is to be expected & all identified uses of the substance are considered to be safe for the environment. The epoxidized soybean oil is widely used as plasticizer instead of phtalates in the plastic industry to increase flexibility, stability & process ability in PVC products.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Epoxidized soybean oil is widely used as plasticizer instead of phtalates in the plastic industry to increase flexibility, stability and processability in PVC products
Market Growth Drivers:
Increasing applicability of plasticizers in variuos sectors and Growing demand of polymers and oligomers
Restraints:
Hazardous Product and Stringent Government regulations
Opportunities:
Cutting edge technology and innovations and Increasing demands of free radical cure films owing to the adhesion properties of product
Competitive Landscape:
Key players are adopting numerous strategy to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnership to adopt certain technologies and acquiring small players to finish competition in the future. As well as investing money in R&D sector to make technical up-gradations in the manufacturing process of the product.
Some of the key players profiled in the report are Arkema SA (France), Hairma Chemicals (China), Galata Chemicals (United States), CHS Inc (United States), Ferro Corporation (United States), Makwell Plasticizers (India), Inbra Industrias Quimicas (Brazil), Shenzen Kaiqi Chemicals (China), Guangzhou Xinjinlong Chemical (China) and Dalfon Chemicals India Pvt Ltd (India). Analyst at AMA Research see Asia-Pacific Vendors to retain maximum share of Global Epoxidized Soybean Oil Acrylate market by 2028.
In 2021, CHS Inc.expands soybean oil refining capacity. Along with enhancements to fully optimize soybean oil refining, related Mankato facility improvements include updating and expanding the entire refining process, as well as enhancing process flows to lower operational costs.
What Can be Explored with the Epoxidized Soybean Oil Acrylate Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Epoxidized Soybean Oil Acrylate Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Epoxidized Soybean Oil Acrylate
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Epoxidized Soybean Oil Acrylate market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Epoxidized Soybean Oil Acrylate market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Raw material supplier, Distributors/ traders/ dealers, Channel partners, Industry Association, Governments and investment communities and Research organizations and associations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.