Report: Sebacic Acid Market Size to surpass $480 million by 2024

France sebacic acid market from solvents application should exceed USD 4 million by end of 2024. Shift in trend towards less hazardous solvents to reduce toxicity and emission should drive industry growth.

Selbyville, Delaware, USA - May 16, 2019 /MarketersMedia/ —

The size of sebacic acid market from lubricants application is anticipated to grow over 4.5% in the end of 2024. It is used to produce chemical derivative sebacate diesters which has wide application scope in grease and complexed lubricants. These lubricants offer high performance, high heat resistance and fuel efficiency.

Essential feedstock for production is castor oil. Fluctuating castor oil seeds costs may challenge industry profitability and impact sebacic acid market price trend. However, increasing popularity of bio-based polymers derived from renewable and natural sources such as castor oil over petroleum based polymer may act as major contributing factor towards market growth.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/294

Sebacic acid market from plasticizers application may witness strong gains at end of forecast timeframe. It is used as major raw material in polyamide manufacturing with addition properties including better ductility, flexibility, and hydrophobicity. Dibuty sebacate is approved in plastic used for pharmaceutical, medical device and food packaging thereby promoting industry growth.

Asia Pacific, led by China and India, sebacic acid market size, should surpass USD 180 million by 2024. Positive indicator in automotive sales accompanied with flourishing numerous end-use industries including, pharmaceuticals, textile, cosmetics owing to availability of low wage labor and raw materials may boost product demand in this region.

France sebacic acid market size from solvents application should exceed USD 4 million by end of 2024. Shift in trend towards less hazardous solvents to reduce toxicity and emission should drive industry growth. Strong application scope in cosmetic and personal care products as hair & skin conditioning, masking agent and emollient should boost industry growth.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/294

North America sebacic acid market size may grow significantly over 4%. Growing use of nylon mainly in U.S. textile industry along with increasing demand in cosmetic formulation including hair & skin conditioning, sunscreens and masks due to low toxicity should drive regional growth. Castor oil derivative manufacturers in this region are engaged in capacity expansion along with entry of new players in this sector may act as another contributing factor towards industry growth.

Global sebacic acid market share is competitive and moderately consolidated. Hengshui Jinghua Chemical, Casda Biomaterials, Sebacic India, Hokoku Corp, and Shandong Siqiang Chemical are some industrial participants operating in the industry. Companies are engaged in focusing towards forming strategies and product innovation to gain competitive advantage, thereby promoting industry growth.

Browse key industry insights spread across 150 pages with 100 market data tables & 9 figures & charts from the report, “Sebacic Acid Market Size By Application (Plastisizers, Lubricants, Solvents, Adhesives, Chemical Intermediates), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Australia, Thailand, Malaysia, Indonesia, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/sebacic-acid-market

Table of Contents (ToC) of the report:
Chapter 4 Sebacic Acid Market, By Application
4.1 Sebacic acid application market share, 2016 & 2024 (Kilo tons) (USD Million)
4.2 Plasticizers
4.2.1 Market estimates & forecast, 2013-2024,
4.2.2 Market estimates & forecast, by region, 2013-2024
4.3 Lubricants
4.3.1 Market estimates & forecast, 2013-2024
4.3.2 Market estimates & forecast, by region, 2013-2024
4.4 Solvents
4.4.1 Market estimates & forecast, 2013-2024
4.4.2 Market estimates & forecast, by region, 2013-2024
4.5 Adhesives
4.5.1 Market estimates & forecast, 2013-2024
4.5.2 Market estimates & forecast, by region, 2013-2024
4.6 Chemical Intermediates
4.6.1 Market estimates & forecast, 2013-2024
4.6.2 Market estimates & forecast, by region, 2013-2024
4.7 Others
4.7.1 Market estimates & forecast, 2013-2024
4.7.2 Market estimates & forecast, by region, 2013-2024
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/sebacic-acid-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Info:
Name: Arun Hegde
Organization: Global Market Insights, Inc.
Address: 4 North Main Street Selbyville, Delaware 19975 USA
Phone: 1-888-689-0688
Website: https://www.gminsights.com/pressrelease/sebacic-acid-market

Source URL: https://marketersmedia.com/report-sebacic-acid-market-size-to-surpass-480-million-by-2024/513571

Source: MarketersMedia

Release ID: 513571

Latest News

Boeing 737 Max 8 woes crimp Asian airlines' growth plans

May 20, 2019

SINGAPORE — Asian airlines are cutting routes, revamping their schedules and leasing extra aircraft to fill gaps left by the grounding of Boeing 737 Max 8s after deadly crashes in Indonesia and Ethiopia killed 346 people. So far, regional carriers have managed to avoid major disruptions, but analysts expect that idling the Max 8s, a fuel-efficient update of Boeing's popular 737, will crimp growth plans in the near future. As investigations into the crashes continue, Boeing anticipates a $1 billion increase in costs related to the 737 Max, including fixing software implicated in the disasters, adding pilot training and compensating...

Thai king celebrates coronation with spectacular parade

May 20, 2019

BANGKOK — Thailand's newly crowned King Maha Vajiralongkorn made a spectacular public appearance in front of his countrymen Sunday, carried atop a golden palanquin by soldiers in ancient fighting uniforms in a procession through Bangkok's historic quarter. Hundreds of other soldiers marched in front, behind and alongside the palanquin in scorching heat as the procession set off from Bangkok's Grand Palace just after 5 p.m. with a marching band setting the pace. Also taking part in the slow parade were the prime minister and other senior officials in the military government as well as the king's wife, Queen Suthida, and...

Thai minister says envoys breached diplomatic etiquette

May 20, 2019

BANGKOK — Thailand's foreign minister said Tuesday that he will summon representatives from the embassies of the European Union and the United States to discuss why he believes they breached diplomatic etiquette by observing a Thai politician being charged with sedition by police. Foreign Minister Don Pramudwinai said that foreign countries are barred from closely observing internal procedures "not only by etiquette but also by rules and regulations that the whole world abides by." His remarks come after several countries sent envoys to observe a police proceeding at a Bangkok police station on Saturday where Thanathorn Juangroongruangkit, leader of a...

Brunei invokes laws allowing stoning for gay sex, adultery

May 20, 2019

SINGAPORE — New Islamic criminal laws that took effect Wednesday in Brunei that punish gay sex and adultery by stoning offenders to death have triggered an outcry from countries, rights groups and celebrities far beyond the tiny Southeast Asian nation's shores. The penalties were provided for under new sections of Brunei's Shariah Penal Code. Sultan Hassanal Bolkiah instituted the code in 2014 to bolster the influence of Islam in the oil-rich monarchy of around 430,000 people, two-thirds of whom are Muslim. Even before 2014, homosexuality was already punishable in Brunei by a jail term of up to 10 years. The...

Prosecutor says ex-Malaysian PM abused his 'absolute power'

May 20, 2019

KUALA LUMPUR, Malaysia — Former Malaysian Prime Minister Najib Razak sat in the dock Wednesday at the start of his corruption trial, with the chief prosecutor alleging he wielded "near absolute power" for nearly a decade during which he stands accused of pilfering millions of dollars from the 1MDB state investment fund. "The accused is not above the law and his prosecution and this trial should serve as precedents for all future holders of this august office," Attorney General Tommy Thomas said in his opening statement. The trial was originally due to start in February but was delayed by procedural...

Sign up now!