Bottom Article Ad

Sunday, August 22, 2021

Rising demand of Sebacic Acid in its application sectors will drive the Global Sebacic Acid Market in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Sebacic Acid Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global sebacic acid market, assessing the market based on its segments like source, application, end-use, and major regions such as Asia Pacific, Europe, North America, Middle East, and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/sebacic-acid-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 262 Million
  • Forecast CAGR (2021-2026): 3.0%
  • Forecast Market Size (2026): USD 313 Million

The growth of the global market for sebacic acid is being driven by its common use in the automotive and aerospace industry, owing to its excellent lubricity, low-temperature fluidity, high flash points, and high thermal stability. Moreover, the growth is expected to be augmented by stringent environmental policies, with a shift towards bio-lubricants from the traditional ones. The products also find their use as an ingredient in low-temperature lubricants, at high altitudes. Additionally, rising investments in the automotive industry for the need of high-performance fuel-efficient vehicles are further, likely to propel the product demand. All these factors are providing rapid growth to the market.

Industry Definition and Major Segments

Sebacic acid is a white flake or a powdered solid derived from castor oil and adipic acid. It is obtained using sulphuric acid via catalysts like phenolzinc oxide, and sodium hydroxide. Major end-use industries which utilise sebacic acid in their process of production are lubricants, plasticisers, hydraulic fluids, candles, and cosmetics.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/sebacic-acid-market

Based on source, the industry can be segmented into:

  • Castor Oil
  • Adipic Acid

By application, the market is divided into:

  • Plasticisers
  • Lubricants
  • Solvents
  • Adhesives
  • Chemical Intermediates
  • Others

The market is divided based on end-use into:

The regional markets for home blood pressure monitoring devices include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Regionally, North America is likely to witness significant growth in the forecast period, owing to the rising living standards of consumers and increase in cosmetic spending propelled by a healthy presence of the supply chain. Moreover, sebacic acid finds its extensive use in the chemical industry whose growth is expected to boost the product demand. By application, development, and use of bio-based polymers to minimise environmental impact is likely to accelerate the market growth in the plasticiser segment. Thus, increasing global use of polymers and plastics is expected to drive regional market growth.

Key Market Players

The major players in the market are Arkema Group, Hokoku Co., Ltd., Shipra Agrichem Pvt Ltd (SAPL), BASF SE, Wilmar International Ltd, and Sebacic India Limited among few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

India Pan Masala Market: https://www.expertmarketresearch.com/reports/india-pan-masala-market

Global Water Purifier Market: https://www.expertmarketresearch.com/reports/water-purifier-market

Global Office Furniture Market: https://www.expertmarketresearch.com/reports/office-furniture-market

Global Weathering Steel Market: https://www.expertmarketresearch.com/reports/weathering-steel-market

Global Reusable Water Bottles Market: https://www.expertmarketresearch.com/reports/reusable-water-bottles-market

Global Robotic Refuelling System Market: https://www.expertmarketresearch.com/reports/robotic-refueling-system-market

Global Residential Digital Faucets Market: https://www.expertmarketresearch.com/reports/residential-digital-faucets-market

Global Online Movie Ticketing Services Market: https://www.expertmarketresearch.com/reports/online-movie-ticketing-services-market

Global Organic Personal Care Ingredients Market: https://www.expertmarketresearch.com/reports/organic-personal-care-ingredients-market

Vietnam Sanitary Ware and Bathroom Accessories Market: https://www.expertmarketresearch.com/reports/vietnam-sanitary-ware-and-bathroom-accessories-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: EMR Inc.
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

0 Comments:

Post a Comment