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

Kenya patient free of Ebola, as Congo, Uganda fight outbreak

Jul 17, 2019

NAIROBI, Kenya — Kenya remains free from Ebola as test results show that a sick woman does not have the deadly hemorrhagic fever, while neighboring Uganda and Congo battle a stubborn outbreak of the disease. Kenya's Health Minister Sicily Kariuki Monday announced that a patient isolated at the Kericho County Referral Hospital does not have Ebola. "The results of tests carried out by the Kenya Medical Research Institute laboratories on the 36-year-old lady currently admitted in the isolation unit of the Kericho County Referral hospital have been confirmed to be negative for the Ebola virus disease and other hemorrhagic fevers,"...

Egypt demands Christie's halt auction of King Tut statue

Jul 17, 2019

CAIRO — Egypt has tried to halt the auction of a 3,000-year-old stone sculpture of the famed boy pharaoh Tutankhamun at Christie's in London, while the auction house said its sale was legal. The statue — a brown quartzite head depicting King Tut — is scheduled to be auctioned off in July, and could generate more than $5 million, according to Christie's. The artifact features King Tut's full mouth with slightly drooping lower lips and almond-shaped eyes. For many, King Tut is the ultimate symbol of ancient Egypt's glory. Howard Carter discovered the pharaoh's nearly intact tomb in 1922 in...

Egypt says ancient cemetery found at Giza famed pyramids

Jul 17, 2019

CAIRO — Egypt's Antiquities Ministry says archaeologists have uncovered part of an ancient cemetery near the country's famed pyramids on the Giza plateau just outside Cairo. Mostafa Waziri, secretary general of the Supreme Council of Antiquities, says Saturday the cemetery houses burial shafts and tombs of top officials and a fine limestone statue from the Old Kingdom's Fifth Dynasty (2465-2323 B.C.). Ashraf Mohi, the head of the Giza Plateau archaeological site, says scientists know that the cemetery had been reused extensively in the Late Period (664-332 B.C.), as archeologists found painted and decorated wooden anthropoid coffins, and wooden and clay...

AP Explains: Why this Ebola outbreak is a special challenge

Jul 17, 2019

JOHANNESBURG — More than 1,000 deaths have now been confirmed in eastern Congo's Ebola outbreak, the second-worst in history behind the West African one in 2014-16 that killed more than 11,300 people. Attacks on health workers are badly complicating efforts to contain one of the world's most notorious diseases. At least 85 have been wounded or killed since January. Here's a look at why the outbreak is especially challenging, even as a promising experimental vaccine is being used widely for the first time. Nervous health experts watch as the virus spreads in a dense, highly mobile population near the border...

New cyclone begins to make landfall in northern Mozambique

Jul 17, 2019

JOHANNESBURG — A powerful tropical cyclone began to make landfall on Thursday in Mozambique, just six weeks after Cyclone Idai devastated the central part of the country and left hundreds dead. Authorities carried out compulsory evacuations in cases where residents resisted warnings to flee. Cyclone Kenneth is expected to bring heavy rains and flooding to northeastern Mozambique, which was not hit by the earlier storm, and southern Tanzania, which told coastal residents to evacuate. The cyclone arrived in Mozambique north of the city of Pemba with maximum sustained winds of 220 kilometers (136 miles) per hour, the Joint Typhoon Warning...

About Us

Delivering news from all over the globe, StarJournal keeps you abreast with the greatest minds in science, be it researchers, theorists or even popularizers.

Contact us: sales[at]starjournals.com

Subscribe Now!