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

More News From The Buzz Reporters

'John Wick 3' dethrones 'Avengers: Endgame' with $57 million

May 20, 2019

LOS ANGELES — The box office has a new king and his name is John Wick. The third installment of the hyper violent Keanu Reeves franchise has taken the top spot at the North American box office and ended the three-week reign of "Avengers: Endgame." Studios on Sunday say "John Wick: Chapter 3 — Parabellum" has grossed an estimated $57 million in its opening weekend. "Avengers: Endgame" slid to second place in its fourth weekend with $29.4 million. Domestically, it's now second only to "Star Wars: The Force Awakens." "Pokémon Detective Pikachu" placed third with $24.8 million and "A Dog's...

Actor-comedian Sammy Shore, father of Pauly, dies at 92

May 20, 2019

LAS VEGAS — Sammy Shore, an actor and standup comedian who co-founded the Comedy Store, died Saturday. He was 92. Through a spokeswoman, Shore's family said he died at his Las Vegas home surrounded by family. He was the father of actor-comedian Pauly Shore. Shore's nearly seven-decade career stretched from the "Borscht Belt" summer resorts of New York's Catskill Mountains to Las Vegas to the studios of Hollywood. Shore began his career doing standup with Shecky Greene. Elvis Presley chose Shore as the opening act for his comeback tour, and the comedian opened for many others, including Tony Orlando, Barbra...

Queen Elizabeth II attends yet another wedding at Windsor

May 20, 2019

LONDON — Queen Elizabeth II and other royal family members have gathered at St George's chapel in Windsor for the wedding of the daughter of the monarch's first cousin. Lady Gabriella Windsor's marriage to Thomas Kingston Saturday marked the third royal wedding at the 15th-century venue in less than a year after the nuptials of the Duke and Duchess of Sussex last May and Princess Eugenie and Jack Brooksbank in October. Prince Harry left Meghan at home with newborn son Archie and arrived with his uncle and aunt, Prince Edward and Princess Anne. The bride's gown was designed by Luisa...

No home birth: Harry and Meghan's Archie born in a hospital

May 20, 2019

LONDON — The birth certificate for the son of Prince Harry and Meghan, the Duchess of Sussex, reveals that Archie was born in a private hospital in London. The certificate filed Friday makes clear that Meghan did not give birth to the child in the couple's Frogmore Cottage home, as had been rumored. Archie Harrison Mountbatten-Windsor was born at the Portland Hospital in central London on May 6. He is seventh in line for the British throne. Harry and Meghan announced weeks before the birth that they wanted to keep many details of his birth private. Meghan's name is listed...

'Big Bang Theory' exits TV airwaves with emotional episode

May 20, 2019

LOS ANGELES — "The Big Bang Theory" is over. CBS aired the sitcom's last two episodes "The Change Constant" then "The Stockholm Syndrome" in an hour-long finale Thursday evening. The comedy about the adventures of a group of lovable misfits left the airwaves with the most episodes for a multi-camera series ever with 279 episodes. It edged past NBC's "Cheers," which aired for 11 seasons and 275 episodes. "The Big Bang Theory" became a cult classic despite some who questioned the show's chances of survival after it debuted in 2007. The series began about geeky physicist roommates portrayed by Jim...

Sign up now!