Sebacic Acid Market in-Depth Analysis Report 2019 : Arkema ,Sebacic India Limited ,Hokoku ,OPW Ingredients
Los Angeles, CA -- (SBWire) -- 03/26/2019 --This study focuses on the production side and consumption side of Sebacic Acid, presents the global Sebacic Acid market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Sebacic Acid capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Sebacic Acid by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.Sebacic acid is a naturally occurring di-carboxylic acid primarily derived from castor oil with the structure (HOOC) (CH2)8 (COOH). It is a white flake or powdered crystal and resolved in ethanol, ether and soluble slightly in water.
Sebacic Acid is mainly manufactured by splitting of Castor oil followed by fusion with Caustic. It can be used in a number of fields: it can be used to produce engineering plastics, antifreeze plasticizers, solvents, softeners and additives, etc. Moreover, it can also be used as the material of high-temperature lubricants, synthetic lubricant greases, artificial flavors and medical aspects.China is the largest consumption and export country of sebacic acid in the world in the past few years and it will keep the same position in the next few years. The Chinese market took up about 40% the global market in 2015 while more than 80% of the global export volume is from China. India is another key supplier all around the world. EU, USA and Japan is the key importers at present.
The sebacic acid market is developing rapidly on the basis of special and high performance nylon resins growth in 21 century. China relatively owns low-price and mature technology advantages over the world now, but the vast majority of high quality castor oil is from India. India may be the new growing region in the future.
The Sebacic Acid market was valued at 670 Million US$ in 2017 and is projected to reach 950 Million US$ by 2025, at a CAGR of 4.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sebacic Acid.
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This report includes the following manufacturers; we can also add the other companies as you want.
Arkema
Sebacic India Limited
Hokoku
OPW Ingredients
Hengshui Jinghua Chemical
Tongliao Xinghe Chemical
Tianxing Biotechnology
Verdezyne
Shipra Agrichem Pvt Ltd
Jiangsu Zhongzheng
Siqiang
Cap chem
Market Segment by Product Type
Granular / Beads
Powder
Sebacic Acid from Castor Oil
Sebacic Acid from Adipic Acid
Others
Market Segment by Application
Nylon
Plasticizer
Lubricant
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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