Sebacic Acid Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Los Angeles, CA -- (SBWIRE) -- 02/15/2019 -- 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 global Sebacic Acid market is valued at 670 million US$ in 2018 is expected to reach 950 million US$ by the end of 2025, growing at a CAGR of 4.3% during 2019-2025.
This report focuses on Sebacic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Sebacic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Sebacic India Limited
Hengshui Jinghua Chemical
Tongliao Xinghe Chemical
Shipra Agrichem Pvt Ltd
Segment by Regions
Segment by Type
Granular / Beads
Sebacic Acid from Castor Oil
Sebacic Acid from Adipic Acid
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Segment by Application
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