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Expert Market Research Explores the Top 5 Companies in the Global Sebacic Acid Market

top 5 companies in the global sebacic acid market

 

Arkema Group, BASF Se, Wilmar International Limited, Sebacic India Ltd, Shipra Agrichem Pvt Ltd, and Hokoku Co., Ltd., among others, are the major players in the global sebacic acid market. The global sebacic acid market reached a value of about USD 262 million in 2020. The market is further expected to grow at a CAGR of 3% in the forecast period of 2022-2027.

 

Sebacic acid is a powdered white flaky crystal derived from castor oil using sulphuric acid via catalysts like phenol, sodium hydroxide, and zinc oxide. Lubricants, plasticisers, candles, hydraulic fluids, and cosmetics are a few industries that use sebacic acid.

Sebacic acid is commonly used in the aerospace and automotive industries because of its excellent lubricity, low-temperature fluidity, high flash points, and high thermal stability. The growing consumer preference for bio lubricants over traditional lubricants due to the ever-increasing focus on decreasing CO2 emissions and strict environmental policies is expected to drive the demand growth for sebacic acid.

 

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At high altitudes, sebacic acid is used in low-temperature lubricants. In addition, increasing investments in the automotive industry to produce high-performance fuel-efficient vehicles, coupled with the increased consumer spending, is projected to propel the product demand further. These factors are driving the growth of this market.

 

Top 5 Global Sebacic Acid Companies:

Arkema Group

establishment: 2004
Headquarters: Paris, France
Website: https://www.arkema.com/global/en/arkema-group/

The Arkema group was created in October 2004, following the reorganisation of Total’s Chemicals branch. Thanks to innovation, targeted acquisitions, and investments in emerging countries, it has become a recognised world player in the field of speciality chemicals. Arkema designs materials to address the ever-growing demand for innovative and sustainable materials, driven by the challenges of new energies, new technologies, the depletion of resources, mobility, and increasing urbanisation.

 

BASF Se

establishment: 1865
Headquarters: Ludwigshafen, Germany
Website: https://www.basf.com/

BASF Se is a German multinational chemical company and the largest chemical producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in europe, Asia, Australia, the Americas, and Africa. Its headquarters is located in Ludwigshafen, Germany. BASF has customers in over 190 countries and supplies products to a wide variety of industries. Despite its size and global presence, BASF has received relatively little public attention since it abandoned manufacturing and selling BASF-branded consumer electronics products in the 1990s.

 

Wilmar International Limited

establishment: 1991
Headquarters: Singapore 
Website: https://www.wilmar-international.com/

Wilmar International Limited is a Singaporean food processing and investment holding company that provides management services to its 400+ subsidiary companies. Founded in 1991, it is one of Asia's leading agribusiness groups alongside the COFCO Group. At the core of Wilmar’s strategy is an integrated agribusiness model that encompasses the entire value chain of the agricultural commodity business, from cultivation and milling of palm oil and sugarcane, to processing, branding and distribution of a wide range of edible food products in consumer, medium and bulk packaging, animal feeds and industrial agri-products such as oleochemicals and biodiesel.

 

Sebacic India Ltd

establishment: 2007
Headquarters: Gujrat, India
Website: https://www.sebacicindia.com/

Sebacic India Limited is ISO 9001:2008 Certified Company and a leading manufacturer and exporter of sebacic acid, complying with Indian ePA laws. The project has been established with an outlay of above INR 93 crores and has an installed capacity of manufacturing 10000 MTPA of sebacic acid. This is the largest capacity plant, and is established by a group that was the first company to produce sebacic acid in India.

 

Shipra Agrichem Private Limited

establishment:  2007
Headquarters: Vadodara, Gujarat, India
Website: https://www.companydetails.in/company/shipra-agrichem-private-limited

Shipra Agrichem Pvt Ltd. was founded in 2007 by Mr Pradeep Nair, the Director of the company. Their products are sebacic acid, methyl DCO, DCO and HMR. SAPL is committed to excellent customer service. Their R&D has the facilities and expertise to assist clients in developing alternative processes or improved products. SAPL is the pioneer in developing third generation castor derivatives and exploring its commercial applications throughout the world. It is the first and only producer of C-10 Diamine, a monomer of Nylon -10.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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