Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global Sebacic Acid Market: By Source: Castor Oil, Adipic Acid; By Application: Plasticisers, Lubricants, Solvents, Adhesives, Chemical Intermediates, Others; By End Use: Automotive, Aerospace, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sebacic Acid Market Outlook
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 to reach a value of approximately USD 313 million by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Increasing Demand for Plasticisers to Augment the Sebacic Acid Industry Growth
Based on application, the plasticisers segment accounts for a significant share in the sebacic acid industry. This can be attributed to the globally increasing usage of polymers and plastics, which, in turn, is fuelling the growth of the sebacic acid industry. Moreover, in contrast to phthalate plasticisers, these sebacate plasticisers possess improved low-temperature properties. As a result, shifting focus towards the development and use of bio-based polymers in order to minimise negative environmental impact is expected to drive the consumer demand in the forecast period.
North America to Provide Enhanced Growth Opportunities to the Sebacic Acid Industry
Region-wise, North America is expected to witness a robust growth over the forecast period. The market growth in North America can be attributed to the rising living standards of consumers, which has resulted in increased cosmetics spending. This is accompanied by the involvement of a variety of multinational companies engaged in the manufacturing of high-end beauty products in the United States. Moreover, sebacic acid is used as a chemical intermediate in the production of esters, which are used as solvents, emollients, masking agents, film forming agents, and conditioning agents, hence, further driving the growth of the regional market.
Sebacic Acid: Industry Definition and Segmentation
Sebacic acid is a powdered crystal or white flake derived from castor oil using sulphuric acid via catalysts like phenol, zinc oxide, and sodium hydroxide. Lubricants, plasticisers, hydraulic fluids, candles, and cosmetics are a few of the industries that use sebacic acid.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on source, the industry can be segmented into:
- Castor Oil
- Adipic Acid
By application, the market is divided into:
- Plasticisers
- Lubricants
- Solvents
- Adhesives
- Chemical Intermediates
- Others
The market is divided based on end use into:
- Automotive
- Aerospace
- Textile
- Packaging
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Increasing Demand for Lubricants to Bolster the Growth of the Sebacic Acid Industry
Sebacic acid is commonly used in the automotive and aerospace industries because of its excellent lubricity, low temperature fluidity, high flash points, and high thermal stability. Moreover, the growing consumer preference for bio-lubricants over traditional lubricants owing to the growing focus on reducing CO2 emissions and strict environmental policies is anticipated to drive the demand growth for sebacic acid. Furthermore, at high altitudes, sebacic acid is used as an ingredient in low temperature lubricants. In addition, growing investments in the automotive industry to produce high-performance fuel-efficient vehicles, coupled with the increased consumer spending, is projected to further propel the product demand. All these factors are driving the growth of the market.
Over the forecast period, the rapidly growing automotive and aerospace industries are expected to further stimulate the growth of the market.
Key Industry Players in the Global Sebacic Acid Market
The report gives a detailed analysis of the following key players in the global sebacic acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Arkema Group
- Hokoku Co., Ltd.
- Shipra Agrichem Pvt Ltd (SAPL)
- BASF SE
- Wilmar International Ltd
- Sebacic India Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Source, Application, End Use, Region |
| Breakup by Source | Castor Oil, Adipic Acid |
| Breakup by Application | Plasticisers, Lubricants, Solvents, Adhesives, Chemical Intermediates, Others |
| Breakup by End Use | Automotive, Aerospace, Textile, Packaging, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Arkema Group, Hokoku Co., Ltd., Shipra Agrichem Pvt Ltd (SAPL), BASF SE, Wilmar International Ltd, Sebacic India Limited, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Sebacic Acid Market Analysis
8.1 Key Industry Highlights
8.2 Global Sebacic Acid Historical Market (2017-2021)
8.3 Global Sebacic Acid Market Forecast (2022-2027)
8.4 Global Sebacic Acid Market by Source
8.4.1 Castor Oil
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Adipic Acid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Sebacic Acid Market by Application
8.5.1 Plasticisers
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Lubricants
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Solvents
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Adhesives
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Chemical Intermediates
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Others
8.6 Global Sebacic Acid Market by End Use
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Aerospace
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Textile
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Packaging
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Others
8.7 Global Sebacic Acid Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code – 291713)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Arkema Group
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Hokoku Co., Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Shipra Agrichem Pvt Ltd (SAPL)
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 BASF SE
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Wilmar International Ltd
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Sebacic India Limited
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Sebacic Acid Market: Key Industry Highlights, 2016 and 2026
2. Global Sebacic Acid Historical Market: Breakup by Source (USD Million), 2017-2021
3. Global Sebacic Acid Market Forecast: Breakup by Source (USD Million), 2022-2027
4. Global Sebacic Acid Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Sebacic Acid Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Sebacic Acid Historical Market: Breakup by End Use (USD Million), 2017-2021
7. Global Sebacic Acid Market Forecast: Breakup by End Use (USD Million), 2022-2027
8. Global Sebacic Acid Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Sebacic Acid Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Sebacic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Sebacic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Sebacic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Sebacic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Sebacic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Sebacic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Sebacic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Sebacic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Sebacic Acid Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Sebacic Acid Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Major Importing Countries by Value
21. Major Exporting Countries by Value
22. Major Importing Countries by Volume
23. Major Importing Countries by Volume
24. North America Historical Price Trends and Forecast (2017-2027)
25. Europe Historical Price Trends and Forecast (2017-2027)
26. Asia Pacific Historical Price Trends and Forecast (2017-2027)
27. Latin America Historical Price Trends and Forecast (2017-2027)
28. Middle East and Africa Historical Price Trends and Forecast (2017-2027)
29. Global Sebacic Acid Market Structure
Key Questions Answered in the Report
In 2020, the global sebacic acid market attained a value of nearly USD 262 million.
The market is projected to grow at a CAGR of 3% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 313 million by 2026.
The major industry drivers are rising population, rising industrialisation, and the increasing usage of polymers and plastics.
The key trends in the market are growing consumer preference for bio-lubricants over traditional lubricants and increasing usage automotive and aerospace industries.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major sources include castor oil and adipic acid.
Plasticisers is the dominant application segment in the industry.
The end-use sectors include automotive, aerospace, textile, and packaging, among others.
The major players in the industry are Arkema Group, Hokoku Co., Ltd., Shipra Agrichem Pvt Ltd (SAPL), BASF SE, Wilmar International Ltd, and Sebacic India Limited, among others.
Analyst Review
The global sebacic acid market attained a value of USD 262 million in 2020, driven by the increasing usage of polymers and plastics. Aided by the growing consumer preference for bio-lubricants over traditional lubricants and increasing usage automotive and aerospace industries, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 3%. The market is projected to reach USD 313 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The major sources include castor oil and adipic acid. Based on its applications, the sebacic acid industry can be segmented into plasiticisers, lubricants, solvents, adhesives, chemical intermediates, among others, with plasticisers accounting for the largest market share. The end-use sectors include automotive, aerospace, textile, and packaging, among others. Major regional markets for sebacic acid are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arkema Group, Hokoku Co., Ltd., Shipra Agrichem Pvt Ltd (SAPL), BASF SE, Wilmar International Ltd, and Sebacic India Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global ethoxylates market attained a value of more than USD 13.7 billion in 2021, driven by the increasing investments by the leading players to expand their production capacity. Aided by the grow...
The global poly alpha olefin (PAO) market attained a value of more than USD 1.3 billion in 2021, driven by the automotive lubricant formulations. Aided by the favourable characteristics of PAO, the m...
The global diisononyl phthalate (DINP) market attained a value of USD 3.01 billion in 2020, driven by the increasing use of PVC polymers. Aided by the rising population and end-use industries, the mar...
The global silane market stood at a value of around USD 1.06 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 4% to reach USD 1.3 billion by 202...
The global glucuronolactone market is being driven by the increased demand for energy supplements. Aided by the heightened investments in the pharmaceutical industry, the market is expected to witness...
NEWSLETTER