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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 was 670 million US$ in 2018 and is expected to 950 million US$ by the end of 2025, growing at a CAGR of 4.3% between 2019 and 2025.
Market Analysis and Insights: Global Sebacic Acid Market
The global Sebacic Acid market was valued at US$ 803.6 in 2020 and will reach US$ 1034.6 million by the end of 2027, growing at a CAGR of 4.3% during 2022-2027.
Global Sebacic Acid Scope and Market Size
The global Sebacic Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sebacic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Granular/Beads
Powder
Other
Segment by Application
Nylon
Plasticizer
Lubricant
Others
The Sebacic Acid market is analysed and market size information is provided by regions (countries). Segment by Application, the Sebacic Acid market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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
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 was 670 million US$ in 2018 and is expected to 950 million US$ by the end of 2025, growing at a CAGR of 4.3% between 2019 and 2025.
Market Analysis and Insights: Global Sebacic Acid Market
The global Sebacic Acid market was valued at US$ 803.6 in 2020 and will reach US$ 1034.6 million by the end of 2027, growing at a CAGR of 4.3% during 2022-2027.
Global Sebacic Acid Scope and Market Size
The global Sebacic Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sebacic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Granular/Beads
Powder
Other
Segment by Application
Nylon
Plasticizer
Lubricant
Others
The Sebacic Acid market is analysed and market size information is provided by regions (countries). Segment by Application, the Sebacic Acid market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
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
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