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.
According to this study, over the next five years the Sebacic Acid market will register a 4.4% CAGR in terms of revenue, the global market size will reach US$ 870 million by 2024, from US$ 670 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sebacic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sebacic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Sebacic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Granular / Beads
Powder
Sebacic Acid from Castor Oil
Sebacic Acid from Adipic Acid
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Nylon
Plasticizer
Lubricant
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sebacic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sebacic Acid market by identifying its various subsegments.
Focuses on the key global Sebacic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sebacic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sebacic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Sebacic Acid . Industry analysis & Market Report on Sebacic Acid is a syndicated market report, published as Global Sebacic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Sebacic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.