Report: Sebacic Acid Market Size to surpass $480 million by 2024

France sebacic acid market from solvents application should exceed USD 4 million by end of 2024. Shift in trend towards less hazardous solvents to reduce toxicity and emission should drive industry growth.

Selbyville, Delaware, USA - May 16, 2019 /MarketersMedia/ —

The size of sebacic acid market from lubricants application is anticipated to grow over 4.5% in the end of 2024. It is used to produce chemical derivative sebacate diesters which has wide application scope in grease and complexed lubricants. These lubricants offer high performance, high heat resistance and fuel efficiency.

Essential feedstock for production is castor oil. Fluctuating castor oil seeds costs may challenge industry profitability and impact sebacic acid market price trend. However, increasing popularity of bio-based polymers derived from renewable and natural sources such as castor oil over petroleum based polymer may act as major contributing factor towards market growth.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/294

Sebacic acid market from plasticizers application may witness strong gains at end of forecast timeframe. It is used as major raw material in polyamide manufacturing with addition properties including better ductility, flexibility, and hydrophobicity. Dibuty sebacate is approved in plastic used for pharmaceutical, medical device and food packaging thereby promoting industry growth.

Asia Pacific, led by China and India, sebacic acid market size, should surpass USD 180 million by 2024. Positive indicator in automotive sales accompanied with flourishing numerous end-use industries including, pharmaceuticals, textile, cosmetics owing to availability of low wage labor and raw materials may boost product demand in this region.

France sebacic acid market size from solvents application should exceed USD 4 million by end of 2024. Shift in trend towards less hazardous solvents to reduce toxicity and emission should drive industry growth. Strong application scope in cosmetic and personal care products as hair & skin conditioning, masking agent and emollient should boost industry growth.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/294

North America sebacic acid market size may grow significantly over 4%. Growing use of nylon mainly in U.S. textile industry along with increasing demand in cosmetic formulation including hair & skin conditioning, sunscreens and masks due to low toxicity should drive regional growth. Castor oil derivative manufacturers in this region are engaged in capacity expansion along with entry of new players in this sector may act as another contributing factor towards industry growth.

Global sebacic acid market share is competitive and moderately consolidated. Hengshui Jinghua Chemical, Casda Biomaterials, Sebacic India, Hokoku Corp, and Shandong Siqiang Chemical are some industrial participants operating in the industry. Companies are engaged in focusing towards forming strategies and product innovation to gain competitive advantage, thereby promoting industry growth.

Browse key industry insights spread across 150 pages with 100 market data tables & 9 figures & charts from the report, “Sebacic Acid Market Size By Application (Plastisizers, Lubricants, Solvents, Adhesives, Chemical Intermediates), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Australia, Thailand, Malaysia, Indonesia, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/sebacic-acid-market

Table of Contents (ToC) of the report:
Chapter 4 Sebacic Acid Market, By Application
4.1 Sebacic acid application market share, 2016 & 2024 (Kilo tons) (USD Million)
4.2 Plasticizers
4.2.1 Market estimates & forecast, 2013-2024,
4.2.2 Market estimates & forecast, by region, 2013-2024
4.3 Lubricants
4.3.1 Market estimates & forecast, 2013-2024
4.3.2 Market estimates & forecast, by region, 2013-2024
4.4 Solvents
4.4.1 Market estimates & forecast, 2013-2024
4.4.2 Market estimates & forecast, by region, 2013-2024
4.5 Adhesives
4.5.1 Market estimates & forecast, 2013-2024
4.5.2 Market estimates & forecast, by region, 2013-2024
4.6 Chemical Intermediates
4.6.1 Market estimates & forecast, 2013-2024
4.6.2 Market estimates & forecast, by region, 2013-2024
4.7 Others
4.7.1 Market estimates & forecast, 2013-2024
4.7.2 Market estimates & forecast, by region, 2013-2024
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/sebacic-acid-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Info:
Name: Arun Hegde
Organization: Global Market Insights, Inc.
Address: 4 North Main Street Selbyville, Delaware 19975 USA
Phone: 1-888-689-0688
Website: https://www.gminsights.com/pressrelease/sebacic-acid-market

Source URL: https://marketersmedia.com/report-sebacic-acid-market-size-to-surpass-480-million-by-2024/513571

Source: MarketersMedia

Release ID: 513571

More News From travellersea.com

Cracks were found in a key structural part on 38 Boeing jets

Oct 17, 2019

Inspections of some older Boeing jets have turned up structural cracks in more than three dozen of them, raising a new safety issue for the company already dealing with two deadly crashes involving a newer version of the same plane. Boeing said Thursday that airlines worldwide have inspected 810 planes following an order from U.S. safety regulators. Of those, 38 — or 5% — had "findings" requiring repairs. Airlines are under orders to inspect certain Boeing 737 NG planes for cracking in a part that helps keep wings attached to the fuselage. Boeing declined to identify which airlines found problems,...

Road tripping Thailand: Weekend getaways to beat the crowds

Oct 17, 2019

BANGKOK — Thailand's southern beaches lure travelers with their turquoise water and dramatic limestone cliffs, but there's more to explore in the Southeast Asian country that's one of the world's most popular destinations. For a Thai road less traveled, try one of these getaways outside Bangkok, far from the overly Instagrammed backpacker hotspots or the party scene of Phuket or Pattaya. ___ BAN KRUT FOR THE BEACH BUM In laid-back Ban Krut, travelers will find one of the cleanest and quietest stretches of white sand within driving distance of the capital, Bangkok. This sleepy seaside community, known mostly by locals,...

Protests squeezing Hong Kong economy, tourism, leader says

Oct 17, 2019

HONG KONG — Hong Kong's economy is languishing after months of increasingly violent protests, the city's embattled leader Carrie Lam said Tuesday. Lam, addressing reporters after a long weekend of more turmoil, said tourism arrivals were down by half and that hotels and retailers were suffering. Hong Kong's third quarter economic data will definitely be "very bad", said Lam, the semi-autonomous territory's Beijing-backed chief executive said. Lam said she did not have the data with her. But empty streets and tourist attractions are evidence of the fallout from the protests that began in June over a now-shelved extradition bill that...

Qatar's World Cup challenge magnified by track worlds issues

Oct 17, 2019

DOHA, Qatar — By day, Juma Marzouq approves Qatar's masterplans for the vast stadium infrastructure for the 2022 World Cup. By night, Marzouq goes into fan mode, tackling the challenge of filling soccer arenas in this tiny nation. Marzouq has seen encouraging signs since Qatar's breakthrough on the field in February, when it won the Asian Cup for its first major soccer title. The urban planning expert last week glanced around the near-full stands of Al Sadd's 15,000-seat stadium for the visit of Saudi Arabian side Al Hilal in the semifinals of the Asian Champions League, a small victory for...

Museum of the Bible quietly replaces questioned artifact

Oct 17, 2019

OKLAHOMA CITY — The Museum of the Bible in Washington quietly replaced an artifact purported to be one of a handful of miniature Bibles that a NASA astronaut carried to the moon in 1971 after an expert questioned its authenticity. The move follows an announcement last year that at least five of 16 Dead Sea Scroll fragments that had been on display at the museum were found to be apparent fakes. The museum replaced the original microfilm Bible with one that was donated by an Oklahoma woman who wrote a book about the Apollo Prayer League, which arranged for Apollo...

Traveller SEA (South-East Asia) is for wanderlust looking for an adventure in the South-East Asia region and the rest of the world.

Contact us: sales@tvlseacom.com