Epoxidized soybean oil, also known as, ESBO, is used as a plasticizer in polyvinyl chloride (PVC) plastics. It is used as a plasticizer as well as a remover or neutralizer for hydrochloric acid that is enlightened from PVC while the PVC is being subjected to heat treatment. It is highly endorsed to boost the epoxidized soybean oil  production rate, as, this substance is known to be a competent substitute of a class of toxic substances known as phthalates, as plasticizer, as many countries have banned phthalates owing to the negative effects caused by them on the human health. Certain vegetable oils, for instance soybean oil, is usually epoxidized by reacting the double bonds present in the oil and a peroxyacid  made in situ by reacting certain amount of concentrated hydrogen peroxide with formic or acetic acid having a mineral acid as catalyst.

The global Epoxidized soybean oil (ESBO) market is expected to be cross more than  US$ 762 million by 2027, at a CAGR of 10.70%.

Global Epoxidized Soybean Oil market is segmented based on the Application as, Plasticizers, UV Cure Applications, Fuel Additives. On the basis of End-use Application as, Foods & Beverages, Adhesives & Sealants, Automotives.

Global Epoxidized Soybean Oil market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Epoxidized Soybean Oil market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Epoxidized Soybean Oil market manufacturers. The revenue generated from the sales of Epoxidized Soybean Oil manufacturer has been calculated through primary and secondary research.

The market size estimation also considered leading players revenues as part of triangulation the key players considered are Arkema SA (France), CHS INC. (U.S.), Ferro Corporation (U.S.), Galata Chemicals (U.S.), The Chemical Company (U.S.), Hairma chemicals (GZ) Ltd. (China), SHANDONG LONGKOU LONGDA CHEMICAL INDUSTRY CO., LTD (China), Guangzhou Xinjinlong Chemical Additives Co. Ltd. China. Availability Services among others operating in the Epoxidized Soybean Oil market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes End-Use Application of segmentation determined using secondary End-Use Application and verified through primary End-Use Application.

The Epoxidized Soybean Oil Market has been segmented as below:

Epoxidized Soybean Oil Market, By Application

• Agricultural chemicals          
• Cuttings oils              
• Coatings     
• Conduit pipe            
• Flexible sheet          
• Foam/Cellular PVC
• Ribbed pipes                            
• Others
• Plasticizers
• Pigment Dispersion Agent
• Flavors & Fragrances
• UV Care Applications
• Fuel Additives
• Surfactants
• Lubricants

Epoxidized Soybean Oil Market, By End-Use Application

• Adhesives & Sealants           
• Automotive & Transportation
•  Food & Beverages 
• Personal & Healthcare
• Others

Epoxidized Soybean Oil Market, By Raw Material

• Formic Acid
• Acetic Acid
• Soybean Oil
• Hydrogen Peroxide

Epoxidized Soybean Oil Market, By Region

• North America
• Europe
• Asia Pacific
• Rest of World

Report scope:

The global Epoxidized Soybean Oil market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.

Reasons to Buy this Report:

• Gain comprehensive insights on the industry trends
• Identify industry opportunities and key growth segments
• Obtain complete market study on the Epoxidized Soybean Oil market

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