Epoxidized Soybean Oil Market Growth by Top Company, Region, Application and Opportunities by 2023

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The global epoxidized soybean oil market is expected to grow during the forecast period (2017-2023) on account of ease of availability of ESBO at large quantities coupled with low prices.

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A high demand from the plastic additive industries for the use of phthalate free bio-based plasticizers from China, India and Brazil is expected to drive the global epoxidized soybean oil market during the forecast period.

ESBO, a non-toxic, yellow colored liquid, is manufactured by the oxidation of soybean and unsaturated oils with hydrogen peroxide. ESBO is used in edible items like food and beverages industry and inedible products like plasticizers and stabilizers for PVC.

The global epoxidized soybean oil market is segmented on the basis of raw material, application and region. By raw material, the global market for ESBO is segmented into soybean oil, hydrogen peroxide, formic acid and acetic acid.

The global market for ESBO, on the basis of application, is segmented into plasticizers, pigment dispersion agent, flavors and fragrances, UV care applications and fuel additives.

North America is expected to be the largest market for epoxidized soybean oil, in terms of value, owing to the stringent environmental norms set by the U.S government and ease of accessibility of cheap raw materials in the region.

Read summary of report here : https://www.psmarketresearch.com/market-analysis/epoxidized-soybean-oil-market

The major companies operating in the global epoxidized soybean oil market are Arkema, The Dow Chemical Company, The Chemical Company,  Galata Chemicals, Hairma Chemicals (GZ) Ltd. , Ferro Corporation, Shandong Longkou Longda Chemical Industry Co.,Ltd. ., CHS Inc., Makwell Plastisizers Pvt. Ltd and Shenzhen Kaiqi Chemicals Co.,Ltd.

Market Segmentation
By Raw Material
  • Soybean oil
  • Hydrogen peroxide
  • Others (formic acid, acetic acid)
By Application
  • Plasticizers
  • Pigment dispersion agent
  • Flavours and fragrances
  • UV care applications
  • Fuel additives  
By Region
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Rest of Asia-Pacific
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Western Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Rest of Western Europe
    • Central and Eastern Europe
      • Russia
      • Turkey
      • Rest of Central and Eastern Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa

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