Report Code: A02852 | Nov 2023 | Pages: NA | ||
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Request Now !Sebacic acid derived from castor oil is an exceptional concoction with a wide variety of applications and benefits. It is utilized in the manufacturing bio-polyamides, conferring critical properties such as adaptability, solidness, hydrophobicity, and lower dissolving temperatures. In addition, it is utilized as polyesters, as its flexibility, chemical resistance, and strength supports the dibasic acid nature of sebacic acid. These polyesters are used in various coating applications such as coils, architectural, and high solids paints.
The growth of the global sebacic acid market is driven by wide variety of applications & bio-based nature of sebacic acid and low manufacturing cost. However, increase in health and environmental concerns is expected to hamper the market growth.
The report is segments the global sebacic acid market on the basis of source, application, and geography. By source, the market is divided into castor oil and adipic acid. Applications covered in the study include personal care & cosmetics, lubricants & greases, and metalworking fluids. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The sebacic acid market is projected to witness substantial growth in widely populated countries in the Asia-Pacific regions, such as India, China, Japan, and South Korea.
Key Benefits
Sebacic acid Market Report Highlights
Aspects | Details |
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By Application |
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By Geography |
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Key Market Players | HOKOKU CO., LTD, SHANXI ZHENGANG CHEMICAL CO., LTD., SEBACIC INDIA LIMITED, INOLEX, KRISHNA SOLVENTS & CHEMICALS, EVONIK INDUSTRIES AG, CASDA BIOMATERIALS CO., LTD, ARKEMA AS, CRODA INC., TIANXING BIOTECHNOLOGY CO., LTD. |
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