Epoxidized Soybean Oil (ESBO) Market by Raw Material, Application, End
[171 Pages Report] The global Epoxidized soybean oil (ESBO) market is projected to be valued at USD 691.7 million by 2026, at a CAGR of 10.70% from 2016 to 2026. In this study, 2015 has been considered as the base year and 2016 to 2026, the forecast period, to estimate the global market of epoxidized soybean oil.
Epoxidized Soybean oil (ESBO) Market - MarketsandMarkets
The global market for epoxidized soybean oil is projected to reach USD 691.7 Million by 2026, at a CAGR of 11.04% from 2016 to 2026. The growing demand for epoxidized soybean oil from major application industries such as, PVC & PVA plasticizers, UV cure applications, and other industrial applications in emerging economies are driving
Global Epoxidized Soybean Oil Market - 2025-2028 - market research
Epoxidized Soybean oil is an organic oil derived from soybean by a process known as epoxidation. It is widely used as a plasticizing & stabilizing agent in PVC plastics. Its major application also includes usage as a fuel additive in the automobile sector and cutting fluid and functional fluid in various industrial applications.
Epoxidized Soybean Oil Market Size, Industry Share, Forecast 2030
Epoxidized soybean oil is one of the most common vegetable oils used as an alternative in the oleo-chemical industry, owing to its cheaper price and greater output. Epoxidized soybean oil can be manufactured on a large scale with the epoxidation of soybean oil in the presence of an acid catalyst and hydrogen peroxide.
Epoxidized Soybean Oil (ESBO) Market Size to hit $650mn by 2024
Epoxidized Soybean Oil (ESBO) Market size is set to surpass USD 650 million by 2024; according to a new research report by Global Market Insights Inc. Epoxidized soybean oil (ESBO) market size is anticipated to witness strong gains on account of its usage as plasticizer in numerous industries including construction & agriculture.
- How much is epoxidized soybean oil market worth?
- Epoxidized Soybean Oil Market is projected to reach USD 648 million by 2028. Report provides crucial industry insights that will help your business grow.
- What is the epoxidized soybean oil (ESBO) market?
- The Epoxidized Soybean Oil (ESBO) market faces a significant constraint due to the inherent volatility in the prices of key raw materials, particularly soybean oil. As a fundamental component in ESBO production, the cost of soybean oil directly influences the overall cost structure for manufacturers.
- Which country is leading the epoxidized soybean oil market?
- The US is expected to account for the largest share of the market in North America till 2028. North America is a dominant force in the global epoxidized soybean oil market, primarily driven by the increasing demand for non-phthalate plasticizers in the production of PVC compounds and the expansion of end-use industries.
- What drives the global epoxidized soybean oil market?
- North America is a dominant force in the global epoxidized soybean oil market, primarily driven by the increasing demand for non-phthalate plasticizers in the production of PVC compounds and the expansion of end-use industries. To know about the assumptions considered for the study, download the pdf brochure
- Which region is the fastest growing region in the epoxidized soybean oil market?
- North America is projected to account for the Fastest-Growing region in the epoxidized soybean oil market during the forecast period. North America is estimated to be the largest market for epoxidized soybean oil and is also projected to register a CAGR of 5.7% during the forecast period.
- How does the cost of soybean oil affect Esbo production?
- As a fundamental component in ESBO production, the cost of soybean oil directly influences the overall cost structure for manufacturers. Sudden and substantial price fluctuations in soybean oil can result in heightened production costs, subsequently impacting profit margins for ESBO producers.
