Title: Linseed Oil Market industry growth forecast from 2016 to 2024
1Linseed Oil Market Share and Forecast 2016-2024
Linseed Oil Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Mexico,
UK, Germany, France, Italy, China, Australia,
India, Japan, Indonesia, Argentina, Brazil, Saudi
Arabia, UAE, Kuwait, ), Application Development
Potential, Price Trends, Competitive Market Share
Forecast, 2016 2024
2Global Market Scenario of Linseed Oil Market
- Linseed Oil Market size may witness strong gains
over the projected timeframe owing to increasing
application scope in food, pharmaceutical, and
cosmetic industry. - It is widely used in manufacturing of various
products including paints, gliding, putty,
floorings, wood finish, linoleum, nutritional
supplement and processed food. - Linseed oil reduces risk of heart diseases and
cancer, acts as a natural laxative, relieves
inflammation and pain, protects from osteoporosis
and stabilizes hormonal imbalance. - Linseed oil market might may face substitute
threats from increasing usage of synthetic alkyd
resin. It causes eye and skin irritation when
comes in contact and may hamper its adoption in
childcare products, thereby hindering industry
growth.
3- Product Analysis-
- Linseed oil is a colorless to yellow product
obtained from ripened, dried seeds of flax plant
and known as flaxseed oil. - It can be produced by pressing or through solvent
extraction process. - It polymerizes into solid form and used by
blending with various resins, or solvents as
impregnator. - Regional Trends-
- North America, driven by Canada, and the U.S.
linseed oil market size may show significant
demand owing to increasing application scope in
wooden product, dietary supplement and cosmetic
industries. - Canada is the one of the biggest flaxseed oil
supplier and the export was over 730 kilo tons in
2015. - Asia Pacific, led by Japan, Taiwan, India and
China linseed oil market, should witness highest
gains. Strong application outlook in paints and
food processing industries should drive regional
growth. China imports flaxseed and the production
was around 350 kilo tons in 2015.
4- Competitor Analysis-
- Global linseed oil market share is competitive.
- Most of the companies are adopting strategies and
mergers acquisitions with companies to enhance
business in regional and international markets.
Strong RD spending to expand application areas
and enhance product portfolio. - Some key players operating in the industry
include ADM, Cargill, Bioriginal Food Science
Corp, and Natural Brand. Other industry
participants include Barleans, GranoVita,
OmegaFactors, Linolie Danmark Aps, and Gustav
Heess.
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