Epoxidized Soybean Oil Market to surpass $650mn by 2024 - PowerPoint PPT Presentation

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Epoxidized Soybean Oil Market to surpass $650mn by 2024

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More Information @ Epoxidized soybean oil market size from fuel additive application may register strong gains up to 6% by 2024 owing to increasing efficiency and performance of automotive. The product has high flash point, thermal stability, low volatility & toxicity, and is biodegradable & non-corrosive in nature. – PowerPoint PPT presentation

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Title: Epoxidized Soybean Oil Market to surpass $650mn by 2024


1
Epoxidized Soybean Oil Market to surpass 650mn
by 2024 Global Market Insights Inc.
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Industry Overview
  • Epoxidized Soybean Oil Market to surpass USD 650
    million by 2024 driven by growing adhesives
    sealants and food beverage industries in
    Europe. 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.
    The product is manufactured by soybean oil using
    epoxidation process. The epoxidized form of
    soybean is oil being accepted in numerous
    industries for its non-toxic nature including its
    application as stabilizer for PVC, which may fuel
    product demand by 2024.
  • Epoxidized soybean oil market size from hydrogen
    peroxide may surpass USD 100 million by 2024.
    Hydrogen peroxide is a powerful oxidizing and
    reducing agent. Government regulations play an
    important role in propelling hydrogen peroxide
    market growth due to emission-free and
    environmentally friendly properties. These
    factors may drive ESBO market growth.
  • These products find application in stabilizing
    additives and are widely accepted in industrial
    applications. It also improves performance of the
    system and gives heat and light stability as
    compared to metallic stabilizers. These factors
    are likely to foster industry growth.

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Continue
  • Epoxidized soybean oil (ESBO) market from
    plasticizer application is estimated to surpass
    USD 355 million by 2024 owing to its usage in PVC
    plastics. It acts as plasticizer and as a forager
    for HCL emitted from polyvinyl chloride products,
    when they undertake heat treatment. These factors
    will foster industry growth. The product is used
    in plastic materials including PVC its
    copolymers in order to keep these products
    flexible soft, which may further propel
    industry growth.
  • Epoxidized soy oil market from pigment dispersion
    agent application is likely witness substantial
    gains of over 6 by 2024. ESBO is used as a
    pigment scattering agent and as an epoxy reactive
    diluent. Due to its controlled cost, non-toxic
    nature and eco-friendly properties along with its
    biodegradability as compared to other phthalate
    plasticizers, ESBO is likely to replace dioctyl
    phthalate (DOP) in industrial application. These
    product functions are likely to stimulate
    industry growth by 2024.

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Browse Full Market Research Report Of Epoxidized
Soybean Oil Market _at_ https//bit.ly/2i0HxG9
Request for a Sample of this Research
report _at_ https//bit.ly/2rJXOAT
5
U.S. Epoxidized Soybean Oil Market Size, By
End-Use, 2017 2024, (Kilo Tons)

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Industry Coverage

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Continue
  • ESBO market is likely foresee gains on account of
    its usage as raw materials for numerous
    applications which include polyol replacements,
    fuel additives, functional fluids, flavor
    fragrances, agricultural and pharmaceutical
    molecules. The product act as a polymeric
    plasticizer and owing to its high molecular
    weight, it resists extraction, volatilization,
    and migration, which is likely to boost market
    growth in forecast timeframe.
  • Global epoxidized soybean oil market share is
    fragmented and competitive with key industry
    players including Flow Tech Group ADEKA, Arkema,
    INBRA, KLJ, Varteco, CHS Inc, Makwell, Valtris,
    Zhejiang Jiaao Enprotech Ltd., The Chemical
    Company. Manufacturers are involved JV, mergers
    acquisitions, and partnership in order to
    implement ground-breaking technologies with
    increasing production capacities to cater growing
    ESBO demand.

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