According to a new market report by Lucintel, the future of the epoxidized soybean oil market looks promising with opportunities in the plasticizers, pigment dispersion agent, flavors and fragrances, UV care applications, and fuel additives. The epoxidized soybean oil market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are increasing adoption of organic stabilizers in polyvinyl chloride (PVC) stabilization process, growing demand for biocompatible lubricants, alternative for mineral oil based lubricant, and competitive advantage over the other bio-based oils.
In this market, soybean oil and hydrogen peroxide are the major raw material of the epoxidized soybean oil market.
Within the epoxidized soybean oil market, plasticizer, pigment dispersion agent, flavor and fragrance, UV care application, and fuel additive are the major applications of epoxidized soybean oil.
North America will remain the largest market over the forecast period due to stringent environmental norms set by the U.S government and ease of accessibility of cheap raw materials.
Arkema SA, Dow Chemical Company, CHS Inc., Ferro Corporation, Galata Chemicals LLC, Hairma Chemicals (GZ) Ltd., Shandong Longkou Longda Chemical Industry Co., Ltd., Guangzhou Xinjinlong Chemical Additives Co. Ltd., Inbra Indústrias Químicas, Ltd., Makwell Plasticizers Pvt Ltd., Shenzen Kaiqi Chemical Co., Ltd., and The Chemical Company are among the major manufacturers of epoxidized soybean oil
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the epoxidized soybean oil market by raw material, application, and region. Lucintel has prepared a comprehensive research report titled "Epoxidized Soybean Oil Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the epoxidized soybean oil market by raw material, application, and region as follows:
By Raw Material [$M shipment analysis for 2013 – 2024]:
• Soybean Oil
• Hydrogen Peroxide
• Others (Formic Acid, Acetic Acid)
By Application [$M shipment analysis for 2013 – 2024]:
• Plasticizers
• Pigment Dispersion Agent
• Flavors & Fragrances
• UV Care Applications
• Fuel Additives
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
− US
− Canada
− Mexico
• Europe
− Germany
− Spain
− France
− United Kingdom
− Russia
• Asia Pacific
− China
− Japan
− India
• The Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the epoxidized soybean oil market by raw material (soybean oil, hydrogen peroxide, and others), by application (plasticizer, pigment dispersion agent, flavor & fragrances, UV care applications, fuel additives and others), by region (North America, Europe, Asia-Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the epoxidized soybean oil market?
Q.5 What are the business risks and threats to the epoxidized soybean oil market?
Q.6 What are emerging trends in this epoxidized soybean oil market and the reasons behind them?
Q.7 What are some changing demands of customers in the epoxidized soybean oil market?
Q.8 What are the new developments in the epoxidized soybean oil market? Which companies are leading these developments?
Q.9 Who are the major players in this epoxidized soybean oil market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, epoxidized soybean oil market?