Market Overview:
The global epoxidized soybean oil acrylate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plasticizers, additives, and others applications across the globe. Additionally, factors such as rising awareness about environment-friendly products and growing demand from emerging economies are also contributing to the growth of this market. However, volatility in prices of raw materials is likely to restrain the growth of this market during the forecast period. On basis on type (mode of production), ring opening polymerization accounted for a larger share in terms of value in 2017 and is expected to maintain its dominance throughoutthe forecast period owingtoits properties such as low viscosity and compatibility with various monomers.
Product Definition:
Epoxidized soybean oil acrylate is a type of epoxy resin that is derived from soybean oil. It is used in various applications, including coatings, adhesives, and composites.
Mode of Production:Ring Opening Polymerization:
The global mode of production (MOP) for acrylate is ring opening polymerization. Acrylates are used in paints and coatings, adhesives and sealants, cosmetics, paper & pulp products along with other end-use industries such as pharmaceuticals. The growth factor for the MOP market is increasing demand from various end-use industries coupled with growing awareness regarding its usage in various applications.
Mode of Production:Reaction with Maleic Anhydride:
Epoxidized soybean oil acrylate (ESOA) is a copolymer of acrylic acid and anhydrous glycerol. It has high molecular weight, which makes it insoluble in water. ESOA is produced by reacting maleic anhydride with epoxy resin under controlled temperature and pressure conditions. The reaction takes place through the addition mechanism at room temperature or slightly higher temperatures depending upon the rate of consumption of catalyst during the process.
Application Insights:
The plasticizers segment dominated the global epoxidized soybean oil acrylate market in terms of revenue share in 2017. The growth of this segment can be attributed to increasing demand for plastics from various end-use industries such as construction, automotive, packaging and electrical & electronics. Plasticizers are used as a processing aid during the manufacturing process of polyvinyl chloride (PVC) resins. These additives improve physical properties such as flowability and molding characteristics which further enhances product utilization in plastic products.
Epoxy resin consumption is anticipated to witness significant growth on account of its wide application scope including adhesives, coatings, sealants and flooring systems among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large share of plasticizers consumption, which is majorly driven by China and Japan. In addition, rapidly growing automotive industry in emerging economies such as India and Indonesia will have a positive impact on regional growth.
Europe was the second-largest consumer of global epoxidized soybean oil acrylate due to high demand from several key industries including paints & coatings, rubber manufacturing, adhesives & sealants among others. North America emerged as one of the significant consumers owing to increasing demand from various end-use industries such as plastics & polymers; personal care; food processing among others. Growing environmental concerns have resulted in shifting preference towards bio-based products for many applications instead of petroleum based ones which has led to an increase in product consumption across this region since 2010s (Ref).
Growth Factors:
- Increasing demand for epoxidized soybean oil acrylate in paints and coatings due to its properties such as weather resistance, corrosion protection, and durability.
- Rising demand for epoxidized soybean oil acrylate from the automotive industry due to its properties such as high heat resistance and good adhesion.
- Growing use of epoxidized soybean oil acrylate in printing inks owing to its superior gloss retention and color stability characteristics.
- Increasing application of epoxidized soybean oil acrylate in construction activities due to its excellent water repellency property. 5) Growing demand for epoxy-modified acrylic resins from the electrical & electronics industry on account of their superior insulation properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxidized Soybean Oil Acrylate Market Research Report
By Type
Mode of Production:Ring Opening Polymerization, Mode of Production:Reaction with Maleic Anhydride
By Application
Plasticizers, Additive, Others
By Companies
Arkema SA, Hairma Chemicals, Galata Chemicals, CHS Inc, Ferro Corporation, Makwell Plasticizers, Inbra Industrias Quimicas, Shenzen Kaiqi Chemicals, Guangzhou Xinjinlong Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Epoxidized Soybean Oil Acrylate Market Report Segments:
The global Epoxidized Soybean Oil Acrylate market is segmented on the basis of:
Types
Mode of Production:Ring Opening Polymerization, Mode of Production:Reaction with Maleic Anhydride
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Plasticizers, Additive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema SA
- Hairma Chemicals
- Galata Chemicals
- CHS Inc
- Ferro Corporation
- Makwell Plasticizers
- Inbra Industrias Quimicas
- Shenzen Kaiqi Chemicals
- Guangzhou Xinjinlong Chemical
Highlights of The Epoxidized Soybean Oil Acrylate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mode of Production:Ring Opening Polymerization
- Mode of Production:Reaction with Maleic Anhydride
- By Application:
- Plasticizers
- Additive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Epoxidized Soybean Oil Acrylate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Epoxidized soybean oil acrylate is a type of acrylic resin that is made from epoxidized soybean oil. It is a strong, durable material that can be used to make products such as plastic bottles and food packaging.
Some of the major players in the epoxidized soybean oil acrylate market are Arkema SA, Hairma Chemicals, Galata Chemicals, CHS Inc, Ferro Corporation, Makwell Plasticizers, Inbra Industrias Quimicas, Shenzen Kaiqi Chemicals, Guangzhou Xinjinlong Chemical.
The epoxidized soybean oil acrylate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Epoxidized Soybean Oil Acrylate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Epoxidized Soybean Oil Acrylate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Epoxidized Soybean Oil Acrylate Market - Supply Chain
4.5. Global Epoxidized Soybean Oil Acrylate Market Forecast
4.5.1. Epoxidized Soybean Oil Acrylate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Epoxidized Soybean Oil Acrylate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Epoxidized Soybean Oil Acrylate Market Absolute $ Opportunity
5. Global Epoxidized Soybean Oil Acrylate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Type
5.3.1. Mode of Production:Ring Opening Polymerization
5.3.2. Mode of Production:Reaction with Maleic Anhydride
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Epoxidized Soybean Oil Acrylate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Application
6.3.1. Plasticizers
6.3.2. Additive
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Epoxidized Soybean Oil Acrylate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Epoxidized Soybean Oil Acrylate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Epoxidized Soybean Oil Acrylate Demand Share Forecast, 2019-2026
9. North America Epoxidized Soybean Oil Acrylate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Application
9.4.1. Plasticizers
9.4.2. Additive
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Type
9.7.1. Mode of Production:Ring Opening Polymerization
9.7.2. Mode of Production:Reaction with Maleic Anhydride
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Epoxidized Soybean Oil Acrylate Demand Share Forecast, 2019-2026
10. Latin America Epoxidized Soybean Oil Acrylate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Application
10.4.1. Plasticizers
10.4.2. Additive
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Type
10.7.1. Mode of Production:Ring Opening Polymerization
10.7.2. Mode of Production:Reaction with Maleic Anhydride
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Epoxidized Soybean Oil Acrylate Demand Share Forecast, 2019-2026
11. Europe Epoxidized Soybean Oil Acrylate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Application
11.4.1. Plasticizers
11.4.2. Additive
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Type
11.7.1. Mode of Production:Ring Opening Polymerization
11.7.2. Mode of Production:Reaction with Maleic Anhydride
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Epoxidized Soybean Oil Acrylate Demand Share, 2019-2026
12. Asia Pacific Epoxidized Soybean Oil Acrylate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Application
12.4.1. Plasticizers
12.4.2. Additive
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Type
12.7.1. Mode of Production:Ring Opening Polymerization
12.7.2. Mode of Production:Reaction with Maleic Anhydride
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Epoxidized Soybean Oil Acrylate Demand Share, 2019-2026
13. Middle East & Africa Epoxidized Soybean Oil Acrylate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Application
13.4.1. Plasticizers
13.4.2. Additive
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Epoxidized Soybean Oil Acrylate Market Size and Volume Forecast by Type
13.7.1. Mode of Production:Ring Opening Polymerization
13.7.2. Mode of Production:Reaction with Maleic Anhydride
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Epoxidized Soybean Oil Acrylate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Epoxidized Soybean Oil Acrylate Market: Market Share Analysis
14.2. Epoxidized Soybean Oil Acrylate Distributors and Customers
14.3. Epoxidized Soybean Oil Acrylate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arkema SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hairma Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Galata Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CHS Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ferro Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Makwell Plasticizers
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Inbra Industrias Quimicas
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shenzen Kaiqi Chemicals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Guangzhou Xinjinlong Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
