Market Overview:
Epoxidized linseed oil is a type of vegetable oil that has been chemically modified to contain epoxide groups. These groups react with each other to form a tough, durable film that is resistant to water and many solvents. Epoxidized linseed oil is used in a variety of applications, including medical field, food sector, industrial sector and others. The global epoxidized linseed oil market was valued at US$ XX Mn in 2017 and is projected to grow at a CAGR of XX% during the forecast period 2018-2030.
Product Definition:
Epoxidized linseed oil is a type of vegetable oil that has been treated with epoxy resin. This treatment causes the oil to become harder, more resistant to oxidation, and less likely to spoil. Epoxidized linseed oil is used as a finishing agent for wood furniture, floors, and other objects. It can also be used as a lubricant or sealant.
Strong Acid Catalysis:
Strong acid catalysis is a method of chemical synthesis in which an organic compound is manufactured by the reaction between an aqueous solution of sulfuric acid and epoxidized oil. The most common product obtained using this process is polyoxyethylene (POE) which has applications as adhesives, coatings, plastics additives and detergents.
Ring Opening Polymerization:
Ring opening polymerization (ROP) is a process in which epoxidized linseed oil is converted to polymers. It involves the reaction between an epoxide group and a hydroxyl group. Ring opening polymerization was first developed for the production of polyurethane elastomers, but it can also be used for other types of synthetic elastomers such as styrene-butadiene and acrylonitrile-butadiene rubber.
Application Insights:
The global epoxidized linseed oil market is segmented on the basis of applications into food, medical and industrial sectors. The food application segment led the market in 2017 and is projected to maintain its dominance over the forecast period. This can be attributed to growing demand for EPO in bakery products, confectionery items, dairy products as well as nutraceuticals.
Medical field was another major application sector that accounted for a significant share of over 30% in 2017 owing to extensive usage of epoxy resins by various medical device manufacturers including 3M Company Ltd., Cook Medical Inc., Conmed Corporation among others for manufacturing polymers used in surgical devices & implants such as hip & joint replacements, stents etc.
Regional Analysis:
North America emerged as the largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from end-use industries such as paints and coatings, automotive, construction, and food processing. In addition, growing awareness regarding environmental protection is anticipated to propel product demand in this region.
Asia Pacific emerged as a prominent consumer of epoxidized linseed oil with China accounting for more than 80% of total exports in 2017. Increasing disposable income coupled with rising spending on housing infrastructure is likely to augment industry growth over the coming years due to shifting production bases from developed regions such as North America and Europe towards emerging economies including India, China & Brazil among others (EUB).
Growth Factors:
- Increasing demand for bio-based products as a substitute to conventional petrochemical products
- Rising awareness about the benefits of using epoxidized linseed oil in various end-use applications
- Growing demand from the construction and automotive industries
- Technological advancements that have led to the development of new and improved epoxidized linseed oil products
- Stringent environmental regulations encouraging the use of bio-based materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxidized Linseed Oil Market Research Report
By Type
Strong Acid Catalysis, Ring Opening Polymerization
By Application
Medical Field, Food Sector, Industrial Sector
By Companies
Arkema, Hallstar, Valtris Specialty Chemical, Hubei Xinkang Pharmaceutical 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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Epoxidized Linseed Oil Market Report Segments:
The global Epoxidized Linseed Oil market is segmented on the basis of:
Types
Strong Acid Catalysis, Ring Opening Polymerization
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
Medical Field, Food Sector, Industrial Sector
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
- Hallstar
- Valtris Specialty Chemical
- Hubei Xinkang Pharmaceutical Chemical
Highlights of The Epoxidized Linseed Oil 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:
- Strong Acid Catalysis
- Ring Opening Polymerization
- By Application:
- Medical Field
- Food Sector
- Industrial Sector
- 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 Linseed Oil 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 linseed oil is a type of vegetable oil that has been treated with epoxy resin. This treatment makes the oil more resistant to oxidative damage, which can cause it to last longer and resist rancidity.
Some of the key players operating in the epoxidized linseed oil market are Arkema, Hallstar, Valtris Specialty Chemical, Hubei Xinkang Pharmaceutical Chemical.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Epoxidized Linseed Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Epoxidized Linseed Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Epoxidized Linseed Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Epoxidized Linseed Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Epoxidized Linseed Oil Market Size & Forecast, 2020-2028
4.5.1 Epoxidized Linseed Oil Market Size and Y-o-Y Growth
4.5.2 Epoxidized Linseed Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Strong Acid Catalysis
5.2.2 Ring Opening Polymerization
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical Field
6.2.2 Food Sector
6.2.3 Industrial Sector
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Epoxidized Linseed Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Epoxidized Linseed Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Strong Acid Catalysis
9.6.2 Ring Opening Polymerization
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical Field
9.10.2 Food Sector
9.10.3 Industrial Sector
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Strong Acid Catalysis
10.6.2 Ring Opening Polymerization
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical Field
10.10.2 Food Sector
10.10.3 Industrial Sector
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Strong Acid Catalysis
11.6.2 Ring Opening Polymerization
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical Field
11.10.2 Food Sector
11.10.3 Industrial Sector
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Strong Acid Catalysis
12.6.2 Ring Opening Polymerization
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical Field
12.10.2 Food Sector
12.10.3 Industrial Sector
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Strong Acid Catalysis
13.6.2 Ring Opening Polymerization
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical Field
13.10.2 Food Sector
13.10.3 Industrial Sector
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Epoxidized Linseed Oil Market: Competitive Dashboard
14.2 Global Epoxidized Linseed Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 Hallstar
14.3.3 Valtris Specialty Chemical
14.3.4 Hubei Xinkang Pharmaceutical Chemical
