Market Overview:
The global polymerized vegetable oils market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The food and beverage application segment is expected to account for the majority share of the global polymerized vegetable oils market by 2030. Asia Pacific is expected to be the fastest growing region in terms of revenue growth, followed by Europe over the forecast period. Some of the key factors driving growth of the global polymerized vegetable oils market include rising demand for bio-based products as substitutes for conventional petrochemical-based products, increasing awareness about benefits associated with use of bio-based products, and stringent regulations on use of synthetic additives in food industry across various countries. In addition, growing demand from end-use industries such as paints & coatings, printing ink, metallurgy etc., is also anticipated to fuel growth of this market over next few years.
Product Definition:
Polymerized vegetable oils are a type of vegetable oil that has been chemically altered to increase its stability. This makes it less likely to spoil or go rancid, and increases its shelf life. Polymerized vegetable oils are also more resistant to heat and oxidation, which makes them a good choice for cooking.
Soybean:
Soybean is a major constituent of the soy-based polymerized vegetable oils. It has been used in numerous applications such as soaps, lubricants, cosmetics and food products. Soybean oil contains fatty acid chains with long carbon chain length which acts as an emulsifier for its application in polymers. The product also helps to improve the stability of polymers thus enhancing their performance properties.
Linseed:
Linseed is a plant seed and the oil that is obtained from it is called linseed oil. The seeds contain high levels of essential fatty acids, which are required for healthy skin, hair, and nails. Linseed oil also contains proteins and other nutrients that help in repairing damaged cells in the body.
Application Insights:
The food and beverage segment led the global market in 2017. The application of polymerized vegetable oils in food and beverages is gaining significant traction owing to its health benefits, including reducing the level of bad cholesterol, lowering blood pressure levels, enhancing metabolism rate among others. Rising awareness regarding a healthy diet coupled with growing demand for energy drinks is expected to drive growth over the forecast period.
Polymerized vegetable oil-based paints and coatings are used for exterior as well as interior applications in construction activities such as wall painting, roofing & siding coating on account of their high durability and resistance towards moisture damage. They also offer heat resistance up to 300°C along with excellent lubrication properties which makes them ideal for metal surfaces when exposed to high temperatures during welding or baking processes. These factors are anticipated to fuel product demand over the coming years especially within building & construction industry segments across various regions globally including North America, Europe, Asia Pacific etcetera.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global demand owing to high product consumption in printing ink, food and beverage, paints and coatings as well as plastics applications. Increasing population coupled with rising disposable income levels has resulted in a surge in consumer spending on household essentials such as food, which will further drive product demand.
North America emerged as the second-largest regional market due to growing awareness regarding benefits of polymerized oils coupled with increasing R&D activities by key players for commercialization of new products is anticipated to fuel growth over the next eight years. Europe also held a significant share owing to high consumption of polymers from rapeseed oil globally leading manufacturers including Unilever Plc., Procter & Gamble Co., Colgate-Palmolive Co.
Growth Factors:
- Increasing demand for bio-based products: The Polymerized Vegetable Oils market is driven by the increasing demand for bio-based products. Bio-based products are derived from renewable resources and are environmentally friendly. This is driving the growth of the Polymerized Vegetable Oils market.
- Rising awareness about health benefits of bio-products: There is a growing awareness about the health benefits of using bio-products such as Polymerized Vegetable Oils. This is driving the growth of the Polymerized Vegetable Oils market.
- Growing demand from end users: The Polymerized Vegetable Oils market is witnessing a rising demand from end users such as food and beverage manufacturers, cosmetics manufacturers, and others. This is fuelling the growth of the Polymerized Vegetable oils market globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Polymerized Vegetable Oils Market Research Report
By Type
Soybean, Linseed, Castor, Rapeseed, Others
By Application
Food and Beverage, Paint and Coatings, Printing, Metallurgy
By Companies
Cargill, Archer Daniels Midland Company, Alpolac, Croda International, Vertellus Holdings, OLEON, ADAM Group, AAK
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Polymerized Vegetable Oils Market Report Segments:
The global Polymerized Vegetable Oils market is segmented on the basis of:
Types
Soybean, Linseed, Castor, Rapeseed, Others
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
Food and Beverage, Paint and Coatings, Printing, Metallurgy
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:
- Cargill
- Archer Daniels Midland Company
- Alpolac
- Croda International
- Vertellus Holdings
- OLEON
- ADAM Group
- AAK
Highlights of The Polymerized Vegetable Oils 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:
- Soybean
- Linseed
- Castor
- Rapeseed
- Others
- By Application:
- Food and Beverage
- Paint and Coatings
- Printing
- Metallurgy
- 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 Polymerized Vegetable Oils 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
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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?
Polymerized vegetable oils are a type of oil that is made from a blend of different types of oil. This blend can include both saturated and unsaturated fats.
Some of the major companies in the polymerized vegetable oils market are Cargill, Archer Daniels Midland Company, Alpolac, Croda International, Vertellus Holdings, OLEON, ADAM Group, AAK.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polymerized Vegetable Oils 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 Polymerized Vegetable Oils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polymerized Vegetable Oils 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 Polymerized Vegetable Oils 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 Polymerized Vegetable Oils Market Size & Forecast, 2020-2028
4.5.1 Polymerized Vegetable Oils Market Size and Y-o-Y Growth
4.5.2 Polymerized Vegetable Oils 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 Soybean
5.2.2 Linseed
5.2.3 Castor
5.2.4 Rapeseed
5.2.5 Others
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 Food and Beverage
6.2.2 Paint and Coatings
6.2.3 Printing
6.2.4 Metallurgy
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polymerized Vegetable Oils 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 Polymerized Vegetable Oils 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 Soybean
9.6.2 Linseed
9.6.3 Castor
9.6.4 Rapeseed
9.6.5 Others
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 Food and Beverage
9.10.2 Paint and Coatings
9.10.3 Printing
9.10.4 Metallurgy
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 Soybean
10.6.2 Linseed
10.6.3 Castor
10.6.4 Rapeseed
10.6.5 Others
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 Food and Beverage
10.10.2 Paint and Coatings
10.10.3 Printing
10.10.4 Metallurgy
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 Soybean
11.6.2 Linseed
11.6.3 Castor
11.6.4 Rapeseed
11.6.5 Others
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 Food and Beverage
11.10.2 Paint and Coatings
11.10.3 Printing
11.10.4 Metallurgy
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 Soybean
12.6.2 Linseed
12.6.3 Castor
12.6.4 Rapeseed
12.6.5 Others
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 Food and Beverage
12.10.2 Paint and Coatings
12.10.3 Printing
12.10.4 Metallurgy
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 Soybean
13.6.2 Linseed
13.6.3 Castor
13.6.4 Rapeseed
13.6.5 Others
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 Food and Beverage
13.10.2 Paint and Coatings
13.10.3 Printing
13.10.4 Metallurgy
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 Polymerized Vegetable Oils Market: Competitive Dashboard
14.2 Global Polymerized Vegetable Oils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Archer Daniels Midland Company
14.3.3 Alpolac
14.3.4 Croda International
14.3.5 Vertellus Holdings
14.3.6 OLEON
14.3.7 ADAM Group
14.3.8 AAK
