Market Overview:
The global stearoyl benzoyl methane (SBM) market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The SBM-55 segment is projected to account for the highest share in terms of value, in the global SBM market during the forecast period. In terms of volume, Asia Pacific is estimated to be the largest market for SBM during 2018-2030. The growth of the global stearoyl benzoyl methane (SBM) market can be attributed to factors such as increasing demand from end-use industries and rising awareness about benefits offered by SBM products. Additionally, stringent environmental regulations are also driving demand for low VOC emitting products such as SBM across various regions globally. However, volatility in prices of raw materials used in production process may restrain growth of this market over forecast period.
Product Definition:
An organic compound that is used as a food additive to improve the texture and stability of some foods.
SBM-55:
SBM-55 is a member of the class of chemicals known as silylbenzene. It is an industrial chemical used in the production of detergents, surfactants, and other related products. SBM-55 has been under research for its potential use in treating cancer cells since it exhibits strong anti-oxidant properties that can potentially target and damage cancerous cells without harming healthy tissues.
SBM-50:
SBM-50 is a special type of benzene, which has been developed by S.B. Chemicals for their proprietary use in the production of Stearoyl Benzoyl Methane (SBM). It is an organic intermediate used to produce polymers and plastics such as PVC, PE and PP.
Application Insights:
The plasticizers application segment led the global market and accounted for more than 35.0% share of the total revenue in 2017. Plasticizers are used to enhance the flexibility, moldability, and durability of plastics. Stearoyl benzoyl methane is widely utilized as a plasticizer due to its low toxicity and high biodegradability which makes it an ideal choice for eco-friendly applications.
Plasticizers are also used in paints & coatings industry owing to their ability to provide consistency & smoothness on polymer surfaces without affecting paint film strength or dry-film thicknesses significantly. SBM based products have found wide applications across various end-use industries including automotive/transportation, industrial machinery/equipment manufacturing etc.
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 a major share of global production owing to cheap labor, land availability, and low-cost raw materials. China is one of the largest producers as well as consumers of SBM due to easy availability of raw materials in the country.
The demand for SBM from Europe accounted for 23% in 2017 on account rising environmental concerns among consumers about plastic products that are harmful to environment and health. Stringent regulations by European government regarding VOC emissions from manufacturing facilities along with growing awareness about toxic chemicals used during manufacturing has led manufacturers operating within Europe market to shift their focus towards bio-based plastics which are produced using Stearoyl Benzoyl Methane (SBM). This factor is anticipated would have a positive impact on industry growth over next eight years.
Growth Factors:
- Increasing demand for SBM in various end-use industries such as cosmetics, pharmaceuticals, and food additives owing to its properties such as emolliency, lubricity, and solubility.
- Rising awareness about the benefits of SBM among consumers is expected to fuel the market growth over the forecast period.
- Growing inclination of consumers towards natural ingredients in personal care products is projected to boost the demand for SBM during the forecast period.
- Technological advancements in production processes are likely to offer new opportunities for market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stearoyl Benzoyl Methane (SBM) Market Research Report
By Type
SBM-55, SBM-50
By Application
PE, PP, PVC, Other
By Companies
Castor International, Akdeniz Chemson, Dowren New Material (Henan), Sainuo, Suzhou Fosai, Anhui Jiaxian Functional Auxiliary, Lianyungang Xingang 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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Stearoyl Benzoyl Methane (SBM) Market Report Segments:
The global Stearoyl Benzoyl Methane (SBM) market is segmented on the basis of:
Types
SBM-55, SBM-50
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
PE, PP, PVC, Other
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:
- Castor International
- Akdeniz Chemson
- Dowren New Material (Henan)
- Sainuo
- Suzhou Fosai
- Anhui Jiaxian Functional Auxiliary
- Lianyungang Xingang Chemical
Highlights of The Stearoyl Benzoyl Methane (SBM) 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:
- SBM-55
- SBM-50
- By Application:
- PE
- PP
- PVC
- Other
- 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 Stearoyl Benzoyl Methane (SBM) 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?
SBM is a type of saturated fatty acid that is found in animal fats and oils. It has been linked to health problems, including heart disease, obesity, and cancer.
Some of the key players operating in the stearoyl benzoyl methane (sbm) market are Castor International, Akdeniz Chemson, Dowren New Material (Henan), Sainuo, Suzhou Fosai, Anhui Jiaxian Functional Auxiliary, Lianyungang Xingang Chemical.
The stearoyl benzoyl methane (sbm) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stearoyl Benzoyl Methane (SBM) 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 Stearoyl Benzoyl Methane (SBM) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Stearoyl Benzoyl Methane (SBM) 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 Stearoyl Benzoyl Methane (SBM) 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 Stearoyl Benzoyl Methane (SBM) Market Size & Forecast, 2020-2028 4.5.1 Stearoyl Benzoyl Methane (SBM) Market Size and Y-o-Y Growth 4.5.2 Stearoyl Benzoyl Methane (SBM) 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 SBM-55
5.2.2 SBM-50
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 PE
6.2.2 PP
6.2.3 PVC
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stearoyl Benzoyl Methane (SBM) 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 Stearoyl Benzoyl Methane (SBM) 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 SBM-55
9.6.2 SBM-50
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 PE
9.10.2 PP
9.10.3 PVC
9.10.4 Other
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 SBM-55
10.6.2 SBM-50
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 PE
10.10.2 PP
10.10.3 PVC
10.10.4 Other
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 SBM-55
11.6.2 SBM-50
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 PE
11.10.2 PP
11.10.3 PVC
11.10.4 Other
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 SBM-55
12.6.2 SBM-50
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 PE
12.10.2 PP
12.10.3 PVC
12.10.4 Other
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 SBM-55
13.6.2 SBM-50
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 PE
13.10.2 PP
13.10.3 PVC
13.10.4 Other
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 Stearoyl Benzoyl Methane (SBM) Market: Competitive Dashboard
14.2 Global Stearoyl Benzoyl Methane (SBM) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Castor International
14.3.2 Akdeniz Chemson
14.3.3 Dowren New Material (Henan)
14.3.4 Sainuo
14.3.5 Suzhou Fosai
14.3.6 Anhui Jiaxian Functional Auxiliary
14.3.7 Lianyungang Xingang Chemical