The global soy based chemicals market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for soybean oil derivatives and natural extracts from soybean in various applications such as biodiesel, bio plastics, cosmetics, paints & coatings. Soybean oil derivatives are used in biodiesel production due to their high content of oleic acid which helps in reducing emissions and improving engine performance. Natural extracts from soybeans are used as an ingredient in cosmetics due to their antioxidant properties which help protect skin cells against free radicals and other environmental stressors that can cause premature aging or skin cancer. Refined industrial soybean oil is used as a raw material for paints & coatings due to its low cost and availability on a large scale globally.
Global Soy Based Chemicals Market By Type (Soybean Oil Derivatives, Natural Extracts From Soybean, Refined Industrial Soybean Oil), By Application (Biodiesel, Bio Plastics, Cosmetics, Paints & Coatings) And By Region (North America, Latin America Europe Asia Pacific And Middle East Africa) Forecast From 2021 To 2030.
Some Of The Growth Factors Of This Market:
- The soybean is a major crop in the United States and China, which are the world's two largest producers of soybeans.
- Soybeans are used to produce soybean oil, which is used in cooking and frying food products.
- Soybeans are also used to produce soy protein, which is a popular ingredient in many vegetarian foods such as tofu and tempeh.
- The global population has been increasing steadily over the past few decades, leading to an increased demand for food products that contain soy ingredients such as tofu and tempeh.
- As people become more aware of their health through dieting or other means, they may choose to eat more vegetarian foods that contain ingredients like tofu or tempeh.
Industry Growth Insights published a new data on “Soy Based Chemicals Market”. The research report is titled “Soy Based Chemicals Market research by Types (Soybean Oil Derivatives, Natural Extracts From Soybean, Refined Industrial Soybean Oil, Others), By Applications (Biodiesel, Bio Plastics, Cosmetics, Paints & Coatings, Other), By Players/Companies Ag Environmental, The Dow Chemical, Cargill, Archer Daniels Midland, Columbus Foods, Bunge, Eco Safety Products, Elevance Renewable Sciences, Vertec BioSolvents”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Soy Based Chemicals Market Research Report
By Type
Soybean Oil Derivatives, Natural Extracts From Soybean, Refined Industrial Soybean Oil, Others
By Application
Biodiesel, Bio Plastics, Cosmetics, Paints & Coatings, Other
By Companies
Ag Environmental, The Dow Chemical, Cargill, Archer Daniels Midland, Columbus Foods, Bunge, Eco Safety Products, Elevance Renewable Sciences, Vertec BioSolvents
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Soy Based Chemicals Market Report Segments:
The global Soy Based Chemicals market is segmented on the basis of:
Types
Soybean Oil Derivatives, Natural Extracts From Soybean, Refined Industrial Soybean Oil, 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
Biodiesel, Bio Plastics, Cosmetics, Paints & Coatings, 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:
- Ag Environmental
- The Dow Chemical
- Cargill
- Archer Daniels Midland
- Columbus Foods
- Bunge
- Eco Safety Products
- Elevance Renewable Sciences
- Vertec BioSolvents
Highlights of The Soy Based Chemicals 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 Oil Derivatives
- Natural Extracts From Soybean
- Refined Industrial Soybean Oil
- Others
- By Application:
- Biodiesel
- Bio Plastics
- Cosmetics
- Paints & Coatings
- 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 Soy Based Chemicals 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?
Soy-based chemicals are those that are made from soybeans. These chemicals can be used in a variety of products, including plastics and paints.
Some of the major players in the soy based chemicals market are Ag Environmental, The Dow Chemical, Cargill, Archer Daniels Midland, Columbus Foods, Bunge, Eco Safety Products, Elevance Renewable Sciences, Vertec BioSolvents.
The soy based chemicals market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soy Based Chemicals 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. Soy Based Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Soy Based Chemicals Market - Supply Chain
4.5. Global Soy Based Chemicals Market Forecast
4.5.1. Soy Based Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Soy Based Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Soy Based Chemicals Market Absolute $ Opportunity
5. Global Soy Based Chemicals 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. Soy Based Chemicals Market Size and Volume Forecast by Type
5.3.1. Soybean Oil Derivatives
5.3.2. Natural Extracts From Soybean
5.3.3. Refined Industrial Soybean Oil
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Soy Based Chemicals 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. Soy Based Chemicals Market Size and Volume Forecast by Application
6.3.1. Biodiesel
6.3.2. Bio Plastics
6.3.3. Cosmetics
6.3.4. Paints & Coatings
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Soy Based Chemicals 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. Soy Based Chemicals 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 Soy Based Chemicals 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. Soy Based Chemicals 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 Soy Based Chemicals Demand Share Forecast, 2019-2029
9. North America Soy Based Chemicals 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 Soy Based Chemicals 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 Soy Based Chemicals Market Size and Volume Forecast by Application
9.4.1. Biodiesel
9.4.2. Bio Plastics
9.4.3. Cosmetics
9.4.4. Paints & Coatings
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Soy Based Chemicals Market Size and Volume Forecast by Type
9.7.1. Soybean Oil Derivatives
9.7.2. Natural Extracts From Soybean
9.7.3. Refined Industrial Soybean Oil
9.7.4. Others
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 Soy Based Chemicals Demand Share Forecast, 2019-2029
10. Latin America Soy Based Chemicals 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 Soy Based Chemicals 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 Soy Based Chemicals Market Size and Volume Forecast by Application
10.4.1. Biodiesel
10.4.2. Bio Plastics
10.4.3. Cosmetics
10.4.4. Paints & Coatings
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Soy Based Chemicals Market Size and Volume Forecast by Type
10.7.1. Soybean Oil Derivatives
10.7.2. Natural Extracts From Soybean
10.7.3. Refined Industrial Soybean Oil
10.7.4. Others
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 Soy Based Chemicals Demand Share Forecast, 2019-2029
11. Europe Soy Based Chemicals 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 Soy Based Chemicals 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 Soy Based Chemicals Market Size and Volume Forecast by Application
11.4.1. Biodiesel
11.4.2. Bio Plastics
11.4.3. Cosmetics
11.4.4. Paints & Coatings
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Soy Based Chemicals Market Size and Volume Forecast by Type
11.7.1. Soybean Oil Derivatives
11.7.2. Natural Extracts From Soybean
11.7.3. Refined Industrial Soybean Oil
11.7.4. Others
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 Soy Based Chemicals Demand Share, 2019-2029
12. Asia Pacific Soy Based Chemicals 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 Soy Based Chemicals 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 Soy Based Chemicals Market Size and Volume Forecast by Application
12.4.1. Biodiesel
12.4.2. Bio Plastics
12.4.3. Cosmetics
12.4.4. Paints & Coatings
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Soy Based Chemicals Market Size and Volume Forecast by Type
12.7.1. Soybean Oil Derivatives
12.7.2. Natural Extracts From Soybean
12.7.3. Refined Industrial Soybean Oil
12.7.4. Others
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 Soy Based Chemicals Demand Share, 2019-2029
13. Middle East & Africa Soy Based Chemicals 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 Soy Based Chemicals 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 Soy Based Chemicals Market Size and Volume Forecast by Application
13.4.1. Biodiesel
13.4.2. Bio Plastics
13.4.3. Cosmetics
13.4.4. Paints & Coatings
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Soy Based Chemicals Market Size and Volume Forecast by Type
13.7.1. Soybean Oil Derivatives
13.7.2. Natural Extracts From Soybean
13.7.3. Refined Industrial Soybean Oil
13.7.4. Others
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 Soy Based Chemicals Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Soy Based Chemicals Market: Market Share Analysis
14.2. Soy Based Chemicals Distributors and Customers
14.3. Soy Based Chemicals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ag Environmental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. The Dow Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cargill
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Archer Daniels Midland
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Columbus Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bunge
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eco Safety Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Elevance Renewable Sciences
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vertec BioSolvents
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
