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市場調查報告書
商品編碼
1379915

環氧豆油市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會和預測，按原料、最終用戶、地區和競爭細分

Epoxidized Soybean Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Raw Material, By End User, By Region and Competition
出版日期: | 出版商: TechSci Research | 英文 174 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2022 年全球環氧大豆油市場價值為 4.2852 億美元，預計在預測期內將強勁成長，到 2028 年複合CAGR為5.19%。環氧大豆油是一種源自大豆油環氧化過程的多功能化合物，產生有機化合物的混合物。該過程涉及使用過氧化氫和乙酸或甲酸將大豆油中的雙鍵轉化為環氧基。所得的環氧化大豆油表現出無毒特性並具有增強的化學反應性。

環氧化大豆油在室內外各產業都有廣泛的應用。由於其環保性質，它主要用作聚氯乙烯（PVC）的綠色塑化劑。油中存在的反應性環氧基使其在單體結構和聚合物製備領域具有很高的價值。此外，其無毒特性使其成為穩定 PVC 的有吸引力的選擇，使其在 PVC 穩定工藝中越來越受歡迎。

環氧化大豆油的顯著特徵之一是它能夠透過延遲多烯的形成和減緩鹽酸的去除來改變鍊式反應。通常，植物油（如大豆油）會透過與油中存在的雙鍵以及透過過氧化氫與甲酸或乙酸反應就地形成的過氧酸（通常是過氧甲酸或過氧乙酸）發生環氧化。在此過程中，無機酸充當催化劑。

市場概況
預測期 2024-2028
2022 年市場規模 42852萬美元
2028 年市場規模 5.7477億美元
2023-2028 年CAGR 5.19%
成長最快的細分市場 食品與飲料
最大的市場 亞太地區

全球環氧豆油市場主要是由生物基塑化劑需求不斷成長推動的，特別是在加工食品和飲料行業。食品和飲料行業對鄰苯二甲酸酯塑化劑的限制進一步促進了市場的成長。環氧化大豆油具有成本效益，並具有出色的熱通用性和穩定性，使其成為各行業的首選。此外，政府對非鄰苯二甲酸酯塑化劑使用的嚴格法規推動了環氧化豆油市場的成長。它符合 FDA、REACH 和 EU 制定的監管標準，使其成為環保生物塑化劑，進一步支持其市場需求。值得注意的是，該產品還可以用作 PVC 的共塑化劑，以及顏料分散體、油墨和農業化學品的酸捕收劑，從而推動其全球市場的成長。

主要市場促進因素

食品包裝中環氧大豆油的需求不斷成長

環氧化大豆油 (ESBO) 是一種多功能化合物，廣泛用作聚氯乙烯 (PVC) 塑膠中的塑化劑和穩定劑，廣泛用於各種食品包裝應用。透過增強 PVC 的柔韌性、彈性和整體性能，ESBO 已被證明是創建耐用、高品質包裝解決方案的理想組件

值得注意的是，ESBO 作為傳統石油基塑化劑的生物基替代品脫穎而出，完全符合消費者對永續包裝選擇不斷成長的需求。隨著更健康、更天然食品的趨勢不斷發展，消費者擴大尋求採用反映這些價值觀的材料包裝的產品。因此，對 ESBO 等生物基無毒包裝材料的需求顯著激增。

此外，全球監管機構一直支持 ESBO 在食品包裝中的使用。歐洲食品安全局（EFSA）和美國食品藥物管理局（FDA）等權威機構特別批准ESBO作為食品接觸材料的塑化劑，進一步鞏固了其可信度和安全性。

食品包裝中對 ESBO 的需求不斷成長，對 ESBO 市場產生了重大影響，為製造商創造了新的機會，並促進了對生產能力的投資增加。此外，隨著消費者對生物基包裝優勢的認知不斷增強，預計ESBO的需求在可預見的未來將持續成長。預計這一趨勢將推動 ESBO 市場的大幅擴張，開啟新的途徑和可能性。

總之，食品包裝領域對環氧大豆油的需求不斷成長，是全球 ESBO 市場的基本催化劑。隨著消費者積極尋求更健康、更永續的選擇，以及監管機構認可 ESBO 的使用，市場有望在未來幾年實現顯著成長和繁榮。

醫療保健產業對環氧大豆油的需求不斷成長

環氧化大豆油(ESBO) 擴大被用作聚氯乙烯(PVC) 製成的醫療器材中的塑化劑和穩定劑，聚氯乙烯(PVC) 是一種廣泛應用於醫療保健領域的多功能材料。 ESBO 的添加增強了 PVC 製品的靈活性、強度、耐用性和整體性能，例如血袋、靜脈注射 (IV) 管和醫用手套。

ESBO 的顯著優勢之一是其生物基性質，使其成為傳統石油基塑化劑的環保替代品。隨著醫療領域對永續材料的需求不斷成長，ESBO 成為一種引人注目的解決方案，與業界向環保實踐的轉變一致。

隨著消費者健康意識的不斷提高，醫療器材對無毒和生物基材料的需求不斷增加。 ESBO 作為一種非鄰苯二甲酸酯塑化劑，完美契合了這一趨勢，有助於其日益普及和採用。

此外，包括美國食品藥物管理局 (FDA) 在內的監管機構批准 ESBO 在某些食品接觸材料中的使用，為其在醫療保健領域的應用提供了可信度。此次批准在推動 ESBO 市場成長方面發揮關鍵作用，為製造商投資其生產設施提供了保證和動力。

醫療保健產業對 ESBO 的需求不斷成長，對其市場產生了積極影響，為製造商創造了新的機會，並促使增加對生產設施的投資。此外，隨著人們對生物基材料優勢的認知不斷增強，對 ESBO 的需求預計將進一步上升，推動未來幾年 ESBO 市場的大幅成長。

總之，醫療保健產業對環氧大豆油的需求不斷成長是全球 ESBO 市場的關鍵驅動力。隨著消費者和監管機構認知到生物基材料的好處以及醫療保健產業接受永續替代品，ESBO 市場有望實現顯著擴張和長期成長。

主要市場挑戰

原料供應不足

顧名思義，環氧大豆油（ESBO）源自大豆，特別是從大豆中提取的油。因此，ESBO 市場嚴重依賴大豆生產，而大豆生產可能受到天氣條件、蟲害和耕作方式等多種因素的影響。例如，乾旱或洪水等極端天氣事件可能會嚴重影響大豆作物，導致產量波動，並可能影響 ESBO 生產原料的可用性。

大豆生產集中在世界某些地區，主要是美國、巴西和阿根廷。這種地理集中可能導致供應鏈脆弱性。例如，如果這些地區出現惡劣天氣條件或政治不穩定，可能會擾亂大豆供應，可能導致短缺並影響 ESBO 市場。此外，從這些地區進口大豆到世界其他地區的運輸和物流也可能帶來挑戰並帶來潛在的延誤。

此外，受多種因素影響，大豆價格也會出現波動。國內和全球需求的變化都會影響大豆的價格。農作物產量的變化可能受到天氣條件和蟲害爆發等因素的影響，也會影響價格。此外，全球貿易政策的變化和各國之間的貿易緊張局勢可能會為大豆市場帶來進一步的不確定性。這種價格波動直接影響 ESBO 的生產成本，使製造商難以維持其產品穩定的價格，並可能影響 ESBO 市場的整體競爭力。

考慮到這些不同的因素，ESBO產業需要密切監控大豆產量、全球貿易動態和市場狀況，以應對潛在的挑戰，確保ESBO生產原料的穩定供應以及產品價格的穩定。

主要市場趨勢

對永續和生物基產品的需求不斷成長

源自大豆的環氧大豆油 (ESBO) 越來越被認為是一種生物基產品，可作為傳統石油基塑化劑的環保替代品。它作為塑化劑和穩定劑在各種應用中發揮關鍵作用，包括汽車、黏合劑，尤其是 PVC 塑膠。

隨著世界面臨緊迫的環境問題，對永續解決方案的需求不斷增加。 ESBO 作為一種生物基化合物，完全符合這一全球趨勢，提高了其受歡迎程度並推動了市場需求。隨著世界轉向更永續的未來，生物基產品已從小眾偏好轉變為主流需求。對這些環保替代品的需求激增是由有意識的消費者偏好和監管支持所推動的。

消費者擴大尋求環保且無毒的替代品，導致各行業採用 ESBO 等生物基產品。這種轉變是由減少生態足跡和採用永續實踐的願望所推動的。同時，世界各地的監管機構正在積極推廣永續材料的使用，進一步推動 ESBO 市場的發展。消費者的共同推動和監管支持正在為 ESBO 和其他生物基產品的成長創造有利的環境。

總之，對永續和生物基產品不斷成長的需求是塑造全球 ESBO 市場的關鍵趨勢。隨著消費者和產業不斷尋求環保替代品，以及生物基材料研發的進步，ESBO 市場有望實現顯著成長和創新。

細分市場洞察

原料洞察

根據原料類別，到 2022 年，豆油領域將成為全球環氧豆油市場的主導者。大豆的成長可歸因於多種因素。一個重要因素是大豆油的使用量不斷增加，特別是在環氧化大豆油的生產中。這種多功能油主要是使用過氧化氫或乙酸氧化大豆油來製備的。由此產生的環氧化大豆油因其優異的穩定性和性能而廣泛應用於塑膠、黏合劑和塗料等行業。對這些產品不斷成長的需求促進了大豆市場的整體擴張。

最終使用者見解

預計其他部門在預測期內將經歷快速成長。多種因素促進了多個行業塑化劑的成長。這些多功能化學品擴大用於油漆、橡膠產品、黏合劑和密封劑、印刷油墨等。塑化劑，特別是鄰苯二甲酸酯，是透明、無味的化合物，在增強聚合物（特別是聚氯乙烯 (PVC)）的彈性方面發揮著至關重要的作用。透過賦予 PVC 柔韌性，塑化劑促進了其在各個領域的多樣化應用。

區域洞察

2022年，亞太地區成為全球環氧豆油市場的主導者，以價值計算，佔據最大的市場佔有率。亞太地區包括中國、日本和韓國等國家，已成為各種產品的著名製造中心，涵蓋塑膠、化學品、工業材料、電子和紡織品等。憑藉其完善的基礎設施和熟練的勞動力，該地區已成為尋求具有成本效益的生產和高效供應鏈的全球製造商的有吸引力的目的地。

在亞太地區的製造業格局中，中國占主導地位。其強勁的製造業不僅滿足國內需求，也是全球主要的商品出口國。從電子和機械到家具和玩具，中國的製造能力跨越各個行業，對該地區整體製造業產值做出了巨大貢獻。

推動包括中國在內的亞太地區塑化劑消費的關鍵因素是近幾十年來的快速城市化和經濟成長。隨著越來越多的人向城市遷移以及收入水準的提高，對建築材料、汽車和消費品的需求也相應增加。 ESBO 等塑化劑在提高這些產品的性能和耐用性方面發揮著至關重要的作用，使其在該地區不斷擴大的製造領域中不可或缺。

為了應對與某些鄰苯二甲酸酯塑化劑相關的潛在健康和環境危害日益成長的擔憂，一些亞洲國家實施了更嚴格的法規。這促使人們採用 ESBO 等替代塑化劑，它們提供類似的功能，同時被認為更安全、更環保。這種向綠色替代品的轉變反映了該地區對永續發展和負責任的製造實踐的承諾。

總體而言，亞太地區憑藉其充滿活力的製造業和不斷變化的監管環境，仍然是全球供應鏈的關鍵參與者。其多樣化的工業，加上更安全、更永續的塑化劑的採用，使該地區成為國內和國際市場必需品生產的驅動力。

目錄

第 1 章：產品概述

  • 市場定義
  • 市場範圍
    • 涵蓋的市場
    • 研究年份
    • 主要市場區隔

第 2 章：研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章：執行摘要

  • 市場概況
  • 主要市場細分概述
  • 主要市場參與者概述
  • 重點地區/國家概況
  • 市場促進因素、挑戰、趨勢概述

第四章：全球環氧豆油市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依原料分類（豆油、過氧化氫、其他）
    • 按最終用戶（食品和飲料、個人和醫療保健、黏合劑和密封劑、汽車、其他）
    • 按地區
    • 按公司分類 (2022)
  • 市場地圖
    • 按原料分類
    • 按最終用戶
    • 按地區

第 5 章：亞太地區環氧豆油市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按原料分類
    • 按最終用戶
    • 按國家/地區
  • 亞太地區：國家分析
    • 中國環氧大豆油
    • 印度環氧化大豆油
    • 澳洲環氧大豆油
    • 日本環氧大豆油
    • 韓國環氧化大豆油

第 6 章：歐洲環氧豆油市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按原料分類
    • 按最終用戶
    • 按國家/地區
  • 歐洲：國家分析
    • 法國
    • 德國
    • 西班牙
    • 義大利
    • 英國

第 7 章：北美環氧豆油市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按原料分類
    • 按最終用戶
    • 按國家/地區
  • 北美：國家分析
    • 美國
    • 墨西哥
    • 加拿大

第 8 章：南美洲環氧豆油市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按原料分類
    • 按最終用戶
    • 按國家/地區
  • 南美洲：國家分析
    • 巴西
    • 阿根廷
    • 哥倫比亞

第 9 章：中東和非洲環氧豆油市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按原料分類
    • 按最終用戶
    • 按國家/地區
  • MEA：國家分析
    • 南非環氧化大豆油
    • 沙烏地阿拉伯環氧化大豆油
    • 阿拉伯聯合大公國環氧化大豆油
    • 埃及環氧化大豆油

第 10 章：市場動態

  • 促進要素
  • 挑戰

第 11 章：市場趨勢與發展

  • 最近的發展
  • 產品發布
  • 併購

第 12 章：全球環氧豆油市場：SWOT 分析

第 13 章：波特的五力分析

  • 產業競爭
  • 新進入者的潛力
  • 供應商的力量
  • 客戶的力量
  • 替代產品的威脅

第14章：競爭格局

  • CHS公司
    • Business Overview
    • Company Snapshot
    • Products & Services
    • Current Capacity Analysis
    • Financials (In case of listed)
    • Recent Developments
    • SWOT Analysis
  • 阿科瑪公司
  • 陶氏化學公司
  • 加拉塔化學公司
  • 海瑪化學品有限公司
  • 山東龍口龍達化工有限公司
  • 鐵公司
  • InbraIndustriasQuimicas 有限公司
  • 馬克韋爾塑化劑列兵。有限公司
  • 阿德卡公司

第 15 章：策略建議

第 16 章：關於我們與免責聲明

簡介目錄
Product Code: 2757

Global Epoxidized Soybean Oil Market has valued at USD428.52 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.19% through 2028. Epoxidized soybean oil is a versatile compound derived from the epoxidation process of soybean oil, resulting in a mixture of organic compounds. This process involves the conversion of double bonds in soybean oil into epoxy groups using hydrogen peroxide and either acetic or formic acid. The resulting epoxidized soybean oil exhibits non-toxic properties and possesses enhanced chemical reactivity.

Epoxidized soybean oil finds wide-ranging applications in various industries, both indoors and outdoors. It is primarily utilized as a green plasticizer for polyvinyl chloride (PVC), thanks to its environmentally friendly nature. The reactive epoxy groups present in the oil make it highly valuable in both monomer structure and polymer preparation areas. Moreover, its non-toxic characteristics make it an attractive choice for stabilizing PVC, contributing to its growing popularity in the PVC stabilization process.

One of the notable features of epoxidized soybean oil is its ability to modify the chain reaction by delaying polyene formation and slowing down the removal of hydrochloric acid. Typically, vegetable oils like soybean oil undergo epoxidation by reacting with the double bonds present in the oil, along with a peroxy acid (usually peroxy formic or peroxyacetic acid) formed in situ by reacting hydrogen peroxide with formic or acetic acid. In this process, a mineral acid acts as a catalyst.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 428.52 Million
Market Size 2028USD 574.77 Million
CAGR 2023-20285.19%
Fastest Growing SegmentFood & Beverage
Largest MarketAsia Pacific

The Global Epoxidized Soybean Oil Market is primarily driven by the increasing demand for bio-based plasticizers, especially in the processed food and beverage industry. The restrictions on phthalate plasticizers in the food and beverage sector further contribute to the market's growth. Epoxidized soybean oil offers cost-effectiveness and exhibits excellent thermal versatility and stability, making it a preferred choice in various industries. Additionally, stringent government regulations on the use of non-phthalate plasticizers propel the growth of the Epoxidized Soybean Oil Market. Its compliance with regulatory standards set by FDA, REACH, and EU positions it as an environmentally friendly bio-plasticizer, further supporting its market demand. Notably, the product also finds applications as a co-plasticizer for PVC, as well as an acid collector for pigment dispersion, inks, and agricultural chemicals, thereby driving its global market growth.

Despite the numerous advantages of epoxidized soybean oil, certain factors pose challenges and constraints to the market's growth. Excessive usage of epoxidized soybean oil in food and beverage may lead to health risks, affecting organs such as the kidney, liver, testis, or uterus. Strict regulatory policies on procedures also present a restrictive factor for the market. Moreover, the high cost of manufacturing ingredients may hinder market growth. Nevertheless, continuous technological advancements in manufacturing processes, coupled with improving efficiency, create promising opportunities for the market.

Overall, epoxidized soybean oil stands as a valuable compound with diverse applications across industries, driven by its eco-friendly nature, regulatory compliance, and versatility in various processes.

Key Market Drivers

Growing Demand of Epoxidized Soybean Oil in Food Packaging

Epoxidized Soybean Oil (ESBO) is a versatile compound widely utilized as a plasticizer and stabilizer in polyvinyl chloride (PVC) plastics, which are extensively employed in various food packaging applications. By augmenting the flexibility, elasticity, and overall performance of PVC, ESBO proves to be an ideal component for creating durable and high-quality packaging solutions

Notably, ESBO stands out as a bio-based alternative to traditional petroleum-based plasticizers, aligning perfectly with the growing consumer demand for sustainable packaging options. As the trend towards healthier and more natural foods gains momentum, consumers increasingly seek products that are packaged in materials reflecting these values. Consequently, there has been a notable surge in the demand for bio-based and non-toxic packaging materials like ESBO.

Moreover, regulatory bodies across the globe have been supportive of the usage of ESBO in food packaging. Prominent authorities such as the European Food Safety Authority (EFSA) and the US Food and Drug Administration (FDA) have specifically approved the use of ESBO as a plasticizer in food contact materials, further solidifying its credibility and safety.

The escalating demand for ESBO in food packaging has significantly impacted the ESBO market, creating new opportunities for manufacturers and catalyzing increased investment in production capabilities. Furthermore, as consumer awareness regarding the advantages of bio-based packaging continues to grow, the demand for ESBO is expected to witness sustained growth in the foreseeable future. This trend is projected to drive substantial expansion in the ESBO market, unlocking new avenues and possibilities.

In conclusion, the ever-increasing demand for Epoxidized Soybean Oil in the realm of food packaging serves as a fundamental catalyst for the global ESBO market. With consumers actively seeking healthier and more sustainable options, and with regulatory bodies endorsing the use of ESBO, the market is poised for significant growth and prosperity in the coming years.

Growing Demand of Epoxidized Soybean Oil in Healthcare Industry

Epoxidized Soybean Oil (ESBO) is increasingly being utilized as a plasticizer and stabilizer in medical devices made from Polyvinyl Chloride (PVC), a versatile material extensively employed in the healthcare sector. PVC-based products such as blood bags, intravenous (IV) tubes, and medical gloves benefit from the addition of ESBO, which enhances their flexibility, strength, durability, and overall performance.

One of the notable advantages of ESBO is its bio-based nature, making it an eco-friendly alternative to traditional petroleum-based plasticizers. With the growing demand for sustainable materials in the medical sector, ESBO emerges as a compelling solution, aligning with the industry's shift toward environmentally conscious practices.

As health consciousness among consumers continues to rise, there is an increasing demand for non-toxic and bio-based materials in medical devices. ESBO, being a non-phthalate plasticizer, perfectly fits this trend, contributing to its growing popularity and adoption.

Furthermore, the approval of ESBO usage in certain food contact materials by regulatory bodies, including the U.S. Food and Drug Administration (FDA), lends credibility to its application in the healthcare sector. This approval plays a pivotal role in driving the market growth of ESBO, offering manufacturers assurance and impetus to invest in its production facilities.

The burgeoning demand for ESBO in the healthcare industry has had a positive impact on its market, creating new opportunities for manufacturers and prompting increased investments in production facilities. Additionally, as awareness of the benefits of bio-based materials continues to grow, the demand for ESBO is expected to further rise, driving substantial growth in the ESBO market in the coming years.

In conclusion, the escalating demand for Epoxidized Soybean Oil in the healthcare industry serves as a key driver of the global ESBO market. With consumers and regulatory bodies recognizing the benefits of bio-based materials and the healthcare sector embracing sustainable alternatives, the ESBO market is positioned for significant expansion and long-term growth.

Key Market Challenges

Lack in Supply of Raw Materials

As the name suggests, Epoxidized Soybean Oil (ESBO) is derived from soybeans, specifically from the oil extracted from soybeans. Therefore, the ESBO market is heavily dependent on soybean production, which can be influenced by a variety of factors including weather conditions, pest infestations, and farming practices. For example, extreme weather events such as droughts or floods can significantly impact soybean crops, leading to fluctuations in production and potentially affecting the availability of raw materials for ESBO production.

Soybean production is concentrated in certain regions of the world, primarily in the United States, Brazil, and Argentina. This geographic concentration can lead to supply chain vulnerabilities. For instance, if adverse weather conditions or political instability occur in any of these regions, it can disrupt the supply of soybeans, potentially leading to shortages and affecting the ESBO market. Additionally, the transportation and logistics involved in importing soybeans from these regions to other parts of the world can also pose challenges and introduce potential delays.

Moreover, the price of soybeans is subject to volatility due to various factors. Changes in demand, both domestically and globally, can influence the price of soybeans. Variations in crop yield, which can be affected by factors such as weather conditions and pest outbreaks, can also impact prices. Furthermore, shifts in global trade policies and trade tensions between countries can introduce further uncertainties in the soybean market. This price volatility directly affects the cost of producing ESBO, making it challenging for manufacturers to maintain stable pricing for their products and potentially impacting the overall competitiveness of the ESBO market.

Considering these various factors, the ESBO industry needs to closely monitor soybean production, global trade dynamics, and market conditions to navigate through potential challenges and ensure a steady supply of raw materials for ESBO production as well as stable pricing for their products.

Key Market Trends

Growing Demand for Sustainable and Bio-based Products

Epoxidized Soybean Oil (ESBO), derived from soybeans, is increasingly recognized as a bio-based product that serves as an eco-friendly alternative to traditional petroleum-based plasticizers. It plays a pivotal role as a plasticizer and stabilizer in various applications, including automotive, adhesives, and notably in PVC plastics.

With the world grappling with pressing environmental concerns, the demand for sustainable solutions is on the rise. ESBO, being a bio-based compound, aligns perfectly with this global trend, enhancing its popularity and driving demand in the market. As the world shifts towards a more sustainable future, bio-based products have transitioned from being a niche preference to a mainstream demand. The surging demand for these eco-friendly alternatives is driven by both conscious consumer preferences and regulatory support.

Consumers are increasingly seeking out environmentally friendly and non-toxic alternatives, leading industries to adopt bio-based products like ESBO. This shift is fueled by the desire to reduce the ecological footprint and embrace sustainable practices. In parallel, regulatory bodies worldwide are actively promoting the use of sustainable materials, further propelling the ESBO market. This combined push from consumers and regulatory support is creating a favorable environment for the growth of ESBO and other bio-based products.

In conclusion, the growing demand for sustainable and bio-based products is a key trend that is shaping the global ESBO market. As consumers and industries continue to seek out eco-friendly alternatives, and as research and development in bio-based materials advance, the ESBO market is poised for significant growth and innovation.

Segmental Insights

Raw Material Insights

Based on the category of raw material, the soybean oil segment emerged as the dominant player in the global market for Epoxidized Soybean Oil in 2022. The growth of soybean can be attributed to several factors. One significant factor is the increasing use of soybean oil, particularly in the production of epoxidized soybean oil. This versatile oil is mainly prepared through the oxidation of soybean oil using either hydrogen peroxide or acetic acid. The resulting epoxidized soybean oil finds application in a wide range of industries, including plastics, adhesives, and coatings, due to its excellent stability and performance properties. The growing demand for these products has contributed to the overall expansion of the soybean market.

End User Insights

The Others segment is projected to experience rapid growth during the forecast period. Various factors contribute to the growth of plasticizers in multiple industries. These versatile chemicals find increasing use in paints, rubber products, adhesives & sealants, printing inks, and more. Plasticizers, specifically phthalate esters, are transparent and odorless compounds that play a vital role in enhancing the elasticity of polymers, particularly polyvinyl chloride (PVC). By imparting flexibility to PVC, plasticizers facilitate its diverse applications across a wide range of sectors.

Regional Insights

Asia Pacific emerged as the dominant player in the Global Epoxidized Soybean Oil Market in 2022, holding the largest market share in terms of value. The Asia-Pacific region, encompassing countries like China, Japan, and South Korea, has emerged as a prominent manufacturing hub for a diverse range of products, spanning from plastics, chemicals, and industrial materials to electronics and textiles. With its well-established infrastructure and skilled workforce, the region has become an attractive destination for global manufacturers seeking cost-effective production and efficient supply chains.

Within the manufacturing landscape of the Asia-Pacific, China stands out as a dominant player. Its robust manufacturing sector not only caters to domestic demands but also serves as a major exporter of goods worldwide. From electronics and machinery to furniture and toys, China's manufacturing prowess spans across various industries, contributing significantly to the region's overall manufacturing output.

A key factor driving the consumption of plasticizers in the Asia-Pacific region, including China, is the rapid urbanization and economic growth observed in recent decades. As more people migrate to urban areas and income levels rise, there is a corresponding increase in the demand for construction materials, automobiles, and consumer goods. Plasticizers like ESBO play a crucial role in enhancing the performance and durability of these products, making them indispensable in the region's expanding manufacturing landscape.

In response to growing concerns over the potential health and environmental hazards associated with certain phthalate plasticizers, some Asian countries have implemented stricter regulations. This has prompted the adoption of alternative plasticizers like ESBO, which offer comparable functionality while being considered safer and more environmentally friendly. This shift towards greener alternatives reflects the region's commitment to sustainable development and responsible manufacturing practices.

Overall, the Asia-Pacific region, with its dynamic manufacturing sector and evolving regulatory landscape, continues to be a key player in the global supply chain. Its diverse range of industries, coupled with the adoption of safer and more sustainable plasticizers, positions the region as a driving force behind the production of essential goods for both domestic and international markets.

Key Market Players

  • CHS Inc.
  • Arkema SA
  • DOW Chemical Company
  • Galata Chemicals Inc.
  • Hairma Chemicals Ltd.
  • Shandong Longkou Longda Chemical Industry Co., Ltd
  • Ferro Corporation
  • InbraIndustriasQuimicas Ltd.
  • Makwell Plasticizers Pvt. Ltd.
  • Adeka Corporation

Report Scope:

In this report, the Global Epoxidized Soybean Oil Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Epoxidized Soybean Oil Market, By Raw Material:

  • Soybean Oil
  • Hydrogen Peroxide
  • Others

Epoxidized Soybean Oil Market, By End User:

  • Food & Beverage
  • Personal & Healthcare
  • Adhesives & Sealants
  • Automotive
  • Others

Epoxidized Soybean Oil Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey
  • Egypt

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Epoxidized Soybean Oil Market.

Available Customizations:

  • Global Epoxidized Soybean Oil Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Overview of the Market
  • 3.2. Overview of Key Market Segmentations
  • 3.3. Overview of Key Market Players
  • 3.4. Overview of Key Regions/Countries
  • 3.5. Overview of Market Drivers, Challenges, Trends

4. Global Epoxidized Soybean Oil Market Outlook

  • 4.1. Market Size & Forecast
    • 4.1.1. By Value
  • 4.2. Market Share & Forecast
    • 4.2.1. By Raw Material (Soybean Oil, Hydrogen Peroxide, Others)
    • 4.2.2. By End User (Food & Beverage, Personal & Healthcare, Adhesives & Sealants, Automotive, Others)
    • 4.2.3. By Region
    • 4.2.4. By Company (2022)
  • 4.3. Market Map
    • 4.3.1. By Raw Material
    • 4.3.2. By End User
    • 4.3.3. By Region

5. Asia Pacific Epoxidized Soybean Oil Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Raw Material
    • 5.2.2. By End User
    • 5.2.3. By Country
  • 5.3. Asia Pacific: Country Analysis
    • 5.3.1. China Epoxidized Soybean Oil Market Outlook
      • 5.3.1.1. Market Size & Forecast
        • 5.3.1.1.1. By Value
      • 5.3.1.2. Market Share & Forecast
        • 5.3.1.2.1. By Raw Material
        • 5.3.1.2.2. By End User
    • 5.3.2. India Epoxidized Soybean Oil Market Outlook
      • 5.3.2.1. Market Size & Forecast
        • 5.3.2.1.1. By Value
      • 5.3.2.2. Market Share & Forecast
        • 5.3.2.2.1. By Raw Material
        • 5.3.2.2.2. By End User
    • 5.3.3. Australia Epoxidized Soybean Oil Market Outlook
      • 5.3.3.1. Market Size & Forecast
        • 5.3.3.1.1. By Value
      • 5.3.3.2. Market Share & Forecast
        • 5.3.3.2.1. By Raw Material
        • 5.3.3.2.2. By End User
    • 5.3.4. Japan Epoxidized Soybean Oil Market Outlook
      • 5.3.4.1. Market Size & Forecast
        • 5.3.4.1.1. By Value
      • 5.3.4.2. Market Share & Forecast
        • 5.3.4.2.1. By Raw Material
        • 5.3.4.2.2. By End User
    • 5.3.5. South Korea Epoxidized Soybean Oil Market Outlook
      • 5.3.5.1. Market Size & Forecast
        • 5.3.5.1.1. By Value
      • 5.3.5.2. Market Share & Forecast
        • 5.3.5.2.1. By Raw Material
        • 5.3.5.2.2. By End User

6. Europe Epoxidized Soybean Oil Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Raw Material
    • 6.2.2. By End User
    • 6.2.3. By Country
  • 6.3. Europe: Country Analysis
    • 6.3.1. France Epoxidized Soybean Oil Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Raw Material
        • 6.3.1.2.2. By End User
    • 6.3.2. Germany Epoxidized Soybean Oil Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Raw Material
        • 6.3.2.2.2. By End User
    • 6.3.3. Spain Epoxidized Soybean Oil Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Raw Material
        • 6.3.3.2.2. By End User
    • 6.3.4. Italy Epoxidized Soybean Oil Market Outlook
      • 6.3.4.1. Market Size & Forecast
        • 6.3.4.1.1. By Value
      • 6.3.4.2. Market Share & Forecast
        • 6.3.4.2.1. By Raw Material
        • 6.3.4.2.2. By End User
    • 6.3.5. United Kingdom Epoxidized Soybean Oil Market Outlook
      • 6.3.5.1. Market Size & Forecast
        • 6.3.5.1.1. By Value
      • 6.3.5.2. Market Share & Forecast
        • 6.3.5.2.1. By Raw Material
        • 6.3.5.2.2. By End User

7. North America Epoxidized Soybean Oil Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Raw Material
    • 7.2.2. By End User
    • 7.2.3. By Country
  • 7.3. North America: Country Analysis
    • 7.3.1. United States Epoxidized Soybean Oil Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Raw Material
        • 7.3.1.2.2. By End User
    • 7.3.2. Mexico Epoxidized Soybean Oil Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Raw Material
        • 7.3.2.2.2. By End User
    • 7.3.3. Canada Epoxidized Soybean Oil Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Raw Material
        • 7.3.3.2.2. By End User

8. South America Epoxidized Soybean Oil Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Raw Material
    • 8.2.2. By End User
    • 8.2.3. By Country
  • 8.3. South America: Country Analysis
    • 8.3.1. Brazil Epoxidized Soybean Oil Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Raw Material
        • 8.3.1.2.2. By End User
    • 8.3.2. Argentina Epoxidized Soybean Oil Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Raw Material
        • 8.3.2.2.2. By End User
    • 8.3.3. Colombia Epoxidized Soybean Oil Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Raw Material
        • 8.3.3.2.2. By End User

9. Middle East and Africa Epoxidized Soybean Oil Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Raw Material
    • 9.2.2. By End User
    • 9.2.3. By Country
  • 9.3. MEA: Country Analysis
    • 9.3.1. South Africa Epoxidized Soybean Oil Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Raw Material
        • 9.3.1.2.2. By End User
    • 9.3.2. Saudi Arabia Epoxidized Soybean Oil Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Raw Material
        • 9.3.2.2.2. By End User
    • 9.3.3. UAE Epoxidized Soybean Oil Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Raw Material
        • 9.3.3.2.2. By End User
    • 9.3.4. Egypt Epoxidized Soybean Oil Market Outlook
      • 9.3.4.1. Market Size & Forecast
        • 9.3.4.1.1. By Value
      • 9.3.4.2. Market Share & Forecast
        • 9.3.4.2.1. By Raw Material
        • 9.3.4.2.2. By End User

10. Market Dynamics

  • 10.1. Drivers
  • 10.2. Challenges

11. Market Trends & Developments

  • 11.1. Recent Developments
  • 11.2. Product Launches
  • 11.3. Mergers & Acquisitions

12. Global Epoxidized Soybean Oil Market: SWOT Analysis

13. Porter's Five Forces Analysis

  • 13.1. Competition in the Industry
  • 13.2. Potential of New Entrants
  • 13.3. Power of Suppliers
  • 13.4. Power of Customers
  • 13.5. Threat of Substitute Product

14. Competitive Landscape

  • 14.1. CHS Inc.
    • 14.1.1. Business Overview
    • 14.1.2. Company Snapshot
    • 14.1.3. Products & Services
    • 14.1.4. Current Capacity Analysis
    • 14.1.5. Financials (In case of listed)
    • 14.1.6. Recent Developments
    • 14.1.7. SWOT Analysis
  • 14.2. Arkema SA
  • 14.3. DOW Chemical Company
  • 14.4. Galata Chemicals Inc.
  • 14.5. Hairma Chemicals Ltd.
  • 14.6. Shandong Longkou Longda Chemical Industry Co., Ltd
  • 14.7. Ferro Corporation
  • 14.8. InbraIndustriasQuimicas Ltd.
  • 14.9. Makwell Plasticizers Pvt. Ltd.
  • 14.10. Adeka Corporation

15. Strategic Recommendations

16. About Us & Disclaimer