The oxidation of soybean and unsaturated oils
with hydrogen peroxide the resulted compound obtained is epoxidized soybean oil also called as ESBO. It is a non-toxic and yellow color liquid. The epoxidation of vegetable oil is receiving a great interest from industries. There are many uses of ESBO inside and outside industries. In industries it is largely used as a plasticizer and stabilizer for PVC. The global epoxidized soybean market
is classified on the basis of end-user, application and others. The market by end-user has been further segmented into food & beverage, adhesives and sealants, healthcare & pharmaceuticals and others. Food and beverage has accumulated most of the market share as of 2015. On the basis of application epoxidized soybean oil has been segmented into plasticizer, pigment dispersive agent, fuel additive, UV cure and others. Plasticizer segment has dominated the market followed by UV curing which is estimated to rise significantly during 2016 to 2020.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. Americas is the largest market revenue holder with more one-third of the global market share in its control. The report also includes Europe, APAC and RoW. Market size and forecast is provided for each of these regions. A thorough qualitative analysis of the aspects responsible for driving and preventing growth of the epoxidized soybean oil market and upcoming opportunities are delivered in the report. The major contributors in this industry include:
Other companies which have considerable brand image are:
- Arkema SA (France)
- DOW Chemical Company (U.S.)
- Galata Chemicals (U.S.)
- Guangzhou Xinjinlong Chemical Additives Co., Ltd. (China)
- The Chemical Company (U.S.).
- Shandong Longkou Longda Chemical Industry Co., Ltd (China)
- Hairma Chemical (GZ) Ltd. (China)
- CHS Inc. (U.S.)
- Ferro Corporation (U.S.)
- Makwell Plasticizers Pvt. Ltd. (India)