Erucic Acid Market Analysis

  • Report ID: 5683
  • Published Date: Feb 20, 2024
  • Report Format: PDF, PPT

Erucic Acid Market Analysis

End Use (Plastic, Printing Ink, Food, Personal Care, Rubber, Pharmaceutical)

In terms of end users, the plastic segment in the erucic acid market is anticipated to hold the largest revenue share of 35% by the end of 2036. Erucic acid may be a long-chain greasy acid with a tall atomic weight which makes it an alluring plasticizer since it can improve the mechanical properties of plastics. Erucic acid could be a less hurtful elective to other plasticizers since it is both biodegradable and moderately non-toxic. Increasing demand for plastics is predicted to drive the growth of this segment in the forecast period. The plastic demand is set to proceed to develop for the predictable future, with generation set to reach 589 million metric tons in 2050. 

Source (Rapeseed Oil, Canola, Tame Mustard, Fish)

Based on the source, the rapeseed oil segment in the erucic acid market is set to hold the largest revenue share during the projected period. Rapeseed oil, a commonly developed oilseed trim, is the most common source of erucic acid. There are several reasons why the hone of getting erucic acid from rapeseed oil is likely to proceed. To begin with, erucic acid may be found in rapeseed oil, which is reasonable and broadly open. Moment, utilizing rapeseed oil as a source of erucic acid fits with the developing need for organic and sustainable goods. Rapeseed oil may be a renewable asset that will be developed utilizing ecologically inviting cultivating strategies. Besides, it contains a little carbon impression than a few other oilseed crops, such as palm oil. 

Our in-depth analysis of the global erucic acid market includes the following segments:

          Grade

  • Erucic Acid 43 -50%
  •  Erucic Acid Less than 50%

          Application

  • Slip Agent
  • Emollient
  • Hair Care and Textile Softening
  • Pour Point Depressant
  •  Lubricant
  • Food Emulsifier

          Source

  • Rapeseed Oil
  • Canola
  • Tame Mustard
  • Fish

          End Use

  • Plastic
  • Printing Ink
  • Food
  • Personal Care
  • Rubber
  • Pharmaceutical
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 5683
  • Published Date: Feb 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand in numerous sectors and the high demand in the production of PVC are some of the major factors anticipated to drive the growth of the erucic acid market.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2024-2036.

The major players in the market are Acme Soap Works, Godrej Industries Limited, Wilmar International Limited, Naturescrops International, Vantage Performance Materials, and others.

The plastic segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in Europe is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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