Dec 11, 2018   SOURCE: BusinessWire

Global Sebacic Acid Markets, 2018-2022; with Arkema, Hengshui Jinghua Chemical, Thermo Fisher Scientific, Wilmar International, Sebacic India, and Hokoku - ResearchAndMarkets.com

The "Global Sebacic Acid Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global sebacic acid market is expected to grow at a CAGR of 6.78% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the alternative production processes for sebacic acid. Sebacic acid are mainly manufactured by castor seed oil and also by electrooxidation of adipic acid and oxy- carbonylation of butadiene.

According to the report, one of the major drivers for this market is the increasing demand for sebacic acid in the automobile industry. The increase in automobile vehicle production globally is expected to lead to high demand for sebacic acid market.

Further, the report states that one of the major factors hindering the growth of this market is the high raw material costs. The rise in cost of castor oil due to changing climatic changes is expected to impede the growth of the sebacic acid market.

Market Trends

  • Increasing Demand for EVs
  • Alternative Production Processes for Sebacic Acid
  • Increasing Sebacic Acid Production in the Middle East

Key Vendors

  • Arkema
  • Hengshui Jinghua Chemical
  • Thermo Fisher Scientific
  • Wilmar International
  • Sebacic India
  • HOKOKU

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/t5rdb2/global_sebacic?w=4