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Sebacic Acid Market Analysis

  • Report ID: GMI294
  • Published Date: Dec 2019
  • Report Format: PDF

Sebacic Acid Market Analysis

Sebacic acid market is bifurcated on the basis of application as plasticizers, lubricants, solvents, adhesives, and chemical intermediates. Plasticizers including dibutyl sebacate, dioctyl sebacate, diethyl sebacate, and sebacic acid dihydrazide are widely used in alkyd resin, polyvinyl chloride, polyamide molding resins, and polyester resin. The product is used for manufacturing dibutyl sebacate which is a bio-based dibutyl ester of the sebacic acid. It is a specialty plasticizer which provides superior low temperature and excellent compatibility characteristics to various polymers./p>

Global plasticizer market size will reach over USD 18,500 million at the end of 2026 owing to increasing polymers and plastics utilization globally. These sebacate plasticizer provides superior low temperature properties in comparison to the phthalate plasticizers. Market demand will be attributed to shift in focus towards production and consumption of bio-based polymers in order to reduce negative environment impact.
 

Sebacic acid market growth will be supported by consumer inclination towards bio lubricant over conventional owing to low CO emission and stringent environmental policies. Lubricants application accounted market size over 120 million in 2018.  Sebacic acid is used as additives for low temperature lubricants at high altitudes. Additionally, investments in automotive industry to develop high-performance fuel-efficient vehicles along with rise in consumer spending will stimulate the product sales.
 

Sebacic Acid Market from Lubricant Application

Global lubricant industry growth will witness significant gains and rise over USD 180 billion at the end of 2026. Sebacic acid due to excellent lubricity, low temperature fluidity, high flash points, and higher thermal stability is widely used for manufacturing lubricants for automotive and aerospace sector. The product is also used as raw material to produce sebacate diesters such as DOS and DBS which in turn used in lubricants or complexed greases.
 

North America is likely to witness a growth rate of over 4% through 2026. Increasing regional market size should be attributed to rising living standards which has led to increasing expenditure on cosmetics. This is accompanied by presence of various multinational corporations engaged in manufacturing premium beauty products in the U.S.
 

Sebacic Acid Market by Region

The product is used as a chemical intermediate for manufacturing esters which are utilized as solvent, emollient, masking agent, film forming agents and hair & skin conditioning agent. In addition, sebacate esters derived from sebacic acid is used for manufacturing color cosmetics and skin care. It offers silky and non-oily skin feel along with good pigment dispersant, SPF booster, and also prevents whitening in antiperspirant.
 

Growing market demand in North America is attributed to increasing utilization of skin care products due to growing personal grooming trends due to growing product utilization for manufacturing color cosmetics and skin care products. Sebacic acid industry demand will be attributed to increasing utilization of beauty products.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

North America will observe a CAGR of over 4% through 2026 owing to rising living standards leading to increased expenditure on cosmetics.

Plasticizer segment will record a valuation of over USD 18,500 million by 2026 on account of increasing application of polymers and plastics across the globe.

Lubricant segment will record a valuation of over USD 180 billion by 2026 due to increasing product demand due to excellent lubricity, low temperature fluidity, high flash points and higher thermal stability.

Bio-based polymers segment will register valuation of over USD 9,900 million by 2026 owing to increased investment in bio-based production of fuels, polymers, lubricants, chemicals, etc.

Sebacic acid market size had surpassed USD 385 million in 2018 and will witness a CAGR of over 5.5% through 2026.

Sebacic Acid Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 16
  • Tables & Figures: 151
  • Countries covered: 20
  • Pages: 170
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