Globally, market for Soy Based Chemicals market is growing tediously due to growing awareness of health and non-renewable sources. As result of rise in health issues related to cholesterol, diabetes and other diseases there is advancement for food and beverages industries. Further, the plastics segment is forecast to display maximum potential for growth driven by growing demand for renewable plastics and polymers .The Soy-Based Chemicals market is expected to grow at a CAGR over XX% in terms of revenue and over XX% in terms of volume over the period of 2016 to 2021.
Soy-Based Chemicals Market can be segmented as follows:
Segmentation by product Type: Soy-oil,
Fatty acids, Polyols, Soy-waxes, Methyl-soyate, Isoflavones
Segmentation by Applications type: ethyl soyate, oleochemicals, surfactants, paints and coatings, printing inks, polyols, thermoset plastics, elastomers, rubber compounds, plasticisers, adhesives and lubricants.
Key Players of Soy-Based Chemicals Market:
Some of the major players in Soy-Based Chemicals Market Ag Environmental Products LLC, Archer Daniels Midland Co., BioBased Technologies LLC, Bunge Limited, Cara Plastics Inc., Cargill Inc., Chemtura Corp., Columbus Foods Co., Dow Chemical Co., Eco Safety Inc., Elevance Renewable Sciences Inc., Ferro Corp., Griffin Industries Inc., Renewable Lubricants Inc., SoyaWax International Inc., Soyaworld Inc., Soy Technologies LLC, Vitasoy International Holdings Limited, Vitasoy USA Inc., and Vertec BioSolvents Inc.
- Globally, the North- America region dominated the market and closely followed by Asia-Pacific.
- Rapid food & beverages and Plastic Polymers industries dominates the market grow at a CAGR over XX%.
- By 2017, Asia-Pacific is expected to account XX% of the Soy-Based Chemicals market
Globally, the Soy-Based Chemicals Market is dominated by North America , however, North America is one of the strategically important markets for the large players in the industry due to it significant potential. The Asia-Pacific Soy-Based Chemicals Market is growing primarily, due to rising consumer demand for environment-friendly products specifically in the paint and coatings and plastic markets is expected to boost long-term prospects Asia-Pacific is expected to surpass in 2015 to become the largest market for Soy-Based Chemicals and expected to grow at CAGR of XX% from $ XX
Million in 2016 to $XX million by 2027. The European market for Soy-Based Chemicals is expected to grow at XX% GAGR (2016-2027).
Polyurethane Foam Market Research Report, By Types (Rigid foam and Flexible foam), By Application (Refrigerators and freezers, Furniture and bedding, Automotive, Coatings and adhesives and others applications) – Forecast To 2022
Know more about this report: https://www.marketresearchfuture.com/reports/polyurethane-foam-market-research-report-global-forecast-to-2022
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