Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up at a quick pace, registering a CAGR of almost 8.32% during the tenure of 2021-2027.
The report published by Maximize encompasses the market dynamics which could affect the market growth of the bio-based esters in the region, the Value-Chain Analysis, and Porter’s Analysis for the market at a global level.
Triglycerides are the building blocks of vegetable oils. A triglyceride, sometimes known as a triacylglyceride, is a fatty ester made up of glycerol and three (tri) fatty acids. When it comes to grease manufacturing materials, not all vegetable oils are created equal. Their fatty acid profiles differ significantly, and fatty acid profiles are used to determine the oil’s stability before usage. Because oxidation stability is critical to the longevity of industrial lubricants, it’s crucial to look at their fatty acid profiles and the percentages of several significant fatty acids.
The more stable fatty acid contents of vegetable oils are preferred, although they harm cold temperature flowability. For example, Stearic acid is an oxidatively stable fatty acid with no double bonds, but it is solid at normal temperature and cannot flow. Oleic acid, on the other hand, contains a single double bond that makes it less stable than stearic acid, but it is liquid at room temperature and can give flowability for use in industrial lubricants, however, it still harms the oil’s pour point.
The study is consolidated based on segments and further into sub-segments, based on Source (Vegetable Oils (Palm Oil, Soybean Oil, Sunflower Oil, Cottonseed Oil, and Others)), and Application (Paints & Coatings, Personal Care, Construction, and Others).
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players – Cargill Inc., Arkema Inc., BASF SE, Vertec Bio-Solvents, Solvay, Huntsman Corporation, Bioamber S.A.S., Spak Orgochem, Mangalam Organic Ltd., Ester Industries Ltd., Esters and Solvents LLP, ChemCeed, Palmer Holland Inc., The Chemical Co., Kowa American Corp., Allan Chemical Corp., and Others.
You can browse the market data tables and figures spread through a comprehensive research report and an in-depth TOC on the “Global Bio-based Esters Market.”
https://www.maximizemarketresearch.com/market-report/global-bio-based-esters-market/119234/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Office no. 4,
Navale IT Zone Phase-2,
Mumbai -Bangalore Bypass Highway,
Pune- 411041
Maharashtra, India
+91 9607195908