Sebacic Acid Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Source (Castor Oil and Adipic Acid), By Application (Personal Care & Cosmetics, Lubricants & Greases, Metalworking Fluids, Plastics, Polymers and Others), By Region, Competition 2024-2028

Industry : Chemicals
Pages : NA
Published Date : NA

Customization Enquiry

Buy Now

Single User Licence

$4500

Multi-User Licence

$5500

Custom Research Licence

$8000

Summary

Request Sample

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 0.15 billion
CAGR (2023-2028)	2.88%
Fastest Growing Segment	Personal Care & Cosmetics
Largest Market	North America

Market Overview

Global Sebacic Acid Market has valued at USD 0.15 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 2.88% through 2028. Sebacic acid, derived from castor oil, is a remarkable compound with a diverse range of applications and benefits. It plays a crucial role in the production of bio-polyamides, imparting essential properties such as adaptability, durability, hydrophobicity, and lower melting points. Additionally, it is utilized as a component in polyesters, leveraging the inherent dibasic acid nature of sebacic acid to enhance flexibility, chemical resistance, and strength. These polyesters find application in various coating industries, including coils, architectural, and high solids paints. The global sebacic acid market is experiencing growth driven by its wide range of applications, its bio-based nature, and cost-effectiveness of manufacturing. However, it is important to note that increasing health and environmental concerns could potentially hinder the market's growth. The growth of the sebacic acid market is being driven by various factors, including the rise in government initiatives and policies that promote bio-based products. These products find extensive usage in industries such as lubricants, paints, adhesives, and polymers. Additionally, there is an increasing inclination towards personal care and healthcare products, driven by growing awareness about personal health and skincare. Furthermore, the rise in population and investments in the building and construction sector also contribute to the market's growth. The automotive industry's production and ongoing research and development activities are expected to create new opportunities for the sebacic acid market in the forecast period of 2021-2028.

Key Market Drivers

Growing Demand of Sebacic Acid in Personal Care and Cosmetics Industry

The global cosmetics and personal care industry is currently undergoing a significant transformation, driven by shifting consumer preferences and an increasing focus on natural and sustainable ingredients. Sebacic acid, a naturally derived compound with versatile applications, has emerged as a key driver of innovation within this industry. As consumers seek products that align with their values, the demand for sebacic acid in personal care and cosmetics is experiencing a notable upward trajectory, fueling the growth of the global sebacic acid market. Sebacic acid, derived from castor oil or adipic acid, is a dicarboxylic acid that offers a wide range of properties beneficial to the cosmetics and personal care industry. Its versatility lies in its ability to serve as a precursor to various derivatives, including esters, which are widely used in formulations for skincare, haircare, and other personal care products. The compound's natural origin and low toxicity make it an appealing option for brands seeking to meet consumer demand for cleaner and more sustainable ingredients. In recent years, consumers have become increasingly conscious of the ingredients present in their skincare and cosmetic products. This heightened awareness has led to a significant industry shift towards natural and sustainable formulations. As consumers scrutinize ingredient lists for chemicals and additives, manufacturers are under pressure to replace synthetic compounds with safer alternatives that are both user- and environmentally-friendly. Sebacic acid aligns well with this trend, offering a biodegradable and non-harmful option that contributes to the overall appeal of personal care products. Sebacic acid esters act as emollients, conditioning agents, and hair fixatives in shampoos, conditioners, and styling products. These esters enhance manageability, reduce frizz, and improve the overall texture of hair. The compound's emollient properties make it suitable for skincare products such as moisturizers, creams, and lotions. Sebacic acid esters help maintain skin hydration, prevent moisture loss, and contribute to a smoother and more supple complexion. Sebacic acid derivatives are used in lipsticks, eyeliners, and other color cosmetics to improve texture, increase adherence, and enhance product longevity. Moreover, sebacic acid esters are employed in nail polish formulations to enhance shine, flexibility, and adhesion to the nail surface.

Increasing Demand of Sebacic Acid for Manufacturing of Plasticizers

As industries worldwide seek sustainable and versatile solutions, sebacic acid has emerged as a crucial component in formulating plasticizers, driving the growth of the global sebacic acid market. Plasticizers are additives that enhance flexibility, durability, and elasticity in polymers, making them more adaptable and malleable. These compounds play a critical role in producing materials like PVC (polyvinyl chloride), widely used in construction, automotive, electronics, and consumer goods industries. By incorporating plasticizers, manufacturers can achieve specific mechanical properties and customize polymer performance to meet diverse requirements. With expanding urban infrastructure and increasing consumer demand for durable and versatile products, the need for plasticizers is soaring. Consequently, the consumption of sebacic acid as a key component in plasticizer production has significantly increased. Sebacic acid stands out due to its unique molecular structure, offering specific benefits to polymers. Its compatibility with a wide range of polymers, low toxicity, and biodegradability makes it an attractive choice for manufacturers aiming to meet regulatory and environmental standards. As governments worldwide tighten regulations on certain plasticizers due to health and environmental concerns, the plastics industry actively seeks effective and sustainable alternatives. Sebacic acid aligns well with these requirements, providing a viable solution to meet the demand for eco-friendly plasticizer options. The global sebacic acid market is experiencing dynamic growth, primarily driven by the surge in plasticizer demand. Asia-Pacific, with its rapid industrialization and growing consumer base, plays a pivotal role in this market. The region's construction and automotive sectors, in particular, are major consumers of plasticizers, driving the demand for sebacic acid. North America and Europe also contribute significantly to the sebacic acid market as industries in these regions focus on sustainable practices and seek alternatives to traditional plasticizers. The emphasis on green and renewable technologies opens up new opportunities for sebacic acid manufacturers to meet the evolving market demands.

Growing Demand of Sebacic Acid in Automobile Industry

As the automotive sector embraces eco-friendly practices and lightweight materials, sebacic acid is emerging as a pivotal factor in shaping the future of the global sebacic acid market. The automobile industry is undergoing a significant transformation, driven by the urgent need to reduce carbon emissions, enhance fuel efficiency, and develop more environmentally friendly vehicles. One of the key strategies to achieve these objectives is the widespread adoption of lightweight materials. Lightweighting not only improves fuel efficiency but also contributes to the overall sustainability of vehicles by reducing the energy required for manufacturing and operation. Sebacic acid plays a critical role in the lightweighting revolution. It serves as a precursor for the production of a variety of bio-based polymers and materials that exhibit both lightweight and high strength characteristics. These materials are extensively utilized in the automobile industry, particularly in components that require exceptional performance features while maintaining low weight. Sebacic acid is a key ingredient in the production of bioplastics, such as polyamide-10,10, which can effectively replace traditional petroleum-based materials in various vehicle parts, including interior components and under-the-hood applications. Sebacic acid-derived polymers can be further reinforced with natural fibers or nanoparticles to create lightweight and durable composite materials. These composites find application in the manufacturing of vehicle body panels, structural components, and even electric vehicle battery enclosures. Additionally, sebacic acid-based coatings exhibit excellent adhesion properties and durability, making them ideal for protective coatings on various automobile surfaces, thereby contributing to the longevity of vehicles. As automakers and manufacturers strive to meet sustainability targets, the role of sebacic acid as a bio-based and environmentally friendly compound becomes increasingly prominent. This demand is further driven by government regulations that promote cleaner and greener transportation solutions.

Download Free Sample Report

Key Market Challenges

High Cost of Raw Materials

The primary source of sebacic acid, which is castor oil, is susceptible to supply and demand fluctuations, thereby driving up prices. The production of castor oil relies on agricultural factors, such as weather conditions and disease outbreaks, which can affect crop yields and disrupt the supply of raw materials. Castor plants thrive in specific geographic regions, leading to production concentration in select countries. This limited distribution can result in supply imbalances and higher costs. Castor oil finds applications beyond sebacic acid production, including in the pharmaceutical, personal care, and industrial sectors. This competition for raw materials further contributes to price volatility. Converting castor oil into sebacic acid involves a series of chemical processes, which can be resource-intensive and impact the final cost. Moreover, fluctuations in raw material prices can lead to supply chain disruptions, affecting product availability and potentially causing market instability. Manufacturers of sebacic acid and downstream products face the challenge of maintaining healthy profit margins when confronted with escalating raw material costs.

Disruptions in Supply Chain

The interconnectedness of the global economy has significantly increased the complexity and vulnerability of supply chains. Sebacic acid, derived from castor oil, is directly impacted by fluctuations in the availability and cost of castor beans. Unforeseeable weather conditions, changes in agricultural practices, and geopolitical factors can result in supply shortages and price fluctuations. Efficient transportation plays a critical role in ensuring the timely movement of raw materials and finished products. Disruptions in transportation networks, such as port congestion, labor strikes, or unexpected geopolitical events, can lead to delays and escalated costs. Furthermore, economic, and political shifts worldwide can influence the demand and supply of sebacic acid. Trade disputes, regulatory changes, and shifts in consumer preferences can introduce market uncertainties. Natural disasters, including earthquakes, hurricanes, and tsunamis, have the potential to disrupt manufacturing facilities, supply routes, and transportation networks, causing both short-term interruptions and long-term damage.

Regulatory Compliance and Environmental Concerns

Regulatory frameworks have undergone significant evolution in response to environmental concerns and considerations for human health. Governments and international organizations have implemented measures to mitigate emissions, reduce waste, and restrict the use of hazardous materials. These regulations have far-reaching implications across the entire sebacic acid market, encompassing production, transportation, product formulation, and disposal. For example, the European Union's REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) regulation mandates the registration and assessment of chemicals to ensure their safe usage. Manufacturers and importers of sebacic acid and its derivatives must comply with these regulations, which often entail rigorous testing, documentation, and risk assessment. Similarly, environmental agencies in the United States, such as the Environmental Protection Agency (EPA), enforce regulations aimed at minimizing the release of harmful chemicals into the environment. Companies operating in the sebacic acid sector must adhere to reporting requirements, pollution prevention plans, and waste disposal guidelines.

Key Market Trends

Expanding Applications in Polymers and Plastics

Sebacic acid's journey from castor oil to polymers and plastics is driven by its remarkable ability to enhance the properties of these materials. Its distinct molecular structure empowers it to exert influence over mechanical, thermal, and environmental characteristics, making it a game-changer in a wide range of applications. Within the realm of polymers, sebacic acid serves as a fundamental building block for bioplastics, polyamides (nylons), and polyesters. By incorporating sebacic acid into these materials, manufacturers can achieve significant improvements in tensile strength, impact resistance, and thermal stability. This not only enhances the durability and performance of the end products but also aligns with the growing demand for eco-friendly alternatives to traditional plastics. Polyamides and polyesters are crucial in industries spanning from textiles to engineering, and the integration of sebacic acid brings about an optimal synthesis of performance and sustainability. In polyamides, sebacic acid contributes to enhanced tensile strength, impact resistance, and overall toughness, making them suitable for applications that require durable yet lightweight materials, such as automotive parts and industrial components. Similarly, sebacic acid-based polyesters exhibit improved mechanical properties, rendering them invaluable for applications like films, coatings, and even medical devices. The compatibility of these materials with eco-friendly initiatives underscores the transformative role sebacic acid plays in addressing both performance and environmental concerns.

Segmental Insights

Source Insights

In 2022, the Sebacic Acid market was dominated by the castor oil and is predicted to continue expanding over the coming years. This can be attributed to its excellent anti-inflammatory, antimicrobial, and moisturizing properties, among others. As a result, it is extensively utilized in cosmetics, medicinal, industrial, and pharmaceutical applications. Castor oil, along with ricinoleic acid, is believed to enhance skin absorption and is commonly employed in the treatment of various skin disorders, including dermatosis, psoriasis, and acne. Moreover, castor oil remains a well-regarded natural remedy for chronic conditions such as constipation and various skin ailments, making it a prevalent ingredient in natural beauty products.

Application Insights

In 2022, the Sebacic Acid market was dominated by personal care & cosmetics and is predicted to continue expanding over the coming years. Sebacic acid is highly sought after by the cosmetics industry due to its versatile applications in various formulations. It serves as a crucial ingredient in numerous products, functioning as a pH adjuster, firm filming agent, and fragrance enhancer. The growing influence of social media has further contributed to the expansion of the cosmetics sector. Additionally, heightened awareness regarding personal care products, particularly in emerging regions, is expected to drive the growth of this segment.

Download Free Sample Report

Regional Insights

The North America region has established itself as the leader in the Global Sebacic Acid Market. The market growth in North America can be attributed to the increasing living standards of consumers, resulting in a rise in cosmetics expenditure. This trend is accompanied by the participation of various multinational companies involved in the production of high-end beauty products in the United States. Furthermore, sebacic acid serves as a chemical intermediate in the manufacturing of esters, which are utilized as solvents, emollients, masking agents, film forming agents, and conditioning agents. Consequently, these factors contribute to the continuous expansion of the regional market

Recent Developments

In February 2019, the Sebacic Oman Refinery in Duqm, Oman, commenced production of sebacic acid. This refinery is a joint venture between investors from Oman and India. Currently, the project has an annual production capacity of 12 KT, which will be doubled upon completion of the first expansion phase.

Key Market Players

Arkema SA
Sebacic India Ltd.
Hokoku Corporation
Shipra Agrichem Pvt. Ltd.
Chemtech M&D Ltd.
Tianxing Biotechnology Co., Ltd.
Tongliao Xinghe Biotechnology Co., Ltd.
Hengshui Jinghua Chemical Co., Ltd.
Shandong Siqiang Chemical Group Co., Ltd.
Jayant Agro-Organics Limited

By Source

By Application

By Region

• Castor Oil

Adipic Acid

• Personal Care & Cosmetics

• Lubricants & Greases

• Metalworking Fluids

• Plastics

• Polymers

Others

• Asia Pacific

• North America

• Europe

• Middle East & Africa

South America

Report Scope:

In this report, the Global Sebacic Acid Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Sebacic Acid Market, By Source:

o Castor Oil

o Adipic Acid

Sebacic Acid Market, By Application:

o Personal Care & Cosmetics

o Lubricants & Greases

o Metalworking Fluids

o Plastics

o Polymers

o Others

Global Sebacic Acid Market, By Region:

North America

United States
Canada
Mexico

Asia-Pacific

China
India
South Korea
Australia
Japan

Europe

Germany
France
United Kingdom
Spain
Italy

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Sebacic Acid Market.

Available Customizations:

Global Sebacic Acid Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Sebacic Acid Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1.Markets Covered

1.2.2.Years Considered for Study

1.2.3.Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Sebacic Acid Market Outlook

5.1. Market Size & Forecast

5.1.1.By Value & Volume

5.2. Market Share & Forecast

5.2.1.By Source (Castor Oil and Adipic Acid)

5.2.2.By Application (Personal Care & Cosmetics, Lubricants & Greases, Metalworking Fluids, Plastics, Polymers and Others)

5.2.3.By Company (2022)

5.2.4.By Region

5.3. Market Map

6. North America Sebacic Acid Market Outlook

6.1. Market Size & Forecast

6.1.1.By Value & Volume

6.2. Market Share & Forecast

6.2.1.By Source

6.2.2.By Application

6.2.3.By Country

6.3. North America: Country Analysis

6.3.1.United States Sebacic Acid Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value & Volume

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Source

6.3.1.2.2. By Application

6.3.2.Mexico Sebacic Acid Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value & Volume

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Source

6.3.2.2.2. By Application

6.3.3.Canada Sebacic Acid Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value & Volume

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Source

6.3.3.2.2. By Application

7. Europe Sebacic Acid Market Outlook

7.1. Market Size & Forecast

7.1.1.By Value & Volume

7.2. Market Share & Forecast

7.2.1.By Source

7.2.2.By Application

7.2.3.By Country

7.3. Europe: Country Analysis

7.3.1.France Sebacic Acid Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value & Volume

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Source

7.3.1.2.2. By Application

7.3.2.Germany Sebacic Acid Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value & Volume

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Source

7.3.2.2.2. By Application

7.3.3.United Kingdom Sebacic Acid Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value & Volume

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Source

7.3.3.2.2. By Application

7.3.4.Italy Sebacic Acid Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value & Volume

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Source

7.3.4.2.2. By Application

7.3.5.Spain Sebacic Acid Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value & Volume

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Source

7.3.5.2.2. By Application

8. Asia-Pacific Sebacic Acid Market Outlook

8.1. Market Size & Forecast

8.1.1.By Value & Volume

8.2. Market Share & Forecast

8.2.1.By Source

8.2.2.By Application

8.2.3.By Country

8.3. Asia-Pacific: Country Analysis

8.3.1.China Sebacic Acid Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value & Volume

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Source

8.3.1.2.2. By Application

8.3.2.India Sebacic Acid Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value & Volume

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Source

8.3.2.2.2. By Application

8.3.3.South Korea Sebacic Acid Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value & Volume

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Source

8.3.3.2.2. By Application

8.3.4.Japan Sebacic Acid Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value & Volume

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Source

8.3.4.2.2. By Application

8.3.5.Australia Sebacic Acid Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value & Volume

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Source

8.3.5.2.2. By Application

9. South America Sebacic Acid Market Outlook

9.1. Market Size & Forecast

9.1.1.By Value & Volume

9.2. Market Share & Forecast

9.2.1.By Source

9.2.2.By Application

9.2.3.By Country

9.3. South America: Country Analysis

9.3.1.Brazil Sebacic Acid Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value & Volume

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Source

9.3.1.2.2. By Application

9.3.2.Argentina Sebacic Acid Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value & Volume

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Source

9.3.2.2.2. By Application

9.3.3.Colombia Sebacic Acid Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value & Volume

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Source

9.3.3.2.2. By Application

10. Middle East and Africa Sebacic Acid Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Source

10.2.2. By Application

10.2.3. By Country

10.3. MEA: Country Analysis

10.3.1. South Africa Sebacic Acid Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value & Volume

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Source

10.3.1.2.2. By Application

10.3.2. Saudi Arabia Sebacic Acid Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value & Volume

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Source

10.3.2.2.2. By Application

10.3.3. UAE Sebacic Acid Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value & Volume

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Source

10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Recent Developments

12.2. Product Launches

12.3. Mergers & Acquisitions

13. PESTLE Analysis

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Product

15. Competitive Landscape

15.1. Business Overview

15.2. Company Snapshot

15.3. Products & Services

15.4. Financials (In case of listed companies)

15.5. Recent Developments

15.6. SWOT Analysis

15.6.1. Arkema SA

15.6.2. Sebacic India Ltd.

15.6.3. Hokoku Corporation

15.6.4. Shipra Agrichem Pvt. Ltd.

15.6.5. Chemtech M&D Ltd.

15.6.6. Tianxing Biotechnology Co., Ltd.

15.6.7. Tongliao Xinghe Biotechnology Co., Ltd.

15.6.8. Hengshui Jinghua Chemical Co., Ltd.

15.6.9. Shandong Siqiang Chemical Group Co., Ltd.

15.6.10. Jayant Agro-Organics Limited

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

What was the market size of the Global Sebacic Acid Market in 2022?

The market size of the Global Sebacic Acid Market was estimated to be USD 0.15 billion in 2022.

Who are the top players operating in the Global Sebacic Acid Market in 2022?

Arkema SA, Sebacic India Ltd., Hokoku Corporation, Shipra Agrichem Pvt. Ltd., Chemtech M&D Ltd., Tianxing Biotechnology Co., Ltd., Tongliao Xinghe Biotechnology Co., Ltd., Hengshui Jinghua Chemical Co., Ltd., Shandong Siqiang Chemical Group Co., Ltd., Jayant Agro-Organics Limited are some of the key players operating in the Global Sebacic Acid Market.

What are the challenges faced by the Global Sebacic Acid Market in the upcoming years?

High cost of raw materials and disruptions in supply chain are the major challenges faced by the Global Sebacic Acid Market in the upcoming years.

What are the major drivers for the Global Sebacic Acid Market?

Rise in demand of sebacic acid for manufacturing of plasticizers and growing demand of sebacic acid in personal care and cosmetic industry are majorly driving the demand for the Global Sebacic Acid Market.

Related Reports

Sakshi Bajaal

Business Consultant

Talk To Analyst

Press Release

Global Sebacic Acid Market to be dominated by growing demand of lubricants through 2028.

Aug, 2023

Initiatives taken by the government to support the production of sebacic acid are the major drivers for the Global Sebacic Acid Market.