Soybean oil is projected to be the leading raw material in the production of epoxidized soybean oil from 2016 to 2026. Soybean oil is a light yellow colored vegetable oil derived from the seeds of the soybean. It is extensively used in edible applications such as in the manufacture of food products. Out of the numerous inedible applications, it is also used as an additive and as a stabilizer in plasticizers. The plasticizers become more reactive on the addition of ESBO due to the carbon- ... Read more
The global market for epoxidized soybean oil is projected to reach USD 691.7 Million by 2026, at a CAGR of 11.04% from 2016 to 2026. The growing demand for epoxidized soybean oil from major application industries such as PVC & PVA plasticizers, UV cure applications, and other industrial applications in emerging economies are driving.
