Epoxidized Soybean Oil Market Demand, Trends Analysis and Future Scope 2034
Epoxidized Soybean Oil Market Growth, Size, Trends Analysis - By Raw Material, By Application, By End-Use Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Aug-2025 | Report ID: CHEM25135 | Pages: 1 - 229 | Formats*: |
| Category : Chemical & Materials | |||
Epoxidized Soybean Oil Market Introduction and Overview
According to SPER Market Research, the Global Epoxidized Soybean Oil Market is estimated to reach USD 921.35 million by 2034 with a CAGR of 5.83%.
The report includes an in-depth analysis of the Global Epoxidized Soybean Oil Market, including market size and trends, product mix, Applications, and supplier analysis. The epoxidised soybean oil market is expected to develop at a compound annual growth rate (CAGR) of 5.83% from 2025 to 2034, reaching USD 522.8 million in 2024. This market is expected to experience substantial growth in the forthcoming years, driven by heightened demand in the food & beverages, personal & healthcare, and infrastructure sectors.
By Raw Material Insights
Hydrogen peroxide (H2O2) is a clear, colorless liquid known for its strong oxidizing properties and held the second highest market share in 2024. It is essential in producing epoxidized soybean oil (ESBO) through a process where it interacts with soybean oil. This reaction transforms the double bonds in soybean oil into epoxide groups, resulting in ESBO, which is more reactive and serves as an effective plasticizer and stabilizer. This highlights the important role of hydrogen peroxide in the oxygenation process needed for producing ESBO, a versatile and eco-friendly material used in the plastics industry.
By End-Use Application Insights
In 2024, the market for epoxidised soybean oil is expected to develop at the quickest rate in the food and beverage sector. Regulations, shifting customer preferences for food packaging and beverage can coatings, and safety concerns are driving the demand for non-phthalate PVC plasticisers in this industry. The use of substitutes such as epoxidised soybean oil demonstrates the industry's commitment to safety and standard compliance. Additionally, the push for sustainable packaging solutions boosts the demand for non-phthalate options. Research and technological advancements continue to develop high-performance alternatives, enhancing brand reputation while focusing on safety and environmental friendliness.
Regional Insights
North America dominates the Epoxidised Soybean Oil Market. North America is likely to be the largest market for epoxidised soybean oil and grow at the fastest rate throughout the forecast period. The United States is expected to have the greatest market share in North America through 2034. North America is a major player in the worldwide epoxidised soybean oil market, driven primarily by increased demand for non-phthalate plasticisers in PVC compound production and the expansion of end-use industries.
Market Competitive Landscape
Prominent market players are making significant investments in research and development to broaden their product offerings, which will further stimulate growth in the Epoxidized Soybean Oil Market. Participants in the market are also engaging in various strategic initiatives to enhance their global presence, with notable developments including new product introductions, contractual agreements, mergers and acquisitions, increased investments, and collaborations with other entities. To thrive and remain competitive in an evolving market landscape, the Epoxidized Soybean Oil industry must provide cost-effective solutions.
Recent Developments:
In December 2024: Valtris Specialty Chemicals has promoted Plas-Chek and Lankroflex ESBOs for flexible PVC, emphasizing food-safe, renewable, and Kosher-certified options suitable for various applications.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Raw Material, By Application, By End-Use Application |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | CHS Inc, Adera Corporation, Valtris, Hairma Chemicals (GZ) Ltd, Guangzhou Xinjinlong Chemical Additives Co. Ltd, Nan Ya Plastics Corporation, Cargill, Galata Chemicals LLC, Shandong Longkou Longda Chemical Industry Co. Ltd, Inbra Indústrias QuÃmicas Ltd. |
- Global Epoxidized Soybean Oil Market Size (FY’2021-FY’2034)
- Overview of Global Epoxidized Soybean Oil Market
- Segmentation of Global Epoxidized Soybean Oil Market By Raw Material (Soybean Oil, Hydrogen Peroxide)
- Segmentation of Global Epoxidized Soybean Oil Market By Application (Plasticizers, UV Cure Applications, Fuel Additives)
- Segmentation of Global Epoxidized Soybean Oil Market By End-Use Application (Foods & Beverages, Adhesives & Sealants, Automotives)
- Statistical Snap of Global Epoxidized Soybean Oil Market
- Expansion Analysis of Global Epoxidized Soybean Oil Market
- Problems and Obstacles in Global Epoxidized Soybean Oil Market
- Competitive Landscape in the Global Epoxidized Soybean Oil Market
- Details on Current Investment in Global Epoxidized Soybean Oil Market
- Competitive Analysis of Global Epoxidized Soybean Oil Market
- Prominent Players in the Global Epoxidized Soybean Oil Market
- SWOT Analysis of Global Epoxidized Soybean Oil Market
- Global Epoxidized Soybean Oil Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Epoxidized Soybean Oil Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Epoxidized Soybean Oil Market
7. Global Epoxidized Soybean Oil Market, By Raw Material (USD Million) 2021-2034
- 7.1. Soybean Oil
- 7.2. Hydrogen Peroxide
8. Global Epoxidized Soybean Oil Market, By Application (USD Million) 2021-2034
- 8.1. Plasticizers
- 8.2. UV Cure Applications
- 8.3. Fuel Additives
9. Global Epoxidized Soybean Oil Market, By End-Use Application (USD Million) 2021-2034
- 9.1. Foods & Beverages
- 9.2. Adhesives & Sealants
- 9.3. Automotives
10. Global Epoxidized Soybean Oil Sink Market, (USD Million) 2021-2034
- 10.1. Global Epoxidized Soybean Oil Market Size and Market Share
11. Global Epoxidized Soybean Oil Market, By Region, (USD Million) 2021-2034
- 11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
- 11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
- 11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
- 11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
12. Company Profile
- 12.1. CHS Inc
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Adera Corporation
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Valtris
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Hairma Chemicals (GZ) Ltd
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Guangzhou Xinjinlong Chemical Additives Co. Ltd
- 12.5.1. Company Details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Nan Ya Plastics Corporation
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Cargill
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Galata Chemicals LLC
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Shandong Longkou Longda Chemical Industry Co. Ltd
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Inbra Indústrias QuÃmicas Ltd
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Epoxidized Soybean Oil Market is projected to reach USD 921.35 million by 2034, growing at a CAGR of 5.83% during the forecast period.
Epoxidized Soybean Oil Market grew in Market size from 2025. The Market is expected to reach USD 921.35 million by 2034, at a CAGR of 5.83% during the forecast period.
Epoxidized Soybean Oil Market CAGR of 5.83% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Epoxidized Soybean Oil Market size is USD 921.35 million from 2025 to 2034.
Epoxidized Soybean Oil Market is covered By Raw Material, By Application, By End-Use Application
North America is anticipated to have the highest Market share in the Epoxidized Soybean Oil Market.
CHS Inc, Adera Corporation, Valtris, Hairma Chemicals (GZ) Ltd, Guangzhou Xinjinlong Chemical Additives Co. Ltd, Nan Ya Plastics Corporation, Cargill, Galata Chemicals LLC, Shandong Longkou Longda Chemical Industry Co. Ltd, Inbra Indústrias QuÃmicas Ltd.
The report includes an in-depth analysis of the Global Epoxidized Soybean Oil Market, including market size and trends, product mix, Applications, and supplier analysis
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