Global Sebacic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Source;

Castor Oil and Adipic Acid.

By Form;

Powder, Flakes, and Granules.

By Application;

Personal Care & Cosmetics, Lubricants & Greases, Metalworking Fluids, and Plastics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn504998217 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Sebacic Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Sebacic Acid Market was valued at USD 299.49 million. The size of this market is expected to increase to USD 381.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.5%.

The global sebacic acid market is witnessing steady growth driven by its diverse applications across various industries. Sebacic acid, a naturally occurring dicarboxylic acid derived from castor oil, finds extensive use in the production of polymers, lubricants, cosmetics, and pharmaceuticals. Its unique properties, such as high melting point, solubility in various solvents, and biodegradability, make it a versatile chemical in industrial applications. The market's growth is further propelled by increasing demand for eco-friendly products and the shift towards sustainable chemicals in manufacturing processes worldwide.

Geographically, Asia-Pacific dominates the global sebacic acid market, driven by robust industrial growth in China and India. North America and Europe also contribute significantly due to the presence of key manufacturers and the expanding applications of sebacic acid in bioplastics and personal care products. The market is characterized by innovation in production techniques and increasing investments in research and development to enhance product quality and expand application areas.

Looking ahead, the global sebacic acid market is poised for continued expansion as industries seek greener alternatives and sustainable solutions. Factors such as regulatory support for bio-based chemicals and growing consumer awareness regarding environmental sustainability are expected to drive market growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Form

    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Sebacic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Biodegradability in plastics
        2. Rising cosmetic demand
        3. Pharmaceutical applications growth
        4. Shift towards sustainability
      2. Restraints
        1. High production costs
        2. Limited castor supply
        3. Regulatory challenges
        4. Competition from substitutes
      3. Opportunities
        1. Emerging economies growth
        2. Bioplastic innovations
        3. Advanced lubricants demand
        4. Increased R&D investment
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sebacic Acid Market, By Source, 2021 - 2031 (USD Million)
      1. Castor Oil
      2. Adipic Acid
    2. Global Sebacic Acid Market, By Source, 2021 - 2031 (USD Million)
      1. Powder
      2. Flakes
      3. Granules
    3. Global Sebacic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Personal Care & Cosmetics
      2. Lubricants & Greases
      3. Metalworking Fluids
      4. Plastics
    4. Global Sebacic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Arkema
      2. Evonik
      3. HOKOKU Co., Ltd
      4. Casda Biomaterials Co., Ltd
      5. Sebacic India Limited
      6. Krishna
      7. Inolex
      8. Croda Inc.
  7. Analyst Views
  8. Future Outlook of the Market