Linoleic Acid Market

Linoleic Acid Market size is valued at US$ 3.0 Bn in 2017 and expected to grow at a CAGR of 5% in the forecasting period. Growing influence on bio-based material mainly for usage in paints & coatings and adhesives applications owing to environmental concerns from petrochemicals products will drive linoleic acid market size. The increasing importance of daily health management and rise in personalized nutrition trends along with growing demand for natural ingredients in nutritive products will boost product demand.https://www.maximizemarketresearch.com/market-report/linoleic-acid-market/13315/ Linoleic acid is a polyunsaturated fatty acid which is essential for healthy hair and skin, as well normal brain function. It can be synthesized naturally by humans or consumed through various food ingredients and is also utilized in oils and quick-drying soaps and several other industrial applications. The linoleic Acid market is majorly segmented by the application and region wise. Based on applications segment the market is segmented as cosmetics, paints & coatings, food & beverages and adhesives. Under this, food & beverage application holds the largest share owing to a paradigm shift in consumer consumption pattern and increasing preference for the healthy lifestyle. Global food & beverage ingredients market was valued over USD 55 billion in 2017 and expects gains at over 9%. Increasing health benefits from this product is attracting its application in flavoring, aroma component, dairy, and baking industries. The product demand is anticipated to rise as it helps to reduce risks for type 2 diabetes, hypertension, and strokes. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific held the highest market in 2017. The Asia Pacific is driven by Japan, India, and China linoleic acid market size owing to its increasing application range in protective coatings for color retentive and fast drying alkyl & epoxy resin ester coating production. Growth in automotive production supported by rising demand for premium quality automobile mainly in India and China will favor paints & coating demands, thereby promoting industry growth. Key Players Profiled and Analysed Key player across the Linoleic Acid industry are Eastman Chemicals, Merck & Millipore, BASF SE and Cayman Chemicals. Manufacturers are concentrating on developing new products and revolutionizing on the use of different components to hold their existing customer base and increase their market share. They are also investing heavily in R&D to sustain the changing market dynamics. The scope of Linoleic Acid Market: Linoleic Acid Market By Application • Cosmetics • Paints & Coatings • Food & Beverages • Adhesives Linoleic Acid Market By Geography • North America • Europe • Asia-Pacific • Middle East & Africa • Latin America Key Players operating in the Linoleic Acid Market: • Eastman Chemicals • Merck & Millipore • BASF SE • Cayman Chemicals • Lluch Essence SI • Synerzine • SA Pharmachem Pvt. Ltd. • Sisco Research Laboratories • Avantor Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the current Linoleic Acid market outlook. The report encompasses the Linoleic Acid market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Linoleic Acid market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Linoleic Acid market positioning of competitors.

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