According to a market report by Lucintel, the future of the global erucic acid market looks promising with opportunities in the chemical manufacturer, food manufacturer, cosmetic manufacturer, and pharmaceutical company markets. The global erucic acid market is expected to grow with a CAGR of 5.1% from 2024 to 2031. The major drivers for this market are the increasing demand in biofuels, the rising use in lubricants, and the growing adoption in food industry.
A more
than 150-page report to understand trends, opportunity and forecast in global erucic
acid market to 2031 by source (natural erucic acid and synthetic erucic acid),
grade (food grade, industrial grade, and pharmaceutical grade), application
(industrial use, plastics & polymers, and cosmetics & personal care),
end use (chemical manufacturers, food manufacturers, cosmetic manufacturers,
and pharmaceutical companies), and region (North America, Europe, Asia Pacific,
and the Rest of the World).
Lucintel
forecasts that, within the source category, natural erucic acid is expected to
witness higher growth over the forecast period.
Within the
end use category, chemical manufacturer is expected to witness the highest
growth.
Download
sample by clicking on erucic acid market.
In terms
of region, North America is expected to witness the highest growth over the
forecast period.
Company
are the major suppliers in the erucic
acid market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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