Sebacic Acid Market Trends, Growth, Outlook and Future ScopePosted by Ryan Shaw on October 11th, 2019 The global Sebacic Acid Market size is projected to reach USD 327.3 million by 2025, according to a new report by Grand View Research, Inc. The global market is projected to register a CAGR of 3.7% during the forecast period. Increasing demand for new and improved cosmetics and rising demand for bio-degradable polymers in automotive, packaging, and other industries is driving market. Sebacic acid is one of the most popular cosmetic ingredients, as it is classified under non-hazardous chemicals and has multiple properties to suit skin care products, such as sun-screens, foundations, and concealers. Rising demand for cosmetics and increasing awareness about these products, mainly through social media, has led to the growth of the sebacic acid market. Asia Pacific leads the global market owing to increasing population and urbanization along with rapid industrialization. The region is anticipated to maintain its dominance due to affordable infrastructure and cheap labor. Asian countries like China and India are among the leading exporters of the chemical. India, with its favorable climatic conditions, is also one of the largest producers of castor seeds and thus of its derivatives including sebacic acid. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/sebacic-acid-market Further key findings from the study suggest:
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