Epoxidized Soybean Oil Market Highlights On Future Development 2031Posted by Aparna P on August 26th, 2022  Epoxidized soybean oil or ESBO refers to a collection of different organic compounds that are extracted from the epoxidation of the oil of soybean.
The global epoxidized soybean oil market (ESBO) is forecast to exhibit strong growth between 2017 and 2025. It will significantly gain from the increasing demand from the plastic additives industries, especially in North America.
Among the key end-use segments, the epoxidized soybean oil market is gaining maximum from the rising use of epoxidized soybean oil in food and beverages packaging. As the retail sector gears for spike in the demand for processed food, the significance of phthalate-free plasticizers food packaging will scale higher.
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Regionally, the European epoxidized soybean oil market will prove to be the most lucrative and faster growing. This trend is likely to continue through the course of the report’s forecast period.
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