The Global was valued at USD 609 million in 2023 and is projected to reach USD 969.33 million by 2032, exhibiting a CAGR of 5.30% during the forecast period (2023-2032). This growth is being driven by increasing demand for eco-friendly plasticizers, the shift toward bio-based materials in various industries, and regulatory pressures to reduce the use of conventional plasticizers.
As industries across the globe increasingly adopt sustainable practices, the spotlight is on key manufacturers who are driving innovation, efficiency, and cleaner production of epoxidized soybean oil. In this report, we profile the Top 10 Companies in the —a mix of chemical specialists, agro-processors, and material science innovators shaping the future of bio-based plasticizers and additives.
🔟 1. Hairma Chemicals
Headquarters: Mumbai, India
Key Offering: Epoxidized Soybean Oil (ESO) for PVC, coatings, and adhesives
Hairma Chemicals is a leading supplier of epoxidized soybean oil in the Asia-Pacific region, offering a range of industrial-grade products for various applications. Their focus on quality and consistency has made them a preferred supplier for many manufacturers.
Key Strengths:
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Wide distribution network across India and Southeast Asia
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Competitive pricing for bulk orders
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Customization options for specific industry needs
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9️⃣ 2. Arkema Group
Headquarters: Colombes, France
Key Offering: Epoxidized vegetable oils, bio-based plasticizers
Arkema is a global leader in specialty chemicals and has a strong presence in the bio-based materials market. Their Epoxidized Soybean Oil offerings are part of their sustainable product line, catering to European and North American markets.
Key Strengths:
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Strong R&D capabilities for customized solutions
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Global supply chain and logistics
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Technical support and consultation services
8️⃣ 3. CHS Inc.
Headquarters: Saint Paul, Minnesota, USA
Key Offering: Epoxidized soybean oil, specialty agricultural products
CHS Inc. is one of North America’s leading cooperatives, providing a range of agricultural and industrial products. Their epoxidized soybean oil offerings are primarily focused on the U.S. and Canadian markets.
Key Strengths:
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Direct access to soybean feedstock
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Integrated supply chain from farm to finished product
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Strong relationships with American manufacturers
7️⃣ 4. Xinjinlong Chemical Additives
Headquarters: Shanghai, China
Key Offering: Epoxidized soybean oil, plasticizers, lubricants
Xinjinlong is a key Chinese manufacturer of epoxidized soybean oil, serving both domestic and international markets. They are known for their competitive pricing and ability to handle large-volume orders.
Key Strengths:
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Cost-effective production
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Strong presence in Asian markets
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Wide range of related chemical products
6️⃣ 5. Galata Chemicals
Headquarters: Istanbul, Turkey
Key Offering: Epoxidized oils, plasticizers
Galata Chemicals is a significant player in the European and Middle Eastern markets for epoxidized soybean oil. They focus on high-quality products for demanding industrial applications.
Key Strengths:
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Technical expertise in epoxidation processes
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Strong quality control standards
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Strategic location between Europe and Asia
5️⃣ 6. Dongguan Lingchuang
Headquarters: Dongguan, China
Key Offering: Epoxidized soybean oil, industrial chemicals
Dongguan Lingchuang is a specialized manufacturer focusing on the Chinese domestic market. They provide customized epoxidized soybean oil solutions for various industrial applications.
Key Strengths:
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Flexible production for small batches
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Competitive pricing for local market
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Quick turnaround times
4️⃣ 7. Longda Oil Technology
Headquarters: Qingdao, China
Key Offering: Epoxidized oils, specialty chemicals
Longda Oil Technology is another significant Chinese player in the epoxidized soybean oil market. They serve both domestic and export markets with a focus on quality and consistency.
Key Strengths:
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Modern production facilities
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Strong technical team
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International certifications
3️⃣ 8. Valtris Specialty Chemicals
Headquarters: Independence, Ohio, USA
Key Offering: Epoxidized soybean oil, polymer additives
Valtris is a specialty chemicals company with a focus on performance additives. Their epoxidized soybean oil products are known for their quality and reliability in demanding applications.
Key Strengths:
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Technical support and customer service
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Consistent product quality
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Strong distribution network in North America
2️⃣ 9. Nanya Plastics
Headquarters: Taipei, Taiwan
Key Offering: Epoxidized soybean oil, plasticizers
Nanya Plastics is a major player in the Asian market for epoxidized soybean oil. They offer a range of products tailored to different industries and applications.
Key Strengths:
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Regional expertise in Asian markets
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Strong logistics network
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Competitive pricing for volume buyers
1️⃣ 10. Shenzhen Kaiqi Chemicals
Headquarters: Shenzhen, China
Key Offering: Epoxidized soybean oil, specialty chemicals
Shenzhen Kaiqi Chemicals serves the growing Chinese market for bio-based products. They focus on providing high-quality epoxidized soybean oil to domestic manufacturers.
Key Strengths:
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Strategic location in Southern China
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Modern production techniques
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Strong R&D capabilities
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🌍 Outlook: The Future of Industrial Grade Epoxidized Soybean Oil
The industrial grade epoxidized soybean oil market is evolving rapidly as sustainability becomes a priority across industries. While traditional applications remain important, new opportunities are emerging in green chemistry and circular economy initiatives.
📈 Key Trends Shaping the Market:
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Growing demand for bio-based plasticizers in PVC products
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Increasing regulatory pressure to reduce phthalate use
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Rising consumer preference for sustainable products
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Growth in construction and automotive sectors in emerging economies
For more detailed information on market trends, market size, and regional analysis, download the full report.
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The companies listed above represent the diverse and dynamic nature of the industrial grade epoxidized soybean oil market. From global chemical giants to specialized regional suppliers, each plays a vital role in the supply chain that supports sustainable manufacturing practices worldwide.
As industries continue to seek eco-friendly alternatives to traditional materials, the importance of epoxidized soybean oil and similar bio-based products is only expected to grow, making these companies key players in the green manufacturing revolution.
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