Global Erucic Acid Market to Witness Significant Revenue Growth Through 2028
Verfasser: yogesh on Wednesday, 27 March 2019Global Erucic Acid Market Introduction
The growing trend for production of chemical from green feedstock, there has been significant rise in demand for Erucic acid. The demand for Erucic acid based chemicals has been improved significantly from the plastic additive industry and metal working industry. The High Erucic Acid Rapeseed Oil (H.E.A.R.) oil is increasingly being used in the oleo chemicals industry to manufacture erucamide which is used as slip additive chemical in the manufacture of polypropylene films and polythene and. Erucic acid is used as base oil and lubricity additive for lubricants and metal working industry. Erucic acid is a versatile product being used across a wide range of applications including lubricants, plastic, personal care and cosmetics, pharmaceutical amongst others. Its role as chemical intermediate to manufacture a range of chemicals for specialized applications has also created lucrative growth opportunities for the manufacturers.
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Global Erucic Acid Market Dynamics
Global Erucic Acid Market Drivers