Linoleic Acid Market Analysis

Linoleic Acid Market Analysis

Linoleic acid market size from food & beverage applications will surpass USD 1.5 billion during projected timeframe owing to paradigm shift in consumer consumption pattern and increasing preference for healthy lifestyle. Global food & beverage ingredients market was valued over USD 55 billion in 2017 and expects gains at over 9%. Increasing health benefits from this product is attracting its application in flavouring, aroma component, dairy and baking industries. The product demand is anticipated to rise as it helps to reduce risks for type 2 diabetes, hypertension, and strokes.
 

Linoleic acid market size from adhesives & sealants may reach up to 65 kilo tons by 2024. It is utilized in adhesives & sealants owing to its colour stability, low rosin acids, and unsaponifiables content. Administrations and associations are standardizing the adhesives products emissions to protect the environment which would drive the product growth in adhesives & sealants application owing to its environment friendly nature.
 

Asia Pacific driven by Japan, India and China linoleic acid market size is projected to surpass USD 1 billion in the estimated timeframe owing to its increasing application range in protective coatings for color retentive and fast drying alkyl & epoxy resin ester coating production. Growth in automotive production supported by rising demand for premium quality automobile mainly in India and China will favor paints & coating demands, thereby promoting industry growth. Increasing construction spending supported by expansion in public infrastructural projects may drive demand for paints & coating, acting as another contributing factor towards regional industry growth.
 

Europe led by Italy, France, Spain, and Germany linoleic acid market may observe significant gains up to 4%. Rapid product inventions pertaining to natural cosmetic ingredients supported by rising consumer inclination towards natural antiaging skin care products may fuel product demand. Presence of major manufacturers and premium cosmetic brands will have positive influence on industry growth.
 

Brazil is anticipated to experience an increasing demand for linoleic acid owing to its utilization in dairy products, animal feed, and home care products. The market growth is driven by the growing awareness about its health and medical benefits.