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Linseed Oil Market Share
- Report ID: GMI1281
- Published Date: Apr 2022
- Report Format: PDF
Linseed Oil Market Share
Key players in the linseed oil market are
- Cargill, Inc.
- Vandeputte Oleochemicals
- Gustav Heess Oleochemische Erzeugnisse GmbH
- Henry Lamotte Oils GmbH
- KH Chemicals
- Archer Daniels Midland (ADM) Company
- Shape Foods, Inc.
- Jamieson Natural Sources
- Falcon
- ConnOils, LLC.
The companies are engaged in extensive research & development to develop innovative products to improve the quality & quantity of poultry meat yield. For instance, in December 2021, Cargill Inc. entered into an agreement with Croda for acquiring the majority of its industrial chemicals and performance technologies for USD 1.03 billion. This will boost the bio-industrial segment of Cargill Inc. by serving the manufacturers requiring greener ingredient solutions.
In April 2021, Vandeputte Oleochemicals completed the construction of the world’s largest linseed oil plant, ASVA, in the Rostov region. This plant is the joint venture of ASTON (Russia) and Vandeputte Oleochemicals. It focuses on technological processing for double pressing linseed oil extraction having a production capacity of around 450 tons per day allowing the company to cater to a greater global demand.
In September 2021, Croda International Plc. opened its crop care product validation center in Brazil for facilitating product development, strengthening its position in the agrochemical market. This strategic development will help in boosting the market of linseed oil owing to its applications in crop care products.
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Linseed Oil Market Scope
