Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Linseed Oil Market
Linseed Oil Market size surpassed USD 2.85 billion in 2021 and is estimated to grow at over 5.5% CAGR between 2021 and 2028. Increasing cultivator attention towards the linseed oil in regular farming practices owing to increasing nutrition consciousness among consumers will propel the product demand. Linseed oil is rich in nutritional contents, which include fats and omega fatty acids, among several others. It is used in various end-use industries such as paints & varnishes, cosmetics, food, animal nutrition, and pharmaceuticals.
Linseed oil is used as a carrier in paint formulations. Additional traits that make the paints more desirable and enhances the product quality. It consists of antioxidants that help to maintain the skin’s moisture content and keeps under concerned parameters. This has boosted the market penetration into the cosmetic segment. The changing consumer perception toward natural ingredients due to the increasing awareness about chemical additives is promoting market growth.
Report Attribute | Details |
---|---|
Base Year: | 2021 |
Linseed Oil Market Size in 2021: | 2.85 Billion (USD) |
Forecast Period: | 2022 to 2028 |
Forecast Period 2022 to 2028 CAGR: | 5.5% |
2028 Value Projection: | 4.25 Billion (USD) |
Historical Data for: | 2017 to 2028 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 193 |
Segments covered: | Product, Application |
Growth Drivers: |
|
Pitfalls & Challenges: |
|