Global Linoleic Acid Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Linoleic Acid market:
The latest research study on the global Linoleic Acid market finds that the global Linoleic Acid market reached a value of USD 59.9 million in 2022. It’s expected that the market will achieve USD 100.83 million by 2028, exhibiting a CAGR of 9.07% during the forecast period.

Linoleic acid is a kind of unsaturated fatty acid, and it is the main component of drying oil and semi-drying oil such as linseed oil and cottonseed oil. The content of several vegetable oils is relatively high; it accounts for 76%-83% of the total fatty acids of safflower seed oil, 40-60% of the total fatty acids of walnut oil, cottonseed oil, sunflower seed oil, and sesame oil, and accounts for walnut oil and peanut oil, The total fatty acid of olive oil is about 25%. The content of linoleic acid in animal fat is generally low, such as 1.8% for tallow and 6% for lard.

Influence of COVID-19 Outbreak on Linoleic Acid Industry Development
At the beginning of an outbreak, work is usually delayed and the normal production of the company is affected. For companies in some areas where the epidemic is relatively mild and can start operations normally, even if they start operations at normal times, they will face insufficient supply of raw materials, resulting in lower than normal capacity utilization. The spread of epidemics caused by transportation will affect normal cargo transportation. According to data, the incubation period of the new coronavirus that caused this epidemic is about 7-14 days. In many countries, there are many cases of transmission in long-distance buses, trains, airplanes and other transportation vehicles. Therefore, areas with more severe epidemics have taken certain measures to control transportation. The supply side is under a lot of pressure

Similarly, demand on the demand side has been suppressed due to the government's shutdown policy and the high infectiousness of COVID-19. It has been half a year since the Covid-19 outbreak, and the number of confirmed cases is still increasing. It has now exceeded 4,000,000, and there is no clear turning point yet. Many countries have restarted their economies under the pressure of the economic downturn. However, considering the highly contagious nature of COVID-19, COVID-19 may break out for the second time at the end of this year. In fact, some European countries are experiencing the second outbreak of the epidemic. The epidemic will increase corporate financial risks, or trigger corresponding default risks, financial risks, etc. The industry may experience negative growth this year.

Strength
Wide range of uses
In terms of food, linoleic acid has the effects of lowering blood lipids, softening blood vessels, lowering blood pressure, and promoting microcirculation. It can prevent or reduce the incidence of cardiovascular diseases, especially for hypertension, hyperlipidemia, angina pectoris, coronary heart disease, atherosclerosis The prevention and treatment of atherosclerosis, senile obesity, etc. are extremely beneficial, and has the health effect of preventing and treating atherosclerosis and cardiovascular diseases.
In industry, linoleic acid is used to make quick-drying oil, which can be used in paints and varnishes. These applications take advantage of the simple reaction of linoleic acid with oxygen in the air, resulting in cross-linking and forming a stable film called linoleic acid. Reducing linoleic acid can produce linoleol. In addition, studies have shown that linoleic acid has anti-inflammatory, acne reduction, whitening and moisturizing properties when applied topically on the skin.

Weakness
Threat of New entrant
The benefits of linoleic acid to the human body and its wide range of uses have made downstream demand more and more vigorous, creating profitable opportunities for operating companies. With the continuous growth of downstream demand, especially in the application of food and beverage, other companies may enter the industry to compete. The industry’s market concentration is not high, and new entrants with strong capital background, professional team and mature marketing strategy will pose threat.
Environmental protection risks
With the continuous improvement of society’s awareness of environmental protection and the continuous strengthening of national environmental protection work, more stringent environmental protection standards may be introduced in the future, and higher environmental protection requirements are put forward for chemical companies. China is an example. As the fastest growing emerging economy, China has begun to pay attention to the ecological environment in recent years. In order to resolutely curb the illegal dumping of solid waste and ensure the safety of the Yangtze River's ecological environment, the Ministry of Ecology and Environment launched the "Special Action Against Solid Waste Environmental Illegal Activities" on May 9, 2018, called the "2018 Demolition Action". The inspection team of the "2018 Waste Removal Action" conducted a week-long inspection in 11 provinces (cities). Before the end of June 2018, chemical plants and chemical plants still in environmentally sensitive areas will be cancelled in accordance with the law; chemical companies within 1 km from the production line must move out and enter the compliance area.
The improvement of environmental protection standards requires companies to further increase investment in environmental protection and increase operating costs, which may have a certain impact on the company's profit level. In addition, if the company's sewage treatment fails to meet the standards, and waste gas leakage causes environmental pollution accidents, the company will face administrative penalties and the risk of suspension of production for rectification, which will adversely affect the company's performance.

Region Overview:
From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:
Oleon is one of the major players operating in the Linoleic Acid market, holding a share of 15.82% in 2023.

Oleon
Oleon has been one of the manufacturers of oleochemicals since the 1950s. They focus on converting natural oils into a variety of oleochemical products, such as fatty acids, glycerol, esters, dimers, industrial oils, specialty oleochemicals and biodiesel. Oleon's headquarters are located in Etwild near Ghent, Belgium. They have two production bases (Ertvelde and Oelegem) in Belgium, one in Germany (Emerich), one in Compiègne (France), and two in Port Klang (Malaysia). Oleon buys raw materials from all over the world and exports its final products to more than 100 countries.

KLK OLEO
KLK OLEO's products range from basic oleochemical products, such as fatty acids, glycerin, fatty alcohols and fatty esters, to special products such as sulfonated methyl esters, surfactants and phytonutrients. Their products are used for a variety of end-uses, including household and personal health care, cosmetics and toiletries, food, fragrances and fragrances, lubricants and industrial chemicals.

Segmentation Overview:
By type, Food and Beverages segment accounted for the largest share of market in 2022.

Application Overview:
By application, the Food Grade segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Linoleic Acid market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Linoleic Acid market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Linoleic Acid and its sub-markets in an intuitive way.

Key Companies in the global Linoleic Acid market covered in Chapter 3:
Caila and Pares
Oleon
Eastman
KLK OLEO
Acme Synthetic Chemicals
Univar Solutions
PMC Biogenix
Fairchem

In Chapter 4 and Chapter 14.2, on the basis of types, the Linoleic Acid market from 2018 to 2029 is primarily split into:
Food Grade
Industry Grade
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Linoleic Acid market from 2018 to 2029 covers:
Cosmetics
Paints and Coatings
Food and Beverages
Adhesives
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Linoleic Acid market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029