Sebacic Acid Market Size to Exceed 130 Kilo Tons By 2023

Sebacic acid size was estimated over 100 kilo tons in 2014 and is likely to exceed 130 kilo tons by 2023. Polyamide application witnessed the highest sebacic Sebacic_acid_3D_ballacid market consumption in 2014 and is likely to gain steady rates over the forecast period.

Shift in trend towards manufacturing biobased polymers from renewable sources is a key driver for the growth of sebacic acid market. Sebacic acid is used in wide applications such as cosmetics, plasticizers, biopolyamides production etc.

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Jamaica Conducting Study on Castor Oil Industry

Jamaica has undertaken a study on the local castor oil industry as the country moves to take advantage of a global market expected to value an estimated US$1.81 imagesbillion by 2020.

The study was commissioned by the Jamaica Promotions Corporation (JAMPRO) and examined recommendations for development and steps to capitalise on the Jamaica Black Castor Oil value chain.

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