Undecanoic acid and sebacic acid derived from castor oil areamong the most dominant raw materials used in the production of bio based polyamide. Owing to the eco logical benefits, bio based polyamides are gaining acceptance and are anticipated to be the fastest growing product segment during the forecast period.
Asia Pacific dominates the global demand for bio-polyamide, specialty polyamide andprecursors and the trend is expected to continue during the forecast period.
Global Sebacic Acid Market is expected to witness prolific growth over the forecast period driven by increasing demand from end-use industries such as household, automotive, and aerospace.
Rising awareness regarding personal care & hygiene among consumers in regions such as Asia Pacific and Latin America is slated to positively impact market growth over the forecast period. The product finds wide application scope as a monomer for production of textiles, lubricants, candles, hydraulic fluids, and cosmetics.
A new surgical glue is based on a proprietary polymer that demonstrates superior biocompatibility, tunable bioresorbability and adjustable tissue adherence.
The Gecko Biomedical (Paris, France) SETALUM Sealant is a hydrophobic light-activated adhesive (HLAA) designed for both wet and dynamic environments as an add-on to sutures during minimally invasive vascular surgery.
Unique chemical and physical properties include high viscosity, hydrophobicity, and on demand curing. The adhesive, which is based on a mixture of easily metabolized glycerol and sebacic acid, can be brushed on a biological surface and set in seconds with a short application of ultraviolet (UV) light.
Sebaic Oman will start exporting sebacic acid from its $62 million plant in Duqm from Q1 2018, as it would become operational by the end of 2017.
Sebacic acid in powder form would be filled into flexi tanks in containers and exported from Port of Duqm to countries such as US, China and Japan and the equipment meant for the 30,000 tonnes/year plant had been arriving through the port.
German biodegradable and biobased plastics producer Bio-Fed has added renewable resource-based polyamide compounds, the “MVera ECS” products, to its portfolio. The main focus of Bio-Fed is on compostable and biodegradable plastic compounds for film applications as well as injection moulding.
The new PA 6.10 fulfils the standard definition of a bioplastic since it is made up of approximately 60% renewable resources. Castor oil, derived from the seeds of the plant Ricinuns communis, forms the basis of sebacic acid, which is the product’s renewable raw material content.
Port of Duqm has received the first containers from French shipping giant CMA CGM via the Oman Express Service operated by Oman Shipping Company through its subsidiary Oman Container Line.
The containers, which were loaded with project equipment for Sebacic Oman SAOC, soon to become the world’s largest Sebacic Acid plant in Duqm, originated from China and were transshipped via another regional port.
Port of Duqm received the containers at its early container terminal, from where they will be delivered to Sebacic Oman’s site.
Among the various castor oil derivatives, sebacic acid and dehydrated castor oil are one of the major revenue generators in the global castor oil market. Large scale adoption of sebacic acid in plasticizers, cosmetics, lubricants is catalysing its growth in the castor derivatives market.
Asia Pacific is the largest consumer of castor oil and is expected to retain the higher growth rate during the next few years due to strong growth in surface coatings, pharmaceuticals, and cosmetics industry.
Over the past few years, there has been an increase in demand for sebacic acid particularly for applications such as textiles, cosmetics, households and others. Increasing demand for textiles has escalated the growth of sebacic acid.
China is the leading producer of sebacic acid and exports around 100,000 metric tons. Owing to this, Asia-Pacific is estimated to be the largest market for Sebacic acid followed by Europe and North America.
The Special Economic Zone in a’ Duqm (SEZD) celebrated the laying of the foundation stone for OMR24 million Sebacic Oman Refinery Company for the production of Sebacic acid which is the first project of its kind in the Middle East.
The project will be built on a land area of about 400,000 square meters to produce the Sebacic acid, which is extracted from castor oil and enters in many of the chemical industry, manufacturers of plastics and medicines.
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 acid 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.