Epoxidized Soybean Oil Market to Grow at 7.5% CAGR by 2032

Global Epoxidized Soybean Oil (ESBO) Plasticizer Market is experiencing significant expansion, with its valuation reaching USD 836 million in 2023 and projected to grow at a CAGR of 7.50%, reaching approximately USD 1602.81 million by 2032. This growth trajectory is primarily attributed to rising demand for sustainable plasticizers across diverse industries, particularly in packaging and consumer goods where regulatory pressures are driving phthalate alternatives.
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Epoxidized Soybean Oil (ESBO) Plasticizer Market, Global Outlook and Forecast 2025-2032
Epoxidized Soybean Oil Plasticizer Report Overview ESBO is manufactured from soybean oil through the process of epoxidation. It is been used widely as plasticizer because of high numbers of epoxidized carbon-carbon double bonds. The epoxide group is more reactive due…
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