Soy-Based Chemicals Market Size, Share, Development, Growth Till 2022
The global soy-based chemicals market is driven by worldwide concern over environmental consequence and consumer preference towards industrial ecology, eco efficiency and demand for green chemicals.
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The most widespread soybean derivatives include soy-milk and soy-oil. These are extensively used in food and beverage industry, owing to their high nutrient content. Soy-protein concentrate, flakes and isolates can be compounded with synthetic plastics, such as poly lactic acid; and polycaprolactone to extract chemicals, such as polyols, methyl soyate, waxes, thermoset plastics, elastomer, plasticiser, rubber compounds, isoflavones and other oleochemicals that are utilized to make edible films or moulded products, such as bio-degradable plastics, shopping bags and soaps.
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These soy-based chemicals find their use across various industries, such as food and beverage, plastic and polymers, cosmetics, paints and coatings, hydrogels and adhesive. Other industries include soy-based lubricant, soy ink, soy crayon and biodiesel.
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P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence.
Jan 05, 2017