Please wait.'

Page is loading'


Home  > Markets & companies  > Raw materials market  > U.S. demand for soy chemicals to grow

Friday, 20 September 2019
pdf
Markets & companies, Raw materials market

U.S. demand for soy chemicals to grow

Tuesday, 29 September 2009

Demand for soy chemicals is expected to increase 7.8 % per year to USD 2.7 billion in 2013.

Soy chemicals are finding greater use in a variety of markets including paint and coatings. Quelle: erdquadrat/ www.fotolia

Soy chemicals are finding greater use in a variety of markets including paint and coatings. Quelle: erdquadrat/ www.fotolia

Demand for soy chemicals is forecast to increase 7.8 % per year to USD 2.7 billion in 2013 in the United States of America. The success of the soy chemicals industry is dependent on the continued penetration of biodiesel, as well as the adoption of alternatives to traditional, petrochemical-based materials in the manufacture of industrial products. These and other trends are presented in "Soy Chemicals", a new study from The Freedonia Group Inc. Methyl soyate is by far the most established soy chemical. It is finding greater use as a solvent in a variety of markets including cleaning products and paint and coatings. Other soy oil derivatives, such as polyols, will benefit from corporate initiatives to use more renewable feedstocks, as well as from consumer demand for "greener" products, particularly in the plastics and paint and coatings markets.

top of page
Comments (0)
Add Comment

Post comment

You are not logged in

register