Global Linseed Oil Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global linseed oil market in its upcoming report titled, “Global Linseed Oil Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global linseed oil market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global linseed oil market report has been segmented on the basis of application, and region.
Linseed oil is derived from dry seeds of flax plants by crushing and solvent extraction process. It is also known as flaxseed oil. Linseed oils are majorly used in production of various products such as paints, floorings, food processing, linoleum, putty, wood finish, and natural supplement. The oil manufactured by using cold pressing method is safe for human as well as animal condition.
Increasing demand for linseed oil from paints and coatings industry which is used as a varnish and drying lubricant is a key factor expected to drive growth of the global market over the forecast period. In addition, rising awareness among individuals regarding the medical benefits of linseed oils resulting in increasing its usage in manufacturing nutritional supplements, which is another factor expected to fuel growth of the target market. Moreover, linseed oils help to reduce risk of cancer and cardiovascular diseases, it protects from osteoporosis and stabilizes hormonal imbalance. Which are expected to support the growth of this market in the near future.
However, linseed oils may cause eye or skin irritation due to their contact is a key factor expected to restrain growth of the global market over the forecast period. In addition, linoleum is replaced by PVC, which is expected to hamper growth of the target market.
Increasing demand for linseed oils and rising number of Research and Development activities regarding the production of linseed oil which are used in various end-use applications are expected to create lucrative opportunities for players operated in the target market globally.
The market in North America dominates the global market in terms of revenue over the forecast period, owing to increasing demand for wooden products and increasing investment in harvesting activities for flaxseed production especially in the US. The market in Europe is expected to account for second-highest revenue share in the target market, owing to increasing health concern and rising medical and cosmetics sector in various countries in the region. The market in Asia Pacific is expected to account for significant growth, owing to increasing demand for linseed oils in various end-use industries such as paint and food processing industries in developing countries such as China and India.
Global linseed oil market segmentation:
Segmentation by application:
- Paints and varnishes
- Processed food
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Krishi Oils Limited
- Gustav Heess GmbH
- Linolie Danmark Aps
- Henry Lamotte Oils GmbH
- WS Lloyd Ltd.
- Natrol, LLC.
- Cargill Inc.
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