Asia Pacific Soy Chemicals Market: By Product Type (Soybean Oil Derivatives, Natural Extracts from Soybean, Refined Industrial Soybean Oil) By End User (Biodiesel, Bioplastics, Oleo Chemicals, Surfactants, Paints & Coatings, Printing Inks, Polyol & Thermoplastics, Elastomers & Rubbers, Plasticizer, Others), and Country

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Asia Pacific Soy Chemicals Market size was at USD x billion in 2022 and is poised to grow at a significant CAGR x% over 2023-2029. The increasing demand for biodiesel and renewable plastics. In addition, technological advancement in biotechnology is one of the key driving factors for soy chemicals market over the past few years. Mergers and acquisitions, partnership, innovation, and collaboration are the some of the key strategies used by various players in the market. The main objective behind using this strategy is to expand their product portfolio, involves into strategic agreements, and use advanced technologies.

This will expand the geographic reach of the players and will help them maintain their position in the market. For instance, September 14, 2018 Cargill has reached an agreement to acquire Konspol, one of Poland's leading value-added food companies, providing an array of products in the chilled convenience, frozen and cold cut categories. Vendors are expected to focus on formation of strategic collaborations and partnerships in order to gain momentum in the Asia Pacific soy chemicals market. Additionally, vendors in the market are expected to offer a rich, unique product portfolio in order to gain consumers and market shares. For instance, Archer Daniels Midland (ADM) and Cargill have reached agreement to launch a joint venture to provide soybean meal and oil for customers in Egypt. The venture will own and operate the National Vegetable Oil Company soy crush facility in Borg Al-Arab along with related commercial and functional activities, including a separate Switzerland-based merchandising operation that will supply soybeans to the crush plant.

 

Asia Pacific Soy Chemicals Market Dynamics

Increase in petrochemical and crude oil prices in 2007-08 combined with rising environmental concerns generated several opportunities for sustainable/renewable raw materials. These factors suggest good prospects for soybeans-derived chemicals and create opportunities for the recently developed chemicals derived from sunflowers, corn, algae and other renewable sources. Market penetration of soy chemicals is likely to expand with continued hike in prices of petrochemicals and enhanced performance of soy chemicals over petrochemical-based materials. The health benefits as well as rising demand of natural ingredients for consumer products, including cosmetics is projected to bolster the market for natural extracts. Refined industrial soybean oil is projected to earn low revenues as the oil is used for saturated and declining application areas such as alkyd resins and newspaper inks.

Key Features of the Reports

  • The asia pacific soy chemicals market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Asia Pacific Soy Chemicals Market Segmentation

By Product Type
  • Soybean Oil Derivatives
  • Natural Extracts from Soybean
  • Refined Industrial Soybean Oil
  • Others
By End-User Industry
  • Biodiesel
  • Bio plastics
  • Oleo Chemicals
  • Surfactants
  • Paints & Coatings
  • Printing Inks
  • Polyol & Thermoplastics
  • Elastomers & Rubbers
  • Plasticizer
  • Others
By Country
  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific

Frequently Asked Questions

2022 is the base year and 2029 is the forecast year.

The report covers the asia pacific soy chemicals market data: China, India, Japan, Australia & New Zealand

The asia pacific soy chemicals market Ag Environmental Products LLC, The Dow Chemical Company, Cargill, Incorporated, Archer Daniels Midland Company, Columbus Foods Co.

1.Executive Summary
2. Asia Pacific Soy Chemicals Market Introduction 
2.1. Asia Pacific Soy Chemicals Market  - Taxonomy
2.2. Asia Pacific Soy Chemicals Market  - Definitions
2.2.1. By Product Type 
2.2.2. By End User
2.2.3. By Country
3. Asia Pacific Soy Chemicals Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Asia Pacific Soy Chemicals Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Asia Pacific Soy Chemicals Market  By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Soybean Oil Derivatives
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Natural Extracts from Soybean
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Refined Industrial Soybean Oil
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Others
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6. Asia Pacific Soy Chemicals Market  By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Biodiesel
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Bio plastics
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Oleo Chemicals
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Surfactants
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Paints & Coatings
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Printing Inks
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Polyol & Thermoplastics
6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
6.8. Elastomers & Rubbers
6.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.8.3. Market Opportunity Analysis 
6.9. Plasticizer
6.9.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.9.3. Market Opportunity Analysis 
6.10. Others
6.10.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.10.3. Market Opportunity Analysis 
7. Asia Pacific Soy Chemicals Market  By Country, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. China
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. India
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Australia and New Zealand (ANZ)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Japan
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Rest of APAC
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.China Soy Chemicals Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Product Type  Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Soybean Oil Derivatives
8.1.2.Natural Extracts from Soybean
8.1.3.Refined Industrial Soybean Oil
8.1.4.Others
8.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Biodiesel
8.2.2.Bio plastics
8.2.3.Oleo Chemicals
8.2.4.Surfactants
8.2.5.Paints & Coatings
8.2.6.Printing Inks
8.2.7.Polyol & Thermoplastics
8.2.8.Elastomers & Rubbers
8.2.9.Plasticizer
8.2.10.Others
9.India Soy Chemicals Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Soybean Oil Derivatives
9.1.2.Natural Extracts from Soybean
9.1.3.Refined Industrial Soybean Oil
9.1.4.Others
9.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Biodiesel
9.2.2.Bio plastics
9.2.3.Oleo Chemicals
9.2.4.Surfactants
9.2.5.Paints & Coatings
9.2.6.Printing Inks
9.2.7.Polyol & Thermoplastics
9.2.8.Elastomers & Rubbers
9.2.9.Plasticizer
9.2.10.Others
10.Australia and New Zealand (ANZ) Soy Chemicals Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Soybean Oil Derivatives
10.1.2.Natural Extracts from Soybean
10.1.3.Refined Industrial Soybean Oil
10.1.4.Others
10.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Biodiesel
10.2.2.Bio plastics
10.2.3.Oleo Chemicals
10.2.4.Surfactants
10.2.5.Paints & Coatings
10.2.6.Printing Inks
10.2.7.Polyol & Thermoplastics
10.2.8.Elastomers & Rubbers
10.2.9.Plasticizer
10.2.10.Others
11.Japan Soy Chemicals Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Soybean Oil Derivatives
11.1.2.Natural Extracts from Soybean
11.1.3.Refined Industrial Soybean Oil
11.1.4.Others
11.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Biodiesel
11.2.2.Bio plastics
11.2.3.Oleo Chemicals
11.2.4.Surfactants
11.2.5.Paints & Coatings
11.2.6.Printing Inks
11.2.7.Polyol & Thermoplastics
11.2.8.Elastomers & Rubbers
11.2.9.Plasticizer
11.2.10.Others
12.Rest of APAC Soy Chemicals Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Soybean Oil Derivatives
12.1.2.Natural Extracts from Soybean
12.1.3.Refined Industrial Soybean Oil
12.1.4.Others
12.2.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Biodiesel
12.2.2.Bio plastics
12.2.3.Oleo Chemicals
12.2.4.Surfactants
12.2.5.Paints & Coatings
12.2.6.Printing Inks
12.2.7.Polyol & Thermoplastics
12.2.8.Elastomers & Rubbers
12.2.9.Plasticizer
12.2.10.Others
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Cargill
13.2.2.Ag Environmental Products LLC
13.2.3.The Dow Chemical Company
13.2.4.Cargill
13.2.5.Incorporated
13.2.6.Archer Daniels Midland Company
13.2.7.Columbus Foods Co.
13.2.8.Bunge Limited
13.2.9.Eco Safety Products
13.2.10.Elevance Renewable Sciences Inc.
13.2.11.Vertec BioSolvents Inc
14. Research Methodology 
15. Appendix and Abbreviations 
  • Cargill
  • Ag Environmental Products LLC
  • The Dow Chemical Company
  • Cargill
  • Incorporated
  • Archer Daniels Midland Company
  • Columbus Foods Co.
  • Bunge Limited
  • Eco Safety Products
  • Elevance Renewable Sciences Inc.
  • Vertec BioSolvents Inc

Adjacent Markets