Linseed Oil Market - Forecasts from 2018 to 2023
Linseed Oil market is projected to grow at a CAGR of 2.70% to reach US$863.514 million by 2023, from US$735.907 million in 2017. Rising demand from paints and coatings industry is one of the major drivers of linseed (flaxseed) oil market. Growing awareness about medicinal benefits of linseed oil is further boosting the demand across pharmaceuticals and cosmetics industry worldwide. Increasing investments in flaxseed production will act as a contributing factor to the growth of linseed oil market during the forecast period. Geographically, North America will witness a significant market growth on account of favorable government policies regarding the production of oilseeds in the region along with high awareness regarding the benefits of linseed oil for various applications.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Linseed Oil value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Linseed Oil market.
Major industry players profiled as part of the report are Gustav Heess GmbH, Cargill, Incorporated, Archer Daniels Midland Company, Henry Lamotte OILS GmbH, and AOS PRODUCTS among others.
Linseed Oil market has been analyzed through following segments:
Paints and Coatings
Middle East and Africa
Gustav Heess GmbH
Archer Daniels Midland Company
Henry Lamotte OILS GmbH
Natural Factors Inc.