The global market for Epoxidized Soybean Oil was estimated to be worth US$ 721 million in 2024 and is forecast to a readjusted size of US$ 1042 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Epoxidized Soybean Oil cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Epoxidized Soybean Oil (often abbreviated as ESBO or ESO) is a bio-based plasticizer and stabilizer derived from soybean oil through a chemical process called epoxidation, in which the carbon-carbon double bonds of unsaturated fatty acids in soybean oil are converted into epoxy groups (oxirane rings).
In 2024, global Epoxidized Soybean Oil sales reached approximately 562.9 K Tons, with an average global market price of around US$ 1,281 per ton.
The ESBO market is set for steady growth, tracking the expansion of flexible PVC demand and global phthalate substitution trends. While feedstock volatility (soybean oil, hydrogen peroxide) remains a challenge, sustainability, regulatory compliance, and end-user safety requirements will continue to strengthen ESBO's position in the plasticizer and stabilizer market. Producers that control upstream integration, ensure consistent quality (high oxirane oxygen, light color), and secure regulatory approvals are best positioned to capture growth.
Market Drivers
Phthalate restrictions & consumer safety concerns: Regulations (e.g., EU REACH, U.S. Prop 65, OEM substance restrictions) accelerate the adoption of ESBO as a phthalate-free stabilizer/plasticizer. Food packaging regulations: ESBO's approval in limited migration levels allows it to serve as a plasticizer in PVC closures for food and beverage packaging.
Market Trends
Shift toward bio-based plasticizers: Growing replacement of phthalates (DEHP, DBP, DOP) with safer, renewable alternatives such as ESBO. ESBO positioned as both eco-friendly and cost-competitive compared to specialty non-phthalates. Rising demand in flexible PVC applications: Wire & cable, films, synthetic leather, flooring, and packaging continue to dominate ESBO consumption. Stable demand from food-contact PVC liners and gaskets, subject to regional migration regulations.
Upstream and Downstream Market
Soybeans -> Soybean Oil: The main feedstock. Global supply is concentrated in the U.S., Brazil, Argentina, and China. Agricultural yields, weather patterns, and competing uses (edible oil, biodiesel/renewable diesel) strongly influence availability and price. Hydrogen Peroxide (H2O2): The oxidant for the epoxidation process, supplied by global chemical producers (e.g., Solvay, Evonik, Nouryon). Organic Acids (Acetic/Formic): Needed to form peracids for epoxidation; produced by large acetyl chain chemical companies (e.g., Celanese, BASF, INEOS).
PVC compounding (wire & cable, film, hose, profiles, medical/food-contact grades) ESBO is widely used as a secondary plasticizer and heat stabilizer in flexible PVC compounding. Examples: Teknor Apex, Orbia/Alphagary, Benvic, etc.
This report aims to provide a comprehensive presentation of the global market for Epoxidized Soybean Oil, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Epoxidized Soybean Oil by region & country, by Type, and by Application.
The Epoxidized Soybean Oil market size, estimations, and forecasts are provided in terms of sales volume (K Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Epoxidized Soybean Oil.
Market Segmentation
By Company
- Hairma Chemicals
- Cargill
- CHS
- BASF
- ADEKA
- Zhejiang Jiaao
- Dongguan Lingchuang
- Xinjinlong Chemical Additives
- Nan Ya Plastics
- Valtris Specialty Chemicals
- Chang Chun Group
- Baolilai Plastic Additives
- Galata Chemicals
- Longda Oil Technology
- Qingzhou Huadong
- Shenzhen Kaiqi Chemicals
Segment by Type
- Industrial Grade
- Food Grade
Segment by Classification
- PVC Plasticizer and Stabilizer
- Coatings and Paints
- Others
Segment by Application
- Packaging
- Industrial
- Automotive
- Building Materials
- Medical
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Epoxidized Soybean Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Epoxidized Soybean Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Epoxidized Soybean Oil in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Epoxidized Soybean Oil Product Introduction
- 1.2 Global Epoxidized Soybean Oil Market Size Forecast
- 1.2.1 Global Epoxidized Soybean Oil Sales Value (2020-2031)
- 1.2.2 Global Epoxidized Soybean Oil Sales Volume (2020-2031)
- 1.2.3 Global Epoxidized Soybean Oil Sales Price (2020-2031)
- 1.3 Epoxidized Soybean Oil Market Trends & Drivers
- 1.3.1 Epoxidized Soybean Oil Industry Trends
- 1.3.2 Epoxidized Soybean Oil Market Drivers & Opportunity
- 1.3.3 Epoxidized Soybean Oil Market Challenges
- 1.3.4 Epoxidized Soybean Oil Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Epoxidized Soybean Oil Players Revenue Ranking (2024)
- 2.2 Global Epoxidized Soybean Oil Revenue by Company (2020-2025)
- 2.3 Global Epoxidized Soybean Oil Players Sales Volume Ranking (2024)
- 2.4 Global Epoxidized Soybean Oil Sales Volume by Company Players (2020-2025)
- 2.5 Global Epoxidized Soybean Oil Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Epoxidized Soybean Oil Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Epoxidized Soybean Oil Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Epoxidized Soybean Oil
- 2.9 Epoxidized Soybean Oil Market Competitive Analysis
- 2.9.1 Epoxidized Soybean Oil Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Epoxidized Soybean Oil Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Epoxidized Soybean Oil as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Industrial Grade
- 3.1.2 Food Grade
- 3.2 Global Epoxidized Soybean Oil Sales Value by Type
- 3.2.1 Global Epoxidized Soybean Oil Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Epoxidized Soybean Oil Sales Value, by Type (2020-2031)
- 3.2.3 Global Epoxidized Soybean Oil Sales Value, by Type (%) (2020-2031)
- 3.3 Global Epoxidized Soybean Oil Sales Volume by Type
- 3.3.1 Global Epoxidized Soybean Oil Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Epoxidized Soybean Oil Sales Volume, by Type (2020-2031)
- 3.3.3 Global Epoxidized Soybean Oil Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Epoxidized Soybean Oil Average Price by Type (2020-2031)
4 Segmentation by Classification
- 4.1 Introduction by Classification
- 4.1.1 PVC Plasticizer and Stabilizer
- 4.1.2 Coatings and Paints
- 4.1.3 Others
- 4.2 Global Epoxidized Soybean Oil Sales Value by Classification
- 4.2.1 Global Epoxidized Soybean Oil Sales Value by Classification (2020 VS 2024 VS 2031)
- 4.2.2 Global Epoxidized Soybean Oil Sales Value, by Classification (2020-2031)
- 4.2.3 Global Epoxidized Soybean Oil Sales Value, by Classification (%) (2020-2031)
- 4.3 Global Epoxidized Soybean Oil Sales Volume by Classification
- 4.3.1 Global Epoxidized Soybean Oil Sales Volume by Classification (2020 VS 2024 VS 2031)
- 4.3.2 Global Epoxidized Soybean Oil Sales Volume, by Classification (2020-2031)
- 4.3.3 Global Epoxidized Soybean Oil Sales Volume, by Classification (%) (2020-2031)
- 4.4 Global Epoxidized Soybean Oil Average Price by Classification (2020-2031)
5 Segmentation by Application
- 5.1 Introduction by Application
- 5.1.1 Packaging
- 5.1.2 Industrial
- 5.1.3 Automotive
- 5.1.4 Building Materials
- 5.1.5 Medical
- 5.1.6 Others
- 5.2 Global Epoxidized Soybean Oil Sales Value by Application
- 5.2.1 Global Epoxidized Soybean Oil Sales Value by Application (2020 VS 2024 VS 2031)
- 5.2.2 Global Epoxidized Soybean Oil Sales Value, by Application (2020-2031)
- 5.2.3 Global Epoxidized Soybean Oil Sales Value, by Application (%) (2020-2031)
- 5.3 Global Epoxidized Soybean Oil Sales Volume by Application
- 5.3.1 Global Epoxidized Soybean Oil Sales Volume by Application (2020 VS 2024 VS 2031)
- 5.3.2 Global Epoxidized Soybean Oil Sales Volume, by Application (2020-2031)
- 5.3.3 Global Epoxidized Soybean Oil Sales Volume, by Application (%) (2020-2031)
- 5.4 Global Epoxidized Soybean Oil Average Price by Application (2020-2031)
6 Segmentation by Region
- 6.1 Global Epoxidized Soybean Oil Sales Value by Region
- 6.1.1 Global Epoxidized Soybean Oil Sales Value by Region: 2020 VS 2024 VS 2031
- 6.1.2 Global Epoxidized Soybean Oil Sales Value by Region (2020-2025)
- 6.1.3 Global Epoxidized Soybean Oil Sales Value by Region (2026-2031)
- 6.1.4 Global Epoxidized Soybean Oil Sales Value by Region (%), (2020-2031)
- 6.2 Global Epoxidized Soybean Oil Sales Volume by Region
- 6.2.1 Global Epoxidized Soybean Oil Sales Volume by Region: 2020 VS 2024 VS 2031
- 6.2.2 Global Epoxidized Soybean Oil Sales Volume by Region (2020-2025)
- 6.2.3 Global Epoxidized Soybean Oil Sales Volume by Region (2026-2031)
- 6.2.4 Global Epoxidized Soybean Oil Sales Volume by Region (%), (2020-2031)
- 6.3 Global Epoxidized Soybean Oil Average Price by Region (2020-2031)
- 6.4 North America
- 6.4.1 North America Epoxidized Soybean Oil Sales Value, 2020-2031
- 6.4.2 North America Epoxidized Soybean Oil Sales Value by Country (%), 2024 VS 2031
- 6.5 Europe
- 6.5.1 Europe Epoxidized Soybean Oil Sales Value, 2020-2031
- 6.5.2 Europe Epoxidized Soybean Oil Sales Value by Country (%), 2024 VS 2031
- 6.6 Asia Pacific
- 6.6.1 Asia Pacific Epoxidized Soybean Oil Sales Value, 2020-2031
- 6.6.2 Asia Pacific Epoxidized Soybean Oil Sales Value by Region (%), 2024 VS 2031
- 6.7 South America
- 6.7.1 South America Epoxidized Soybean Oil Sales Value, 2020-2031
- 6.7.2 South America Epoxidized Soybean Oil Sales Value by Country (%), 2024 VS 2031
- 6.8 Middle East & Africa
- 6.8.1 Middle East & Africa Epoxidized Soybean Oil Sales Value, 2020-2031
- 6.8.2 Middle East & Africa Epoxidized Soybean Oil Sales Value by Country (%), 2024 VS 2031
7 Segmentation by Key Countries/Regions
- 7.1 Key Countries/Regions Epoxidized Soybean Oil Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 7.2 Key Countries/Regions Epoxidized Soybean Oil Sales Value and Sales Volume
- 7.2.1 Key Countries/Regions Epoxidized Soybean Oil Sales Value, 2020-2031
- 7.2.2 Key Countries/Regions Epoxidized Soybean Oil Sales Volume, 2020-2031
- 7.3 United States
- 7.3.1 United States Epoxidized Soybean Oil Sales Value, 2020-2031
- 7.3.2 United States Epoxidized Soybean Oil Sales Value by Type (%), 2024 VS 2031
- 7.3.3 United States Epoxidized Soybean Oil Sales Value by Application, 2024 VS 2031
- 7.4 Europe
- 7.4.1 Europe Epoxidized Soybean Oil Sales Value, 2020-2031
- 7.4.2 Europe Epoxidized Soybean Oil Sales Value by Type (%), 2024 VS 2031
- 7.4.3 Europe Epoxidized Soybean Oil Sales Value by Application, 2024 VS 2031
- 7.5 China
- 7.5.1 China Epoxidized Soybean Oil Sales Value, 2020-2031
- 7.5.2 China Epoxidized Soybean Oil Sales Value by Type (%), 2024 VS 2031
- 7.5.3 China Epoxidized Soybean Oil Sales Value by Application, 2024 VS 2031
- 7.6 Japan
- 7.6.1 Japan Epoxidized Soybean Oil Sales Value, 2020-2031
- 7.6.2 Japan Epoxidized Soybean Oil Sales Value by Type (%), 2024 VS 2031
- 7.6.3 Japan Epoxidized Soybean Oil Sales Value by Application, 2024 VS 2031
- 7.7 South Korea
- 7.7.1 South Korea Epoxidized Soybean Oil Sales Value, 2020-2031
- 7.7.2 South Korea Epoxidized Soybean Oil Sales Value by Type (%), 2024 VS 2031
- 7.7.3 South Korea Epoxidized Soybean Oil Sales Value by Application, 2024 VS 2031
- 7.8 Southeast Asia
- 7.8.1 Southeast Asia Epoxidized Soybean Oil Sales Value, 2020-2031
- 7.8.2 Southeast Asia Epoxidized Soybean Oil Sales Value by Type (%), 2024 VS 2031
- 7.8.3 Southeast Asia Epoxidized Soybean Oil Sales Value by Application, 2024 VS 2031
- 7.9 India
- 7.9.1 India Epoxidized Soybean Oil Sales Value, 2020-2031
- 7.9.2 India Epoxidized Soybean Oil Sales Value by Type (%), 2024 VS 2031
- 7.9.3 India Epoxidized Soybean Oil Sales Value by Application, 2024 VS 2031
8 Company Profiles
- 8.1 Hairma Chemicals
- 8.1.1 Hairma Chemicals Company Information
- 8.1.2 Hairma Chemicals Introduction and Business Overview
- 8.1.3 Hairma Chemicals Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.1.4 Hairma Chemicals Epoxidized Soybean Oil Product Offerings
- 8.1.5 Hairma Chemicals Recent Development
- 8.2 Cargill
- 8.2.1 Cargill Company Information
- 8.2.2 Cargill Introduction and Business Overview
- 8.2.3 Cargill Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.2.4 Cargill Epoxidized Soybean Oil Product Offerings
- 8.2.5 Cargill Recent Development
- 8.3 CHS
- 8.3.1 CHS Company Information
- 8.3.2 CHS Introduction and Business Overview
- 8.3.3 CHS Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.3.4 CHS Epoxidized Soybean Oil Product Offerings
- 8.3.5 CHS Recent Development
- 8.4 BASF
- 8.4.1 BASF Company Information
- 8.4.2 BASF Introduction and Business Overview
- 8.4.3 BASF Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.4.4 BASF Epoxidized Soybean Oil Product Offerings
- 8.4.5 BASF Recent Development
- 8.5 ADEKA
- 8.5.1 ADEKA Company Information
- 8.5.2 ADEKA Introduction and Business Overview
- 8.5.3 ADEKA Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.5.4 ADEKA Epoxidized Soybean Oil Product Offerings
- 8.5.5 ADEKA Recent Development
- 8.6 Zhejiang Jiaao
- 8.6.1 Zhejiang Jiaao Company Information
- 8.6.2 Zhejiang Jiaao Introduction and Business Overview
- 8.6.3 Zhejiang Jiaao Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.6.4 Zhejiang Jiaao Epoxidized Soybean Oil Product Offerings
- 8.6.5 Zhejiang Jiaao Recent Development
- 8.7 Dongguan Lingchuang
- 8.7.1 Dongguan Lingchuang Company Information
- 8.7.2 Dongguan Lingchuang Introduction and Business Overview
- 8.7.3 Dongguan Lingchuang Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.7.4 Dongguan Lingchuang Epoxidized Soybean Oil Product Offerings
- 8.7.5 Dongguan Lingchuang Recent Development
- 8.8 Xinjinlong Chemical Additives
- 8.8.1 Xinjinlong Chemical Additives Company Information
- 8.8.2 Xinjinlong Chemical Additives Introduction and Business Overview
- 8.8.3 Xinjinlong Chemical Additives Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.8.4 Xinjinlong Chemical Additives Epoxidized Soybean Oil Product Offerings
- 8.8.5 Xinjinlong Chemical Additives Recent Development
- 8.9 Nan Ya Plastics
- 8.9.1 Nan Ya Plastics Company Information
- 8.9.2 Nan Ya Plastics Introduction and Business Overview
- 8.9.3 Nan Ya Plastics Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.9.4 Nan Ya Plastics Epoxidized Soybean Oil Product Offerings
- 8.9.5 Nan Ya Plastics Recent Development
- 8.10 Valtris Specialty Chemicals
- 8.10.1 Valtris Specialty Chemicals Company Information
- 8.10.2 Valtris Specialty Chemicals Introduction and Business Overview
- 8.10.3 Valtris Specialty Chemicals Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.10.4 Valtris Specialty Chemicals Epoxidized Soybean Oil Product Offerings
- 8.10.5 Valtris Specialty Chemicals Recent Development
- 8.11 Chang Chun Group
- 8.11.1 Chang Chun Group Company Information
- 8.11.2 Chang Chun Group Introduction and Business Overview
- 8.11.3 Chang Chun Group Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.11.4 Chang Chun Group Epoxidized Soybean Oil Product Offerings
- 8.11.5 Chang Chun Group Recent Development
- 8.12 Baolilai Plastic Additives
- 8.12.1 Baolilai Plastic Additives Company Information
- 8.12.2 Baolilai Plastic Additives Introduction and Business Overview
- 8.12.3 Baolilai Plastic Additives Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.12.4 Baolilai Plastic Additives Epoxidized Soybean Oil Product Offerings
- 8.12.5 Baolilai Plastic Additives Recent Development
- 8.13 Galata Chemicals
- 8.13.1 Galata Chemicals Company Information
- 8.13.2 Galata Chemicals Introduction and Business Overview
- 8.13.3 Galata Chemicals Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.13.4 Galata Chemicals Epoxidized Soybean Oil Product Offerings
- 8.13.5 Galata Chemicals Recent Development
- 8.14 Longda Oil Technology
- 8.14.1 Longda Oil Technology Company Information
- 8.14.2 Longda Oil Technology Introduction and Business Overview
- 8.14.3 Longda Oil Technology Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.14.4 Longda Oil Technology Epoxidized Soybean Oil Product Offerings
- 8.14.5 Longda Oil Technology Recent Development
- 8.15 Qingzhou Huadong
- 8.15.1 Qingzhou Huadong Company Information
- 8.15.2 Qingzhou Huadong Introduction and Business Overview
- 8.15.3 Qingzhou Huadong Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.15.4 Qingzhou Huadong Epoxidized Soybean Oil Product Offerings
- 8.15.5 Qingzhou Huadong Recent Development
- 8.16 Shenzhen Kaiqi Chemicals
- 8.16.1 Shenzhen Kaiqi Chemicals Company Information
- 8.16.2 Shenzhen Kaiqi Chemicals Introduction and Business Overview
- 8.16.3 Shenzhen Kaiqi Chemicals Epoxidized Soybean Oil Sales, Revenue, Price and Gross Margin (2020-2025)
- 8.16.4 Shenzhen Kaiqi Chemicals Epoxidized Soybean Oil Product Offerings
- 8.16.5 Shenzhen Kaiqi Chemicals Recent Development
9 Industry Chain Analysis
- 9.1 Epoxidized Soybean Oil Industrial Chain
- 9.2 Epoxidized Soybean Oil Upstream Analysis
- 9.2.1 Key Raw Materials
- 9.2.2 Raw Materials Key Suppliers
- 9.2.3 Manufacturing Cost Structure
- 9.3 Midstream Analysis
- 9.4 Downstream Analysis (Customers Analysis)
- 9.5 Sales Model and Sales Channels
- 9.5.1 Epoxidized Soybean Oil Sales Model
- 9.5.2 Sales Channel
- 9.5.3 Epoxidized Soybean Oil Distributors
10 Research Findings and Conclusion
11 Appendix
- 11.1 Research Methodology
- 11.1.1 Methodology/Research Approach
- 11.1.1.1 Research Programs/Design
- 11.1.1.2 Market Size Estimation
- 11.1.1.3 Market Breakdown and Data Triangulation
- 11.1.2 Data Source
- 11.1.2.1 Secondary Sources
- 11.1.2.2 Primary Sources
- 11.2 Author Details
- 11.3 Disclaimer