Press Release

Erucic Acid Market to Grow with a CAGR of 3.81% through 2030

Surge in research and development activities is expected to drive the Global Erucic Acid Market growth in the forecast period, 2026-2030.

 

According to TechSci Research report, “Erucic Acid Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Erucic Acid Market stood  at 260 thousand tons in 2024 and is anticipated to project steady growth in the forecast period with a CAGR of 3.81% through 2030. The growth of the global erucic acid market is primarily driven by several key factors, including rising demand from the food and beverage industry, the expanding personal care and cosmetics sector, and its increasing use in pharmaceutical and industrial applications. Additionally, the market is benefiting from the broader shift toward sustainable and bio-based products, as well as favorable geographic trends such as population growth and accelerating industrialization across various regions.

The surge in research and development (R&D) activities is emerging as a significant driver of growth in the global erucic acid market. Increased R&D efforts are enabling the discovery of new applications and enhancing the performance characteristics of erucic acid across various industries, including pharmaceuticals, cosmetics, food processing, and industrial manufacturing. Innovations in extraction technologies, purification processes, and formulation techniques are improving the quality, efficiency, and cost-effectiveness of erucic acid production, making it more attractive to manufacturers.

The global erucic acid market is undergoing a dynamic transformation in response to evolving industry demands and shifting consumer preferences. The increasing emphasis on sustainability, the adoption of natural ingredients, and the pursuit of innovative applications are key drivers propelling market growth and diversification. As various industries continue to explore the versatile potential of erucic acid, its role is expected to become increasingly prominent across a broad spectrum of applications. With rising demand for sustainable and environmentally responsible raw materials, erucic acid primarily sourced from rapeseed oil emerges as a highly compatible solution.

 

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The Global Erucic Acid Market is segmented into source, grade, application, regional distribution, and company.

Based on Application, Rubber have emerged as the fastest growing segment in the Global Erucic Acid Market in 2024. The rising demand for high-performance rubber materials across the automotive, industrial, and consumer goods sectors has accelerated the adoption of erucic acid-based additives. Additionally, as manufacturers shift toward more sustainable and bio-based ingredients, erucic acid derived from renewable sources such as rapeseed oil offers an environmentally friendly alternative to synthetic chemicals traditionally used in rubber processing. This alignment with global sustainability trends, coupled with its functional benefits, is driving rapid growth in the rubber segment of the erucic acid market.

Based on Region, North America have emerged as the fastest growing region in the Global Erucic Acid Market in 2024. This is driven by the region’s strong industrial base, increasing demand for bio-based chemicals, and growing emphasis on sustainability. The United States and Canada are witnessing rising utilization of erucic acid in key industries such as lubricants, polymers, cosmetics, and pharmaceuticals, where there is a clear shift toward natural and renewable raw materials. The region also benefits from well-established research and development infrastructure, which supports innovation in erucic acid applications and enhances its commercial viability. 


Major companies operating in Global Erucic Acid Market are:

  • Bunge Limited
  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Perdue Farms
  • Vantage Specialty Chemicals, Inc.
  • Godrej Industries Limited
  • Wilmar International Limited 

 

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Nanotechnology is emerging as a transformative force in the global erucic acid market, offering new avenues for enhancing the functionality and value of erucic acid across various end-use industries. By incorporating nanoscale technologies, manufacturers are able to improve the delivery, stability, and performance of erucic acid in applications ranging from cosmetics and pharmaceuticals to advanced industrial materials. In the personal care and cosmetics sector, nanotechnology enables the development of nanoemulsions and encapsulated formulations that enhance the absorption and bioavailability of erucic acid on the skin and hair. This not only improves product efficacy but also allows for controlled release and longer-lasting effects, aligning with consumer demand for high-performance, science-backed formulations”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Erucic Acid Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Source (Rapeseed Oil, Canola, Tame Mustard, Fish, Others), By Grade (Low, High), By Application (Plastic, Printing Ink, Personal Care, Rubber, Pharmaceuticals, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global Erucic Acid Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Erucic Acid Market.


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