Sebacic Acid Market Size To Hit USD 327.3 Million By 2025 : Grand View Research Inc.
San Francisco, 22 October 2019: The Report Sebacic Acid Market Size, Share & Trends Analysis Report By Application (Cosmetics, Lubricants, Polymers, Lubricants), By Region (North America, Europe, LATAM, APAC, MEA), And Segment Forecast, 2018 – 2025 The global sebacic acid market size is projected to reach USD 327.3 million by 2025, according to a new report by Grand View Research, Inc. The global market is projected to register a CAGR of 3.7% during the forecast period. Increasing demand for new and improved cosmetics and rising demand for bio-degradable polymers in automotive, packaging, and other industries is driving market. Sebacic acid is one of the most popular cosmetic ingredients, as it is classified under non-hazardous chemicals and has multiple properties to suit skin care products, such as sun-screens, foundations, and concealers. Rising demand for cosmetics and increasing awareness about these products, mainly through social media, has led to the growth of t