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Epoxidized Soybean Oil Market Size, Share and Forecast 2026-2036

The global epoxidized soybean oil market is worth USD 538 mn in 2026 and is forecast to reach USD 781 mn by 2036, growing at a 3.8% CAGR. China is the largest country market and Flexible PVC compounds is the largest by application segment.

USD 538 mnMarket size 2026
USD 781 mnForecast 2036
3.8%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global epoxidized soybean oil market is worth USD 538 mn in 2026 and is forecast to reach USD 781 mn by 2036, growing at a 3.8% CAGR. China is the largest country market and Flexible PVC compounds is the largest by application segment.

ScopeEpoxidized soybean oil used as a plasticizer and heat stabilizer in flexible PVC, food-contact gaskets, coatings, adhesives and lubricants.
IndustryFood and Beverage
Value 2025USD 520 mn
Value 2026USD 538 mn
Value 2036USD 781 mn
CAGR 2026-20363.8%
Volume 2026356,897 tonnes
Volume 2036446,535 tonnes
Average price 2026USD 1,508 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Epoxidized Soybean Oil market size and forecast, 2026-2036

Exhibit 1The global epoxidized soybean oil market is forecast to grow from USD 538 mn in 2026 to USD 781 mn by 2036, a rise of 45%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 3.8%
Epoxidized Soybean Oil market value, 2025 to 2036Market value by year. 2025: USD 520 mn; 2026: USD 538 mn; 2027: USD 559 mn; 2028: USD 580 mn; 2029: USD 602 mn; 2030: USD 625 mn; 2031: USD 649 mn; 2032: USD 673 mn; 2033: USD 699 mn; 2034: USD 725 mn; 2035: USD 753 mn; 2036: USD 781 mn. Compound annual growth rate 2026 to 2036: 3.8%.2025538 mn2026649 mn2031781 mn20363.8% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 538 mn
2027USD 559 mn
2028USD 580 mn
2029USD 602 mn
2030USD 625 mn
2031USD 649 mn
2032USD 673 mn
2033USD 699 mn
2034USD 725 mn
2035USD 753 mn
2036USD 781 mn

Epoxidized Soybean Oil market segmentation

By application

Exhibit 2Flexible PVC compounds is the largest segment by application, with 46.0% of 2026 revenueEstimated share of 2026 global revenue, by application
Epoxidized Soybean Oil market share by application, 2026Share of 2026 revenue by application. Flexible PVC compounds: 46.0%; Coatings, adhesives and sealants: 20.0%; Lubricants and other: 18.0%; Food-contact gaskets and closures: 16.0%.Flexible PVC compounds46.0%Coatings, adhesives and sealants20.0%Lubricants and other18.0%Food-contact gaskets and closures16.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Flexible PVC compounds46.0%44.7%USD 248 mn3.5%
Food-contact gaskets and closures16.0%15.5%USD 86 mn3.5%
Coatings, adhesives and sealants20.0%21.4%USD 108 mn4.5%
Lubricants and other18.0%18.4%USD 97 mn4.0%

By grade

Exhibit 3Industrial adds the most revenue by grade, growing from USD 334 mn in 2026 to USD 470 mn by 2036Estimated revenue in USD by grade, 2026 and 2036 forecast
Epoxidized Soybean Oil market by grade, 2026 and 2036Revenue by grade in 2026 and 2036. Industrial: USD 334 mn in 2026, USD 470 mn in 2036, change +41%; Food-contact: USD 129 mn in 2026, USD 195 mn in 2036, change +51%; Medical and pharmaceutical: USD 75 mn in 2026, USD 117 mn in 2036, change +55%.20262036 forecastChangeIndustrial+41%334 mn470 mnFood-contact+51%129 mn195 mnMedical and pharmaceutical+55%75 mn117 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Industrial62.0%60.1%USD 334 mn3.5%
Food-contact24.0%24.9%USD 129 mn4.2%
Medical and pharmaceutical14.0%15.0%USD 75 mn4.5%

By end use industry

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Packaging and food contact28.0%27.0%USD 151 mn3.4%
Building and construction26.0%26.0%USD 140 mn3.8%
Automotive and transport16.0%15.0%USD 86 mn3.1%
Wires and cables14.0%14.0%USD 75 mn3.8%
Consumer goods and toys16.0%18.0%USD 86 mn5.0%

By function

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Plasticiser44.0%40.0%USD 237 mn2.8%
Heat stabiliser36.0%38.0%USD 194 mn4.4%
Acid scavenger and reactive diluent20.0%22.0%USD 108 mn4.8%

By feedstock

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Conventional soybean oil76.0%70.0%USD 409 mn3.0%
Non-GMO or certified soybean oil16.0%18.0%USD 86 mn5.0%
Recycled and bio-circular oil8.0%12.0%USD 43 mn8.1%

Top 25 countries for epoxidized soybean oil by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 75.5% of 2026 revenue and the 25 countries below together hold 91.4%.

Exhibit 4China is the largest country market at USD 151 mn in 2026, and the three largest countries hold 48.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Epoxidized Soybean Oil market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 151 mn, 28.0%; United States: USD 75 mn, 14.0%; India: USD 32 mn, 6.0%; Germany: USD 32 mn, 6.0%; Japan: USD 24 mn, 4.5%; South Korea: USD 22 mn, 4.0%; Italy: USD 19 mn, 3.5%; Brazil: USD 19 mn, 3.5%; Turkey: USD 16 mn, 3.0%; France: USD 16 mn, 3.0%.China151 mn 28.0%United States75 mn 14.0%India32 mn 6.0%Germany32 mn 6.0%Japan24 mn 4.5%South Korea22 mn 4.0%Italy19 mn 3.5%Brazil19 mn 3.5%Turkey16 mn 3.0%France16 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 151 mn28.0%USD 227 mn4.2%
2United StatesUSD 75 mn14.0%USD 103 mn3.2%
3IndiaUSD 32 mn6.0%USD 55 mn5.6%
4GermanyUSD 32 mn6.0%USD 43 mn2.9%
5JapanUSD 24 mn4.5%USD 31 mn2.6%
6South KoreaUSD 22 mn4.0%USD 30 mn3.5%
7ItalyUSD 19 mn3.5%USD 25 mn2.9%
8BrazilUSD 19 mn3.5%USD 28 mn4.1%
9TurkeyUSD 16 mn3.0%USD 25 mn4.5%
10FranceUSD 16 mn3.0%USD 21 mn2.7%
11MexicoUSD 13 mn2.5%USD 20 mn3.8%
12United KingdomUSD 12 mn2.1%USD 17 mn3.9%
13RussiaUSD 9.9 mn1.8%USD 14 mn3.9%
14IndonesiaUSD 8.5 mn1.6%USD 12 mn3.9%
15SpainUSD 7.3 mn1.4%USD 11 mn3.9%
16ThailandUSD 6.3 mn1.2%USD 9.2 mn3.9%
17TaiwanUSD 5.4 mn1.0%USD 8.0 mn3.9%
18CanadaUSD 4.7 mn0.9%USD 6.8 mn3.8%
19PolandUSD 4.0 mn0.7%USD 5.8 mn3.8%
20VietnamUSD 3.4 mn0.6%USD 5.6 mn5.0%
21NetherlandsUSD 3.0 mn0.6%USD 4.3 mn3.8%
22MalaysiaUSD 2.5 mn0.5%USD 3.7 mn3.8%
23ArgentinaUSD 2.2 mn0.4%USD 3.2 mn3.8%
24Saudi ArabiaUSD 1.9 mn0.3%USD 2.7 mn3.8%
25BelgiumUSD 1.6 mn0.3%USD 2.3 mn3.8%
Rest of worldUSD 46 mn8.6%USD 66 mn3.6%
Exhibit 5China and United States account for 43% of the USD 243 mn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Epoxidized Soybean Oil market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 538 mn. China: +USD 77 mn; United States: +USD 28 mn; India: +USD 23 mn; Germany: +USD 11 mn; Brazil: +USD 9.3 mn; 20 other countries: +USD 76 mn; Rest of world: +USD 20 mn. Market value 2036: USD 781 mn.Market value 2026538 mnChina+77 mnUnited States+28 mnIndia+23 mnGermany+11 mnBrazil+9.3 mn20 other countries+76 mnRest of world+20 mnMarket value 2036781 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Arkema
  • Galata Chemicals
  • Valtris Specialty Chemicals

Group 2: Regional and specialist players

  • Adeka
  • Emery Oleochemicals
  • Hairma Chemicals
  • Reagens
  • Baerlocher
  • Chemson

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the epoxidized soybean oil market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 3.8% is calculated from the resulting values.

The market is divided by application, by grade, by end use industry, by function, by feedstock. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the epoxidized soybean oil market?

The global epoxidized soybean oil market is estimated at USD 520 mn in 2025 and USD 538 mn in 2026.

How fast will the epoxidized soybean oil market grow?

It is forecast to reach USD 781 mn by 2036, a compound annual growth rate of 3.8% from 2026, an increase of USD 243 mn.

Which country is the largest market for epoxidized soybean oil?

China is the largest market by revenue at USD 151 mn in 2026, 28.0% of the global total. The three largest countries together hold 48.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 5.6% a year from 2026 to 2036.

Which epoxidized soybean oil segment is largest?

In the by application split, Flexible PVC compounds is the largest segment with 46.0% of 2026 revenue.

Who are the leading epoxidized soybean oil companies?

Global leaders include Arkema, Galata Chemicals, Valtris Specialty Chemicals.

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