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.
| Scope | Epoxidized soybean oil used as a plasticizer and heat stabilizer in flexible PVC, food-contact gaskets, coatings, adhesives and lubricants. |
|---|---|
| Industry | Food and Beverage |
| Value 2025 | USD 520 mn |
| Value 2026 | USD 538 mn |
| Value 2036 | USD 781 mn |
| CAGR 2026-2036 | 3.8% |
| Volume 2026 | 356,897 tonnes |
| Volume 2036 | 446,535 tonnes |
| Average price 2026 | USD 1,508 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Epoxidized Soybean Oil market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 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 |
Epoxidized Soybean Oil market segmentation
By application
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Flexible PVC compounds | 46.0% | 44.7% | USD 248 mn | 3.5% |
| Food-contact gaskets and closures | 16.0% | 15.5% | USD 86 mn | 3.5% |
| Coatings, adhesives and sealants | 20.0% | 21.4% | USD 108 mn | 4.5% |
| Lubricants and other | 18.0% | 18.4% | USD 97 mn | 4.0% |
By grade
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Industrial | 62.0% | 60.1% | USD 334 mn | 3.5% |
| Food-contact | 24.0% | 24.9% | USD 129 mn | 4.2% |
| Medical and pharmaceutical | 14.0% | 15.0% | USD 75 mn | 4.5% |
By end use industry
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Packaging and food contact | 28.0% | 27.0% | USD 151 mn | 3.4% |
| Building and construction | 26.0% | 26.0% | USD 140 mn | 3.8% |
| Automotive and transport | 16.0% | 15.0% | USD 86 mn | 3.1% |
| Wires and cables | 14.0% | 14.0% | USD 75 mn | 3.8% |
| Consumer goods and toys | 16.0% | 18.0% | USD 86 mn | 5.0% |
By function
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Plasticiser | 44.0% | 40.0% | USD 237 mn | 2.8% |
| Heat stabiliser | 36.0% | 38.0% | USD 194 mn | 4.4% |
| Acid scavenger and reactive diluent | 20.0% | 22.0% | USD 108 mn | 4.8% |
By feedstock
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Conventional soybean oil | 76.0% | 70.0% | USD 409 mn | 3.0% |
| Non-GMO or certified soybean oil | 16.0% | 18.0% | USD 86 mn | 5.0% |
| Recycled and bio-circular oil | 8.0% | 12.0% | USD 43 mn | 8.1% |
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%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 151 mn | 28.0% | USD 227 mn | 4.2% |
| 2 | United States | USD 75 mn | 14.0% | USD 103 mn | 3.2% |
| 3 | India | USD 32 mn | 6.0% | USD 55 mn | 5.6% |
| 4 | Germany | USD 32 mn | 6.0% | USD 43 mn | 2.9% |
| 5 | Japan | USD 24 mn | 4.5% | USD 31 mn | 2.6% |
| 6 | South Korea | USD 22 mn | 4.0% | USD 30 mn | 3.5% |
| 7 | Italy | USD 19 mn | 3.5% | USD 25 mn | 2.9% |
| 8 | Brazil | USD 19 mn | 3.5% | USD 28 mn | 4.1% |
| 9 | Turkey | USD 16 mn | 3.0% | USD 25 mn | 4.5% |
| 10 | France | USD 16 mn | 3.0% | USD 21 mn | 2.7% |
| 11 | Mexico | USD 13 mn | 2.5% | USD 20 mn | 3.8% |
| 12 | United Kingdom | USD 12 mn | 2.1% | USD 17 mn | 3.9% |
| 13 | Russia | USD 9.9 mn | 1.8% | USD 14 mn | 3.9% |
| 14 | Indonesia | USD 8.5 mn | 1.6% | USD 12 mn | 3.9% |
| 15 | Spain | USD 7.3 mn | 1.4% | USD 11 mn | 3.9% |
| 16 | Thailand | USD 6.3 mn | 1.2% | USD 9.2 mn | 3.9% |
| 17 | Taiwan | USD 5.4 mn | 1.0% | USD 8.0 mn | 3.9% |
| 18 | Canada | USD 4.7 mn | 0.9% | USD 6.8 mn | 3.8% |
| 19 | Poland | USD 4.0 mn | 0.7% | USD 5.8 mn | 3.8% |
| 20 | Vietnam | USD 3.4 mn | 0.6% | USD 5.6 mn | 5.0% |
| 21 | Netherlands | USD 3.0 mn | 0.6% | USD 4.3 mn | 3.8% |
| 22 | Malaysia | USD 2.5 mn | 0.5% | USD 3.7 mn | 3.8% |
| 23 | Argentina | USD 2.2 mn | 0.4% | USD 3.2 mn | 3.8% |
| 24 | Saudi Arabia | USD 1.9 mn | 0.3% | USD 2.7 mn | 3.8% |
| 25 | Belgium | USD 1.6 mn | 0.3% | USD 2.3 mn | 3.8% |
| Rest of world | USD 46 mn | 8.6% | USD 66 mn | 3.6% |
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.
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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