Reportlinker Adds US Soy Chemicals Market

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NEW YORK-(Business Wire)-September 24, 2009 - Reportlinker.com announces that a new market research report is available in its catalogue.

Reportlinker Adds US Soy Chemicals Market

http://www.reportlinker.com/p0148905/Reportlinker-Adds-US-Soy-Chemicals-Market.html

US demand to grow 8% annually through 2013

US demand for soy chemicals is forecast to increase eight percent per year to $3.5 billion in 2013. Historically, soy has been consumed primarily in the food market as an ingredient or additive. In this application, soy proteins are widely used to contribute desirable appearance and textural properties. As an added bonus, soy ingredients enhance the nutritional profile of foods by boosting the protein content.

Industrial markets for soy ingredients to emerge

While soy ingredients will continue to penetrate the food and beverage industry, industrial markets (e.g., biodiesel, paints and lubricants) will also emerge. Growth in industrial markets will be the result of continued intense research and development activities among soy industry participants, and a growing desire by government and business to reduce dependence on imports of crude oil. Utilization of a renewable resource and a favorable environmental profile are factors promoting the development and use of soy-based industrial products. Historically, soy chemicals were used sparingly throughout industrial markets, as they faced a significant cost disadvantage compared to petroleum-based alternatives, which benefitted from low and stable pricing during much of the 1990s. While support from both government and business to reduce US reliance on imports of crude oil initiated interest for soy chemicals in industrial markets, another boost to the soy industry came from significant increases in petroleum pricing during the middle part of this decade, when manufacturers quickly became interested in finding reasonably priced petroleum alternatives.

Key biodiesel outlet to slow as producers diversify

During the past decade, biodiesel has gone from barely existing as an outlet for soy chemicals to the single largest market in 2008. Demand for methyl soyate in biodiesel is driven by environmental concerns, and government incentives to find renewable resources and an alternative fuel. While biodiesel will continue to provide opportunities for soy chemicals, demand will begin to slow as biodiesel producers diversify into other renewable feedstocks to reduce dependency on one particular product.

Smaller volume industrial markets to grow the fastest

Among other industrial end uses, more favorable opportunities will arise in relatively smaller volume markets, such as adhesives, lubricants and consumer wax. In these market, soy chemicals demand will be driven by environmental concerns and the development of improved products; for example, soy protein flour can be utilized in the production of wood adhesives. Industrial lubricant applications for soy chemicals (e.g., industrial soybean oil) include the manufacture of greases, metalworking fluids and transformer oils. In consumer wax applications, soy waxes are rapidly penetrating the commercial candle market due to their clean burn and ability to hold a high fragrance loading.

Study coverage

This new industry study, Soy Chemicals, presents historical data (1998, 2003, 2008) plus forecasts for 2013 and 2018 by product (e.g., epoxidized soybean oil, glycerine, industrial soybean oil, lecithin, methyl soyate, polyols, proteins, sucrose esters, isoflavones, vitamin E, waxes) and by market (e.g., biodiesel, consumer wax products, paints and coatings, food and beverages, cosmetics and toiletries, pharmaceuticals, plastics and rubber, printing inks). In addition, market share is provided for leading soy chemical suppliers, along with an overview of merger and acquisition activity, competitive strategies, regulatory issues and the macroeconomy. Profiles of 26 soy chemical producers, such as Cargill, Archer-Daniels-Midland and Ag Processing, are also included.

TABLE OF CONTENTS

INTRODUCTION viii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

Macroeconomic Environment 5

Demographic Trends 9

Consumer Spending Outlook 12

Manufacturing Outlook 14

Motor Vehicle Overview 17

Soybean Processing Overview 21

Crude Soybean Products 25

Refined Soybean Products 26

Environmental & Regulatory Issues 28

Farm Bill 31

Genetically Modified Crops Debate 32

Pricing Trends 33

Pricing Patterns: Soybeans vs Crude Oil 35

Historical Market Trends 39

Foreign Trade 41

Soybeans 41

Crude Soy Products 43

Soy Chemicals 45

International Activity 46

III. PRODUCTS 48

General 48

Soybean Oil Derivatives 51

Methyl Soyate 54

Epoxidized Products 57

Waxes 59

Fatty Acids 61

Sucrose Esters 63

Polyols 65

Other Soybean Oil Derivatives 67

Natural Extracts 70

Vitamin E 72

Isoflavones 74

Lecithin 76

Other Natural Extracts 79

Refined Industrial Soybean Oil 81

Other Soy Chemicals 84

IV. MARKETS 88

General 88

Biodiesel 91

Biodiesel Industry Outlook 92

Soy Chemicals Demand 95

Foods & Beverages 98

Food & Beverage Industry Outlook 99

Soy Chemicals Demand 102

Demand by Product 104

Demand by Application 105

Plastics 107

Plastics Industry Outlook 108

Soy Chemicals Demand 110

Demand by Product & Application 111

Demand by Industry 114

Printing Inks & Toner 117

Printing Inks Industry Outlook 117

Soy Chemicals Demand 119

Cosmetics & Toiletries 122

Cosmetics & Toiletries Industry Outlook 123

Soy Chemicals Demand 125

Candles 127

Candles Industry Outlook 128

Soy Chemicals Demand 129

Other 131

Lubricants 132

Pharmaceuticals 134

Adhesives & Sealants 135

Paints & Coatings 137

All Other 139

V. INDUSTRY STRUCTURE 141

General 141

Market Share 145

Archer-Daniels-Midland 146

Ag Processing 147

Cargill 147

Other 148

Competitive Strategies 148

Cooperative Agreements 151

Manufacturing 155

Marketing 156

Distribution 158

Research & Development 160

Company Profiles 161

Acme-Hardesty Company 162

Ag Environmental Products LLC, see Ag Processing

Ag Processing Incorporated 163

Archer-Daniels-Midland Company 164

Arkema SA 167

Ashland Incorporated 168

BioBased Technologies LLC 170

Bunge Limited 171

Cara Plastics Incorporated 172

Cargill Incorporated 174

Chemtura Corporation 176

Chevron Phillips Chemical Company LLC 177

Cognis Deutschland GmbH & Company KG 178

Columbus Foods Company 180

Dow Chemical Company 181

DuPont (EI) de Nemours 182

Eco Safety Incorporated 184

Elevance Renewable Sciences Incorporated 186

Emery Oleochemicals LLC, see PTT Chemical Public

Ferro Corporation 187

Griffin Industries Incorporated 188

Hercules Incorporated, see Ashland

Lambent Technologies, see Petroferm

Louis Dreyfus SAS 190

Ohio Decorative Products Incorporated 191

Owensboro Grain Company 192

Petroferm Incorporated 193

Procter & Gamble Company 194

PTT Chemical Public Company Limited 195

Renewable Lubricants Incorporated 196

Solae LLC, see Bunge Limited and DuPont (EI)

de Nemours

Soy Technologies LLC 198

SoyaWax International Incorporated 199

Stepan Company 200

Urethane Soy Systems Company Incorporated 202

Vertec BioSolvents Incorporated 203

Woodbridge Foam Corporation 204

Additional Companies 206

LIST OF TABLES

SECTION I — EXECUTIVE SUMMARY 3

Summary Table

SECTION II — MARKET ENVIRONMENT

1 Macroeconomic Indicators 9

2 Population & Households 12

3 Personal Consumption Expenditures 14

4 Manufacturers’ Shipments 17

5 Motor Vehicle Indicators 20

6 Soybean Processing Overview 23

7 Crude Soybean Product Demand 26

8 Refined Soy Product Demand 28

9 Selected Soybean Chemical Pricing Trends 35

10 Soy Chemicals Historical Market, 1998-2008 40

11 Soybean Supply & Demand 43

12 Crude Soy Supply & Demand 44

SECTION III – PRODUCTS

1 Soy Chemicals Demand 50

2 Soybean Oil Derivatives Demand by Type 53

3 Methyl Soyate Demand 56

4 Epoxidized Products Demand 59

5 Waxes Demand 61

6 Fatty Acids Demand 63

7 Sucrose Esters Demand 65

8 Polyols Demand 67

9 Other Soybean Oil Derivatives Demand 70

10 Natural Extracts Demand by Type 71

11 Vitamin E Demand 74

12 Isoflavones Demand 76

13 Lecithin Demand 79

14 Other Natural Extracts Demand 81

15 Refined Industrial Soybean Oil Demand 84

16 Other Soy Chemicals Demand 87

SECTION IV – MARKETS

1 Soy Chemicals Demand by Market 90

2 Biodiesel Supply & Demand 94

3 Biodiesel Market for Soy Chemicals 98

4 Food & Beverage Shipments 102

5 Food & Beverage Markets for Soy Chemicals 103

6 Food & Beverage Market: Soy Chemicals Demand

by Product 104

7 Food & Beverage Market: Soy Chemicals Demand

by Application 107

8 Plastics Industry Indicators 110

9 Plastics Market for Soy Chemicals 111

10 Plastics Market: Soy Chemicals Demand

by Product & Application 113

11 Plastics Market: Soy Chemicals Demand by Industry 117

12 Printing Inks Production 119

13 Printing Inks Market for Soy Chemicals 122

14 Cosmetics & Toiletries Shipments 124

15 Cosmetics & Toiletries Market for Soy Chemicals 127

16 Candle Shipments 129

17 Candle Market for Soy Chemicals 130

18 Other Markets for Soy Chemicals 132

19 Lubricant Markets for Soy Chemicals 134

20 Adhesives & Sealants Market for Soy Chemicals 136

SECTION V — INDUSTRY STRUCTURE

1 US Soy Chemicals Sales by Company, 2008 144

2 Selected Cooperative Agreements 153

LIST OF CHARTS

SECTION II — MARKET ENVIRONMENT

1 Soybean Processing Overview 24

2 Pricing Comparison: Soybeans vs Crude Oil 38

3 Soy Chemicals Historical Market, 1998-2008 40

SECTION III – PRODUCTS

1 Soy Chemicals Demand by Product, 2008 50

2 Soybean Oil Derivatives Demand by Type, 2008 54

3 Natural Extracts Demand by Type, 2008 72

SECTION IV – MARKETS

1 Soy Chemicals Demand by Market, 2008 91

SECTION V— INDUSTRY STRUCTURE

1 US Soy Chemicals Market Share, 2008 146

To order this report:

Reportlinker Adds US Soy Chemicals Market

http://www.reportlinker.com/p0148905/Reportlinker-Adds-US-Soy-Chemicals-Market.html

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