10:30 | 18.10.2017
Linseed Oil Market Size Worth $939 Million by 2025 | CAGR: 3.0%: Grand View Research, Inc.
SAN FRANCISCO, October 18, 2017 /PRNewswire/ — The global linseed oil market [http://www.grandviewresearch.com/industry-analysis/linseed-oil-market?utm_source=pressrelease&utm_medium=referral&utm_campaign=Prnewswire_Oct19&utm_content=Content ] is expected to be valued at USD 939 million by 2025, according to a new report by Grand View Research, Inc. Linseed oil is naturally derived from dried flax seeds by the process of pressing and solvent extraction. Increasing investments in plant facilities for the production of flaxseeds are projected to propel the market over the foreseeable period. (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) Linseed oil is largely used for manufacturing products such as paints, putty, wood finish, nutritional supplement, food processing, flooring, and linoleum. It is used as a drying oil in wood varnish finishing pigment binder in oil paints due to its fast drying, bonding, and film forming properties. Linseed is rich in nutrition and fiber content along with vitamins and essential fatty acids, which increase its demand in the market in nutritional supplements industry. Increasing suppliers of flax are expected to drive the market over the coming years. Growing awareness regarding the use of flax oil for weight reduction, healthy hair, and dandruff removal is projected to propel the market growth. The rising number of R&D activities and mergers & acquisitions carried out by companies, such as Archer Daniels Midland (ADM) Company, Cargill, Incorporated, and Henry Lamotte Oils GmbH, to enhance the product portfolio is projected to propel the market over the next eight years. Growing crop harvest, yield, and production of oil from flaxseed crop in the U.S. are projected to spur the North American regional segment. Browse full research report with TOC on “Linseed Oil Market Analysis By Application (Paints & Varnishes, Flooring, Processed Food, Cosmetics, Pharmaceuticals), By Region (North America, Europe, Asia Pacific, CSA, MEA), And Segment Forecasts, 2014 – 2025” at: http://www.grandviewresearch.com/industry-analysis/linseed-oil-market [http://www.grandviewresearch.com/industry-analysis/linseed-oil-market?utm_source=pressrelease&utm_medium=referral&utm_campaign=Prnewswire_Oct19&utm_content=Content ] Further Key Findings From the Report Suggest:
Photo: http://photos.prnewswire.com/prnh/20160524/371361LOGOGrand View Research, Inc.
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