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Kenaf Seed Oil Market Research 2025 Report by Global Size, Share, Trends, Type, Application

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Rahul Sharma
Kenaf Seed Oil Market Research 2025 Report by Global Size, Share, Trends, Type, Application

The global Kenaf Seed Oil Market size is expected to register revenue of USD 257.3 million by 2025 and registering CAGR of 6.1% over the forecast period from 2019 to 2025, according to a new report by Million Insights. Bioactive compounds such as steroids, alkaloids, fatty acids and essential oils present in kenaf seed oil is projected to increase the demand for the product as a functional ingredient in the making of biofuel in the next few years.

 

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-kenaf-seed-oil-market/request-sample

 

Market Synopsis of Kenaf Seed Oil Market:

 

In 2018, lubricants and biofuel accounted for the largest market share and projected to grow with the fastest CAGR of over 6.0% from 2019 to 2025. Biofuels are gaining traction due to increasing global warming concern which is expected to increase the utilization of fossil fuels. In 2018, the Intergovernmental Panel on Climate Change (IPCC) reported that the global average temperature increased by 1.5 degrees delicious due to the increase in carbon dioxide in the atmosphere.

 

Governments across the world have taken initiatives to reduce the utilization of fossil fuels by promoting the adoption of biofuel. In the U.S. Environmental Protection Agency (EPA), the government has planned to produce 36 million gallons of biofuels per year, majorly biodiesel and ethanol by 2022. This initiative is anticipated to boost the demand for market over the forecast period.

 

Asia Pacific led the market, in 2018 and held the largest kenaf seed oil market share of over 67.0%. Government supportive policies to enhance the growth of the biofuel industry in several countries like India and China are projected to drive the application of kenaf seed oil.

 

The key players operating in this market are Advanced Biofuel Center; Chempro Technovation; Hemp, Inc.; and Shree Raghvendra Agro Processors.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-kenaf-seed-oil-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Kenaf Seed Oil: Market Variables, Trends & Scope              

Chapter 4 Kenaf Seed Oil: Product Estimates & Trend Analysis

Chapter 5 Kenaf Seed Oil: Application Estimates & Trend Analysis

Chapter 6 Kenaf Seed Oil: End-use Estimates & Trend Analysis

Chapter 7 Kenaf Seed Oil: Industrial End-use Estimates & Trend Analysis

Chapter 8 Kenaf Seed Oil: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Kenaf Seed Oil: Manufacturers Company Profiles

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