BRASSYLIC ACID MARKET ANALYSIS

Brassylic Acid Market, By Raw Material Type (Paraffin Oil and Vegetable Oil (Crambe Oil, Rapeseed Oil, and Others)), By Production Method (Chemical and Fermentation), By Application (Fragrances, Adhesives, Plastics, Lubricants, and Other Polymers & Copolymers), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Brassylic Acid Market: Recent Developments

In 2020, Evonik, a company for engineered polymer technology headquartered in Germany, announced that it had launched a new manufacturing center for 3D printing in Texas intending to grow its business in the field of additive manufacturing. This has helped the company to increase its product offerings on the market by gaining a competitive edge in the U.S. markets.
In 2020, U.S.-based biotechnology company Cibus announced that it had developed a non-GMO method for producing high-Purity brassylic acid from canola plants. This method could potentially provide a more sustainable and cost-effective source of the acid compared to traditional methods.