Methyl Soyate Market is likely to register double digit CAGR during 2018-2026

Methyl soyate is a biobased solvent made from soybean oil. It is an excellent replacement for petrochemical solvents. Methyl soyate is a golden-clear fluid with mild butter-like odor. It is also known as methyl esters of soybean oil, palm methyl ester, SME, and soybean oil methyl ester. It offers numerous advantages over traditional solvents. Methyl soyate is manufactured by the transesterification of soy oil esters. It is a mixture of long chain fatty acid methyl esters. Methyl soyate is used in the cytosol process, which is a procedure used in the removal and recovery of spilled crude oil, generally from coastal and inland spill sites.

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Methyl soyate is commonly used as biodiesel, specifically in North America. It is a non-ozone-depleting chemical, which is readily biodegradable. It leads to low level of VOCs. Methyl soyate can be used to formulate various types of products. It provides effective solvency with Kauri-butanol (KB) value of 58. This high Kauri-butanol value can potentially swell synthetic and natural rubber when used in excess of 5% in formulae. Methyl soyate is also compatible with other organic solvents. Methyl soyate is primarily used as biodiesel. As an alternative fuel, biodiesel can substitute for petroleum diesel without engine modifications. Methyl soyate can be used in place of more expensive and less environmentally-friendly organic solvents such as glycol ethers and Tridecanol (TDA).

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The global methyl soyate market can be segmented based on application and region. In terms of application, the methyl soyate market can be divided on the basis of industrial solvent and others. In industrial solvents, it finds application in parts cleaners, carrier solvents, and resin removers. Other applications include car care products, paint strippers, and hand cleaners. Methyl soyate is also used as carrier solvent, despite being an ingredient in cleaners and strippers to replace chlorinated or petroleum products.

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