Global Blown Rapeseed Oil Market Insights Forecasts to 2033 

• The Global Blown Rapeseed Oil Market Size was Valued at USD 2.3 Billion in 2023
• The Market Size is Growing at a CAGR of 4.58% from 2023 to 2033
• The Worldwide Blown Rapeseed Oil Market Size is Expected to Reach USD 3.6 Billion by 2033  
• Asia Pacific is Expected to Grow the fastest during the forecast period. 

The Global Blown Rapeseed Oil Market Size is anticipated to exceed USD 3.6 Billion by 2033, Growing at a CAGR of 4.58% from 2023 to 2033.  The blown rapeseed oil market is growing due to increasing demand for sustainable, eco-friendly solutions for lubricants, coatings, and adhesives. Its superior viscosity and oxidative stability make it an ideal fit for industrial applications, while environmental regulations are pushing the market further.

Market Overview

Blown rapeseed oil is a modified rapeseed oil that is obtained through blowing air through the oil in a process that raises its viscosity and oxidative stability. It has wide industrial applications like lubricants, coatings, and adhesives with good adhesion durability, and eco-friendliness. Moreover, the blown rapeseed oil market is the most vital to potential growth because it is versatile and eco-friendly. Growing demand for industrial applications of sustainable lubricants, adhesives, and coatings expands the market. Its improved performance characteristics in terms of higher viscosity and durability make it a popular choice in various sectors. Furthermore, increasing environmental regulations and a shift towards bio-based solutions further support its adoption, which makes blown rapeseed oil one of the major players in sustainable industrial innovation. Industrial applications are driving the blown rapeseed oil market due to the growing demand for biodegradable and sustainable solutions. Also, opportunities lie in increasing usage of eco-friendly adhesives and coatings, while trends focus on advanced modification techniques and increased adoption in emerging markets.

Report Coverage

This research report categorizes the global blown rapeseed oil market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global blown rapeseed oil market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global blown rapeseed oil market.  

Driving Factors

Rising industrial applications of blown rapeseed oil include lubricants, adhesives, and coatings, primarily due to their eco-friendly, biodegradable nature. Growing environmental regulation demands bio-based alternatives, as performance characteristics such as increased viscosity and durability provide better traction for the use of the same. Advances in air-blowing technology and industry growth in developing economies support the growth in this space further. For instance, In July 2022, the Repsol Foundation, a business accelerator, chose Nuspec Oil, out of four other start-ups, to get a year's worth of financial support and test opportunities with Repsol. The company, Nuspec Oil, is aimed at commercializing rapeseed oil as well as developing bio-based base oils.

Moreover, in April 2024, Researchers at the Oil Crops Research Institute of the Chinese Academy of Agricultural Sciences produced a new rapeseed variety that boosts yields to nearly 50 percent over normal levels. This crop will further China's self-sufficiency in vegetable oils and help protect against unforeseen disruptions in production. With a harvested yield of 11.07 kg per hectare, the new crop offers an oil output of some 4.89 kg per hectare.

Restraints & Challenges

The blown rapeseed oil market faces issues such as unstable raw material prices, less availability of quality rapeseed, and competition from alternative bio-based oils. Moreover, the complexity of the air-blowing process and the need for significant technological investments may limit the growth of the market, especially in cost-sensitive regions.

Market Segmentation

The global blown rapeseed oil market share is classified into type and application.

• The oxidized blown rapeseed oil segment is expected to hold the largest share of the global blown rapeseed oil market during the forecast period.                              

Based on type, the global blown rapeseed oil market is categorized as emulsifiable rapeseed oil, oxidized blown rapeseed oil. Among these, the oxidized blown rapeseed oil segment is expected to hold the largest share of the global blown rapeseed oil market during the forecast period. Its dominant position is mainly due to its superior properties, for instance, greater viscosity better oxidative stability, and good industrial applications performance. The product gives excellent performance in lubricants, coatings, and adhesives, and more demand for durable as well as eco-friendly industrial solutions is increasing its adoption in oxidized blown rapeseed oil.  

• The chain oil segment is expected to grow at the fastest CAGR during the forecast period.       

Based on the application, the global blown rapeseed oil market is categorized as chain oil, and cutting oil. Among these, the chain oil segment is expected to grow at the fastest CAGR during the forecast period. This is because of the growing demand for biodegradable lubricants, particularly in forestry and agriculture. The high viscosity and oxidative stability of blown rapeseed oil make it the best lubricant for chain lubrication under challenging conditions. Furthermore, its adoption is also spurred by growth in machinery and agricultural sectors.  

Regional Segment Analysis of the Global Blown Rapeseed Oil Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Europe is projected to hold the largest share of the global blown rapeseed oil market over the forecast period.

Europe is projected to hold the largest share of the global blown rapeseed oil market over the forecast period. This growth is mainly driven by stringent environmental regulations that favor the development of sustainable, bio-based oils. Its well-developed industrial base, including lubricants, coatings, and adhesives, especially in Europe, further accelerates the demand. Supporting government policies for renewable and biodegradable materials are also positive factors that make the region a great market for blown rapeseed oil.  

Asia Pacific is expected to grow at the fastest CAGR growth of the global blown rapeseed oil market during the forecast period. The growth is driven by the rapid industrialization of China and India, which creates demand for green lubricants and coatings. Growing environmental awareness and the shift toward more sustainable products are also driving market growth. Furthermore, government policies encouraging renewable and biodegradable materials further drive the adoption of blown rapeseed oil in the region.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global blown rapeseed oil market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Cargill, Incorporated
• BASF SE
• DSM Nutritional Products
• Wilmar International Limited
• Ostara Nutrient Recovery Technologies
• Clariant International Ltd.
• Vanguard Oil & Chemical Co., Ltd.
• The Dow Chemical Company
• Oleon NV
• Adani Wilmar Ltd.
• EP Minerals, LLC
• Sappi Lanaken Mill
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global blown rapeseed oil market based on the below-mentioned segments: 

Global Blown Rapeseed Oil Market, By Type

• Emulsifiable Rapeseed Oil
• Oxidized Blown Rapeseed Oil

Global Blown Rapeseed Oil Market, By Application

• Chain Oil
• Cutting Oil

Global Blown Rapeseed Oil Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa