The global epoxidized soybean oil (ESBO) market value is projected to reach USD 0.3 Billion and the market volume is projected to reach 279.4 kilotons by 2020The ESBO market in Europe is projected to register the fastest growth rates in the world. This is mainly attributed to the growth of food & beverage, healthcare & pharmaceuticals, and adhesives & sealants end-user industries in the emerging and developed economies such as Germany, France, the U.K, Italy and Turkey. Europe is the third largest market, in terms of value, for ESBO with a share of more than 20% of the global ESBO market in 2014. Germany is the main contributor to the ESBO market in Europe. The dominance of Germany in the market for ESBO in the region is owed to its growing population, growing demand of phthalate free PVC compounds, favorable investment policies, and stringent governmental norms. Continuous industrialization and growth in the manufacturing sector in Europe has led to the increasing consumption of ESBO in applications such as plasticizers and UV cure.