Linseed Oil Market Report 2026

The linseed oil market size has grown strongly in recent years. It will grow from $3.69 billion in 2025 to $3.91 billion in 2026 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to expansion of construction and furniture industries, traditional use of linseed oil in paints, growth of flaxseed cultivation, rising demand for natural binders, increasing use in animal feed.

The linseed oil market size is expected to see strong growth in the next few years. It will grow to $4.91 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing demand for bio-based coatings, rising consumption of omega-3 supplements, expansion of sustainable building materials, growing preference for organic edible oils, increasing use in eco-friendly paints. Major trends in the forecast period include growing demand for natural and organic oils, rising use of linseed oil in wood finishing, expansion of linseed oil in nutritional applications, increased focus on cold-pressed processing, enhanced demand from paint and coatings industry.

The growing paint and coating industry is expected to drive the expansion of the linseed oil market in the future. The paint and coating industry focuses on producing materials used to protect, decorate, and enhance surfaces in sectors such as construction, automotive, and industrial applications. This industry's growth is attributed to advancements in technology, rising demand for protective and decorative solutions in construction and automotive sectors, and an increasing focus on eco-friendly and sustainable products. Linseed oil contributes to the paint and coating industry by serving as a natural binder that boosts durability, provides a smooth finish, and enhances the drying and hardening properties of oil-based paints and coatings. For example, in October 2024, AkzoNobel, a Netherlands-based paint and coating manufacturer, reported a 1% increase in organic sales in the third quarter (Q3) of 2024 compared to the second quarter (Q2). This growth was driven by higher volumes in coatings, including significant growth in marine and protective coatings and moderate growth in powder coatings. Therefore, the rising demand in the paint and coating industry is contributing to the growth of the linseed oil market.

Companies in the linseed oil market are increasingly focusing on sustainability and direct-to-consumer (DTC) sales to enhance their market presence, minimize environmental impact, and improve customer engagement. These strategies help companies strengthen their competitive advantage and foster long-term growth. DTC sales enable companies to sell products directly to consumers, bypassing traditional retail channels, while sustainability efforts aim to reduce waste and incorporate renewable resources into production. For example, in March 2023, Archer Daniels Midland Company (ADM) launched the Knwble Grwn brand to offer consumers sustainably produced, plant-based food ingredients. The Knwble Grwn range includes flaxseed, hemp seed, flax oil, hemp oil, and quinoa, and these ingredients are marketed as healthy, sustainable food options.

In March 2023, Apollo Global Management, a US-based financial services company, acquired Univar Solutions for $8.1 billion. This acquisition aims to accelerate Univar's transformation and expansion in the specialty chemicals market by leveraging Apollo's vast resources and investment expertise. Univar Solutions is a US-based chemical manufacturing company specializing in the production and distribution of industrial chemicals and ingredients.

Major companies operating in the linseed oil market are Cargill Inc., Archer Daniels Midland Company, Spectrum Chemical Mfg. Corp., Natrol LLC., Bartoline Ltd., Palace Chemicals Ltd, ConnOils LLC., A.G. Industries, KH Chemicals, Falcon, Sunnyside Corporation, Alberdingk Boley GmbH, Henry Lamotte Oils GmbH, AOS Products Pvt. Ltd., Krishi Oils Limited, ECO Overseas, Gustav Hesse GmbH, Hangzhou Choisun Bio-tech Co. Ltd., Powafix, Sanmark Corp., Solvable, Jajjo Brothers, Jamieson Natural Sources, Vandeputte Group.

North America was the largest region in the linseed oil market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the linseed oil market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the linseed oil market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The linseed oil market consists of sales of cold-pressed linseed oil, stand oil, polymerized linseed oil, and linseed oil-based paints, varnishes, and dietary supplements. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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