Linseed Oil Market Report 2025

This Linseed Oil Market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The linseed oil market size has grown strongly in recent years. It will grow from $3.49 billion in 2024 to $3.72 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth during the historic period can be attributed to factors such as the rising use of linseed oil in the paint and coating industry, increased demand in the cosmetic and beauty sectors, growing consumption in the food industry, higher demand from pharmaceuticals, and the tightening of regulatory requirements. Additionally, the boom in the nutraceutical sector has also contributed to this growth.

The linseed oil market size is expected to see strong growth in the next few years. It will grow to $4.72 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth during the forecast period can be attributed to factors such as increased research and development, expansion of the aquaculture feed industry, growing interest in functional foods, higher disposable income, and greater use in industrial applications. Key trends in this period include technological advancements, diverse industrial applications, rising demand for organic products, innovation in product development, and a growing consumer preference for omega-3 sources.

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 players 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, and Vandeputte Group.

North America was the largest region in the linseed oil market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in linseed oil report are Asia-Pacific, 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, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Linseed oil is a natural oil derived from the seeds of the flax plant through cold pressing or solvent extraction. It is commonly used in wood finishing, as a binder in oil paints, and in varnish production due to its ability to form a hard, protective coating when exposed to air. Additionally, linseed oil is recognized for its health benefits, being rich in omega-3 fatty acids and often found in dietary supplements.

The main types of linseed oil include raw linseed oil, boiled linseed oil, double-boiled linseed oil, and others. Raw linseed oil is the unrefined version extracted from flax seeds, preserving most of its natural properties. Linseed oil can be categorized as either organic or conventional, and it is distributed through channels such as online retailers, grocery stores, wholesalers, and supermarkets. It has various uses in industries such as dietary food, pharmaceuticals, paint, textiles, leather, animal feed, personal care, processed food, and more.

The linseed oil market research report is one of a series of new reports that provides linseed oil market statistics, including linseed oil industry global market size, regional shares, competitors with a linseed oil market share, detailed linseed oil market segments, market trends and opportunities, and any further data you may need to thrive in the linseed oil industry. This linseed oil market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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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