Oleochemicals are a broad group of chemical compounds derived from natural fats and oils. They are considered biodegradable and have low toxicity. This is in contrast to petrochemicals which are made from petroleum. They are used in many applications and industries including plastics, rubber and paper production, metalworking lubricants, automobiles, fuel additives, personal care products, surfactants, food ingredients, and others.
Market Dynamics:
The oleochemical industry is growing at a rapid pace due to rising demand for green chemicals and increasing environmental regulations. It also offers a sustainable alternative to petroleum-based products and is a source of renewable energy. Moreover, many distinct governments are framing regulations encouraging the use of green chemicals in their manufacturing. Additionally, there is a rise in consumer preference for premium and organic personal care and household cleaning products.
On the other hand, fluctuating price of petrochemicals is expected to hamper the market growth.
Key features of the study:
- This report provides in-depth analysis of the global oleochemicals market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global oleochemicals market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Vantage Specialty Chemicals, Inc., Emery Oleochemicals, Evonik Industries AG, Wilmar International Ltd., Corbion N.V, Cargill, Incorporated, and KLK OLEO
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global oleochemicals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global oleochemicals market
Detailed Segmentation:
- Global Oleochemicals Market, By Product
- Specialty Esters
- Fatty Acid Methyl Esters
- Glycerol Esters
- Alkoxylates
- Fatty Amines
- Others
- Global Oleochemicals Market, By Application
- Personal Care & Cosmetics
- Consumer Goods
- Food Processing
- Textiles
- Paints & Inks
- Industrial
- Healthcare & Pharmaceutical
- Polymer & Plastic Additives
- Other
- Global Oleochemicals Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Vantage Specialty Chemicals, Inc.
- Emery Oleochemicals
- Evonik Industries AG
- Wilmar International Ltd.
- Corbion N.V
- Cargill, Incorporated
- KLK OLEO
