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Oleochemicals Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Oleochemicals Market- (By Product – Alkoxylates, Fatty Acid Methyl Ester, Glycerol Esters, and Others; By Application – Consumer Goods, Food & Beverages, Healthcare & Pharmaceuticals, and Others; By Sales Channel – Direct & Indirect; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2023-2031

  • Published Date: Feb-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0222143  | Delivery: 2 to 4 Hours
Oleochemicals Market

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Report AttributeDetails
Market Size Value in 2022US$ 28,994.20 Mn
Expected Revenue in 2031US$ 28,994.20 Mn
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
Segments coveredBy Product, By Application, By Sales Channel, By Region
Key Companies                                                                                       Alnor Oil Co, Inc., BASF SE, Cargill Incorporated, Corbion N.V, Eastman Chemical Company, Evonik Industries, Evyap Sabun Yag Gliserin, Godrej Industries, Isosciences LLC, Kao Chemicals, Musim Mas, Nouryon, Oleon NV, P&G Chemicals, PTT Global Chemical Public Company Limited, SABIC, Sakamoto Yakuhin kogyo Co., Ltd., Stepan Company, Vantage Specialty Chemicals, Inc., Wilmar International Ltd., Other Prominent Players
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Oleochemical products are organic compound which are derived from naturally stirring oils and fats from animal and vegetable sources.

Global Oleochemicals Market is projected to grow at a CAGR of 6.8% during the forecast period 2023-2031. 

Growing adoption of oleochemicals in pharmaceutical and cosmetic industry, increasing demand for sustainable and biodegradable products and increasing government regulation regarding the use of environmentally friendly products. 

The market has been classified into North America, Europe, Asia Pacific, Middle East & Africa and South America. 

Based on product type, the oleochemicals market is segmented into fatty acids, fatty acid methyl ester, fatty amine, glycerol esters, alkoxylates, fatty alcohols, glycerin, triacetin, specialty esters and others.

The direct sales channel is estimated to have the highest market share during the forecast period.

The Global Oleochemicals Market was valued at US$ 52,277.78 Million by 2031.

Fluctuating prices of raw material and inconsistent supply of key feedstock restrain the market growth.

The healthcare & pharmaceuticals is the key application segment and is projected to grow at the fastest CAGR during the forecast period.

Asia-Pacific region is projected to have the largest market share in the Global Oleochemicals Market. 

Brazil is the highest shareholder in the South America Oleochemicals Market.

Key players operating in the global market include KLK Oleo, IOI Group, Wilmar International, Cargill, Oleon, Ecogreen Oleochemicals, Corbion N.V, Evonik Industries AG, Godrej Industries and Emery Oleochemicals among others.