The global demand for Oleochemicals Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Oleochemicals are chemical compounds derived from natural sources including vegetable oil and animal fats. The most common types of oleochemicals available in the market are fatty acids, glycerine, methyl esters, and fatty alcohols. They show the properties like low toxic, biodegradable, environment-friendly and are rapidly replacing traditionally used petrochemicals. Besides this, oleochemicals find its wide application in the production of biodiesel, bioplastics, green solvents, while acting as an intermediary in the pharmaceutical, rubber, paint and lubricant industries.
The market is primarily driven by the growing demand for biodiesel coupled with the thriving FMCG sector across the globe. In addition to this, the adoption of oleochemicals for the production of bio-surfactants, bio-lubricants, and biopolymers has also propelled the demand. Furthermore, consumers shift towards natural ingredients in cosmetics, soap, baby care products, and food additives. Rapid industrialization across the globe is another factor contributing to the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of oleochemicals.
The entire oleochemicals market has been sub-categorized into type, form, application, and feedstock. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Fatty Acids
- Fatty Alcohols
- Soaps and Detergents
- Coatings and Resins
- Personal Care Products
- Palm Kernel
This section covers regional segmentation which accentuates on current and future demand for oleochemicals market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Oleochemicals Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the oleochemicals market include Akzo Nobel N.V., BASF SE, Cargill Inc., Emery Oleochemicals Group, Evonik Industries, Evyap Oleo, Godrej & Boyce, Kao Corporation, KLK Oleo, Myriant, Oleon NV, Procter & Gamble Company, PTT Global Chemical Public Company, TerraVia Holding Inc., Wilmar International Ltd., etc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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