Global Oleochemicals Market Growth 2023-2029

Global Oleochemicals Market Growth 2023-2029

Oleochemistry is the study of vegetable oils and animal oils and fats, and oleochemicals derived from these fats and oils. The resulting product can be called oleochemicals (from Latin: oleum "olive oil"). The major product of this industry is soap, approximately 8.9×106 tons of which were produced in 1990. Other major oleochemicals include fatty acids, fatty acid methyl esters, fatty alcohols and fatty amines. Glycerol is a side product of all of these processes. Intermediate chemical substances produced from these basic oleochemical substances include alcohol ethoxylates, alcohol sulfates, alcohol ether sulfates, quaternary ammonium salts, monoacylglycerols (MAG), diacylglycerols (DAG), structured triacylglycerols (TAG), sugar esters, and other oleochemical products.

The Oleo Chemicals industry can be broken down into several segments, Fatty Acids, Fatty Alcohols, etc.

LPI (LP Information)' newest research report, the “Oleochemicals Industry Forecast” looks at past sales and reviews total world Oleochemicals sales in 2022, providing a comprehensive analysis by region and market sector of projected Oleochemicals sales for 2023 through 2029. With Oleochemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oleochemicals industry.

This Insight Report provides a comprehensive analysis of the global Oleochemicals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oleochemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Oleochemicals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oleochemicals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oleochemicals.

The global Oleochemicals market size is projected to grow from US$ 25500 million in 2022 to US$ 33040 million in 2029; it is expected to grow at a CAGR of 33040 from 2023 to 2029.

Global key players of Chrome Plated Bar include Wilmar International, Zhejiang Zanyu, Kao, Musim Mas Group, KLK OLEO and IOI Group, etc. Top three players occupy for share about 14%. Asia-Pacific is the largest market, with a share about 46%, followed by North America and Europe. In terms of product, Fatty Acids is the largest segment, with a share over 54%. In terms of application, Soaps and Detergents is the largest market, with a share over 36%.

This report presents a comprehensive overview, market shares, and growth opportunities of Oleochemicals market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Fatty acid
Fatty alcohol
Glycerin
Others

Segmentation by application
Cosmetic & Personal Care
Food & Beverages
Pharmaceutical
Polymers & Plastics Additives
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Wilmar International
BASF
Eastman Chemical
P&G Chemicals
Cargill
Evonik Industries
Godrej Industries
PTT Global Chemical
Kraton Corporation
Emery Oleochemicals
Alnor Oil
Berg + Schmidt
IsoSciences
Vegetable Vitamin Foods Company
MYRIANT

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oleochemicals market?

What factors are driving Oleochemicals market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Oleochemicals market opportunities vary by end market size?

How does Oleochemicals break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.