Oleochemicals Market trends, share, forecast

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Oleochemicals Market Size Worth USD 42.03 Billion
in 2030
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Recyclability is a significant factor driving
global oleochemicals market revenue growth
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Market Summary
The global oleochemicals market size is expected
to reach USD 42.03 Billion in 2030 and register a
steady revenue CAGR of 4.2 over the forecast
period, according to latest analysis by Emergen
Research. Oleochemicals market revenue growth  is
primarily driven by rising government regulations
regarding use of environmentally friendly
products. Oleochemicals are becoming more popular
as sustainable alternatives as environmental
rules tighten and non-renewable resources
deplete. The oleochemical market is growing as
a result of various factors, including existence
of raw materials, high level of customer demand,
and market expansion for green chemicals.
Oleochemicals are expected to become more popular
in products used in personal care, detergents,
food, and drink. The fastest rate of growth is
anticipated for glycerol over the next years due
to rising popularity of its use in products such
as personal care and food and beverage items.
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Market Summary
Some Key Highlights From the Report On 18
September 2020, Emery Oleochemicals announced the
release of its EMERY E general-purpose fatty acid
esters product line. These fatty acid esters
offer good color stability, low odor, and good
biodegradability. EMERY E bio-based esters are a
sustainable alternative to petrochemical-based
materials and can be used in the formulation of a
wide range of consumer and industrial systems
including bio-diluent, solvent, or plasticizer in
ink, adhesive, coating applications, plastic
additives, pigment binding, and dispersing
co-agents. The fatty acid segment is expected to
account for a large revenue share over the
forecast period. This is attributed to its
increasing adoption of microbial fatty acid
biosynthesis. Sustainable and inexpensive
techniques for creating renewable chemicals and
fuels are needed to serve the expanding
population and economy while cutting carbon
emissions. Oleochemicals are petrochemical
substitutes that are often manufactured from
limited resources such as animal and plant fats.
There is a lot of interest in microbial fatty
acid biosynthesis since it offers a way to make
renewable oleochemicals. The pharmaceuticals and
personal care segment is expected to account for
a large revenue share in the global market over
the forecast period owing to increasing
application of oleochemicals. Oleochemicals can
be used in pharmaceutical and nutraceutical
sectors as emollients, thickeners, and
preservatives. Isopropyl myristate functions as a
moisturizer in topical medicinal treatments in
addition to being used as an emollient or
thickening agent in other pharmaceutical
applications. Glycerin 99.7 is a humectant that
is utilized in creation of dental care items as
well as cough syrups.
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Market Summary
Some Key Highlights From the Report Some major
companies in the global market report include
Wilmar International Ltd., BASF SE, Eastman
Chemical Company, Procter Gamble, Cargill,
Incorporated, Evonik Industries, Godrej
Industries Limited, PTT Global Chemical Public
Company Limited, Arizona Chemical, and Emery
Oleochemicals. Request Free Sample Copy_at_
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Market Summary
Emergen Research has segmented the global
oleochemicals market based on type, application,
and region Type Outlook (Revenue, USD Billion
2019-2030) Fatty Acid Fatty Alcohol Glycerin Other
s Application Outlook (Revenue, USD Billion
2019-2030) Pharmaceuticals Personal Care Food
Beverages Soaps Detergents Polymers Others Read
More_at_ https//www.emergenresearch.com/industry-re
port/oleochemicals-market
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Parameter Details
Market Size Estimation Period 2022-2030
Base Year Considered 2021
Historical Data 2019-2020
Forecast Period 2022-2030
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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