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Oleochemical Market Trends and Forecast

The future of the oleochemical market looks promising with opportunities in the pharmaceutical, personal care & cosmetics, food & beverage, soap & detergent, and polymer applications. The global oleochemical market is expected to reach an estimated $22.7 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are rise in demand for green chemicals in end use industries, such as pharmaceutical, personal care, and food and beverages, and introduction of government regulations for adoption of environment-friendly products.
Oleochemical Market by Product Type, Application, and Region
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.
Oleochemical Market by Segment

Oleochemical Market by Segment

The study includes trends and forecast for the global oleochemical market by product type, application, and region, as follows:

Oleochemical Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Fatty Acids
  • Fatty Alcohols
  • Methyl Ester
  • Glycerol
  • Others  

Oleochemical Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Food & Beverages
  • Soaps & Detergents
  • Polymers
  • Others

Oleochemical Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Oleochemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, oleochemical companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oleochemical companies profiled in this report include- 

Oleochemical Market Insights

  • Lucintel forecasts that fatty acid will remain the largest product type segment over the forecast period due to an increase in demand from pharmaceutical & personal care product manufacturers for manufacturing soaps and detergents, lubricants, surfactants, and varnishes.
  • Personal care and cosmetics are expected to record the highest growth due to growing demand for eco-friendly and natural products.    
  • APAC will remain the largest region due to the increased demand for sustainable plastics in various end use industries, such as pharmaceuticals and personal care & cosmetics, and easy availability of feedstock.

Features of the Oleochemical Market

  • Market Size Estimates: Oleochemical market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Oleochemical market size by various segments, such as by product type, application, and region
  • Regional Analysis: Oleochemical market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different product types, applications, and regions for the oleochemical market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the oleochemical market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the oleochemical market size?
Answer: The global oleochemical market is expected to reach an estimated $22.7 billion by 2028.
Q2. What is the growth forecast for oleochemical market?
Answer: The global oleochemical market is expected to grow with a CAGR of 6.5% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the oleochemical market?
Answer: The major drivers for this market are rise in demand for green chemicals in end use industries, such as pharmaceutical, personal care, and food and beverages, and introduction of government regulations for adoption of environment friendly products.
Q4. What are the major segments for oleochemical market?
Answer: The future of the oleochemical market looks promising with opportunities in the pharmaceutical, personal care & cosmetics, food & beverage, soap & detergent, and polymer applications.
Q5. Who are the key oleochemical companies?
Answer: Some of the key oleochemical companies are as follows:
  • Emery Oleochemical
  • Wilmar International
  • Oleon
  • KLK Oleo
  • Musim Mas Group
  • Croda International
  • IOI Group
  • Procter & Gamble
  • Twin River Technologies
  • Chemical Associates
Q6. Which oleochemical segment will be the largest in the future?
Answer: Lucintel forecasts that fatty acid will remain the largest product type segment over the forecast period due to an increase in demand from pharmaceutical & personal care product manufacturers for manufacturing soaps and detergents, lubricants, surfactants, and varnishes.
Q7. In oleochemical market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the increased demand for sustainable plastics in various end use industries, such as pharmaceuticals and personal care & cosmetics, and easy availability of feedstock.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the oleochemical market by product type (fatty acids, fatty alcohols, methyl ester, glycerol, and others), application (pharmaceuticals, personal care & cosmetics, food & beverages, soaps & detergents, polymers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
 
For any questions related to oleochemical market or related to oleochemical companies, oleochemical market size, oleochemical market share, oleochemical analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Oleochemical Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Oleochemical Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Oleochemical Market by Product Type 
3.3.1: Fatty Acids
3.3.2: Fatty Alcohols
3.3.3: Methyl Ester
3.3.4: Glycerol 
3.3.5: Others 
3.4: Global Oleochemical Market by Application 
3.4.1: Pharmaceuticals
3.4.2: Personal Care & Cosmetics
3.4.3: Food & Beverages
3.4.4: Soaps & Detergents
3.4.5: Polymers
3.4.6: Others 
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Oleochemical Market by Region
4.2: North American Oleochemical Market
4.2.1: North American Oleochemical Market by Product Type: Fatty Acids, Fatty Alcohols, Methyl Ester, Glycerol, and Others
4.2.2: North American Oleochemical Market by Application: Pharmaceuticals, Personal Care & Cosmetics, Food & Beverages, Soaps & Detergents, Polymers, and Others
4.3: European Oleochemical Market
4.3.1: European Oleochemical Market by Product Type: Fatty Acids, Fatty Alcohols, Methyl Ester, Glycerol, and Others
4.3.2: European Oleochemical Market by Application: Pharmaceuticals, Personal Care & Cosmetics, Food & Beverages, Soaps & Detergents, Polymers, and Others
4.4: APAC Oleochemical Market 
4.4.1: APAC Oleochemical Market by Product Type: Fatty Acids, Fatty Alcohols, Methyl Ester, Glycerol, and Others
4.4.2: APAC Oleochemical Market by Application: Pharmaceuticals, Personal Care & Cosmetics, Food & Beverages, Soaps & Detergents, Polymers, and Others
4.5: ROW Oleochemical Market 
4.5.1: ROW Oleochemical Market by Product Type: Fatty Acids, Fatty Alcohols, Methyl Ester, Glycerol, and Others
4.5.2: ROW Oleochemical Market by Application: Pharmaceuticals, Personal Care & Cosmetics, Food & Beverages, Soaps & Detergents, Polymers, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Oleochemical Market by Product Type 
6.1.2: Growth Opportunities for the Global Oleochemical Market by Application 
6.1.3: Growth Opportunities for the Global Oleochemical Market by Region
6.2: Emerging Trends in the Global Oleochemical Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Oleochemical Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Oleochemical Market 
 
7. Company Profiles of Leading Players
7.1: Emery Oleochemical
7.2: Wilmar International
7.3: Oleon
7.4: KLK Oleo
7.5: Musim Mas Group
7.6: Croda International
7.7: IOI Group
7.8: Procter & Gamble
7.9: Twin River Technologies
7.10: Chemical Associates
 

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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