Market Overview:
The global oleochemicals market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oleochemicals from various end-use industries, such as cosmetics & personal care, food & beverages, pharmaceuticals, polymers & plastics additives, and others. Oleochemicals are used as an important raw material in these industries owing to their properties such as high purity, biodegradability, and non-toxicity. In terms of type, the fatty acid segment is projected to lead the global oleochemicals market during the forecast period. Fatty acids are used in a wide range of applications due to their properties such as emulsification capacity and oxidative stability. They are also used as surfactants and detergents in various end-use industries. In terms of application, the cosmetic & personal care segment is projected to lead the global oleochemical market during the forecast period.
Product Definition:
Oleochemical are chemicals derived from plant or animal fats and oils. Oleochemicals are important for a variety of reasons, including their ability to stabilize food products, to act as lubricants, and to serve as renewable resources.
Fatty acid:
Fatty acids are the most basic and important oleochemicals. They are formed in almost every chemical reaction involving oils or fats. Fatty acids can be classified as saturated, monounsaturated, and polyunsaturated.
Fatty alcohol:
Fatty alcohols are a group of chemicals derived from fatty acids. They are esters of aliphatic organic compounds that contain carbon and hydrogen and usually more than one double bond. Fatty alcohols have been used in various end-use industries such as personal care, pharmaceutical, food & beverage, textile and cosmetics among others.
Application Insights:
The other applications include in the chemical sector include paints and coatings, adhesives and sealants, agricultural chemicals, solvents and dispersion products. The demand for oleochemicals is expected to grow on account of their rising use in manufacturing polymers used in construction materials such as cement. In addition, they are also used as additives that improve the performance of plastics & polymers by increasing their strength or durability.
The cosmetic & personal care segment accounted for a significant market share owing to its high demand from various end-use industries including pharmaceuticals and food processing.
Regional Analysis:
Asia Pacific dominated the global oleochemicals market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to witness significant growth on account of rapid industrialization coupled with rising consumer disposable income levels.
The demand for oleochemicals in Europe was valued at USD X million in 2016. The region is characterized by presence of multinationals such as INVISTA, LyondellBasell, BASF SE; large number production facilities; well-established chemical industry base; and high R&D investment by domestic as well as foreign players. These factors are anticipated to drive the regional market over the forecast period.
North America emerged as one of the prominent consumers owing to increasing awareness regarding health & hygiene among youth population especially females which results into reduced demand for personal care products including shampoos, soaps etc.
Growth Factors:
- Increasing demand from end-use industries such as personal care, agrochemicals, and pharmaceuticals
- Rising awareness about the benefits of oleochemicals over traditional petrochemical products
- Growing investments in R&D to develop new and innovative oleochemical products
- Expansion of manufacturing capacities by key players in the market
- Emergence of bio-based oleochemicals as a viable alternative to conventional petrochemical-based products
Scope Of The Report
Report Attributes
Report Details
Report Title
Oleochemicals Market Research Report
By Type
Fatty acid, Fatty alcohol, Glycerin, Others
By Application
Cosmetic & Personal Care, Food & Beverages, Pharmaceutical, Polymers & Plastics Additives, Others
By Companies
Wilmar International, BASF, Eastman Chemical, P&G Chemicals, Cargill, Evonik Industries, Godrej Industries, PTT Global Chemical, Kraton Corporation, Emery Oleochemicals, Wilmar International, Berg + Schmidt, IsoSciences, Vegetable Vitamin Foods Company, MYRIANT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Oleochemicals Market Report Segments:
The global Oleochemicals market is segmented on the basis of:
Types
Fatty acid, Fatty alcohol, Glycerin, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmetic & Personal Care, Food & Beverages, Pharmaceutical, Polymers & Plastics Additives, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wilmar International
- BASF
- Eastman Chemical
- P&G Chemicals
- Cargill
- Evonik Industries
- Godrej Industries
- PTT Global Chemical
- Kraton Corporation
- Emery Oleochemicals
- Wilmar International
- Berg + Schmidt
- IsoSciences
- Vegetable Vitamin Foods Company
- MYRIANT
Highlights of The Oleochemicals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fatty acid
- Fatty alcohol
- Glycerin
- Others
- By Application:
- Cosmetic & Personal Care
- Food & Beverages
- Pharmaceutical
- Polymers & Plastics Additives
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oleochemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oleochemicals are chemicals that are derived from oil.
Some of the key players operating in the oleochemicals market are Wilmar International, BASF, Eastman Chemical, P&G Chemicals, Cargill, Evonik Industries, Godrej Industries, PTT Global Chemical, Kraton Corporation, Emery Oleochemicals, Wilmar International, Berg + Schmidt, IsoSciences, Vegetable Vitamin Foods Company, MYRIANT.
The oleochemicals market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oleochemicals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oleochemicals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oleochemicals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oleochemicals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oleochemicals Market Size & Forecast, 2018-2028
4.5.1 Oleochemicals Market Size and Y-o-Y Growth
4.5.2 Oleochemicals Market Absolute $ Opportunity
Chapter 5 Global Oleochemicals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Oleochemicals Market Size Forecast by Type
5.2.1 Fatty acid
5.2.2 Fatty alcohol
5.2.3 Glycerin
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oleochemicals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Oleochemicals Market Size Forecast by Applications
6.2.1 Cosmetic & Personal Care
6.2.2 Food & Beverages
6.2.3 Pharmaceutical
6.2.4 Polymers & Plastics Additives
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oleochemicals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oleochemicals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Oleochemicals Analysis and Forecast
9.1 Introduction
9.2 North America Oleochemicals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Oleochemicals Market Size Forecast by Type
9.6.1 Fatty acid
9.6.2 Fatty alcohol
9.6.3 Glycerin
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Oleochemicals Market Size Forecast by Applications
9.10.1 Cosmetic & Personal Care
9.10.2 Food & Beverages
9.10.3 Pharmaceutical
9.10.4 Polymers & Plastics Additives
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Oleochemicals Analysis and Forecast
10.1 Introduction
10.2 Europe Oleochemicals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Oleochemicals Market Size Forecast by Type
10.6.1 Fatty acid
10.6.2 Fatty alcohol
10.6.3 Glycerin
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Oleochemicals Market Size Forecast by Applications
10.10.1 Cosmetic & Personal Care
10.10.2 Food & Beverages
10.10.3 Pharmaceutical
10.10.4 Polymers & Plastics Additives
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Oleochemicals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oleochemicals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Oleochemicals Market Size Forecast by Type
11.6.1 Fatty acid
11.6.2 Fatty alcohol
11.6.3 Glycerin
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Oleochemicals Market Size Forecast by Applications
11.10.1 Cosmetic & Personal Care
11.10.2 Food & Beverages
11.10.3 Pharmaceutical
11.10.4 Polymers & Plastics Additives
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Oleochemicals Analysis and Forecast
12.1 Introduction
12.2 Latin America Oleochemicals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Oleochemicals Market Size Forecast by Type
12.6.1 Fatty acid
12.6.2 Fatty alcohol
12.6.3 Glycerin
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Oleochemicals Market Size Forecast by Applications
12.10.1 Cosmetic & Personal Care
12.10.2 Food & Beverages
12.10.3 Pharmaceutical
12.10.4 Polymers & Plastics Additives
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Oleochemicals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oleochemicals Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Oleochemicals Market Size Forecast by Type
13.6.1 Fatty acid
13.6.2 Fatty alcohol
13.6.3 Glycerin
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Oleochemicals Market Size Forecast by Applications
13.10.1 Cosmetic & Personal Care
13.10.2 Food & Beverages
13.10.3 Pharmaceutical
13.10.4 Polymers & Plastics Additives
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oleochemicals Market: Competitive Dashboard
14.2 Global Oleochemicals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wilmar International
14.3.2 BASF
14.3.3 Eastman Chemical
14.3.4 P&G Chemicals
14.3.5 Cargill
14.3.6 Evonik Industries
14.3.7 Godrej Industries
14.3.8 PTT Global Chemical
14.3.9 Kraton Corporation
14.3.10 Emery Oleochemicals
14.3.11 Wilmar International
14.3.12 Berg + Schmidt
14.3.13 IsoSciences
14.3.14 Vegetable Vitamin Foods Company
14.3.15 MYRIANT
