Oleochemicals Market by Type (Fatty Acid, Fatty Alcohol, Others), by Application (Personal Care, Soap & Detergents, Plastic, Others), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast 2020 to 2027

Oleochemicals Market - Global Industry Analysis and Forecast 2020 to 2027

Oleochemicals Market: Summary

The Global Oleochemicals Market is projected to reach a value of over USD 32.7 billion by 2027 at a CAGR of around 5.7%.

Oleochemicals are derived from natural sources including plant and animal fats. The formation of a basic oleochemical substance such as fatty acid is derived through various chemical and enzymatic reactions. They are widely used in home and personal care industries, and also are used as raw materials or as an intermediary for pharmaceuticals, plastic, rubber, paints, and lubricant industries.  Its biodegradable and low toxicity properties have boosted its demand from end-use various industries.

Oleochemicals Market

Oleochemicals Market: Drivers & Challenges

Market Driver:

  • Growing Preference for Sustainable and Biodegradable Products

Traditionally, synthetic chemicals derived from crude oil and other products have been used in manufacturing in various industries such as personal care, and many others. Several health risks, acting as skin irritants, carcinogens, and endocrine disrupters are some of the adverse effects related to the use of synthetic chemicals. However, oleochemicals present immense benefits over traditional synthetic chemicals and petrochemical, being cheaper to produce, source and even ship. The cost associated with waste disposal is reduced as they are natural compound. Owing to these benefits consumers and manufactures are tending to choose more sustainable and biodegradable chemicals which are further expected to drive the oleochemicals market.  

Market Restraint:

  • Volatility in Raw Material Price

Oil and fats are important raw materials used for the production of oleochemicals including free fatty acid, methyl esters, fatty alcohols and amines, and glycerol as a byproduct. Volatility in the prices of these materials is a major factor likely to hamper the market growth during the assessment period. The price fluctuations can be attributed to the easy availability of raw materials and overstocking of the same by countries with larger raw material producers resulting in supply and demand gap. Moreover, geopolitical factors such as trade war, and others may also hinder growth in the oleochemicals market.

Oleochemicals Market: Key Segments

  • Segmentation based on type: Fatty Acid, Fatty Alcohol, Glycerol, and Others.
  • Segmentation based on application: Personal Care, Soap & Detergents, Food & Beverage, Plastics, Rubber, Paper, Lubricants & Greases, and Others.
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Oleochemicals Market: Report Scope

The report on the oleochemicals market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type, Application, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Wilmar International Ltd
  • Croda International Plc
  • Procter & Gamble
  • Cargill, Incorporated
  • Godrej Industries Limited
  • Evonik
  • SABIC
  • Vantage Specialty Chemicals
  • Kuala Lumpur Kepong Berhad
  • Emery Oleochemicals
  • KAO CORPORATION
  • Nouryon
  • Oleon NV
  • MYRIANT
  • Other Key Companies

Oleochemicals Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Oleochemicals Market, by Type

  • Fatty Acid
  • Fatty Alcohol
  • Glycerol
  • Others

Oleochemicals Market, by Application

  • Personal Care
  • Soap & Detergents
  • Food & Beverages
  • Plastics
  • Rubber
  • Paper
  • Lubricant & Grease
  • Others

Oleochemicals Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Oleochemicals Market Providers
  • Oleochemicals Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Oleochemicals Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE OLEOCHEMICALS MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Growing Preference for Sustainable and Biodegradable Products
      2. Growing Demand for Surfactants In Personal Care Industry
    3. Restraint
      1.  Volatility in Raw Material Price
    4. Opportunities
      1.  Increasing Penetration in Food & Beverages
    5. Challenges
      1. Availability of Raw Materials in Developing Countries Leading to Overcapacity
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL OLEOCHEMICALS MARKET BY TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Fatty Acid
    3. Fatty Alcohol
    4. Glycerol
    5. Others
  7. GLOBAL OLEOCHEMICALS MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Personal Care
    3. Soap & Detergents
    4. Food & Beverages
    5. Plastics
    6. Rubber
    7. Paper
    8. Lubricants & Grease
    9. Others   
  8. GLOBAL OLEOCHEMICALS MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  10. COMPANY PROFILES
    1. BASF SE
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2.  Wilmar International Ltd
    3. Croda International Plc
    4. Procter & Gamble
    5. Cargill, Incorporated
    6. Godrej Industries Limited
    7. Evonik
    8. SABIC
    9. Vantage Specialty Chemicals
    10. Kuala Lumpur Kepong Berhad
    11. Emery Oleochemicals
    12. KAO CORPORATION
    13. Nouryon
    14. Oleon NV
    15. MYRIANT
    16. Other Key Companies
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : CM 091

Published : July, 2020


Related Reports






LET’S GET STARTED

Ready To Make a Real Change?