Global Oleochemicals Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

“Global Oleochemicals Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global oleochemicals market has been segmented on the basis of product outlook, as well as regions and countries.

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Overview:

An oleochemical is any chemical that has been derived from fats and oils. Widely used in home and personal care industries, they can be used as raw materials or as an intermediary for the pharma, plastic, rubber, paint, and lubricant industries.

Dynamics:

A shift in consumer preferences to sustainable chemicals, the ever-increasing prices of petrochemicals, as well as the steady rise in the demand for biopolymers are major factors that are expected to significantly impact the revenue growth of the global oleochemicals market over the next 10 years. Additionally, the incorporation of bio-based chemicals by key industry players in the manufacture of polymers is slated to positively influence future market growth.

Oleochemicals are exhaustively used in the manufacture of surfactants. Surfactants have a vast range of applications in several end-use industries such as personal care, cosmetics, lubricants, laundry detergents, etc. Consequentially, the growth of these end-use industries is expected to lead to subsequent revenue growth of the global oleochemicals market in the foreseeable future. The booming retail industry in emerging economies such as India, China, Brazil, etc. are also anticipated to create more opportunities for the future revenue growth of this global market.

Segmentation of the global oleochemicals market is as follows:

In terms of product insights, the fatty acid segment accounted for the majority revenue shares, in terms of revenue and volume, of the global oleochemicals market in 2019. This can be attributed to the surging demand for fatty acids from a host of end-use industries such as plastics, soaps & detergents, rubber, lubricants & greases, textiles, food processing, agrochemicals, healthcare & pharma, paints & inks, etc. Soaps & detergents is the biggest end-use segment for fatty acids.

Regional Segmentation and Analysis:

The markets in the APAC region are both the largest consumers and producers of oleochemicals, and accounted for the majority revenue share of the global oleochemicals market in 2019. Within this region, China is the largest consumer of oleochemicals.

Segmentation of the Global Oleochemicals Market:

Segmentation by Product Outlook:

• Fatty Acids

• Fatty Acids, By Product

• C6
• C8
• C8-10
• C10
• C12
• C12-14
• C14
• C16
• C18:0
• C18:1
• C18:2
• C18:3
• Others

• Fatty Acids, By Application

• Soaps & Detergents
• Intermediates
• Plastics
• Rubber
• Paper
• Lubricants & Greases
• Personal Care
• Others

• Fatty Alcohols

• Fatty Alcohols, By Product

• C6-C10
• C11-C14
• C15-C22
• Others

• Fatty Alcohols, By Application

• Soaps & Detergents
• Personal Care
• Lubricants
• Amines
• Others

• Glycerol

• Glycerol, By Product

• Crude
• Refined

• Glycerol, By Application

• Personal Care & Pharmaceuticals
• Alkyd Resins
• Foods & Beverages
• Polyether Polyols
• Tobacco Humectants
• Other

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa