The global oleochemicals market size was US$ 20,845 million in 2021. The global oleochemicals market size is forecast to reach US$ 39,689 million by 2030, growing at a compound annual growth rate (CAGR) of 7.7% during the forecast period from 2022 to 2030.
Oleochemicals are natural chemical compounds derived from plant and animal oils that can be used as feedstock or additives in a range of industries. Petrochemicals, which are petroleum-based products, are replaced by oleochemicals. Personal care, cosmetics, medicines, nutraceuticals, coatings, adhesives, food, elastomers and sealants, and domestic and industrial cleaning all use oleochemicals.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global oleochemicals market. Due to heightened health and hygiene awareness, the COVID-19 outbreak raised the demand for items such as soap and sanitizers. As a result, the demand for oleochemicals soared. Because of the panic buying of groceries and consumer products as a result of the lockdown, demand for oleochemicals, which are used in soaps and detergents as well as food and beverage applications, soared.
Regional Analysis
The Asia Pacific region garnered substantial market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the increasing understanding of sustainable green plastics in a wide range of industries leading to the growing production of raw materials such as fatty acids and other bio-based polymeric materials. In addition, the rising use of organic products in producing Oleochemicals. Additionally, high consumers demand biodegradable products and easy access to raw materials. Countries like Indonesia and Malaysia are the world's largest producers of oleo chemical-based products.
Leading Competitors
The leading prominent companies profiled in the global oleochemicals market are:
Scope of the Report
The global oleochemicals market segmentation focuses on Product, Application, and Region.
Segmentation based on Product
Segmentation based on Application
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL OLEOCHEMICALS MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL OLEOCHEMICALS MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL OLEOCHEMICALS MARKET, BY PRODUCT
5.1 OVERVIEW
5.2 FATTY ACID
5.3 FATTY ALCOHOL
5.3.1 ETHOXYLATE
5.3.2 OTHERS
5.4 GLYCEROL
5.5 OTHERS
6 GLOBAL OLEOCHEMICALS MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 PHARMACEUTICALS
6.3 PERSONAL CARE & COSMETICS
6.4 FOOD & BEVERAGES
6.5 SOAP & DETERGENTS
6.6 POLYMERS
6.7 OTHERS
7 GLOBAL OLEOCHEMICALS MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL OLEOCHEMICALS MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
9 COMPANY PROFILES
9.1 CARGILL, INCORPORATED
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.2 TWIN RIVERS
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.3 SABIC
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.4 CRODA INDUSTRIAL CHEMICALS
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.5 KUALA LUMPUR KEPONG BERHAD
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.6 EVONIK INDUSTRIES
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.7 BASF SE
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.8 EMERY OLEOCHEMICALS
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.9 OLEON N.V.
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.10 IOI GROUP BERHAD
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
9.11 WILMAR INTERNATIONAL
9.11.1 OVERVIEW
9.11.2 FINANCIAL PERFORMANCE
9.11.3 PRODUCT OUTLOOK
9.11.4 KEY DEVELOPMENTS
9.12 KAO CORP.
9.12.1 OVERVIEW
9.12.2 FINANCIAL PERFORMANCE
9.12.3 PRODUCT OUTLOOK
9.12.4 KEY DEVELOPMENTS
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