Industry Overview of Oleochemicals Market 2020
The Oleochemicals Market report, by Report and Data, gives the growth prospects and detailed diagnosis of the Oleochemicals market. The report covers the major market events, including the latest trends, technological advancements, growth prospects, and market players and others that will help the investors and industry experts to make strategies and crucial business decisions for the profitability of their businesses. Also, this report focuses on all the essential factors that contribute to the overall growth of the market.
The valuation for the Oleochemicals market was USD 24.75 Billion in 2018, and it is expected to reach USD 35.87 Billion by 2027.
The Oleochemicals market report consists of the contemplated policy changes, important industry news, current developments, and trends. Readers can use this information to protect their market existence. The report contains data collected from various primary and secondary sources such as press releases, internet, magazines, research papers, and journals. The information is verified and validated through several primary interviews and questionnaires. The report data on future growth and trends focuses on the new technologies, market capacities, CAPEX cycle, and the dynamic structure of the Oleochemicals market.
This report covers the recent COVID-19 incidence and its impact on Oleochemicals. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
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This research report analyzes the growth of Oleochemicals Market on the basis of the present, past, and futuristic data. It provides complete information about the Oleochemicals industry to the key industry players that will help them fortify their position in the market and make strategic decisions. All of these players are studied extensively in order to get details regarding their recent developments, partnerships, product/services, investment strategies, and others.
The Oleochemicals market report highlights the regions, particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The Prominent Key Players in the Oleochemicals market are: BASF SE, Wilmar International Ltd., Godrej Industries, Eastman Chemical Company, Evonik Industries, P&G Chemicals, Arizona Chemical Company LLC, Emery Oleochemicals Group, Cargill Incorporated, and Emery Oleochemicals Group, among others.
Segments of Oleochemicals covered are:
Raw Material Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Natural
- Synthetic
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Fatty Acid
- Fatty Alcohol
- Glycerin
- Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Food and Beverage
- Pharmaceutical and Personal Care
- Soaps and Detergents
- Polymers
- Others
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Key coverage for the report:
- Oleochemicals are derived from natural sources, including animal and plant fats. The formation of basic oleochemical substances like fatty acids by various chemical and enzymatic reactions. High demand for natural oleochemicals is increasing owing to its easy availability, cost-effective nature, and growing concern for the environment.
- Oleochemicals also act as an intermediary in pharmaceutical, rubber, plastic, paint and lubricant industries. The shift in demographics in the industrial structure of plastics, rubber, and surface-active agent industries coupled with transformation in the mode of development are fueling the fatty acids market.
- Short-chain fatty acids can be utilized in multiple industries: personal care ingredients, agrochemical actives, flavor & fragrances, adjuvant ingredients, and food and feed additives. Industrial applications include aerospace, automotive, and industrial lubricants. Medium and long-chain fatty acids find their applications in several sectors, such as emulsifiers, textile chemicals, and plastic and rubber additives.
- An important advantage of the fatty acid industry is the byproduct glycerin that is automatically generated when fats or oils are hydrolyzed. The amount generated depends on the material, such that, the harder oils generate more glycerin than the majority of softer oils or animal fats.
- The Asia-Pacific region is providing lucrative growth opportunities for the growth of the market. High growth in population, economic development across major countries, and rise in the standard of living are augmenting market demand. Easy availability of feedstock and growing support from the government for bio-based products are also propelling the demand of the market.
Reasons the Buy the Oleochemicals Market Report
- This report gives an in-depth prospect of the several factors that drive or hinder market growth.
- It delivers extensive analysis of the changing competitive dynamics in the market.
- It consists of a six-year forecast evaluated on the basis of how the market is forecast to grow.
- It helps in making informed business decisions and strategies by giving an extensive analysis of the market segments.
- This report assists readers in comprehending the key product segments of the Oleochemicals market and their future.
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