Global Specialty Oleochemicals Market to Surpass $38 Billion by 2027 with a CAGR of 7.7%

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Sep 29, 2023, 13:15 ET

DUBLIN, Sept. 29, 2023 /PRNewswire/ -- The "Specialty Oleochemicals Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

The global specialty oleochemicals market is expected to experience significant growth, with predictions indicating an increase from $26.47 billion in 2022 to $28.47 billion in 2023, reflecting a Compound Annual Growth Rate (CAGR) of 7.6%. The market is anticipated to reach $38.26 billion by 2027, with a CAGR of 7.7%.

Key Players in the Specialty Oleochemicals Market:

Prominent players in the specialty oleochemicals market include:

  1. Evonik Industries AG
  2. Vantage Specialty Chemicals Inc.
  3. Emery Oleochemicals LLC
  4. Wilmar International Ltd.
  5. Kao Corporation
  6. Ecogreen Oleochemicals GmbH
  7. Oleon NV
  8. IOI Corporation Berhad
  9. KLK OLEO
  10. HIG Capital LLC
  11. The Vegetable Vitamin Foods Company Pvt Ltd.
  12. Corbion NV
  13. Godrej Industries Limited
  14. Alnor Oil Co Inc.

Reasons to Consider This Market:

  • Global Perspective: Gain a comprehensive understanding of the global specialty oleochemicals market, covering over 50 geographies.
  • COVID-19 Impact: Assess how the market has been affected by the coronavirus pandemic and how it is responding as the impact of the virus diminishes.
  • Geopolitical Impact: Evaluate the implications of the Russia-Ukraine war on agriculture, energy, mineral commodity supply, and its direct and indirect impact on the market.
  • Inflation Effects: Measure the impact of high global inflation on market growth.
  • Regional and Country Strategies: Create regional and country-specific strategies based on local data and analysis.
  • Growth Segments: Identify growth segments for potential investments.
  • Competitive Insights: Outperform competitors with forecast data and insights into the drivers and trends shaping the market.
  • Customer Understanding: Understand customer preferences based on the latest market shares.
  • Performance Benchmarking: Benchmark your performance against key competitors.
  • Presentation Support: Utilize reliable high-quality data and analysis to support your internal and external presentations.
  • Excel Dashboard Format: All data from the report will be delivered in an Excel dashboard format for ease of use.

About Specialty Oleochemicals:

Specialty oleochemicals are chemical compounds derived from plant-based sources, serving as substitutes for petroleum-based products. They are used in various industries, including lubricants, cosmetics, biodegradable polymers, and bio-surfactants.

Market Segmentation:

The specialty oleochemicals market can be segmented into various categories:

  • Product Types: Specialty esters, fatty acid methyl esters, glycerol esters, alkoxylates, fatty amines, and others.
  • Applications: Personal care and cosmetics, consumer goods, food processing, textiles, paints and inks, industrial, healthcare and pharmaceuticals, polymer and plastics additives, and others.
  • End Users: Food and beverages, personal care and cosmetics, and more.

Global Reach:

The specialty oleochemicals market operates on a global scale, with significant presence and operations in regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Key countries covered in the report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

Growth Driver: Increasing Demand for Beauty and Cosmetics Products:

The rising consumer demand for beauty and cosmetics products is expected to drive market growth. Oleochemicals are considered safe and are derived from natural sources, making them suitable for use in beauty and cosmetic products. As consumers increasingly opt for organic and safe products, the demand for oleochemicals in beauty and cosmetics products is expected to rise.

For example, in China, sales of cosmetics and beauty products grew by 10% from 2020 to reach $88 billion in 2021. This indicates a growing trend toward beauty and cosmetics products, which often include oleochemical-derived ingredients.

About the Market Report:

This specialty oleochemicals market research report provides comprehensive insights, market statistics, and in-depth analysis of the current and future industry landscape. It offers data on market size, regional shares, competitive players, market segments, trends, opportunities, and essential information necessary to navigate and thrive in the specialty oleochemicals industry.

Key Attributes of the Market Report:

  • No. of Pages: Not specified
  • Forecast Period: Not specified
  • Estimated Market Value (USD) in 2023: $28.47 billion
  • Forecasted Market Value (USD) by 2027: $38.26 billion
  • Compound Annual Growth Rate (CAGR): 7.7%
  • Regions Covered: Global

Key Topics Covered:

1. Executive Summary

2. Specialty Oleochemicals Market Characteristics

3. Specialty Oleochemicals Market Trends And Strategies

4. Specialty Oleochemicals Market - Macro Economic Scenario
4.1. COVID-19 Impact On Specialty Oleochemicals Market
4.2. Ukraine-Russia War Impact On Specialty Oleochemicals Market
4.3. Impact Of High Inflation On Specialty Oleochemicals Market

5. Specialty Oleochemicals Market Size And Growth
5.1. Global Specialty Oleochemicals Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Specialty Oleochemicals Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Specialty Oleochemicals Market Segmentation
6.1. Global Specialty Oleochemicals Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

  • Specialty Esters
  • Fatty Acid Methyl Esters
  • Glycerol Esters
  • Alkoxylates
  • Fatty Amines
  • Other Products

6.2. Global Specialty Oleochemicals Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

  • Personal Care And Cosmetics
  • Consumer Goods
  • Food Processing
  • Textiles
  • Paints And Inks
  • Industrial
  • Healthcare And Pharmaceuticals
  • Polymer And Plastics Additives
  • Other Applications

6.3. Global Specialty Oleochemicals Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

  • Food And Beverages
  • Personal Care And Cosmetics

7. Specialty Oleochemicals Market Regional And Country Analysis
7.1. Global Specialty Oleochemicals Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Specialty Oleochemicals Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/ocnzv6

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