DUBLIN, Apr. 13, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "U.S. Specialty Oleochemicals Market Analysis By Product (Specialty Esters, Fatty Acid Methyl Esters, Glycerol Esters, Alkoxylates, Fatty Amines), By Application, Competitive Landscape, And Segment Forecasts, 2014 - 2025" report to their offering.
The U.S. specialty oleochemicals market is expected to reach 3.08 billion by 2025
The shift towards relying on natural chemicals coupled with an increase in the growth of end-use industries such as personal care and pharmaceuticals in the U.S. will increase the oleochemical market growth over the next few years.
Growing demand for biopolymers is expected to have a positive impact on specialty oleochemical market penetration and production. Mounting concerns regarding polymer/plastic biodegradability have prompted manufacturers in the market to shift their focus towards development of bio-based alternatives. Oleochemicals derived from plant-derived feedstock such as linseed, castor and soybean oils are used to develop polyamides, which are commonly used in textile and automotive applications.
Specialty esters held the largest share in 2015 and is estimated to reach USD 1.01 billion by 2025. The specialty esters include product categories such as sorbitan esters, glycol esters, lactate esters, isopropyl palmitate, etc. Owing to its feasible chemical characteristics, glycol esters have witnessed increased demand as emulsifier in soap, shampoos, and other personal care consumables.
Glycerol esters, on the other hand, have been gaining momentum on account of their GRAS (generally recognized as safe) recognition awarded by the U.S. FDA. Glycerol derivatives have been finding numerous applications across the food & beverages and pharmaceutical industry. Increasing biodiesel industry has also influenced its market demand wherein it is available at lower price. Crude glycerol can be used as animal feed over corn, as it is cheaply available.
The key players in the U.S. specialty oleochemicals derivatives market include Vantage Specialty Chemicals, Emery Oleochemicals, Evonik, Wilmar, Inolex and Kao Chemicals
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. U.S. Specialty Oleochemicals Industry Outlook
4. U.S. Specialty Oleochemicals Market: Product Outlook
5. U.S. Specialty Oleochemicals Market: Application Outlook
6. Competitive Landscape
7. Company Profiles
- Vantage Specialty Chemicals
- Emery Oleochemicals
- Evonik Industries
- Wilmar International
- Kao Chemicals
- Ecogreen Oleochemicals
- TerraVia Holdings, Inc.
For more information about this report visit http://www.researchandmarkets.com/research/6k8zzl/u_s_specialty
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SOURCE Research and Markets