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Oleochemicals Market with Current Trends Analysis -2025

The Global Oleochemicals Market is anticipated to be driven by growing biochemical product demand in various consumer applications such as personal care, detergents, and food & beverages. The Global Oleochemicals Market is projected to reach USD 28.6 billion by 2025, according to a new report by Grand View Research, Inc.


Escalating supply-demand gap along with overcapacity issues especially in the Southeast Asian countries such as Indonesia and Malaysia are expected to hinder oleochemicals market growth over the forecast period. Technological innovations and significant developments in the downstream sectors are expected to create lucrative opportunities for industry participants.

Fatty acids were the leading oleochemical product consumed and accounted for over 55% of total market volume in 2016. Increasing penetration of fatty acids in personal care products is expected to drive this segment over the forecast period. Glycerol is expected to witness the highest growth of 5.7% over the forecast period owing to its increasing preference in personal care and food & beverage applications.

Asia Pacific was the leading consumer of oleochemicals with demand share exceeding 41% in 2016. The region is also expected to witness the fastest growth over the next eight years owing to abundant raw material supply and significant developments in the application markets such as personal care, food & beverage, and bio-chemical manufacture.

To Know More About Oleochemicals Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/oleochemicals-industry

Top Players of Oleochemicals Market:

Major companies currently operating in the industry include TerraVia, KLK Oleo, Evyap, Kao Chemicals, Godrej Industries, IOI Corporation and Wilmar, etc.

Market Segmentation of Oleochemicals Market:

The Global Oleochemicals Market segmented on the basis of Product, and Region.

By Product:

    Fatty acids
        By Product
            C6
            C8
            C8-10
            C10
            C12
        By Application
            Soap & Detergents
            Intermediates
            Plastics
            Rubber
            Paper
            Lubricant & Greases
            Personal Care
        Fatty alcohol
            By Product
                C6-C10
                C12-C14
                C16-C22
            By Application
                Personal care
                Soaps and detergents
                Amines
                Lubricants
            Glycerol
                By Product
                    Crude glycerol
                    Refined glycerol
                By Application
                    Personal care & pharmaceuticals
                    Alkyd Resins
                    Polyether polyols
                    Food & beverages
                    Tobacco humectants

Inquire about Oleochemicals Market with Our Experts @ https://www.grandviewresearch.com/inquiry/17
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