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U.S. Specialty Oleochemicals Industry Trends and Global Foresight to 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.

The U.S. Specialty Oleochemicals Market is expected to reach 3.08 billion by 2025, according to a new report by Grand View Research, Inc.



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.

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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.

Top Players of U.S. Specialty Oleochemicals Market:

The key players in the U.S. specialty oleochemicals derivatives market include Vantage Specialty Chemicals, Emery Oleochemicals, Evonik, Wilmar, Inolex and Kao Chemicals.

Market Segmentation of U.S. Specialty Oleochemicals Market:

The U.S. Specialty Oleochemicals Market segmented on the basis of Product and Application.

By Product:

    Specialty esters
    Fatty acid methyl ester
    Glycerol esters
    Alkoxylates
    Fatty amines

By Application:

    Personal care & cosmetics
    Consumer goods
    Food processing
    Textiles
    Paints & inks
    Industrial
    Healthcare & pharmaceuticals
    Polymer & Plastic Additives

Inquire about Specialty Oleochemicals Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3911
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