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 inclu...