Oleochemical Fatty Acids - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Oleochemical Fatty Acids Market is accounted for $19.26 billion in 2017 and is expected to reach $43.84billion by 2026 growing at a CAGR of 9.57% during the forecast period. Factors such as high demand coming from consumer markets, easy availability of raw materials, and a growing market for green chemicals are fuelling the market growth. However, fluctuation in prices of raw
Oleochemicals are chemicals derived from oils and fats and widely used in home and personal care products. Oleochemical fatty acid is one of the chemicals in the Oleochemicals class which is derived through hydrolysis process of oils or fats. Oleochemical fatty acid is a raw material used for the production of medium-chain triglycerides (MCTs), a plasticizer, polarizing agent, a component for disinfectant production. Besides, they are also used in waxes, candles, animal feed, cleaning components, surfactants, vulcanizing agent for rubber, manufacture of alkyd resin, water proof cements etc.
Based on end user, pharmaceutical & personal care segment is witnessing largest growth because consumers are becoming conscious about the environmental benefits and cost effectiveness offered by Oleochemicals.
On the basis of geography, Asia Pacific is considered as the fastest growing market and the factors favouring the growth of this region are growing population, high economic growth across major economies and improving standard of living.
Some of the key players in oleochemical fatty acids market include BASF Corp., Chempri BV, Emery Oleochemicals, Godrej Industries Ltd. Chemicals, Ecogreen Oleochemicals (Singapore) Pte Ltd., Wilmar International Ltd, Terravia Holdings, Inc., Baerlocher Gmbh, Evonik Industries Ag, Aarhuskarlshamn Ab (Aak), Kuala Lumpur Kepong Berhad, VVF Limited, ABITEC Corp, 3F Industries Ltd., Eastman Chemical Company, Cargill Incorporated, Chiba Fatty Acid Co. Ltd and Akzonobel.
Processes Covered:
• Distilled Oleochemical fatty acid
• Fractionated Oleochemical fatty acid
Types Covered:
• Oleic Acids
• Distilled Fatty Acids
• Stearic acid
• Polyunsaturated Fatty Acids
• Caproic acid
• Glycerin
• Fatty Alcohols
• Oil Fatty Acids
• Palm Fatty Acids
• Other Types
Applications Covered:
• Polymers
• Coating & Resin
• Soap and detergent
• Paper, candles, waxes
• Rubber, Latex
• Plastic
• Other Applications
End Users Covered:
• Agrochemicals
• Ore Processing
• Personal care & Pharmaceutical
• Food & Cosmetics
• Vulcanization
• Emulsion Polymerization
• Toiletries
• Derivatives
• Textile Softeners
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements.
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