The Global Oleo Chemicals Market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Pune, India -- (SBWIRE) -- 04/09/2018 -- Global Oleo Chemicals Market is expected to reach USD 29,853 million by 2025, from USD 18,591 million in 2017 growing at a CAGR of 8.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016; the base year of calculation is 2017and the forecast period is 2018 to 2025.
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Major Market Drivers and Restraints:
- Government regulations for the use of environmental friendly products
- Petroleum-based products is been replaced by oleo chemicals
- Volatile price of raw material
- Change in environmental regulations and blending norms
Major Market Competitors:
Some of the major players in global oleo chemicals market are Wilmar International Ltd., BASF SE, Eastman Chemical Company , P&G Chemicals, Evonik Industries AG, Cargill , Godrej Industries, PTT Global Chemical Public Company Limited, Emery Oleochemicals, Alnor Oil Company, Berg + Schmidt, IsoSciences, Vegetable Vitamin Foods Company, Myriant Corporation, 3F GROUP,VVF, PMC Biogenix, Inc, Fairchem Speciality Limited, Vance Group Ltd, Johnson Matthey Fine Chemicals, Hanwha Group, Croda International Plc, Aashumi Chemicals.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
This report consists of below pages:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
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This market report defines the market trends and forecast the upcoming opportunities and threats of the global oleo chemicals market in the next 8 years. Oleo chemicals are chemical component that are produced from biological (vegetable and plants) oils and fats. Oleo chemical substances such as fatty acid, fatty amine, methyl ester etc. are formed by various organic and enzymatic reactions. Around 15–17 million tons of vegetable oils are used for the production of surfactants, lubricants, coatings, cosmetics, and other products. Over the last decade, 50% growth in the production of oil and fats has eventually augmented in the global market.
In 2017, KLK started its new plant for the expansion of oleo chemical exports by investing 40 Million, with the surge in capacity and efficiency, production of oleo chemical significantly increased. In 2017, Sabah started oleo chemical/fatty acid plant using industrial grade palm oil (IGPO) to make stearic acid as the primary product & soap noodles as the secondary product and solvent extraction technologies from palm oil base and IGPO refinery plant. This market research and analysis identifies increase in demand of biodegradable products and sustainable solutions, rising demand of environmental friendly products.
Scope of the Report:
The global oleo chemicals market is segmented based on type, application and geographical segments.
Based on type, the global oleo chemicals market is segmented into fatty acid, fatty alcohol, methyl ester, glycerol and others.
On the basis of application, the global oleo chemicals market is classified into pharmaceuticals, personal care & cosmetics, food & beverages, soap & detergents, polymers and others.
Based on geography, the global oleo chemicals market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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