The global oleochemicals market is forecast to reach USD 35.87 Billion by 2027, according to a new report by Reports and Data.
New York, NY -- (SBWIRE) -- 01/25/2021 -- The global oleochemicals market is forecast to reach USD 35.87 Billion by 2027, according to a new report by Reports and Data. Rapid growth in the production of kernel oil and palm oil is one of the significant factors in oleochemicals market growth. Reliable, efficient, and cost-effective oleochemical plants are ready to cater to incrementing demands. There is a rise in the acceptance of bio-based lubricants and they are replacing the traditional and synthetic lubricants, which in turn is improving the efficiency of vehicles. Waste vegetable oils as a low-cost, sustainable, and low-toxicity feedstock are garnering more interests for the production of oleochemicals, which are ideal substitutes for petroleum-based chemicals widely prevalent in the petroleum industry.
Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.
Get a FREE Report Sample with Table of Contents and Figures @ https://www.reportsanddata.com/sample-enquiry-form/2488
The report covers the market dynamics analysis, company profiles, production and manufacturing capacity, product specifications, product value, and key players. The report also offers an insight into the growth prospects during the forecast period. The Oleochemicals Market report also offers detailed data on the key market players to impart a deeper understanding of the competitive landscape. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and an advantageous position in the global market
Further key findings from the report suggest
Oleochemicals also act as an intermediary in pharmaceutical, rubber, plastic, paint and lubricant industries. The shift in demographics in the industrial structure of plastics, rubber, and surface-active agent industries coupled with transformation in the mode of development are fueling the fatty acids market.
An important advantage of the fatty acid industry is the byproduct glycerin that is automatically generated when fats or oils are hydrolyzed. The amount generated depends on the material, such that, the harder oils generate more glycerin than the majority of softer oils or animal fats.
Short-chain fatty acids can be utilized in multiple industries: personal care ingredients, agrochemical actives, flavor & fragrances, adjuvant ingredients, and food and feed additives. Industrial applications include aerospace, automotive, and industrial lubricants. Medium and long-chain fatty acids find their applications in several sectors, such as emulsifiers, textile chemicals, and plastic and rubber additives.
Oleochemicals are derived from natural sources, including animal and plant fats. The formation of basic oleochemical substances like fatty acids by various chemical and enzymatic reactions. High demand for natural oleochemicals is increasing owing to its easy availability, cost-effective nature, and growing concern for the environment.
Based on the regions, the report covers the following regions:
North America (U.S.A., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Competitive Terrain:
The global Oleochemicals market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Oleochemicals market are listed below:
BASF SE, Wilmar International Ltd., Godrej Industries, Eastman Chemical Company, Evonik Industries, P&G Chemicals, Arizona Chemical Company LLC, Emery Oleochemicals Group, Cargill Incorporated, and Emery Oleochemicals Group, among others.
Raw Material Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Natural
Synthetic
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Fatty Acid
Fatty Alcohol
Glycerin
Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Food and Beverage
Pharmaceutical and Personal Care
Soaps and Detergents
Polymers
Others
To get an exclusive discount on the report, visit @ https://www.reportsanddata.com/discount-enquiry-form/2488
Radical Features of the Oleochemicals Market Report:
Valuable insights into the Oleochemicals market to impart an in-depth understanding of the business verticle
An 8-year forecast estimation along with an analysis of key elements of the market
Technological advancements, regulatory framework, and recent developments covered in the report
Growth analysis and projections until 2027
Statistical analysis of the key players operating in the Oleochemicals industry
Table Of Contents:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Oleochemicals Market Segmentation & Impact Analysis
Chapter 5. Oleochemicals Market, By Type Insights & Trends
Chapter 6. Oleochemicals Market, By Application Insights & Trends
Chapter 7. Oleochemicals Market, By End Use Insights & Trends
Chapter 8. Oleochemicals Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
10.1. BASF SE
10.2. Wilmar International Ltd.
10.3. Godrej Industries
10.4. Eastman Chemical Company
10.5. Evonik Industries
10.6. P&G Chemicals
To Get This Report at a Lucrative Price, Click @ https://www.reportsanddata.com/checkout-form/2488
Thank you for reading our report. To know more about customization options, please get in touch with us. Our team will ensure the report is tailored to suit your requirements.
Have a Look at Related Reports:
Betaine Market Size
Tetramethylammonium Hydroxide (TMAH) Market Share
Microporous Insulation Market Growth
Plant Growth Regulators Market Trends
About Reports and Data:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.