The Specialty Oleochemicals Global Market Report 2023, provides comprehensive information on the specialty oleochemicals market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global specialty oleochemicals market size is expected to grow from $26.47 billion in 2022 to $28.47 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global specialty oleochemicals market size is expected to reach $38.26 billion in 2027 at a CAGR of 7.7%.
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Product innovations are a key trend gaining popularity in the specialty oleochemicals market. Companies operating in the specialty oleochemicals market are innovating new products to sustain their position in the market. For instance, in September 2020, Emery Oleochemicals, a USA-based manufacturer of specialty chemicals and high-performance chemicals, launched a bio-based E fatty acid esters product. These fatty acid esters have high color stability, and a mild odor, and are easily degraded. EMERY E bio-based esters can be used as an eco-friendly replacement for petrochemical-based components in the formulation of several consumer and industrial systems.
The specialty oleochemicals market is segmented:
1) By Product: Specialty Esters, Fatty Acid Methyl Esters, Glycerol Esters, Alkoxylates, Fatty Amines, Other Products
2) By Application: Personal Care And Cosmetics, Consumer Goods, Food Processing, Textiles, Paints And Inks, Industrial, Healthcare And Pharmaceuticals, Polymer And Plastics Additives, Other Applications
3) By End User: Food And Beverages, Personal Care And Cosmetics
Asia-Pacific was the largest region in the specialty oleochemicals market in 2022.
The table of contents in TBRC’s specialty oleochemicals market report includes:
1. Executive Summary
2. Specialty Oleochemicals Market Characteristics
3. Specialty Oleochemicals Market Trends And Strategies
4. Specialty Oleochemicals Market – Macro Economic Scenario
5. Specialty Oleochemicals Market Size And Growth
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26. Africa Specialty Oleochemicals Market
27. Specialty Oleochemicals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Specialty Oleochemicals Market
29. Specialty Oleochemicals Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Evonik Industries AG
- Vantage Specialty Chemicals Inc
- Emery Oleochemicals LLC
- Wilmar International Ltd
- Kao Corporation
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