Oleo Chemicals Market 2018: Growth Research Study on BASF SE, Eastman Chemical Company, P&G Chemicals, Evonik Industries AG, Cargill, Godrej Industries, PTT Global Chemical Public Company Limited, Emery Oleochemicals
Some of the major players in global oleo chemical 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.
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The 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.
Based on geography, the market is segmented into 5 geographical regions:
• North America
• South America
• Middle East and Africa
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 oleochemical significantly increased. In 2017, Sabah started oleochemical/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.
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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Oleo Chemicals Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Oleo Chemicals Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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