Brazil and Mexico Oleochemicals Market was Worth $521 million — and by 2025, It’s Slated to Break the $782 million Mark

Brazil and Mexico oleochemicals market was valued at $521.2 million in 2017, and is projected to reach $782.3 million by 2025, growing at a CAGR of 5.2% from 2018 to 2025. The fatty acid segment accounted for more than 48% share of the Brazil and Mexico oleochemicals market in 2017.

Get PDF sample copy: https://www.alliedmarketresearch.com/request-sample/4711

Oleochemicals manufacturers and research institutions across Brazil and Mexico have heavily invested on technological advancements to develop better oleochemicals. These technological advancements are expected to modify and enhance the performance of oleochemicals plants in a way that they are efficient, reliable, and cost-effective in the production of oleochemicals. Furthermore, these machines use less energy in the production process, which reduces impact on the environment.

Top Dominating Key Players:

• IOI Group
• BRAIDO
• EMERY OLEOCHEMICALS
• Musim Mas Holdings Pte. Ltd
• Baerlocher GmbH
• CREMER OLEO GmbH & Co. KG

Oleochemicals are obtained from bio-based resources, such as animal fats and plant oils, to provide sustainable and high-performance alternatives to petrochemical-originated products. They are used for production of solvents, lubricants, biodiesel, and bioplastics. As the price of crude oil increases, manufacturers prefer to switch from petrochemicals to oleochemicals, as they are plant-based sources and serve as an economical source. Moreover, oleochemicals are widely preferred in several applications, such as pharmaceutical, food & beverage, soap & detergent, and others, owing to the fact that they are biodegradable, environmental-friendly, and possess low toxicity.

Make purchase enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4711

Increase in demand for bio-degradable products and sustainable solutions and implementation of government regulations towards the use of environmentally-friendly products boost the demand for oleochemicals. Furthermore, several new applications of oleochemicals, such as biopolymers, biosurfactants, and biolubricants, which have emerged as substitutes for petroleum-based products, are expected to offer lucrative growth opportunities for the Brazil and Mexico oleochemicals market. However, volatile prices of raw material restrain the growth of the market.

Segment Analysis:

On the basis of type, the market is segmented into fatty acid, fatty alcohol, glycerol, and others. In terms of both value and volume, the fatty acid segment dominated the Brazil and Mexico oleochemicals market in 2017, owing to their increase in application in soap and detergent industries.

By application, the market is segmented into pharmaceutical, cosmetics & personal care, food & beverage, soaps & detergent, and animal feed. In Brazil, the home care segment, which includes soaps and detergents, dominated the market in 2017. However, the personal care & cosmetics segment is projected to be the most attractive market during the forecast period.

Key Findings of the Brazil and Mexico Oleochemicals Market:

• The fatty acid segment in the Brazilian oleochemicals market was the highest revenue generator in 2017.

• The Mexican fatty alcohol segment is projected to be the most lucrative market during the forecast period.

• The home care segment, which includes soaps and detergents, dominated the market in 2017.

• In terms of volume, the fatty acid segment generated the maximum revenue for the Brazil and Mexico oleochemicals market in 2017.

• Brazil accounted for more than 70% of the market in 2017.

Access full summary: https://www.alliedmarketresearch.com/brazil-and-mexico-oleochemicals-market

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.