Press release
Global Oleochemicals Marke 2026 Top Key players by: Kuala Lumpur KepongBerhad, Ecogreen Oleochemicals, Oleon, Godrej Industries, SABIC, Evyap, China Sanjiang Fine Chemicals, Kao Chemicals, Vantage Specialty Chemicals, Archer Daniels Midland, Evonik Indust
Polaris Market Research’s new report ‘Oleochemicals Market [By Product Type (Fatty Alcohol, Glycerin, Fatty Acid and Others); By Application (Food & Beverage, Personal Care, Detergents & Soaps, Polymers and Others); By Regions (North America - U.S., Canada; Europe - Germany, UK, France; Asia-Pacific - China, India, Japan, Australia; South America; Middle East & Africa)]: Market size & Forecast, 2017 – 2026’ indicates that The worldwide market for oleochemicals is estimated to grow at a CAGR of 5.9% between 2018 and 2026.According to a new study published by Polaris Market Research the global Oleochemicals Market is anticipated to reach USD 38.61 billion by 2026. Growing demand for naturally derived products of food & beverage, chemicals, pharmaceuticals industries are expected to be the major factors driving the oleochemicals market.
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Oleochemicals are basically several types of chemical products that are derived from vegetable triglycerides or animals, even if they include elements that are of petrochemical product origin. Basic oleochemicals include fatty alcohols, fatty acids, glycerin and methyl esters.
Industry participants with strong research and development capacities have been focusing on innovation of new formulations. Initiatives among different countries and companies have been undertaken for development of new formulations of these chemicals to cater to specific requirements of the end use industries. Shift to bio diesel is an interesting factor responsible for driving these chemicals demand however sudden changes in and stringent regulations for blending norms might increase the bio oil prices which will make them less attractive thereby experiencing a decline in demand of these chemicals. But, this risk is mostly mitigated owing to significant shift towards shale gas. However, with such challenges though owing to its advantages over petrochemical based chemicals demand for oleochemicals will keep rising in the next few years to come.
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The shift in consumer demand for healthy and enhanced nutritious foodstuffs derived completely from natural origin is some of the macroeconomic factors expected to drive demand for these products. The industry has the unpredictable potential for profit making owing to depleting fossil fuels sources for oil and this situation is expected to produce opportunities for higher usage of biodiesel. Hence with all of these advantages demand for these products are anticipated to increase in the next eight years.
Asia Pacific was the largest regional market globally. Increasing production of palm kernel and palm oil in the region has been the primary factor driving its oleochemicals demand. The rapidly increasing capacity for palm production in this region along with its strong and developing integration of raw materials is major reason for the reorganization of the global oleochemicals industry. The greater than before pressure from the modern high scale and highly productive manufacturers in the region especially on profit margins are expected to influence the global industry. The dominate industry participants in Asia are in strategic planning for buying the current production facilities in the U.S. and Europe.
Some of the leading industry participants include Kuala Lumpur KepongBerhad, Ecogreen Oleochemicals, Oleon, Godrej Industries, SABIC, Evyap, China Sanjiang Fine Chemicals, Kao Chemicals, Vantage Specialty Chemicals, Archer Daniels Midland, Evonik Industries, Emery Oleochemicals, Wilmar International, TerraVia, AkzoNobel, Cargill, BASF, Eastman Chemical Company , PTT Global Chemical Public Company Limited , Alnor Oil Co, Inc., Berg + Schmidt , Isosciences LLC , Vegetable Vitamin Foods Company and MYRIANT.
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Some points from TOC :-
Oleochemicals Market Insights
Oleochemicals– Industry snapshot
Oleochemicals -Ecosystem analysis
Oleochemicals market dynamics
Oleochemicals– Market Forces
Oleochemicals Market driver analysis
Oleochemicals Market restraint/challenges analysis
Oleochemicals Market opportunity analysis
Industry analysis - Porter's five force
Bargaining power of supplier
Bargaining power of buyer
Threat of substitute
Threat of new entrant
Degree of competition
Oleochemicals market PEST analysis, 2017
Oleochemicals market Value Chain analysis
Oleochemicals Industry trends
Competitive Ranking Analysis
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.
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Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
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