Oleic Acid (CAS 112-80-1) Market Is Anticipated To Grow At a CAGR of 4.2% During 2019-2025
Ordinary Oleic Acid products on the market do not sell well; Oleic Acid’s price is lower than past years. The signal of market price change indicates the trend in the Oleic Acid industry, low-end product has excess capacity, and high-end product is in short supply. In 2015 the global oleic acid production reached 7.69 million tons as the average growth rate of 4.1% from 2011. In the next five years, the global consumption of Oleic Acid will grow under at a growth rate of 5%. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese Oleic Acid industry is not only begin to transit to high-end Oleic Acid products, while still extend in the resource-rich land and downstream industry chain.
Oleic Acid product demand market there is also a certain space, but basically showing the scarcity of high-end products, low-end products, excess capacity, there is a large market demand for high-end products to seize market share of imports acts, local enterprises export more low-end products overcapacity or molding process basic Materials. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Along with the development of Chinese domestic Oleic Acid, Chinese domestic Oleic Acid has been very mature and advanced, and the performance distance has been shorten compared with the imported Oleic Acid. Developed areas such as North America, Europe, Japan are the still the main consumers, their consumptions volume share is about 65%. The global Oleic Acid (CAS 112-80-1) market is valued at 3970 million US$ in 2018 is expected to reach 5520 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2019-2025.
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This report focuses on Oleic Acid (CAS 112-80-1) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Oleic Acid (CAS 112-80-1) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
pt. musim mas
VVF - Fatty Acids
Jiangsu jin ma
Segment by Regions
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