Oleate Esters Market will be driven by flourishing agrochemical industry over 2020-2025

The research study on 'Modest recovery in Global Oleate Esters Market' is inclusive of a detailed summary of this industry. A highly focused approach on subjective research has been undertaken, with the description of product scope and elaborate industry insights and outlook until 2026. Introduced by Global Market Insights, this report delivers information about the product pertaining to the parameters of cost, demand and supply graph, market trends, and the nature of the transaction.

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The oleate esters market will be driven by flourishing agrochemical industry during the forecast time span. Increasing demand for food grains due to rising population and rising awareness about the advantages of agrochemicals will increase the product demand in future. Moreover, factors such as limited agricultural land sizes and continuously changing climate conditions are compelling farmers to increase yield with the usage of pesticides and fertilizers.

Company Profiles:

1. Croda International plc
2. Acme Synthetic Chemicals
3. The Victorian Chemical Company
4. Ecogreen Oleochemicals
5. Procter & Gamble
6. Emery Oleochemicals
7. Kuala Lumpur Kepong Berhad
8. Cayman Chemical Company

China and U.S. are the two leading countries in terms of pesticide consumption. In 2014, worldwide pesticides exports accounted for around USD 34.9 billion, whereas it has increased to USD 36.5 billion in 2018, registering a growth by more than 4.5% from 2017 to 2018. China, Germany, U.S., France and India were the top five pesticide exporters, contributing to more than half of the worldwide pesticide exports in 2018. The agrochemical industry shows promising future trends, thereby facilitating the growth of oleate esters market in upcoming years.

Oleate Esters Market, By Application

o Lubricants
o Plasticizers
o Agricultural Chemicals
o Personal care products
o Others

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A detailed analysis of the oleate esters market has been provided in the report. The analysis is undertaken on the basis of the overall historical data, valid projections on the market size, qualitative insights, and more. The predictions of this report have been inferred based on conclusive analysis techniques and assumptions.

A detailed evaluation of the popular trends prevalent in the oleate esters market has been given in the report, in tandem with the microeconomic pointers and regulatory mandates. With this analysis, the report projects the lucrativeness of every market segment over the forecast period, 2020-2025.

Based on type, oleate esters market is classified into methyl, ethyl, butyl and other oleates. Methyl oleate is a fatty acid methyl ester produced by the formal condensation of oleic acid and methanol. It occurs in liquid form and is insoluble in water. It is used in agricultural chemicals, lubricants, personal care products, water treatment products, etc.

Based on application, oleate esters market is classified into lubricants, plasticizers, agricultural chemicals, personal care products and others. In agricultural industry, they are used as a solvent and oil carrier in the formation of agrochemicals. They are used as a plasticizer for natural and synthetic rubbers & defoamers. In personal care products, they are used to control viscosity as well as for improving the texture, performance and fragrance.

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The regional segmentation covers:

o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

The Asia Pacific region will capture a significant share in the oleate esters market owing to rapid industrialization trends. China and India are the leading players in the regional agrochemical industry and demand for pesticides & fertilizers will continue to remain on the higher side. The above-mentioned trends will assist global market growth.

North America and Europe will show steady growth in the oleate esters market due to progressions in the lubricant industry. Thriving the aerospace and automotive industry in both these regions will accelerate the pace of lubricant demand and will trigger the market growth in the future.

Key questions answered in the report:

o What will be the oleate ester market demand, size, share, and consumption between 2020 to 2025?
o What will the growth rate of the oleate ester market?
o What was the status of this market worldwide during the past years?
o What are the key factors that will drive the market?
o What are the risks, opportunities, and the overview of oleate ester industry?

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