Press release
COVID-19 Impact Analysis on Oleic Acid Market Global Growth, Size, Share, Trends, Regional Demand & Future Opportunities
Oleic acid, the most widely distributed of all the fatty acids, apparently occurring to some extent in all oils and fats. In oils such as olive, palm, peanut, and sunflower, it is the principal acid obtained by saponification. Oleic acid, like other fatty acids, does not occur in the free state but is normally found as an ester of glycerol—i.e., as a glyceride or as an ester of a long-chain alcohol. It is used in the application for the treatment of different types of diseases. For instance, oleic acid is used reduce the risk of developing diabetes as it regulates insulin secretion and minimize blood sugar spikes.Get a sample copy of this report: https://www.psmarketresearch.com/market-analysis/oleic-acid-market/report-sample
This market research report provides a comprehensive overview of the market
Major factors driving the market and their impact during the short, medium, and long terms
Market restraints and their impact during the short, medium, and long terms
Recent trends and evolving opportunities for the market participants
Historical and the present size of the market segments and understand their comparative future potential
Major players operating in the market and their service offerings
Recent strategic developments by the major players in the market
Oleic acid obtains from plant source such as live oil or avocado, or from animal origin, for example in pigs. Vegetable oleic acid is obtained from the hydrolysis of olive-pomace olein’s and its subsequent distillation. Meanwhile, animal oleic acid is obtained by the hydrolysis of animal fat (tallow), cold fractionation and its subsequent distillation. Plant originated oleic acid is holding notable share in the market due to large number of plant source and increasing adoption of becoming vegan.
Cosmetic & Personal Care industry is one of the highest oleic acid consuming industry as the demand for personal care products among consumers increases due to rise in disposable income. Moreover, pharmaceutical industry also holds considerable share due to increase in use of oleic acid in the synthesis of products for treatment.
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APAC is one of the prominent regions for the oleic acid market due to the increasing chemical manufacturing companies in the region mainly in economies like China and India. Further North America also hold the significant share in the market mainly driven by new and broader use in oilfield and drilling applications.
The market is driven by growing demand end-use products from industries like pharmaceutical and cosmetic & personal care. However, changing climate condition may affect the availability of natural resources which might impact the oleic acid production in a negative way.
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The prominent players operating in the market are Eastman Chemical Company, Berg + Schmidt GmbH & Co. KG, VVF LLC, Klk Oleo Sdn. Bhd., Emery Oleochemicals Group, Wilmar International Limited, Oleon NV, White Group Public Co., Ltd., Croda International Plc, and Kraton Corporation.
Market Segmentation
Based on Source
Plant
Animal
Based on Grade
Regular
Food
Pharmaceutical
Based on Application
Surfactant
Emulsifying Agent
Lubricating Agent
Chemical Intermediate
Adhesive & Sealant
Based on End User
Cosmetic & Personal Care
Textile
Pharmaceutical
Food & Beverages
Chemical
Geographical Analysis
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Asia-Pacific (APAC)
China
Japan
India
South Korea
Latin America (LATAM)
Brazil
Argentina
Middle East and Africa (MEA)
South Africa
South Arabia
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About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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