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Global Oleochemicals Market By Product, By Application, By Sales channel And Forecast 2022 - 2031
Oleochemicals Market
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The global oleochemicals market report by the business research company identifies the increased demand for sustainable plastics is expected to propel the oleochemical market
to be a major growth driver for the oleochemicals market. The use of plastic and other non-biodegradable materials has caused several environmental issues, forcing industries and customers to adapt to sustainable plastics. The use of sustainable plastic is intended to reduce inefficiencies that contribute to environmental harm and aid in the optimization of business operations. This surge in consumer demand for environmentally friendly plastic opens up new markets for oleochemicals, particularly in the cosmetics, pharmaceutical, fashion, and food industries.
The global oleochemicals market size is expected to grow from $22.85 billion in 2021 to $24.53 billion in 2022 at a compound annual growth rate (CAGR) of 7.38%. The global oleochemicals market size is expected to reach $32.61 billion in 2026 at a CAGR of 7.38%.
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Asia-Pacific was the largest region in the oleochemicals market in 2021, and it is also expected to be the fastest-growing region in the global oleochemicals market during the forecast period. The regions covered in the global oleochemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the organic food market are Cargill Inc., Kuala Lumpur Kepong Berhad, BASF SE, Oleon N.V., IOI Group Berhad, Wilmar International, Kao Corp, Emery Oleochemicals Group, Evonik Industries, KLK Oleo, SABIC, Evyap Oleo, Procter & Gamble Company, Croda Industrial Chemicals, and Ecogreen Oleochemicals.
The global oleochemicals market is segmented -
1) By Product: Specialty Esters, Fatty Acid Methyl Ester, Glycerol Esters, Alkoxylates, Fatty Amines
2) By Application: Personal Care and Cosmetics, Consumer Goods, Food Processing, Textiles, Industrial, Healthcare and Pharmaceuticals
3) By Sales Channel: Direct, Indirect
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The Oleochemicals Market Report Contents Include
1. Executive Summary
2. Oleochemicals Market Characteristics
3. Oleochemicals Market Trends And Strategies
4. Impact Of COVID-19 On Oleochemicals
5. Oleochemicals Market Size And Growth
....
26. Africa Oleochemicals Market
27. Oleochemicals Market Competitive Landscape And Company Profiles
28. Oleochemicals Pipeline Analysis
29. Key Mergers And Acquisitions In The Oleochemicals Market
30. Oleochemicals Market Future Outlook and Potential Analysis
31. Appendix
This report covers the trends and market dynamics of the oleochemicals market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Oleochemicals Market Introduction
Oleochemicals are a type of compounds that are derived from plants and animal oils or fats. Basic oleochemical substances, such as glycerol and fatty acids, can be obtained by splitting the triglycerides structure of oils or fats, followed by the process of the chemical reaction of oleochemical substances, such as fatty acids, by modification of carboxylic acid group.
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