Press release
The Report is a Comprehensive Presentation of Trends, Forecast and Dollar Values of Global Oleochemicals Market
Oleochemicals are chemicals derived from plant and animal fats. They are analogous to petrochemicals derived from petroleum. The formation of basic oleochemical substances like fatty acids, fatty acid methyl esters (FAME), fatty alcohols, fatty amines and glycerols are by various chemical and enzymatic reactions.
Southeast Asian countries' rapid production growth of palm oil and palm kernel oil in the 1980s spurred the oleochemical industry in Malaysia, Indonesia, and Thailand. Many oleochemical plants were built. Though a nascent and small industry when pitted against big detergent giants in the US and Europe, oleochemical companies in southeast Asia had competitive edge in cheap ingredients.
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"Global Oleochemicals Market Covers Segments Such as, Type and Application"
Company Covered in this Report
• BASF
• Cargill
• KLK Oleo
• Wilmar International
• Procter and Gamble
• Akzonobel
• Evonik Industries
• ADM
• Croda International
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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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