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Oleochemicals Market, Oleochemicals Manufacturers | Market Analysis - 2023

03-29-2018 09:25 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Market Research

Oleochemicals Market, Oleochemicals Manufacturers | Market

The global oleochemicals market is witnessing growth due to the favorable government regulations for environment friendly products, recyclability of oleochemicals, increasing demand for biodegradable and sustainable products, and growing end-user industries. High growth in the pharmaceutical, cosmetics and food industries are supporting the demand for these chemicals.

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The significant growth of the pharmaceutical, personal care, and food and beverage industries in emerging economies, such China, India, and Brazil, are creating ample opportunities for the growth of global market during the forecast period.

Oleochemicals are the chemicals derived from natural fat and oil from plants and animals. These are obtained by splitting triglyceride structure of fat and oils into fatty acids and glycerol. 

The oleochemicals are analogous to the petrochemicals derived from petroleum. These chemicals have potential to replace a significant portion of petrochemicals, as these are derived from the renewable resources and are environment friendly. 

Geographically, Asia-Pacific dominated the global market, owing to high consumption and production of oleochemicals in the region, easy availability of feedstock, and government support for bio-based products. The region is also anticipated to witness the highest growth during 2016 – 2022. 

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The key players operating in the global market are Alnor Oil Company, Arizona Chemical Company LLC, BASF SE, Cargil Incorporated, Eastman Chemical Company, Procter & Gamble, Evonik Industries AG, Godrej Group, Emery Oleochemicals Group, PTT Global Chemical Public Company Limited, Wilmar International Ltd., and Berg+Schmidt GmbH & Co. KG.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.


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