1. Market Research
  2. > Chemical Market Trends

Oleochemicals Market Analysis By Product (Fatty Acid, Fatty Alcohol, Glycerol) And Segment Forecasts To 2020

  • May 2016
  • 59 pages
  • Grand View Research
Report ID: 3340652

Summary

Table of Contents

The global oleochemicals market is expected to reach USD 30.03 billion by 2020. Increasing demand for bio-based products from various end-use industries such as soaps & detergents, pharmaceuticals and personal care is expected to remain a key driving factor for the global oleochemicals market. Industry has shifted its focus towards developing bio-based products on account of volatility in petrochemicals prices due to supply demand imbalances which is also expected to have a positive influence on oleochemicals demand over the forecast period. Initiatives from different environmental associations regarding toxic emissions from petrochemicals are expected to further help oleochemicals penetrate the market on account of its biodegradable and renewable raw materials.

Oleochemical products are used in various end-use industries including personal care, food additives, surfactants, and pharmaceuticals. Polyamide and polyols are manufactured using oleochemical advanced routes which are used in producing polyurethane, a major raw material for fabric industry. Growth of these end-use industries particularly in emerging economies of India, China and Brazil is also expected to drive the demand for oleochemicals. Availability of key feedstock on account of overlapping with other applications is expected to remain a key challenge for market participants over the next six years.

Further key findings from the study suggest:

Fatty acids were the leading oleochemical product and accounted for 57% of total demand in 2013. Growing demand for fatty acid as raw material in end-use industries such as detergent and personal care is expected drive its demand over the forecast period. Glycerol is expected to witness significant growth rate over the next six years. Global demand for fatty acids is expected to grow at an estimated CAGR of 6.4% from 2014 to 2020. Increasing glycerol applications in food & beverages industry is expected to drive its demand over the next several years. Growing awareness for green chemistry among consumers is also expected to have positive impact on glycerol demand.
Asia Pacific was the largest regional oleochemicals market and accounted for 41.9% of total market volume in 2013. Rapidly expanding end-use industries such as food & beverages, personal care and pharmaceuticals in the region is expected to drive the regional oleochemicals demand. Availability of key raw material in abundance particularly in Malaysia, China, Indonesia and Thailand is also expected to have a positive influence on the market growth. Asia Pacific is also expected to be the most lucrative regional market for oleochemicals over the foreseeable future. Asia Pacific along with largest consumer is also the largest producer of oleochemicals. European oleochemicals demand is expected to grow at an estimated CAGR of 4.1% from 2014 to 2020.
Global oleochemicals market is moderately concentrated with top four companies accounted for over 55% of the total market. Oleochemicals market witnessed a large number of mergers and acquisitions and there are significant opportunities for the market occupants to introduce diversified products to sustain market growth. Top oleochemicals market players include ADM, Akzo Nobel, BASF Cognis, Cargill, Emery Oleochemicals, Evonik, Oleon, KLK Malaysia, and Wilmar International.
For the purpose of this study, Grand View Research has segmented the oleochemicals market on the basis of product and region:

Global Oleochemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
- Fatty Acids
- Soaps & Detergents
- Intermediates
- Plastics
- Rubber
- Paper
- Lubricants & Greases
- Personal Care
- Others
- Fatty Alcohols
- Soaps & Detergents
- Personal Care
- Lubricants
- Amines
- Others
- Glycerol
- Personal Care & Pharmaceuticals
- Alkyd Resin
- Food & Beverages
- Polyether Polyols
- Tobacco Humectants
- Others
- Others
Global Oleochemicals Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2020)
- North America
- U.S.
- Europe
- Germany
- France
- UK
- Asia Pacific
- China
- Japan
- RoW

Please note: this report requires certain updates. We have all the information available but require 2 working days business days to complete the process and ensure it is as up-to-date as possible.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Glycerin Market by Process, Source, Application, Grade, Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The glycerin market is projected to register a CAGR of 6.8% during the forecast period in terms of value” The global glycerin market is projected to reach USD 3.12 billion by 2021, at a CAGR of 6.8% ...

Fatty Amines Market Analysis By Carbon Chain Length (C8, C10, C12, C14, C16, C18), By Product (Primary, Secondary, Tertiary), By Application, By Region, And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • June 2017
  • by Grand View Research

The global fatty amines market is anticipated to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand for high-quality surfactants and emulsifiers due ...

Alcohol Ethoxylates Market Analysis By Product, By Application, By End-use And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • July 2017
  • by Grand View Research

Alcohol Ethoxylates Market Analysis By Product (Fatty Alcohol, Lauryl Alcohol, Linear Alcohol), By Application (Emulsifier, Dispersing Agent, Wetting Agent), By End-use, And Segment Forecasts, 2014 - 2025 ...

Global Surfactants Market

July 2017 $ 4250

Download Unlimited Documents from Trusted Public Sources

Olefins Markets in Laos - Forecast

  • May 2017
    22 pages
  • Olefins  

    Polyethylene  

    Low-Density Pol...  

  • Laos  

    Asia  

    World  

View report >

Coating Industry in the US

  • January 2017
    160 pages
  • Coating  

    Turbine  

    Gas Turbine  

  • United States  

View report >

Oleochemicals Industry

  • January 2017
    8 pages
  • Oleochemicals  

    Milk  

View report >

Related Market Segments :

Oleochemicals

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.