Global Oleochemicals Market Forecast to 2027
The global oleochemicals market is forecast to reach USD 35.87 Billion by 2027, according to a new report by Reports and Data. Rapid growth in the production of kernel oil and palm oil is one of the significant factors in oleochemicals market growth. Reliable, efficient, and cost-effective oleochemical plants are ready to cater to incrementing demands. There is a rise in the acceptance of bio-based lubricants and they are replacing the traditional and synthetic lubricants, which in turn is improving the efficiency of vehicles. Waste vegetable oils as a low-cost, sustainable, and low-toxicity feedstock are garnering more interests for the production of oleochemicals, which are ideal substitutes for petroleum-based chemicals widely prevalent in the petroleum industry.
The report also covers the impact of the COVID-19 pandemic on the Oleochemicals market and major segments. The pandemic has affected every industry vertical either positively or negatively. The report discusses in detail the changes in the demands and trends and the major challenges of the market created due to the pandemic. The report also offers a thorough current and future analysis of the impact of the COVID-19 pandemic on the overall growth of the market.
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The report presents a panoramic view of the competitive landscape of the Oleochemicals market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry. The report also focuses on strategic alliances in the Oleochemicals market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.
Top Players Analyzed in the Report are:
BASF SE, Wilmar International Ltd., Godrej Industries, Eastman Chemical Company, Evonik Industries, P&G Chemicals, Arizona Chemical Company LLC, Emery Oleochemicals Group, Cargill Incorporated, and Emery Oleochemicals Group, among others.
For a comprehensive value chain analysis, the report covers the downstream and upstream essentials of the Oleochemicals market. It also pays special focus on the growth process, macro- and micro-economic factors, raw material sources analysis, and other technical data. The report further segments the market on the basis of types, applications, and regions and offers insights into the segments that have the highest penetration and profit margin, along with recent developments based on geographies.
Raw Material Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Natural
- Synthetic
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Fatty Acid
- Fatty Alcohol
- Glycerin
- Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Food and Beverage
- Pharmaceutical and Personal Care
- Soaps and Detergents
- Polymers
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Benefits of Global Oleochemicals Market Report:
- Comprehensive analysis of the changing market dynamics
- A futuristic outlook on different factors influencing the market
- An 8-year forecast of the market growth and expected revenue growth
- Ease of understanding of the market, key segments, and their future growth
- In-depth analysis of the competitive landscape to give an advantageous edge for the companies
- Extensive insight into the market with in-depth analysis of the segmentation
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