Product Code: A03188
According to a new report published by Allied Market Research, titled, "Oleochemicals Market," The oleochemicals market was valued at $29.9 billion in 2022, and is estimated to reach $55.2 billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.
Oleochemicals are chemical compounds derived naturally from plant & animal oils and are used as feedstock or additives in a variety of industries. They are an alternative to petrochemicals, which are derived from petroleum. They are utilized in numerous industries, including personal care, cosmetics, pharmaceuticals & nutraceuticals, coatings, adhesives, food, elastomers & sealants, as well as domestic and industrial cleaning. As demand for oleochemicals rises, oilseed production is anticipated to increase. As crude oil prices rose in the late 1970s, manufacturers switched from petrochemical to oleochemical products, as plant-based saturated fatty oils derived from palm oil are significantly cheaper. Since then, palm oil has been utilized extensively in the production of laundry detergents and hygiene products, such as toothpaste, shower balm, soap bars, and shampoo.
Rise in demand for biodiesel and the rapid expansion of the fast-moving consumer goods industry are the primary growth drivers for the market. Growing global demand for biodegradable and sustainable solutions influences the global oleochemicals market. Moreover, the increasing use of oleochemicals by major manufacturers to produce bio-lubricants, bio-surfactants, and biopolymers as eco-friendly alternatives to petrochemicals is a significant growth driver. In addition, baby care products, soaps, cosmetics, and food ingredients that contain organic ingredients are acquiring popularity and driving the market growth. Other factors, such as increased R&D into metabolic engineering strategies for producing oleochemicals from sustainable and renewable feedstocks are anticipated to further drive the market. However, the production of certain feedstocks for oleochemicals, such as palm oil, has been associated with concerns related to deforestation and environmental impact. The industry must address sustainability issues and work toward responsible sourcing to mitigate these concerns.
Shift Toward Bio-based Raw Materials
Oleochemicals are derived from natural fats and oils, which are primarily sourced from plants and animals. The use of bio-based raw materials, such as vegetable oils, aligns with the global push for sustainability. Consumers and industries are increasingly concerned about the environmental impact of traditional petrochemical-based products, leading to a preference for renewable and eco-friendly alternatives such as oleochemicals. Bio-based oleochemicals have a lower carbon footprint compared to traditional petrochemical-based products. The production processes for bio-based materials often generate fewer greenhouse gas emissions, contributing to overall environmental sustainability. The growing awareness among consumers about environmental issues has led to an increased preference for products derived from bio-based and renewable sources. Oleochemicals meet this demand and align with the broader trend of eco-conscious consumerism.
Governments worldwide are implementing policies and regulations that support the use of bio-based raw materials. Incentives, subsidies, and mandates promote the adoption of oleochemicals and contribute to the overall growth of the bio-based economy. Furthermore, the concept of a bioeconomy, where biological resources are sustainably utilized to produce goods and energy, is gaining traction. Oleochemicals play a crucial role in the bioeconomy by providing bio-based alternatives in various industrial applications. The shift toward bio-based raw materials is a key driver not only for the oleochemicals market but also for the broader movement toward a more sustainable and circular economy. As the demand for bio-based alternatives continues to grow, the oleochemicals market is well-positioned to play a pivotal role in meeting these sustainability goals.
For the purpose of analysis, the oleochemicals market is segmented into type, application, and region. The report provides details about various types of global oleochemicals available in the market such as fatty acids, fatty alcohol, glycerol, and others. The applications covered in the study include pharmaceutical, personal care & cosmetics, food & beverages, soap & detergents, polymers, and others. In addition, the analysis presented in this section elaborates the attractiveness of each region, including North America, Europe, Asia-Pacific, and LAMEA to identify the lucrative market areas for investment.
The report further covers the strategies adopted by the key players to sustain the competitive environment and increase their market share. In addition, the report covers profiles of the key industry participants in the global oleochemicals market that Emery Oleochemicals, Wilmar International, Oleon NV, KLK Oleo, Musim Mas Group, Croda International, IOI Group, Procter & Gamble Co., Twin River Technologies, and Kao Corporation.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the oleochemicals market analysis from 2022 to 2032 to identify the prevailing oleochemicals market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the oleochemicals market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global oleochemicals market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Investment Opportunities
- Go To Market Strategy
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Average Selling Price Analysis / Price Point Analysis
- Criss-cross segment analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Import Export Analysis/Data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- List of customers/consumers/raw material suppliers- value chain analysis
- Market share analysis of players at global/region/country level
- SWOT Analysis
- Volume Market Size and Forecast
Key Market Segments
By Type
- Fatty Acid
- Fatty Alcohol
- Glycerol
- Others
By Application
- Pharmaceuticals
- Personal Care and Cosmetics
- Food and Beverages
- Soap and Detergents
- Polymers
- Others
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Thailand
- Vietnam
- Philippines
- Indonesia
- Malaysia
- Singapore
- Japan
- South Korea
- India
- China
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Rest of LAMEA
Key Market Players:
- Emery Oleochemicals
- Wilmar International Ltd
- Croda International plc
- Evonik Industries AG
- Twin Rivers Technologies, Inc.
- Musim Mas
- Procter & Gamble
- Cargill Incorporated.
- Oleon NV
- IOI Oleochemical
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Shift Toward Bio-based Raw Materials
- 3.4.1.2. Increased demand for sustainable and biodegradable products
- 3.4.1.3. Lower cost and durability of basic materials
- 3.4.2. Restraints
- 3.4.2.1. Formation of volatile organic compounds during pretreatment of glycerin
- 3.4.3. Opportunities
- 3.4.3.1. Rising Demand for Biofuels
- 3.5. Value Chain Analysis
- 3.6. Patent Landscape
- 3.7. Pricing Analysis
- 3.8. Key Regulation Analysis
CHAPTER 4: OLEOCHEMICALS MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Fatty Acid
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Fatty Alcohol
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.3.4. Fatty Alcohol Oleochemicals Market by Type
- 4.3.4.1. Ethoxylate Market size and forecast, by region
- 4.3.4.2. Ethoxylate Market size and forecast, by country
- 4.3.4.3. Others Market size and forecast, by region
- 4.3.4.4. Others Market size and forecast, by country
- 4.4. Glycerol
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: OLEOCHEMICALS MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Pharmaceuticals
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Personal Care and Cosmetics
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Food and Beverages
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Soap and Detergents
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Polymers
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
- 5.7. Others
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
CHAPTER 6: OLEOCHEMICALS MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Type
- 6.2.2.1. North America Fatty Alcohol Oleochemicals Market by Type
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Market size and forecast, by Type
- 6.2.4.1.1.1. U.S. Fatty Alcohol Oleochemicals Market by Type
- 6.2.4.1.2. Market size and forecast, by Application
- 6.2.4.2. Canada
- 6.2.4.2.1. Market size and forecast, by Type
- 6.2.4.2.1.1. Canada Fatty Alcohol Oleochemicals Market by Type
- 6.2.4.2.2. Market size and forecast, by Application
- 6.2.4.3. Mexico
- 6.2.4.3.1. Market size and forecast, by Type
- 6.2.4.3.1.1. Mexico Fatty Alcohol Oleochemicals Market by Type
- 6.2.4.3.2. Market size and forecast, by Application
- 6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Type
- 6.3.2.1. Europe Fatty Alcohol Oleochemicals Market by Type
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. Germany
- 6.3.4.1.1. Market size and forecast, by Type
- 6.3.4.1.1.1. Germany Fatty Alcohol Oleochemicals Market by Type
- 6.3.4.1.2. Market size and forecast, by Application
- 6.3.4.2. France
- 6.3.4.2.1. Market size and forecast, by Type
- 6.3.4.2.1.1. France Fatty Alcohol Oleochemicals Market by Type
- 6.3.4.2.2. Market size and forecast, by Application
- 6.3.4.3. UK
- 6.3.4.3.1. Market size and forecast, by Type
- 6.3.4.3.1.1. UK Fatty Alcohol Oleochemicals Market by Type
- 6.3.4.3.2. Market size and forecast, by Application
- 6.3.4.4. Italy
- 6.3.4.4.1. Market size and forecast, by Type
- 6.3.4.4.1.1. Italy Fatty Alcohol Oleochemicals Market by Type
- 6.3.4.4.2. Market size and forecast, by Application
- 6.3.4.5. Spain
- 6.3.4.5.1. Market size and forecast, by Type
- 6.3.4.5.1.1. Spain Fatty Alcohol Oleochemicals Market by Type
- 6.3.4.5.2. Market size and forecast, by Application
- 6.3.4.6. Rest of Europe
- 6.3.4.6.1. Market size and forecast, by Type
- 6.3.4.6.1.1. Rest of Europe Fatty Alcohol Oleochemicals Market by Type
- 6.3.4.6.2. Market size and forecast, by Application
- 6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Type
- 6.4.2.1. Asia-Pacific Fatty Alcohol Oleochemicals Market by Type
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. Thailand
- 6.4.4.1.1. Market size and forecast, by Type
- 6.4.4.1.1.1. Thailand Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.1.2. Market size and forecast, by Application
- 6.4.4.2. Vietnam
- 6.4.4.2.1. Market size and forecast, by Type
- 6.4.4.2.1.1. Vietnam Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.2.2. Market size and forecast, by Application
- 6.4.4.3. Philippines
- 6.4.4.3.1. Market size and forecast, by Type
- 6.4.4.3.1.1. Philippines Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.3.2. Market size and forecast, by Application
- 6.4.4.4. Indonesia
- 6.4.4.4.1. Market size and forecast, by Type
- 6.4.4.4.1.1. Indonesia Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.4.2. Market size and forecast, by Application
- 6.4.4.5. Malaysia
- 6.4.4.5.1. Market size and forecast, by Type
- 6.4.4.5.1.1. Malaysia Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.5.2. Market size and forecast, by Application
- 6.4.4.6. Singapore
- 6.4.4.6.1. Market size and forecast, by Type
- 6.4.4.6.1.1. Singapore Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.6.2. Market size and forecast, by Application
- 6.4.4.7. Japan
- 6.4.4.7.1. Market size and forecast, by Type
- 6.4.4.7.1.1. Japan Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.7.2. Market size and forecast, by Application
- 6.4.4.8. South Korea
- 6.4.4.8.1. Market size and forecast, by Type
- 6.4.4.8.1.1. South Korea Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.8.2. Market size and forecast, by Application
- 6.4.4.9. India
- 6.4.4.9.1. Market size and forecast, by Type
- 6.4.4.9.1.1. India Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.9.2. Market size and forecast, by Application
- 6.4.4.10. China
- 6.4.4.10.1. Market size and forecast, by Type
- 6.4.4.10.1.1. China Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.10.2. Market size and forecast, by Application
- 6.4.4.11. Australia
- 6.4.4.11.1. Market size and forecast, by Type
- 6.4.4.11.1.1. Australia Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.11.2. Market size and forecast, by Application
- 6.4.4.12. Rest of Asia-Pacific
- 6.4.4.12.1. Market size and forecast, by Type
- 6.4.4.12.1.1. Rest of Asia-Pacific Fatty Alcohol Oleochemicals Market by Type
- 6.4.4.12.2. Market size and forecast, by Application
- 6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Type
- 6.5.2.1. LAMEA Fatty Alcohol Oleochemicals Market by Type
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Market size and forecast, by Type
- 6.5.4.1.1.1. Brazil Fatty Alcohol Oleochemicals Market by Type
- 6.5.4.1.2. Market size and forecast, by Application
- 6.5.4.2. Argentina
- 6.5.4.2.1. Market size and forecast, by Type
- 6.5.4.2.1.1. Argentina Fatty Alcohol Oleochemicals Market by Type
- 6.5.4.2.2. Market size and forecast, by Application
- 6.5.4.3. South Africa
- 6.5.4.3.1. Market size and forecast, by Type
- 6.5.4.3.1.1. South Africa Fatty Alcohol Oleochemicals Market by Type
- 6.5.4.3.2. Market size and forecast, by Application
- 6.5.4.4. Rest of LAMEA
- 6.5.4.4.1. Market size and forecast, by Type
- 6.5.4.4.1.1. Rest of LAMEA Fatty Alcohol Oleochemicals Market by Type
- 6.5.4.4.2. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product mapping of top 10 player
- 7.4. Competitive dashboard
- 7.5. Competitive heatmap
- 7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
- 8.1. Emery Oleochemicals
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Key strategic moves and developments
- 8.2. Wilmar International Ltd
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.3. Musim Mas
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.4. Croda International plc
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.5. Procter & Gamble
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.6. Twin Rivers Technologies, Inc.
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.7. Evonik Industries AG
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
- 8.8. Cargill Incorporated.
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.9. IOI Oleochemical
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.10. Oleon NV
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio