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Kanika Sharma
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Oleochemicals Market 2024-2032: Global Size, Share, Growth, Trends and Forecast
Oleochemicals are a group of chemicals derived from natural oils and fats, primarily sourced from plants and animals.


Oleochemicals Market
BriefingWire.com, 3/04/2024 - The latest report by IMARC Group, titled “Oleochemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global oleochemicals market size reached US$ 25.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032. 

Oleochemicals encompass a range of organic substances extracted from natural fats and oils, predominantly sourced from plants like palm, soybean, and coconut. Through saponification, a chemical process, these fats and oils are broken down to produce essential constituents such as fatty acids, glycerin, and assorted derivatives.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/oleochemicals-market/requestsample

Oleochemicals Market Trends and Drivers:

The rise of the global oleochemicals market stems mainly from the escalating recognition of environmental sustainability. This trend encourages a rising inclination towards oleochemicals as opposed to conventional petroleum-based options. Businesses and consumers are actively seeking to diminish their carbon footprint and adopt more eco-friendly alternatives, thus driving this transition.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

Fatty Acids

Fatty Alcohols

Glycerine

Others

Breakup by Form:

Liquid

Solid 

Flakes

Pellets

Beads

Others 

Breakup by Application:

Soaps and Detergents

Plastics

Paper

Lubricants

Rubber

Coatings and Resins

Personal Care Products

Others

Breakup by Feedstock:

Palm

Soy

Rapeseed

Sunflower

Tallow

Palm Kernel

Coconut

Others

Market Breakup by Region:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Competitive Landscape with Key Player:

Akzo Nobel N.V.

BASF SE

Cargill, Incorporated

Emery Oleochemicals Group

Evonik Industries AG

Evyap Oleo

Godrej & Boyce Mfg. Co. Ltd.

Kao Corporation

KLK Oleo

Myriant Technologies

Oleon NV

Procter & Gamble Company

PTT Global Chemical Public Company Limited

Corbion N.V.

Wilmar International Ltd.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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