Global Specialty Oleochemicals Market size is expected to reach 16.92 US$ Mn in year 2030, at a CAGR of 5.6 % during the forecast period. The global Specialty Oleochemicals Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global market report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Specialty Oleochemicals Market Overview:
The Specialty oleochemicals are plant-based feedstock like rapeseed oil, soybean oil, palm oil, and sunflower oil. Specialty oleochemicals are naturally occurring biodegradable compounds. Rising consumer demand for biosurfactants, biodegradable polymers, and lubricants have concluded in the surge intake of specialty oleochemicals.Specialty Oleochemicals Market Dynamics:
The consumption of oleochemicals in the form of fatty acids, used for the production of soaps and detergents, surfactants, lubricants, varnishes, and pharmaceuticals is creating the demand for oleochemicals in the market. The market share of specialty oleochemical market size was valued at USD 19.8 billion in the base year 2023 and is anticipated to grow at a CAGR of 7.5% in the forecast period. The oleochemical industry is recently focusing on economic and renewable feedstocks to produce oleochemicals with high biodegradability, low toxicity, and less environmental impact. Oleochemicals are produced from plant oils and are used for the production of cosmetics, lubricants, and other chemical products. The increasing demand for oleochemical production is predicted to rise oilseed production. Of the 105 million tonnes of fats and oils produced in the world, every year is about 80% is consumed for human food. As the awareness regarding plastic and polymer biodegradability is pushing the key players to focus on innovations and development regarding bio-based alternatives. To sustain in the market the manufacturers are investing more into strategic partnerships and collaborations. This factor is responsible to increase the market penetrations and sustainable growth of the market in the forecast period.Segment Analysis:
By Type Specialty Ester, Fatty Acid Methyl Ester, Glycerol Ester, Alkoxylates, Fatty Amines, and Others. Specialty Easter is dominating the specialty oleochemical market due to its economic nature and wide application in industries like medical, food, packaging, construction, automotive, and paints & coatings. Fatty Acid Methyl Ester is the second dominating is specialty oleochemical market. The market share of Fatty the Acid Methyl Ester was valued at USD 22.30 billion in the year 2018 and is expected to reach 25.34 billion at a CAGR of 5.9% in the forecast period. Various types of fatty acid methyl ester are rapeseed methyl ester, soy methyl ester, palm oil methyl ester, and others. The fatty acid methyl ester is employed in various industries and applications like fuel, lubricant, coating, metalworking fluids, and food and agriculture. The fatty acid methyl ester is formed by transesterification of methanol and fats from vegetable oils, waste cooking oil, and animal fats. By Application: Personal Care & Cosmetics, Food Processing, Consumer Goods, Health & Pharmaceuticals, Polymer & Plastic Additives, Textile, Paints & Coatings, and Others. Personal care and cosmetic sub-segment are dominating the specialty oleochemical market as the demand for cosmetics has taken over due to organic and anti-aging products responsible to maintain the physic and appearance of the individual. The market share of the cosmetic industry was valued at 378.3 billion in 2023 and is estimated to grow at a CAGR of 5.6% in the forecast period. Personal Care products and cosmetics are generally creating wider opportunities for the end-users to invest in the market due to the wide range of personal care products and their applications globally and is the highest growing market globally after food and beverages. The organic and green nature of the oleochemicals is driving the market growth as they are derived from plants and natural fats and do not cause harm. The demand for sensitive skin products is fueling the inculcation of bio-specialty oleochemical products in the cosmetic industry. Consumer goods are second dominating in the specialty oleochemical market as the demand for perfumes, house cleaners, detergent, shampoos, and soaps is boosting the market growth. As the use of oleochemicals in consumer goods has proven to be less toxic and no harmful effects shown to the human body and manufactured by the naturally occurring raw materials is expected to proliferate the market growth of specialty oleochemicals in near future.Regional Insights:
Specialty Oleochemicals Market Regional Insights is segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia Pacific is dominating the specialty oleochemical market. The dominating countries of Asia Pacific in the specialty oleochemical market are Indonesia and Malaysia. As the leading countries are chief manufactures of raw materials and the major raw material is palm oil and palm kernel oil coupled with huge consumption in the regional area. Additionally, Asia Pacific is dominating in end-user industries as well and is likely to grow in the forecast period. Europe is second dominating in the specialty oleochemical market due to favorable government policies and regulatory guidelines imposed by the regional authorities and is further expected to boost the market growth of the specialty oleochemical market in near future. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global Specialty Oleochemicals Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Specialty Oleochemicals Market make the report investor’s guide.Specialty Oleochemicals Market Scope: Inquire before buying
Specialty Oleochemicals Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 11.55 Mn. Forecast Period 2024 to 2030 CAGR: 5.6% Market Size in 2030: US $ 16.92 Mn. Segments Covered: by Type Specialty Ester Fatty Acid Methyl Ester Glycerol Ester Alkoxylates Fatty Amines Others by Application Personal Care & Cosmetics Food Processing Consumer Goods Health & Pharmaceuticals Polymer & Plastic Additive Textile, Paints & Coatings Others Specialty Oleochemicals Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Specialty Oleochemicals Market, Key Players
1. MERY Oleochemicals 2. Alnor Oil Company 3. KLK OLEO 4. PT. Ecogreen Oleochemicals 5. H.I.G. Capital 6. LLC 7. IOI Corporation Berhad 8. Oleon NV. 9. Vegetables Vitamins Foods Company 10. Evonik Industries 11. Kao Corporation 12. Vantage Specialty Chemicals and Wilmar International Ltd. Frequently Asked Questions: 1. Which region has the largest share in Global Specialty Oleochemicals Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global Specialty Oleochemicals Market? Ans: The Global Specialty Oleochemicals Market is growing at a CAGR of 5.6% during forecasting period 2024-2030. 3. What is scope of the Global Specialty Oleochemicals Market report? Ans: Global Specialty Oleochemicals Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Specialty Oleochemicals Market? Ans: The important key players in the Global Specialty Oleochemicals Market are – MERY Oleochemicals, Alnor Oil Company, KLK OLEO, PT. Ecogreen Oleochemicals, H.I.G. Capital, LLC, IOI Corporation Berhad, Oleon NV., Vegetables Vitamins Foods Company, Evonik Industries, Kao Corporation, and Vantage Specialty Chemicals and Wilmar International Ltd. 5. What is the study period of this Market? Ans: The Global Specialty Oleochemicals Market is studied from 2023 to 2030.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Specialty Oleochemicals Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Specialty Oleochemicals Market 3.4. Geographical Snapshot of the Specialty Oleochemicals Market, By Manufacturer share 4. Global Specialty Oleochemicals Market Overview, 22023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Specialty Oleochemicals Market 5. Supply Side and Demand Side Indicators 6. Global Specialty Oleochemicals Market Analysis and Forecast, 22023-2030 6.1. Global Specialty Oleochemicals Market Size & Y-o-Y Growth Analysis. 7. Global Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 7.1. Market Size (Value) Estimates & Forecast By Type, 22023-2030 7.1.1. Specialty Ester 7.1.2. Fatty Acid Methyl Ester 7.1.3. Glycerol Ester 7.1.4. Alkoxylates 7.1.5. Fatty Amines 7.1.6. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 7.2.1. Personal Care & Cosmetics 7.2.2. Food Processing 7.2.3. Consumer Goods 7.2.4. Health & Pharmaceuticals 7.2.5. Polymer & Plastic Additive 7.2.6. Textile, Paints & Coatings 7.2.7. Others 8. Global Specialty Oleochemicals Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 22023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 9.1. Market Size (Value) Estimates & Forecast By Type, 22023-2030 9.1.1. Specialty Ester 9.1.2. Fatty Acid Methyl Ester 9.1.3. Glycerol Ester 9.1.4. Alkoxylates 9.1.5. Fatty Amines 9.1.6. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 9.2.1. Personal Care & Cosmetics 9.2.2. Food Processing 9.2.3. Consumer Goods 9.2.4. Health & Pharmaceuticals 9.2.5. Polymer & Plastic Additive 9.2.6. Textile, Paints & Coatings 9.2.7. Others 10. North America Specialty Oleochemicals Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 22023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 11.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 11.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 12. Canada Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 12.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 12.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 13. Mexico Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 13.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 13.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 14. Europe Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 14.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 14.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 15. Europe Specialty Oleochemicals Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 22023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 16.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 16.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 17. France Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 17.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 17.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 18. Germany Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 18.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 18.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 19. Italy Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 19.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 19.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 20. Spain Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 20.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 20.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 21. Sweden Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 21.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 21.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 22. CIS Countries Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 22.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 22.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 23. Rest of Europe Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 23.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 23.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 24. Asia Pacific Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 24.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 24.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 25. Asia Pacific Specialty Oleochemicals Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 22023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 26.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 26.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 27. India Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 27.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 27.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 28. Japan Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 28.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 28.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 29. South Korea Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 29.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 29.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 30. Australia Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 30.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 30.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 31. ASEAN Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 31.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 31.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 32. Rest of Asia Pacific Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 32.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 32.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 33. Middle East Africa Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 33.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 33.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 34. Middle East Africa Specialty Oleochemicals Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 22023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 35.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 35.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 36. GCC Countries Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 36.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 36.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 37. Egypt Nitrobenzene e-Market Analysis and Forecasts, 22023-2030 37.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 37.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 38. Nigeria Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 38.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 38.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 39. Rest of ME&A Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 39.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 39.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 40. South America Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 40.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 40.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 41. South America Specialty Oleochemicals Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 22023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 42.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 42.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 43. Argentina Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 43.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 43.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 44. Rest of South America Specialty Oleochemicals Market Analysis and Forecasts, 22023-2030 44.1. Market Size (Value) Estimates & Forecast By Types, 22023-2030 44.2. Market Size (Value) Estimates & Forecast By Application, 22023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Nitrobenzene Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades, and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Vantage Specialty Chemicals and Wilmar International Ltd 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. MERY Oleochemicals 45.3.3. Alnor Oil Company 45.3.4. KLK OLEO 45.3.5. PT. Ecogreen Oleochemicals 45.3.6. H.I.G. Capital 45.3.7. LLC 45.3.8. IOI Corporation Berhad 45.3.9. Oleon NV. 45.3.10. Vegetables Vitamins Foods Company 45.3.11. Evonik Industries 45.3.12. Kao Corporation