Global Oleochemicals (Fatty Acid, Glycerol, Fatty Alcohol) Market Size, Share & Trends Analysis Report 2018 - Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 7, 2018--The “Oleochemicals Market Size, Share & Trends Analysis Report By Product (Fatty Acid, Glycerol, Fatty Alcohol), By Region (APAC, MEA, Europe, North America, CSA), And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global oleochemicals market size is projected to reach USD 31.9 billion by 2025, exhibiting a CAGR of 5.2% over the forecast period.
It projected to witness a shift from petrochemicals to bio-based chemicals due to increasing concerns regarding the adverse effects of petrochemicals on the environment.
Growing oleochemical manufacturing capacity in (ASEAN), coupled with its robust raw material integration, is the most fundamental explanation behind the extraordinary reorganization taking place in the global oleochemicals. Increased pressure on margins from large-scale and highly productive manufacturing units in ASEAN will keep on influencing the global picture.
Fatty acids were the most consumed oleochemicals globally. The product segment enjoys the maximum share in the overall market on account of its gaining popularity in soaps and detergents industry. However, in relation to other oleochemicals such as glycerol and fatty alcohol, fatty acids are considered to be a mature segment and are expected to grow at a relatively lower rates, as compared to other counterparts.
Asia Pacific was the foremost consumer and is projected to observe the fastest growth over the next few years. This growth can be attributed to the ample supply of vegetable oil and rapidly expanding application segments including personal care, food and beverage, and bio-chemical manufacturing. Europe is projected to exhibit a moderate growth over the years to come. Increasing demand for biodiesel and bioenergy is expected to have a positive impact on this region.
Major companies in the market are TerraVia Holdings, Inc.; KLK Oleo Sd. Bhd.; Evyap; Kao Chemicals; Godrej Industries Ltd.; IOI Corporation; and Wilmar International Ltd.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
Chapter 4 Oleochemicals Market: Product Estimates & Trend Analysis
Chapter 5 Oleochemicals Market: Regional Estimates & Trend Analysis
Chapter 6 Competitive Landscape
Chapter 7 Company ProfilesBASF Kuala Lumpur Kepong Berhad Cargill, Incorporated Wilmar International Emery Oleochemicals Archer Daniels Midland Company Kao Corporation Evonik Industries Akzonobel N.V. IOI Corporation Berhad SABIC Godrej Industries Evyap Sabun Yag Gliserin San. ve Tic. A.S. Tm Haklari Saklidir (Evyap) Ecogreen Oleochemicals Vantage Specialty Chemicals, Inc. Oleon Chemrez Technologies, Inc. JNJ Oleochemicals Inc., Stepan Philippines Inc
For more information about this report visit https://www.researchandmarkets.com/research/ft2vd4/global?w=4
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Related Topics:Cosmetic Chemicals,Detergent Chemicals
KEYWORD: EUROPE ASIA PACIFIC
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS RETAIL COSMETICS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/07/2018 09:34 AM/DISC: 11/07/2018 09:35 AM