Market Research Report
Oleochemicals Fatty Acids - Global Market Outlook (2016-2022)
|Published by||Stratistics Market Research Consulting||Product code||521423|
|Published||Content info||160 Pages
Delivery time: 1-2 business days
|Oleochemicals Fatty Acids - Global Market Outlook (2016-2022)|
|Published: January 1, 2017||Content info: 160 Pages||
According to Stratistics MRC, the Global Oleochemicals Fatty Acids market is estimated at $17.73 billion in 2015 and is expected to reach $30.62 billion by 2022 growing at a CAGR of 8.1% from 2015 to 2022. Some of the key drivers of the market include consumer-driven demand and recyclability. Moreover, demand for food & beverages, soaps & detergents act as opportunities for the market growth. Exposure to consumer trends is favouring markets such as cleaning, beauty and food.
Asia-Pacific held the largest share in 2015, China being the top contributor. Japan, China and India are the prominent countries with a huge demand for oleochemicals. Growing applications of oleochemicals in the soaps & detergents industry is boosting investments in the oleochemicals market. The demand for oleochemicals is rising in the pharmaceutical & personal care industry as consumers are becoming conscious about the environmental benefits and cost effectiveness offered by oleochemicals. Significant mergers and acquisitions, collaborations, and joint ventures are the industry trends that are playing a major role for the market growth.
Some of the key players in the market include 3F Group, Amyris, Arizona Chemical Company LLC, Cargill Incorporated, CREMER, Emery Oleochemicals, Evonik Industries, Genomatica, Godrej Industries, Isosciences LLC, KLK OLEO, Mery Oleochemicals, P&G Chemicals, PT Musim Mas, Solazyme, Vegetable Vitamin Foods Company Pvt. Ltd and Wilmar International Ltd,.
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