Market Research Report
Oleochemical Fatty Acids - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||682103|
|Published||Content info||201 Pages
Delivery time: 1-2 business days
|Oleochemical Fatty Acids - Global Market Outlook (2017-2026)|
|Published: August 1, 2018||Content info: 201 Pages||
According to Stratistics MRC, the Global Oleochemical Fatty Acids Market is accounted for $19.26 billion in 2017 and is expected to reach $43.84billion by 2026 growing at a CAGR of 9.57% during the forecast period. Factors such as high demand coming from consumer markets, easy availability of raw materials, and a growing market for green chemicals are fuelling the market growth. However, fluctuation in prices of raw
Oleochemicals are chemicals derived from oils and fats and widely used in home and personal care products. Oleochemical fatty acid is one of the chemicals in the Oleochemicals class which is derived through hydrolysis process of oils or fats. Oleochemical fatty acid is a raw material used for the production of medium-chain triglycerides (MCTs), a plasticizer, polarizing agent, a component for disinfectant production. Besides, they are also used in waxes, candles, animal feed, cleaning components, surfactants, vulcanizing agent for rubber, manufacture of alkyd resin, water proof cements etc.
Based on end user, pharmaceutical & personal care segment is witnessing largest growth because consumers are becoming conscious about the environmental benefits and cost effectiveness offered by Oleochemicals.
On the basis of geography, Asia Pacific is considered as the fastest growing market and the factors favouring the growth of this region are growing population, high economic growth across major economies and improving standard of living.
Some of the key players in oleochemical fatty acids market include BASF Corp., Chempri BV, Emery Oleochemicals, Godrej Industries Ltd. Chemicals, Ecogreen Oleochemicals (Singapore) Pte Ltd., Wilmar International Ltd, Terravia Holdings, Inc., Baerlocher Gmbh, Evonik Industries Ag, Aarhuskarlshamn Ab (Aak), Kuala Lumpur Kepong Berhad, VVF Limited, ABITEC Corp, 3F Industries Ltd., Eastman Chemical Company, Cargill Incorporated, Chiba Fatty Acid Co. Ltd and Akzonobel.
End Users Covered:
What our report offers:
NOTE: Tables for North America, Europe, Asia Pacific, South America, Middle East & Africa are represented in the same manner above.