Data Bridge Market Research analyses that the specialty oleochemicals market was valued at USD 8.88 billion in 2021 and is expected to reach USD 14.31 billion by 2029, registering a CAGR of 6.15% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Specialty oleochemicals are formed by plant-based feedstock such as soybean oil, rapeseed oil, palm oil, and sunflower oil. These oleochemicals are used as natural materials in several applications such as biodegradable polymers, bio-surfactants, cosmetics and lubricants. These products contain special properties such as surface activity with beneficial biological properties and emulsifying properties.

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Some of the major players operating in the specialty oleochemicals market are:

  • Evonik Industries AG (Germany)
  • Vantage (U.S.)
  • Emery Oleochemicals (U.S.)
  • Wilmar International Ltd (Singapore)
  • Kao Corporation (Japan)
  • PT. Ecogreen Oleochemicals (Singapore)
  • Corbion (Netherland)
  • Oleon NV (Belgium)
  • Godrej Industries Limited (India)
  • IOI Corporation Berhad (Malaysia)
  • KLK OLEO. (Malaysia)
  • H.I.G. Capital, LLC, (U.S.)
  • VVF Group (India)

Scope of the Specialty Oleochemicals Market Report: 

The specialty oleochemicals market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Specialty Esters
  • Fatty Acid Methyl Ester
  • Glycerol Esters
  • Alkoxylates
  • Fatty Amines
  • Others

Application

  • Personal Care & Cosmetics
  • Consumer Goods
  • Food Processing
  • Textiles
  • Paints & Inks
  • Healthcare & Pharmaceuticals
  • Polymer & Plastic Additives
  • Others

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Specialty Oleochemicals Market Regional Analysis/Insights

The Specialty Oleochemicals market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Specialty Oleochemicals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Specialty Oleochemicals within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Specialty Oleochemicals market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

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