The Oleochemicals Market is driven by growing demand for bio-based...

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2024-02-23 10:19:19 -

The Oleochemicals Market is driven by growing demand for bio-based and renewable alternatives

Market drivers Growing environmental regulations and supportive government policies favoring bio-based chemicals are driving the demand for oleochemicals. Regulatory bodies across regions have imposed restrictions on the use of certain petrochemical derivatives due to environmental health hazards. For instance, the European Union has promoted the bio-based economy through its Renwable Energy...

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