Oleochemicals Market Trends: Emphasis on Health and Wellness Products
The global oleochemicals market was valued at approximately USD 24.42 billion in 2023, with an anticipated compound annual growth rate (CAGR) of 7.0% from 2024 to 2030. The outlook for the market remains positive, primarily due to the rising demand for biodegradable products and regulatory restrictions on petrochemical-based products. Oleochemicals are derived from fats and oils, obtained from...
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