The global oleochemicals market, valued at USD 24.42 billion in 2023, is anticipated to grow at a CAGR of 7.0% from 2024 to 2030. This optimistic growth projection is driven by the increasing preference for biodegradable products and regulatory restrictions on petrochemical-based alternatives.
Oleochemicals are derived from fats and oils, sourced from plants, animals, or petrochemicals. Their...
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