Oleochemical Fatty Acids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

  • Single User License $3500

Oleochemical Fatty Acids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : May, 2020 | Chemical & Materials | PPT format

Report Digest


Global Oleochemical Fatty Acids Market: Snapshot 

The global market for oleochemical fatty acids is expected to witness robust growth over the period of forecast. Various factors such as a growing market for green chemicals, easy availability of raw materials, and high demand coming from consumer markets are stimulating growth of the global oleochemical fatty acids market. However, the growth of the market is likely to adversely affected by the fluctuating prices of raw materials.                          

Oils and fats are vital raw materials that are needed for the making of oleochemicals, including fatty alcohols and amines, methyl esters, free fatty acids, and glycerol as a by-product. Oleochemicals refers to those chemicals that are extracted from oils and fats and are extensively utilized in personal and home care products. Oleochemical fatty acid refers to one of the chemicals in the oleochemicals class that is extracted through the process of hydrolysis of fats or oils. 

The maximum usage for oleochemicals is for is for the making soaps and detergents. This usage comprises around 30% of market share for fatty acids and 55% for fatty alcohols. Lauric acid is used in the production of sodium lauryl sulfate and other related compounds, which are utilized to make soaps and various other personal care products. 

Oleochemicals are finds its applications across many different industries. Agricultural chemicals, inks paper chemicals, adhesives & sealants, food processing, household care, industrial & institutional cleaners, wax & candles, lubricants and greases are some of the industries from which high demand for oleochemical fatty acids is driving the oleochemical fatty acids market.

Industry players of the global oleochemical fatty acids market are relentlessly opting for mergers and acquisitions to expand their existing product portfolio. Many new innovative ideas are emerging to keep the businesses floating in the coming years and gain upper hand in the competition.

Global Oleochemical Fatty Acids Market: Overview

The demand within the global oleochemical fatty acids market acids has been escalating on account of the popularity of cosmetic products across the world. Oleochemicals, in essence, refer to chemicals derived from fats and oils, to be used across a wide range of industries. The hydrolysis of fats or oils results in the formation of special types of fatty acids, known as oleochemical fatty acids. The demand for oleochemical fatty acids has been tracing an ascending trajectory of growth over the past decade. Several factors such as the utility of fatty acids, popularity of cosmetic products, and easy availability of oleochemicals have contributed towards the growth of the global oleochemical fatty acids market in recent times. The raw materials used for the manufacture of oleochemical fatty acids are easily available which has also created demand within the global oleochemical fatty acids market. Considering the aforementioned factors, the global market for oleochemical fatty acids is projected to expand at a skyrocketing pace in the years to come.

The global oleochemical fatty acids market may be segmented on the basis of the following parameters: type, application, and region. The segements mentioned above are a practical means to delve into the genesis of the global oleochemical fatty acids market.

A report on the global oleochemical fatty acids market acids is a descriptive account of multiple dynamics, forces, and trends that have aided the growth of the global market. The report differentiates between the various drivers of demand within the global oleochemical fatty acids market, and sheds value on all of the restraints pertaining to this market. Moreover, the business landscape and key strategies of the market vendors in the global oleochemical fatty acids market have also been elucidated in the report.

Global Oleochemical Fatty Acids: Trends and Opportunities

The demand within the global oleochemical fatty acids market has been rising on account of the growing popularity of cosmetic products. Personal grooming and care has emerged as key physiological aspect for human satisfaction, and this factor has directly contributed to market growth. Furthermore, the promotion strategies of vendors of cosmetic have also underhandedly aided the growth of the global oleochemical fatty acids market in recent times. The use of oleochemical fatty acids for the manufacture of animal feed is another factor that is projected to bring in titanic revenues within this market. Considering the above mentioned factors, the global oleochemical fatty acids market can be regarded as a lucrative haven for the vendors.

The manufacture of plasticizers and disinfectants also involves the use of oleochemical fatty acids. The relevance of these acids in the chemical industry is a key dynamics that shall aid market growth in the years to come. Candles, cleaning components, and waxes are also manufactured by blending oleochemical fatty acids with other materials. Hence, the global oleochemical fatty acids market is expanding at a robust rate in recent times.

Global Oleochemical Fatty Acids Market: Regional Overview

The oleochemical fatty acids market in North America is expanding at a robust rate, majorly due to the expansive chemicals industry in the US and Canada. Furthermore, the splendid growth of the industrial sector in China and India over the past decade has pushed demand within the market for oleochemical fatty acids in Asia Pacific.

Global Oleochemical Fatty Acids Market: Business Landscape

Some of the key players in the global oleochemical fatty acids market are BASF, Emery Oleochemicals, VVF Limited, and ABITEC Corp.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

Wish to check Table of Contents of this report?

Click below to Request TOC

Request TOC