This research service focuses on the global market for oleochemicals. Oleochemicals have wide-ranging applications due to the diverse properties that exhibit the needed performance, making them highly adaptable in various industries such as personal care and cosmetics, soaps and detergents, lubricants, rubber and plastics, mining and oilfields, and many others. Oleochemical types include fatty acids, fatty alcohols, Fatty Acid Methyl Esters (FAME), and other fatty acid derivatives.
Competitors include manufacturers of oleochemicals, such as BASF Corporation, Oleon NV, Evonik Industries AG, Croda Inc., Emery Oleochemicals, AkzoNobel, ADM, Cargill, Sasol, P&G Chemicals, and others, that sell oleochemicals to companies in the end-use industries.
This is an established industry of 3 decades, driven by significant innovation and R&D involving oleochemicals refinery platform to replace conventional fossil fuel (petrochemical) refinery platform as a sustainable and green alternative. Asia-Pacific leads the demand for oleochemicals by region, followed by the Americas and Europe. The diversity and wide range of applications for oleochemicals in industrial uses such as coatings, resins, lubricants, greases, polymerization, vulcanization, foods and feeds, soaps, and in personal care and cosmetics drive the consumption. The personal care and soaps and detergents applications share more than 50.8% of the oleochemicals demand.
The global oleochemicals market is a growth stage. Population growth and forecast for the Americas, Europe, and Asia-Pacific will drive the demand for oleochemicals across application segments such as personal care and cosmetics, soaps and detergents, lubricants, food, and many others. Increasing demand for oleochemicals in key end-user applications such as personal care is expected to improve the growth of the oleochemicals market.
There is a growing demand for bio-based chemicals that can replace petrochemical alternatives. REACH regulations for the low-carbon economy have initiated the high usage of oleochemicals. The popularity of green detergents will spur the oleochemicals-based surfactants market growth.
Increasing awareness on sustainability, health, and safety among end-users (from industries that use both petrochemicals and oleochemicals) will fuel higher consumption of oleochemicals in diverse industries. Technical differences between fatty acids, fatty alcohols, and fatty esters/methyl esters, and other fatty acid derivatives are likely to increase the need for R&D by applications and thus value addition and prices. Personal care and soaps and detergents applications share more than 50% of oleochemicals demand. FAME leads the demand for oleochemicals by type, followed by fatty acids. FAME is usually referred to as biodiesel due to their dominant use as fuel (40.5%).
Asia-Pacific is expanding its market share with increased consumption of oleochemical,s driven by end market expansion. Asia-Pacific not only leads regional shares but also growth rates. Several industries that need oleochemicals have moved to countries in Asia-Pacific due to better economics and logistics (e.g., soaps). Asia-Pacific is the largest oil and fat producer and raw material base for oleochemicals globally, followed by Europe. Thus, Asia-Pacific as a consumer has better control of the production and distribution of oleochemicals. Despite previous economic fluctuations in Western Europe and North America, oleochemicals consumption continues to grow due to the demand for sustainable and renewable green chemicals.
Key Topics Covered
1. Executive Summary
Key Findings
Strategic Fact Sheet
Market Engineering Measurements
CEOs' Perspective
2. Market Overview and Definitions
Market Definitions
Market Segmentation
Oleochemicals
Oils and Fats - Primary Raw Materials
Geographic Scope
Percent Revenue Forecast by Chemical Type and Region
Total Oleochemicals Market - Value Chain
Key Questions this Study will Answer
3. Drivers and Restraints - Total Oleochemicals Market
Market Drivers
Drivers Explained
Market Restraints
Restraints Explained
4. Forecasts and Trends - Total Oleochemicals Market
Market Engineering Measurements
Forecast Assumptions
Revenue and Volume Forecast
Revenue and Volume Forecast Discussion
Percent Revenue Forecast by Chemical Type
Average Prices of Oleochemicals - Sample Prices
Average Prices and Market Sizing Discussion of Chemical Types
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue by End Users
Percent Revenue Discussion by End Users
Percent Revenue and Volume by Region
Percent Revenue and Volume Discussion by Region
Market Highlights by Regions
Percent Revenue and Volume by Chemical Type
Percent Revenue and Volume Discussion by Chemical Type
Market Highlights by Chemical Types
Market Highlights by Regions and Chemical Types
Market Life Cycle Analysis by Region
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Forecast by Region
Volume Forecast by Region
Revenue Forecast by Chemical Types
Volume Forecast by Chemical Types
5. Application Trends - Total Oleochemicals Market
Revenue Forecast by End User
Revenue and Shares by Chemical Types and Applications
Impact of Ingredient Market Forces on Oleochemicals Demand - Personal Care and Cosmetics
Impact of Ingredient Market Forces on Oleochemicals Demand - Food and Animal Feed and Waxes
Impact of Ingredient Market Forces on Oleochemicals Demand - Rubber and Plastics
Impact of Ingredients Market Forces on Oleochemicals Demand - Soaps and Detergents
Impact of Ingredient Market Forces on Oleochemicals Demand - Intermediates
Impact of Ingredient Market Forces on Oleochemicals Demand - Mining and Oilfield and Lubricants and Greases
Impact of Ingredients Market Forces on Oleochemicals Demand - Coatings and Resins, and Textiles Softeners
6. Value Chain and Competitive Analysis - Total Oleochemicals Market
Palm Oil and Oleochemicals Industry - Processes
Palm Oil and Oleochemicals Industry - Products
Palm Oil and Oleochemicals Industry - Palm Plantations and Traders
Palm Oil and Oleochemicals Industry - Profitability
Downstream Palm Oil Value Chain - Types and Derivatives in Use
Downstream Palm Oil Value Chain - Examples of End Users
Downstream Palm Oil Value Chain - Applications, Forms and Participants
Market Share
Competitive Environment
Competitive Environment Discussion
Oleochemical Production - Active Companies
Competitive Factors Assessment
Competitive Factors Assessment Discussion
7. Growth Opportunities and Companies to Action
Growth Opportunity 1 - Need for Technical Support
Growth Opportunity 2 - Glocalization of Facilities
Growth Opportunity 3 - Branding and Product Positioning
Strategic Imperatives for Success and Growth
8. CEOs' 360 Degree Perspective on the Oleochemicals Industry
CEOs' 360 Degree Perspective
9. Mega Trends and Industry Convergence Implications
Mega Trends' Impact on the Oleochemicals Industry
10. Fatty Acids Market Analysis
Fatty Acids
Industry Value Chain
Market Engineering Measurements
Percent Revenue by End Users
Applications for Fatty Acids by Cuts
Revenue and Volume Forecast
Revenue and Volume Forecast Discussion
11. Fatty Alcohols Market Analysis
Fatty Alcohols
Industry Value Chain
Market Engineering Measurements
Percent Revenue by End Users
Applications for Fatty Alcohols by Cuts
Average Prices - Issue of Natural and Synthetic in North America