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Oleo Chemicals Market Rising Need For Business Agility & Growth In 2018 With Top Competitors Like Evonik Industreies AG

Global Oleo Chemicals Market is expected to reach 26,764.10 thousand tonnes by 2025 from 15,760.00 thousand tonnes in 2017, at a CAGR of 7.1%
rv patil | 14.11.2018
Market Analysis:

Global Oleo Chemicals Market is expected to reach 26,764.10 thousand tonnes by 2025 from 15,760.00 thousand tonnes in 2017, at a CAGR of 7.1% in the forecast period 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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By Type
• Fatty Acids
• Fatty Alcohols
• Glycerine
• Others
• Surfactants
• Esters
• Amines
• Agrochemicals
• Bio Lubricants
• Bio-Polyols
• Others
• Soaps & Toiletry
• Automotive Components
• Detergent
• Food & Beverages
• Manufacturing
• Pharmaceuticals & Personal Care
• Polymers
• Others
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

Global Oleo Chemicals Market: Drivers

Increasing use of oleo chemicals in soaps, detergents, food and beverages industries and increase in demand from end-use costumers driving the market.

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Oleo chemicals are the chemicals produced from vegetable and animal oils & fats or from petrochemicals feedstock. Oleo chemicals are used in manufacturing of various products like surfactant, bio-lubricants, agrochemicals and others, which are used in various end-user industries including homecare & personal care, food & beverages, detergents and others. The major raw material used for the production of these products is petrochemical feedstock, which causes lot of environment issues like pollution, ozone depletion and health problems such as heart disease, lung problems and other health related disease. The risk associated with the manufacturing of products from chemical feedstock is leading to changing preference of industries to oleo chemical products derived from organic feedstock.
The usage of oleo chemicals has increased in various industries such as automotive, soaps, detergents, pharmaceuticals, food & beverages and various others demand for bio-degradable products and eco-friendly solutions due to changing regulations are increasing use of oleo chemicals in various segments of chemical industry. According to an article published recently by TATA, the global oleo chemical market is expected to reach is expected to reach USD 18.00 million tonnes by the end of 2018. The higher growth in the market value is due to applications in various segments such as in polymers, lubricants and bio surfactants, which offer significant opportunities for companies in the long run and also due to increasing demand from the end use costumer.
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Key Players: Global Oleo Chemicals Market
• Wilmar International Ltd.
• Procter & Gamble
• Evonik Industries AG
• Godrej
• Musim Mas holdings Pvt. Ltd.
• Emery Oleo Chemicals
• Kao Corporation,
• KG among others.

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