Oleochemicals Market 2023: Industry Outlook, Growth Analysis, New Trends, Business Strategies And Forecast To 2032 | Major Players Are Wilmar International Limited, Kuala Lumpur Kepong Berhad, Kao Corporation, BASF SE, Evonik Industries AG

The Business Research Company’s Oleochemicals Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Oleochemicals Global Market Report 2023 evaluates oleochemicals market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global oleochemicals market is poised for remarkable expansion, projected to surge from a valuation of $38,815.9 million in 2027, demonstrating a substantial growth rate of 9.3%. Looking forward, the market’s upward trajectory is anticipated to continue, with a robust Compound Annual Growth Rate (CAGR) of 11.6% forecasted from 2027, ultimately propelling it to an impressive figure of $67,285.8 million by the year 2032.

This anticipated growth is underpinned by a noteworthy industry trend – the escalating emphasis on organic personal care products. In response to the discerning preferences of consumers and the escalating demand for natural constituents in personal care commodities, businesses are increasingly pivoting away from synthetic chemicals in favor of natural ingredients. This shift also aligns with the global inclination towards sustainable sourcing of raw materials.

A compelling illustration of this phenomenon can be found in the United Kingdom, where the organic beauty and wellbeing market witnessed a remarkable surge, posting a staggering 15% growth in sales in March 2022. Consumers are demonstrating their commitment to natural and certified organic beauty and wellbeing products, contributing approximately £11 million ($13.5 million) to this burgeoning market every month.

Further underscoring this shift, BASF SE, a prominent German chemical company, introduced certified sustainable personal care ingredients in July 2022, primarily derived from coconut oil. This initiative saw BASF SE achieve certification under the Rainforest Alliance Mass Balance Coconut certification scheme, exemplifying the increasing convergence of consumer preferences and industry practices towards sustainability.

In conclusion, the escalating attention towards organic personal care products is set to be a potent driver of the oleochemicals market’s growth, encapsulating a broader transition towards sustainability and natural solutions within the industry.

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The oleochemicals market segments in the report are:
1) By Product: Fatty Acid; Fatty Acid Methyl Ester; Glycerol Esters; Fatty Alcohol; Fatty Amines; Other Products
2) By Application: Personal Care And Cosmetics; Soap And Detergents; Food And Beverages; Pharmaceuticals And Nutraceuticals; Others Applications
3) By Sales Channel: Direct; Indirect

Top 5 Major Players:

Table of contents :
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure

……

19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Oleochemicals Conclusions And Recommendations
23. Appendix

List of Tables:
Table 1: Global Oleochemicals Market, Historic, 2017 – 2022, $ Million
Table 2: Global Oleochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
Table 3: Global Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
Table 4: Global Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
Table 5: Global Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %

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Table 180: Global Oleochemicals Market Size Gain ($ Million), 2022 – 2027, By Country
Table 181: Global Oleochemicals Market Size Gain ($ Million), Segmentation By Product, 2022 – 2027
Table 182: Global Oleochemicals Market Size Gain ($ Million), Segmentation By Application, 2022 – 2027
Table 183: Global Oleochemicals Market Size Gain ($ Million), Segmentation By Sales Channel, 2022 –2027
Table 184: Oleochemicals – Market Data Sources

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