Oleochemicals market size, share, trends

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Follow Us: Oleochemicals Market Size, Share, Growth, Trends and Forecasts to 2024 The global oleochemicals market is expected to reach USD 30.15 billion by 2024, according to a new report by Grand View Research, Inc. Growing biochemical product demand in various consumer applications such as personal care, detergents, and food & beverages is expected to remain a key factor driving growth. Escalating supply-demand gap along with overcapacity issues especially in the Southeast Asian countries such as Indonesia and Malaysia is expected to hinder oleochemicals market growth over the forecast period. Technological innovations and significant developments in the downstream sectors are expected to create lucrative opportunities for industry participants. The global ICP monitoring devices market study suggests that invasive technique dominated the overall market in 2015 due to accurate and continuous measurements of intracranial pressure with intermittent drainage (hourly), unless clinically indicated https://www.pinterest.com/GrandViewRes/Follow Us: Fatty acids were the leading oleochemical product consumed and accounted for over 55% of total market volume in 2015. Increasing penetration of fatty acids in personal care products is expected to drive this segment over the forecast period. Glycerol is expected to witness the highest growth of 5.7% over the forecast period owing to its increasing preference in personal care and food & beverage applications. Global Oleochemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024) Fatty acid By Application o Soaps & Detergents o Intermediates o Plastics o Rubber o Paper o Lubricants & Greases o Personal Care o Others Fatty alcohol By Product o C6-C7 https://www.pinterest.com/GrandViewRes/Follow Us: o C8-C10 o C11-C14 o C15-C22 By Application o Soaps & Detergents o Personal Care o Lubricants o Amines o Others Glycerol By Application o Personal Care & Pharmaceuticals o Alkyd Resins o Foods & Beverages o Polyether Polyols o Tobacco Humectants o Other https://www.pinterest.com/GrandViewRes/Follow Us: Detailed Research Report available at: http://www.grandviewresearch.com/industry-analysis/oleochemicals-industry About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com Web http://www.grandviewresearch.com/ https://www.pinterest.com/GrandViewRes/http://www.grandviewresearch.com/industry-analysis/oleochemicals-industrymailto:sales@grandviewresearch.comhttp://www.grandviewresearch.com/