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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”
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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
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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
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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
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Email: [email protected]
Web – http://www.grandviewresearch.com/