Oleochemicals Market Size, Share, Growth, Analysis and Forecast 2030 | ChemAnalyst

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Oleochemicals Market is Expected to Grow at a
CAGR of 5.12 by 2030 ChemAnalyst
According to ChemAnalyst report, Global
Oleochemicals Market Plant Capacity,
Production, Operating Efficiency, Demand
Supply, End Use, Distribution Channel, Region,
Competition, Trade, Customer Price Intelligence
Market Analysis, 2015-2030, global
oleochemicals market has shown tremendous growth
in the past five years and is anticipated to
achieve a CAGR of 5.12 during the forecast
period. Increasing demand of biodegradable,
environmentally friendly and non-toxic materials
from consumers is anticipated to increase the
demand of oleochemicals due to their
ecofriendly, less toxic compared to petrochemical
based products properties. Additionally,
UNICEFs agenda to achieve sustainable
developmental goals by 2030 has emphasis on use
of environmentally friendly products which would
further support the growth market of
oleochemicals during the forecast
period. Oleochemicals are chemical compounds
obtained from plant oil and animal fat sources.
Additionally, they are surface active molecules
containing long alkyl chain of lipophilic and
charged polar head of hydrophilic group. As a
result, they have great air-lipid and
water-lipid actions Oleochemicals are basically
classified as fatty
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acids, methyl esters, fatty alcohols, fatty
amines, glycerol. Basic raw materials for
oleochemical extraction are coconut oil, palm
kernel oil (PKO), palm oil, rapeseed oil,
sunflower oil, tallow etc. Main technologies used
in oleochemical manufacturing are hydrolysis,
transesterification, hydrogenation,
fractionation. Read Full Report Here
https//www.chemanalyst.com/industry-
report/oleochemicals-market-547 Oleochemicals
have wide range of applications in personal care
cosmetics, soaps detergents due to their
emollient, emulsification, and surfactant
properties. Furthermore, growing demand of
biofuels in automotive industry is set to
increase the demand of oleochemicals as they can
be used as lubricants in biodiesel.
Oleochemicals are also used in engine performance
problems such as carbon deposits hence increases
the efficiency of vehicles. Other major end use
industry is pharmaceuticals where oleochemicals
are increasingly used in drug preservative
application. Upcoming new technologies
implemented by companies operating in
oleochemicals such as inventure supercritical
technology implemented by Wilmar, will also
improve the efficiency and performance of
oleochemical manufacturing process which will be
beneficial to its end user industries. Oleochemica
l prices are linked to fats and oil feedstock
prices. APAC countries such as Indonesia and
Malaysia are major raw material supplier for
oleochemicals. Any changes in the export tax
situation in these countries can affect the price
of oleochemicals. Global economic slowdown due
to COVID 19 impacted the manufacturing
industries during the first half of 2020.
Industries were lacking the feedstock due to
supply chain disruption and global plant outages
initially in 2020. This caused the sudden
increase in prices of fatty alcohol and fatty
acids. Regionally, Asia pacific has emerged to be
the largest consumer of oleochemicals. Rising
per capita income in countries like China, India
has increased the consumer spending in consumer
durable products which is increasing the demand
of oleochemicals market in the region. Also
increasing awareness about the harmful effects
of petrochemicals-based products on human health
and environment has
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• encouraged manufacturers to shift focus on
  natural, non-toxic oleochemicals material.
• Sample Request https//www.chemanalyst.com/ChemAn
  alyst/RequestForm Major Players
• BASF SE,
• Clariant AG,
• Croda International,
• Dow Chemials,
• Emery Natural Oleochemical,
• Oleon,
• Kuala Lumpur Kepong Berhad,
• PG Chemicals,

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it is extremely important to keep an eye which
region will grab the biggest market share in the
upcoming years. said Mr. Karan Chechi, Research
Director with TechSci Research, a research based
global management consulting firm promoting
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