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Oleochemicals Market is anticipated to hit $35.7 billion by 2023 at a CAGR of 4.9%

Oleochemicals Market

Asia-Pacific region is the largest market share & growth in Global Oleochemicals Market, and is anticipated to reach $16.16 billion by 2023 at a CAGR of 6.6%.

HYDERABAD, TELANGANA, INDIA, June 8, 2018 /EINPresswire.com/ -- According to the new market research report by IndustryARC titled “Oleochemicals Market: By Type (Fatty Acids, Fatty Acid Methyl Esters, Fatty Alcohols, Glycerine, Fatty Amines and Others); By Application (Pharmaceutical, Personal Care, Food & Beverages, Soaps & Detergents, lubricants and Grease, Polymers, Paints and Coatings, Intermediates and Others); By Geography – Forecast (2016 – 2021)”, the market is driven by vertical integrations.

APAC held the largest market share and growth rate in the Oleochemicals Market

Asia-Pacific region accounts for both the largest market share and growth in the Global Oleochemicals Market, and is anticipated to reach $16.16 billion by 2023 at a CAGR of 6.6%. The APAC Market is mainly driven by a wide range of applications. The key end users include animal feed, food, electronics, metalworking & foundries, and personal care, printing, waxes and candles, healthcare, mining, paints and coatings, plastic, rubber production, and industrial lubricants among others.

Selected Value Chain Analysis done in the full report
Value chain analysis is a useful tool to analyze the activities that include design, production, marketing and distribution of a particular product.
Raw Material Manufacturers: Value chain of oleochemicals initially starts from procuring raw material from various suppliers to produce base grade oleochemicals. These raw materials include vegetable oils and animal fats. Their processing charges add value to the end product.
Once the basic oleochemicals are manufactured, they undergo variety of chemical reactions to form derivatives. There are many derivative manufacturing companies. Unlike the plantation companies, the level of consolidation is high in basic and derivative manufacturing companies.

Finally, once the derivatives are manufactured, these are consumed by the end user segments.

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Excerpts on Market Growth Factors
Paints and coatings find their application in a number of industries, due to which even the oleochemicals demand will grow up in the near future.
Across the world there have been growing developments in the plantations side and eventually, there will be a shift from petrochemicals to oleochemicals.
Vertical Integration is another reason why there is growth in this industry. Large plantations have started to invest in downstream feedstock processing.
Oleochemicals based products offer a significant diversification opportunity for chemical companies. Asia is the preferred geography with a growing market and availability of feedstock.

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Key players of Wireline Services Market:
BASF stood in first position in terms of generating highest revenue, followed by Wilmar International, which was followed by Clariant AG. The highest gross profit company was BASF with $21.16 billion and the company with lowest gross profit of $42.63 million was IOI group.
BASF has invested high amount of money when compared to other companies in the R&D segment, with investments around $2.1 billion across its business divisions, whereas Clariant and Croda International invested $212.3 million and $38.2 million respectively.
Wilmar International is one of the key players in Oleochemicals market with 21% of the market share. The company has carried out various major acquisitions during 2005-2010 which contributed to the positive growth of the company. Wilmar manufactures a series of fatty acids, alcohols methyl esters, glycerine and derivatives as well.
Wilmar is followed by Emery Oleochemicals which holds 18% of the overall market share. Emery’s business is aligned solely into fatty acids, methyl esters, glycerine and alcohols.
Apart from the above mentioned two key players, KLK oleo (Malaysia), IOI Group (Malaysia) and PT Ecogreen (Indonesia) together accounted for 39% of the total oleochemicaTo capitalize on this opportunity, companies can explore partnerships / mergers with base oleochemicals companies, or think about integrating forward / backward themselves.ls market in 2015.

Oleochemicals Market Report is segmented as indicated below
Oleochemicals Market By Raw Material Type:
1 Animal Fats
1.1 Tallow
1.2 Lard
1.3 Poultry
2 Tropical Oils
2.1 Palm Kernel oil
2.2 Coconut oil
2.3 Palm oil
3 Soft oils
3.1 Soya Oil
3.2 Sunflower oil 
3.3 Rape oil
3.4 Others
Oleochemicals Market By Process:
1 Hydrolysis Process
2 Transesterification
3 Hydrogenation
Oleochemicals Market By Type:
1 Introduction
2 Fatty Acids
3 Fatty Alcohols
4 Glycerine
5 Fatty Animes
6 Fatty Acid Methyl Esters
7 Others
Oleochemicals Market by End User
1 Introduction
2 Animal Feed
2.1 Nutritional Supplements
2.2 Emulsifiers for Calf milk replacers
3 Food
3.1 Emulsifiers & Specialties for bread, cakes, & pastries
3.2 Margarine
4 Electronics
4.1 Wire Insulation
4.2 Insulating Varnishes
4.3 Special purpose plastic components
5 Metalworking & foundries
5.1 Cutting Oils
5.2 Coolants
5.3 Buffering and polishing compounds
6 Personal care
6.1 Shampoos
6.2 Soaps
6.3 Creams & Lotions
6.4 Make-Up
7 Printing
7.1 Printing & Inks
7.2 Paper Coatings
7.3 Photographic Printing
7.4 Sopa Detergents
7.5 Industrial and Domestic
8 Waxes & Candles
9 Healthcare
9.1 Tabletting aids
9.2 Drugs
10 Mining
10.1 Froth flotation of ores
10.2 Surface active
11 Paints & Coatings
11.1 Alkyd & Other resins
11.2 Drying Oils
11.3 Protective Coatings
12 Plastic
12.1 Stabilizers & Plasticizers
12.2 Mould Release Agents
12.3 Antistatic & Antifogging Aids
12.4 Polymerisation Emulsifiers
Others
Oleochemicals Market By Geography (Covers 12 + Countries)
Oleochemicals Market By Entropy

Companies Cited/Referenced/Interviewed:

1.Wilmar International Limited
2.Emery Oleochemicals
3.Croda International PLC
4.BASF SE
5.Clariant AG
6.Kuala Lumpur Kepong Berhad
7.Stepan Company
8.Ecogreen Oleochemicals
9.Company 9
10.Company 10+

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What can you expect from the report?
The Oleochemicals Market is Prepared with the Main Agenda to Cover the following 20 points:

1.Market Size by Product Categories
2.Market trends
3.Manufacturer Landscape
4.Distributor Landscape
5.Pricing Analysis
6.Top 10 End user Analysis
7.Product Benchmarking
8.Product Developments
9.Mergers & Acquisition Analysis
10.Patent Analysis
11.Demand Analysis (By Revenue & Volume)
12.Country level Analysis (15+)
13.Competitor Analysis
14.Market Shares Analysis
15.Value Chain Analysis
16.Supply Chain Analysis
17.Strategic Analysis

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Venkat Reddy
IndustryARC
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Distribution channels: Chemical Industry, Companies