Uploaded on Dec 14, 2020
The global oleochemicals market is forecast to reach USD 35.87 Billion by 2027, according to a new report by Reports and Data.
Global Oleochemicals Market 2020 – Comprehensive analysis with Top Trends, Size, Share, Future Growth Opportunities & Forecast by 2027
Oleochemicals Market To
Reach USD 35.87 Billion
By 2027
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Market
TShe uglombal omleochaemricyals market is forecast to reach USD 35.87 Billion by 2027, according to a new report by
Reports and Data. Rapid growth in the production of kernel oil and palm oil is one of the significant factors in
oleochemicals market growth. Reliable, efficient, and cost-effective oleochemical plants are ready to cater to
incrementing demands. There is a rise in the acceptance of bio-based lubricants and they are replacing the
traditional and synthetic lubricants, which in turn is improving the efficiency of vehicles.
Waste vegetable oils as a low-cost, sustainable, and low-toxicity feedstock are garnering more interests for the
production of oleochemicals, which are ideal substitutes for petroleum-based chemicals widely prevalent in the
petroleum industry. The compounds resulting from transesterification-epoxidation-sulfonation of waste vegetable
oils have great potential as bio-based surface-active agents with extensive application in the petroleum industry.
The oleo-surfactant from vegetable oils is gaining attention as an alternative to the costlier and non-biodegradable
petrochemical-based surfactants currently in use.
Read More: https://www.reportsanddata.com/report-detail/oleochemicals-market
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Market
SKeyu pamrticimpantas inrclyude BASF SE, Wilmar International Ltd., Godrej Industries, Eastman Chemical
Company, Evonik Industries, P&G Chemicals, Arizona Chemical Company LLC, Emery Oleochemicals Group,
Cargill Incorporated, and Emery Oleochemicals Group, among others.
Raw Material Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Natural, Synthetic
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Fatty Acid, Fatty Alcohol, Glycerin, Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Food and Beverage, Pharmaceutical and Personal Care, Soaps and Detergents, Polymers, Others
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