Specialty Oleochemicals Market Size To Reach $13.52 Billion by 2026
                     Specialty Oleochemicals Market
Set to Exceed $13.52 Billion by 2026 
“Specialty Oleochemicals Market Share, Size, Trends, 
Industry Analysis Report By Product Type (Specialty 
Ester, Fatty Acid Methyl Ester, Glycerol Ester, 
Alkoxylates, Fatty Amines, and Others), By 
Application (Personal Care & Cosmetics, Food 
Processing, Consumer Goods, Health & 
Pharmaceuticals, Polymer & Plastic Additives, 
Textile, Paints & Coatings and Others), By Regions, 
Segments & Forecast, 2018 - 2026”
Specialty Oleochemicals Market Estimate & Forecast to 2026
Specialty oleochemicals are special plant-based industrial chemicals and are highly priced 
with high profit margins. These oleochemicals exhibit interesting characteristic to be used 
across wide range of applications. Some of the properties include surface activity, 
emulsifying properties along with the beneficial biological properties. Specialty 
oleochemicals hold very crucial advantage of being ‘green’ relative to their petrochemical 
counterpart.
The specialty oleochemicals market is primarily driven by the sustainability factor due to its 
plant-based raw materials and wide array of applications globally. These chemical 
compounds are widely used in food, pharmaceuticals, personal care, and other consumer 
products. Specialty oleochemicals are also used in drilling fluids, paints, inks, agrochemicals, 
textile materials, and in deicing chemical agents.
Rising economic growth of several developing countries in the world, with complex lifestyles 
and increase in personal disposable incomes has boosted the growth of consumer goods and 
commodities making use of specialty chemicals. Consumer awareness concerning the 
environmentally sustainable products has also led to increased demand of end-use products 
made from specialty oleochemicals.
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Specialty Oleochemicals Market Scope
By Product By  Application By Region Report Attributes
 Specialty Ester  Personal Care & Cosmetics  North America  Historic year: 2015-2016
 Fatty Acid Methyl Ester (FAME)  Food Processing  Europe  Base year: 2017
 Glycerol Ester  Consumer Goods  Asia Pacific  Forecast Year: 2018-2026
 Alkoxylates  Health & Pharmaceuticals  Latin America Middle East &  Revenue (USD Billion)
 Fatty Amines  Health & Pharmaceuticals Africa 
 Others  Textile
 Paints & Coatings
 Others
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 Specialty Oleochemicals Market Estimate & Forecast to 2026
Asia Pacific is the dominant regional player for the specialty oleochemicals. The export trade 
of palm oil, a major raw material for specialty oleochemicals, is dominated by the Southeast 
Asian countries, mainly Indonesia and Malaysia. These countries have been major exporters 
of palm oil for almost a decade. However, palm cultivation in these countries have taken 
place extremely fast, thus a stagnating export is anticipated on account of environmental 
impacts.
North America has also witnessed significantly higher growth in the specialty oleochemicals 
market. The region has witnessed high demand for personal care and pharmaceutical 
products that are obtained from natural derivatives. Some minor applications such as 
drilling fluids and inks markets have also grown substantially in terms of demand.
The specialty oleochemicals market is moderately competitive and highly consolidated. It 
constitutes of large number of domestic and international market players. Integration by 
key market players from the procurement stage to the distribution stage of the value chain 
is also a major phenomenon in this market. Some of key oleochemical market players 
include Emery Oleochemicals, KLK Oleo, IOI Group, Oleon, Evonik Industries, Kao 
Corporation, Vantage Specialty Chemicals, and Wilmar International.
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