Global and United States Specialty Oleochemicals Market Report & Forecast 2022-2028

Oleochemicals are produced from animal and plant fats. These feedstocks are renewable and safe for the environment. Thus, oleochemicals are gaining prominence over their petroleum-based counterparts. They have the same functions as petroleum-based chemicals, but advantageous in terms of biodegradability. Specialty oleochemicals are used for specific applications in various industries including cosmetics, industrial, paints and coatings, food processing, polymers, plastics, additives, and Others. For instance, glycerides and fatty acids are used mainly in paints and coatings.
Market Analysis and Insights: Global and United States Specialty Oleochemicals Market
This report focuses on global and United States Specialty Oleochemicals market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Specialty Oleochemicals market size is estimated to be worth US$ 23760 million in 2022 and is forecast to a readjusted size of US$ 32780 million by 2028 with a CAGR of 5.5% during the review period. Fully considering the economic change by this health crisis, by Type, Fatty Acid Methyl Esters accounting for % of the Specialty Oleochemicals global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Polymers and Plastics Additives was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Specialty esters are extensively used in various end-user industries such as food packaging, medical devices, construction, automotive, paints and coatings, and ink for various applications such as plasticizers, lubricants, and coalescing agents. The specialty ester segment will continue to grow during the projected period due to the rising demand for specialty esters in end-user industries that highly require materials for bonding, coatings, and additives.
Global Specialty Oleochemicals Scope and Market Size
Specialty Oleochemicals market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Specialty Oleochemicals market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Specialty Oleochemicals market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Fatty Acid Methyl Esters
Fatty Amines
Alkoxylates
Glycerol Esters
Specialty Esters
Others
Segment by Application
Polymers and Plastics Additives
Textiles
Healthcare and Pharmaceuticals
Food Processing
Paints and Ink
Personal Care and Cosmetics
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
BASF
Evonik Industries
OLEON
P&G Chemicals
Lipo Chemicals
Vantage Specialty Chemicals
Emery Oleochemicals
Wilmar International
Cargill
TerraVia Holdings
Kao Chemicals

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