Global Oleochemicals Market Analysis by Knowledge Sourcing Intelligence
The global oleochemical market is expected to grow at a CAGR of 5.05% to reach a market size of US$24.208 billion by 2023 from US$18.920 billion in 2018. Increasing demand for environment-friendly products and rising demand for home and personal care products will drive the demand for the oleochemical products over the forecasted period. Growing environmental sustainability concerns is pressurizing firms across different industries such as cosmetics, plastics, and food and beverage to use biodegradable ingredients.
Global Oleochemicals market has been analyzed through the following segments:
By Product
Fatty Acids
Emollients
Emulsifiers and Solubilizers
Fatty Alcohol
Others
By Application
Cosmetics and Personal Care
Food and Beverage
Plastic
Paper
Others
By Geography
South America
Europe
Middle East and Africa
Asia Pacific
