Oleochemicals Global Market Opportunities And Strategies To 2032

Table of Contents

1. Executive Summary

2. Table Of Contents

3. List Of Figures

4. List Of Tables

5. Report Structure

6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Oleochemicals Market Definition And Segmentations
6.4. Market Segmentation By Product
6.4.1. Fatty Acid
6.4.2. Fatty Acid Methyl Ester
6.4.3. Glycerol Esters
6.4.4. Fatty Alcohol
6.4.5. Fatty Amines
6.4.6. Other Products
6.5. Market Segmentation By Application
6.5.1. Personal Care And Cosmetics
6.5.2. Soap And Detergents
6.5.3. Food And Beverages
6.5.4. Pharmaceuticals And Nutraceuticals
6.5.5. Other Applications
6.6. Market Segmentation By Sales Channel
6.6.1. Direct
6.6.2. Indirect

7. Major Market Trends
7.1. Increasing Investments
7.2. Increasing Online Presence
7.3. Partnerships And Collaborations
7.4. Introduction Of New Olechemicals Production Plants
7.5. Mergers And Acquisitions

8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
8.2.1. Market Drivers 2017 - 2022
8.2.2. Market Restraints 2017 - 2022
8.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
8.3.1. Market Drivers 2022 - 2027
8.3.2. Market Restraints 2022 - 2027

9. Global Oleochemicals Market Segmentation
9.1. Global Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.2. Global Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.3. Global Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

10. Oleochemicals Market, Regional and Country Analysis
10.1. Global Oleochemicals Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10.2. Global Oleochemicals Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.4. Asia-Pacific Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.5. Asia-Pacific Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.6. Asia-Pacific Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.7. Asia-Pacific Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.8. Asia-Pacific Oleochemicals Market: Country Analysis
11.9. China Market
11.10. Summary
11.11. Market Overview
11.11.1. Country Information
11.11.2. Market Information
11.11.3. Background Information
11.11.4. Government Initiatives
11.11.5. Regulations
11.11.6. Regulatory Bodies
11.11.7. Major Associations
11.11.8. Taxes Levied
11.11.9. Corporate Tax Structure
11.11.10. Investments
11.11.11. Major Companies
11.12. China Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.13. China Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.14. China Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.15. China Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.16. China Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.17. India Market
11.18. India Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.19. India Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.20. India Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.21. India Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.22. India Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.23. Japan Market
11.24. Japan Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.25. Japan Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.26. Japan Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.27. Japan Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.28. Japan Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.29. Australia Market
11.30. Australia Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.31. Australia Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.32. Australia Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.33. Australia Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.34. Australia Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.35. Indonesia Market
11.36. Indonesia Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.37. Indonesia Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.38. Indonesia Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.39. Indonesia Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.40. Indonesia Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.41. South Korea Market
11.42. South Korea Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.43. South Korea Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.44. South Korea Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.45. South Korea Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.46. South Korea Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes Levied
12.2.9. Corporate Tax Structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.4. Western Europe Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.5. Western Europe Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.6. Western Europe Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.7. Western Europe Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.8. Western Europe Oleochemicals Market: Country Analysis
12.9. UK Market
12.10. UK Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.11. UK Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.12. UK Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.13. UK Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.14. UK Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.15. Germany Market
12.16. Germany Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.17. Germany Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.18. Germany Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.19. Germany Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.20. Germany Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.21. France Market
12.22. France Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.23. France Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.24. France Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.25. France Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.26. France Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.4. Eastern Europe Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.5. Eastern Europe Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.6. Eastern Europe Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.7. Eastern Europe Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.8. Eastern Europe Oleochemicals Market: Country Analysis
13.9. Russia Market
13.10. Russia Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.11. Russia Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.12. Russia Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.13. Russia Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.14. Russia Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.4. North America Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.5. North America Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.6. North America Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.7. North America Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.8. North America Oleochemicals Market: Country Analysis
14.9. USA Market
14.10. Summary
14.11. Market Overview
14.11.1. Country Information
14.11.2. Market Information
14.11.3. Background Information
14.11.4. Government Initiatives
14.11.5. Regulations
14.11.6. Regulatory Bodies
14.11.7. Major Associations
14.11.8. Taxes Levied
14.11.9. Corporate Tax Structure
14.11.10. Investments
14.11.11. Major Companies
14.12. USA Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.13. USA Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.14. USA Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.15. USA Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.16. USA Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.4. South America Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.5. South America Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.6. South America Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.7. South America Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.8. South America Oleochemicals Market: Country Analysis
15.9. Brazil Market
15.10. Brazil Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.11. Brazil Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.12. Brazil Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.13. Brazil Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.14. Brazil Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.4. Middle East Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.5. Middle East Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.6. Middle East Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.7. Middle East Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Oleochemicals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.4. Africa Oleochemicals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.5. Africa Oleochemicals Market, Segmentation By Product, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.6. Africa Oleochemicals Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.7. Africa Oleochemicals Market, Segmentation By Sales Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)

18. Competitive Landscape And Company Profiles

19. Company Profiles
19.1. Wilmar International Limited
19.1.1. Company Overview
19.1.2. Products And Services
19.1.3. Financial Overview
19.2. Kuala Lumpur Kepong Berhad (KLK)
19.2.1. Company Overview
19.2.2. Products And Services
19.2.3. Business Strategy
19.2.4. Financial Overview
19.3. Kao Corporation
19.3.1. Company Overview
19.3.2. Products And Services
19.3.3. Business Strategy
19.3.4. Financial Overview
19.4. BASF SE
19.4.1. Company Overview
19.4.2. Products And Services
19.4.3. Financial Overview
19.5. Evonik Industries AG
19.5.1. Company Overview
19.5.2. Products And Services
19.5.3. Financial Overview

20. Key Mergers and Acquisitions
20.1. Cremer Oleo Management GmbH Acquired Jiangsu Meiaisi Cosmetics Corp. Ltd.
20.2. Cargill Acquired Croda
20.3. ABITEC Corporation Acquired Larodan AB
20.4. Mega First Corporation Acquired Emery Oleochemicals' Asia Pacific unit
20.5. RNM Group Acquired Limsa Oleochemical S.A

21. Opportunities And Strategies
21.1. Global Oleochemicals Market In 2027 - Countries Offering Most New Opportunities
21.2. Global Oleochemicals Market In 2027 - Segments Offering Most New Opportunities
21.3. Global Oleochemicals Market In 2027 - Growth Strategies
21.3.1. Market Trend Based Strategies
21.3.2. Competitor Strategies

22. Oleochemicals Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
22.2.1. Product
22.2.2. Place
22.2.3. Price
22.2.4. Promotion
22.2.5. People

23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. About the Publisher
23.5. Copyright and Disclaimer

Executive Summary

This report describes and explains the oleochemicals market and covers 2017 to 2022, termed the historic period, and 2022 to 2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.

The oleochemicals market reached a value of nearly $24,920.4 million in 2022, having grown at a compound annual growth rate (CAGR) of 8.7% since 2017. The market is expected to grow from $24,920.4 million in 2022 to $38,815.9 million in 2027 at a rate of 9.3%. The market is then expected to grow at a CAGR of 11.6% from 2027 and reach $67,285.8 million in 2032.

Growth in the historic period resulted from strong economic growth in emerging markets, increased demand for sustainable plastics, and rise in crude oil price. Factors that negatively affected growth in the historic period were impact of COVID-19 and stringent regulations.

Going forward, favorable government initiatives, increasing focus on organic personal care products, and lower cost and sustainability of raw materials will drive the growth. Factors that could hinder the growth of the oleochemicals market in the future include environmental concerns.

The oleochemicals market is segmented by product into fatty acid, fatty acid methyl ester, glycerol esters, fatty alcohol, fatty amines and other products. The fatty acid market was the largest segment of the oleochemicals market segmented by product, accounting for 27.9% of the total in 2022. Going forward, the fatty alcohol segment is expected to be the fastest growing segment in the oleochemicals market segmented by product, at a CAGR of 9.8% during 2022-2027.

The oleochemicals market is segmented by application into personal care and cosmetics, soap and detergents, food and beverages, pharmaceuticals and nutraceuticals and others applications. The soap and detergents market was the largest segment of the oleochemicals market segmented by application, accounting for 34.0% of the total in 2022. Going forward, the personal care and cosmetics segment is expected to be the fastest growing segment in the oleochemicals market segmented by application, at a CAGR of 10.0% during 2022-2027.

The oleochemicals market is segmented by sales channel into direct and indirect. The direct market was the largest segment of the oleochemicals market segmented by sales channel, accounting for 71.4% of the total in 2022. Going forward, the indirect segment is expected to be the fastest growing segment in the oleochemicals market segmented by sales channel, at a CAGR of 9.5% during 2022-2027.

Asia Pacific was the largest region in the oleochemicals market, accounting for 40.9% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the oleochemicals market will be Middle East and South America where growth will be at CAGRs of 12.1% and 10.7% respectively. These will be followed by Asia Pacific and Western Europe where the markets are expected to grow at CAGRs of 9.8% and 8.7% respectively.

The global oleochemicals market is fairly fragmented, with a large number of players. The top ten competitors in the market made up to 31.93% of the total market in 2021. Wilmar International Limited was the largest competitor with 12.33% share of the market, followed by Kuala Lumpur Kepong Berhad with 5.48%, Kao Corporation with 4.15%, BASF SE with 3.89%, Evonik Industries AG with 1.84%, IOI Group with 1.18%, Emery Oleochemicals with 0.85%, Godrej Industries with 0.78%, Oleon NV with 0.77%, and Eastman Chemicals Company with 0.66%.

The top opportunities in the oleochemicals market segmented by product will arise in the fatty acid segment, which will gain $4,061.6 million of global annual sales by 2027. The top opportunities in the oleochemicals market segmented by application will arise in the soap and detergents segment, which will gain $4,734.1 million of global annual sales by 2027. The top opportunities in the oleochemicals market segmented by sales channel will arise in the direct segment, which will gain $9,814.2 million of global annual sales by 2027. The oleochemicals market size will gain the most in China at $3,253.6 million.

Market-trend-based strategies for the oleochemicals market includes focus on increasing investments, increasing online presence, partnerships and collaborations, introduction of new olechemicals production plants, and mergers and acquisitions.

Player-adopted strategies in the oleochemicals market includes enhancing its operational presence through business expansions and providing high-quality products through business expansions.

To take advantage of the opportunities, the publisher recommends the oleochemicals companies to focus on introduction of new oleochemicals production plants, focus on increasing investments, expand in emerging markets, continue to focus on developed markets, focus on partnerships and collaborations, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, continue to target fast-growing applications

Companies Mentioned

• Wilmar International Limited
• Kuala Lumpur Kepong Berhad
• Kao Corporation
• BASF SE
• Evonik Industries AG

Methodology