Oleochemical Fatty Acids Market: By Product Type (Fatty Acid, Glycerol, Fatty Acid Alcohol), By Application Type (Soap & Detergents, Intermediates, Plastics, Rubber, Paper, Lubricant & Greases, Personal Care, Food & beverages, Tobacco humectants, Others), and Geography

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Oleochemical Fatty Acids Market size was valued at USD 15.2 billion in 2023 and is estimated to reach USD 20.6 billion by 2030, at a significant CAGR of 6.4% from 2024 - 2030. Increasing use age of biodegradable products by various industries such as various industries such as petrochemicals, detergents, personal care, and food and beverages is anticipated to withstand as a favorable factor for the growth of market. Encouraging government strategies concerning financial encouragement for bio-based chemical producers, tax benefits are the major contributors to industrial growth. Growing application opportunity together with R& D investments for the launch of innovative products will produce favorable prospects for leading corporations operating in oleochemical fatty acids market during the forecasted period. However, volatility in the cost of raw materials hinders the growth of the market.

This report studies global Oleochemical Fatty Acids market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global Oleochemical Fatty Acids market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (regional Investment hot spots) and market unmet needs (Product Opportunities). Key players in the global oleochemical fatty acids market enhance their product portfolio and consumer base by adopting striking market strategies like collaborations, acquisitions, and technological innovations, among others. For instance, on March 4, 2019, Cargill's cocoa and chocolate business and Smet, a leading Belgium-based supplier of chocolate and sweets decorations to the food service and confectionary markets, announced their intent to bring together their global gourmet chocolate activities.

Global Oleochemical Fatty Acids Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.4%

Largest Market

North America

Fastest Growing Market

Asia-Pacific

Oleochemical Fatty Acids Market Dynamics

Oleochemical fatty acids are predominantly found into various type of products such as fatty acid, glycerol, fatty acid alcohol, others. Fatty acids is the leading segment and is expected to propel the oleochemicals fatty acids market during the forecast period. Wide range of applications of fatty acid in personal care, soaps and detergents industries will increase the demand for segment during the forecast period. Escalating demand of oleochemical fatty acids in personal care, lubricant, soaps and detergents, and in other leading chemical industries is expected to up surge the growth of market during the forecast period. Glycerol is the second leading segment and is anticipated to register a substantial CAGR of XX% because it is used as a major ingredient in various detergent, food and beverages, and personal care products. Glycerol monostearate is the major glycerin derivatives that have gained momentum in the food and beverage uses comprising of protein drinks, confectioneries, and bakery.

Global Oleochemical Fatty Acids Market Segmentation

By Product Type

  • Fatty Acid
  • Glycerol
  • Fatty Acid Alcohol

By Application

  • Soap & Detergents
  • Intermediates
  • Plastics
  • Rubber
  • Paper
  • Lubricant & Greases
  • Personal Care
  • Food & beverages
  • Tobacco humectants
  • Others

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The Oleochemical fatty acids market size was valued at USD 15.2 billion in 2023.

The key segments covered in the restless leg’s syndrome market are technology, components, application, and end-users.

The Oleochemical fatty acids market key player is SABIC BASF SE, Cargill Inc, Akzo Nobel N.V, TerraVia Holdings, Inc, Wilmar International Ltd, Evonik Industries AG, Emery Oleochemicals Sdn Bhd, Evyap, Godrej Industries Ltd, Ecogreen Oleochemicals (Singapore) Pte Ltd, Procter and Gamble (P&G), Unilever Johnson and Johnson, Colgate

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Oleochemical Fatty Acids Market Introduction 
2.1.Global Oleochemical Fatty Acids Market  - Taxonomy
2.2.Global Oleochemical Fatty Acids Market  - Definitions
2.2.1.Product Type
2.2.2.Application
2.2.3.Region
3.Global Oleochemical Fatty Acids Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Oleochemical Fatty Acids Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Oleochemical Fatty Acids Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Fatty Acid
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Glycerol
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Fatty Acid Alcohol
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Oleochemical Fatty Acids Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Soap & Detergents
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Intermediates
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Plastics
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Rubber
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Paper
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Lubricant & Greases
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Personal Care
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
6.8. Food & beverages
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.8.3. Market Opportunity Analysis 
6.9. Tobacco humectants
6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.9.3. Market Opportunity Analysis 
6.10. Others
6.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.10.3. Market Opportunity Analysis 
7.Global Oleochemical Fatty Acids Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Oleochemical Fatty Acids Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Fatty Acid
8.1.2.Glycerol
8.1.3.Fatty Acid Alcohol
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Soap & Detergents
8.2.2.Intermediates
8.2.3.Plastics
8.2.4.Rubber
8.2.5.Paper
8.2.6.Lubricant & Greases
8.2.7.Personal Care
8.2.8.Food & beverages
8.2.9.Tobacco humectants
8.2.10.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Oleochemical Fatty Acids Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Fatty Acid
9.1.2.Glycerol
9.1.3.Fatty Acid Alcohol
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Soap & Detergents
9.2.2.Intermediates
9.2.3.Plastics
9.2.4.Rubber
9.2.5.Paper
9.2.6.Lubricant & Greases
9.2.7.Personal Care
9.2.8.Food & beverages
9.2.9.Tobacco humectants
9.2.10.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10.Asia Pacific (APAC) Oleochemical Fatty Acids Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Fatty Acid
10.1.2.Glycerol
10.1.3.Fatty Acid Alcohol
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Soap & Detergents
10.2.2.Intermediates
10.2.3.Plastics
10.2.4.Rubber
10.2.5.Paper
10.2.6.Lubricant & Greases
10.2.7.Personal Care
10.2.8.Food & beverages
10.2.9.Tobacco humectants
10.2.10.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Oleochemical Fatty Acids Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Fatty Acid
11.1.2.Glycerol
11.1.3.Fatty Acid Alcohol
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Soap & Detergents
11.2.2.Intermediates
11.2.3.Plastics
11.2.4.Rubber
11.2.5.Paper
11.2.6.Lubricant & Greases
11.2.7.Personal Care
11.2.8.Food & beverages
11.2.9.Tobacco humectants
11.2.10.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Oleochemical Fatty Acids Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Fatty Acid
12.1.2.Glycerol
12.1.3.Fatty Acid Alcohol
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Soap & Detergents
12.2.2.Intermediates
12.2.3.Plastics
12.2.4.Rubber
12.2.5.Paper
12.2.6.Lubricant & Greases
12.2.7.Personal Care
12.2.8.Food & beverages
12.2.9.Tobacco humectants
12.2.10.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.SABIC
13.2.2.BASF SE
13.2.3.Cargill, Inc
13.2.4.Akzo Nobel N.V
13.2.5.TerraVia Holdings, Inc
13.2.6.Wilmar International Ltd
13.2.7.Evonik Industries AG
13.2.8.Emery Oleochemicals Sdn Bhd
13.2.9.Evyap, Godrej Industries Ltd
13.2.10.Ecogreen Oleochemicals (Singapore) Pte Ltd
13.2.11.Procter and Gamble (P&G)
13.2.12.Unilever
13.2.13.Johnson and Johnson
13.2.14.Colgate
14. Research Methodology 
15. Appendix and Abbreviations 
  • SABIC
  • BASF SE
  • Cargill, Inc
  • Akzo Nobel N.V
  • TerraVia Holdings, Inc
  • Wilmar International Ltd
  • Evonik Industries AG
  • Emery Oleochemicals Sdn Bhd
  • Evyap, Godrej Industries Ltd
  • Ecogreen Oleochemicals (Singapore) Pte Ltd
  • Procter and Gamble (P&G)
  • Unilever
  • Johnson and Johnson
  • Colgate

Adjacent Markets