Oleochemicals Market to reach USD 57.29 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.3% | Detailed MDC Research Report
Market Data Centre
Market Data Centre

Pune, June 22, 2022 (GLOBE NEWSWIRE) -- Oleochemicals Market by Vendor Assessment, Technology Assessment, Partner & Customer Ecosystem, type/solution, service, organization size, end-use verticals, and Region – Global Oleochemicals Market  Forecast to 2030, published by Market Data Centre, The Oleochemicals Market  is projected to grow at a solid pace during the forecast period. The presence of key players in the ecosystem has led to a compsetitive and diverse market. The advancement of digital transformation initiatives across multiple industries is expected to drive the worldwide Oleochemicals Market  during the study period.

This COVID-19 analysis of the report includes COVID-19 IMPACT on the production and, demand, supply chain. This report provides a detailed historical analysis of the global Oleochemicals Market  from 2017-to 2021 and provides extensive market forecasts from 2022-to 2030 by region/country and subsectors. The report covers the revenue, sales volume, price, historical growth, and future perspectives in the Oleochemicals Market .

The Global Oleochemicals Market size is projected to grow from USD 34.17 Billion in 2022 to USD 57.29 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period (2022-2030).

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List of the key companies profiled inclues:

  • Cargill Inc. (Minnesota, U.S.)

  • Kuala Lumpur Kepong Berhad (Perak, Malaysia)

  • BASF SE (Ludwigshafen, Germany)

  • Oleon N.V. (Ranst, Belgium)

  • IOI Group Berhad (Putrajaya, Malaysia)

  • Wilmar International (Singapore)

  • Kao Chemicals</a> (Tokyo, Japan)

  • Twin Rivers Technologies (Massachusetts, U.S.)

  • Croda Industrial Chemicals (Snaith, U.K.)

  • Evonik Industries (Essen, Germany)

  • Emery Oleochemicals (Selangor, Malaysia)

  • Godrej Industries (Vikharoli, India)

  • Other Key Players

Regional Analysis:

On the basis of Geography, the Global Oleochemicals Market  is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to hold a considerable share in the global Oleochemicals Market . Due to increasing investment for research and development process and adoption of solutions in the region whereas Asia-Pacific is expected to grow at a faster pace during the forecasted period.

The growing number of Oleochemicals Market  players across regions is expected to drive market growth further. Moreover, increasing investments by prominent vendors in product capabilities and business expansion is expected to fuel the market during the study period. Many market players are finding lucrative opportunities in emerging economies like China and India, where the large populations are coupled with new innovations in numerous industries.