Global Specialty Oleochemicals Market, By Type (Fatty Amines, Fatty Acid Methyl Esters, Specialty Es

Published Date: | Report Code : CH1958347

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The Specialty Oleochemicals are the base of oleochemicals products. These are used in a variety of applications. The material and manufacturing technologies are of the utmost importance for the specialty oleochemicals market. These oleochemicals include feedstock which is plant-based such as palm oil, rapeseed oil, soybean oil, and sunflower oil. 
The market for specialty oleochemicals has been segmented into type and applications.

Segment Analysis

Based on the product type, it is divided as fatty amines, fatty acid methyl esters, specialty esters, alkoxylates, glycerol esters, and others. The specialty esters are more sustainable as compared to its substitutes hence they are widely used. they also help reduce the carbon footprint and help utilization of the bio-based products. Fatty acid methyl esters are mostly used as food additives in various foods such as ice creams and baked goods to stabilize and thicken the foods.

By the application, it is segmented as textiles, healthcare & pharmaceuticals, polymers & plastics additives, consumer goods, food processing, paints & ink, personal care & cosmetics, and others. The personal care and cosmetics segment is the largest growing segment as there has been a decrease in the use of harmful chemicals such as aluminum salts, parabens and phthalates and efforts have been undertaken by the MNCs for the adoption of sustainable products.

The APAC region is the largest market for these specialty oleochemicals, as raw materials are abundant for the manufacturing of the same.

Key Factors Impacting Market Growth:
    • The increasing demand for biosurfactants and lubricants
    • The support from the government for the utilization of sustainable products

Regional Analysis

On the basis of the region, the specialty oleochemicals market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe is some of the major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing the number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. 

Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.  The Asia Pacific and the Middle East are expected to register substantial growth in the specialty oleochemicals market during the forecast period. This demand is with regard to the growth of major end-use industries including Industrial, Marine, Automotive, Building & Construction, and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the specialty oleochemicals market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the specialty oleochemicals market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: KLK Oleo, Emery Oleochemicals, IOI Group, Oleon, Evonik Industries, Vantage Specialty Chemicals, and Wilmar International...

Market Segmentation:
By Type:
    • Fatty Amines
    • Fatty Acid Methyl Esters
    • Specialty Esters
    • Alkoxylates
    • Glycerol Esters
    • Others

By Application:
    • Textiles
    • Healthcare & Pharmaceuticals
    • Polymers & Plastics Additives
    • Consumer Goods
    • Food Processing
    • Paints & Ink
    • Personal Care & Cosmetics
    • Other

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By Application
    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe) 
        ◦ By Type
        ◦ By Application
    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe) 
        ◦ By Type
        ◦ By Application
    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific) 
        ◦ By Type
        ◦ By Application
    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East) 
        ◦ By Type
        ◦ By Application
    • Rest of the World
        ◦ By Region (South America, Africa) 
        ◦ By Type
        ◦ By Application

Reasons To Buy This Report:
    • Market size estimation of the global Specialty Oleochemicals Market on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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