Oleochemicals Market Growing at Nearly 6% CAGR to be Worth $25B by 2019

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Jul 21, 2015, 06:30 ET

DALLAS, July 21, 2015 /PRNewswire/ --

ReportsnReports.com adds Global Oleochemicals Market 2015-2019 research report that forecasts a 5.95% CAGR by value for oleochemicals to 2019 and segments the industry based on geography, application, feedstock and type.

Complete report on oleochemicals market spread across 101 pages, talking about 8 companies and supported with 50 data exhibits is now available at http://www.reportsnreports.com/reports/404578-global-oleochemicals-market-2015-2019.html .

Commenting on this 2015 oleochemicals market report, the publisher says, "The end-user industries are varied when it comes to the use of oleochemicals for the production of various products. There has been a gradual shift in the end-user industries using oleochemicals and there is a likelihood of various new end-user segments switching to oleochemicals to offer products with new functionalities in terms of raw materials and the processes employed to manufacture them. The advancements in technology as well as chemistry will provide opportunities for alternative products/processes, leading to a number of new products being developed in the forecast period. This will create intense rivalry in the whole value chain of oleochemicals market as vendors will offer varied product portfolios."

According to this oleochemicals market research, the usage of oleochemicals to produce fatty acid provides a viable option for using bio-based products for the personal care industry, giving a push to the global oleochemicals market. The increase in the output of the feedstock industries will result in an increase in the output of oleochemicals manufactured globally, which in turn will give rise to personal care and allied industries. Further, the report states that the major challenge is the lack of a continuous supply of feedstock for the production of oleochemicals products.

Oleochemicals market companies discussed in this 2015-2019 research report include Cargill, Emery Oleochemicals, Evyap, Godrej Industries, Myriant, P&G Chemicals and PTT Global Chemical. Other prominent vendors simply mentioned in the research are Amyris, Codexis, Gevo and Wilmar International. Order a copy of Global Oleochemicals Market 2015-2019 research report at http://www.reportsnreports.com/Purchase.aspx?name=404578 .

In this report, analysts cover the present scenario and growth prospects of the global oleochemicals market from 2015 to 2019. To calculate the market size, revenue generated through sales of oleochemicals products for various commercial and industrial applications have been considered. The report also throws light on the various segments of the oleochemicals market. The market is classified into different segments based on geography, application, feedstock, and type. The report, Global Oleochemicals Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. It also includes a discussion of the key vendors operating in this market.

On the same topic, another research titled Oleochemicals Market by Type (Fatty Acid, Fatty Alcohol, Glycerin, and Others), by Application (Pharmaceutical & personal care, Food & beverages, Soaps & detergents, Polymers, and Others), by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Trends and Forecasts to 2019 forecasts this market to register a CAGR of 4.20% between 2014 and 2019 to reach $25,917.57 million by 2019. Asia-Pacific held the largest share in 2013 with China being the leading country. In the more saturated markets of North America and Europe, low growth is expected while the developing regions of Asia-Pacific are predicted to show high growth. APAC is projected to remain the major market by 2019, growing at a CAGR of 5.10% between 2014 and 2019. Growth in the North American region is expected to be low because of the saturation in current market and no new applications being developed for the product. Fatty acids held the major share in the oleochemicals market by type in 2013 and the trend is projected to continue by 2019. Fatty alcohols held the second biggest market by type for the oleochemicals in 2013. The market for glycerin is projected to grow at a high rate of 5.31% between 2014 and 2019 owing to the constantly increasing application areas for the product.

Partnerships & Agreements was the most preferred strategy among the major players in the oleochemicals market, globally. Asia-Pacific was the more preferred region for expansions from 2010 to 2014. More than half of the developments took place in North America for the given period. The major players are also enhancing their technological base, product portfolio, and geographical reach by acquiring other companies.

Expansion was the second most preferred strategy among the key players in the oleochemicals market, globally. The key players are enhancing their product portfolio and regional reach by expanding production operations into various developing regions.

Companies profiled in this oleochemicals market report include Akzonobel, Alnor Oil Co., Inc., BASF SE, Berg + Schmidt GMBH & Co. KG, Cargill Inc., Eastman Chemical Company, Emery Oleochemicals Group, Evonik Industries, Godrej Industries, Isosciences LLC, Myriant, P&G Chemicals, PTT Global Chemical Public Company Limited, Vegetable Vitamins Food Company and Wilmar International Ltd. Many companies, offering oleochemicals, are actively trying to increase their product portfolio and regional presence to cater to different regional markets. They are primarily focused on entering the less explored markets in the developing regions.

Comprehensive table of contents and more on the Oleochemicals Market by Type (Fatty Acid, Fatty Alcohol, Glycerin, and Others), by Application (Pharmaceutical & personal care, Food & beverages, Soaps & detergents, Polymers, and Others), by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Trends and Forecasts to 2019 research report is available at http://www.reportsnreports.com/reports/341134-oleochemicals-market-by-type-fatty-acid-fatty-alcohol-glycerin-and-others-by-application-pharmaceutical-personal-care-food-beverages-soaps-detergents-polymers-and-others-by-region-north-america-europe-asia-pacific.html .

Explore more reports on the chemicals market at http://www.reportsnreports.com/market-research/chemicals/ .

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