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Oleochemicals Market worth $25.91 Billion by 2019
The report "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” defines and segments the oleochemicals market with an analysis and forecast of applications and types of oleochemicals. Oleochemicals are mainly used in pharmaceutical & personal care and soaps & detergents applications. Along with these, the applications of oleochemicals market include food & beverages, polymers, and others; region-wise analysis is also discussed.
Browse 69 market data tables and 52 figures spread through 154 pages and in-depth TOC on “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”
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It also identifies the driving and restraining factors for the oleochemicals market with an analysis of trends and opportunities. The market is segmented and the value has been forecast on the basis of key regions, such as North America, Europe, Asia-Pacific, and RoW.
Asia-Pacific is the fastest growing regions for oleochemicals market
The oleochemicals market is segmented into four key applications markets: pharmaceutical & personal care, food & beverages, soaps & detergents, polymers, and others. Pharmaceutical & personal care is the largest application market for oleochemicals accounting for majority of the share.
Global oleochemicals market size to reach $25.91 billion by 2019
The market size for oleochemicals is projected to reach $25.91 billion by 2019, growing at a CAGR of 4.2% between 2014 and 2019. Asia-Pacific dominated the oleochemicals market in 2013. It is projected to remain the major market by 2019, growing at a CAGR of 5.10% between 2014 and 2019.
Fatty acids held a dominating share among all other types of oleochemicals and accounted for 56.33% of the market share in 2013
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.
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