U.S. Specialty Oleochemicals Market: By Product Type (Specialty esters, Fatty acid methyl ester, Glycerol esters, Alkoxylates, Fatty amines, others), By Application (Personal care & cosmetics, Consumer goods, Food processing, Textiles, Paints & inks, Industrial, Healthcare & pharmaceuticals, Polymer & Plastic Additives, Others), and Geography.    

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Market Outline: U.S. Specialty Oleochemicals Market 

Oleochemicals are the chemicals which have been used for applications such as surfactants, personal care, soaps and detergents and food additives. However, various new applications of oleochemicals such as biolubricants, biopolymers, and biosurfactants are emerging as replacements of petroleum based products creating exciting growth opportuniies. Demand for sustainable solutions, biodegradable products, and REACH (Registration, Evaluation, Authorisation and Restriction of Chemical substances) like regulations are major growth drivers for oleochemicals based products and are hence driving innovation in this area. Customers increasingly prefer products based on natural sources and this trend is likely to become more prominent across geographies in future.

 

U.S. Specialty Oleochemicals Market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2019 to 2025.

 

Market Dynamics: U.S. Specialty Oleochemicals Market 

Demand for sustainable solutions, biodegradable products, and REACH (Registration, Evaluation, Authorisation and Restriction of Chemical substances) like regulations are major growth drivers for oleochemicals based products and are hence driving innovation in this area. Customers increasingly prefer products based on natural sources and this trend is likely to become more prominent across geographies in future. However, the change in blending and production standards may have a considerable impact on the biodiesel market, which in turn is expected to affect oleochemicals demand in biodiesel production. Additionally, growing popularity of shale gas as an alternative energy source is expected to have an adverse impact on the biodiesel demand in the U.S., which is expected to remain a major hindrance to the industry expansion.

 

Market Scope: U.S. Specialty Oleochemicals Market 

U.S. speciality oleochemicals market is segmented based on product type, and application

 

Based on product type, market is segmented into the following:

  • Specialty esters
  • Fatty acid methyl ester
  • Glycerol esters
  • Alkoxylates
  • Fatty amines
  • Others
 

Based on the application, market is segmented into the following:

  • Personal care & cosmetics
  • Consumer goods
  • Food processing
  • Textiles
  • Paints & inks
  • Industrial
  • Healthcare & pharmaceuticals
  • Polymer & Plastic Additives
  • Others

Competition Assessment:

Some of the players in the U.S. specialty oleochemicals market include:

  • Vantage Specialty Chemicals
  • Emery Oleochemicals
  • Evonik Industries,
  • Wilmar International
  • Cargill
  • TerraVia Holdings, Inc.
  • Kao Chemicals.
 

Notable Market Developments:

  • On June 9, 2016, Kao Chemicals Europe, S.L. concluded an asset acquisition agreement of Chimigraf Holding, S.L.


Location

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Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors 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 startup’s details that are actively working in the market
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  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

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