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U.S. Specialty Oleochemicals Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

 

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.

 

 

 

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 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.

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: U.S. Specialty Oleochemicals Market

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: U.S. Specialty Oleochemicals Market

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

 

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