Global Oleochemicals Market: Growing Demand for Oleochemicals in Consumer Products to Create New Revenue Streams, Says Tmr

Transparency Market

Research

Global Oleochemicals Market (Glycerin, Fatty Acids,

Fatty Alcohols), Downstream Application Potential,

2010 - 2018

Published Date

24-Oct-2012

79 Page Report

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Global Oleochemicals Market: Growing Demand for

Oleochemicals in Consumer Products to Create New

Revenue Streams, says TMR

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Global Oleochemicals Market

REPORT DESCRIPTION

Global Oleochemicals Market (Glycerin, Fatty Acids, Fatty Alcohols), Downstream Application

Potential, 2010 - 2018

The global oleochemicals market demonstrates a high degree of competition between participants. The

presence of a large number of players points towards a fragmented competitive landscape, says Transparency

Market Research (TMR) in a new report. The top three players, namely, BASF, Oleon, and KLK Malaysia could

hold only 47% of the overall market in 2014. The market is highly innovation-driven with the development of

applications for customized solutions being an absolute necessity. Participants are constantly focusing on

introducing new products for emergent applications. However, mergers, acquisitions, and partnerships are

likely to surface as the most preferred strategy among them in the near future.

TMR estimates the global market for oleochemicals, which stood at US$28.3 bn in 2015, to expand at a CAGR

of 5.90% during the period from and hold an opportunity worth US$33.8 bn by 2018. In terms of volume, the

market will reach 18,563.7 kilo tons by the end of the forecast period. Fatty acids are expected to remain the

key contributor to this market in the forthcoming years with revenue increasing to US$22.1 bn by 2018.

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