Showing posts with label Natural Fats and Oil Market. Show all posts
Showing posts with label Natural Fats and Oil Market. Show all posts

Friday, November 11, 2022

3 Key Insights on Competitive Landscape in the Global Oleochemicals Market: Ken Research

 Buy Now

Country-Niche Players and Regional Players constitute ~50% and ~40% of market presence respectively Despite the Presence of about ~250 Competitors, find a Recent Market Study on Global Oleochemicals Market.

Oleochemicals are chemical substances made from natural fats and oils that can be employed in a range of industries as either raw materials or supplementary ingredients. Petrochemicals, which are made from petroleum, can be replaced with oleochemicals.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

Large Global Players Hold Around 40% of the Market Share Followed by Regional Players Holding ~35% of the Market Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Oleochemicals Market is competitive with ~250 players which include globally diversified players, and regional players, as well as a large number of country-niche players.

According to the research, the Large Global Players held the dominant position in the market in 2021, in terms of the market share with about ~40% followed by regional players which account for ~35% of the market share.

Global Oleochemicals Market

Leading Global Players Focus on Acquisition and Increase in Production to Cater to the Wider End-user Audience

Global players are highly focused on advancing their products and processes to improve in their product quality that can be used in multiple application segments like healthcare & pharmaceuticals, household care, Industrial, food & beverages, personal care & cosmetics, etc. Several companies are involved in strategic developments such as acquisitions, partnerships, and joint ventures.

Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTEx

  • In November 2019, Emery Oleochemicals expanded its distribution partnership with Omya Inc. Emery Oleochemicals is leveraging the capabilities of Omya to provide technical support to its USA-based customers for Green Polymer Additives (GPA) products, such as release agents, antifogging, lubricants, and specialty plasticizers.
  • In August 2021, Edenor Technology Sdn Bhd, a joint venture of MEGA First Corp Bhd and 9M Technologies Sdn Bhd, undertook the acquisition of Emery Oleochemicals’ Asia Pacific unit. This has helped Edenor Technology Sdn Bhd to strengthen its presence in the oleochemical market of the Asia Pacific region.

Global Oleochemicals Market Size

Increased Initiatives of Governments Propelling the Growth of the Oleochemicals Market

  • In Indonesia, the oleochemicals sector received a total of Rp. 14 trillion (US$1.4 billion) in investment from 12 companies since 2011. To lure more investors, the government of Indonesia grants tax holidays and tax allowances to companies willing to invest in the oleochemicals sector.
  • European Union has brought a draft in 2021, to set out detailed rules to encourage the development of voluntary schemes that set standards for the production of sustainable biofuels, bioliquids, and biomass fuels and to certify them if they meet the standard.

Key Topics Covered in the Report

  • Snapshot of the Global Oleochemicals Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Oleochemicals Market
  • Historic Growth of the Overall Global Oleochemicals Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Oleochemicals Market
  • Overview, Product Offerings, and SWOT Analysis of Key Competitors
  • COVID-19 Impact on the Overall Global Oleochemicals Market
  • Future Market Forecast and Growth Rates of the Total Global Oleochemicals Market and by Segments
  • Market Size of Product Type / Application Segments with Historical CAGR and Future Forecasts
  • Analysis of the Oleochemicals Market in Major Regions
  • Major Production / Consumption Hubs in the Major Regions
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Country

Major Players Mentioned in the report

  • Emery Oleochemicals
  • BASF SE
  • Wilmar International
  • Godrej Industries
  • Cargill Inc.
  • Kao Corporation
  • Edenor Technology Sdn Bhd
  • Oleon NV.
  • IOI Group Berhad
  • P&G Chemicals
  • Twin River Technologies Inc.
  • Croda International plc.

Notable Emerging Companies Mentioned in the Report

  • Matrix Life Science
  • VVF L.L.C.
  • 3F Industries Limited.
  • Vance Bioenergy Sdn. Bhd.
  • EGC Reliant, Inc.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Preservatives Manufacturers
  • Thickening Agents Manufacturers
  • Fatty Acids Manufacturers
  • Biofuel Dealers
  • Industrial Lubricants Manufacturers
  • Healthcare Products Manufacturers
  • Palm Oil Manufacturers
  • Major Chemical Manufacturing Firms
  • Cosmetic Emollient Manufacturers
  • Adhesives Manufacturers

Time Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022E-2028F

For more information on the research report, refer to below link:

Global Oleochemicals Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Wednesday, November 9, 2022

3 Key Insights on US$ 50 Bn Opportunity in the Global Oleochemicals Market: Ken Research

Key trends driving market expansion include the recyclability of oleochemicals, increasing demand for biodegradable and sustainable products, and the growing demand from the end-user industry such as pharmaceutical, cosmetics, and food industries, the Global Oleochemicals Market is Forecasted to Reach US$ 50 Bn by 2028 says Ken Research Study.

Oleochemicals are chemicals created from the organic fats and oils found in both animals and plants. It is made by separating glycerol and fatty acids from the fats and oils' triglyceride structure. Different forms of oleochemical substances, such as fatty acids and fatty alcohols, are produced by hydrolyzing or methylating oils and fats.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Consumption of Renewable, Sustainable, and Bio-Based Chemicals in Various End-User Industries Has Created a Specialized Demand for Oleochemicals Products

According to Research estimates, the Global Oleochemicals Market – which was valued from around US$ 20 Bn in 2017 to nearly US$ 30 Bn by 2022 – is expected to grow further to more than US$ 50 Bn opportunity by 2028.

Oleochemicals are widely used in various end-user industries. These are widely utilized for the preparation of polishing, and treating agents in leather products, softeners, general industrial lubricants, vulcanizing agents, biodegradable base oils, hydraulic fluids, culture media, shampoos, creams, soaps, protective coatings, etc. Additionally, the opportunity to replace petroleum-based products is creating immense opportunities for the growth of the Global Oleochemical Market.

Global Oleochemicals Market

2. Oleochemicals as a Replacement to Petroleum-Based Products is Positively Impacting the Market Growth

Fossil fuels pose a negative impact on the environment as when burned, release a large amount of carbon dioxide, particularly petroleum. Governments are increasing regulations for petroleum's moderate use. Oleochemicals are a preferable substitute for chemicals derived from petroleum. Additionally, oleochemicals are environmentally beneficial and sustainable, resulting in reduced pollution. These factors are causing the oleochemicals market to grow steadily and are anticipated to continue doing so over the projected period.

According to a report published in Oil & Fat Magazine (magazine) in April 2021, the production of Biodiesel in Malaysia was 6.4 million tonnes in 2019 and in 2020 it jumped around 56% to become 1 million tonnes. By the end of 2021, biodiesel production in Indonesia is expected to reach 17 million tonnes.  

Global Oleochemicals Market

3. The emission of Volatile Organic Compounds (VOC) is a Major Concern Which Impedes the Growth of the Global Oleochemicals Market

Despite all of its benefits, Oleochemicals have a certain adverse impact on the environment such as VOC and other harmful gaseous emissions, wastewater release, hazardous waste release, etc. Volatile organic compounds are produced during the pre-treatment of poor-quality glycerin solutions or in vacuum generation systems. Also, Air emissions from fatty acids production mainly include fugitive emissions of volatile organic compounds. Volatile organic compounds can cause odor emissions due to the presence of low molecular weight decomposition products. These factors are expected to hamper its acceptance by end-users and consequently limit the growth of the market.

Global Oleochemicals Market

Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTEx

According to research conducted by Aerosol and Air Quality Research (AAQR), in 2017, in California, USA, in rendering plants, the volatile organic compounds (VOCs) found at high concentrations are acetic acid (80–320 ppb), acetone (55–241 ppb, along with nine other aldehyde/ketone products ranging from 0.4–60 ppb), and ethanol (15–81 ppb). These constituents have low odor thresholds and thus contribute to nuisance odor problems.

Key Topics Covered in the Report

  • Snapshot of the Global Oleochemicals Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Oleochemicals Market
  • Historic Growth of the Overall Global Oleochemicals Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Oleochemicals Market
  • Overview, Product Offerings, and SWOT Analysis of Key Competitors
  • COVID-19 Impact on the Overall Global Oleochemicals Market
  • Future Market Forecast and Growth Rates of the Total Global Oleochemicals Market and by Segments
  • Market Size of Product Type / Application Segments with Historical CAGR and Future Forecasts
  • Analysis of the Oleochemicals Market in Major Regions
  • Major Production / Consumption Hubs in the Major Regions
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Country

Major Players Mentioned in the report

  • Emery Oleochemicals
  • BASF SE
  • Wilmar International
  • Godrej Industries
  • Cargill Inc.
  • Kao Corporation
  • Edenor Technology Sdn Bhd
  • Oleon NV.
  • IOI Group Berhad
  • P&G Chemicals
  • Twin River Technologies Inc.
  • Croda International plc.

Notable Emerging Companies Mentioned in the Report

  • Matrix Life Science
  • VVF L.L.C.
  • 3F Industries Limited.
  • Vance Bioenergy Sdn. Bhd.
  • EGC Reliant, Inc.

For more information on the research report, refer to below link:

Global Oleochemicals Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research