市場調查報告書
商品編碼
1386027
全球油脂化學品市場:按類型、材料、應用和地區劃分的評估、機會和預測(2016-2030)Oleochemicals Market Assessment, By Form, By Type, By Application, By End-use Industry, By Region, Opportunities, and Forecast, 2016-2030F |
2022年全球油脂化學品市場規模為217.3億美元,預測期內(2023-2030年)複合年增長率為6.6%,到2030年將達到362.3億美元,預計將達到1000萬美元。 為了在食品和飲料生產設施中保持良好的衛生標準,對消毒產品的需求不斷增加,以及最近與使用油脂化學成分的個人護理和化妝品系列相關的產品創新,是加速市場增長的關鍵,也是一個主要的決定因素。
提高政府標準以確保食品製造廠和最近開業的食品和飲料製造廠的更高品質生產是推動食品接觸表面消毒劑採用的主要趨勢。 此外,個人護理和化妝品行業的成長歸因於一些重要方面,例如向特定性別的個人護理產品的轉變、天然成分的配方以及高檔化妝品的成長趨勢。 因此,食品和飲料設施中消毒劑生產的增加以及化妝品和個人護理行業的蓬勃發展是推動對油脂化學品作為石油化學品替代品的需求的主要因素。 這促進了油脂化學品市場的成長。
本報告分析了全球油脂化學品市場,提供了產品概述、市場基本結構、整體市場規模趨勢展望、按細分市場和地區劃分的詳細趨勢、市場背景情況以及主要因素,我們正在調查影響因素、主要企業概況、市場佔有率等。
為涵蓋的所有地區/國家提供每個細分市場的資訊。
上面列出的公司並非按市場份額排序,並且可能會根據研究工作中獲得的資訊進行更改。
Global Oleochemicals Market size was valued at USD 21.73 billion in 2022, which is expected to grow to USD 36.23 billion in 2030 with a CAGR of 6.6% during the forecast period between 2023 and 2030. The increase in the demand for sanitization products to maintain superior hygiene standards in food & beverage manufacturing facilities, along with the recent product innovations related to the personal care & cosmetics ranges with oleochemical ingredients are the significant determinants accelerating the market growth.
The increasing government standards for ensuring higher quality production in food manufacturing plants and the recently inaugurated food & beverage production facilities are the key trends driving the adoption of sanitizers for food contact surfaces. In addition, the growth of the personal care & cosmetics industry is attributed to vital aspects such as a shift in the focus of gender-specific personal care products, the inclusion of natural ingredients, and the increasing trend for high-end luxury cosmetics products. Thus, the increase in the deployment of sanitization production in the food & beverage facilities coupled with the booming cosmetics & personal care sector are the prime factors driving the demand for oleochemicals as an alternative to petroleum-based chemicals. This, in turn, is augmenting the oleochemicals market growth.
The oleochemicals, including fatty acids and fatty alcohols, are utilized as a starting chemical in cleaning products to ensure higher performance efficiency. As a result, oleochemicals are ideal for cleaning chemical products such as detergents, surfactants, and soaps. The growing awareness associated with health & safety regulations and increasing demand for sustainable cleaning products are driving the adoption of cleaning products.
For illustration, according to the International Association for Soaps, Detergents and Maintenance Products (A.I.S.E.), in 2022, the European home cleaning products market, including detergents, dishwashing soaps, and soaps was valued at USD 35.9 billion (Euro 34.1 billion), representing a year-on-year growth rate of 5.2%. Hence, the increase in the production of cleaning products is boosting the demand for oleochemicals as the materials are vital ingredients for household and industrial cleaning products, thereby supplementing the market growth.
The key benefits associated with fatty acids include superior anti-aging properties, enhanced dissolution, and excellent energy sources. Thus, due to the above-listed benefits, fatty acids are ideal for various end-use industries such as cosmetics & personal care, pharmaceuticals, and food. The manufacturers of oleochemicals are implementing technology advancement strategies to enhance the production capabilities of fatty acids and ensure superior cost-effectiveness.
For instance, in June 2023, Novozymes, an oleochemicals manufacturer in Denmark, introduced enzymatic Pre-Splitting technology to ensure 30% cost savings for fatty acids production. Therefore, the recent technological innovations will fuel the production of fatty acids. As a result, the fatty acid availability in the market will increase, which, in turn, will create a prominent potential for market growth in the upcoming years.
The growth of the end-use industries such as food & beverage, pharmaceuticals, and cosmetics & personal care are attributed to factors, including the presence of established market players in the region, the easy availability of raw materials & labor, and the pro-government measures.
For instance, according to the Government of India, Ministry of Chemicals & Fertilizers Department of Pharmaceuticals, in 2021-22, the annual turnover of pharmaceuticals products in India was USD 46.11 billion (INR 3,441.25 billion), an increase of 4.89%. Henceforth, the advancements of the end-use industries, including pharmaceuticals, food & beverage, and cosmetics & personal care sectors are driving the demand for oleochemicals in the Asia Pacific region, which is amplifying the market growth.
The recent strategies to increase the local manufacturing of pharmaceutical products in the country will propel the pharmaceutical industry growth in the coming years. For instance, according to the India Brand Equity Foundation (IBEF), in 2021, the Indian pharmaceutical industry was valued at USD 42.0 billion and will reach USD 65.0 billion and USD 130.0 billion by 2024 and 2030, respectively. Thus, the revenue expansion of the pharmaceutical industry in the upcoming years will create a lucrative opportunity for the market in the long run.
Household cleaning product manufacturers are eliminating the deployment of fossil fuels to ensure long-term sustainability targets. For instance, in September 2020, Unilever, a global player in household cleaning products announced the elimination of fossil fuels in cleaning products by 2030. Therefore, the long-term sustainability targets will encourage the adoption of natural ingredients such as oleochemicals, thereby creating a prominent potential for market growth.
The food and beverage manufacturers are expanding their manufacturing base with investment in new manufacturing facilities development to increase the supply of product products. For instance, in September 2023, KT&G Corp. announced its plans to develop a new food manufacturing facility in Indonesia. The KT&G Corp. food production facility construction will be completed by 2026. As a result, the development of a new manufacturing facility will boost the demand for oleochemicals, which, in turn, will create a favorable growth outlook for the market during the projected forecast period.
The prominent players in the Oleochemicals market : Arkema, Emery Oleochemicals, Kao Corporation, and Vantage Specialty Chemicals. The above players involved in the manufacturing and supply of oleochemicals, such as glycerol esters and fatty amines are investing in strategies, including technology innovation, acquisitions, product innovations, and facility development to increase their market revenue and volume share in the oleochemicals industry.
For instance, in June 2023, Oleon N.V., a leading manufacturer of oleochemicals in Belgium, opened a new manufacturing facility in the country. The major focus of the launch of the new manufacturing facility was to increase the market share of Oleon N.V. in the European region.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.