Global Oleate Esters Market, By Product (Methyl Oleate, Ethyl Oleate, Butyl Oleate, Tri-methylolpropane Trioleate (TMPTO) and Others), Application (Agrochemical, Cosmetics, Lubricant, Plasticizer, Absorbent and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Oleate Esters Market
The oleate esters market is expected to be growing at a growth rate of 3.37% in the forecast period of 2021 to 2028 and is estimated to reach USD 1,814.09 million by 2028. The oleate esters market report analyses the growth, which is currently being growing due to the increasing population and rise of urbanization.
Oleate esters are also called as the esters or salts of oleic acids. Esters are created by the reaction between alcohol and oleic acids in the presence of catalysts. They are found from natural sources like animal fats and vegetable oils, most preferably palm oil, canola oil, soybean oil, and so forth. As they are gained from the natural raw materials, they are favoured over other chemical compounds.
Major factors that are expected to boost the growth of the oleate esters market in the forecast period are the advancing methods in its manufacturing procedures, the growing demand for food grains because of the increase in the population and the growing of awareness about the benefits of agrochemicals. Furthermore, the growing demand lubricants because of the large scale applications in manufacturing, automotive, aerospace and other industrial sectors, the limited agricultural land sizes, and the rising consciousness amongst the consumers about the utilization of natural and eco-friendly paints are further anticipated to propel the growth of the oleate esters market. Moreover, the constant changes in the climate conditions and the considerable upsurge in the cosmetic industry because of the rise in the disposable income and growth in the readiness to look better are few of the factors further projected to cushion the growth of the oleate esters market.
- On the other hand, the increase in the production costs is further estimated to impede the growth of the oleate esters market in the coming years. In addition, the escalating demand for polyvinyl chloride will further offer potential growth opportunities for the oleate esters market in the near future.
This oleate esters market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the oleate esters market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Oleate Esters Market Scope and Market Size
The oleate esters market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the product, the oleate esters market is segmented into methyl oleate, ethyl oleate, butyl oleate, tri-methylolpropane trioleate (TMPTO) and others.
- Based on the application, the oleate esters market is segmented into agrochemical, cosmetics, lubricant, plasticizer, absorbent and others.
Oleate Esters Market Country Level Analysis
The oleate esters market is analysed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the oleate esters market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific dominates the oleate esters market because of the large production and the huge consumption capacity. Furthermore, the increasing demand of oleate esters because of the rise in the industrialization and the awareness concerning the utilization of materials which are obtained from natural sources will further boost the growth of the oleate esters market in the region during the forecast period. North America is projected to observe significant amount of growth in the oleate esters market because of the increasing demand for oleate esters because of the increase in the requirement in the personal care and cosmetics sectors in the U.S. Moreover, the flourishing of aerospace and automotive industry is further anticipated to propel the growth of the oleate esters market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Oleate Esters Market Share Analysis
The oleate esters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to oleate esters market.
The major players covered in the oleate esters market report are Croda International Plc, acme synthetic chemicals., The Victorian Chemical Company Pty Ltd., Ecogreen Oleochemicals, Procter & Gamble, Emery Oleochemicals, Kuala Lumpur Kepong Berhad, Cayman Chemical, Wilmar International Ltd, Kao Corporation, Italmatch chemical S.p.A., Midwest Liquid Feeds, LLC, Cargill, Incorporated., BASF SE, ADM, Ridley Corporation Limited, Graincorp., Quality Liquid Feeds, Inc., Keith Electronics. Pvt. Ltd, Kowa India Pvt.Ltd, CHS Endüstriyel Ürünler San. Tic. A.S., Hebei Jingu Plasticizer Co., Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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