올레오케미컬 시장 보고서 : 유형별, 형태별, 용도별, 원료별, 지역별(2025-2033년)

The global oleochemicals market size reached USD 27.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 45.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.46% during 2025-2033. The increasing environmental awareness towards maintaining sustainability, along with the escalating demand for bio-based skincare, is primarily driving the market.

Oleochemicals are a group of chemicals derived from natural oils and fats, primarily sourced from plants and animals. They are available as fatty acids, glycerin, fatty alcohols, and esters and are obtained from various chemical processes like hydrolysis or esterification of triglycerides found in oils and fats. They are versatile compounds that have sustainable and eco-friendly characteristics and reduce environmental pollution. As a result, oleochemicals are widely utilized in the cosmetics, pharmaceuticals, soaps and detergents, plastics, rubber, and paper industries across the globe.

At present, the rising utilization of glycerin in various skincare and pharmaceutical formulations is supporting the growth of the market. Besides this, the increasing employment of fatty acids, as they serve as essential building blocks for surfactants that are used in detergents and emulsifiers, is strengthening the growth of the market. Additionally, the growing demand for oleochemicals, as various industries are rapidly seeking alternatives to petroleum-based chemicals, is positively influencing the market. Apart from this, the rising focus on healthier and natural ingredients among individuals is offering lucrative growth opportunities to industry investors. Furthermore, the increasing preference for oleochemicals, as they are cost-effective compared to traditional petrochemicals, is contributing to the growth of the market. In line with this, the wide availability of a variety of feedstock around the world is impelling the growth of the market.

Oleochemicals Market Trends/Drivers:

Rising environmental concerns for maintaining sustainability

The rising environmental concern for maintaining sustainability among individuals is strengthening the growth of the market. People are increasingly preferring sustainable products due to the rapid climate change and environmental degradation. In addition, oleochemicals are rapidly utilized in various sectors as they are a sustainable and eco-friendly alternative. Apart from this, they are derived from renewable sources, primarily natural oils and fats, which makes them inherently biodegradable and less harmful to the environment as compared to their petrochemical counterparts. This aligns with the trend of reducing carbon footprints and adopting green technologies. Furthermore, consumers are increasingly becoming environmentally conscious and are actively seeking products with minimal ecological impact, which is offering a positive market outlook.

Increasing demand for bio-based products

The rising demand for bio-based products among the masses across the globe is bolstering the growth of the market. Consumers are increasingly preferring bio-based products as they are becoming more environmentally conscious. In line with this, the rising preference for natural and bio-based alternatives among individuals in their daily lives is supporting the growth of the market. Oleochemicals are plant-based and biodegradable products that do not pose any harm to the body. Apart from this, there is an increase in the demand for cosmetics and personal care products, such as moisturizers and emollients, that contain natural ingredients. Similarly, bio-based surfactants are widely utilized by consumers who prioritize eco-friendly cleaning solutions.

Favorable government initiatives for renewable chemicals

Governing agencies of numerous countries are implementing stringent regulations and policies regarding environmental standards to reduce carbon emissions. They are also taking several initiatives to encourage the adoption of bio-based and renewable chemicals that do not emit any harmful gases, which is offering a favorable market outlook. In line with this, various other measures often include tax incentives, subsidies, and mandates to encourage manufacturers to adopt sustainable practices. Apart from this, oleochemicals are known for their eco-friendliness and biodegradability and are a suitable solution that aligns with these stringent regulations. Furthermore, the increasing consumer demand for safe and natural products is propelling the growth of the market.

Oleochemicals Market Segmentation:

Breakup by Type:

Fatty Acids

Fatty Alcohols

Glycerine

Others

Fatty acids represent the largest market segment

Breakup by Form:

Liquid

Solid

Flakes

Pellets

Beads

Others

Liquid accounts for the majority of the market share

Breakup by Application:

Soaps and Detergents

Plastics

Paper

Lubricants

Rubber

Coatings and Resins

Personal Care Products

Others

Soaps and detergents hold the biggest market share

Breakup by Feedstock:

Palm

Soy

Rapeseed

Sunflower

Tallow

Palm Kernel

Coconut

Others

Palm dominates the market segment

Breakup by Region

North America

United States

Canada

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Latin America

Brazil

Mexico

Argentina

Colombia

Chile

Peru

Others

Middle East and Africa

Turkey

Saudi Arabia

Iran

United Arab Emirates

Others

Asia Pacific exhibits a clear dominance, accounting for the largest oleochemicals market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others); and the Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, and others). According to the report, Asia Pacific accounted for the largest market share.

Asia Pacific held the biggest market share as it is one of the major palm-oil producers. Apart from this, the rising demand for oleochemical-based items among individuals due to their eco-friendliness is contributing to the growth of the market in the region. In line with this, the presence of advanced manufacturing facilities is propelling the growth of the market. Besides this, the rising awareness among individuals about sustainable products is bolstering the growth of the market in the Asia Pacific region.

Competitive Landscape:

Several manufacturers are investing in research and development (R&D) activities to innovate and develop new products and processes. They are improving the efficiency of oleochemical production, discovering novel applications, and enhancing the performance of existing products. In addition, many companies are focusing on sustainable practices by ensuring responsible sourcing of raw materials, particularly palm oil. They are also seeking to obtain certifications like roundtable on sustainable palm oil (RSPO) to demonstrate their commitment to environmentally friendly production methods. Besides this, key players are diversifying their portfolios by producing a wide range of oleochemical derivatives, such as fatty acids, glycerin, surfactants, and more, to meet specific industry demands.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Akzo Nobel N.V.

BASF SE

Cargill, Incorporated

Emery Oleochemicals Group

Evonik Industries AG

Evyap Oleo

Godrej & Boyce Mfg. Co. Ltd.

Kao Corporation

KLK Oleo

Myriant Technologies

Oleon NV

Procter & Gamble Company

PTT Global Chemical Public Company Limited

Corbion N.V.

Wilmar International Ltd.

Key Questions Answered in This Report

• 1. What was the size of the global oleochemicals market in 2024?
• 2. What is the expected growth rate of the global oleochemicals market during 2025-2033?
• 3. What are the key factors driving the global oleochemicals market?
• 4. What has been the impact of COVID-19 on the global oleochemicals market?
• 5. What is the breakup of the global oleochemicals market based on the type?
• 6. What is the breakup of the global oleochemicals market based on the form?
• 7. What is the breakup of the global oleochemicals market based on the application?
• 8. What is the breakup of the global oleochemicals market based on the feedstock?
• 9. What are the key regions in the global oleochemicals market?
• 10. Who are the key players/companies in the global oleochemicals market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Oleochemicals Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 Fatty Acids
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Fatty Alcohols
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Glycerine
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast

7 Market Breakup by Form

• 7.1 Liquid
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Solid
  • 7.2.1 Market Trends
  • 7.2.2 Major Types
    • 7.2.2.1 Flakes
    • 7.2.2.2 Pellets
    • 7.2.2.3 Beads
    • 7.2.2.4 Others
  • 7.2.3 Market Forecast

8 Market Breakup by Application

• 8.1 Soaps and Detergents
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Plastics
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Paper
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Lubricants
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Rubber
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Coatings and Resins
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast
• 8.7 Personal Care Products
  • 8.7.1 Market Trends
  • 8.7.2 Market Forecast
• 8.8 Others
  • 8.8.1 Market Trends
  • 8.8.2 Market Forecast

9 Market Breakup by Feedstock

• 9.1 Palm
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Soy
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Rapeseed
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Sunflower
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Tallow
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast
• 9.6 Palm Kernel
  • 9.6.1 Market Trends
  • 9.6.2 Market Forecast
• 9.7 Coconut
  • 9.7.1 Market Trends
  • 9.7.2 Market Forecast
• 9.8 Others
  • 9.8.1 Market Trends
  • 9.8.2 Market Forecast

10 Market Breakup by Region

• 10.1 North America
  • 10.1.1 United States
    • 10.1.1.1 Market Trends
    • 10.1.1.2 Market Forecast
  • 10.1.2 Canada
    • 10.1.2.1 Market Trends
    • 10.1.2.2 Market Forecast
• 10.2 Europe
  • 10.2.1 Germany
    • 10.2.1.1 Market Trends
    • 10.2.1.2 Market Forecast
  • 10.2.2 France
    • 10.2.2.1 Market Trends
    • 10.2.2.2 Market Forecast
  • 10.2.3 United Kingdom
    • 10.2.3.1 Market Trends
    • 10.2.3.2 Market Forecast
  • 10.2.4 Italy
    • 10.2.4.1 Market Trends
    • 10.2.4.2 Market Forecast
  • 10.2.5 Spain
    • 10.2.5.1 Market Trends
    • 10.2.5.2 Market Forecast
  • 10.2.6 Russia
    • 10.2.6.1 Market Trends
    • 10.2.6.2 Market Forecast
  • 10.2.7 Others
    • 10.2.7.1 Market Trends
    • 10.2.7.2 Market Forecast
• 10.3 Asia Pacific
  • 10.3.1 China
    • 10.3.1.1 Market Trends
    • 10.3.1.2 Market Forecast
  • 10.3.2 Japan
    • 10.3.2.1 Market Trends
    • 10.3.2.2 Market Forecast
  • 10.3.3 India
    • 10.3.3.1 Market Trends
    • 10.3.3.2 Market Forecast
  • 10.3.4 South Korea
    • 10.3.4.1 Market Trends
    • 10.3.4.2 Market Forecast
  • 10.3.5 Australia
    • 10.3.5.1 Market Trends
    • 10.3.5.2 Market Forecast
  • 10.3.6 Indonesia
    • 10.3.6.1 Market Trends
    • 10.3.6.2 Market Forecast
  • 10.3.7 Others
    • 10.3.7.1 Market Trends
    • 10.3.7.2 Market Forecast
• 10.4 Latin America
  • 10.4.1 Brazil
    • 10.4.1.1 Market Trends
    • 10.4.1.2 Market Forecast
  • 10.4.2 Mexico
    • 10.4.2.1 Market Trends
    • 10.4.2.2 Market Forecast
  • 10.4.3 Argentina
    • 10.4.3.1 Market Trends
    • 10.4.3.2 Market Forecast
  • 10.4.4 Colombia
    • 10.4.4.1 Market Trends
    • 10.4.4.2 Market Forecast
  • 10.4.5 Chile
    • 10.4.5.1 Market Trends
    • 10.4.5.2 Market Forecast
  • 10.4.6 Peru
    • 10.4.6.1 Market Trends
    • 10.4.6.2 Market Forecast
  • 10.4.7 Others
    • 10.4.7.1 Market Trends
    • 10.4.7.2 Market Forecast
• 10.5 Middle East and Africa
  • 10.5.1 Turkey
    • 10.5.1.1 Market Trends
    • 10.5.1.2 Market Forecast
  • 10.5.2 Saudi Arabia
    • 10.5.2.1 Market Trends
    • 10.5.2.2 Market Forecast
  • 10.5.3 Iran
    • 10.5.3.1 Market Trends
    • 10.5.3.2 Market Forecast
  • 10.5.4 United Arab Emirates
    • 10.5.4.1 Market Trends
    • 10.5.4.2 Market Forecast
  • 10.5.5 Others
    • 10.5.5.1 Market Trends
    • 10.5.5.2 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porter's Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 Akzo Nobel N.V.
    • 15.3.1.1 Company Overview
    • 15.3.1.2 Product Portfolio
  • 15.3.2 BASF SE
    • 15.3.2.1 Company Overview
    • 15.3.2.2 Product Portfolio
    • 15.3.2.3 Financials
    • 15.3.2.4 SWOT Analysis
  • 15.3.3 Cargill, Incorporated
    • 15.3.3.1 Company Overview
    • 15.3.3.2 Product Portfolio
  • 15.3.4 Emery Oleochemicals Group
    • 15.3.4.1 Company Overview
    • 15.3.4.2 Product Portfolio
  • 15.3.5 Evonik Industries AG
    • 15.3.5.1 Company Overview
    • 15.3.5.2 Product Portfolio
  • 15.3.6 Evyap Oleo
    • 15.3.6.1 Company Overview
    • 15.3.6.2 Product Portfolio
  • 15.3.7 Godrej & Boyce Mfg. Co. Ltd.
    • 15.3.7.1 Company Overview
    • 15.3.7.2 Product Portfolio
  • 15.3.8 Kao Corporation
    • 15.3.8.1 Company Overview
    • 15.3.8.2 Product Portfolio
    • 15.3.8.3 Financials
    • 15.3.8.4 SWOT Analysis
  • 15.3.9 KLK Oleo
    • 15.3.9.1 Company Overview
    • 15.3.9.2 Product Portfolio
    • 15.3.9.3 Financials
  • 15.3.10 Myriant Technologies
    • 15.3.10.1 Company Overview
    • 15.3.10.2 Product Portfolio
  • 15.3.11 Oleon NV
    • 15.3.11.1 Company Overview
    • 15.3.11.2 Product Portfolio
  • 15.3.12 Procter & Gamble Company
    • 15.3.12.1 Company Overview
    • 15.3.12.2 Product Portfolio
    • 15.3.12.3 Financials
    • 15.3.12.4 SWOT Analysis
  • 15.3.13 PTT Global Chemical Public Company Limited
    • 15.3.13.1 Company Overview
    • 15.3.13.2 Product Portfolio
    • 15.3.13.3 Financials
  • 15.3.14 Corbion N.V.
    • 15.3.14.1 Company Overview
    • 15.3.14.2 Product Portfolio
  • 15.3.15 Wilmar International Ltd.
    • 15.3.15.1 Company Overview
    • 15.3.15.2 Product Portfolio
    • 15.3.15.3 Financials
    • 15.3.15.4 SWOT Analysis