市場調查報告書
商品編碼
1423112
2024-2032 年油脂化學品市場報告(按類型、形式、應用、原料和地區)Oleochemicals Market Report by Type, Form, Application, Feedstock, and Region 2024-2032 |
2023年全球油脂化學品市場規模達258億美元。展望未來, IMARC Group預計到2032年市場規模將達到440億美元,2024-2032年複合年成長率(CAGR)為5.9%。對生物基護膚品和化妝品的需求不斷成長,對維持永續性的環境關注日益增加,以及政府為遏制碳足跡而對再生化學品採取的有利舉措,是推動市場的一些主要因素。
油脂化學品是一組從天然油脂中提取的化學物質,主要來自植物和動物。它們以脂肪酸、甘油、脂肪醇和酯的形式提供,並透過各種化學過程獲得,例如油和脂肪中三酸甘油酯的水解或酯化。它們是多功能化合物,具有永續和環保的特性,可減少環境污染。因此,油脂化學品廣泛應用於全球的化妝品、藥品、肥皂和清潔劑、塑膠、橡膠和造紙業。
目前,甘油在各種護膚品和藥物配方中的使用不斷增加,支撐了市場的成長。除此之外,脂肪酸的使用不斷增加,因為它們是洗滌劑和乳化劑中使用的界面活性劑的重要組成部分,正在加強市場的成長。此外,隨著各行業迅速尋求石油化學品的替代品,對油脂化學品的需求不斷成長,對市場產生了積極影響。除此之外,個人對更健康和天然成分的日益關注為行業投資者提供了利潤豐厚的成長機會。此外,由於與傳統石化產品相比,油脂化學品更具成本效益,人們對油脂化學品的偏好日益增加,這也促進了市場的成長。與此一致的是,世界各地各種原料的廣泛供應正在推動市場的成長。
維護永續發展的環境問題日益突出
個人對維持永續發展日益關注的環境問題正在加強市場的成長。由於氣候變遷和環境惡化,人們越來越青睞永續產品。此外,油脂化學品作為一種永續且環保的替代品,在各個領域中迅速應用。除此之外,它們源自於可再生資源,主要是天然油脂,這使得它們本質上可生物分解,並且與石化產品相比對環境的危害較小。這符合減少碳足跡和採用綠色技術的趨勢。此外,消費者的環保意識日益增強,並積極尋求對生態影響最小的產品,這提供了積極的市場前景。
對生物基產品的需求不斷增加
全球大眾對生物基產品的需求不斷成長,推動了市場的成長。隨著消費者環保意識的增強,他們越來越喜歡生物基產品。與此一致的是,個人在日常生活中對天然和生物基替代品的日益偏好正在支持市場的成長。油脂化學品是基於植物且可生物分解的產品,不會對身體造成任何傷害。除此之外,對含有天然成分的化妝品和個人護理產品(例如保濕霜和潤膚劑)的需求也在增加。同樣,生物基界面活性劑也被優先考慮環保清潔解決方案的消費者廣泛使用。
政府對可再生化學品的有利舉措
許多國家的管理機構正在實施嚴格的環境標準法規和政策,以減少碳排放。他們還採取多項舉措鼓勵採用不排放任何有害氣體的生物基和可再生化學品,這提供了良好的市場前景。與此一致的是,其他各種措施通常包括稅收優惠、補貼和鼓勵製造商採取永續做法的強制措施。除此之外,油脂化學品以其生態友善性和生物分解性而聞名,是符合這些嚴格法規的合適解決方案。此外,消費者對安全和天然產品的需求不斷成長正在推動市場的成長。
The global oleochemicals market size reached US$ 25.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032. The growing demand for bio-based skincare and cosmetic products, rising environmental concerns for maintaining sustainability, and favorable government initiatives for renewable chemicals to curb carbon footprint are some of the major factors propelling 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.
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.
IMARC Group provides an analysis of the key trends in each segment of the global oleochemicals market report, along with forecasts at the global, regional and country levels for 2024-2032. Our report has categorized the market based on type, form, application, and feedstock.
Fatty Acids
Fatty Alcohols
Glycerine
Others
Fatty acids represent the largest market segment
The report has provided a detailed breakup and analysis of the market based on the type. This includes fatty acids, fatty alcohols, glycerine, and others. According to the report, fatty acids represented the largest segment. Fatty acids are organic acids that are derived from natural oils and fats. Fatty acids are classified based on their carbon chain length and are widely available as lauric, stearic, and oleic acid. Lauric acid is typically sourced from coconut and palm kernel oils and is known for its surfactant properties that are used in soap and detergent production. Stearic acid is often derived from animal and vegetable fats and is a versatile ingredient in various industries, such as cosmetics, plastics, and rubber. Oleic acid is found in olive oil and other vegetable oils and is renowned for its moisturizing properties.
Liquid
Solid
Flakes
Pellets
Beads
Others
Liquid accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the form. This includes liquid and solid (flakes, pellets, beads, and others). According to the report, liquid represented the largest segment. Liquid oleochemicals are characterized by their physical state as liquids at room temperature. They are typically derived from natural oils and fats through various processes like hydrolysis or esterification. It offers enhanced versatility and is widely employed in diverse industries, such as pharmaceuticals, food and beverage (F&B), and personal care and cosmetics. In the pharmaceutical sector, they assist in improving the solubility and bioavailability of certain drugs. In personal care and cosmetics, they are commonly used in the formulation of skincare products, hair care products, and cosmetics. They can act as emollients, humectants, or surfactants that enhance the texture and performance of these products. Besides this, in the food and beverage (F&B) industry, they may serve as food additives, flavor carriers, or emulsifiers in various processed foods and beverages.
Soaps and Detergents
Plastics
Paper
Lubricants
Rubber
Coatings and Resins
Personal Care Products
Others
Soaps and detergents hold the biggest market share
The report has provided a detailed breakup and analysis of the market based on the application. This includes soaps and detergents, plastics, paper, lubricants, rubber, coatings and resins, personal care products, and others. According to the report, soaps and detergents represented the largest segment. Fatty acids and glycerin are essential components in the production of both traditional soap and detergent formulations. In soap production, fatty acids derived from natural oils and fats serve as the core raw materials. They provide the cleansing and lathering properties necessary for effective soap. On the other hand, glycerin is often retained in soap formulations for its moisturizing benefits. For detergents, oleochemical-based surfactants are key ingredients. Surfactants help break down oils and grease, which makes them effective cleaning agents. They are preferred in detergent manufacturing due to their biodegradability and reduced environmental impact as compared to synthetic alternatives.
Palm
Soy
Rapeseed
Sunflower
Tallow
Palm Kernel
Coconut
Others
Palm dominates the market segment
The report has provided a detailed breakup and analysis of the market based on the feedstock. This includes palm, soy, rapeseed, sunflower, tallow, palm kernel, coconut, and others. According to the report, palm represented the largest segment. Palm oil and its derivatives serve as a primary source for a wide range of oleochemical products. Palm oil is extracted from the fruit of oil palm trees, which is abundant and cost-effective. It is rich in triglycerides, which can be hydrolyzed into fatty acids and glycerin. It is used in various applications, such as food additives, personal care products, and industrial processes. In line with this, there is a rise in the demand for sustainable and certified palm oil that encourages responsible sourcing practices.
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.
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.
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.
In 2022, BASF is the first chemical company that is offering Rainforest Alliance Certified personal care ingredients based on coconut oil, which is an important feedstock for the chemical sector.
In 2020, Emery Oleochemicals launched its EMERY E general-purpose fatty acid esters product line. These fatty acid esters offer good color stability, low odor, and good biodegradability, and are sustainable alternative to petrochemical-based materials.
In 2021, Cargill acquired an edible oil refinery in Nellore in Andhra Pradesh to expand its footprint in Southern India and strengthen its existing supply chain in the country.