市場調查報告書
商品編碼
1336062
全球油脂化學品市場:按原材料、按類型、按最終用途行業、按地區、機會、預測,2016-2030 年Oleochemicals Market Assessment, By Feedstock, By Type, By End-use Industry, By Region, Opportunities, and Forecast, 2016-2030F |
2022年油脂化學品市場規模將達到682億美元。 預計 2023 年至 2030 年期間,該市場將以 7.7% 的複合年增長率擴張,並於 2030 年增長至 1234.6 億美元。 隨著環境問題在各個地區變得更加重要,主要行業正在轉向石化化學品的替代品和更可持續的解決方案。 由有機和可再生原材料(例如動物脂肪和植物油)製成的油脂化學品是最有利的替代品之一。 由於油脂化學品是生物基的,對環境的影響較小,因此它們吸引了製造商和消費者,促使多個行業轉向更可持續的做法。 油脂化學品用於多種消費品,例如洗滌劑、化妝品和個人護理用品。 隨著消費者偏好轉向天然和環保產品,配製這些日常用品時對油脂化學品的需求不斷增加。
此外,對生物基產品的監管支持也是推動油脂化學品市場的關鍵因素。 世界各地政府和監管機構實施的政策和激勵措施鼓勵使用可再生生物基化學品。 這些法規鼓勵公司使用油脂化學品作為傳統化學品的安全替代品。 嚴格的環境保護和減排法規也影響著許多行業中油脂化學品的使用不斷增加。
油脂化學品因其諸多優點、品質和適應性而廣泛應用於化妝品行業。 它是各種化妝品如護膚、護髮和其他個人護理產品的重要組成部分。 油脂化學品最近在化妝品行業得到積極應用,以滿足消費者對有機和環保產品不斷增長的需求。
豐富的原材料選擇確保了油脂化學品製造商穩定、定期的原料供應。 此外,減少對原材料來源的依賴也降低了供應鏈中斷的風險。 包括脂肪、動物脂肪和植物脂肪在內的多種原材料來源的可用性對於油脂化學品的生產和使用以推動市場增長至關重要。
油脂化學品用於食品和飲料、製藥、塑料和紡織等各個行業。 這些領域的發展正在推動對油脂化學品的需求。
此外,印度等國家製藥行業的強勁發展、中國塑料產量的不斷增長以及全球食品和飲料行業的強勁表現都促進了油脂化學品市場的增長。馬蘇。
本報告研究了全球油脂化學品市場,並提供了市場概述,包括按原材料、類型、最終用途行業、區域趨勢以及進入市場的公司概況劃分的趨勢。
The oleochemicals market size was valued at USD 68.2 billion in 2022, which is expected to grow to USD 123.46 billion in 2030 with a CAGR of 7.7% during the forecast period between 2023 and 2030. The major industries are inclined towards alternatives and more sustainable solutions over petrochemical-derived chemicals as environmental concerns gain importance across various regions. Oleochemicals from organic, renewable feedstocks like animal fats and vegetable oils serve as one of the most lucrative alternatives. They attract manufacturers and consumers due to their bio-based makeup and diminished environmental impact, which promotes the shift to more sustainable practices in several industries. Oleochemicals are used in various consumer goods, such as detergents, cosmetics, and personal care items. The demand for oleochemicals in formulating these everyday items has increased due to the shift of consumer preference towards natural and environmentally friendly products.
Moreover, regulatory support for bio-based products is another significant factor driving the market for oleochemicals. Policies and incentives implemented by governments and regulatory bodies worldwide encourage the use of renewable and bio-based chemicals. These regulations encourage companies to use oleochemicals as a safe substitute for traditional chemicals. Strict environmental protection and emission reduction rules also influence the increasing use of oleochemicals across numerous industries.
Oleochemicals are widely used in the cosmetic industry because of their numerous advantages, qualities, and adaptability. They are essential in various cosmetics, such as skincare, haircare, and other personal care products. Oleochemicals have been used aggressively recently in the cosmetics industry to meet the rising consumer demand for organic and environmentally friendly goods.
For instance, according to the 2022 Loreal Annual reports, the company witnessed an 18.5% rise in sales, reaching USD 42.62 billion during that year. This rise in sales is likely to continue, raising the demand for oleochemicals. Oleochemicals being sustainable compared to its petrochemical alternatives in cosmetic production aligns with consumer sentiments and further contributes to the growth of the oleochemicals market.
The wide range of feedstock options guarantees a steady and regular supply of raw materials for oleochemical producers. Additionally, it lessens reliance on feedstock sources, lowering the risk of supply chain disruptions. The availability of a wide range of feedstock sources, including greases, animal fats, and vegetable oils, is essential for producing and using oleochemicals to promote market growth.
For instance, crude glycerol is a byproduct created when turning these feedstocks into biodiesel. Glycerin is an essential oleochemical used in numerous industries, including cosmetics, pharmaceuticals, and food, which can be found in significant amounts in crude glycerol. Therefore, increasing biofuel usage increases the need for feedstock availability and strengthens the oleochemicals market.
Oleochemicals are used in various other industries, including food and drink, pharmaceuticals, plastics, and textiles. The development of these sectors boosts the demand for oleochemicals.
For instance, shipments of man-made fiber, textile, and apparel from the United States were worth an estimated USD 65.8 billion in 2022, up from USD 64.04 billion in 2021 according to National Council of Textile Organizations (NCTO). Coupled with this rise, there have been strong global investments in textile manufacturing units, strengthening the demand for oleochemicals.
Moreover, the strong development of pharmaceutical sector in country such as India, rising plastic production in China and steady performance of the global food beverages sector, all together contribute to the growth of Oleochemical market.
The effects of COVID-19 on the global oleochemicals market were neutral. COVID-19-related supply shortages, demand discrepancies, and logistical issues all disrupted the oleochemicals market. The weak demand for oleochemicals from end users like the rubber, ink, and footwear industries, which were hampered by the pandemic's restriction on various markets enfeebled the oleochemicals market globally.
On the other hand, oleochemicals witnessed increased demand in downstream industries like pharmaceuticals and personal care. During the pandemic the demand for pharma products and personal hygiene commodities like hand sanitizers peaked, which in turn drove the requirement of oleochemicals across the globe.
Neither Russia nor Ukraine played a significant role in the Oleochemicals market; the effects of the Russia-Ukraine War were mild on this market. However, Manufacturers of oleochemicals rely on importing vegetable oils and fats from Russia and Ukraine witnessed tightness in feedstocks' availability, which impacted the production costs. The Russian-Ukrainian conflict has caused market instability and trade disruptions globally, causing fluctuation of various feedstock prices. International Oleochemicals manufacturers have run into issues caused by delays and logistical uncertainty brought on by the war.
Major Oleochemicals market players actively seek strategic acquisitions to boost their competitiveness and market share. Companies seek to increase their product offerings, access cutting-edge resources and technologies, enter new markets, and gain a competitive advantage through these acquisitions.
For instance, Croda International Plc ('Croda') completed the acquisition of Solus Biotech, a leader in high-end, biotechnology-derived active ingredients for cosmetics and pharmaceuticals during July 2023, to strengthen their presence in Asian markets.
The growing emphasis on sustainability and environmental consciousness is driving the demand for products made from bio-based and renewable resources. Oleochemicals, made from organic materials like vegetable oils, are becoming increasingly in demand because they are considered safer alternatives to petrochemicals in many industries. Additionally, the adaptability of oleochemicals is expanding their applications in industries like plastics, food and beverages, pharmaceuticals, home care, and personal care, opening new business opportunities for producers and suppliers. These elements are anticipated to propel the market's development and encourage the adoption of oleochemicals as crucial components in various consumer and industrial products. They will work in conjunction with ongoing improvements in production technology.
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.