Specialty Oleochemicals Market in the US Will Grow At A CAGR Of 4.54% During The Period 2017-2021

Oleochemicals are produced from animal and plant fats. These feedstocks are renewable and safe for the environment. Thus, oleochemicals are gaining prominence over their petroleum-based counterparts.

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They have the same functions as petroleum-based chemicals, but advantageous in terms of biodegradability. Specialty oleochemicals are used for specific applications in various industries including cosmetics, industrial, paints and coatings, food processing, polymers, plastics, additives, and others. For instance, glycerides and fatty acids are used mainly in paints and coatings.

Technavios analysts forecast the specialty oleochemicals market in the US to grow at a CAGR of 4.54% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the specialty oleochemicals market in the US for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Technavio's report, Specialty Oleochemicals Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Emery Oleochemicals
Evonik Industries
Kao Corporation
Vantage Specialty Chemicals
Wilmar International

Other prominent vendors
Amyris
Cail & Pars
Cargill
Croda International
Evyap-Oleo
Godrej Industries(Chemicals)
P&G Chemicals
PMC Group
Prod'Hyg

Market driver
Increase in the use of bio-based feedstocks in products
For a full, detailed list, view our report

Market challenge
Storage and transportation of vegetable oils and animal fats
For a full, detailed list, view our report

Market trend
Development of new products and applications through oleochemicals
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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