Autumn Market Research projects that the global market for oleochemicals is estimated reach $35.7
billion by 2024, in terms of value, growing at a CAGR of 6.2% over the forecast period (2019-2024).
The market is driven by advantages offered by oleochemicals over petrochemicals such as their
production through renewable resources and higher biodegradability, unlike latter which is obtained
from polluting, non-renewable and exhaustible petroleum, especially as lubricants, polymers, and
Fatty acids, fatty alcohols, glycerol, fatty amines, and fatty methyl esters are the major types of
oleochemicals used across various end-use industries. Fatty acids accounted for majority share of
oleochemicals market demand in 2018, in terms of value. Fatty acids are most commonly used in
surfactants for soaps and detergents; in grease and lubricants; rubber; paper; and personal care
The study outlines the market structure and offers in-depth analysis of the oleochemicals market by
product types (Fatty Acids, Fatty Alcohols, Glycerol, Fatty Amines, Fatty Methyl Esters),
applications in various end-use industries (Personal Care and Pharmaceuticals, Lubricants and
Greases, Soaps and Detergents, Intermediates, Polymers, Food and Beverages, and Others), and
regions (North America, Europe, Asia-Pacific, South America, and ROW). The study also provides
the competitive landscape of the market, along with economic, industry- and region-specific, and
technological trends driving the oleochemicals market over the forecast period.