Specialty Oleochemicals Market

Posted by sanj ray on October 8th, 2018

This report researches the worldwide Specialty Oleochemicals market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.This study categorizes the global Specialty Oleochemicals breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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. 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.Specialty esters are extensively used in various end-user industries such as food packaging, medical devices, construction, automotive, paints and coatings, and ink for various applications such as plasticizers, lubricants, and coalescing agents. The specialty ester segment will continue to grow during the projected period due to the rising demand for specialty esters in end-user industries that highly require materials for bonding, coatings, and additives.

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