Global Oleate Esters Market Analysis Report 2022: Market to Reach $2.1 Billion by 2026 – Ethyl Oleate and Lubricants Segments Dominate – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Oleate Esters – Global Market Trajectory & Analytics” has been added to from ResearchAndMarkets.com offer.

Global Oleate Esters Market to Reach $2.1 Billion by 2026

Amid the COVID-19 crisis, the global oleate esters market estimated at US$1.6 billion in 2020 is expected to reach a revised size of US$2.1 billion by 2026, with growth at a CAGR of 4.9% over the analysis period.

Ethyl Oleate, one of the segments analyzed in the report, is expected to grow at a CAGR of 5.5% to reach US$1 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the methyl oleate segment is readjusted to a revised CAGR of 4.8% for the next 7-year period. This segment currently represents a 27.5% share of the global market for oleate esters.

The US market is estimated at $436.5 million in 2021, while China is expected to reach $407.3 million by 2026

The oleate esters market in the United States is estimated to be worth US$436.5 million in 2021. The country currently accounts for a 25.86% share of the global market. China, the world’s second largest economy, is expected to reach an estimated market size of US$407.3 million in 2026 growing at a CAGR of 6.5% over the analysis period.

Other notable geographic markets include Japan and Canada, each forecasting growth of 3.4% and 3.7% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 3.9%, while the rest of the European market (as defined in the study) will reach US$436.3 million by the end of the year. analysis period.

In Asia-Pacific, growth is supported by numerous production sites, easy access to raw materials and increasing investment in R&D activity. The market receives notable contribution from India and China owing to their strong agrochemical industry coupled with high consumption of fertilizers and pesticides.

The oleate esters market in the Middle East and Africa is expected to benefit from easy access to major raw materials. The region is known for the large-scale cultivation of palm plantations which are effective feedstocks for the production of different types of oleate esters.

The market is also poised to be propelled by strong demand for lubricants owing to the expansion of automotive and aerospace industries. Oleate esters set to benefit from increased consumption in US cosmetics and personal care sector

Butyl Oleate Segment to Reach $302 Million by 2026

In the global butyl oleate segment, the United States, Canada, Japan, China and Europe will drive the estimated CAGR of 4.1% for this segment. These regional markets representing a combined market size of US$178.6 million in 2020 will reach a projected size of US$237.1 million by the end of the analysis period.

China will remain among the fastest growing markets in this group of regional markets. Led by countries such as Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$39.6 million by 2026, while Latin America will expand to a CAGR of 4.8% over the analysis period.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Oleate Esters – Percentage Market Share of Global Key Competitors in 2022 (E)

  • Impact of Covid-19 and a looming global recession

  • Swelling demand from key industries to drive the growth of the global oleate esters market

  • Ethyl Oleate and Lubricants Segments Dominate the Global Oleate Ester Market

  • Asia-Pacific and the United States occupy a large share, while Asia-Pacific is experiencing steady market growth

  • Competitive scenario

  • Recent market activity

2. FOCUS ON SELECT PLAYERS (Total 33 Featured)

  • Acme Synthetic Chemicals

  • BASF SE

  • Cargill Inc.

  • Cayman Chemical Company

  • Croda International plc

  • Ecogreen Oleochemicals

  • Emery oleochemicals

  • Kuala Lumpur Kepong Berhad

  • Procter & Gamble

  • The Victorian Chemical Society

3. MARKET TRENDS AND DRIVERS

  • Growing demand for lubricants increases outlook

  • How is the automotive industry affected by the pandemic and what is the new normal?

  • Environmental fears drive demand for oleate esters in biolubricants

  • Main characteristics and corresponding advantages of biolubricants

  • Biodegradability of certain base fluids

  • Global Biolubricants Market Set for Rapid Growth Post COVID-19

  • Manufacturing PMI: an important indicator

  • Sustainable opportunities in plasticizers

  • Growing demand for bio-based plasticizers in PVC manufacturing

  • Agrochemicals: a well-established end-use sector for oleate esters

  • Growing Agricultural Chemicals Market Propels Demand for Oleate Esters

  • With growing population and increasing food demand, the need to increase agricultural yield is driving the demand for oleate esters in agricultural chemicals

  • Intense focus on increasing cereal and grain production to drive demand for oleate esters in agrochemicals

  • Loss of topsoil puts immense pressure on yields per acre

  • The personal care and cosmetics sectors are under enormous stress due to the pandemic

  • The popularity of natural and eco-friendly ingredients in personal care products opens up new avenues for oleate esters

  • Main functions of esters in personal care products

  • Consumer attention to sensory proliferation of personal care products bodes well for esters

  • Esters for an enhanced sensory experience

  • Rising Emphasis on Appearance Drives Demand for Oleate Esters in Personal Care Sector

  • Demographic Trends Influencing Sales of Oleate Esters in the Personal Care Industry

  • Middle class population

4. GLOBAL MARKET OUTLOOK

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/an7d6t

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