Global Oleochemicals Market Size & Outlook, 2024-2030

The global oleochemicals market size was estimated at USD 24,416.9 million in 2023 and is projected to reach USD 39,426.9 million by 2030, growing at a CAGR of 7% from 2024 to 2030.
Revenue, 2023 (US$M)
$24,416.9
Forecast, 2030 (US$M)
$39,426.9
CAGR, 2024 - 2030
7%
Report Coverage
Worldwide

Global oleochemicals market, 2018-2030 (US$M)

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Global oleochemicals market highlights

  • The global oleochemicals market generated a revenue of USD 24,416.9 million in 2023 and is expected to reach USD 39,426.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7% by 2030.
  • In terms of segment, glycerol esters accounted for a revenue of USD 9,342.0 million in 2023.
  • Fatty Acid Methyl Ester is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, China is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 24,416.9 million
Market revenue in 2030USD 39,426.9 million
Growth rate7% (CAGR from 2024 to 2030)
Largest segmentGlycerol esters
Fastest growing segmentFatty Acid Methyl Ester
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSpecialty Esters, Fatty Acid Methyl Ester, Glycerol Esters, Alkoxylates, Fatty Amines

Other key industry trends

  • In terms of revenue, the North America accounted for 20.0% of the global oleochemicals market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, China is the fastest growing regional market and is projected to reach USD 3,735.7 million by 2030.

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Oleochemicals Market Companies

Name Profile # Employees HQ Website
The Stephan Co View profile 29 7901 4th Street North, Suite 300, St. Petersburg, FL, United States, 33702 https://www.thestephanco.com
Sakamoto Yakuhin Kogyo View profile 251-500 Osaka, Osaka, Japan, Asia http://www.sy-kogyo.co.jp
Evyap View profile 5001-10000 Istanbul, Istanbul, Turkey, Europe http://www.evyap.com.tr/en
Oleon View profile 501-1000 Ertvelde, Oost-Vlaanderen, Belgium, Europe https://www.oleon.com/
Emery Oleochemicals View profile 1001-5000 Telok Panglima Garang, Selangor, Malaysia, Asia http://www.emeryoleo.com
Vantage Specialty Chemicals View profile 501-1000 Deerfield, Illinois, United States, North America https://www.vantagegrp.com
IOI Corp Bhd View profile 28010 Level 29,IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, SGR, Malaysia, 62502 https://www.ioigroup.com
Godrej View profile 10001+ Mumbai, Maharashtra, India, Asia https://www.godrej.com
Kao Corp View profile 42450 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, Japan, 103-8210 http://www.kao.com
Cargill View profile 10001+ Minneapolis, Minnesota, United States, North America http://www.cargill.com
Corbion NV View profile 2727 Piet Heinkade 127, Amsterdam, NH, Netherlands, 1019 GM https://www.corbion.com
Wilmar International Ltd View profile 100000 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 https://www.wilmar-international.com
Evonik Industries AG View profile 33409 Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 https://www.evonik.com

Global oleochemicals market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oleochemicals market will help companies and investors design strategic landscapes.


Glycerol esters was the largest segment with a revenue share of 38.26% in 2023. Horizon Databook has segmented the Global oleochemicals market based on specialty esters, fatty acid methyl ester, glycerol esters, alkoxylates, fatty amines covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Oleochemicals Product Outlook (Revenue, USD Million, 2018-2030)
    • Specialty Esters
    • Fatty Acid Methyl Ester
    • Glycerol Esters
    • Alkoxylates
    • Fatty Amines
    • Others
  • Global Oleochemicals Application Outlook (Revenue, USD Million, 2018-2030)
    • Personal Care & Cosmetics
    • Consumer Goods
    • Food Processing
    • Textiles
    • Paints & Inks
    • Industrial
    • Healthcare & Pharmaceuticals
    • Polymer & Plastic Additives
    • Others

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Target buyers of Global oleochemicals market databook

  • Our clientele includes a mix of oleochemicals market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global oleochemicals market , including forecasts for subscribers. This global databook contains high-level insights into Global oleochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global oleochemicals market size, by regions, 2018-2030 (US$M)

Top 10 countries: Oleochemicals market size, 2023 (US$M)

Global oleochemicals market share, by product, 2023 & 2030 (%, US$M)

Oleochemicals market: Opportunity assessment by country

Global oleochemicals market, by region, 2023 (US$M)

Global oleochemicals market size, by regions, 2018-2030 (US$M)

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