Argentina Oleochemicals Market Size & Outlook, 2023-2030
Argentina oleochemicals market, 2018-2030 (US$M)
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Argentina oleochemicals market highlights
- The Argentina oleochemicals market generated a revenue of USD 335.1 million in 2023 and is expected to reach USD 494.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, glycerol esters was the largest revenue generating product in 2023.
- Fatty Acid Methyl Ester is the most lucrative product segment registering the fastest growth during the forecast period.
Oleochemicals market data book summary
| Market revenue in 2023 | USD 335.1 million |
| Market revenue in 2030 | USD 494.3 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Glycerol esters |
| Fastest growing segment | Fatty Acid Methyl Ester |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Specialty Esters, Fatty Acid Methyl Ester, Glycerol Esters, Alkoxylates, Fatty Amines, Other Products |
| Key market players worldwide | Evonik Industries AG, Wilmar International Ltd, Kao Corp, Corbion NV, Cargill, Godrej, IOI Corp Bhd, Vantage Specialty Chemicals, Emery Oleochemicals, Oleon, Evyap, Sakamoto Yakuhin Kogyo, The Stephan Co |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.4% of the global oleochemicals market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil oleochemicals market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 683.8 million by 2030.
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Oleochemicals Market Scope
Oleochemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 33.42% in 2023. Horizon Databook has segmented the Argentina oleochemicals market based on specialty esters, fatty acid methyl ester, glycerol esters, alkoxylates, fatty amines, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is one of the prominent consumers of Oleochemicals in Central & South America. The market growth in this country can be attributed to increasing product demand from various end-use industries such as food & beverage, paints & inks, pharmaceuticals, and personal care & cosmetics among others.
Oleochemicals market in Argentina is also projected to be driven by the strong presence of oleochemicals manufacturers such as Croda International Plc and MATERIA HNOS. S.A.C.I.F. Argentina’s financial constraints have been driving cost management efforts in the public as well as private healthcare segments.
Factors such as the growth of preventive medicine programs, establishment of networks by hospitals to gain scale efficiencies, and rising focus on population health management are expected to have a significant impact on the expansion of healthcare & pharmaceutical industry in the country, which in turn is projected to drive the product demand over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina oleochemicals market , including forecasts for subscribers. This country databook contains high-level insights into Argentina oleochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina oleochemicals market size, by product, 2018-2030 (US$M)
Argentina Oleochemicals Market Outlook Share, 2023 & 2030 (US$M)
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