Brazil Oleochemicals Market Size & Outlook, 2023-2030
Brazil oleochemicals market, 2018-2030 (US$M)
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Brazil oleochemicals market highlights
- The Brazil oleochemicals market generated a revenue of USD 450.4 million in 2023 and is expected to reach USD 683.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.1% 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 450.4 million |
| Market revenue in 2030 | USD 683.8 million |
| Growth rate | 6.1% (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, Brazil accounted for 1.8% 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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Brazil 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 33.24% in 2023. Horizon Databook has segmented the Brazil 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.
The abundant availability of raw materials such as palm oil & palm kernel oil coupled with huge captive consumption has been motivating the manufacturers in Brazil to increase their capacities. The trend is expected to boost the market growth in the country over the forecast period.
Ongoing product innovation strategies undertaken by major cosmetic companies such as Unilever, Boticário Group, and Natura Cosmetics are expected to result in the sustainable growth of beauty & personal care industry.
In addition, rising consumer preference for natural and environment-friendly lubricants, soaps, and detergents is expected to drive the demand for Oleochemicals in the country. Furthermore, oleochemicals manufacturers such as Baerlocher GmbH and Oxiteno are significant contributors to the Brazilian market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil oleochemicals market , including forecasts for subscribers. This country databook contains high-level insights into Brazil oleochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil oleochemicals market size, by product, 2018-2030 (US$M)
Brazil Oleochemicals Market Outlook Share, 2023 & 2030 (US$M)
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