Market revenue in 2023 | USD 669.2 million |
Market revenue in 2030 | USD 1,081.3 million |
Growth rate | 7.1% (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 |
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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 35.51% in 2023. Horizon Databook has segmented the Canada 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.
Oleochemicals market growth in Canada can be attributed to growing demand for natural and biobased products from several end use applications such as personal care & cosmetics, textiles, food processing pharmaceuticals etc.
Also, the product is being utilized as an alternative to petrochemicals due to the rising crude oil prices which is expected to favorably influence the market growth in the country over the forecast period.
Moreover, the country is one of the major producers as well as exporter for rapeseed which is one of the major raw materials for the production of specialty oleo chemicals.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada oleochemicals market , including forecasts for subscribers. This country databook contains high-level insights into Canada oleochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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