Germany Oleochemicals Market Size & Outlook, 2023-2030
Germany oleochemicals market, 2018-2030 (US$M)
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Germany oleochemicals market highlights
- The Germany oleochemicals market generated a revenue of USD 1,192.1 million in 2023 and is expected to reach USD 1,916.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 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 1,192.1 million |
| Market revenue in 2030 | USD 1,916.0 million |
| Growth rate | 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, Germany accounted for 4.9% 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 Europe, Germany oleochemicals market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,916.0 million by 2030.
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Oleochemicals Market Scope
Oleochemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 33.34% in 2023. Horizon Databook has segmented the Germany 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.
In Germany, there are relatively a smaller number of specialties oleochemical manufacturing plants. However, the demand from the industries such as soap, cleaning products, and cosmetics & personal care products is expected to foster the market growth in the country.
Increasing cleaning products industry is expected to enhance the product demand, as it includes surfactants and wetting agents, which can be produced from oleochemical sources.
Companies such as Procter and Gamble, a manufacturer of cleaning products in Europe majorly use Oleochemicals which are imported from Malaysia and Indonesia.
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Our clientele includes a mix of oleochemicals market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany oleochemicals market , including forecasts for subscribers. This country databook contains high-level insights into Germany oleochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany oleochemicals market size, by product, 2018-2030 (US$M)
Germany Oleochemicals Market Outlook Share, 2023 & 2030 (US$M)
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