Italy Oleochemicals Market Size & Outlook, 2023-2030
Italy oleochemicals market, 2018-2030 (US$M)
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Italy oleochemicals market highlights
- The Italy oleochemicals market generated a revenue of USD 817.5 million in 2023 and is expected to reach USD 1,269.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.5% 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 817.5 million |
| Market revenue in 2030 | USD 1,269.1 million |
| Growth rate | 6.5% (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, Italy accounted for 3.3% 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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Italy 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 34.28% in 2023. Horizon Databook has segmented the Italy 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 Italy, the growing demand for Oleochemicals is attributed by the rising demand from the pharmaceutical industry. The country is one of the leading producers of pharmaceuticals in the European region.
It consists of a large number of domestic and multinational players engaged in manufacturing products including cancer treatment products, antibiotics, a variety of over-the-counter medicines, vaccines, and other products.
The country’s pharmaceutical sector invests heavily in research and development activities regarding the development of medicines. These oleochemicals are mainly used as pharmaceuticals excipient for formulation various products.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy oleochemicals market , including forecasts for subscribers. This country databook contains high-level insights into Italy oleochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy oleochemicals market size, by product, 2018-2030 (US$M)
Italy Oleochemicals Market Outlook Share, 2023 & 2030 (US$M)
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