Sweden Oleochemicals Market Size & Outlook, 2023-2030
Sweden oleochemicals market, 2018-2030 (US$M)
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Sweden oleochemicals market highlights
- The Sweden oleochemicals market generated a revenue of USD 130.3 million in 2023 and is expected to reach USD 188.9 million by 2030.
- The Sweden market is expected to grow at a CAGR of 5.4% 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 130.3 million |
| Market revenue in 2030 | USD 188.9 million |
| Growth rate | 5.4% (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, Sweden accounted for 0.5% 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 |
|---|
Sweden 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 34.15% in 2023. Horizon Databook has segmented the Sweden 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.
According to the Swedish Trade & Invest Council, Sweden is expected to grow in terms of bio based raw materials consumption in near future. Strategic innovation project- Establish locally grown textiles in Sweden is one such project that is aimed at replacing fossil-based textiles to bio-based textiles.
Therefore, it is expected that the Oleochemicals market would grow at a steady pace in Sweden over the forecast period. AAK AB is a global manufacturer specializing in vegetable oils and fats, headquartered in Malmö, Sweden.
In collaborations with its customers, the company provides solutions to cosmetics, confectionery and food industries. AAK AB is also a member of APAG – European Oleochemicals and Allied Products Group which is a specialty chemicals sector of CEFIC.
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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 Sweden oleochemicals market , including forecasts for subscribers. This country databook contains high-level insights into Sweden oleochemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden oleochemicals market size, by product, 2018-2030 (US$M)
Sweden Oleochemicals Market Outlook Share, 2023 & 2030 (US$M)
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