Asia Pacific Oleyl Alcohol Market Size & Outlook
Asia Pacific oleyl alcohol market, 2018-2030 (US$M)
Related Markets
Asia Pacific oleyl alcohol market highlights
- The Asia Pacific oleyl alcohol market generated a revenue of USD 395.3 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, beef fat was the largest revenue generating source in 2023.
- Olive Oil is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 395.3 million |
| Market revenue in 2030 | USD 541.7 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Beef fat |
| Fastest growing segment | Olive Oil |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beef Fat, Fish Oil, Olive Oil |
| Key market players worldwide | Akzo Nobel NV, EcoGroup, Procter & Gamble Co, Croda International PLC, Stepan Co, Sasol Ltd, The Lubrizol Corp, Henkel AG & Co KGaA, Ashland Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 38.8% of the global oleyl alcohol market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 541.7 million by 2030.
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Oleyl Alcohol Market Scope
Oleyl Alcohol Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific oleyl alcohol 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 oleyl alcohol market will help companies and investors design strategic landscapes.
Beef fat was the largest segment with a revenue share of 29.07% in 2023. Horizon Databook has segmented the Asia Pacific oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific oleyl alcohol market is growing due to the rising demand in the region's textile industry. As oleyl alcohol is used in textile industry, the demand for the same is rising. This has resulted in global players investing in the region in order to establish a strong foothold and to meet customer demand.
For instance, in May 2022, Texhong, a cotton-based yarn business, plans to establish a facility in Vietnam to increase its fabric production. This strategic move is expected to expand Texhong's capacity and geographic presence, allowing the company to manufacture 40% of its output in the South Asian nations.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific oleyl alcohol market databook
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Our clientele includes a mix of oleyl alcohol market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific oleyl alcohol market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific oleyl alcohol market size, by country, 2018-2030 (US$M)
Asia Pacific Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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