China Oleyl Alcohol Market Size & Outlook, 2023-2030
China oleyl alcohol market, 2018-2030 (US$M)
Related Markets
China oleyl alcohol market highlights
- The China oleyl alcohol market generated a revenue of USD 68.4 million in 2023 and is expected to reach USD 96.7 million by 2030.
- The China market is expected to grow at a CAGR of 5.1% 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.
Oleyl alcohol market data book summary
| Market revenue in 2023 | USD 68.4 million |
| Market revenue in 2030 | USD 96.7 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Beef fat |
| Fastest growing segment | Olive Oil |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 6.7% of the global oleyl alcohol market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China oleyl alcohol market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 92.9 million by 2030.
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Oleyl Alcohol Market Scope
Oleyl Alcohol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 30.85% in 2023. Horizon Databook has segmented the China oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
Consumers in China are becoming more aware of using cosmetic products to improve their skin condition. This is due to their increasing concerns for beauty and changing lifestyles, which has led to a rise in demand for cosmetic products.
Consumers prefer products with natural, clean-label ingredients and herbal beauty components for overall health and skin benefits. For instance, in May 2021, Qingdao Baheal Medical, Inc. launched China's first commercialization platform for functional cosmetics.
The platform aims to help brands enter the market while adhering to medical standards and improving consumer experience. For instance, in September 2022, BASF SE has recently introduced a new range of skincare products named Phytocine.
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Our clientele includes a mix of oleyl alcohol market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the China oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into China oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China oleyl alcohol market size, by source, 2018-2030 (US$M)
China Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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