Europe Oleyl Alcohol Market Size & Outlook, 2023-2030
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Europe oleyl alcohol market highlights
- The Europe oleyl alcohol market generated a revenue of USD 295.4 million in 2023.
- The market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, fish oil 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 295.4 million |
| Market revenue in 2030 | USD 386.6 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| 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, Europe region accounted for 29.0% 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 |
|---|---|---|---|---|
| Stepan Co | View profile | 2453 | 1101 Skokie Boulevard, Suite 500, Northbrook, IL, United States, 60062 | https://www.stepan.com |
| EcoGroup | View profile | - | Pinheiral, Rio de Janeiro, Brazil, South America | https://www.ecotronicbr.com/ |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Sasol Ltd | View profile | 29073 | 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, South Africa, 2196 | https://www.sasol.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| Procter & Gamble Co | View profile | 107000 | One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 | https://www.pginvestor.com |
Europe 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.
Fish oil was the largest segment with a revenue share of 33.24% in 2023. Horizon Databook has segmented the Europe oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The European oleyl alcohol market is influenced by various trends and factors, with applications spanning the personal care, pharmaceutical, and industrial sectors. In the personal care sector, oleyl alcohol is an essential ingredient in skincare, hair care, and cosmetic formulations, where it functions as an emollient, emulsifier, and thickening agent.
According to EuroDev Group, Europe is a flagship personal care & cosmetics market. In 2023, the personal care & cosmetics market reached USD 131.08 billion and is anticipated to grow at a high CAGR of 2.06% year-on-year till 2027.
Major cosmetic markets in Europe are Germany, France, and the UK. The significant reasons for the growth in cosmetics industry is the shift with young customers entering the market, the adoption of e-commerce, and the use of social media platforms like TikTok, YouTube, Instagram, and Meta, among others. These trends are proven to have lasting effects on the behavior of the young people, reflecting an increase in demand for beauty products.
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Target buyers of Europe 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe oleyl alcohol market , including forecasts for subscribers. This continent databook contains high-level insights into Europe oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe oleyl alcohol market size, by country, 2018-2030 (US$M)
Europe Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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