Market revenue in 2023 | USD 64.5 million |
Market revenue in 2030 | USD 92.9 million |
Growth rate | 5.4% (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 |
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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 31.32% in 2023. Horizon Databook has segmented the India oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness among consumers about personal appearance and well-being is expected to drive consumers toward investing in quality beauty products. Oleyl alcohol is used as a raw material in the manufacturing of cosmetic, personal hygiene and fragrance products.
As the demand for the personal care and cosmetic product is increasing, the demand for oleyl alcohol is also expected to increase, this gives the opportunity for global players to enter the Indian market. For instance, in November 2023, Sephora partnered with Reliance Beauty and Personal Care Ltd. to give the latter exclusive rights to build and grow Sephora’s presence in India across physical and ecommerce channels.
This will result into rise in the sales of personal care & cosmetic products in the region, leading to a rise in production of the products. This will in return lead to rise in demand for raw materials used for the production mainly oleyl alcohol.
Horizon Databook provides a detailed overview of country-level data and insights on the India oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into India oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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