Market revenue in 2023 | USD 29.6 million |
Market revenue in 2030 | USD 41.8 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 |
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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 28.38% in 2023. Horizon Databook has segmented the Indonesia oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The oleyl alcohol market is expected to grow in the country owing to the rising demand for oleyl Alcohol, which, in turn, is expected to prompt some major players to expand their production capacities to meet the growing product demand.
For instance, in October 2023, Ecogreens Oleochemicals Ltd. announced the expansion of its fatty alcohol facility in Batam, Indonesia, by 180,000 tons annually. This strategic decision is expected to elevate Ecogreen Oleochemicals Ltd.’s fatty alcohol production capability to an impressive 360,000 tons yearly, doubling its prior capacity.
Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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