Market revenue in 2023 | USD 80.9 million |
Market revenue in 2030 | USD 102.1 million |
Growth rate | 3.4% (CAGR from 2023 to 2030) |
Largest segment | Beef fat |
Fastest growing segment | Fish 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 |
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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 27.94% in 2023. Horizon Databook has segmented the Latin America 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 due to the rise in demand for personal care cosmetics, processed foods, and pure and eco-friendly products that are effective in performance and quality. The key major players operating in the region include BASF SE and Ecogreens Oleochemicals Pte. Ltd, and Croda International Plc, among others.
The market is driven by an increase in the use of personal care products. In August 2021, Essity announced the completion of the acquisition of shares in Familia S.A. The Swedish company acquired 45% of shares in Colombia’s Familia S.A. This move has helped Essity to own 95.8% of Familia S.A. The deal was completed for USD 1,540 million. This allows the company to establish its strong foothold in Latin America.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America oleyl alcohol market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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