Market revenue in 2023 | USD 22.8 million |
Market revenue in 2030 | USD 31.9 million |
Growth rate | 5% (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 29.39% in 2023. Horizon Databook has segmented the Malaysia 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 as the demand for personal care & cosmetic products is increasing due to rising awareness about personal care and hygiene among the young and older generations. This has led to a rise in sales, and to cater to this need, major players are stepping up the business in Malaysia.
For instance, in December 2023, Sa International is planning to expand its stores in Indonesia and Malaysia to grow its presence in Southeast Asia. The personal care and cosmetic market in Malaysia has seen a rise in sales in both the online and offline markets post-pandemic. According to the company’s market study, it is observed strong demand for fragrance and make-up products.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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