Market revenue in 2023 | USD 217.2 million |
Market revenue in 2030 | USD 292.8 million |
Growth rate | 4.4% (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 |
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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.
Fish oil was the largest segment with a revenue share of 37.66% in 2023. Horizon Databook has segmented the North America oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
North America is a major region for the oleyl alcohol market due to the presence of large-scale end-use industries in the region. These industries, including personal care & cosmetics, food & beverages, and textiles, are the major consumers of oleyl alcohol in North America.
According to the Association of the Nonwoven Fabrics Industry (INDA), the capacity of nonwoven fabrics in North America increased by 2.4% in 2022 to reach 5.565 tons, indicating a growth in textiles production in the continent.
This positively impacts the oleyl alcohol market as oleyl alcohol is used for softening and lubrication purposes in the textiles industry. The U.S. Food and Drug Administration (FDA) has approved the use of oleyl alcohol as a multipurpose additive for indirect addition in food products.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America oleyl alcohol market , including forecasts for subscribers. This continent databook contains high-level insights into North America oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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