Singapore Oleyl Alcohol Market Size & Outlook, 2023-2030
Singapore oleyl alcohol market, 2018-2030 (US$M)
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Singapore oleyl alcohol market highlights
- The Singapore oleyl alcohol market generated a revenue of USD 28.6 million in 2023 and is expected to reach USD 39.1 million by 2030.
- The Singapore market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, beef fat was the largest revenue generating source in 2023.
- Olive Oil is the most lucrative source segment registering the fastest growth during the forecast period.
Oleyl alcohol market data book summary
| Market revenue in 2023 | USD 28.6 million |
| Market revenue in 2030 | USD 39.1 million |
| Growth rate | 4.6% (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 |
Other key industry trends
- In terms of revenue, Singapore accounted for 2.8% of the global oleyl alcohol market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China oleyl alcohol market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 92.9 million by 2030.
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Oleyl Alcohol Market Scope
Oleyl Alcohol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Singapore oleyl alcohol market outlook
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 27.97% in 2023. Horizon Databook has segmented the Singapore oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in demand for drug discovery in the medical field has led to a high demand for oleyl alcohol, which is one of the raw materials used in the production of drugs. This has opened the opportunity for market players to expand their capacity and improve their supply chain to meet the rise in demand.
For instance, in July 2023, Avantor inaugurated its expanded Singapore hub which includes a worldclass laboratory and a newly added cGMP manufacturing facility. This hub will act as a one-stop facility for serving the needs of customers in Asia, the Middle East, and Africa regions. This hub will enable the company to deliver the required raw materials for drug discovery in a quicker timeline.
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Target buyers of Singapore oleyl alcohol market databook
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Our clientele includes a mix of oleyl alcohol market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Singapore oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into Singapore oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore oleyl alcohol market size, by source, 2018-2030 (US$M)
Singapore Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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