South Africa Oleyl Alcohol Market Size & Outlook
South Africa oleyl alcohol market, 2018-2030 (US$M)
Related Markets
South Africa oleyl alcohol market highlights
- The South Africa oleyl alcohol market generated a revenue of USD 10.0 million in 2023 and is expected to reach USD 11.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 2.2% from 2024 to 2030.
- In terms of segment, fish oil was the largest revenue generating source in 2023.
- Fish 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 10.0 million |
| Market revenue in 2030 | USD 11.7 million |
| Growth rate | 2.2% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| Fastest growing segment | Fish 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, South Africa accounted for 1.0% 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 Middle East & Africa, Saudi Arabia oleyl alcohol market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 13.1 million by 2030.
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Oleyl Alcohol Market Scope
Oleyl Alcohol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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.
Fish oil was the largest segment with a revenue share of 29% in 2023. Horizon Databook has segmented the South Africa oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for oleyl alcohol has increased in the region due to rising demand for skincare, personal care, and hygiene products. This is due to the increased awareness among the young as well as older customers.
This has allowed market players to introduce new products in the region to capture the growing market. For instance, in May 2023, Bayer launched a new skincare line in South Africa called Bepanthen DERMA. This product is specifically designed for consumers with dry and sensitive skin. The line includes a replenishing daily body lotion, gentle daily wash gel, and restoring daily body lotion.
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Our clientele includes a mix of oleyl alcohol market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into South Africa oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa oleyl alcohol market size, by source, 2018-2030 (US$M)
South Africa Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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