Taiwan Oleyl Alcohol Market Size & Outlook, 2023-2030
Taiwan oleyl alcohol market, 2018-2030 (US$M)
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Taiwan oleyl alcohol market highlights
- The Taiwan oleyl alcohol market generated a revenue of USD 28.6 million in 2023 and is expected to reach USD 37.8 million by 2030.
- The Taiwan market is expected to grow at a CAGR of 4.1% 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 37.8 million |
| Growth rate | 4.1% (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, Taiwan 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 |
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Taiwan 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 25.87% in 2023. Horizon Databook has segmented the Taiwan 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 is growing as it is one of the primary raw materials used in the manufacture of personal care, hygiene, and cosmetic products. It is also used as an additive in food & beverage industry. This growing demand of food and beverage industry has supported market expansion in the region.
For instance, in September 2021, Bluebell Group expanded its beauty category in Taiwan by partnering with the Greek natural brand, KORRES. The partnership was launched by opening KORRES's first store at the Zhongxiao Sogo department store in Taipei. A few days later, a second counter was opened at Mitsukoshi A11 Xinyi Place in Taipei along with its local e-commerce store.
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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 Taiwan oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into Taiwan oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Taiwan oleyl alcohol market size, by source, 2018-2030 (US$M)
Taiwan Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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