Market revenue in 2023 | USD 101.4 million |
Market revenue in 2030 | USD 136.2 million |
Growth rate | 4.3% (CAGR from 2023 to 2030) |
Largest segment | Fish oil |
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.
Fish oil was the largest segment with a revenue share of 38.26% in 2023. Horizon Databook has segmented the U.S. oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S., personal care, and pharmaceutical industries consume a major chunk of market along with applications in cleaning and laundry products. The rising environmental awareness among consumers in the U.S. is driving the demand for bio-based surfactants, which have a lower environmental impact.
The prominent manufacturers of bio-based surfactants in the U.S. are increasing their production capacities to cater to the rising global demand. For instance, in June 2023, BASF SE announced the expansion of its biodegradable and bio-based surfactants plant in Cincinnati, Ohio. The site produces surfactants for detergents, personal care, and agricultural applications.
Major pharmaceutical companies in the U.S., such as Johnson & Johnson, Merck & Co. Inc., Pfizer Inc., and Eli Lilly and Co., utilize oleyl alcohol as an excipient in drug delivery systems and pharmaceutical formulations.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into U.S. oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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