Jun 30, 2022   SOURCE: BusinessWire

Global Oleate Esters Market Analysis Report 2022: Market to Reach $2.1 Billion by 2026 - Ethyl Oleate & Lubricant Segments Dominate - ResearchAndMarkets.com

The "Oleate Esters - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Oleate Esters Market to Reach $2.1 Billion by 2026

Amid the COVID-19 crisis, the global market for Oleate Esters estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2026, growing at a CAGR of 4.9% over the analysis period.

Ethyl Oleate, one of the segments analyzed in the report, is projected to grow at a 5.5% CAGR to reach US$1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Methyl Oleate segment is readjusted to a revised 4.8% CAGR for the next 7-year period. This segment currently accounts for a 27.5% share of the global Oleate Esters market.

The U.S. Market is Estimated at $436.5 Million in 2021, While China is Forecast to Reach $407.3 Million by 2026

The Oleate Esters market in the U.S. is estimated at US$436.5 Million in the year 2021. The country currently accounts for a 25.86% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$407.3 Million in the year 2026 trailing a CAGR of 6.5% through the analysis period.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR while Rest of European market (as defined in the study) will reach US$436.3 Million by the end of the analysis period.

In Asia-Pacific growth is bolstered by numerous production facilities, easy access to raw materials and increasing investments in R&D activity. The market is receiving a notable contribution from India and China owing to their strong agrochemicals industry coupled with high consumption of fertilizers and pesticides.

The oleate esters market in Middle East & Africa is anticipated to gain from easy access to key raw materials. The region is known for large-scale cultivation of palm plantations that are effective raw materials for production of different types of oleate esters.

The market is also poised to be propelled by strong demand for lubricants owing to expansion of the automotive and aerospace industries. Oleate esters are anticipated to benefit from increasing consumption in cosmetic and personal care sector in the U.S.

Butyl Oleate Segment to Reach $302 Million by 2026

In the global Butyl Oleate segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$178.6 Million in the year 2020 will reach a projected size of US$237.1 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$39.6 Million by the year 2026, while Latin America will expand at a 4.8% CAGR through the analysis period.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Oleate Esters - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Swelling Demand from Key Industries to Stoke Growth of Global Oleate Esters Market
  • Ethyl Oleate & Lubricant Segments Dominate Global Oleate Esters Market
  • Asia-Pacific and the US Captures Major Share, while Asia-Pacific Witnesses Steady Growth Market
  • Competitive Scenario
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS (Total 33 Featured)

  • Acme Synthetic Chemicals
  • BASF SE
  • Cargill Incorporated
  • Cayman Chemical Company
  • Croda International plc
  • Ecogreen Oleochemicals
  • Emery Oleochemicals
  • Kuala Lumpur Kepong Berhad
  • Procter & Gamble
  • The Victorian Chemical Company

3. MARKET TRENDS & DRIVERS

  • Growing Demand for Lubricants Augments Prospects
  • How the Automotive Industry Is Impacted by the Pandemic & What's the New Normal?
  • Environmental Fears Drive the Demand for Oleate Esters in Biolubricants
  • Key Features and Corresponding Benefits of Biolubricants
  • Biodegradability of Select Base Fluids
  • Global Biolubricant Market Set for a Rapid Growth Post COVID-19
  • Manufacturing PMI: An Important Bellwether
  • Sustained Opportunities in the Plasticizers Domain
  • Demand on Rise for Bio-based Plasticizer in PVC Manufacture
  • Agrochemicals: An Established End-Use Sector for Oleate Esters
  • Growing Agricultural Chemicals Market Propels the Demand for Oleate Esters
  • With Population Growing and Demand for Food Rising, the Need to Increase Agriculture Yield Drives Demand for Oleate Esters in Agricultural Chemicals
  • Intense Focus on Increasing Production of Cereals and Grains to Drive Demand for Oleate Esters in Agrochemicals
  • Loss of Arable Land Exerts Immense Pressure on Yields Per Acre
  • Personal Care and Cosmetics Sectors Come Under Tremendous Stress Due to Pandemic
  • Popularity of Natural, Eco-Friendly Ingredients in Personal Care Products Unleashes New Avenues for Oleate Esters
  • Primary Functions of Esters in Personal Care Products
  • Consumer Focus on Sensory Prolife of Personal Care Products Bodes Well for Esters
  • Esters for Enhanced Sensory Experience
  • Increasing Emphasis on Appearance Drives Demand for Oleate Esters in Personal Care Sector
  • Demographic Trends Influence Sales of Oleate Esters in Personal Care Sector
  • Middle Class Population

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/an7d6t