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Global Oleochemicals Market Outlook 2020 by Technology Development, Research Study, Growth Factors, Statistics, Forecast

The global oleochemicals market is forecast to reach USD 35.87 Billion by 2027, according to a new report by Reports and Data.

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Global Oleochemicals Market Outlook 2020 by Technology Development, Research Study, Growth Factors, Statistics, Forecast

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  1. Oleochemicals Market To Reach USD 35.87 Billion By 2027 www.reportsanddata.com

  2. Market Summary The global oleochemicals market is forecast to reach USD 35.87 Billion by 2027, according to a new report by Reports and Data. Rapid growth in the production of kernel oil and palm oil is one of the significant factors in oleochemicals market growth. Reliable, efficient, and cost-effective oleochemical plants are ready to cater to incrementing demands. There is a rise in the acceptance of bio-based lubricants and they are replacing the traditional and synthetic lubricants, which in turn is improving the efficiency of vehicles. Waste vegetable oils as a low-cost, sustainable, and low-toxicity feedstock are garnering more interests for the production of oleochemicals, which are ideal substitutes for petroleum-based chemicals widely prevalent in the petroleum industry. The compounds resulting from transesterification-epoxidation-sulfonation of waste vegetable oils have great potential as bio-based surface-active agents with extensive application in the petroleum industry. The oleo-surfactant from vegetable oils is gaining attention as an alternative to the costlier and non-biodegradable petrochemical-based surfactants currently in use. Read More: https://www.reportsanddata.com/report-detail/oleochemicals-market www.reportsanddata.com

  3. Market Summary Key participants include BASF SE, Wilmar International Ltd., Godrej Industries, Eastman Chemical Company, Evonik Industries, P&G Chemicals, Arizona Chemical Company LLC, Emery Oleochemicals Group, Cargill Incorporated, and Emery Oleochemicals Group, among others. Raw Material Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) Natural, Synthetic Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) Fatty Acid, Fatty Alcohol, Glycerin, Others Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) Food and Beverage, Pharmaceutical and Personal Care, Soaps and Detergents, Polymers, Others www.reportsanddata.com

  4. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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