Oleyl oleate is a wax ester obtained by formal condensation of the oleyl alcohol and oleic acid. It is light yellow to amber oily liquid with mild characteristic odor. It is a non-oil type and an effective emollient, mainly used in cosmetic formulations for greaseless skin creams, lotions and lipsticks. It is used for softness, and skin and hair preparations also used for binding and pigment dispersion in colour cosmetics applications. Oleyl oleate has various applications in food and beverages and pharmaceuticals industry.
Market Analysis and Insights: Global Oleyl Oleate Market
Due to the COVID-19 pandemic, the global Oleyl Oleate market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Food Grade accounting for % of the Oleyl Oleate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Food and Beverages segment is altered to an % CAGR throughout this forecast period.
Asia Pacific and Latin America are among the emerging clusters of the globe, which are anticipated to witness an above average CAGR over the forecast period. However, the global oleyl oleate market is expected to witness a steady growth by the end of 2025. Demand for oleyl oleate is currently growing due to rapidly increasing industrialization globally. Increasing demand for oleyl oleate from the developing countries is also anticipated to witness a high growth in the global oleyl oleate market during the forecast period. Furthermore, the Middle East and Africa is also anticipated to witness a steady growth in global oleyl oleate market due to growing personal care industry in the region.
Global Oleyl Oleate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Oleyl Oleate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Food Grade
Pharmaceutical Grade
Others
Segment by Application
Food and Beverages
Personal Care
Pharmaceuticals
Others
By Company
Lubrizol
Sigma-Aldrich
Gentcare Natural Ingredients
Hubei Weidun Biotech
JHD Fine Chemicals
Tianmen Chengxin
Xiamen Hisunny
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina