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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
The Regional Outlook for Latin America Oleochemicals Market
In the Latin American market of oleochemicals, Brazil and Argentina hold the most significant share. This can be attributed to the thriving population and increasing demand for sustainable and biodegradable products.
Surfactants made of oleochemicals instead of petrochemicals are rising in demand. The petrochemicals are becoming costly and are non-renewable. Oleochemicals are being used as a replacement for petrochemicals as they are sustainable and renewable.
Latin America Oleochemicals Market Report Snapshots
Latin America Oleochemicals Market Size
Latin America Oleochemicals Market Trends
Latin America Oleochemicals Market Analysis
Latin America Oleochemicals Companies
Latin America Oleochemicals Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2021, the market for oleochemicals attained a size of nearly USD 735.37.
The market is expected to expand at a CAGR of 3.9% in 2024 and 2032.
The market forecast report has estimated a steady growth of the market to reach a value of USD 950.73 by 2027.
The increasing demand for oleochemicals for personal care products and the low cost of raw materials are the key driving factors in the market.
The major trends followed in the market are the rising environmental awareness among people and the flourishing green chemical market aided by the increasing awareness.
The major regions for oleochemicals in Latin America are Brazil, Mexico, Argentina, and Colombia, among others.
The types in the market include fatty acid, fatty alcohol, glycerine, and ester, among others.
The market includes two forms of oleochemicals solid and liquid.
The different end-uses include in the market include household detergents, personal care, institutional and industrial cleaners, agricultural chemicals, food processing, oilfield chemicals, paints and coatings, plastics, and textile, among others.
The major players in the industry include CREMER OLEO GmbH & Co. KG, Vantage Specialty Chemicals, Baerlocher GmbH, Materia Hnos. S.A.C.I.F., and Evonik Industries AG, among others.
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