Global Oleochemicals Market Analysis, 2020

According to MarkNtel Advisors’ research report titled “Global Oleochemicals Market Analysis, 2020”, the Oleochemicals market is projected to register a CAGR of around 5% during 2020-25. Asia-Pacific region acquired a considerable market share in the Global Oleochemicals market in 2019. The consumption of oleochemicals in the APAC region is increasing as these chemicals are majorly utilized for surfactant manufacturing, which is further use in various end-user industries such as cosmetics, lubricant, and personal care. Thus, the expansion of end-user industries in the region is strongly contributing to the market growth of oleochemicals in the coming years.

Global Oleochemicals Market Analysis, 2020