Global Oleochemicals Market Size, Share, Opportunities, And Trends By Product (Fatty Acids, Emulsifiers And Solubilizers, Fatty Alcohol, Others), By Application (Cosmetics And Personal Care, Food And Beverage, Paper, Others), And By Geography - Forecasts From 2025 To 2030

The global oleochemicals market is estimated at US$30.278 billion in 2025 and is anticipated to grow at a CAGR of 5.92% during the forecast period and reach US$40.385 billion in 2030.

Oleochemicals are derived from natural raw materials based on plant sources or animal fat. These chemicals are biodegradable and exhibit low toxicity, hence they are considered to be environment-friendly. These products are natural, green, organic, safe, renewable, and biodegradable, increasing their demand among consumers worldwide. The growing environmental sustainability concern is pressurizing firms across different industries, such as cosmetics, plastics, and food and beverage, to use biodegradable ingredients. This, in turn, is driving the demand for Oleochemicals for various applications. The increasing consumption of renewable, sustainable, and bio-based chemicals in industries such as personal care & cosmetics, food & beverages, pharmaceuticals, and other sectors will fuel the market growth.

In addition, the shifting preferences of consumers for eco-friendly products due to the increasing awareness regarding environmental concerns will boost product demand during the forecast period. Moreover, oleochemicals are largely being used as fatty acids for producing products like soaps, detergents, surfactants, lubricants, and pharmaceuticals, further strengthening the market growth. Positive government policies and initiatives are being created to promote bio-based chemicals, aiming to utilize renewable biomass feedstock to reduce dependence on fossil fuels and stimulate the global oleochemicals market growth.

What are the global oleochemicals market drivers?

• The constant surge in the demand for organic cosmetics, such as organic haircare, skincare, and other cosmetics, globally will drive the market growth during the forecast period. Consumers worldwide are increasingly becoming aware of the environmental damage which is shifting their focus towards organic cosmetics. The surge in consumer demand is prompting the market giants to largely include organic cosmetics in their product range, further bolstering the demand for oleochemicals during this period.
• Another major reason boosting the oleochemicals market is favorable government policies targeting renewable sources. For instance, according to the Renewable Fuel Standard (RFS) Program by the government of the United States, a target was set that 36 billion gallons of renewable fuel must be blended into domestic transportation fuel every year. Additionally, a certain percentage of renewable fuel must be advanced biodiesel, including the one derived from renewable biomass. Hence, the increasing demand for sustainable alternatives apart from petroleum-based alternatives is anticipated to drive the demand for oleochemicals in the projected period.  
• The oleochemicals market is also growing in the forecasted period due to the surge in implementing stringent government rules and regulations for sustainability. These stringent rules are encouraging people to adopt the use of sustainable and clean products apart from traditional petroleum-based products. With such properties, oleochemicals help countries reach their sustainability goals. Various countries such as the United States, China, and India have set some sustainability goals for the future.

For instance, according to the European Commission, sustainability development is at the core of the Treaty on the European Union. It is one of the main objectives of the EU’s external and internal policies. The United Nations 30 includes 17 Sustainable Development Goals (SDGs), which the EU plans on implementing. Hence, the increasing demand for sustainable, renewable, and naturally derived materials is anticipated to propel the market for oleochemicals in the forecasted period.

• Additionally, oleochemicals also have an application in producing bio-based lubricants, surfactants, and plastics, providing sectors like the automotive industry, the cosmetics industry, and detergents with less dependence on petrochemicals. As oleochemicals rely on renewable resources for their production, carbon emissions to the environment are reduced, thus playing a role in turning away from fossil resource provision.

Segment analysis of the global oleochemicals market:

• By product, the fatty acid segment is expected to hold a significant share of the global oleochemicals market.

In the oleochemicals market, the product is segmented into fatty acids, emulsifiers and solubilizers, fatty alcohols, and others. The fatty acid segment is anticipated to hold significant market share in the coming years, owing to the increased demand for fatty acid from various end-use industries such as personal care and cosmetics, food and beverages, and pharmaceuticals, among others. Moreover, these fatty acids have versatile properties that can be applied to produce multiple oleochemical derivatives. Fatty acids can be tailored for multiple industrial applications depending on the functional groups, degree of saturation, and chain of length.

• By application, the cosmetics and personal care segment is expected to hold a significant share of the global oleochemicals market.

The cosmetic and personal care segment is expected to hold a substantial market share in the forecasted period, as oleochemicals have properties like biodegradability and natural origin, which makes them ideal for use in the sector. Additionally, oleochemicals have surfactants that can be used as cleansing agents in body washes, facewashes, and shampoos, making them ideal for application in cosmetics and personal care.  

• The North American region is anticipated to hold a significant share in the coming years.

The North American region is anticipated to hold a significant market share in the coming years, owing to rising consumer awareness about the products they are using.

Additionally, the rising trend for veganism, where people prefer using plant-based products, is expected to fuel the market growth in the projected period.

Key developments in the global oleochemicals market:

• In May 2024, Lehmann&Voss&Co. partnered with Emery Oleochemicals, giving LEHVOSS Functional Fluids the exclusive right to distribute Emery Oleochemicals products through Europe.
• In June 2023, Apical Oleochemical (Taixing) Co., Ltd. celebrated the completion of the initial phase of building its Oleochemical Industry Integration Project in Taixing, Jiangsu, the largest of its kind in China.
• In June 2023, Olen opened Europe’s one of the most innovative oleochemistry plants in Oelegem, near Antwerp. This will give the company an edge in greatly reducing carbon dioxide emissions from the production of enzymatic ester for cosmetic industries and the food sector.

Global Oleochemicals Market Scope:

Report Metric	Details
Global Oleochemicals Market Size in 2025	US$30.278 billion
Global Oleochemicals Market Size in 2030	US$40.385 billion
Growth Rate	CAGR of 5.92%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2025
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Product Application Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Global Oleochemicals Market	BASF SE Evonik Industries AG Evyap Oleo Emery oleochemicals Godrej Industries Limited
Customization Scope	Free report customization with purchase

 

The Oleochemicals market is analyzed into the following segments:

• By Product:
  • Fatty Acids
  • Emulsifiers and Solubilizes
  • Fatty Alcohol
  • Others
• By Application:
  • Cosmetics and Personal Care
  • Food and Beverage
  • Paper
  • Others
• By Geography:
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits for the Stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Supplier

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL OLEOCHEMICALS MARKET BY PRODUCT 

5.1. Introduction

5.2. Fatty Acids

5.3. Emulsifiers and Solubilizes

5.4. Fatty Alcohol

5.5. Others 

6. GLOBAL OLEOCHEMICALS MARKET BY APPLICATION

6.1. Introduction

6.2. Cosmetics and Personal Care

6.3. Food and Beverage

6.4. Paper

6.5. Others 

7. GLOBAL OLEOCHEMICALS MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. UK

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Others

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. Israel

7.5.3. Others 

7.6. Asia Pacific

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1.  BASF SE

9.2. Evonik Industries AG

9.3. Evyap Oleo

9.4. Emery oleochemicals

9.5. Godrej Industries Limited

9.6. Ecogreen Oleochemicals

9.7. Oleon NV

9.8. Kao Corporation

9.9. Croda International Plc  

9.10. IOI Oleochemical

BASF SE

Evonik Industries AG

Evyap Oleo

Emery oleochemicals

Godrej Industries Limited

Ecogreen Oleochemicals

Oleon NV

Kao Corporation

Croda International Plc  

IOI Oleochemical