Oleochemical (C12-C14 fatty acid & alcohols)
Regions Covered
Asia
North America
Regions Covered
Asia
North America
Global oleochemical market is expected to grow at a CAGR of more than 6%. Asian supplies palm or coconut based fatty acids and alcohols, which accounts for 80% of the global production. Supply has increased with the increase in capacity expansions in Southeast Asia. US market depends on tallow and is undersupplied. This trend is expected to continue for the next two years, with demand for tallow increasing from various end-use industries. C12-C14/15 demand for witnesses steady trend from downstream segments. C12-C14/15 category is mainly driven by feedstock availability (PKO, CNO and Tallow) over demand
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