Outlook on the Oleate Esters Global Market to 2027 – Impact Analysis of COVID-19 – ResearchAndMarkets.com
February 15, 2021 (Global News Distribution) -
The “Oleate Esters – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
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The publisher brings years of research experience to the 8th edition of this report. The 284-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Oleate Esters Market to Reach $2 Billion by 2027
Amid the COVID-19 crisis, the global market for Oleate Esters estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 3.3% over the analysis period 2020-2027.
Methyl Oleate, one of the segments analyzed in the report, is projected to record a 3% CAGR and reach US$527.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ethyl Oleate segment is readjusted to a revised 3.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $439 Million, While China is Forecast to Grow at 6% CAGR
The Oleate Esters market in the U.S. is estimated at US$439 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$418.1 Million by the year 2027 trailing a CAGR of 5.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.
Butyl Oleate Segment to Record 3.4% CAGR
In the global Butyl Oleate segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$158.8 Million in the year 2020 will reach a projected size of US$193.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$284.2 Million by the year 2027, while Latin America will expand at a 4.2% CAGR through the analysis period.
Competitors identified in this market include, among others:
- Acme Synthetic Chemicals
- CHS Endustriyel Urunler San. Tic. A. S.
- Ecogreen Oleochemicals (Singapore) Pte., Ltd.
- Hebei Jingu Plasticizer Co., Ltd.
- Italmatch Chemicals SpA
- Kao Corporation
- Kowa India Pvt. Ltd.
- Kuala Lumpur Kepong Berhad
- Procter & Gamble Company, The
- Victorian Chemical Company Pty., Ltd.
- Wilmar International Ltd.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Oleate Esters Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 38
For more information about this report visit https://www.researchandmarkets.com/r/fcesvq
Laura Wood, Senior Press Manager
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