The global Oleic Acid market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of XX% throughout the estimate period from 2020 to 2027.
A proposed medicament has emerged as a solution to stop the spread of COVID-19 (coronavirus). Scientists and researchers are conducting a systematic review of a mixture of oleic acids extracted from cows and plants that can be fabricated to develop COVID-19 tablets and syrups. Interesting analogies of fatty acids in soap are being correlated with oleic acids, which are also a form of naturally occurring fatty acids. Since soap is a mixture of fatty acids used in cleaning and washing applications, manufacturers in the oleic acid market are capitalizing on the research on oleic acid tablets and syrups that hold promising potentials in curing the COVID-19 infection. Researchers are focused on acquiring oleic acids from cows and sheep grass-fed tallow and augment its medicinal uses in the form of tablets and syrups for curing the infection.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Oleic Acid market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Oleic Acid market growth.
The global Oleic Acid market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Wilmar International Limited, Emery Oleochemicals (M) Sdn Bhd., Oleon NV, Klk Oleo Sdn. Bhd., Godrej Industries (Chemicals), and VVF L.L.C
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Based on origin, the global oleic acid market can be bifurcated into plant and animal. Of late, the demand for plant-based oleic acid has been rising globally. This trend is likely to continue during the forecast period.
The global oleic acid market faces the threat of internal substitution of tallow or animal-based products by plant-based variants. Enhanced performance characteristics of plant-based products, rise in trend of veganism, and increase in consumption of vegetarian products are projected to drive the demand for plant-based oleic acid in the near future.
Based on end use, the global oleic acid market can be classified food & beverages, textiles & leather, cosmetics & personal care, pharmaceuticals, chemical Intermediates, automotive, paints & coatings, and others
Demand for natural personal care products has been rising in North America. Manufacturers are looking for techniques to produce personal care products from natural sources. The cosmetics & personal care segment is estimated to offer significant growth potential for the oleic acid market by 2030.
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
North America
? U.S.
? Canada
Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
Central & South America
? Brazil
? Argentina
? Rest of Central & South America
Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA
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