India Oleyl Alcohol Market Size & Outlook, 2023-2030
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India oleyl alcohol market highlights
- The India oleyl alcohol market generated a revenue of USD 64.5 million in 2023 and is expected to reach USD 92.9 million by 2030.
- The India market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, beef fat was the largest revenue generating source in 2023.
- Olive Oil is the most lucrative source segment registering the fastest growth during the forecast period.
Oleyl alcohol market data book summary
| Market revenue in 2023 | USD 64.5 million |
| Market revenue in 2030 | USD 92.9 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Beef fat |
| Fastest growing segment | Olive Oil |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beef Fat, Fish Oil, Olive Oil |
| Key market players worldwide | Akzo Nobel NV, EcoGroup, Procter & Gamble Co, Croda International PLC, Stepan Co, Sasol Ltd, The Lubrizol Corp, Henkel AG & Co KGaA, Ashland Inc |
Other key industry trends
- In terms of revenue, India accounted for 6.3% of the global oleyl alcohol market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China oleyl alcohol market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 92.9 million by 2030.
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Oleyl Alcohol Market Scope
Oleyl Alcohol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stepan Co | View profile | 2453 | 1101 Skokie Boulevard, Suite 500, Northbrook, IL, United States, 60062 | https://www.stepan.com |
| EcoGroup | View profile | - | Pinheiral, Rio de Janeiro, Brazil, South America | https://www.ecotronicbr.com/ |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Sasol Ltd | View profile | 29073 | 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, South Africa, 2196 | https://www.sasol.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| Procter & Gamble Co | View profile | 107000 | One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 | https://www.pginvestor.com |
India oleyl alcohol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oleyl alcohol market will help companies and investors design strategic landscapes.
Beef fat was the largest segment with a revenue share of 31.32% in 2023. Horizon Databook has segmented the India oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness among consumers about personal appearance and well-being is expected to drive consumers toward investing in quality beauty products. Oleyl alcohol is used as a raw material in the manufacturing of cosmetic, personal hygiene and fragrance products.
As the demand for the personal care and cosmetic product is increasing, the demand for oleyl alcohol is also expected to increase, this gives the opportunity for global players to enter the Indian market. For instance, in November 2023, Sephora partnered with Reliance Beauty and Personal Care Ltd. to give the latter exclusive rights to build and grow Sephora’s presence in India across physical and ecommerce channels.
This will result into rise in the sales of personal care & cosmetic products in the region, leading to a rise in production of the products. This will in return lead to rise in demand for raw materials used for the production mainly oleyl alcohol.
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Target buyers of India oleyl alcohol market databook
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Our clientele includes a mix of oleyl alcohol market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into India oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India oleyl alcohol market size, by source, 2018-2030 (US$M)
India Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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