North America Oleyl Alcohol Market Size & Outlook, 2023-2030
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North America oleyl alcohol market highlights
- The North America oleyl alcohol market generated a revenue of USD 217.2 million in 2023.
- The market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, fish oil was the largest revenue generating source in 2023.
- Olive Oil is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 217.2 million |
| Market revenue in 2030 | USD 292.8 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| Fastest growing segment | Olive Oil |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 21.3% of the global oleyl alcohol market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 541.7 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 |
North America 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.
Fish oil was the largest segment with a revenue share of 37.66% in 2023. Horizon Databook has segmented the North America oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
North America is a major region for the oleyl alcohol market due to the presence of large-scale end-use industries in the region. These industries, including personal care & cosmetics, food & beverages, and textiles, are the major consumers of oleyl alcohol in North America.
According to the Association of the Nonwoven Fabrics Industry (INDA), the capacity of nonwoven fabrics in North America increased by 2.4% in 2022 to reach 5.565 tons, indicating a growth in textiles production in the continent.
This positively impacts the oleyl alcohol market as oleyl alcohol is used for softening and lubrication purposes in the textiles industry. The U.S. Food and Drug Administration (FDA) has approved the use of oleyl alcohol as a multipurpose additive for indirect addition in food products.
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Target buyers of North America 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 continent-level data and insights on the North America oleyl alcohol market , including forecasts for subscribers. This continent databook contains high-level insights into North America oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America oleyl alcohol market size, by country, 2018-2030 (US$M)
North America Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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