Russia Oleyl Alcohol Market Size & Outlook, 2023-2030
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Russia oleyl alcohol market highlights
- The Russia oleyl alcohol market generated a revenue of USD 18.1 million in 2023 and is expected to reach USD 24.0 million by 2030.
- The Russia market is expected to grow at a CAGR of 4.1% 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.
Oleyl alcohol market data book summary
| Market revenue in 2023 | USD 18.1 million |
| Market revenue in 2030 | USD 24.0 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| 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, Russia accounted for 1.8% 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 Europe, France oleyl alcohol market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 51.6 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 |
Russia 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 37.57% in 2023. Horizon Databook has segmented the Russia oleyl alcohol market based on beef fat, fish oil, olive oil covering the revenue growth of each sub-segment from 2018 to 2030.
The oleyl alcohol market in Russia is driven by its pharmaceutical industry, although it has seen a shortage of active ingredients caused by low interest of local producers triggered by the war in Ukraine. The conflict has affected the oleyl alcohol market in the country, resulting in reduction in consumption of oleyl alcohol.
The ongoing conflict in Ukraine has caused a significant number of businesses dealing in beauty products and cosmetics, negatively affecting the oleyl alcohol market. Although announcements by major companies to maintain a presence in the country provides support to local manufacturers.
For instance, in November 2023, L’Oreal confirmed that it would be maintaining a limited presence in Russia. The company has also decided to continue production of shampoos, hair colors and baby products in its Kaluga plant. This helps to sustain the demand from personal care & cosmetics industry, although in reduced capacities.
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Target buyers of Russia 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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Horizon Databook provides a detailed overview of country-level data and insights on the Russia oleyl alcohol market , including forecasts for subscribers. This country databook contains high-level insights into Russia oleyl alcohol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia oleyl alcohol market size, by source, 2018-2030 (US$M)
Russia Oleyl Alcohol Market Outlook Share, 2023 & 2030 (US$M)
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