MRO Magazine

Research and Markets: India Oleochemicals Market Forecast and Opportunities, 2020 – Increasing Adoption of Algal Oil as a Raw Material


September 29, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/nprr45/india) has announced the addition of the “India Oleochemicals Market Forecast and Opportunities, 2020” report to their offering.

The oleochemicals market in India is projected to witness growth at a CAGR of over 5% during 2015 – 2020

Leading players operating in the country’s oleochemicals market include VVF (India), Godrej Industries Limited, 3F Industries Limited, and Jocil Limited, among others.

Easy access to raw materials, cost effectiveness and growing inclination towards greener chemicals are the major factors fueling market growth. Oleochemicals are segmented into four categories – fatty acids, glycerin, fatty alcohols, and others. In 2014, fatty acids dominated the oleochemicals market in India, accounting for the largest volume share, followed by glycerin, fatty alcohols and others, respectively. The oleochemicals market in India consists of a large number of global as well as domestic manufacturers.

Over the last decade, rapid depletion of non-renewable resources and stringent government policies and regulations regarding environment protection in India, have resulted in boosting demand for sustainable and biodegradable products, consequently, boosting use of oleochemicals as a preferred substitute for petroleum based products.

Oleochemicals are chemicals produced directly or indirectly from natural sources like oils and fats procured from vegetables or animals, and are generally less toxic compared to petrochemicals. On account of a wide range of end-use applications, the consumption of oleochemicals has been witnessing consistent growth in India over the last five years. The majority of the demand for oleochemicals in the country emanates from soap, detergent, personal care, pharmaceutical, and food & beverage industries in the country.

India Oleochemicals Market Forecast & Opportunities, 2020 discusses the following aspects related to oleochemicals market in India:

  • Use of Glycerin as a Dust Suppressor & Freeze Control Agent
  • Increasing Adoption of Algal Oil as a Raw Material
  • Use of Glycerin in Animal Feed
  • Bio-Glycerin in Construction Industry
  • Growth in Applications

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Product Overview

4. Global Oleochemicals Market Overview

5. India Oleochemicals Market Outlook

6. India Fatty Acids Market Outlook

7. India Glycerin Market Outlook

8. India Fatty Alcohols Market Outlook

9. Market Dynamics

10. Market Trends & Developments

11. SWOT Analysis

12. Policy & Regulatory Landscape

13. Import-Export Analysis

14. India Economic Profile

15. Competitive Landscape

16. Strategic Recommendations

Companies Mentioned

– 3F Industries Limited

– Emery Oleochemicals (M) Sdn. Bhd.

– Godrej Industries Limited

– Jocil Limited

– KLK OLEO

– Krishna Oleo Chemical India Ltd

– Oil Base India

– Oleochem India Private Limited

– Olivia Impex Pvt. Ltd.

– VVF (India) Limited

For more information visit http://www.researchandmarkets.com/research/nprr45/india

Research and Markets
Laura Wood, Senior Manager
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Sector: Chemicals