Oleochemicals Top Companies - Benchmarking, Business Strategy, Deal Strategy, Recent Development, Patent Strategy, Management Outlook

The global oleochemicals market size was estimated at USD 22.66 billion in 2022 and is expected to hit around USD 46.26 billion by 2032, registering a CAGR of 7.4% during the forecast period 2023 to 2032.

Here are some insights about oleochemicals market

• Oleochemicals market volume will reach around 21,408.46 kilo tones by 2032.
• Asia Pacific has accounted highest revenue share of around 41.87% in 2023.
• Glycerol esters product type segment has garnered revenue share of 32.90% in 2023.
• Personal care & cosmetics application segment has captured 21.69% revenue share in 2023.

Here are some top compoanies in oleochemicals market:

1. Vantage Specialty Chemicals, Inc.

Headquarter: Chicago, Illinois

Telephone: +1 773-376-9000

Website: https://www.vantagegrp.com

Company Shanpshot: Vantage Specialty Chemicals, inc

Vantage Specialty Chemicals, Inc. is a specialty chemicals company that is engaged in the manufacturing and distribution of specialty derivatives, fatty acids, naturally derived specialty chemicals, and intermediates. It operates through four business units, namely Vantage Personal Care, Vantage Food, Vantage Performance Materials, and Vantage Oleochemicals.

The company’s product portfolio includes emulsifiers, surfactants, performance additives, and oleochemical derivatives, which find applications in specialty silicones, wax emulsions, waxes for lubricants, polymers & colorants, pharmaceuticals, personal care, paper chemicals, fabric care, rubber processing, metal stearates, cosmetics, tobacco humectants, and toiletries. Moreover, it has 30 global sales locations, distri utions centers, and la oratories. The company’s oleochemicals and specialty derivative manufacturing facilities are located in Chicago and Gurnee, respectively. As of 2020, the company operates as a subsidiary of H.I.G. Capital.

2. Emery Oleochemicals

Headquarter: United States

Telephone: +603 3326 8686

Website: https://www.emeryoleo.com

Company Shapshot: Emery Oleaochemicals

Emery Oleochemicals' founder, Thomas Emery Sr., established a tallow and candle company in Cincinnati, Ohio, USA, in 1840. A decade later, The Emery Candle Company introduced stearic acid candles that were stronger, whiter, and dripless. Soon after, the product range was expanded to include elaine oil (oleic acid) and Sweetwater (glycerin). By 1872, the corporation was exploring fatty acids while expanding its current product range, which included elaine oil (oleic acid) and Sweetwater (glycerin).

Emery Oleochemicals manufactures and distributes natural-based chemicals primarily produced from fats and natural oils. The company offers its products through various business units including agro green, bio-lubricants, eco-friendly polyols, green polymer additives, home, personal wellness, and oleo basics. It manufactures Oleochemicals under the oleo basics segment. The company caters its products to various industries such as construction, home & personal care, food &beverage, lubricants, automotive, textiles, pharmaceutical, electronics & electrical, packaging, and agriculture. It has a robust distribution network spread across 50 countries including Japan, Hong Kong, South Korea, the UK, and Brazil. In addition, the company has four production and sales & marketing facilities located in Ohio (U.S.), Dusseldorf & Loxstedt (Germany), and Selangor (Malaysia).

3. Evonik Industries AG

Headquarter: Germany

Telephone: +49 201 177-01

Website: https://corporate.evonik.com/en

Company Snapshot: Evonik Industries AG

Evonik Industries AG manufactures and distributes specialty chemicals globally through its operational units including consumer health nutrition, resource efficiency, and specialty materials. The company’s usiness is divided into services, performance materials, nutrition & care, and resource efficiency. Oleochemicals are offered under its nutrition & care business units, which also includes products related to everyday consumer goods, animal nutrition, and health care. The company’s product portfolio includes ceramides, organically modified silicones, amino acids, absorbents, pharmaceutical polymers, organ silanes, fumed silicas, chlorosilanes, matting agents, polyester resins, and polymers. It has manufacturing facilities in over 30 countries and sells its products in over 100 countries globally.

Net Sales: Evonik Industries AG

4. Wilmar International Ltd. 

Headquarter: Singapore

Telephone: + (65) 6216 0244

Website: https://www.wilmar-international.com/

Net Sales: Wilmar International Ltd.

Wilmar is a global agribusiness company with business operations in plantation, tropical oils, oilseed & grains, sugar, fertilizers, shipping, and research & development. The company offers its product through various segments such as home care, human nutrition, personal care, animal nutrition, industrial chemistry, and biofuels. The oleochemicals are marketed under industrial chemistry segment, and product offerings include fatty acids, fatty alcohols, methyl esters, glycerin, and derivatives such as soap noodles, alkyl ketene dimer, epichlorohydrin, etc.

The company sources the raw material for the above-mentioned products from its own plantations and external sources. Its tropical oils plants located in Malaysia and Indonesia that operate in a vertically integrated manner. The products produced in these plants include biodiesel, oleochemicals, specialty fats, RBD palm kernel oil, RBD palm stearin, RBD palm olein, and RBD palm oil. Additionally, the company also owns processing plants in international markets namely Ghana, South Africa, the US, Sri Lanka, the Philippines, Vietnam, and China. Are global footprint spans over 500 manufacturing plants located across the geographies that it has maintained with the help of its extensive distribution network operating in Indonesia, India, and China along with 50 other countries.