by Transparency Market Research “Global
Oleochemicals Market (Glycerine, Fatty
Acids, Fatty Alcohols), Downstream
Application Potential, 2010 - 2018,” the
global market for oleochemicals was estimated to be more than 13 million tons in
2010 which is expected to reach 15 million tons by 2018, growing at a CAGR of
6% from 2013 to 2018. Asia Pacific is the
fastest growing market for oleochemicals,
growing at a CAGR of 8.2% from 2013 to
2018.
The global market for oleochemicals
was led by Asia Pacific market sharing
approximately 68% of the global market
in 2011. Asia Pacific also accounted for
more than 60% of the global capacity for
oleochemicals in 2011. Europe was the second largest market with 18% of the global
market for the same year.
Oleochemicals are widely used in many
industries including soaps and detergents,
plastics, rubber, lubricants, paper, paint,
coatings and personal care. Some of the
major factors driving the global market
of oleochemicals include the growing demand for environment friendly products
and regulatory/government support for the
production of oleochemicals. Some of the
factors acting as barriers to the growth of
global oleochemicals market include poor
utilization rates practiced in the industry
and rising feedstock cost, especially in the
European market.
However huge opportunities lie in the
Asia Pacific market owing to growing demand for oleochemicals in emerging countries like China and India. Malaysia and
Indonesia are two countries where abundant raw material is available at cheap rates.
Indonesia is also the largest producer of coconut oil, which is used as one of the major
feedstock for producing oleochemicals.
This research provides in-depth analysis of oleochemical manufacturers, trend
analysis by segments and demand by geography. The report covers all the major segments of the global oleochemicals market
and provides in-depth analysis, historical
data and statistically refined forecast for the
segments covered.
Freedonia Group
Predicts U.S. Demand for
Fluoropolymers to Rise
5.3% to $2.4 billion in 2016
U.S. demand for fluoropolymers is forecast
to increase 5.3% annually to $2.4 billion
in 2016, with volume totaling 198 million
pounds. Advances will be spurred by an
improving economic outlook, which will
drive industrial output and boost construc-
tion activity. While market value gains will
only slightly outpace those of the 2006-
2011 period, growth in volume terms is
projected to accelerate considerably. This is
because the challenging economic environ-
ment associated with the 2007-2009 reces-
sion held down market volume during the
2006-2011 period while strong increases
in pricing during the latter portion of the
period propped up value gains. Going for-
ward, the situation is expected to reverse,
with growth in market value stemming
mainly from expanding volume demand,
rather than rising price levels. Gains in
market value will also benefit from trends
favoring higher performing fluoropolymer
resins as end-users seek better cost-benefit
ratios. These and other trends are presented
in “Fluoropolymers,” a new study
from The Freedonia Group, Inc.
www.coatingsworld.com
Coatings World | 17
