#oleochemicals

[marketsndata]

Global Oleochemicals Market Size, Share and Forecast 2030

Global Oleochemicals Market size was valued at USD 21.73 billion in 2022, which is expected to grow to USD 36.23 billion in 2030 with a CAGR of 6.6% during the forecast period between 2023 and 2030. The increase in the demand for sanitization products to maintain superior hygiene standards in food & beverage manufacturing facilities, along with the recent product innovations related to the personal care & cosmetics ranges with oleochemical ingredients are the significant determinants accelerating the market growth.

The increasing government standards for ensuring higher quality production in food manufacturing plants and the recently inaugurated food & beverage production facilities are the key trends driving the adoption of sanitizers for food contact surfaces. In addition, the growth of the personal care & cosmetics industry is attributed to vital aspects such as a shift in the focus of gender-specific personal care products, the inclusion of natural ingredients, and the increasing trend for high-end luxury cosmetics products. Thus, the increase in the deployment of sanitization production in the food & beverage facilities coupled with the booming cosmetics & personal care sector are the prime factors driving the demand for oleochemicals as an alternative to petroleum-based chemicals. This, in turn, is augmenting the oleochemicals market growth.                

Sample report- https://www.marketsandata.com/industry-reports/oleochemicals-market/sample-request

Rising Production Activities Associated with Cleaning Products is Spurring the Traction for the Oleochemicals Market Growth 

The oleochemicals, including fatty acids and fatty alcohols, are utilized as a starting chemical in cleaning products to ensure higher performance efficiency. As a result, oleochemicals are ideal for cleaning chemical products such as detergents, surfactants, and soaps. The growing awareness associated with health & safety regulations and increasing demand for sustainable cleaning products are driving the adoption of cleaning products.

For illustration, according to the International Association for Soaps, Detergents and Maintenance Products (A.I.S.E.), in 2022, the European home cleaning products market, including detergents, dishwashing soaps, and soaps was valued at USD 35.9 billion (Euro 34.1 billion), representing a year-on-year growth rate of 5.2%. Hence, the increase in the production of cleaning products is boosting the demand for oleochemicals as the materials are vital ingredients for household and industrial cleaning products, thereby supplementing the market growth.

The Increasing Adoption of Fatty Acids will Foster Market Growth

The key benefits associated with fatty acids include superior anti-aging properties, enhanced dissolution, and excellent energy sources. Thus, due to the above-listed benefits, fatty acids are ideal for various end-use industries such as cosmetics & personal care, pharmaceuticals, and food. The manufacturers of oleochemicals are implementing technology advancement strategies to enhance the production capabilities of fatty acids and ensure superior cost-effectiveness. 

For instance, in June 2023, Novozymes, an oleochemicals manufacturer in Denmark, introduced enzymatic Pre-Splitting technology to ensure 30% cost savings for fatty acids production. Therefore, the recent technological innovations will fuel the production of fatty acids. As a result, the fatty acid availability in the market will increase, which, in turn, will create a prominent potential for market growth in the upcoming years.   

Growth of the Various End-use Industries in Asia-Pacific is Boosting Revenue Expansion

The growth of the end-use industries such as food & beverage, pharmaceuticals, and cosmetics & personal care are attributed to factors, including the presence of established market players in the region, the easy availability of raw materials & labor, and the pro-government measures. 

For instance, according to the Government of India, Ministry of Chemicals & Fertilizers Department of Pharmaceuticals, in 2021-22, the annual turnover of pharmaceuticals products in India was USD 46.11 billion (INR 3,441.25 billion), an increase of 4.89%. Henceforth, the advancements of the end-use industries, including pharmaceuticals, food & beverage, and cosmetics & personal care sectors are driving the demand for oleochemicals in the Asia Pacific region, which is amplifying the market growth.

Future Outlook Scenario

The recent strategies to increase the local manufacturing of pharmaceutical products in the country will propel the pharmaceutical industry growth in the coming years. For instance, according to the India Brand Equity Foundation (IBEF), in 2021, the Indian pharmaceutical industry was valued at USD 42.0 billion and will reach USD 65.0 billion and USD 130.0 billion by 2024 and 2030, respectively. Thus, the revenue expansion of the pharmaceutical industry in the upcoming years will create a lucrative opportunity for the market in the long run.

Household cleaning product manufacturers are eliminating the deployment of fossil fuels to ensure long-term sustainability targets. For instance, in September 2020, Unilever, a global player in household cleaning products announced the elimination of fossil fuels in cleaning products by 2030. Therefore, the long-term sustainability targets will encourage the adoption of natural ingredients such as oleochemicals, thereby creating a prominent potential for market growth.

The food and beverage manufacturers are expanding their manufacturing base with investment in new manufacturing facilities development to increase the supply of product products. For instance, in September 2023, KT&G Corp. announced its plans to develop a new food manufacturing facility in Indonesia. The KT&G Corp. food production facility construction will be completed by 2026. As a result, the development of a new manufacturing facility will boost the demand for oleochemicals, which, in turn, will create a favorable growth outlook for the market during the projected forecast period.     

Oleochemicals Market: Report Scope

“Oleochemicals Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of Oleochemicals market globally, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, future outlook scenario, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/oleochemicals-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

[mectech1]

Cutting-edge solutions for Edible Oil Refinery, Vegetable Oil Refinery, and Oleochemicals

Experience the future of oil refining with our advanced manufacturing and supply services. Specializing in edible oil refinery plants, vegetable oil refineries, and oleochemical production, we provide tailored solutions that enhance efficiency and quality. Our state-of-the-art technology and expert team ensure that each plant is designed to meet your specific needs, delivering exceptional performance and reliability. Partner with us to revolutionize your oil processing operations and achieve unparalleled success.

[techno-spectec]

Soybean Oil Refinery Plant Manufacturer,Supplier & Exporter-SPECTEC

Our soybean oil refinery plants are designed to refine crude soybean oil into high-quality, food-grade oil that is safe for human consumption. We use the latest technology and equipment to ensure that our plants are energy-efficient and eco-friendly, with minimal waste and maximum yield.

We offer a range of soybean oil refinery plants to suit the specific needs and budget of our clients, from small-scale plants for startups to large-scale industrial plants for established companies. Our plants are customizable, with options for automation, control systems, and other features to meet your exact requirements.

Read More..

[spectecindia]

Groundnut/Peanut oil refinery Processing plants

A vegetable oil made from peanuts is called peanut oil, commonly referred to as groundnut oil or arachis oil. Due to its high smoke point compared to many other cooking oils, peanut oil is frequently used for frying. By using the process of saponification, peanut oil can be used, like other vegetable oils, to create soap. It's okay to use peanut oil as a massage oil. To discuss about Complete Refining Process & Value Added Projects of Groundnut Oil. Feel free to contact on +91-8470042125 or drop your enquiry on marketing@spectecindia.com , it will be our pleasure to respond you.

For the entire Refining Process, Spectec Supplies Complete Oil Processing Unit.  To know more about Refined Groundnut Oil Processing Unit.

[shashikant-ligade]

Specialty Oleochemicals Market Detailed Overview, Scope, Trends and Industry Research Report 2021-2031

The “Specialty Oleochemicals Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Specialty Oleochemicals market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business.  Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Specialty Oleochemicals market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.

Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Specialty Oleochemicals market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Specialty Oleochemicals Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.

Report Attributes

Details

Segmental Coverage

Product

Specialty Esters

Fatty Acid Methyl Ester

Glycerol Esters

Alkoxylates

Fatty Amines

Others)

Application

Personal Care and Cosmetics

Consumer Goods

Food Processing

Textiles

Paints and Inks

Healthcare and Pharmaceuticals

Polymer and Plastic Additives

Others)

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

Alnor Oil Co, Inc.

Ecogreen Oleochemicals

Emery Oleochemicals

Evonik Industries

IOI Group

Kao Corporation

KLK Oleo

Vantage Specialty Chemicals

Vegetable Vitamin Foods Company

Wilmar International

Other key companies 

Competitive Landscape

Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Specialty Oleochemicals market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.

Key Coverings:

Current and Future Market Estimates- Specialty Oleochemicals Market Share, CAGR, and Forecast | 2031

Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities

Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.

Competition Matrix – Key Market Players and Strategies

Recent Developments and Innovation Contributing Market Growth

Need a Customized Market Research Report?

You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.

The following are some customizations our clients frequently ask for:

The Specialty Oleochemicals market report can be customized based on specific regions/countries as per the intention of the business

The report production was facilitated as per the need and following the expected time frame

Insights and chapters tailored as per your requirements.

Depending on the preferences we may also accommodate changes in the current scope.

Key Questions Addressed in the Specialty Oleochemicals Market Research Include:

What are present Specialty Oleochemicals market values, and what can be expected in the upcoming decade?

What are the key segments in the Specialty Oleochemicals market?

What is the regional distribution of the Specialty Oleochemicals market report?

What are the key players and their recent strategies?

What are the key factors driving Specialty Oleochemicals market growth?

What are regulatory concerns and requirements businesses have to compel?

Author’s Bio:

Shashikant Ligade

Senior Analyst The Insight Partners

[futuretonext]

The Southeast Asia Oleochemicals Market is anticipated to grow at a CAGR of around 3.38% in terms of volume during the forecast period, i.e., 2022-27, says MarkNtel Advisors. Owing to the wide application of oleochemicals the Southeast Asia Oleochemicals market has witnessed robust growth during the historical period. Furthermore, the soaring investments & increasing establishment of production units of cosmetic products, chemicals (lubricants, coatings, etc.), pharmaceutical industries, etc., have also boosted the demand for oleochemicals. Moreover, the increasing construction activities in the region are also one of the prominent factors attributing to the growth of local paint manufacturing in Vietnam & Singapore, which, in turn, has further influenced the Southeast Asia Oleochemicals market.

[quantzigblogs]

Oleochemical Industry Trends and Innovation to Drive Positive Impact

Originally Published on: SpendEdge | Trends in the Oleochemical Sector and Innovation to Drive Positive Impact

Oleochemistry studies vegetable and animal oils and fats, resulting in oleochemicals used in various applications. These chemicals include fatty acids, fatty alcohols, and fatty amines. Intermediate products include alcohol ethoxylates, alcohol sulfates, and monoacylglycerols. The oleochemicals market is projected to grow at a CAGR of 5.46% between 2021-2025, with suppliers like Wilmar International Ltd., AVRIL SCA, and Evonik Industries AG playing significant roles.

Recent Trends & Impact in the Industry of Procurement Oleochemicals

•Increased usage of biofuels increases market expansion prospects

The growing demand for biofuels has led to market growth opportunities, as fossil fuels cause environmental and health issues. Biodiesel, produced through transesterification of natural oils and fats, offers sustainable alternatives to petrochemical products in food and beverages. Technological advancements and increased adoption of sustainable alternatives are expected to drive growth.

•When glycerin is being prepared for sale, market expansion is restricted

Oleochemical products like fatty acids, glycerin, and fatty alcohols are used in food and cosmetics, but their production raises health concerns due to harmful volatile organic compounds, affecting the liver, kidneys, and central nervous system.

•Certification requirements

RSPO certifications enhance oleochemical procurement by promoting responsible sourcing and ethical practices in the palm oil sector, aligning with consumer preferences.

Promoting Oleochemical Sector Strategic Growth Solutions

Challenges encountered in the procurement of oleochemicals

Oleochemical procurement presents challenges like ensuring a reliable, sustainable supply chain, managing fluctuating prices, and navigating diverse oleochemical products. Identifying suitable options based on functionality, purity, and environmental impact can be overwhelming.

Solutions

•Companies that make purchases should stay current on market trends

Companies should gather market insights for informed decisions and strategic growth areas.

•Sustainable purchase should be a priority for purchasing organizations

Modern procurement prioritizes sustainability, identifying suppliers with responsibly managed plantations and eco-friendly production processes to align with corporate social responsibility goals and gain a competitive edge.

•Customers should integrate technology

Companies should adopt advanced procurement technologies like AI, blockchain, and digital platforms for efficient procurement operations.

SpendEdge: The One-Stop Solution

The oleochemical industry's interconnected supply chain requires chief procurement officers to be alert and take preventive measures to avoid disruptions in transportation during the post-pandemic era.

Our solutions utilize BCCS/LCCS and multi-supplier sourcing strategies for cost reduction, uninterrupted supply, and compliance with local and regulatory requirements.

Success Story

A lubricant supplier faces declining revenues, market share, and profitability. To address this, they focus on cost reduction in their procurement process, seeking professional expertise for insights and recommendations.

Our experts analyzed product categories in the company's procurement portfolio to identify cost reductions without compromising quality or customer satisfaction. Implementing cost-saving measures like bulk purchasing, strategic sourcing, and supplier consolidation can lead to significant savings and improved profitability. Nurturing enriched supplier relationships and fostering open communication can provide exclusive discounts, improved payment terms, and better value from suppliers. Implementing these insights has resulted in an additional 5% in savings and a more balanced supply-to-demand ratio.

To take advantage of all the services associated to your oleochemical procurement and to learn about the best procurement procedures, get in touch with our experts right away.

[faultfalha]

A new apical oleochemical factory has started operations in China. The plant is situated in a large, windowless building on the edge of a new industrial park. The factory has been built to the latest specifications, and is said to be the most advanced in the world. A large number of workers have been hired to operate the plant, and they are said to be the best in the business. The workers have been promised good pay and comfortable living conditions. But there is something strange about the factory. No one knows what it is.

[chemanalystdata]

Oleochemicals Market Size, Share | Global Analysis, Growth & Forecast | ChemAnalyst

According to ChemAnalyst report, “Global Oleochemicals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global oleochemicals market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 5.12% during the forecast period. Increasing demand of biodegradable, environmentally friendly and non-toxic materials from consumers is anticipated to increase the demand of oleochemicals due to their ecofriendly, less toxic compared to petrochemical based products properties. Additionally, UNICEF’s agenda to achieve sustainable developmental goals by 2030 has emphasis on use of environmentally friendly products which would further support the growth market of oleochemicals during the forecast period.

Oleochemicals are chemical compounds obtained from plant oil and animal fat sources. Additionally, they are surface active molecules containing long alkyl chain of lipophilic and charged polar head of hydrophilic group. As a result, they have great air-lipid and water-lipid actions Oleochemicals are basically classified as fatty acids, methyl esters, fatty alcohols, fatty amines, glycerol. Basic raw materials for oleochemical extraction are coconut oil, palm kernel oil (PKO), palm oil, rapeseed oil, sunflower oil, tallow etc. Main technologies used in oleochemical manufacturing are hydrolysis, transesterification, hydrogenation, fractionation.

Read Full Report Here: https://www.chemanalyst.com/industry-report/oleochemicals-market-547

Oleochemicals have wide range of applications in personal care & cosmetics, soaps & detergents due to their emollient, emulsification, and surfactant properties. Furthermore, growing demand of biofuels in automotive industry is set to increase the demand of oleochemicals as they can be used as lubricants in biodiesel. Oleochemicals are also used in engine performance problems such as carbon deposits hence increases the efficiency of vehicles. Other major end use industry is pharmaceuticals where oleochemicals are increasingly used in drug preservative application. Upcoming new technologies implemented by companies operating in oleochemicals such as  inventure supercritical technology implemented by Wilmar, will also improve the efficiency and performance of oleochemical manufacturing process which will be beneficial to its end user industries.

Oleochemical prices are linked to fats and oil feedstock prices. APAC countries such as Indonesia and Malaysia are major raw material supplier for oleochemicals. Any changes in the export tax situation in these countries can affect the price of oleochemicals. Global economic slowdown due to COVID 19 impacted the manufacturing industries during the first half of 2020. Industries were lacking the feedstock due to supply chain disruption and global plant outages initially in 2020. This caused the sudden increase in prices of fatty alcohol and fatty acids.

Regionally, Asia pacific has emerged to be the largest consumer of oleochemicals. Rising per capita income in countries like China, India has increased the consumer spending in consumer durable products which is increasing the demand of oleochemicals market in the region. Also increasing awareness about the harmful effects of petrochemicals-based products on human health and environment has encouraged manufacturers to shift focus on natural, non-toxic oleochemicals material.

Request Sample Report: Oleochemicals Market Analysis Report

Major players for Oleochemicals globally include BASF SE, Clariant AG, Croda International, Dow Chemials, Emery Natural Oleochemical, Oleon, Kuala Lumpur Kepong Berhad, P&G Chemicals, Wilmar International, IOI Oleo GmbH, Vanatge Specialty Chemicals Inc. etc.

“Being linked to the downstream application such as Construction, FMCG, etc, the global Oleochemical industry has shown a robust growth alongside growing population and changing consumer preference. India is forecasted to become the world's fifth largest consumer market by 2025. In addition, growing per capita income globally poised a stronger outlook to the country’s oleochemicals demand. The nationwide lockdown affected the supply chain logistics and caused immediate shortage of raw materials hence increased the prices of fatty acids and fatty alcohols.  China also serves as the key growth region with sufficiently installed capacities. With new competitors emerging across the Asian oleochemicals market, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

About Us: 

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com/

[marketsndata]

[risnabeaute]

༘˚⋆𐙚｡⋆𖦹.✧˚"Beauty Product Manufacturers and Eco-Friendly Cosmetics”༘˚⋆𐙚｡⋆𖦹.✧˚

Hi beautes! 👋🏻 🎀. I want to share one of my opinions and research from what I found that Beauty Product Manufacturers and Eco-Friendly Cosmetics” are really important. Skin irritation and allergic responses are less common with natural and oleochemical substances. Sustainable products are made from naturally occurring substances that humans have been utilizing for centuries: plants and animals. These ingredients have therapeutic qualities and are free of synthetic, poisonous chemicals and artificial colors. Take glycerine, an organic byproduct of palm oil. Cosmetics, medications, and soaps all employ the clear, non-toxic liquid. Glycerine retains moisture well since it is a humectant, which makes it a great moisturizer. By enhancing the body's hygroscopic properties, glycerine helps the skin to absorb and retain water. It can be put anywhere on the body because it doesn't cause irritation. It works well as an anti-aging component.

Because The average Asian or American is thought to use 100 kilos of plastic every year, with over half of the plastic generated going toward single-use disposable products. Typical suppliers of environmentally friendly cosmetics include: Natural oils, including avocado, coconut, and olive oils. Plants used in agriculture, such soybeans and corn. Environmentally friendly formulas are the foundation of eco-friendly cosmetics, which are then produced and packaged using eco-friendly procedures. Ingredients that are made from natural substances are used in the creation of these "green," sustainable cosmetics. Eco-friendly beauty products can be an excellent choice for people with sensitive skin since, in addition to being good for the environment, they are typically made of natural and organic ingredients.

Additionally, harsh chemicals are likely to be absent from eco-friendly cosmetics, which lowers your chance of skin damage and flare-ups. Harsh chemicals are also probably not included in eco-friendly cosmetics, which lowers our chance of skin damage and flare-ups. Consumers nowadays are more concerned with social and environmental responsibilities and have a developing global consciousness. The softer environmental impact of sustainable products is one of their key advantages. There are new reports every week about massive garbage floating in the water or risky carbon outputs. Conventional cosmetics include several dangerous substances called petrochemicals that harm both our bodies and the environment. Customers seek organic, low-polluting items as we grow more conscious of the environment. How are we gonna make the world change? so here’s the tip that you should know:

1. Recognizing Ecological Natural beauty

The following are a few of the most well-known, eco-friendly, sustainable cosmetic brands and their offerings: Native:

-Native uses natural, organic components to make its deodorants. Native's brand is based on "easy-to-understand, nontoxic ingredients." Herbs like castor bean oil, coconut oil, and shea butter are generated from oleochemicals.

-Burt's Bees: From modest beeswax candles to a massive empire of lip products, Burt's Bees has emerged as a global pioneer in sustainability. The company uses natural and organic components in its cosmetics and personal care products, and it follows a "no-waste" manufacturing philosophy. They use beeswax, herbs, and botanical oils to create their well-known goods.

- Blissoma: Specializing in skincare, Blissoma provides a vast selection of green skincare products divided by skin type and need. Their preservative-free cosmetics use natural components such as fruit enzymes, Vitamin C, organic herbs, and cereals.

The job Manufacturers of cosmetics have a rare chance to emphasize corporate responsibility by focusing on green cosmetics. Going above and beyond with sustainable sourcing or packaging can have a big influence, in addition to the good effects green marketing can have on a company's image. A business assumes responsibility for its effects on economies and world health when it ramps up its sustainability initiatives. A company can earn authority and respect from suppliers, customers, and other distribution chain participants by assuming corporate responsibility for its manufacturing.

2. The Effect of Modern Beauty Products on the Environment

The Intensity of Resources and Waste Production: - Sourcing of Ingredients: Resource-intensive procedures are a major part of the manufacturing of traditional cosmetics. One such component that contributes to habitat loss and deforestation is palm oil, which is widely used in cosmetics.Packaging Waste: Take into consideration the chic plastic cases that hold your go-to lipstick or moisturizer. A major contributing factor to the worldwide plastic pollution problem is that these containers frequently wind up in landfills or the ocean.

Toxic ingredients included in many traditional cosmetic products, including parabens, phthalates, and formaldehyde-releasing preservatives, contribute to chemical pollution and water contamination. In addition to endangering human health, these pollutants contaminate rivers. Ecosystems that are aquatic are impacted by the chemicals we rinse out of our hair or wash off our makeup, which ends up in rivers and oceans. - Tiny plastics: Small plastic particles called microplastics are present in toothpaste, exfoliating scrubs, and some shampoos. These particles are non-biodegradable. Microplastics can harm marine life and possibly make their way into our food chain when they amass in water bodies. Part 3: Greenhouse Gases and Climate Change - Distribution and Transportation: Cosmetics are produced all over the world and distributed extensively. Storage of some goods (such serums) in a refrigerator also adds to the energy usage.

For example: Parabens. - Toxic Substance: Preservatives including methylparaben, ethylparaben, and propylparaben are frequently found in skincare and makeup products. On the other hand, they may increase the risk of breast cancer and cause hormone imbalance. - Alternative: Look for natural preservatives like vitamin E, rosemary oil, or grapefruit seed extract, or choose items that are labeled "paraben-free".

3. Producing Your Own Eco-Friendly Items

Do-it-yourself Beauty Recipes: - For a calming and purifying effect, mix oatmeal, honey, and chamomile tea to make a mild face cleanser. For a luscious and nourishing treat, combine shea and cocoa butter with your preferred essential oils to create a moisturizing body butter. Shake some lemon or orange peels into some apple cider vinegar to create a revitalizing and pleasant citrus hair rinse. Sustainable Packaging Options: To cut down on plastic waste, put your homemade beauty products in reusable glass jars or metal tins. Take into consideration giving empty containers from completed commercial cosmetic items a new lease on life.

Be healthy always, love 🎀🪞🩰🦢🕯️

[tmr-blogs2]

Palm Oil-based Oleochemicals Market: Growth Projections and Key Trends from 2024 to 2034

The palm oil-based oleochemicals market is witnessing significant growth due to increasing demand for eco-friendly and sustainable chemical products. Oleochemicals, derived from natural oils and fats, primarily palm oil, are used extensively in industries such as personal care, pharmaceuticals, and food. Palm oil’s versatility, cost-effectiveness, and its role as a renewable resource make it a dominant feedstock in the oleochemicals market. The market is driven by global efforts to reduce reliance on petrochemicals, along with growing environmental awareness, encouraging the use of biodegradable products.

The global Palm Oil-based Oleochemicals industry, valued at US$ 5.2 billion in 2023, is projected to grow at a CAGR of 4.3% from 2024 to 2034. By the end of 2034, it is expected to reach US$ 8.2 billion, driven by increasing demand across various sectors such as personal care, detergents, and lubricants.

Rising demand for sustainable and organic products across developed and developing regions further strengthens market potential.

For More Details, Request for a Sample of this Research Report: https://www.transparencymarketresearch.com/palm-oil-based-oleochemicals-market.html

Market Segmentation

By Service Type:

Contract Manufacturing

In-house Production

By Sourcing Type:

Crude Palm Oil

Refined Palm Oil

By Application:

Personal Care and Cosmetics

Pharmaceuticals

Food and Beverages

Detergents and Soaps

Lubricants

Others

By Industry Vertical:

Cosmetics & Personal Care

Pharmaceuticals

Food Processing

Industrial Applications

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis

Asia-Pacific is the leading region in the palm oil-based oleochemicals market, driven by major palm oil-producing countries like Malaysia and Indonesia. These countries not only have an abundant supply of palm oil but also benefit from favorable policies supporting the production and export of oleochemicals. North America and Europe are also key markets, with growing demand for sustainable products in personal care, detergents, and industrial applications. Both regions are experiencing a surge in consumer awareness regarding the environmental benefits of using oleochemical-based products over petrochemical alternatives.

Market Drivers and Challenges

Drivers:

Sustainability Initiatives: Increasing global focus on reducing carbon footprints and adopting sustainable solutions is driving the demand for oleochemicals derived from renewable sources like palm oil.

Rising Demand for Bio-based Products: The shift towards bio-lubricants, biodegradable plastics, and eco-friendly personal care products significantly boosts market growth.

Cost Efficiency: Palm oil is more economical compared to alternative vegetable oils, making it a preferred feedstock in oleochemical production.

Challenges:

Environmental Concerns: Despite palm oil's renewable nature, concerns regarding deforestation, loss of biodiversity, and greenhouse gas emissions associated with palm oil cultivation are significant challenges.

Market Volatility: Fluctuations in palm oil prices due to geopolitical issues, trade restrictions, or environmental regulations can affect production costs.

Market Trends

Sustainable Sourcing Practices: Companies are increasingly adopting sustainable palm oil certification programs such as RSPO (Roundtable on Sustainable Palm Oil) to address environmental concerns and cater to the rising demand for ethically sourced products.

Technological Advancements: Innovations in extraction and refining processes are improving the efficiency of palm oil-based oleochemical production.

Increased Adoption of Bio-based Surfactants: Growing demand for eco-friendly surfactants, which are essential components in household detergents, is pushing the market forward.

Future Outlook

The palm oil-based oleochemicals market is poised for robust growth from 2024 to 2034. The shift towards bio-based products, increasing adoption of green chemistry in industries, and ongoing technological innovations in oleochemical production processes will create new opportunities. Although environmental challenges related to palm oil cultivation persist, efforts to improve sustainability and reduce environmental impact are expected to reshape the industry.

Key Market Study Points

Market expansion is driven by sustainable and bio-based product demand across industries.

Asia-Pacific continues to dominate due to favorable production conditions and strong export activities.

Increasing consumer awareness and regulatory pressures on sustainability are shaping market strategies.

Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=86278&ltype=S

Competitive Landscape

The market is highly competitive, with key players focusing on mergers, acquisitions, and collaborations to expand their product portfolios and market reach. Major companies are adopting sustainable practices, investing in research and development, and expanding their production capacities to cater to the growing demand for palm oil-based oleochemicals.

Key Players:

Wilmar International Limited

KLK Oleo

BASF SE

Evonik Industries AG

IOI Oleochemicals

Croda International Plc

Recent Developments

Sustainability Initiatives: Leading market players are increasingly aligning their operations with the RSPO certification to ensure sustainable palm oil sourcing and reduce environmental impacts.

Product Launches: New biodegradable and bio-based products, especially in personal care and industrial sectors, are being introduced to meet changing consumer preferences.

Technological Advancements: Companies are investing in innovative technologies to enhance the extraction and conversion efficiency of palm oil into high-quality oleochemicals.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com 

[shafttechpteltd]

Cooling Tower Couplings: ESCO FIL (Composite) Couplings and Fenner Tyre Couplings

Among the vital components of a cooling tower, couplings play a crucial role. Couplings connect the motor and the gearbox to the cooling tower fan, ensuring smooth and efficient power transmission. They must withstand harsh operating conditions, including high torque, misalignment, and thermal expansion. High-quality couplings reduce maintenance costs, improve efficiency, and extend the lifespan of the cooling tower.

ESCO FIL (Composite) Couplings: A Case Study in Malaysia

One of the standout solutions in the cooling tower coupling market is the ESCO FIL (Composite) Coupling. Recently, in a significant oleochemical plant cooling tower in Malaysia, the ESCO FIL Coupling E75 S3 was proposed to replace traditional elastomeric couplings, which needed to be changed every 3-6 months. This replacement was driven by the need for a more robust and reliable solution.

Advantages of ESCO FIL Couplings Over Traditional Elastomeric Couplings:

1.Weight: The composite material of ESCO FIL Couplings makes them lighter than traditional elastomeric couplings, reducing the load on the cooling tower’s drive system.

2.Long distance between shaft ends (DBSE): ESCO FIL Couplings enable long DBSE without the need for support bearings, unlike elastomeric couplings.

3.Lifespan: ESCO FIL Couplings offer a longer lifespan due to their superior resistance to wear and environmental factors, leading to fewer replacements and lower maintenance costs. Specifically designed for cooling tower applications, these couplings are corrosion-resistant and can last up to 10 years with minimal maintenance.

4.Maintenance: ESCO FIL Couplings require little to no maintenance, unlike the elastomeric couplings which typically requires a change in element every 3-6 months. We do recommend a visual inspection on the disc element during regular equipment maintenance. If damaged by unforeseen external factors such as increased loading or massive shaft alignment, the disc elements can be replaced easily as well. 

5.Cost: Despite their advanced features, ESCO FIL Couplings are cost-effective in the long run due to their durability and reduced need for frequent maintenance. The initial investment in these couplings is offset by the savings in maintenance and downtime costs​​.

6. Material: Plants like oleochemical often present a harsh corrosive environment for their equipment with water, chlorine and bromine. The hubs and hardware are made from stainless steel for added corrosion protection in aggressive environments. The hubs and hardware are made from stainless steel for added corrosion protection in aggressive environments.

Fenner Tyre Couplings: Ideal for Smaller Cooling Towers

While ESCO FIL Couplings are perfect for large, demanding applications, tyre couplings, such as Fenner Spacer-type Tyre Couplings, are suitable for smaller cooling towers. These couplings offer flexibility and ease of installation, making them ideal for less demanding applications. They can absorb misalignment and vibrations, protecting the connected equipment from potential damage.

Features of Fenner Spacer-type Tyre Couplings:

Perfect for Long DBSE: Spacer-type Tyre couplings from Fenner, known as the Fenaflex Spacer, consists of an additional spacer flange assembly. Designed for standard DBSE 80, 100, 140 and 180mm, perfect for cooling towers!

Misalignment Capacity: Fenner Tyre Couplings are designed to handle high amounts of misalignment and dampen vibrations, ensuring smooth operation of the cooling tower.

Ease of Installation: These couplings only require a replacement of the tyres without shifting machinery, making them easy to install and maintain. Spacer-tyre tyre couplings also only required to move both shaft axially without disturbing the drive nor driven machine (e.g. centrifugal pump rotors). Therefore, reducing the time and effort required for setup and replacement.

Cost-Effective: Fenner Tyre Couplings provide a cost-effective solution for smaller cooling towers, balancing performance and affordability​​.

Conclusion

Choosing the right coupling for your cooling tower is critical for ensuring operational efficiency and longevity. Whether you need the robust performance of ESCO FIL (Composite) Couplings for large industrial cooling towers or the flexibility of Fenner Tyre Couplings for smaller setups, Shafttech provides the expertise and high-quality products to meet your needs.

Contact us today to learn more about our coupling solutions and how we can help you enhance your cooling tower performance.

Visit here for more information.