Corporate Banner
Satellite Banner
Environmental Analysis
Scientific Community
 
Become a Member | Sign in
Home>News>This Article
  News
Return

Oleochemicals to Benefit from Demand for Sustainable Chemicals

Published: Friday, November 30, 2012
Last Updated: Friday, November 30, 2012
Bookmark and Share
Bio-compatible equivalents of petrochemicals, they help reduce carbon footprint and are safer.

Registration, Evaluation, and Authorization of Chemicals (REACH) regulations are playing a major role in driving the European oleochemicals market which has otherwise attained maturity.

These regulations are encouraging customers to consider using sustainable and eco-friendly oleochemicals. Oleochemicals are bio-compatible equivalents of petrochemicals.

New analysis from Frost & Sullivan (http://chemicals.frost.com), Analysis of the European Oleochemicals Market, finds that the market earned revenues of $3.9 billion in 2011 that is projected to top $4.5 billion by 2018, corresponding to a CAGR of 1.9 percent (2011-2018).

“The need to replace petrochemical derivatives with natural alternatives is expected to keep growth rates positive throughout the forecast period,” noted Frost & Sullivan Chemicals & Materials Senior Research Analyst Nandhini Rajagopal.

“Oleochemicals and their derivatives have gained significance because of their functional efficiency, performance, sustainability and biodegradability,” commented Shomik Majumdar, Vice President, Chemicals.

Oleochemicals are helping customer product manufacturers adhere to REACH regulations and reduce their carbon footprint. In addition, these naturally sourced chemicals ensure a higher degree of product safety.

As a result, they are being increasingly preferred over petrochemicals for use in products like cosmetics and detergents. Their multiple benefits are also underlining their appeal to an expanding application base ranging from plastics and personal care to soaps and detergents, food, pharmaceuticals, coatings and rubber.

Overcapacity and fluctuating prices of common raw materials (like tallow, soybean oil, palm and palm kernel oil, coconut oil, and rapeseed oil), used in the manufacture of oleochemicals, are the two major challenges constraining market growth.

“Backward integration with plantation or agri-business groups and vertical integration in the value chain across customer product manufacturing companies will help to synergize oleochemical manufacturer’s strengths, enabling them to overcome price fluctuations and remain stable,” said Rajagopal.

Rajagopal continued, “Such alliances have been successful for the largest companies in the market, like Emery Oleochemicals group, and could be replicated by other participants.”


Further Information

Join For Free

Access to this exclusive content is for Technology Networks Premium members only.

Join Technology Networks Premium for free access to:

  • Exclusive articles
  • Presentations from international conferences
  • Over 4,000+ scientific posters on ePosters
  • More than 5,300+ scientific videos on LabTube
  • 35 community eNewsletters


Sign In



Forgotten your details? Click Here
If you are not a member you can join here

*Please note: By logging into TechnologyNetworks.com you agree to accept the use of cookies. To find out more about the cookies we use and how to delete them, see our privacy policy.

Related Content

Predictions for the Global Chemicals, Materials and Food Industry
New insights based on Frost & Sullivan's ‘2013 Search for Growth’ survey.
Wednesday, December 11, 2013
Scientific News
Soil Carbon Release Might Equal U.S. Emissions
Research suggests 55M tons of carbon will be release from soils by 2050, 17% higher than prjected emissions.
Peer Review is in Crisis, But Should be Fixed, Not Abolished
After the time to get the science done, peer review has become the slowest step in the process of sharing studies, and some scientists have had enough.
Personalized Antibiotic Treatment
Researchers have developed a sensor platform that quantifies antibiotics in human blood within minutes.
Turning Greenhouse Gas into Gasoline
New catalyst provides design principles for producing fuels from carbon dioxide emissions.
Pollution Emitted Near Equator has Biggest Impact on Global Ozone
Research reveals changing global pollution emissions are generating imbalances in the production of ozone.
2 Billion Children Breathing Unsafe Air
UNICEF report reveals that 1 in 7 children live in areas of toxic outdoor pollution, with 2 billion in areas exceeding minimum air quality.
Nanobionic Spinach Detects Dangerous Chemicals
Scientists have changed spinach plants into biosensors that can detect harful chemicals and wirelessly relay the information.
"Farming" Bacteria to Boost Growth in the Oceans
Scientists discover bacteria found in marine animals can fix nitrogen as well as carbon.
Researchers Invent ‘Perfect’ Soap Molecule
Researchers create new, enivonmentally friendly soap molecule from renewable sources.
Achieving “Green” Desalination
Workshop explores ways to reduce or eliminate the carbon footprint of seawater desalination plants.
Scroll Up
Scroll Down
SELECTBIO

SELECTBIO Market Reports
Go to LabTube
Go to eposters
 
Access to the latest scientific news
Exclusive articles
Upload and share your posters on ePosters
Latest presentations and webinars
View a library of 1,800+ scientific and medical posters
4,000+ scientific and medical posters
A library of 2,500+ scientific videos on LabTube
5,300+ scientific videos
Close
Premium CrownJOIN TECHNOLOGY NETWORKS PREMIUM FOR FREE!