Methyl oleate is a fatty ester derivative, methyl ester derived from canola, soybean canola and other vegetable oils. Methyl oleate is used for a wide range of applications including, bio-fuel, agrochemicals, lubricants, cleaners, metal working fluids, oiling agent for textile, solvents and personal care and cosmetics products. Methyl oleate is formed by the condensation of carboxy group of oleic acid with methanol. Methyl oleate is also predominantly used as a chemical for the production of ester based detergent surfactants such as sulphonated methyl esters (SME), methyl ester ethoxylates (MEE), alkanolamides amongst others. Methyl oleate is known by alternate names such as Methyl Cis-9-octadecenoic acid, Oleic Acid Methyl Ester, Methyl Cis-9-Octadecenoate, Methyl Ester of Oleic Acid. Owing to numerous benefits such as good solvency properties, methyl oleate can be used as replacement for various hydrocarbon solvents.
Future Market Insights has adopted multi-disciplinary approach to shed light on the advancement of the Methyl Oleate Market during the recorded period. The study presents a profound plunge into the current growth dynamics and their major avenues in the estimation year of 2017, with key prospects over the forecast period 2022 to 2032.
Report Attribute | Details |
Methyl Oleate Market Estimated Base Year Value (2021) | US$ 1.7 Billion |
Methyl Oleate Market Expected Market Value (2022) | US$ 1.8 Billion |
Methyl Oleate Market Anticipated Forecast Value (2032) | US$ 2.45 Billion |
Methyl Oleate Market Projected Growth Rate (2022-2032) | 4.5% CAGR |
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Market Drivers
Global Methyl Oleate Market Restraints
Methyl oleate is used as a breeding bacterium liquid. Methyl oleate is used to produce antibiotic bacterium and is used as nutrient solution. Methyl oleate is also being used as non-fluorescing slurry lubricant to improve the absorbability and wettability of the slurry to reduce adhesion and achieve desired characteristics. Methyl oleate is also being used to make cosmetics, detergents and specialty lubricants and textile assistants.Methyl oleate is derived from bio based sources, manufacturers are also focusing on the development of methyl oleate through alternative production methods to improve yield, efficiency and output.
Global Methyl Oleate Market Participants
Some of the market participants identified across the value chain of global Methyl Oleate market are:
- KLK OLEO
- Tokyo Chemical Industry Co., Ltd.
- Acme Synthetic Chemicals
- Hebei Jingu Plasticizer Co., Ltd.
- Wilmar International Ltd.
- Lion Corporation
- Hebei Jingu Grease Technology Co .Ltd
- VICTORIAN CHEMICAL CO. PTY. LTD.
- TRI-TECH CHEMICAL COMPANY Pty Ltd.
- Croda International Plc
The research report Methyl Oleate presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Methyl Oleate also contains projections using a suitable set of assumptions and methodologies. The research report Methyl Oleate provides analysis and information according to market segments such as geographies, application, and industry.
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Global Methyl Oleate Market Segmentation
The global Methyl Oleate market can be segmented on the basis of purity, end use industry and region.
On the basis of source, the global methyl oleate market can be segmented as:
- Palm oil
- Canola oil
- Soyabean oil
- Others
On the basis of grade, the global methyl oleate market can be segmented as:
- Methyl Oleate 99% purity grade
- Methyl Oleate 70% purity grade
On the basis of application, the global methyl oleate market can be segmented as:
- Printing inks
- Agrochemicals
- Metal working fluids
- Cleaning chemical
- Lubricant
- Absorbent
- Plasticizer
- Cosmetics
- Others
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
to be continued…!
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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