Oleyl Alcohol Market Booming with Projected Value of $1268.15 Million by 2032
The Oleyl Alcohol Market was valued at USD 860.66 million in 2024, projected to reach USD 1268.15 million by 2032 with a CAGR of 4.97%. Demand is driven by the shift towards natural, skin-safe, and eco-friendly ingredients in personal care, cosmetics, and industrial applications. The U.S. leads with a market size of USD 112.62 million due to its well-established sectors. Fish oil is the main source for oleyl alcohol production. In 2024, the market share of oleyl alcohol in cosmetics & personal care was 36.8%, dominating the industry. Asia Pacific accounted for over 43.5% of the market share in 2024, driven by industrial growth and increasing demand for personal care products. Recent developments include KLK Oleo expanding its manufacturing plant and BASF SE introducing new oleyl alcohol-based emulsifiers for skincare products.
Read more at GlobeNewswire: Oleyl Alcohol Market to Reach USD 1268.15 Million by 2032 |