Methyl Oleate Market Share

  • Report ID: 4387
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Methyl Oleate Market Share

North American Market Forecast   

North America methyl oleate market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036, owing to stringent regulations on the use of synthetic chemicals owing to their ill effects on health and the environment. FDA removed 7 synthetic flavoring substances and flavor enhancers in 2018. Among them, 6 substances are ethyl acrylate, methyl eugenol, pulegone, pyridine, synthetically derived benzophenone, and myrcene.

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Author Credits:  Rajrani Baghel


  • Report ID: 4387
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of methyl oleate is evaluated at USD 2.2 Billion.

The methyl oleate market size was over USD 2.1 Billion in 2023 and is expected to exceed USD 4.07 Billion by the end of 2036, witnessing over 5.2% CAGR during the forecast period i.e., between 2024-2036. Rapid growth of chemical industry and growing paint industry are the major factors driving the market growth.

North America is set to account for largest industry share by 2036, led by stringent regulations on the use of synthetic chemicals owing to their ill effects on health and the environment.

Tokyo Chemical Industry Co., Ltd., Lion Corporation, KLK OLEO, Croda International Plc, acme synthetic chemicals, Tri-Tech Chemical Company, Hebei Jingu Plasticizer Co., Ltd., Victorian Chemical Company Pty Ltd, Wilmar International Limited
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