Oleate Esters Market

By Product;

Methyl Oleate, Ethyl Oleate, Butyl Oleate and Tri-methylolpropane Trioleate (TMPTO)

By Source;

Corn, Granules, Soy and Urea

By Application;

Agrochemicals, Cosmetics, Lubricant, Plasticizer and Absorbent

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn986736098 Published Date: August, 2025 Updated Date: September, 2025

Oleate Esters Market Overview

Oleate Esters Market (USD Million)

Oleate Esters Market was valued at USD 1,914.01 million in the year 2024. The size of this market is expected to increase to USD 2,484.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.


Oleate Esters Market

*Market size in USD million

CAGR 3.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.8 %
Market Size (2024)USD 1,914.01 Million
Market Size (2031)USD 2,484.99 Million
Market ConcentrationHigh
Report Pages307
1,914.01
2024
2,484.99
2031

Major Players

  • Kuala Lumpur Kepong Berhad
  • Procter & Gamble
  • Emery Oleochemicals
  • Wilmar International Ltd
  • Ecogreen Oleochemicals

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Oleate Esters Market

Fragmented - Highly competitive market without dominant players


The Oleate Esters Market is growing steadily, driven by rising use in bio-based lubricants, cosmetics, and plasticizers. Over 55% of consumption is attributed to personal care and cosmetic products, where their biodegradable and skin-friendly properties make them a preferred choice for high-quality formulations.

Strong Presence in Personal Care
Nearly 48% of demand is from skincare and haircare solutions, where oleate esters function as moisturizing agents and conditioners. Their ability to deliver hydration, improve texture, and enhance product feel has cemented their use in premium cosmetic ranges.

Industrial Usage Driving Expansion
About 42% of application lies in industrial lubricants, solvents, and plasticizers, offering thermal resistance, oxidative stability, and environmental safety. This supports the replacement of conventional petroleum chemicals with renewable alternatives.

Environmental and Biodegradable Edge
Close to 60% of oleate esters incorporated in eco-friendly formulations are valued for their low environmental impact, renewable origin, and safe performance profile. These traits boost adoption in industries aiming for sustainable production practices.

Innovations Increasing Market Potential
Around 38% of new developments include refined synthesis techniques, customized formulations, and advanced oleate ester derivatives that enhance functionality. These technological strides are strengthening their role across specialty chemicals, bio-lubricants, and personal care innovations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Source
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Oleate Esters Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Biodegradability
        2. Environmental Sustainability
        3. Eco-friendly Products
        4. Agricultural Efficiency
      2. Restraints
        1. High Production Costs
        2. Raw Material Availability
        3. Supply Chain Disruptions
        4. Market Competition
      3. Opportunities
        1. Sustainable Solutions
        2. Green Chemistry
        3. Bio-based Product Demand
        4. Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Oleate Esters Market, By Product, 2021 - 2031 (USD Million)
      1. Methyl Oleate
      2. Ethyl Oleate
      3. Butyl Oleate
      4. Tri-methylolpropane Trioleate (TMPTO)
    2. Oleate Esters Market, By Source, 2021 - 2031 (USD Million)
      1. Corn
      2. Granules
      3. Soya
      4. Urea
    3. Oleate Esters Market, By Application, 2021 - 2031 (USD Million)
      1. Agrochemicals
      2. Cosmetics
      3. Lubricant
      4. Plasticizer
      5. Absorbent
    4. Oleate Esters Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kuala Lumpur Kepong Berhad
      2. Procter & Gamble
      3. Emery Oleochemicals
      4. Wilmar International Ltd
      5. Ecogreen Oleochemicals
  7. Analyst Views
  8. Future Outlook of the Market