Methyl Oleate Market

By Product Type;

99% Purity and 70% Purity

By Application;

Agrochemicals, Metal Working Fluid, Cleaning Chemical, Printing Inks and Others

By Source;

Palm Oil, Canola Oil, Soyabean Oil and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn365292029 Published Date: September, 2025 Updated Date: October, 2025

Methyl Oleate Market Overview

Methyl Oleate Market (USD Million)

Methyl Oleate Market was valued at USD 2,120.56 million in the year 2024. The size of this market is expected to increase to USD 2,921.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.


Methyl Oleate Market

*Market size in USD million

CAGR 4.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.7 %
Market Size (2024)USD 2,120.56 Million
Market Size (2031)USD 2,921.74 Million
Market ConcentrationHigh
Report Pages324
2,120.56
2024
2,921.74
2031

Major Players

  • KLK OLEO
  • Acme Synthetic Chemicals
  • Hebei Jingu Plasticizer
  • Victorian Chemical Company
  • Tri-Tech Chemical Company
  • Wuhan Spring Pharmaceutical Technology
  • Longhai ShengwuKLK OLEO
  • Acme Synthetic Chemicals
  • Hebei Jingu Plasticizer
  • Victorian Chemical Company
  • Tri-Tech Chemical Company
  • Wuhan Spring Pharmaceutical Technology
  • Longhai Shengwu
  • Jinrui Lvyuan Biological

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Methyl Oleate Market

Fragmented - Highly competitive market without dominant players


The Methyl Oleate Market is witnessing robust growth as industries adopt renewable and eco-conscious solutions. Known for its biodegradability and environmentally safe profile, methyl oleate is gaining traction across multiple sectors. Close to 45% of chemical producers are now transitioning toward bio-based esters, highlighting its rising importance in achieving sustainability goals. Its diverse applications in agrochemicals, lubricants, and industrial solvents further reinforce its market relevance.

Key Growth Drivers
The increasing shift toward green alternatives has significantly boosted the use of methyl oleate. Nearly 40% of industries in the chemical sector are adopting it to replace traditional petrochemicals. Agrochemical usage alone represents nearly 30% of total demand, as methyl oleate is considered a safe solvent and emulsifier. These factors showcase its expanding role in promoting safer and cleaner industrial practices.

Innovation and Technological Advancements
Technological improvements in processing methods are refining methyl oleate’s performance, purity, and versatility. Close to 50% of newly introduced formulations emphasize improved product stability. Collaborative initiatives between manufacturers and R&D bodies are also spurring innovation, leading to broader adoption in coatings, textiles, and cosmetics. This strong innovation pipeline makes methyl oleate a sustainable solution with growing industrial appeal.

Strategic Expansion and Collaborations
The industry is seeing notable collaborations and capacity expansions, strengthening the global methyl oleate supply base. Nearly 35% of producers have invested in partnerships to widen their production reach and optimize distribution. This strategy not only ensures product availability but also accelerates its integration into high-demand industries, reinforcing methyl oleate’s pivotal role in advancing bio-based solutions.

  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 Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Source
    4. Market Snapshot, By Region
  4. Methyl Oleate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Eco-friendly Demand
        2. Agricultural Applications Growth
        3. Cosmetic Industry Expansion
        4. Technological Advancements
      2. Restraints
        1. Raw Material Availability
        2. Production Costs Fluctuations
        3. Limited Awareness Issues
        4. Substitute Products Competition
      3. Opportunities
        1. Emerging Markets Penetration
        2. Regulatory Support Increase
        3. New Applications Exploration
        4. Sustainable Practices Adoption
    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. Methyl Oleate Market, By Product Type, 2021 - 2031 (USD Million)
      1. 99% Purity
      2. 70% Purity
    2. Methyl Oleate Market, By Application, 2021 - 2031 (USD Million)
      1. Agrochemicals
      2. Metal Working Fluid
      3. Cleaning Chemical
      4. Printing Inks
      5. Others
    3. Methyl Oleate Market, By Source, 2021 - 2031 (USD Million)
      1. Palm Oil
      2. Canola Oil
      3. Soyabean Oil
      4. Others
    4. Methyl Oleate 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. KLK OLEO
      2. Wilmar International
      3. Cargill
      4. Acme Synthetic Chemicals
      5. Tokyo Chemical Industry Co., Ltd.
      6. Hebei Jingu Plasticizer Co., Ltd.
      7. Victorian Chemical Company
      8. Tri-Tech Chemical Company
      9. Wuhan Spring Pharmaceutical Technology
      10. Longhai Shengwu
      11. Jinrui Lvyuan Biological
      12. Croda International
      13. IOI Oleochemical
      14. Stepan Company
      15. BASF
  7. Analyst Views
  8. Future Outlook of the Market