How big is the Oleic Acid Market | Manufacturers and Suppliers 2025

Code: MTA8486 Publication Date: Sep 2025

What is the size of Oleic Acid Market?

According to 6Wresearch internal database and industry insights, the Global  Oleic Acid Market was valued at USD 4 Billion in 2024 and is expected to reach USD 7 Billion by 2031, growing at a CAGR of 6.8% during the 2025-2031.

Growing demand from the personal care and cosmetics sector, increasing use in food processing, and widening use of oleic acid in industrial lubricants, coatings, and chemical intermediates are the key facilitators of this growth.

Growth Factors for Oleic Acid Industry

  • Rising adoption of oleic acid as an emulsifier in skincare and haircare products
  • High demand for oleic acid in food manufacturing due to its stability and health attributes
  • Expanding usage in lubricants and metalworking fluids for corrosion resistance
  • Increased production of bio-based surfactants using oleic acid derivatives
  • Innovation in oleic acid extraction methods and purification processes

Oleic Acid Market Trends

The Oleic Acid Market is experiencing a variety of trends that display its diversification across end-use industries. Trends in natural ingredients and sustainability are forcing manufacturers to use plant-derived oleic acid, especially that from palm and sunflower oils. Applications in pharmaceutical formulations, dietary supplements, and personal care products continue to see a steady increase overall. Another important trend occurring in the Oleic Acid Market is the increasing demand for high-purity oleic acid used for specialty chemical manufacturing. Market participants are investing in refining and purifying technology. The rising awareness of health is forcing food manufacturers to use oils that are rich in oleic acid to replace saturated fat.

Emerging Developments in the Oleic Acid Market

The Oleic Acid Market continues to improve through strategic developments, including process optimization and technological advancements. Manufacturers have been utilizing fractional and molecular distillation to produce higher purity grades. There is also increasing attention on converting oleic acid into other value-added products such as esters and amides. Other developments include vertical integration of oleochemical companies to provide better control over the sourcing of raw materials. Companies are also expanding their product ranges to develop bespoke oleic formulations for use in cosmetics, lubricants, and agrochemical applications. These developments will influence oleic acid's unique value chain and application reach.

List of Leading Companies in the Oleic Acid Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Emery Oleochemicals

Company NameEmery Oleochemicals
Established Year2008
HeadquartersCincinnati, United States
Official WebsiteClick Here

Emery Oleochemicals is a major supplier of oleic acid, offering high-purity grades for industrial and personal care use.

2. Wilmar International

Company NameWilmar International
Established Year1991
HeadquartersSingapore
Official WebsiteClick Here

Wilmar International produces a range of oleochemicals including oleic acid derived from vegetable oils.

3. KLK OLEO

Company NameKLK OLEO
Established Year1991
HeadquartersSelangor, Malaysia
Official WebsiteClick Here

KLK OLEO offers oleic acid products for food, cosmetic, and pharmaceutical applications.

4. BASF SE

Company NameBASF SE
Established Year1865
HeadquartersLudwigshafen, Germany
Official WebsiteClick Here

BASF produces oleic acid as part of its performance chemicals portfolio, serving multiple industries.

5. Godrej Industries

Company NameGodrej Industries
Established Year1963
HeadquartersMumbai, India
Official WebsiteClick Here

Godrej Industries manufactures oleic acid used in soaps, detergents, and cosmetic formulations.

6. Cargill Inc.

Company NameCargill Inc.
Established Year1865
HeadquartersMinnesota, United States
Official WebsiteClick Here

Cargill offers oleic acid derived from plant oils, widely used in food and chemical sectors.

7. Vantage Specialty Chemicals

Company NameVantage Specialty Chemicals
Established Year2008
HeadquartersIllinois, United States
Official WebsiteClick Here

Vantage provides oleic acid for personal care, lubricants, and industrial formulations.

8. Oleon NV

Company NameOleon NV
Established Year1950
HeadquartersErtvelde, Belgium
Official WebsiteClick Here

Oleon manufactures natural oleic acid for cosmetics, coatings, and lubricants.

9. IOI Oleochemical Industries Berhad

Company NameIOI Oleochemical Industries Berhad
Established Year1980
HeadquartersSelangor, Malaysia
Official WebsiteClick Here

IOI produces oleic acid under its wide range of oleochemical products used in various sectors.

10. Twin Rivers Technologies

Company NameTwin Rivers Technologies
Established Year1994
HeadquartersQuincy, United States
Official WebsiteClick Here

Twin Rivers Technologies supplies fatty acids including oleic acid for household, cosmetic, and industrial use.

How big is the Oleic Acid Market : FAQs

The Oleic Acid Market is projected to exceed USD 7 Billion by 2031.
Trends include the growth in demand for high-purity oleic acid, movement to plant based sources, and greater acceptance for use in sustainable products formulations.
The Asia-Pacific and North American regions are much stronger players because of a great industrial base and strong growth in demand for oleochemicals in various industries.
Some of the major players include Emery Oleochemicals, Wilmar International, KLK OLEO, BASF SE, and Godrej Industries.
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