Oleic Resin Market
Oleic Resin Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Oleic Resin Market Size and Growth
The Oleic Resin market is experiencing significant growth, driven by increasing demand in adhesives, coatings, and sealants. As of 2023, the market size is estimated at approximately $1.2 billion, with a projected CAGR of 6.5% over the next five years, fueled by advancements in bio-based polymers and sustainability trends.
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Companies Covered (Covid 19 Impact Covered)
◍ Universal Oleoresins
◍ Ungerer & Company
◍ Akay
◍ Synthite
The Oleic Resin Market features key players like Universal Oleoresins, Akay, and Synthite, utilizing oleic resin in various applications including food, pharmaceuticals, and cosmetics. Their innovative products and strong distribution networks enhance market growth. Notable sales revenues include:
- Synthite: $200 million
- Universal Oleoresins: $50 million
◍ AVT Natural Products Limited (AVT NPL)
- AVT NPL: $75 million.
◍ Indo World
◍ Paprika Oleo’s
◍ Paras Perfumers
◍ Manohar Botanical Extracts
◍ Ambe Group
◍ Gurjar Phytochem
◍ Naturite Agro Products
◍ MRT Organic Green Products
◍ Nature Plus Herbal Cosmetics
◍ Cymbio Pharma
◍ All-Season Herbs
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Market Segmentation
By Application
Food & Beverages
Flavors
Pharmaceuticals
Others
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By Product
Paprika
Black Pepper
Capsicum
Turmeric
Ginger
Garlic
Onion
Others
Market Growth
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$ X Billion USD
