The Global Vegetable Based Oleic Acid Market was valued at USD 2.8 Billion in 2023 and is projected to reach USD 4.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This steady expansion is being fueled by rising demand for bio-based ingredients across cosmetics, pharmaceuticals, textiles, and food processing industries, coupled with increasing regulatory support for sustainable and non-animal derived chemicals. Furthermore, the market benefits from strong growth in Asia-Pacific where agricultural feedstocks are abundant and manufacturing capabilities continue to scale.

As consumer preferences shift toward plant-based, biodegradable, and environmentally responsible products, the focus intensifies on oleochemical processors who are innovating in green chemistry and circular economy models. In this analysis, we profile the Top 10 Companies in the Vegetable Based Oleic Acid Industry—a diverse mix of agricultural giants, specialty chemical manufacturers, and biorefinery pioneers that are shaping the future of sustainable ingredients.

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🔟 1. Wilmar Group

Headquarters: Singapore
Key Offering: High-purity vegetable oleic acid, fractionated fatty acids, oleochemical derivatives

Wilmar Group is one of the world’s leading agribusiness companies and a major producer of oleochemicals derived from palm, palm kernel, and other vegetable oils. Their integrated supply chain from plantation to processing ensures consistent quality and volume, making them a preferred supplier to global brands in personal care, home care, and industrial applications.

Sustainability Initiatives:

• Zero-deforestation commitment across supply chain
• RSPO certified sustainable palm oil production
• Investment in advanced biorefining and green chemical technologies

Download FREE Sample Report: Vegetable Based Oleic Acid Market – View in Detailed Research Report

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9️⃣ 2. Eastman

Headquarters: Kingsport, Tennessee, USA
Key Offering: Technical grade vegetable oleic acid, emulsifiers, specialty esters

Eastman is a global specialty materials company that produces vegetable-based oleic acid as part of its comprehensive oleochemical portfolio. Their product range serves diverse applications from plasticizers to lubricants and cosmetic formulations.

Sustainability Initiatives:

• Circular economy approach to chemical manufacturing
• Bio-based product lines with verified renewable carbon content

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8️⃣ 3. Oleon NV

Headquarters: Ertvelde, Belgium
Key Offering: Natural fatty acids, glycerine, biodiesel, bio-lubricants

Oleon specializes in natural, vegetable-based oleochemicals with oleic acid as a core product line. As part of the Avril Group, Oleon leverages European rapeseed and other oilseed crops to produce high-quality fatty acids for demanding industrial applications.

Sustainability Initiatives:

• ISCC PLUS certified bio-based products
• Carbon footprint reduction targets across manufacturing operations

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7️⃣ 4. Lascaray

Headquarters: Spain
Key Offering: Refined vegetable oleic acid, stearic acid, fatty acid distillates

Lascaray is a prominent European oleochemical producer with strong capabilities in fractionation and purification of vegetable-based fatty acids.

Sustainability Initiatives:

• Focus on Mediterranean oil sources including olive and sunflower
• Energy efficiency improvements in distillation processes

Download FREE Sample Report: Vegetable Based Oleic Acid Market – View in Detailed Research Report

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6️⃣ 5. Timur Oleochemicals Malaysia

Headquarters: Malaysia
Key Offering: Palm-based oleic acid, stearic acid, fatty alcohols

Timur Oleochemicals is a key Malaysian producer specializing in fractionated palm fatty acids, including various grades of vegetable-based oleic acid for industrial and consumer applications.

Sustainability Initiatives:

• MSPO certified sustainable palm oil sourcing
• Bio-refinery integration for value-added chemical production

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5️⃣ 6. KLK OLEO Malaysia

Headquarters: Malaysia
Key Offering: High-purity oleic acid, fatty acid methyl esters, glycerine

KLK OLEO is one of the largest sustainable oleochemical producers globally, with comprehensive capabilities in vegetable-based oleic acid manufacturing.

Sustainability Initiatives:

• Integrated sustainability from plantation to finished product
• R&D focus on novel bio-based chemical applications

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4️⃣ 7. Jiangxi Tianyu Oil

Headquarters: China
Key Offering: Vegetable oleic acid, stearic acid, hydrogenated fatty acids

Jiangxi Tianyu Oil is a leading Chinese oleochemical manufacturer with significant production capacity for vegetable-based oleic acid derived from various oilseeds including rapeseed and soybean.

Sustainability Initiatives:

• Expansion of non-palm vegetable oil sources
• Modernization of production facilities for enhanced efficiency and reduced environmental impact

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3️⃣ 8. Zibo Huitong Oil

Headquarters: China
Key Offering: Technical and food grade vegetable oleic acid

As a significant player in China’s oleochemical sector, Zibo Huitong Oil produces a range of vegetable-based fatty acids serving domestic and international markets.

Sustainability Initiatives:

• Implementation of green manufacturing practices
• Water recycling and waste reduction initiatives

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2️⃣ 9. Fucheng Huanyu Oil

Headquarters: China
Key Offering: Fractionated vegetable fatty acids, oleic acid derivatives

Fucheng Huanyu Oil specializes in the production of vegetable-based fatty acids from various oilseeds, catering to industrial and specialty chemical markets.

Sustainability Initiatives:

• Resource efficiency optimization in production processes
• Development of bio-based alternatives to petroleum-derived chemicals

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1️⃣ 10. Croda Sipo

Headquarters: China
Key Offering: High-purity vegetable oleic acid, specialty esters, emulsifiers

Croda Sipo combines Croda’s global specialty chemical expertise with local Chinese manufacturing capabilities to produce high-quality vegetable-based oleic acid for premium applications.

Sustainability Initiatives:

• Bio-based innovation for personal care and pharmaceutical sectors
• Sustainability performance monitoring and reporting

Get Full Report Here: Vegetable Based Oleic Acid Market – View in Detailed Research Report

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🌍 Outlook: The Future of Vegetable Based Oleic Acid is Plant-Based and Sustainable

The vegetable based oleic acid market is experiencing a fundamental transformation toward renewable feedstocks and green chemistry principles. While conventional production methods remain dominant, major investments are being directed toward advanced biorefining technologies, sustainable sourcing certifications, and circular economy models that minimize environmental footprint while maximizing value creation.

📈 Key Trends Shaping the Market:

• Growing consumer preference for natural and plant-derived ingredients in personal care and cosmetics
• Regulatory drivers promoting bio-based products and reducing environmental impact
• Increasing demand for high-purity vegetable oleic acid in pharmaceutical intermediates
• Technological advancements in separation and purification methods that enhance product quality and production efficiency

Get Full Report Here: Vegetable Based Oleic Acid Market – View in Detailed Research Report

The companies profiled above are not only leading producers of essential oleochemicals—they’re advancing the global transition toward sustainable bio-economies through innovation and responsible manufacturing practices.