According to our (Global Info Research) latest study, the global Palm Industrial Oil market size was valued at US$ 26580 million in 2024 and is forecast to a readjusted size of USD 35800 million by 2031 with a CAGR of 4.4% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Palm oil is a type of edible vegetable oil derived from the fruit of the oil palm tree (Elaeis guineensis). It is widely used in various food and non-food applications. When used in industrial settings and applications, it is often referred to as industrial palm oil.
The global palm industrial oil market plays a significant role in various industries, including biofuels, cosmetics, pharmaceuticals, and industrial applications. Palm oil is a versatile and widely used vegetable oil, and its industrial applications contribute to its substantial market presence.
Key factors driving the global palm industrial oil market include:
Biofuels Demand: The increasing focus on renewable energy sources has led to a growing demand for palm oil in the production of biodiesel and other biofuels. This has made palm oil a crucial component of the global biofuels market.
Cosmetic and Personal Care Industry: Palm oil is extensively used in the formulation of soaps, shampoos, lotions, and other personal care products, driving its demand in the global cosmetics industry.
Pharmaceutical Applications: The pharmaceutical industry utilizes palm oil and its derivatives in the production of various pharmaceutical products, adding to the demand for palm industrial oil globally.
Industrial Lubricants and Surfactants: Palm oil serves as a key raw material in the manufacturing of industrial lubricants and surfactants, contributing to its market presence in industrial applications.
Global Supply Chain: The production of palm oil is concentrated in regions such as Southeast Asia, with major producers including Indonesia and Malaysia. The global palm industrial oil market is influenced by supply dynamics, trade patterns, and market competition among key industry players.
This report is a detailed and comprehensive analysis for global Palm Industrial Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Palm Industrial Oil market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Palm Industrial Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Palm Industrial Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Palm Industrial Oil market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Palm Industrial Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Palm Industrial Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cargill, Bunge Limited, Wilmar International, Louis Dreyfus Company, Archer Daniels Midland, Buhler Group, Gemtek Products, IOI Corporation Berhad, Sime Darby Plantation, Golden Agri-Resources (GAR), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Palm Industrial Oil market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Grade I (Light)
Grade II (Medium)
Grade III (Heavy)
Market segment by Application
Biofuel
Paints and Coatings
Cosmetics and Personal Care
Pharmaceuticals
Others
Major players covered
Cargill
Bunge Limited
Wilmar International
Louis Dreyfus Company
Archer Daniels Midland
Buhler Group
Gemtek Products
IOI Corporation Berhad
Sime Darby Plantation
Golden Agri-Resources (GAR)
Musim Mas Group
United Palm Oil Industry Public Company Limited (UPOIC)
KLK (Kuala Lumpur Kepong) Berhad
Fuji Oil Holdings Inc.
Godrej Industries Limited
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Palm Industrial Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Palm Industrial Oil, with price, sales quantity, revenue, and global market share of Palm Industrial Oil from 2020 to 2025.
Chapter 3, the Palm Industrial Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Palm Industrial Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Palm Industrial Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Palm Industrial Oil.
Chapter 14 and 15, to describe Palm Industrial Oil sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Palm Industrial Oil. Industry analysis & Market Report on Palm Industrial Oil is a syndicated market report, published as Global Palm Industrial Oil Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Palm Industrial Oil market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.