India Oleochemicals Market Trends: Innovations Reshaping the Industry
The India Oleochemicals Market is steadily cementing its position in the global landscape, leveraging its abundant raw materials, evolving regulatory frameworks, and expanding domestic demand. With a market value of USD 1.76 billion in 2023, it is forecast to register a CAGR of 3.76% through 2029. This growth trajectory reflects the rising substitution of petrochemical-based products with bio-based chemicals that are renewable, biodegradable, and aligned with environmental goals.