The biodiesel industry is expected to become a major source of revenue for industrial oil manufacturers in the next few years due to its reduced impact on the environment. Due to the development of the chemical, biodiesel and cosmetics industries, the industrial sectors of emerging countries in the Asia-Pacific region are also growing, of which China and India are the hubs of industrial oils. The industrial oil market is divided into soybeans, corn, sunflower, cottonseed, rapeseed, palm and others (olive oil, safflower, copra, peanut, linseed / flaxseed and grapeseed). The palm oil market is expected to account for the largest share of the global market in 2019. The Asia Pacific market has witnessed rapid growth in Indonesia and Malaysia, which account for more than 85% of global palm oil. This provides growth opportunities for palm oil manufacturers in these countries as they can export and use them domestically in industries such as biofuels.

The global Palm Industrial Oil market is valued at US$ xx million in 2020 is expected to reach US$ xx million by the end of 2026, growing at a CAGR of xx% during 2021-2026.
This report focuses on Palm Industrial Oil volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Palm Industrial Oil market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Palm Industrial Oil market is segmented into
Grade I (Light)
Grade II (Medium)
Grade III (Heavy)

Segment by Application
Biofuel
Paints and Coatings
Cosmetics and Personal Care
Pharmaceuticals
Others

Global Palm Industrial Oil Market: Regional Analysis
The Palm Industrial Oil market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Palm Industrial Oil market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global Palm Industrial Oil Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Palm Industrial Oil market include:
Cargill
Bunge Limited
Wilmar International
Louis Dreyfus Company
Archer Daniels Midland
Buhler Group
Gemtek Products