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According to a new market report published by Transparency Market Research ‘Global Oleochemicals Market (Glycerine, Fatty Acids, Fatty Alcohols), Downstream Application Potential, 2010 – 2018’, the global market for oleochemicals was estimated to be over 13Mt in 2010, which is expected to reach 15Mt by 2018, growing at a CAGR of around 6.0% from 2013 to 2018. Asia Pacific is the fastest growing market for oleochemicals, growing at a CAGR of 8.2% from 2013 to 2018. Asia Pacific also accounted for more than 60% of the global capacity for oleochemicals in 2011. Europe was the second largest market with 18%.