The fattyacid esters market is estimated to reach a value of USD 3.13 billion by 2028and is expected to grow at a compound annual growth rate of 4.00% for theforecast period of 2021 to 2028. DataBridge Market Research report on fatty acid esters market provides analysis andinsights regarding the various factors expected to be prevalent throughout theforecasted period while providing their impacts on the market’s growth.
Fatty acidesters are a type of ester that is obtained from the combination of a fattyacid with an alcohol. When the alcohol component is glycerol, and the fattyacid esters produced can be diglycerides, monoglycerides or triglycerides.
Global FattyAcid Esters Market, By Product Type (Medium Chain Triglycerides (MCT), GlycerylMonostearate, Isopropyl Esters, Polyol Esters, Sucrose Esters, Glycol Esters,Others), Application (Personal Care and Cosmetics, Lubricants, Food Processing,Surfactants and Detergents, Pharmaceuticals, Others), Country (U.S., Canada,Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K.,Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe,Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand,Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, SouthAfrica, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to2028
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The increasein vegetable fats and oils consumption is likely to influence the growth of thefatty acid esters market. In line with this, the rapid change in the consumerbehavior regarding health and lifestyle is also acting as a key determinantwhich will favor the growth of the fatty acid esters market over the forecastperiod of 2021 to 2028. Furthermore, the high demand from food industry acrossthe globe and as well as rise in the demand for personal care products andrapid increase in the demand of the derivatives of fatty acid esters innumerous end-use industries are also expected to positively impact the growthof the fatty acid esters market. The major factor which is expected to forwardthe growth of the market is the enduring and upcoming oil and gas projects.
However, thehigh demand for synthetic lubricants and insufficient availability of all typesof feedstock are expected to act as key restraint towards fatty acid estersmarket growth rate in the forecast period of 2021 to 2028. Whereas, the easyavailability of raw materials in emerging regions resulting in overcapacity andavailability of cheap substitutes are expected to challenge the growth of thefatty acid esters market in the above mentioned forecast period.
Furthermore,the rise in awareness and preference towards biodiesels and the rapid shift inpreference of bio-based raw materials for polymer manufacturing are expected tooffer a variety of growth opportunities for the fatty acid esters market in theabove mentioned forecast period.
This Global fattyacid esters market report provides details of new recent developments, traderegulations, import export analysis, production analysis, value chainoptimization, market share, impact of domestic and localized market players,analyses opportunities in terms of emerging revenue pockets, changes in marketregulations, strategic market growth analysis, market size, category marketgrowths, application niches and dominance, product approvals, product launches,geographical expansions, technological innovations in the market. To gain moreinfo on the fatty acid esters market contact Data Bridge Market Research for anAnalyst Brief, our team will help you take an informed market decision toachieve market growth.
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The fattyacid esters market is segmented on the basis of product type and application.The growth amongst the different segments helps you in attaining the knowledgerelated to the different growth factors expected to be prevalent throughout themarket and formulate different strategies to help identify core applicationareas and the difference in your target markets.
Based onproduct type, the fatty acid esters market is segmented into medium chaintriglycerides (MCT), glyceryl monostearate, isopropyl esters, polyol esters,sucrose esters, glycol esters and others. Isopropyl esters have further beensegmented into myrsitate and palmitate.
Theapplication segment for fatty acid esters market is segmented into personal careand cosmetics, lubricants, food processing, surfactants and detergents,pharmaceuticals and others.
The fattyacid esters market is analyzed and market size, volume information is providedby country, product type and application as referenced above.
Thecountries covered in the market report are U.S., Canada and Mexico in NorthAmerica, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia,Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, SouthKorea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Restof Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel,Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of MiddleEast and Africa (MEA), Brazil, Argentina and Rest of South America as part ofSouth America.
NorthAmerica leads the fatty acid esters market because of the high standards ofliving and rise in focus on beauty and appearance due to social media influenceas well as the rapid chage in consumer perceptions. Asia-Pacific is expected toexpand at a significant growth rate over the forecast period of 2021 to 2028due to the increase in the industrial output and rise in population, particularlyin China and India.
The countrysection of the report also provides individual market impacting factors andchanges in regulation in the market domestically that impacts the current andfuture trends of the market. Data points such as consumption volumes,production sites and volumes, import export analysis, price trend analysis,cost of raw materials, down-stream and upstream value chain analysis are someof the major pointers used to forecast the market scenario for individualcountries. Also, presence and availability of global brands and theirchallenges faced due to large or scarce competition from local and domesticbrands, impact of domestic tariffs and trade routes are considered whileproviding forecast analysis of the country data.
The fattyacid esters market competitive landscape provides details by competitor.Details included are company overview, company financials, revenue generated,market potential, investment in research and development, new market initiatives,global presence, production sites and facilities, production capacities,company strengths and weaknesses, product launch, product width and breadth,application dominance. The above data points provided are only related to thecompanies’ focus related to fatty acid esters market.
The majorplayers covered in the fatty acid esters market report are Cargill,Incorporated, Arkema, DuPont, Evonik Industries AG, Estelle Chemicals Pvt.Ltd., Faci Asia Pacific Pte Ltd., Procter & Gamble, The Seydel CompaniesInc., Fine Organics, Oleon NV., KLK OLEO, Stepan Company, STEARINERIE DUBOIS,Zhengzhou Yibang Industry & Commerce Co.,Ltd., Tokyo Chemical Industry Co.Ltd, Merck KGaA, ADM, WilmarInternational Ltd., Berg + Schmidt GmbH & Co. KG and Alnor Oil Companyamong other domestic and global players. Market share data is available forglobal, North America, Europe, Asia-Pacific (APAC), Middle East and Africa(MEA) and South America separately. DBMR analysts understand competitivestrengths and provide competitive analysis for each competitor separately.
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