The Global fatty acid ester market is accounted for US$ 2,505.2 MN in terms of value by the end of 2022. Fatty acid esters is produced via the reaction between alcohol & fatty acid. It is derived from vegetable oils & animal tallow. Fatty acid esters are esters that have low volatility compared as compared to traditional solvent. Due to this, they are widely used as a solvent in paints &coatings applications. They are produced with the reaction between fatty acids & alcohols. Vegetable oils & animal fats are key raw materials used in the production of fatty acid esters.
Market Dynamics
Increasing use of fatty acid ester in personal care products such as shampoos, shower gel, conditioners, & cosmetic products such as lipsticks & blush is expected to increase the dem& for the market over the forecast period. Moreover, strong dem& for fatty acid esters from the food & beverage industry is further expected to increase market growth.
Increasing awareness regarding the benefits of natural esters among the end-user is projected to foster the market growth of the fatty acid esters in the near future. Moreover, growing consumer preference towards natural ingredients is anticipated to boost product dem&.
Key features of the study:
- This report provides in-depth analysis of global fatty acid ester market size (US$ Million & Kilo Tons), & Compound Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments & explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, & competitive strategies adopted by the leading players
- It profiles leading players in the global fatty acid ester market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments & strategies, & future plans
- Key companies covered as a part of this study includes Cargill Incorporated, E.I du Pont Nemours & Company (DuPont), Estelle Chemicals Pvt. Ltd., Evonik Industries, Faci Asia Pacific Pte Ltd., Fine Organic, KLK Oleo, Oleon NV, Procter & Gamble (P&G) Chemicals, The Seydel Companies, Inc., & World Chem Industries.
- Insights from this report would allow marketers & the management authorities of companies to make informed decision regarding their future product launches, product up-gradation, market expansion, & marketing tactics
- The global fatty acid ester market report caters to various stakeholders in this industry including investors, suppliers, global fatty acid ester manufacturers, distributors, new entrants, & financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global fatty acid ester market
Detailed Segmentation:
- Global Fatty Acid Ester Market, By Product Type:
- Medium Chain Triglyceride Oil
- Glyceryl Monostearate
- Isopropyl Palmitate
- Others
- Global Fatty Acid Ester Market, By Application:
- Personal Care Products & Cosmetics
- Lubricants
- Food
- Surfactants
- Others
- Global Fatty Acid Ester Market , By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Cargill Incorporated
- I. du Pont de Nemours & Company (DuPont)
- Estelle Chemicals Pvt. Ltd.
- Evonik Industries
- Faci Asia Pacific Pte Ltd
- Fine Organics
- KLK Oleo
- Oleon NV
- Procter & Gamble (P&G) Chemicals
- The Seydel Companies, Inc.
- World Chem Industries