Global Fatty Acid Esters Market to Develop at 4.1% CAGR from 2014 to 2020 and Reach US$2.24 billion by 2020 : Transparency Market Research
Fatty Acid Esters Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
Fatty acid esters are known as oleochemical substances which are natural substitutes to petroleum products. They are formed by a process known as esterfication. The key feedstock required in the production of fatty acid esters includes vegetable oils such as palm oil, sunflower oil and rapeseed oil among others. The usage of vegetable oils and products manufactured from natural raw material has been increasing which thereby has led to increasing demand for fatty acid esters for several applications in the market. Monoglycerides, diglycerides and triglycerides are formed when glycerol is the alcohol component in fatty acid esters. Fatty acid esters are used in a wide range of applications in personal care and cosmetics, food and surfactants among others. Medium chain triglycerides, glyceryl monostearates, isopropyl palmitate and others are the major products of fatty acid esters which are also anticipated to create demand for fatty acid esters in the market.
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This study analyzes, estimates and forecasts the global fatty acid esters market in terms of demand based on volume (Kilo tons) and revenue (US$ Mn) from 2014 to 2020. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
The report provides a detailed view of the fatty acid esters market based on product types and key applications. It segments the market into product types. These include medium chain triglycerides, glyceryl monostearates, isopropyl palmitate and others including polyol esters, glycol esters, sucrose esters, etc. Key application segments include personal care products and cosmetics, lubricants, food, surfactants and others such as pharmaceuticals and paper among others. Furthermore, the report segments the market based on key geographies such as North America, Europe, Asia Pacific and Rest of the World (RoW). It also provides market volume and revenue for each application segment under every regional segment.
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Based on the fatty acid esters application segment, the report analyzes the attractiveness of each segment with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain (from raw material manufacturers to end-users). Additionally, the study analyzes market competition and industry players using Porter’s five forces analysis.
The report includes an overview of the market share of key companies in the global fatty acid esters market. Key market participants profiled in the study include Cargill Incorporated, E.I. DuPont de Nemours and Company, 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 and World Chem Industries. Profiles of key participants comprise parameters such as company overview, product portfolio, financial overview, business strategy and recent developments.
Primary research represents the bulk of our research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.
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Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases and relevant patent and regulatory databases. Some of the other sources include national government documents, statistical databases, and market reports, news articles, press releases and webcasts specific to the companies operating in the market. Secondary sources referred for fatty acid esters study include ICIS, The REACH, WikiGenes, Platemart and company presentations.
The report segments the global fatty acid esters market as:
Fatty Acid Esters Market – Product Segment Analysis
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