Dublin, Sept. 21, 2020 (GLOBE NEWSWIRE) -- The "Fatty Acid Ester Market Size, Share & Trends Analysis Report by Product (Glyceryl Monostearate, MCTs), by Application (Personal Care & Cosmetics, Food Processing), and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.
The global fatty acid ester market size is anticipated to reach USD 3.2 million by 2027 registering a CAGR of 4.5%
Fatty Acid Ester Market Report Highlights
- In 2019, personal care & cosmetics emerged as the largest application segment, as the product is widely used in various skin creams and lotions
- In 2019, North America was the largest regional market owing to increased cases of obesity in U.S. and consumer awareness regarding the health benefits of the product, especially in weight loss programs
- Changing lifestyles and perceptions regarding beauty & appearance owing to influence of social media and promotional campaigns by major market participants are also expected to boost product demand
Fatty acid ester is basically oleochemical, processed from organic plant and animal sources. Increasing consumer preference for natural ingredients and process sustainability in personal care, food, and other sectors is anticipated to boost product demand.
The market dynamics are heavily dependent on global oil and fat consumption and regulations formulated on their manufacturing technologies and raw materials used. Fatty acids contain chemicals that could cause detrimental health effects in case of high intake. Hence, to a certain extent, regulatory policies preventing hazardous chemicals being used in the food and direct contact applications are expected to challenge the industry growth.
On the contrary, with a shifting trend towards developing bio-based materials, the product also expected to witness high growth, in terms of development. Fatty acid ester and other oleochemicals have gained significance in the global market owing to their functional efficiency, performance, biodegradability & sustainability. Emerging economies of Asia and South America are registering a significant industrial output owing to augmented economic activities, thus resulting in the growth of the manufacturing sector.
Major corporations that are dominant in North America and Europe are gradually shifting their production capabilities to cater to high potential markets in Asia Pacific and South America. In addition, favorable government regulations and support, such as tax incentives, encouraging the usage of renewable resources & biofuels are also predicted to be a key driver for market growth over the forecast period.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
2.2 Market Snapshot
2.3 Segmental Outlook
2.4 Competitive Insights
Chapter 3 Fatty Acid Ester Market: Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trends
3.3.2 Manufacturing Trends
3.4 Price Trend Analysis
3.5 Key Opportunities Prioritized
3.6 List Of Key End-Users
3.7 Regulatory Framework
3.8 Market Dynamics
3.8.1 Market Driver Analysis
3.8.1.1 Increasing Vegetable Fats And Oils Consumption
3.8.1.2 Changing Consumer Behavior Regarding Health & Lifestyle
3.8.2 Market Restraint Analysis
3.8.2.1 Growing Demand For Synthetic Lubricants
3.8.3 Industry Challenges
3.9 Business Environment Analysis
3.9.1 Industry Analysis - Porter's
3.9.1.1 Threat Of New Entrants
3.9.1.2 Bargaining Power Of Buyers
3.9.1.3 Competitive Rivalry
3.9.1.4 Bargaining Power Of Suppliers
3.9.1.5 Threat Of Substitutes
3.9.2 Pestel Analysis
3.9.2.1 Political
3.9.2.2 Economical
3.9.2.3 Social
3.9.2.4 Technological
3.9.2.5 Environmental
3.9.2.6 Legal
Chapter 4 Fatty Acid Ester Market: Product Estimates & Trend Analysis
4.1 Product Movement Analysis & Market Share, 2019 & 2027 (Kilotons) (USD Million)
4.2 Fatty Acid Ester Market Size & Forecasts And Trend Analysis, By Product, 2016-2027 (Kilotons) (USD Million)
4.2.1 Medium Chain Triglycerides (Mct)
4.2.2 Glyceryl Monostearate
4.2.3 Isopropyl Esters
4.2.4 Polyol Esters
4.2.5 Sucrose Esters
4.2.6 Glycol Esters
4.2.7 Others
Chapter 5 Fatty Acid Ester Market: Application Estimates & Trend Analysis
5.1 Application Movement Analysis & Market Share, 2019 & 2027 (Kilotons) (USD Million)
5.2 Fatty Acid Ester Market Size & Forecasts And Trend Analysis, By Application, 2016-2027 (Kilotons) (USD Million)
5.2.1 Personal Care & Cosmetics
5.2.2 Lubricants
5.2.3 Food Processing
5.2.4 Surfactants & Detergents
5.2.5 Pharmaceuticals
5.2.6 Others
Chapter 6 Fatty Acid Ester Market: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
7.1 Vendor Landscape
7.2 Competitive Market Environment
7.3 Company Market Positioning
7.4 Strategy Framework
Chapter 8 Company Profiles
- Cargill, Incorporated
- Arkema
- DuPont
- Evonik Industries
- Estelle Chemicals Pvt. Ltd.
- Faci Asia Pacific Pte. Ltd.
- P&G Chemicals
- The Seydel Companies Inc.
- Fine Organics
- Oleon N.V.
- KLK Oleo
- World Chem Industries
- Stepan Company
- Starinerie Dubois
- Metroshen International Corporation
- Zhengzhou Yi Bang Industry Co. Ltd.
- A.B. Enterprises
For more information about this report visit https://www.researchandmarkets.com/r/tnv6f0
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