Fatty Acid Esters Market Analysis by Size, Share, Growth Opportunities and Trends 2021 – 2022
The Fatty Acid Esters Market
report provides a detailed evaluation of the industry by highlighting
information on different aspects which include drivers, restraints, growth
opportunities, and threats. This information can help stakeholders to make
appropriate decisions before investing. It also provides a detailed analysis of
global market size, regional and country-level market size, competitive
landscape, impact of domestic market players and value chain optimization. Furthermore,
it sheds light on the market contribution, recent developments and successful
marketing strategies of leading companies.
Market Insights
Global Fatty Acid Esters market was valued at USD 1,830.2 million in 2014 and is expected to reach USD 2.44 billion by 2022, with a CAGR of 4.6%. Fatty Acid Ester market is expected to witness robust growth over the forecast period owing to the increasing demand in the food industry, cosmetics, and personal care. In the food industry, Medium chain triglycerides (MCT) are used in weight loss programs as they have fat-burning properties and low calorific content.
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In addition, FEAs such
as polyols esters and emollient are gaining importance as they have a positive
impact on the growth of bio-based and natural ingredients in personal care and
cosmetic industry. The natural ingredients used in lotions and creams for infant
care, hair, and skin, helps in substituting synthetic and toxic chemicals which
are harmful for the personal use. Also, the fatty acid ester from natural
ingredients are inexpensive as compared petroleum-based and synthetic
chemicals. The manufacturers and consumers are progressively adopting these
products so as to prevent from high production cost and various climatic
changes.
The rising obesity and
growing concern related to beauty and fitness are the factors projected to
stimulate the market growth. Moreover, the regulatory policies and escalating
consumer awareness level regarding bio-based products and polymers are the key
factors presumed to drive the development of this industry. Technological
advancement is one of the vital factors expected to increase the efficiency and
production of FEAs owing to genetic engineering. Furthermore, the evolving
fatty profiles of vegetable oils such as sunflower oil, palm oil and canola and
the introduction of high-yielding crops are estimated to escalate the production
of FEAs.
Global Fatty Acid Esters Product Outlook (Volume, Kilo Tons; Revenue,
USD Million, 2012 - 2022)
• Medium Chain Triglycerides
• Glycerol Monostearate
• Isopropyl Esters (Palmitate &
Myristate)
• Others
Global Fatty Acid Esters Application Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2012 - 2022)
• Personal Care & Cosmetics
• Lubricants
• Food Processing
• Surfactants & Detergents
• Pharmaceuticals
• Others
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Key Players Analysis covered in these report
• DuPont
• P&G Chemicals
• Evonik Industries
• Cargill
• Fine Organics
• Estelle Chemicals and many others
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