Global Fatty Acid Esters Market to Grow at 4.5% During 2022-2027, Impelled by Growing Preference for Biodiesel

December 01, 2022

According to the latest report by IMARC Group, titled "Fatty Acid Esters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global fatty acid esters market to grow a CAGR of 4.5% during 2022-2027. Fatty acid esters are industrial products that are produced by dehydrating alkyl alcohol and fatty acids. Additionally, they are renewable in nature since the majority of the products are generated from the kernel, palm, tallow, sunflower, soya and tall oil. They belong to a group of fatty acids that has potential anti-diabetic and anti-inflammatory effects. They have become popular since they are resistant to oxidation, exhibit lubricating properties and have low volatility and renewable content. As a result, they are widely utilized across the globe in the manufacturing of cosmetics, foodstuffs, personal care items, paper, synthetic lubricants and metal working fluids.  

Global Fatty Acid Esters Market Trends:

The global market is primarily driven by widespread product adoption across the industrial sector. Along with this, the growing preference for biodiesel due to an enhanced focus on sustainable development is providing a boost to the uptake of fatty acid esters. In line with this, numerous initiatives undertaken by the governments of several countries to promote the adoption of sustainable products are propelling the market favorably. Moreover, the rising investments by public and private agencies to upgrade the overall pharmaceutical industry is providing lucrative growth opportunities in the market. Apart from this, the increasing product utilization in the formulation of numerous cleaning products, including detergents and soaps, is creating a positive market outlook. Additionally, the rising adoption of cosmetics and skin care products among the masses are catalyzing the demand for fatty acid esters on the global level. Furthermore, the escalating manufacturing and sales of commercial and personal vehicles are acting as growth-inducing factors. Other factors, including rapid urbanization and industrialization, continual improvements in the chemical sector and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market.   

Market Summary:

  • On the basis of the product, the market has been segmented into medium chain triglycerides (MCT), glyceryl monostearate, isopropyl esters, polyol esters, sucrose esters, glycol esters and others.
  • Based on the application, the market has been segregated into personal care and cosmetics, lubricants, food processing, pharmaceuticals and others.
  • On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include Arkema S.A, Cargill Inc., DuPont de Nemours Inc., Estelle Chemicals Pvt. Ltd., Evonik Industries AG (RAG-Stiftung), Faci Asia Pacific Pte. Ltd., Fine Organics, Oleon NV., P&G Chemicals (The Procter & Gamble Company), Stéarinerie Dubois, Stepan Company and The Seydel Companies Inc.
     

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste 
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Fatty Acid Esters Market to Grow at 4.5% During 2022-2027, Impelled by Growing Preference for Biodiesel
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More