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Palm Fatty Acid Distillate (PFAD) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23352
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Palm Fatty Acid Distillate (PFAD) Prices September 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Palm Fatty Acid Distillate (PFAD) | Chemicals | Asia Pacific | 1571 USD/MT |
The palm fatty acid distillate (PFAD) prices in Asia Pacific for Q4 2023 reached 1571 USD/MT in September. The Asia Pacific PFAD market was stable, with both demand and supply balanced. India and China maintained the usual levels of palm fatty acid distillate. However, prices began to decrease due to reduced demand and a downturn in global trade activities affecting the region's market dynamics.
Palm Fatty Acid Distillate (PFAD) Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Palm Fatty Acid Distillate (PFAD) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of palm fatty acid distillate (PFAD) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of palm fatty acid distillate (PFAD) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of palm fatty acid distillate (PFAD) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing palm fatty acid distillate (PFAD) price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Palm Fatty Acid Distillate (PFAD) Market Analysis
The global palm fatty acid distillate (PFAD) market size reached US$ 3.556 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5.661 Billion, at a projected CAGR of 5.30% during 2023-2032.
- There is a rise in the demand for biofuels to reduce reliance on fossil fuels and mitigate climate change. The need for PFAD is influenced by its use as a feedstock in the manufacturing of biodiesel. It is a vital feedstock to produce biodiesel, a cleaner and renewable fuel substitute for conventional fossil fuels like diesel. When compared to fossil fuels, biodiesel is more eco-friendly owing to its ability to emit fewer pollutants and greenhouse gases (GHGs) during combustion. Apart from this, the production of biodiesel improves a nation's energy security by reducing reliance on imported fossil fuels.
- PFAD is used to manufacture soaps and detergents because of its high fatty acid content. The market is growing because of the rising demand for cleaning goods as people are becoming more aware about the benefits of maintaining improved hygiene. The worldwide bath soap industry is expected to reach US$ 33.4 billion by 2032, according to the IMARC Group.
- The palm fatty acid distillate (PFAD) demand is further propelled by its utilization in the cosmetics industry. Fatty acids in PFAD function as emollients that helps to smooth and soften skin. PFAD assists in increasing the ability of creams, lotions, moisturizers, and other personal care items to hydrate and moisturize, thereby leaving it feeling smooth and silky on the skin of users. It can also be utilized as a surfactant in personal care products to enhance compositions' spreadability and lower surface tension. Furthermore, in washing products like body washes, face cleansers, and shampoos, surfactants play an essential role in removing oil, grime, and other pollutants from the skin and hair of individuals. In addition, PFAD is beneficial in stabilizing a wider range of cosmetic products by preserving their texture and consistency over a period.
- PFAD finds applications in certain segments like in the production of animal feed or as a minor ingredient in certain food products, contributing to its market demand.
Palm Fatty Acid Distillate (PFAD) News
The report covers the latest developments, updates, and trends impacting the global palm fatty acid distillate (PFAD) market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in palm fatty acid distillate (PFAD) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the palm fatty acid distillate (PFAD) price trend.
Latest developments in the palm fatty acid distillate (PFAD) industry:
- In 16 March 2024, 3F Oil Palm, one of India’s largest oil palm development companies, started the commercial operations of its oil palm processing unit.
Product Description
Palm fatty acid distillate (PFAD) is generated when crude palm oil products undergo physical refining. It has major components such as palmitic acid, oleic acid, triglycerides, partial glycerides, vitamin E, sterols, and squalenese. It is a light brown semi-solid at room temperature. It contains a high level of fatty acids, which makes it appropriate for a variety of uses. It is a more economical choice compared to other oils and fats in industrial operations. In line with this, PFAD can be utilized for producing biodiesel as a feedstock. It is used to create surfactants, which lower the surface tension between two substances and are commonly used in cleaning products, detergents, and personal care products. In addition, it is advantageous for decreasing the amount of waste produced while refining palm oil.
Regional Coverage
The report provides a detailed analysis of the palm fatty acid distillate (PFAD) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the palm fatty acid distillate (PFAD) price trend.
Global Palm Fatty Acid Distillate (PFAD) Price
The report offers a holistic view of the global palm fatty acid distillate (PFAD) pricing trends in the form of palm fatty acid distillate (PFAD) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into palm fatty acid distillate (PFAD) historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into palm fatty acid distillate (PFAD) price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed palm fatty acid distillate (PFAD) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Palm Fatty Acid Distillate (PFAD) Price
The report explores the palm fatty acid distillate (PFAD) pricing trends in Europe, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
This analysis can be extended to include detailed palm fatty acid distillate (PFAD) price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Palm Fatty Acid Distillate (PFAD) Price
The report explores the palm fatty acid distillate (PFAD) pricing trends in North America, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Specific palm fatty acid distillate (PFAD) historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Palm Fatty Acid Distillate (PFAD) Price
The report explores the palm fatty acid distillate (PFAD) pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on palm fatty acid distillate (PFAD) prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Palm Fatty Acid Distillate (PFAD) Price
In the Asia Pacific region, the PFAD market saw a balanced demand and supply initially. Both the Indian and Chinese markets experienced a steady flow of the product, with consumption remaining consistent. However, as the months progressed towards the end of the year, prices began to decline slightly. This dip was coupled with a reduction in end-use demand, reflecting broader shifts in global trade. The overall slump in global trade activity contributed significantly to these changes, impacting the price trends of PFAD in the region.
This palm fatty acid distillate (PFAD) price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Palm fatty acid distillate (PFAD) Price
The analysis of palm fatty acid distillate (PFAD) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Palm Fatty Acid Distillate (PFAD) |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Palm Fatty Acid Distillate (PFAD) Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of palm fatty acid distillate (PFAD) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting palm fatty acid distillate (PFAD) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The palm fatty acid distillate (PFAD) price charts ensure our clients remain at the forefront of the industry.
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