Fatty Acid Methyl Esters Market, by Source (Vegetable Oils, Animal Fats, and Used Cooking Oils), by Product Type (Methyl Oleate, Methyl Laurate, Methyl Myristate, Methyl Caprate, Methyl Stearate and Others (Methyl Palmitate, Coconut Methyl Esters, etc.)),

Fatty Acid Methyl Esters Market, by Source (Vegetable Oils, Animal Fats, and Used Cooking Oils), by Product Type (Methyl Oleate, Methyl Laurate, Methyl Myristate, Methyl Caprate, Methyl Stearate and Others (Methyl Palmitate, Coconut Methyl Esters, etc.)), by Application (Fuels, Paints & Coatings, Food Additives, Detergents & Surfactants, Lubricants & Metalworking Fluids, Agrochemicals, Personal Care & Cosmetics and Others (Wetting Agents, Plasticizers, etc.)), and by Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

FAME (fatty acid methyl ester) is a form of fatty acid ester produced by transesterifying fats with methanol. The primary molecules in biodiesel are FAME, which are obtained by transesterification from vegetable oils. When base chemicals like sodium methoxide, potassium hydroxide, or sodium hydroxide are present, an alkali-catalyzed reaction between methanol and lipids produces FAME, which is employed in the manufacturing of biodiesel and detergents. The most widely accessible biodiesel type in the marine industry is FAME-based biofuel, which is typically blended with regular marine diesel. FAME's application in the food industry as a thickening & emulsifying agent is expected to drive the market growth during the forecast period.
Market Dynamics
Growing demand for fatty acid methyl ester from various end-use industries is expected to benefit the global fatty acid methyl esters market. Fatty acid methyl ester is the most preferred alternative to conventional mineral-based products for applications in lubricants, paints & coatings, food & agriculture, detergent & surfactants, metal working, emulsifiers, and others. This is owing to its superior properties such as high lubricity, excellent solubility inorganic solvents, high boiling points, non-toxicity, and biodegradability. Additionally, growing demand for fatty acid methyl ester in agrochemicals such as pesticide and fertilizer preparation is anticipated to further drive the fatty acid methyl ester market growth. Thus, the aforementioned properties and applications are expected to be key factors driving the global fatty acid methyl ester market growth over the forecast period.
However, the market's growth is expected to be restrained by high manufacturing costs due to unpredictable prices of raw materials and the global outbreak of coronavirus. Fatty acid esters required high processing cost. As a result, emerging nations such as Asia Pacific and the Middle East and Africa are still not able to employ high-cost technologies, which could limit the market for fatty acid esters.
Key features of the study:
This report provides an in-depth analysis of the global fatty acid methyl esters market, and provides market size (US$ Million & Kilotons) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global fatty acid methyl esters market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Acme Synthetic Chemicals, ADM (Archer Daniels Midland Company), Berg + Schmidt GmbH & Co. KG, Cargill, Incorporated, Chemrez Technologies, Inc., CREMER OLEO GmbH & Co. KG, Elevance Renewable Sciences, Inc., Emery Oleochemicals, Godrej Industries Limited, JNJ Oil Industries, Inc., KLK OLEO, Krishi Oil Limited, Mohini Organics Pvt. Ltd., P&G Chemicals, Renewable Energy Group, Inc., Stepan Company, Univar Solutions Inc., Vertec BioSolvents Inc., Victorian Chemical Company Pty Ltd., and Wilmar International Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global fatty acid methyl esters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fatty acid methyl esters market
Detailed Segmentation:
Global Fatty Acid Methyl Esters Market, By Source:
Vegetable Oils
Animal Fats
Used Cooking Oils
Global Fatty Acid Methyl Esters Market, By Product Type:
Methyl Oleate
Methyl Laurate
Methyl Myristate
Methyl Caprate
Methyl Stearate
Others (Methyl Palmitate, Coconut Methyl Esters, etc.)
Global Fatty Acid Methyl Esters Market, By Application:
Fuels
Paints & Coatings
Food Additives
Detergents & Surfactants
Lubricants & Metal Working Fluids
Agrochemicals
Personal Care & Cosmetics
Others (Wetting Agents, Plasticizers, etc.)
Global Fatty Acid Methyl Esters Market, By Region:
North America
By Source:
Vegetable Oils
Animal Fats
Used Cooking Oils
By Product Type:
Methyl Oleate
Methyl Laurate
Methyl Myristate
Methyl Caprate
Methyl Stearate
Others (Methyl Palmitate, Coconut Methyl Esters, etc.)
By Application:
Fuels
Paints & Coatings
Food Additives
Detergents & Surfactants
Lubricants & Metal Working Fluids
Agrochemicals
Personal Care & Cosmetics
Others (Wetting Agents, Plasticizers, etc.)
By Country:
U.S.
Canada
Latin America
By Source:
Vegetable Oils
Animal Fats
Used Cooking Oils
By Product Type:
Methyl Oleate
Methyl Laurate
Methyl Myristate
Methyl Caprate
Methyl Stearate
Others (Methyl Palmitate, Coconut Methyl Esters, etc.)
By Application:
Fuels
Paints & Coatings
Food Additives
Detergents & Surfactants
Lubricants & Metal Working Fluids
Agrochemicals
Personal Care & Cosmetics
Others (Wetting Agents, Plasticizers, etc.)
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Source:
Vegetable Oils
Animal Fats
Used Cooking Oils
By Product Type:
Methyl Oleate
Methyl Laurate
Methyl Myristate
Methyl Caprate
Methyl Stearate
Others (Methyl Palmitate, Coconut Methyl Esters, etc.)
By Application:
Fuels
Paints & Coatings
Food Additives
Detergents & Surfactants
Lubricants & Metal Working Fluids
Agrochemicals
Personal Care & Cosmetics
Others (Wetting Agents, Plasticizers, etc.)
By Country:
U.K.
Germany
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
By Source:
Vegetable Oils
Animal Fats
Used Cooking Oils
By Product Type:
Methyl Oleate
Methyl Laurate
Methyl Myristate
Methyl Caprate
Methyl Stearate
Others (Methyl Palmitate, Coconut Methyl Esters, etc.)
By Application:
Fuels
Paints & Coatings
Food Additives
Detergents & Surfactants
Lubricants & Metal Working Fluids
Agrochemicals
Personal Care & Cosmetics
Others (Wetting Agents, Plasticizers, etc.)
By Country:
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Middle East & Africa
By Source:
Vegetable Oils
Animal Fats
Used Cooking Oils
By Product Type:
Methyl Oleate
Methyl Laurate
Methyl Myristate
Methyl Caprate
Methyl Stearate
Others (Methyl Palmitate, Coconut Methyl Esters, etc.)
By Application:
Fuels
Paints & Coatings
Food Additives
Detergents & Surfactants
Lubricants & Metal Working Fluids
Agrochemicals
Personal Care & Cosmetics
Others (Wetting Agents, Plasticizers, etc.)
By Sub-region:
Middle East
Africa
Company Profiles
Acme Synthetic Chemicals*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
ADM (Archer Daniels Midland Company)
Berg + Schmidt GmbH & Co. KG
Cargill, Incorporated
Chemrez Technologies, Inc.
CREMER OLEO GmbH & Co. KG
Elevance Renewable Sciences, Inc.
Emery Oleochemicals
Godrej Industries Limited
JNJ Oil Industries, Inc.
KLK OLEO
Krishi Oil Limited
Mohini Organics Pvt. Ltd.
P&G Chemicals
Renewable Energy Group, Inc.
Stepan Company
Univar Solutions Inc.
Vertec BioSolvents Inc.
Victorian Chemical Company Pty Ltd.
Wilmar International Ltd.
“*” marked represents similar segmentation in other categories in the respective.