Global Fatty Acids Market Growth 2023-2029
Fatty acids are important component of lipids (fat-soluble components of living cells) in plants, animals, and microorganisms. Generally, a fatty acid consists of a straight chain of an even number of carbon atoms, with hydrogen atoms along the length of the chain and at one end of the chain and a carboxyl group (−COOH) at the other end. It is this carboxyl group that makes it an acid (carboxylic acid). If the carbon-to-carbon bonds are all single, the acid is saturated; if any of the bonds is double or triple, the acid is unsaturated and is more reactive. A few fatty acids have branched chains; others contain ring structures (e.g., prostaglandins). Fatty acids are not found in a free state in nature; commonly they exist in combination with the alcohol glycerol in the form of triglyceride.
LPI (LP Information)' newest research report, the “Fatty Acids Industry Forecast” looks at past sales and reviews total world Fatty Acids sales in 2022, providing a comprehensive analysis by region and market sector of projected Fatty Acids sales for 2023 through 2029. With Fatty Acids sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fatty Acids industry.
This Insight Report provides a comprehensive analysis of the global Fatty Acids landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fatty Acids portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fatty Acids market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fatty Acids and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fatty Acids.
The global Fatty Acids market size is projected to grow from US$ 11150 million in 2022 to US$ 15480 million in 2029; it is expected to grow at a CAGR of 15480 from 2023 to 2029.
The key players of fatty acids include Emery Oleochemicals, IOI, Wilmar, KLK, etc. The top 5 players account for approximately 35% of the total market. Indonesia is the largest market accounting for about 28%, followed by Malaysia and China. In terms of type, saturated fatty acids is the largest segment, with a share about 70%. In terms of apllication, the largest segment is soap & detergent, followed by fatty amine and fatty amide.
This report presents a comprehensive overview, market shares, and growth opportunities of Fatty Acids market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Unsaturated Fatty Acids
Saturated Fatty Acids
Segmentation by application
Soap & Detergent
Fatty Amine and Fatty Amide
Fatty Acid Ester
Rubber
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Emery Oleochemicals
IOI
Wilmar
KLK
Musim Mas
Oleon
Kao
Permata Hijau Group
Pacific Oleochemicals
Ecogreen
Teck Guan
Desmet Ballestra India Private Limited
Southern Acids
Pt.Sumi Asih
Bakrie Group
PT SMART
Godrej Industries
Dongma Oil
Zhejiang Zanyu
Cambridge Olein
Shanghai Soap
Sichuan Tianyu
Jinda Shuangpeng
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fatty Acids market?
What factors are driving Fatty Acids market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fatty Acids market opportunities vary by end market size?
How does Fatty Acids break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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