Global Fatty Esters Market Growth 2023-2029
Fatty acid esters (FAEs) are a type of ester that result from the combination of a fatty acid with an alcohol. When the alcohol component is glycerol, the fatty acid esters produced can be monoglycerides, diglycerides, or triglycerides. Dietary fats are chemically triglycerides.
LPI (LP Information)' newest research report, the “Fatty Esters Industry Forecast” looks at past sales and reviews total world Fatty Esters sales in 2022, providing a comprehensive analysis by region and market sector of projected Fatty Esters sales for 2023 through 2029. With Fatty Esters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fatty Esters industry.
This Insight Report provides a comprehensive analysis of the global Fatty Esters 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 Esters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fatty Esters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fatty Esters 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 Esters.
The global Fatty Esters market size is projected to grow from US$ 680.1 million in 2022 to US$ 833.1 million in 2029; it is expected to grow at a CAGR of 833.1 from 2023 to 2029.
Fatty esters are expected to witness tremendous growth owing to its increasing use in personal care including cosmetics, lubricants, paper and food products. Growing demand for fatty esters for industrial applications owing to its environment friendliness is expected to augment market growth over the forecast period. In addition, growing consumer preference towards natural and specialty esters in personal care products is anticipated to further drive market growth. Increasing consumption of fatty esters in biodiesels coupled with the growing demand for biodiesels owing to the presence of supporting regulations is likely to propel fatty ester market demand over the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Fatty Esters market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Medium Chain Triglycerides (MCT)
Glyceryl Monostearate
Isopropyl Palmitate
Polyol Esters
Glycol Esters
Sucrose Esters
Segmentation by application
Personal Care Products And Cosmetics
Lubricants
Food
Surfactants
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.
Acidchem International Sdn Bhd
Sumitomo Chemical
ABITEC Corp.
Archer Daniels Midland
Croda International
AkzoNobel
Faci Asia Pacific Pte
BASF SE
DowDuPont
Felda IFFCO
Gattefosse
Lonza
Sasol Limited
Stearinerie Dubois
Fine Organics
Stepan Company
PMC Biogenix Inc.
Subhash Chemical Industries
UNDESA Group.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fatty Esters market?
What factors are driving Fatty Esters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fatty Esters market opportunities vary by end market size?
How does Fatty Esters 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.