Global Tall Oil Fatty Acid Market Growth 2023-2029
Tall oil fatty acid is a light yellow liquid produced from the fractional distillation of crude tall oil. Tall oil fatty acid is rich in oleic acid, linoleic acid and others. It is used in variety of applications including metal working fluids, lubricants, industrial cleaners and coating.
LPI (LP Information)' newest research report, the “Tall Oil Fatty Acid Industry Forecast” looks at past sales and reviews total world Tall Oil Fatty Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Tall Oil Fatty Acid sales for 2023 through 2029. With Tall Oil Fatty Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tall Oil Fatty Acid industry.
This Insight Report provides a comprehensive analysis of the global Tall Oil Fatty Acid 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 Tall Oil Fatty Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tall Oil Fatty Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tall Oil Fatty Acid 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 Tall Oil Fatty Acid.
The global Tall Oil Fatty Acid market size is projected to grow from US$ 570.2 million in 2022 to US$ 530.1 million in 2029; it is expected to grow at a CAGR of 530.1 from 2023 to 2029.
The production of tall oil fatty acid distributed in North American and Europe. North American took 42% of global production, while Europe took about 45% of total production. Finland is the manufacturing country of Europe. However, Asia tall oil fatty acid production concentrated in Russia and its product capacity is relatively low. Arizona, Westrock, Forchem and Georgia-Pacific are the manufacturing giants in this field, taking more than 60% of the global production. Russia manufacturers such as OOO Torgoviy Dom Lesokhimik and Segezha Group, only take for 2 and 2 percent of the global total production.
This report presents a comprehensive overview, market shares, and growth opportunities of Tall Oil Fatty Acid market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Type I
Type II
Type III
Segmentation by application
Alkyd Resins
Dimer Acids
Lubricant Additives
Soaps & Detergents
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.
Arizona
Westrock
Forchem
Georgia-Pacific
Harima
Chemical Associates
Florachem
IOP
OOO Torgoviy Dom Lesokhimik
Lascaray
Segezha Group
Eastman
Pine Chemical Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tall Oil Fatty Acid market?
What factors are driving Tall Oil Fatty Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tall Oil Fatty Acid market opportunities vary by end market size?
How does Tall Oil Fatty Acid 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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