Published by Coherent Market Insights
Posted on September 28, 2021
Fatty acid esters are ester produce via the reaction between alcohol and fatty acid. They are widely used across a wide range of applications due to their lubricating, resistance to oxidation, and solvency properties. Fatty acid esters are derived from vegetable oils and animal tallow.
High demand for fatty acid esters from cosmetic and personal care products is propelling the market growth. These esters are used as emollients and thickeners in various personal care products. Their emulsification and surface adhesion properties make them suitable for cosmetic and personal care applications. Thus, the high demand for fatty acid esters from cosmetic and personal care products is augmenting the market growth of the fatty acid esters.
The global Fatty Acid Ester Market was accounted for US$ 2,139.5 Mn in terms of value in 2019 and is expected to grow at CAGR 4.1% during the forecast period (2020-2027).
Top Key Players in Fatty Acid Ester market: Cargill Incorporated, E.I du Pont Nemours and Company (DuPont), Estelle Chemicals Pvt. Ltd., Evonik Industries, Faci Asia Pacific Pte Ltd., Fine Organic, KLK Oleo, Oleon NV, Procter & Gamble (P&G) Chemicals, The Seydel Companies, Inc., World Chem Industries.
Regional Analysis For Fatty Acid Ester Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Fatty Acid Ester market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
The growing popularity of natural esters from various end-user industries is expected to serve major growth opportunities in the near future. Pharmaceutical industry is witnessing a high demand for natural esters due to rising research in the field of nutrition sector. Increasing awareness regarding the benefits of natural esters among the end-user is further projected to foster the market growth of the fatty acid esters in the near future.
Rising demand for surfactant and detergent due to growing hygiene awareness among consumers is projected to offer profitable opportunities in the near future. Growing environmental concern is driving demand for fatty acid esters in surfactant and detergent as they offer effective washing and also promote environmental sustainability. Hence, the growing demand for surfactant and detergent is projected to foster market growth over the forecast period.
Increasing demand for natural ingredients due to the growing trend of consuming natural and organic products is projected to escalate the market growth. This is attributed to the growing social media influence and changing consumer perception regarding the natural ingredient in food products and personal care products.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Fatty Acid Ester market by Forecast to 2027 with In-detailed Competitor Analysis appeared first on Gatorledger.
Fatty acid esters are ester produce via the reaction between alcohol and fatty acid. They are widely used across a wide range of applications due to their lubricating, resistance to oxidation, and solvency properties. Fatty acid esters are derived from vegetable oils and animal tallow.
High demand for fatty acid esters from cosmetic and personal care products is propelling the market growth. These esters are used as emollients and thickeners in various personal care products. Their emulsification and surface adhesion properties make them suitable for cosmetic and personal care applications. Thus, the high demand for fatty acid esters from cosmetic and personal care products is augmenting the market growth of the fatty acid esters.
The global Fatty Acid Ester Market was accounted for US$ 2,139.5 Mn in terms of value in 2019 and is expected to grow at CAGR 4.1% during the forecast period (2020-2027).
Top Key Players in Fatty Acid Ester market: Cargill Incorporated, E.I du Pont Nemours and Company (DuPont), Estelle Chemicals Pvt. Ltd., Evonik Industries, Faci Asia Pacific Pte Ltd., Fine Organic, KLK Oleo, Oleon NV, Procter & Gamble (P&G) Chemicals, The Seydel Companies, Inc., World Chem Industries.
Regional Analysis For Fatty Acid Ester Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Fatty Acid Ester market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
The growing popularity of natural esters from various end-user industries is expected to serve major growth opportunities in the near future. Pharmaceutical industry is witnessing a high demand for natural esters due to rising research in the field of nutrition sector. Increasing awareness regarding the benefits of natural esters among the end-user is further projected to foster the market growth of the fatty acid esters in the near future.
Rising demand for surfactant and detergent due to growing hygiene awareness among consumers is projected to offer profitable opportunities in the near future. Growing environmental concern is driving demand for fatty acid esters in surfactant and detergent as they offer effective washing and also promote environmental sustainability. Hence, the growing demand for surfactant and detergent is projected to foster market growth over the forecast period.
Increasing demand for natural ingredients due to the growing trend of consuming natural and organic products is projected to escalate the market growth. This is attributed to the growing social media influence and changing consumer perception regarding the natural ingredient in food products and personal care products.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Fatty Acid Ester market by Forecast to 2027 with In-detailed Competitor Analysis appeared first on Gatorledger.
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