Market Overview:
The global fatty ester market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fatty esters in food and chemical industries. In terms of type, oleic acid is the most popular type of fatty ester, followed by linoleic acid. In terms of application, food industry accounts for the majority share in the global market, followed by chemical industry and others. North America dominates the global fatty ester market with a share of more than 30%, followed by Europe and Asia Pacific.
Product Definition:
Fatty Ester is a type of molecule that contains a long chain of carbon atoms bonded to one another. Fatty esters are important because they are used as the basis for many different types of oils and lubricants.
Oleic Acid(Raw Material):
Oleic acid is a fatty acid with chain length of C18. It is derived from vegetable oils such as soybean, rapeseed, and sunflower. The product finds application in various end-use industries including personal care & cosmetics, pharmaceuticals and food among others.
Fatty esters are used as solvents or diluents in the manufacturing of ointments, creams and lotions; they are also employed as thickeners for sauces.
Linoleic Acid(Raw Material):
Linoleic acid is an omega-6 essential fatty acid. It can be obtained from several sources, including plant oils and microorganisms. The primary source of linoleic acid is flaxseed oil; it can also be produced by chemical synthesis and fermentation using genetically engineered yeast.
Application Insights:
The food industry was the largest application segment in 2016 and is expected to witness a CAGR of XX% over the forecast period. Rising demand for vegetable oil esters in processed foods such as bakery, dairy, snacks & cereals is expected to drive the product demand over the forecast period. In addition, increasing consumption of palm oil on account of its high melting point and stability against oxidation are projected to augment fatty acid market growth over the next eight years.
Chemical industry emerged as another lucrative segment with a revenue-based CAGR 4.9% from 2017 to 2030 attributed largely due to growing utilization of chemical intermediates which include olefins and alcohols derived from vegetable oilesters during manufacturing process across various end-use industries including plastics & coatings.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to witness a significant growth rate of 5.6% from 2018 to 2030 owing to high product demand from various application industries. The region comprises major developing countries such as China, India, Indonesia, Malaysia and Thailand which are characterized by rapidly growing economies and increasing population along with other socio-economic factors that drive industry growth.
The food industry is one of the prominent consumers of linoleic acid esters due to their functional properties such as emulsification, texturization ability in bakery products etc., Oleic acid on the other hand finds applications in pharmaceuticals for its anti-microbial property whereas it can be used as an excipient for tablets or capsules among others.
Growth Factors:
- Increasing demand for biofuels as a cleaner and more sustainable alternative to gasoline and diesel fuels.
- Growing awareness of the benefits of using fatty esters as lubricants, particularly in applications where there is a risk of equipment failure or environmental damage due to oil spills.
- The increasing popularity of biodiesel blends as a way to reduce emissions from transportation vehicles.
- Regulatory support for the use of fatty esters in renewable energy applications, such as fuel standards that incentivize the use of biodiesel blends or mandates for the installation of renewable energy systems like solar panels and wind turbines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fatty Ester Market Research Report
By Type
Oleic Acid(Raw Material), Linoleic Acid(Raw Material)
By Application
Food Industry, Chemical Industry, Others
By Companies
BASF, Lonza, Akzo Nobel N.V, Faci Asia-Pacific, P&G Chemicals, Subhash Chemical Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Fatty Ester Market Report Segments:
The global Fatty Ester market is segmented on the basis of:
Types
Oleic Acid(Raw Material), Linoleic Acid(Raw Material)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Chemical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Lonza
- Akzo Nobel N.V
- Faci Asia-Pacific
- P&G Chemicals
- Subhash Chemical Industries
Highlights of The Fatty Ester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oleic Acid(Raw Material)
- Linoleic Acid(Raw Material)
- By Application:
- Food Industry
- Chemical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fatty Ester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fatty esters are a type of chemical compound that is composed of a fatty acid and an alcohol. They are often used as solvents or emulsifiers in products, such as cosmetics and food.
Some of the major players in the fatty ester market are BASF, Lonza, Akzo Nobel N.V, Faci Asia-Pacific, P&G Chemicals, Subhash Chemical Industries.
The fatty ester market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fatty Ester Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fatty Ester Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fatty Ester Market - Supply Chain
4.5. Global Fatty Ester Market Forecast
4.5.1. Fatty Ester Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fatty Ester Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fatty Ester Market Absolute $ Opportunity
5. Global Fatty Ester Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fatty Ester Market Size and Volume Forecast by Type
5.3.1. Oleic Acid(Raw Material)
5.3.2. Linoleic Acid(Raw Material)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fatty Ester Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fatty Ester Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Chemical Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fatty Ester Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fatty Ester Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fatty Ester Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fatty Ester Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fatty Ester Demand Share Forecast, 2019-2026
9. North America Fatty Ester Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fatty Ester Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fatty Ester Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Chemical Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fatty Ester Market Size and Volume Forecast by Type
9.7.1. Oleic Acid(Raw Material)
9.7.2. Linoleic Acid(Raw Material)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fatty Ester Demand Share Forecast, 2019-2026
10. Latin America Fatty Ester Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fatty Ester Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fatty Ester Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Chemical Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fatty Ester Market Size and Volume Forecast by Type
10.7.1. Oleic Acid(Raw Material)
10.7.2. Linoleic Acid(Raw Material)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fatty Ester Demand Share Forecast, 2019-2026
11. Europe Fatty Ester Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fatty Ester Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fatty Ester Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Chemical Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fatty Ester Market Size and Volume Forecast by Type
11.7.1. Oleic Acid(Raw Material)
11.7.2. Linoleic Acid(Raw Material)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fatty Ester Demand Share, 2019-2026
12. Asia Pacific Fatty Ester Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fatty Ester Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fatty Ester Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Chemical Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fatty Ester Market Size and Volume Forecast by Type
12.7.1. Oleic Acid(Raw Material)
12.7.2. Linoleic Acid(Raw Material)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fatty Ester Demand Share, 2019-2026
13. Middle East & Africa Fatty Ester Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fatty Ester Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fatty Ester Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Chemical Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fatty Ester Market Size and Volume Forecast by Type
13.7.1. Oleic Acid(Raw Material)
13.7.2. Linoleic Acid(Raw Material)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fatty Ester Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fatty Ester Market: Market Share Analysis
14.2. Fatty Ester Distributors and Customers
14.3. Fatty Ester Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lonza
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Akzo Nobel N.V
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Faci Asia-Pacific
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. P&G Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Subhash Chemical Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
