Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Epoxy Fatty Acid Methyl Ester(EFAME) Market by Type (4.5<Epoxy Value<5, Epoxy Value≥5), By Application (Medical Field, Food Sector, Industrial Sector) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Epoxy Fatty Acid Methyl Ester(EFAME) Market by Type (4.5<Epoxy Value<5, Epoxy Value≥5), By Application (Medical Field, Food Sector, Industrial Sector) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 370844 4200 Chemical & Material 377 172 Pages 4.8 (46)
                                          

Market Overview:


The global epoxy fatty acid methyl ester (EFAME) 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 EFAME in medical field, food sector, and industrial sector. North America is expected to dominate the global EFAME market during the forecast period owing to the presence of key players and technological advancements in this region.


Global Epoxy Fatty Acid Methyl Ester(EFAME) Industry Outlook


Product Definition:


Epoxy Fatty Acid Methyl Ester is a colorless, viscous liquid. It is used as a fuel additive to increase the cetane number and improve the performance of diesel engines.


4.5<Epoxy Value<5:


4.5<Epoxy Value<is a unique patented technology of Epoxy fatty acid methyl ester (EFAME) developed by the researchers at Yokohama National University. It is an innovative approach to produce bio-based epoxidized vegetable oils, which has wide applications in various end-use industries such as cosmetics and food & beverage.


Epoxy Value≥5:


Epoxy value is a measure of the effectiveness of epoxy resin in animal feed applications. It is an indicator that reflects the efficiency with which epoxy resins are converted into fatty acids and other compounds, such as glycogen, in livestock.


The higher the number, the better for animal feed applications; however, it has to be taken into consideration that this value should comply with regulations set by regional authorities.


Application Insights:


The global epoxy fatty acid methyl ester (EFAME) market has been segmented on the basis of application into medical field, food sector, industrial sector and others. The medical application dominated the overall industry in terms of revenue in 2017. This is attributed to increasing product demand for manufacturing various products such as adhesives, sealants and coatings used in healthcare applications including sutures and surgical stitches.


Epoxy fatty acid methyl ester based resins are also widely utilized for coating stents which help prevent restenosis after angioplasty procedures. Moreover, they are used as a coating material for pacemakers due to their high biocompatibility which helps prevent tissue reaction with the device over time resulting in complications such as pain or burning sensation while taking a breath or heartbeat. These factors are anticipated to drive product demand from medical applications over the forecast period thereby contributing towards significant market growth during this period.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for epoxy fatty acid methyl ester from various end-use industries such as paints & coatings, automotive, construction, and food processing. In addition, rising disposable income levels in emerging economies like China and India are expected to fuel product demand further over the coming years.


Growth Factors:


  • Increasing demand for biodiesel as a fuel source: The global market for biodiesel is expected to grow at a CAGR of more than 10% from 2016 to 2021. This growth can be attributed to the increasing awareness about the benefits of using biodiesel as a fuel source, such as its low emissions and environmental friendliness. EFAME is an important component of biodiesel and its growing demand will drive the growth of the EFAME market.
  • Rising demand from end-use industries: The end-use industries that consume EFAME include paints & coatings, adhesives & sealants, printing inks, plastics modification, and others (including agricultural). The growing demand from these industries will propel the growth of the EFAME market during the forecast period.
  • Technological advancements in production processes: With technological advancements taking place across various production processes used for manufacturing EFAME products, their quality and efficiency are improving significantly. This is resulting in an increase in their adoption by various end-use industries, thereby propelling the growth of this market segment during the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Epoxy Fatty Acid Methyl Ester(EFAME) Market Research Report

By Type

4.5<Epoxy Value<5, Epoxy Value≥5

By Application

Medical Field, Food Sector, Industrial Sector

By Companies

Hebei Jingu Plasticizer, Zhejiang Jiaao Huanbao, East Huge Dragon Group, Jiangsu Tianzheng Biofuels, Foshan Shengjun, Novista Group, Anhui Tianyi Environmental Protection Technology

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

172

Number of Tables & Figures

121

Customization Available

Yes, the report can be customized as per your need.


Global Epoxy Fatty Acid Methyl Ester(EFAME) Market Report Segments:

The global Epoxy Fatty Acid Methyl Ester(EFAME) market is segmented on the basis of:

Types

4.5<Epoxy Value<5, Epoxy Value≥5

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

Medical Field, Food Sector, Industrial Sector

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:

  1. Hebei Jingu Plasticizer
  2. Zhejiang Jiaao Huanbao
  3. East Huge Dragon Group
  4. Jiangsu Tianzheng Biofuels
  5. Foshan Shengjun
  6. Novista Group
  7. Anhui Tianyi Environmental Protection Technology

Global Epoxy Fatty Acid Methyl Ester(EFAME) Market Overview


Highlights of The Epoxy Fatty Acid Methyl Ester(EFAME) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 4.5<Epoxy Value<5
    2. Epoxy Value≥5
  1. By Application:

    1. Medical Field
    2. Food Sector
    3. Industrial Sector
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Epoxy Fatty Acid Methyl Ester(EFAME) 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:

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  • Product & Brand Management
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Global Epoxy Fatty Acid Methyl Ester(EFAME) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


EFAME is a type of epoxy fatty acid methyl ester. It is a synthetic compound that is used in cosmetics and other personal care products. EFAME helps to improve the appearance of skin by providing a smooth, glossy finish.

Some of the major companies in the epoxy fatty acid methyl ester(efame) market are Hebei Jingu Plasticizer, Zhejiang Jiaao Huanbao, East Huge Dragon Group, Jiangsu Tianzheng Biofuels, Foshan Shengjun, Novista Group, Anhui Tianyi Environmental Protection Technology.

The epoxy fatty acid methyl ester(efame) market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Epoxy Fatty Acid Methyl Ester(EFAME) Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Epoxy Fatty Acid Methyl Ester(EFAME) Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Epoxy Fatty Acid Methyl Ester(EFAME) Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Epoxy Fatty Acid Methyl Ester(EFAME) Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Epoxy Fatty Acid Methyl Ester(EFAME) Market Size & Forecast, 2020-2028       4.5.1 Epoxy Fatty Acid Methyl Ester(EFAME) Market Size and Y-o-Y Growth       4.5.2 Epoxy Fatty Acid Methyl Ester(EFAME) Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 4.5<Epoxy Value<5
      5.2.2 Epoxy Value≥5
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Medical Field
      6.2.2 Food Sector
      6.2.3 Industrial Sector
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Epoxy Fatty Acid Methyl Ester(EFAME) Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Epoxy Fatty Acid Methyl Ester(EFAME) Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 4.5<Epoxy Value<5
      9.6.2 Epoxy Value≥5
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Medical Field
      9.10.2 Food Sector
      9.10.3 Industrial Sector
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 4.5<Epoxy Value<5
      10.6.2 Epoxy Value≥5
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Medical Field
      10.10.2 Food Sector
      10.10.3 Industrial Sector
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 4.5<Epoxy Value<5
      11.6.2 Epoxy Value≥5
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Medical Field
      11.10.2 Food Sector
      11.10.3 Industrial Sector
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 4.5<Epoxy Value<5
      12.6.2 Epoxy Value≥5
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Medical Field
      12.10.2 Food Sector
      12.10.3 Industrial Sector
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 4.5<Epoxy Value<5
      13.6.2 Epoxy Value≥5
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Medical Field
      13.10.2 Food Sector
      13.10.3 Industrial Sector
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Epoxy Fatty Acid Methyl Ester(EFAME) Market: Competitive Dashboard
   14.2 Global Epoxy Fatty Acid Methyl Ester(EFAME) Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Hebei Jingu Plasticizer
      14.3.2 Zhejiang Jiaao Huanbao
      14.3.3 East Huge Dragon Group
      14.3.4 Jiangsu Tianzheng Biofuels
      14.3.5 Foshan Shengjun
      14.3.6 Novista Group
      14.3.7 Anhui Tianyi Environmental Protection Technology

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