Market Overview:
The global fatty acid methyl 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 acid methyl esters from various applications such as food, coatings, lubricants, polymers, agriculture, metalworking fluids and cosmetics & personal care. In addition, the growing demand for biofuels is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On the basis of type, medium chain triglycerides accounted for majority share in 2017 and is projected to grow at a CAGR of 6% during 2018-2030 owing to its properties such as high thermal stability and low viscosity which make it suitable for use as a fuel additive. Isopropyl palmitate held second largest share in 2017 on account of its properties such as good solvency power and compatibility with other ingredients used in cosmetics & personal care products. Glyceryl monostearate was third largest type segment due to its ability impart shine & glossiness while reducing greasiness on skin surface. Polyol esters are projected witness highest CAGR over next 10 years owing their unique properties including low toxicity levels and environmental friendliness Polyol esthers are also being increasingly used as plasticizers across various application segments thereby driving their demand over forecast period .
Product Definition:
Fatty acid methyl esters (FAME) are a component of biodiesel. Biodiesel is a fuel made from vegetable oils or animal fats that can be used in diesel engines. FAME is the component of biodiesel that helps it to burn in diesel engines.
Medium Chain Triglycerides:
Medium chain triglycerides (MCT) is a form of fatty acid that is generally derived from vegetable oils. MCTs are partially used as an alternative to other fats and oils in food products such as salad dressings, baked goods, and others. The product also serves as a source of energy for the body when consumed in appropriate quantities.
Isopropyl Palmitate:
Isopropyl palmitate is a colorless and odorless liquid that is derived from the esterification of palmitic acid with isopropyl alcohol. It has a melting point of 135-136 °C and boiling point of 236-239 °C. Isopropyl Palmitate (IPM) can be found in various products such as deodorants, hair care products, cosmetics, pharmaceuticals & food among others.
Application Insights:
The global FAME market is segmented based on application into food, coatings, lubricants, polymers, agriculture and metalworking fluids. The food application dominated the overall industry in terms of revenue share at over 40% in 2017. Fatty acid methyl esters are used as flavor enhancers and preservatives in a variety of foods including cheese & dairy products to improve their taste as well as nutritional properties such as stability & texture. They are also used for manufacturing pet foods owing to their ability to promote good health by improving digestion and reducing the risk of heart diseases due to improved lipid profile.
Coatings were estimated at USD 536 million in 2016 on account of increasing demand for paints with anti-corrosion characteristics along with enhanced glossiness & hardness coupled with low volatile organic compound (VOC) content which makes them environment-friendly compared to other solvents currently being utilized globally.
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 rising product demand from various end-use industries, such as food & beverage, cosmetics and personal care, coatings, plastics and fuels. China is one of the largest producers of fatty acid methyl esters owing to low manufacturing costs coupled with easy availability of raw materials in that country.
Europe accounted for a significant share in terms of consumption due to high demand from cosmetic industry along with growing bio-based Fatty Acid Methyl Ester (FAME) production capacity mainly based on rapeseed oil across countries like Russia and Poland which are major consumers globally for FAMEs production followed by Germany and France respectively.
Growth Factors:
- Increasing demand for biodiesel as a fuel source
- Growing awareness about the benefits of biodiesel over traditional fuels
- Stringent environmental regulations favoring the use of cleaner-burning biodiesel
- Rising crude oil prices, making biodiesel a more economical alternative fuel
- Technological advancements that have made production of fatty acid methyl esters more cost-effective
Scope Of The Report
Report Attributes
Report Details
Report Title
Fatty Acid Methyl Ester Market Research Report
By Type
Medium Chain Triglycerides, Isopropyl Palmitate, Glyceryl Monostearate, Glycol Ester, Polyol Esters, Sucrose Esters
By Application
Food, Coatings, Lubricants, Polymers, Agriculture, Metalworking Fluids, Cosmetics & Personal Care, Fuels
By Companies
Archer Daniels Midland, Wilmar, BASF SE, Cargill, KLK Oleo, Berg + Schmidt, P&G, Emery Oleochemicals, Longyan Zhuoyue New Energy, Western Lowa Energy, Archer Daniels Midland, Biofuels, Diester Industries, Green Fuels, Novaol
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Fatty Acid Methyl Ester Market Report Segments:
The global Fatty Acid Methyl Ester market is segmented on the basis of:
Types
Medium Chain Triglycerides, Isopropyl Palmitate, Glyceryl Monostearate, Glycol Ester, Polyol Esters, Sucrose Esters
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, Coatings, Lubricants, Polymers, Agriculture, Metalworking Fluids, Cosmetics & Personal Care, Fuels
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:
- Archer Daniels Midland
- Wilmar
- BASF SE
- Cargill
- KLK Oleo
- Berg + Schmidt
- P&G
- Emery Oleochemicals
- Longyan Zhuoyue New Energy
- Western Lowa Energy
- Archer Daniels Midland
- Biofuels
- Diester Industries
- Green Fuels
- Novaol
Highlights of The Fatty Acid Methyl 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:
- Medium Chain Triglycerides
- Isopropyl Palmitate
- Glyceryl Monostearate
- Glycol Ester
- Polyol Esters
- Sucrose Esters
- By Application:
- Food
- Coatings
- Lubricants
- Polymers
- Agriculture
- Metalworking Fluids
- Cosmetics & Personal Care
- Fuels
- 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 Acid Methyl 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.
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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 acid methyl ester is a type of fatty acid. It is a compound made up of a fatty acid and an alcohol.
Some of the key players operating in the fatty acid methyl ester market are Archer Daniels Midland, Wilmar, BASF SE, Cargill, KLK Oleo, Berg + Schmidt, P&G, Emery Oleochemicals, Longyan Zhuoyue New Energy, Western Lowa Energy, Archer Daniels Midland, Biofuels, Diester Industries, Green Fuels, Novaol.
The fatty acid methyl ester market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Market Size & Forecast, 2018-2028
4.5.1 Fatty Acid Methyl Ester Market Size and Y-o-Y Growth
4.5.2 Fatty Acid Methyl Ester Market Absolute $ Opportunity
Chapter 5 Global Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Market Size Forecast by Type
5.2.1 Medium Chain Triglycerides
5.2.2 Isopropyl Palmitate
5.2.3 Glyceryl Monostearate
5.2.4 Glycol Ester
5.2.5 Polyol Esters
5.2.6 Sucrose Esters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Market Size Forecast by Applications
6.2.1 Food
6.2.2 Coatings
6.2.3 Lubricants
6.2.4 Polymers
6.2.5 Agriculture
6.2.6 Metalworking Fluids
6.2.7 Cosmetics & Personal Care
6.2.8 Fuels
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Analysis and Forecast
9.1 Introduction
9.2 North America Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Market Size Forecast by Type
9.6.1 Medium Chain Triglycerides
9.6.2 Isopropyl Palmitate
9.6.3 Glyceryl Monostearate
9.6.4 Glycol Ester
9.6.5 Polyol Esters
9.6.6 Sucrose Esters
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 Fatty Acid Methyl Ester Market Size Forecast by Applications
9.10.1 Food
9.10.2 Coatings
9.10.3 Lubricants
9.10.4 Polymers
9.10.5 Agriculture
9.10.6 Metalworking Fluids
9.10.7 Cosmetics & Personal Care
9.10.8 Fuels
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 Fatty Acid Methyl Ester Analysis and Forecast
10.1 Introduction
10.2 Europe Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Market Size Forecast by Type
10.6.1 Medium Chain Triglycerides
10.6.2 Isopropyl Palmitate
10.6.3 Glyceryl Monostearate
10.6.4 Glycol Ester
10.6.5 Polyol Esters
10.6.6 Sucrose Esters
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 Fatty Acid Methyl Ester Market Size Forecast by Applications
10.10.1 Food
10.10.2 Coatings
10.10.3 Lubricants
10.10.4 Polymers
10.10.5 Agriculture
10.10.6 Metalworking Fluids
10.10.7 Cosmetics & Personal Care
10.10.8 Fuels
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 Fatty Acid Methyl Ester Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Market Size Forecast by Type
11.6.1 Medium Chain Triglycerides
11.6.2 Isopropyl Palmitate
11.6.3 Glyceryl Monostearate
11.6.4 Glycol Ester
11.6.5 Polyol Esters
11.6.6 Sucrose Esters
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 Fatty Acid Methyl Ester Market Size Forecast by Applications
11.10.1 Food
11.10.2 Coatings
11.10.3 Lubricants
11.10.4 Polymers
11.10.5 Agriculture
11.10.6 Metalworking Fluids
11.10.7 Cosmetics & Personal Care
11.10.8 Fuels
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 Fatty Acid Methyl Ester Analysis and Forecast
12.1 Introduction
12.2 Latin America Fatty Acid Methyl Ester 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 Fatty Acid Methyl Ester Market Size Forecast by Type
12.6.1 Medium Chain Triglycerides
12.6.2 Isopropyl Palmitate
12.6.3 Glyceryl Monostearate
12.6.4 Glycol Ester
12.6.5 Polyol Esters
12.6.6 Sucrose Esters
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 Fatty Acid Methyl Ester Market Size Forecast by Applications
12.10.1 Food
12.10.2 Coatings
12.10.3 Lubricants
12.10.4 Polymers
12.10.5 Agriculture
12.10.6 Metalworking Fluids
12.10.7 Cosmetics & Personal Care
12.10.8 Fuels
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) Fatty Acid Methyl Ester Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fatty Acid Methyl Ester 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) Fatty Acid Methyl Ester Market Size Forecast by Type
13.6.1 Medium Chain Triglycerides
13.6.2 Isopropyl Palmitate
13.6.3 Glyceryl Monostearate
13.6.4 Glycol Ester
13.6.5 Polyol Esters
13.6.6 Sucrose Esters
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) Fatty Acid Methyl Ester Market Size Forecast by Applications
13.10.1 Food
13.10.2 Coatings
13.10.3 Lubricants
13.10.4 Polymers
13.10.5 Agriculture
13.10.6 Metalworking Fluids
13.10.7 Cosmetics & Personal Care
13.10.8 Fuels
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 Fatty Acid Methyl Ester Market: Competitive Dashboard
14.2 Global Fatty Acid Methyl Ester Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Archer Daniels Midland
14.3.2 Wilmar
14.3.3 BASF SE
14.3.4 Cargill
14.3.5 KLK Oleo
14.3.6 Berg + Schmidt
14.3.7 P&G
14.3.8 Emery Oleochemicals
14.3.9 Longyan Zhuoyue New Energy
14.3.10 Western Lowa Energy
14.3.11 Archer Daniels Midland
14.3.12 Biofuels
14.3.13 Diester Industries
14.3.14 Green Fuels
14.3.15 Novaol
