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Market HighlightsGlobal Fatty Acid Market size was estimated over ~22 million tons in 2015. The market anticipated witness a significant growth over the forecasted period owing to growing applications such as Health Care, cosmetics industry, textile industry various industries.
Fatty acids are a carboxylic acid combination of a hydrocarbon chain and a carboxyl acid group, especially any of those occurring as esters in fats and oils. Fatty acids play a key role in metabolism: as a metabolic fuel, as a necessary component of all membranes, and as a gene regulator.
The major driving factors of fatty acid market are growing demand from personal and home care products and emerging economies in the Central and South America. In addition, the increasing demand from the soap, cosmetic, medicines industry is expected to fuel market growth of fatty acids in near future. Biological effects due to deficiency of fatty acids are expected to hamper the growth of fatty acids. Potential effects include blood pressure, stroke, coronary artery disease, inflammation among others.
Fatty Acid Market is expected to grow at ~9.4% CAGR during 2016-2022
Key Players:
Key players of the global fatty acid market are
• Akzo Nobel N.V (Netherlands),
• BASF SE (Germany),
• Arizona Chemicals (U.S.),
• Ashland Inc. (U.S.),
• Eastman Chemical Company (U.S.),
• Croda(India),
• Oleon N.V.( Belgium),
• Godrej Industries (India),
• Colgate-Palmolive Ltd (India),
• Ferro Corporation(U.S.)
• others.
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Regional Insights
The market is classified and analyzed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific Soda Ash market is largest market owing to robust industry growth of application industry in China and India. Increasing fatty acid production for producing Health Care, cosmetics industry, textile industry in emerging economies is expected to boost the market demand. Asia Pacific fatty acid market size is likely to witness highest gains over the forecast period owing to abundant availability of vegetable sources in countries such as Malaysia and Indonesia. Positive outlook on end-use industries such as rubber, food & beverages, plastics and textiles in countries like China & India is predict to drive demand.
Key regions like North America and Europe are likely to witness continue growth rates over the forecast period. European countries such as France and UK Germany are likely owing to growth of cosmetics industry. North American countries likely to witness a steady demand owing to growth in dietary supplements and foods consumption.
Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Fatty Acid Market
5 Industry Overview Of Global Fatty Acid Market
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List of Tables
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Fatty Acid Market: By Region, 2014-2022 (USD Million)
Table 3 North America Fatty Acid Market: By Country, 2014-2022 (USD Million)
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Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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