Industry Background:
Fatty acids are long hydrocarbon chains that are produced from fats and oils. These are used in various applications such as food industry, textile industry and paints & coating among others. Fatty acids, if consumed in excess amount, can have adverse health affect. Growing uses of synthetic fatty acid have harmful effect on individual. Rising Health awareness and changing food habits have led to rise in demand for natural fatty acids.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Wilmar [Singapore], KLK [Malaysia], IOI [Germany], Musim Mas [Singapore], Oleon [Belgium], KAO [Japan], Permata Hijau Group [Indonesia], Pacific Oleochemicals [Malaysia], Ecogreen [Singapore], Teck Guan [Malaysia], PT.Cisadane Raya [Indonesia], Emery Oleochemicals [Malaysia], Southern Acids [Malaysia], PT.SUMI ASIH [Indonesia], Bakrie Group [Indonesian], Godrej Industries [India], Shuangma Chemical [China], Dongma Oil [China], Zhejiang Zanyu [China], Shanghai Soap [China], Akzonobel(Shandong base) [Netherlands], Sichuan Tianyu [China] and Jinda Shuangpeng [China] |
According to AMA, the market for Fatty Acids is expected to register a CAGR of 8.8% during the forecast period to 2027. This growth is primarily driven by Rising Demand of Fatty Acid in Cosmetics and Personal Care Products and Growing Health Awareness and health Benefits Leads to Rise in Demand for Fatty Acid.
Globally, a noticeable market trend is evident Rising Demand for Natural Fatty Acid. The Chemicals sector in the Asia Pacific region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Wilmar [Singapore], KLK [Malaysia], IOI [Germany], Musim Mas [Singapore], Oleon [Belgium], KAO [Japan], Permata Hijau Group [Indonesia], Pacific Oleochemicals [Malaysia], Ecogreen [Singapore], Teck Guan [Malaysia], PT.Cisadane Raya [Indonesia], Emery Oleochemicals [Malaysia], Southern Acids [Malaysia], PT.SUMI ASIH [Indonesia], Bakrie Group [Indonesian], Godrej Industries [India], Shuangma Chemical [China], Dongma Oil [China], Zhejiang Zanyu [China], Shanghai Soap [China], Akzonobel(Shandong base) [Netherlands], Sichuan Tianyu [China] and Jinda Shuangpeng [China] etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
Market Drivers
- Rising Demand of Fatty Acid in Cosmetics and Personal Care Products
- Growing Health Awareness and health Benefits Leads to Rise in Demand for Fatty Acid
Market Trend
- Rising Demand for Natural Fatty Acid
Restraints
- Fluctuating Raw Materials Prices
- Availability of Alternatives of Fatty Acids
Opportunities
Favorable Government Initiatives to Promote Eco-friendly Products
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Fatty Acids Study Sheds Light on
The Fatty Acids Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Fatty Acids industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Fatty Acids industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.