Fatty esters are those esters that are resulted from the combination of fat or oil with alcohol. The product is used in various pharmaceuticals, toiletries, food, cosmetics, metal working fluids, and others. They are added to cosmetics to dissolve high-polarity active ingredients and UV absorbers. Rising consumption of fatty esters in biodiesels along with the increasing demand for biodiesels due to the presence of supporting regulations is considered to fuel fatty ester market demand over the forecast period.
MARKET DYNAMICS
The global fatty esters market is anticipated to experience rapid growth attributed to its increasing use in personal care, including cosmetics, paper, lubricants, and food products. Rising demand for fatty esters for industrial applications due to its environment friendliness is projected to amplify market growth during the forecast period. Moreover, rising consumer preference towards specialty and natural esters in personal care products is expected to further fuel market growth. Furthermore, the tremendous growth of the personal care market in countries such as the U.S. resulted in high demand for fatty esters, and the trend is estimated to continue in the coming years.
MARKET SCOPE
The "Global Fatty Esters Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fatty esters market with detailed market segmentation by application and geography. The global fatty esters market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fatty esters market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fatty esters market is segmented on the basis of application. On the basis of application, market is segmented into textile, lubricant, packaging, paints and coatings, personal care and cosmetics, surfactants, food and beverages, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fatty esters market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fatty esters market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fatty esters market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fatty esters market in these regions.
MARKET PLAYERS
The reports cover key developments in the fatty esters market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fatty esters market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the fatty esters market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fatty esters market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABITEC
- ADM
- Akzo Nobel N.V
- BASF SE
- Croda International Plc
- Fine Organics
- Lonza
- Pharma Excipients
- STEARINERIE DUBOIS
- Sumitomo Chemical Co., Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.