Fatty Esters Market: Global Industry Analysis and Forecast (2022-2029)

Fatty Esters Market size was valued at US$ 2.28 Mn in 2021 and the total revenue is expected to grow at 4.3% through 2021 to 2029, reaching nearly US$ 3.19 Mn. The global Fatty Esters Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Fatty Esters Report also provides trends by market segments, Product, and investment with a competitive landscape.Fatty Esters MarketTo know about the Research Methodology :- Request Free Sample Report

Fatty Esters Market Overview:

Fatty acid esters (FAEs) are also known as oleochemical substances. These are the types of esters that are obtained from the combination of a fatty acid and alcohol. Fatty acid esters are colorless but sometimes after degradation looks even brown or yellow. Fatty acid esters are made by the process of trans-esterification of vegetables oils and fats. The by–products monoglycerides, diglycerides, or triglycerides are obtained through chemical reaction of alcohol and fatty acid esters. Fatty acid esters (FAEs) are mostly used in food, pharmaceutical, lubricant, personal care & cosmetics, and surfactants respectively.

Fatty Esters Market Dynamics:

The consistent positive growth in consumer taste for organic ingredients and continuous process in different sectors like personal care & cosmetics, pharmaceutical, food and many other sectors forecast to promote the product demand. On the opposite side, with a switch in style towards the development of biologically prepared materials, it is forecast to witness high maturation of the products. Fatty acid esters (FAEs) & other oleochemicals have earned importance with respect to their operating efficiency, execution, & bio-degradability in the worldwide market. The pop-up economies of South America & Asia are recording a vital output from industries with respect to economies activities, thus showing vital growth of the production sector. Europe and North America are ruling and to supply high budding markets in South America and Asia Pacific the manufacturing potential is being shifted gradually. The support of government rules and regulations such as promoting the use of renewable resources and bio-fuels are also considered to be a vital promoter for the growth of the market over the forecast period. The highly unstable raw material market and the high cost of production is expected to hamper the market growth in the upcoming years. The rising demand for personal care products due to constant growth in population is also one of the major factors driving the market. The manufacturing process of bio-diesel involves the use of Fatty acid esters (FAEs) which is responsible for the increasing demand of Fatty acid esters (FAEs) and it is also considered as an opportunity for the growth of the market in future. The direction of market is majorly dependent on the rule applied on the formulation of their respective production technologies and the raw materials used for the same. The expected challenge this industry may face is Fatty acid esters include chemicals that could give rise to harmful health hazards in case of high consumption. Therefore, strict governing policies avoiding the use of harmful chemicals in the industries like food, pharmaceuticals, and personal care & cosmetics respectively and its other applications are forecast to dare the growth of respective industries.

Fatty Esters Market Segment Analysis:

On the basis of Product the Global Fatty Esters Market is segmented into six types as follows, Glycerol Monostearate, Medium Chain Triglycerides, Isopropyl Ester, Glycol Esters, Sucrose Esters, and Polyol Esters. According to an MMR report in the year 2021 Glycerol Monostearate was dominant in the market. In the year 2021, Glycerol Monostearate was dominant in the market holding more than 35% of the total shares. It has primary usage in bakery food items. As it gives smooth texture and pattern to the final product it has high demand in whipped cream and ice-cream industries respectively. It has wide applications in pharmaceutical industries in terms of supplying control release. It is widely used in many industrial applications as a preservative, lubricant, emulsifier, and thickening agent. Due to all mentioned applications it is expected to promote the growth of the segment over the mentioned forecast period. On the basis of Application the Global Fatty Esters Market is segmented into six different types as follows, Personal Care & Cosmetics, Food Processing, Surfactants & Detergents, Pharmaceuticals, Lubricants, and Others. According to the MMR report, it is proved that in the year 2021 Personal Care & Cosmetics was dominant in the market. In the year 2021, Personal care & cosmetics was dominant in the market holding more than 34% of total share. The continuous increasing impact of social media on a day to day basis is expected to be a vital promoter for the growth of the personal care and cosmetics sector and therefore the demand of products is also increasing.

Competitive Landscape:

The global fatty esters market is estimated to be in the nurturing phase. The region Asia Pacific is forecasted to see strong demand of Fatty acid esters. The reason behind strong demand is the constantly growing pharmaceutical, food and beverage, lubricants, and personal care & cosmetic industries respectively with the help of advanced technology. These mentioned industries are examined to be leading driving power of demand for Fatty acid esters (FAEs). Countries like India, China, Japan, Malaysia, and Indonesia are large in consumption as well as leaders in production across the globe. Thus, market demand has increased due to the boom in the production of vegetable oil in these regions.

Fatty Esters Market Regional Insights:

In 2021, North America had the highest revenue share of 34.50%, and this is expected to continue over the forecast period. The continuous development in the living standards and the growing attention on beauty along with the image with respect to social media influence and changing methods of promotion by the reputed companies are expected to boost demand of product in the application segment. Due to high usage of glycerol monostearate in the cosmetic & personal care products Asia Pacific is evaluated to be the rapid expanding regional market. The rising output from industries and continuous rising population in the countries like India, China, and Southeast Asia has promoted manufacturing sector and food processing sector in the region. Increasing health concerns are also responsible for the growth in the demand for organic Applications and the cosmetic products manufactured with the help of Fatty acid esters (FAEs). The objective of the report is to present a comprehensive analysis of the global Fatty Esters market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Fatty Esters market dynamics, structure by analyzing the market segments and project the global Fatty Esters market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Fatty Esters market make the report investor’s guide.

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Fatty Esters Market
Base Year 2021 Forecast Period 2022-2029
Historical Data CAGR Market Size in 2021 Market Size in 2029
2017 to 2021 4.3% US$ 2.28 Mn US$ 3.19 Mn
Segments Covered
by Product • Glycerol Monostearate • Medium Chain Triglycerides • Isopropyl Esters (Palmitate & Myrsitate) • Glycol Esters • Sucrose Esters • Polyol Esters by Application • Personal Care & Cosmetics • Food Processing • Surfactants & Detergents • Pharmaceuticals • Lubricants • Others
Regions Covered
North America • United States • Canada • Mexico Europe • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe Asia Pacific • China • S Korea • Japan • India • Australia • Indonesia • Malaysia • Vietnam • Taiwan • Bangladesh • Pakistan • Rest of APAC Middle East and Africa • South Africa • GCC • Egypt • Nigeria • Rest of ME&A South America • Brazil • Argentina • Rest of South America

Fatty Esters Market Key Players

• Cargill, Inc. • Arkema • DuPont • Evonik Industries • Estelle Chemicals Pvt. Ltd. • Faci Asia Pacific Pte. Ltd. • P&G Chemicals • The Seydel Companies, Inc. • Fine Organics • Oleon N.V. • KLK Oleo • World Chem Industries • Stepan Company • Stéarinerie Dubois • Metroshen International Corp. • Zhengzhou Yi Bang Industry Co. Ltd. • A.B. Enterprises • Wilmar International Ltd. • ADM Company • Others Frequently Asked Questions: 1. Which region has the largest share in Global Fatty Esters Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Fatty Esters Market? Ans: The Global Fatty Esters Market is growing at a CAGR of 4.3% during forecasting period 2022-2029. 3. What is scope of the Global Fatty Esters Market report? Ans: Global Fatty Esters Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Fatty Esters Market? Ans: The important key players in the Global Fatty Esters Market are – Cargill, Inc., Arkema, DuPont, Evonik Industries, Estelle Chemicals Pvt. Ltd., Faci Asia Pacific Pte. Ltd., P&G Chemicals, The Seydel Companies, Inc., Fine Organics, Oleon N.V., KLK Oleo, World Chem Industries, Stepan Company, Stéarinerie Dubois, Metroshen International Corp., Zhengzhou Yi Bang Industry Co. Ltd., A.B. Enterprises, Wilmar International Ltd., ADM Company, and Others 5. What is the study period of this Market? Ans: The Global Fatty Esters Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Fatty Esters Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Fatty Esters Market 3.4. Geographical Snapshot of the Fatty Esters Market, By Manufacturer share 4. Global Fatty Esters Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Fatty Esters Market 5. Supply Side and Demand Side Indicators 6. Global Fatty Esters Market Analysis and Forecast, 2021-2029 6.1. Global Fatty Esters Market Size & Y-o-Y Growth Analysis. 7. Global Fatty Esters Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 7.1.1. Glycerol Monostearate 7.1.2. Medium Chain Triglycerides 7.1.3. Isopropyl Esters (Palmitate & Myrsitate) 7.1.4. Glycol Esters 7.1.5. Sucrose Esters 7.1.6. Polyol Esters 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.2.1. Personal Care & Cosmetics 7.2.2. Food Processing 7.2.3. Surfactants & Detergents 7.2.4. Pharmaceuticals 7.2.5. Lubricants 7.2.6. Others 8. Global Fatty Esters Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Fatty Esters Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 9.1.1. Glycerol Monostearate 9.1.2. Medium Chain Triglycerides 9.1.3. Isopropyl Esters (Palmitate & Myrsitate) 9.1.4. Glycol Esters 9.1.5. Sucrose Esters 9.1.6. Polyol Esters 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.2.1. Personal Care & Cosmetics 9.2.2. Food Processing 9.2.3. Surfactants & Detergents 9.2.4. Pharmaceuticals 9.2.5. Lubricants 9.2.6. Others 10. North America Fatty Esters Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Fatty Esters Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Fatty Esters Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Fatty Esters Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Fatty Esters Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Fatty Esters Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Fatty Esters Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Fatty Esters Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Fatty Esters Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Fatty Esters Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Fatty Esters Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Fatty Esters Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Fatty Esters Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Fatty Esters Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Fatty Esters Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Fatty Esters Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Fatty Esters Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Fatty Esters Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Fatty Esters Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Fatty Esters Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Fatty Esters Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Fatty Esters Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Rest of Asia Pacific Fatty Esters Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Fatty Esters Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Fatty Esters Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Fatty Esters Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Fatty Esters Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Fatty Esters Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Fatty Esters Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Fatty Esters Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40. South America Fatty Esters Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Fatty Esters Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Fatty Esters Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Fatty Esters Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Fatty Esters Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Fatty Esters Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Cargill, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Arkema 45.3.3. DuPont 45.3.4. Evonik Industries 45.3.5. Estelle Chemicals Pvt. Ltd. 45.3.6. Faci Asia Pacific Pte. Ltd. 45.3.7. P&G Chemicals 45.3.8. The Seydel Companies, Inc. 45.3.9. Fine Organics 45.3.10. Oleon N.V. 45.3.11. KLK Oleo 45.3.12. World Chem Industries 45.3.13. Stepan Company 45.3.14. Stéarinerie Dubois 45.3.15. Metroshen International Corp. 45.3.16. Zhengzhou Yi Bang Industry Co. Ltd. 45.3.17. A.B. Enterprises 45.3.18. Wilmar International Ltd. 45.3.19. ADM Company 45.3.20. Others 46. Primary Key Insights

About This Report

Report ID 112567
Category Material & Chemical
Published Date Feb 2023
Updated Date
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