Fatty Acid Ester Market

Fatty Acid Ester Market is valued at USD 2156.7 Million in 2020 and expected to reach USD 3054.9 Million by 2027 with the CAGR of 5.1% over the forecast period.

Global Fatty Acid Ester Global Size, Trends, Competitive, Historical & Forecast Analysis to 2021-2027, Cumulative awareness about health & hygiene and its applications in cosmetic industry are anticipated to drive the growth of Global Fatty Acid Ester Market.

Scope of Global Fatty Acid Ester Market Report:

Fatty acid ester is termed an organic compound with the molecular formula CO2R2. Fatty acid esters are a kind of ester that results from combining fatty acids with alcohol. Fatty acid ester is generally obtained from vegetable oils through transesterification and is used as a primary constituent in biodiesel. The molar mass of fatty acid ester is around 296.50 g/mol and the boiling point is 289.00 °C. Esters of fatty acids are colorless, or sometimes appear to be yellow or even brown. Fatty acid esters are used in a wide range of industries for their solvency, resistance to oxidation, and lubricating properties. Fatty acids esters have low volatility compared with many other solvents, making them suitable as replacements for solvents in pressroom cleaners, coatings, and inks, as well as in lubricants and metalworking fluids. Fatty acid esters are also used in skincare products which includes body lotions, face creams moisturizers, as well as in lipsticks, concealers, and various other cosmetic products. These are synthesized by dehydrating fatty acids and alkyl alcohol and have an active effect of softening the skin to result from a soothing sensation. Properties like emulsion stabilization, fatty acid ester most essential elements of the personal care and food & beverage industry.

Covid-19 has shown a significantly negative effect on the global fatty acid ester market as a massive majority of customers are dedicated to stocking up on crucial household items, foremost to condensed sales of cosmetics and personal care products. Owing to the lockdown scenario, the production of fatty acid ester is respectively decreased. The government limitations enforced to comprise the spread of the coronavirus headed to abundant supply chain and logistics disruptions, causing raw material scarcities and interruption in manufacture. Lack of staff, the shutdown of all industry, and strict rules & regulations are responsible for the decline in the growth of the fatty acid ester market.

Global Fatty Acid Ester Market Segmentation:

The Global Fatty Acid Ester Market is segmented on the basis on product, applications, and region & country level. Base on product type, the global fatty acid ester market is classified into glycerol monostearate, medium chain trigylcerides, isopropyl esters (myrsitate & palmitate) and Others. Base on application, the global fatty acid ester market is classified into synthetic lubricant, pharmaceuticals, personal care products, food, biofuel applications, and other.

By Product Type:

• Glycerol Monostearate
• Medium Chain Triglycerides
• Isopropyl Esters (Myristate & Palmitate)
• Others

By Application Type:

• Synthetic Lubricant
• Pharmaceuticals
• Personal Care Products
• Food
• Biofuel Applications
• Other

The regions covered in Fatty Acid Ester Market report are North America, Europe, Asia-Pacific, and Rest of the World. Based on country level, the market of fatty acid ester is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players of Global Fatty Acid Ester Market Report:

The major players in the global fatty acid ester market are

• Cargill Inc.
• evonik industries
• Estelle chemical Pvt. Ltd
• Dupont
• faci Asia pacific pte. Ltd
• fine organics
• KLk Oleo
• Oleon N.V.
• TCI chemical pvt .ltd.
• Emery Oleochemicals
• metroshen international corporation
• other

News: Emery Oleochemicals Announced EMERY E Fatty Acid Esters Product Line

On September 16^th, 2020: Emery Oleochemicals, an announcement was made by Emery Oleochemicals for releasing of its EMERY E general purpose fatty acid esters product line. These fatty acid ester offer good biodegradability, low odor, and color stability. These product is an alternative for an petrochemical base material which can be used in wide range of industrial system and consumer including solvent, coating appliances bio-diluent and cleaning and stripping products along with these the product also use for replacement for vegetables, minerals  and selected silicon oil. Emery Oleochemicals founded in 1840 and has been in manufacturing suitable solution and high quality for more 180 years. They are also a global producer of azelaic acid including biggest Oleochemicals manufacture in America.

Cumulative Awareness about Health & Hygiene and Its Applications in Cosmetic Industry are Driving the Market Growth

Several factors are contributing to the growth of the fatty acid ester market across the world such as growing applications of fatty acid ester in various sectors, an upsurge in the prevalence of gastrointestinal and other diseases due to sedentary lifestyles, and augmented consumption of fast food items. Cumulative awareness about health and hygiene is one of the major factors driving the fatty acid ester market growth worldwide. Rising geriatric population is expected to increase demand for natural ingredients, such as branched fatty acid ester of hydroxy fatty acids, in the medical sector to treat gastrointestinal and other diseases. Gastrointestinal affect the gastrointestinal track form mouth to the anus. There are two type of gastrointestinal disease like functional and structural. Some of the example gastrointestinal diseases are nausea/vomiting, food poisoning, lactose intolerance and diarrhea. Gastrointestinal diseases are common and occur in 10% of people over age 40 and in 50% of people over age 60 in Western cultures.

Additionally, applications in cosmetic industry are another factor supplementing the growth of the fatty acid ester market globally. Fatty acid esters are mostly use in cosmetic as an emollient or emulsifier properties. As an emollient, fatty acid ester helps to increase skin-hydration which keeps the skin moisture. Fatty acid ester use in skincare products, such as body lotions, face creams moisturizers, as well as in lipsticks, concealers, and various other cosmetic products. For example; Isopropyl esters are derived from palmitate and myristate, are widely use in cosmetic product due to moisturizing properties. Higher fatty acid esters with high alcohols with high melting points are used in skin cream application. For instance; the cosmetic industry has progressed to a base of approximately INR 22,500 crore. With increased attention to body and face problem, people in this region are opting for more sophisticated cosmetic products while fatty acid ester plays an essential role in cosmetic products.

However, the high cost of fatty acid ester and cost of raw material may hamper the growth of fatty acid ester market. In spite of that, increasing advancements in this field may create more opportunities for the further growth of the market.

Global Fatty Acid Ester Market Regional Analysis:

On a geographic basis, North America is expected to dominate the global fatty acid ester market owing to intensifying consumption of fatty acid ester in the region. The use of fatty acid ester is relatively augmenting owing to its outstanding applications and advantages. High standards of living and increasing focus on beauty and changing consumer perceptions, appearance owing to social media influence, and transitioning promotional methods by major personal care companies are increasing the demand of fatty acid ester products in this region. For instance; more than approximately 16,000 tons of fatty acid ester was consumed in the United States of America owing to shelf-life allowance solutions in food and beverages applications. Number of products suggested by doctors who include lotion, foam, soap, liquid, pad, solution and others were used among people.

The Asia Pacific is projected to become the fastest-growing market for fatty acid ester owing to the growing demand for fatty acid ester in the manufacturing of cosmetic skincare products in the region. The usage of beauty products and cosmetics has been an age-old tradition among the people in Asia Pacific. The concerns regarding skin troubles such as skin blackening, burn, moisturizing problem of the body are responsible to enhance the demand of fatty acid ester. For example; “bargabest mct oil” and “bergacare ester” are the fatty acid ester product. Bargabest MCT oils can be mixed with fatty acids, isopropanol, mineral oils, vegetable oils, 95 % ethanol and other esters. And bergacare ester use for care of the skin, hair, eyes and lips and in sun protection products. Due to emollients and antiseptic properties of fatty acid ester, it is widely used in the cosmetics industry.     

On Special Requirement Fatty Acid Ester Market Report is also available for below Regions and Country:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2015 - 2020
Forecast Period	2021 - 2027
Market Size in 2020:	USD 2156.7 Million
Base year considered	2020
Forecast Period CAGR %:	5.1%
Market Size Expected in 2027:	USD 3054.9 Million
Tables, Charts & Figures:	175
Pages	200
Key Players/Companies	Cargill Inc., evonik industries, Estelle chemical Pvt. Ltd, Dupont, faci Asia pacific pte. Ltd, fine organics, KLk Oleo, Oleon N.V., TCI chemical pvt .ltd., Emery Oleochemicals, metroshen international corporation, other.
Segments Covered	By Product Type, By Application Type.
Regional Analysis	North America, U.S., Canada, , Europe, Germany, France, U.K., Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe, Asia-Pacific, South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC, Latin America, Mexico, Colombia, Brazil, Argentina, Peru, Rest of South America, Middle East and Africa, Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA

Key Benefits for Global Fatty Acid Ester Markets Report

• Global Fatty Acid Ester Markets report covers in depth historical and forecast analysis.
• Global Fatty Acid Ester Markets research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global Fatty Acid Ester Industry report helps to identify opportunities in marketplace.
• Global Fatty Acid Ester Industry report covers extensive analysis of emerging trends and competitive landscape.