Fatty Acid Methyl Ester Market Research Report to 2023, | Analysis of Global Business Opportunity | Top Worldwide Key Competitors Insight | BASF S.E., Cargill Inc., Procter & Gamble, KLK Oleo, Alnor Oil Co. Inc.

Market Synopsis:
The Fatty Acid Methyl Ester is an organic chemical compound, synthesized through transesterification of fatty acids and methanol. It can be derived from the vegetable source such as palm oil, rapeseed, vegetable oil, and soya beans. Rapeseeds are mainly preferred to produce fatty acid methyl ester due to high oil content (over 30%–40%), and it's high cetane content that gives complete combustion as well as lowers the emissions of harmful gases.

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Market Categorization:
The Global Fatty Acid Methyl Ester (FAME) market is categorized into type, application, and region.

Based on type, the market is segmented into medium chain triglyceride, isopropyl palmitate, glyceryl monostearate, glycol ester, polyol ester, sucrose ester.

On the basis of application, the global fatty acid methyl ester (FAME) market is segmented into fuel, metalworking fluids, lubricant, food, agriculture, coatings.

On the basis of region, North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa

Regional Analysis:
The Global Fatty Acid Methyl Ester (FAME) market is segmented into five regions:

• Asia Pacific,
• North America,
• Europe,
• Latin America,
• the Middle East & Africa

Among these, Asia Pacific has the largest regional market across the globe due to increasing industrialization and growing automotive industry along with significant growth of the agriculture sector in this region. Countries namely India, China, South Korea, Malaysia, and Singapore are the major contributors to the growth of this region owing to the significant presence of major end-use industries namely foods & beverages, automotive, agrochemicals.

Top Global Vendors:
Some of the Top Vendors in the Global Fatty Acid Methyl Ester (FAME) market are BASF S.E. (Germany), Archer Daniels Midland Company (ADM) (U.S.), Cargill Inc. (U.S.), Wilmar International Limited (Singapore), Procter & Gamble (Singapore), Emery Oleochemicals Group (Malaysia), Evonik Industries AG (Germany), KLK Oleo (Malaysia), Longyan Zhuoyue New Energy Co. Ltd. (China), and Alnor Oil Co. Inc. (U.S.)

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