Press release
Tall Oil Fatty Acid Industry to cross the billion-dollar benchmark by 2024
Owing to its extensive usage as bio renewable feedstock, tall oil fatty acid has become a major by-product of pulp production. Tall crude oil generated from tall oil fatty acids are widely being used as additives in the fossil diesel, which has further created renewed avenues for tall oil fatty acid industry. A report compiled by Global Market Insights. Inc., foresees tall oil fatty acid market to register a CAGR of more than 4% over the period of 2017-2024 and seize a revenue of more than USD 1 billion by 2024.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1430
Tall oil fatty acid is the by-product derived from the manufacturing of paper & pulp. Pine trees and other coniferous trees are the prime raw materials used for obtaining tall oil fatty acid. In a Kraft mill, tall oil is the third largest chemical by-product after lignin and hemicellulose.
Tall oil fatty acid is mainly used in the manufacturing of alkyd resins, dimer acid and fatty acid esters. Dimer is a significant intermediate chemical used as fuel additives in oilfields and lubricants. Alkyd resins is also a prominent segment holding a major share in the worldwide tall oil fatty acid industry. Finding extensive usage in the paint and coatings industry, the alkyd resins accounted for over one third of the overall industry share and is projected to grow at an annual rate of 4% over 2017-2024.
Make an Inquiry for purchasing this report @https://www.gminsights.com/inquiry-before-buying/1430
Segezha Pulp and Paper Mill, Harima Chemicals, Georgia Pacific, Shaxian Lixin Resin Co. Ltd, Arizona Chemical Company, Kraton Corporation, BASF SE, Forchem, Pasand Speciality Chemical, and Eastman Chemical Company are some of the prominent names in global tall oil fatty acid market.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tall Oil Fatty Acid Industry to cross the billion-dollar benchmark by 2024 here
News-ID: 1142378 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Tall
Driving Tall Oil Fatty Acid Market Growth in 2025: The Role of Biofuel's Drives …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Tall Oil Fatty Acid Market Size Growth Forecast: What to Expect by 2025?
There has been a robust expansion in the market size of tall oil fatty acid over the past few years. It is predicted to increase from $1.11 billion in 2024 to $1.18 billion in 2025, reflecting a compound annual growth rate…
Crude Tall Oil Market Size 2024 to 2031.
Market Overview and Report Coverage
Crude Tall Oil is a valuable byproduct obtained during the kraft pulping process in the paper industry. It contains a mixture of fatty acids, resin acids, and other compounds that have various industrial applications, including in the production of chemicals, biofuels, and surfactants.
The Crude Tall Oil Market is expected to experience significant growth in the coming years, with a projected Compound Annual Growth Rate…
Tiltrotor Market To Stand Tall From 2018-2028
Tiltrotor Market: Introduction
Tiltrotors are mid-sized aircrafts modelled similar to helicopters. The most unique feature of a tiltrotor is the propulsion system, which are housed within movable nacelles. These nacelles can be rotated on its axis rendering the system to generate lift as well as forward propulsion. Tiltrotors are not affected by retreating blade stall problems which were common in helicopters thereby making them a safer option for air travel. Looking…
Distilled Tall Oil (DTO) Market 2022 | Detailed Report
The Distilled Tall Oil (DTO) research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market's key players. Furthermore, the report offers insightful market data and information about the…
Standing tall amidst chaos, the Technisearch Way
We are two decades-plus in business, offering niche talent acquisition solutions for several named businesses in the Asia region. We lay low all these years, invested in building long-standing client partnerships, nurtured a team of high-end recruiters, built capacity and stuck to our delivery commitment all these years. An outreach program was never on the cards till, like all businesses have realized, Covid-19 struck!
We have now been in lock-down for…
Crude Tall Oil Market By distillation process Tall Oil Fatty Acids (TOFA), Tall …
Crude Tall Oil Market: An Overview
Crude tall oil is a unique type of “oil” with properties that differ from common edible and non-edible oils. The term crude tall oil comes from the Swedish word "tallolja" which means pine oil. Crude tall oil is the third most abundant chemical by-product in a Kraft mill after lignin and hemicellulose. Crude tall oil is a co-product of the paper pulping procedure used by…
