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Know How Tallow Fatty Acids Market is Thriving Worldwide? Key Players - BASF SE, AkzoNobel, Twin Rivers Technologies, VVF L.LC., Emery Oleochemicals

Tallow Fatty Acids Market

Tallow Fatty Acids Market

Tallow Fatty Acids Market is projected to witness an escalating growth over the span of the next few years, driven by the wide range of product applications in personal care items, soaps & detergents, rubber, and plastics. Global cleaning product business revenue, worth over USD 60 billion in 2013, is predicted to surpass USD 100 billion by 2024.

It is expected to record a CAGR of over 7% during the period from 2017 to 2024, subject to strict government policies promoting clean & hygiene environment across the manufacturing and food & beverages sector. This will offer lucrative prospects for the industry players to expand their business across the globe. Global Market Insights, Inc., state that tallow fatty acids industry revenue, which is estimated to cross the USD 3 billion by 2024, will grow at a rate of more than 2.5% over 2017 to 2024.

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The rapidly developing electronics, automotive, and construction sectors are expected to impel the growth of tallow fatty acids industry in Asia Pacific. India, Indonesia, China, and Japan are more likely to augment the regional growth as a result of large-scale vehicle production & sales across these regions.

North America tallow fatty acids market, worth USD 950 million in 2016, is estimated to register a massive growth over the coming years. Rising demand for plastics along with strict enforcement of regulations for maintaining sanitation across the medical and food & beverages sectors will impel the growth. The U.S. industry is expected to majorly influence the regional revenue.

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Monounsaturated tallow fatty acids market, which dominated the overall industry share in 2016, is anticipated to experience a lucrative growth over the years ahead. Escalating product popularity across cosmetics, personal care items, and soaps will favorably influence the growth of tallow fatty acids industry.

Global tallow fatty acids industry share was highly fragmented in 2016, with top industry participants accounting for lesser than 30% of the industry size. AkzoNobel N.V., Emery Oleochemicals LLC, BASF SE, Vantage Oleochemicals Incorporation, Chemol Company Incorporation, Baerlocher GmbH, Acme-Hardesty Company Incorporation, Ferromac International NV, H Foster & Company Limited, and The Colgate-Palmolive Company are the major players of tallow fatty acids market.

Partial Chapter of the Table of Content
Chapter 4. Tallow Fatty Acids Market, By Product

4.1. Tallow fatty acids market share by product, 2016 & 2024

4.2. Saturated fatty acids

4.2.1. Market estimates and forecasts, 2013 - 2024

4.2.2. Market estimates and forecasts by region, 2013 – 2024

4.2.3. Stearic acid

4.2.3.1. Market estimates and forecasts, 2013 - 2024

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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

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