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Palm Acid Oil Market is projected to reach 720 Million US$ by 2025

11-14-2018 12:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, INC.

Palm Acid Oil Market is projected to reach 720 Million US$ by 2025

This study focuses on the production side and consumption side of Palm Acid Oil, presents the global Palm Acid Oil market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Palm Acid Oil capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Palm Acid Oil by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Palm Acid Oil (PAO) is a by-product obtained from chemical refining of Palm Oil which can be used for making laundry soaps, animal feed formulation, and bio-fuel (bio-diesel).

The main uses of PAO are in are animal feeds, in soap making and for distilled fatty acid production. This product is not now produced on any great scale outside Europe, because in Malaysia and Indonesia palm oil is refined by the physical process which gives PFAD rather than PAO.

The largest waste by-product generated during the production of CPO is palm oil mill effluent (POME). For every ton of CPO produced, 2.9 tons of POME is generated. POME is the result of large quantities of steam and hot water used to clean the fruit and separate the shell and cake from the palm fruit. The water and steam are washed away on the mill floor and directed to waste ponds that gather the POME residue. POME consists of 3 to 5 % of Palm Acid Oil (PAO) and 95 to 97% of water. Once the PAO is processed and extracted from the POME, the PAO residue can be sold as a feedstock for the production of 2nd generation biofuels.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

The Palm Acid Oil market was valued at 460 Million US$ in 2017 and is projected to reach 720 Million US$ by 2025, at a CAGR of 5.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Palm Acid Oil.

This report includes the following manufacturers; we can also add the other companies as you want.

Kurnia Sari Utama

Future Prelude Sdn Bhd

PT. Global Mandiri Sentosa

PT Energy Feeds

LIMA Group

Inter-Trade Solutions

Tanimas Group

Bathich Group

Suryatama Kencana Jaya

Market Segment by Product Type

PAO Yellowish

PAO Brownish

Market Segment by Application

Soap

Animal Feeds

Biodiesel

Other

Request Sample Copy of Report@ https://www.qyresearch.com/sample-form/form/720219/global-palm-acid-oil-industry-research-report-growth-trends-and-competitive-analysis

Market size split by Region

•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa

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