Press release
Palmitic Acid Market Share, Trends, Growth, Sales, Demand, Revenue, Size, Forecast and COVID-19 Impacts to 2014-2026
According to the latest market research report “Palmitic Acid Market Share, Trends, Growth, Sales, Demand, Revenue, Size, Forecast and COVID-19 Impacts to 2014-2026” released by Global Market Monitor, the global palmitic acid market is expected to reach $250 million by 2024.
Palmitic acid is a saturated fatty acid commonly found in both animals and plants. It is a major component in the oils from palm trees, such as palm oil, palm kernel oil and coconut oil.
Applications of palmitic acid include soaps and detergents, cosmetics, oils and lubricants. Among these applications, soaps and detergents hold the largest market share.
Palmitic acid is widely used in manufacturing industries such as soaps & detergents, cosmetics, oils & lubricants, etc., and is favored by manufacturers due to its ease of production and low cost, which will drive the palmitic acid market as the demand for these daily necessities increases.
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The Major Players Profiled in This Report Include:
Wilmar International
KLK Oleo
IOI Oleochemical
PT Sumi Asih Oleochemical
Shuangma Chemical
VVF
Pacific Oleo
Twin Rivers Technologies
Cailà & Parés
PMC Group
Type Outlook (Revenue, USD Million; 2014-2026):
Distilled Type
Fractionated Type
Application Outlook (Revenue, USD Million; 2014-2026):
Soap & Detergent
Cosmetics
Grease & Lubricant
Others
To Identify the Key Trends in the Industry, Click on the Link Below:
https://www.globalmarketmonitor.com/reports/590996-palmitic-acid-market-report.html
The production of palmitic acid industry is concentrated in Asian regions such as Malaysia, Indonesia, and China. The largest producing region is Southeast Asia, followed by China. In terms of consumption, Europe is the largest consumer and the second largest consumer is China.
Full Table of Content
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Palmitic Acid Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Palmitic Acid Market by Types
Chapter 4 Segmentation of Palmitic Acid Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Palmitic Acid Market in Major Countries
Chapter 7 North America Palmitic Acid Landscape Analysis
Chapter 8 Europe Palmitic Acid Landscape Analysis
Chapter 9 Asia Pacific Palmitic Acid Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Palmitic Acid Landscape Analysis
Chapter 11 Major Players Profile
11.1 Wilmar International
11.1.1 Wilmar International Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 KLK Oleo
11.2.1 KLK Oleo Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 IOI Oleochemical
11.3.1 IOI Oleochemical Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Key Questions Answered by This Report:
What is the size and CAGR of the Palmitic Acid Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Palmitic Acid Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Palmitic Acid Market?
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Palmitic acid, a kind of fatty acid, derived from palm oil. It is a major component in the oils from palm trees. Applications of palmitic acid include soap & detergent, cosmetics, grease & lubricant, etc. Among those applications, soap & detergent accounts for the largest market share, which was about 49.99% in 2016.
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