Tallow Fatty Acids Market size, industry growth, outlook and analysis 2027

The global tallow fatty acids market is growing at substantial rate, owing to the rising demand from various applications such as rubber, plastics, personal care products, among others across the globe. Further, changing standards of living coupled with the rising awareness regarding personal care products is anticipated to accelerate the market growth of the tallow fatty acids. For instance, according to Trading Economics Statistics on United States Disposable Personal Income, the disposable personal income in the U.S. averaged US$ 5200.2 billion in 1959, reaching an all-time high of US$ 15,742.81 billion in November 2018.

Tallow fatty acids belong to the family of the fatty acids derived from animal fats. These fatty acids are widely used across wide range of applications such as resins, personal care products, oil field consumption, rubber, and textile production. It is also used in the production of soap and animal feed.

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The global tallow fatty acids market has witnessed significant growth in recent past years, owing to the growing awareness regarding health and hygiene coupled with the increasing population. This is expected to boost the demand for soaps & detergents and thereby fuel the growth of the global tallow fatty acids market during the forecast period.

Detailed Segmentation:

Global Tallow Fatty Acids Market, By Product Type:
Saturated Fatty Acids
Stearic acid
Myristic acid
Palmitic acid

Monounsaturated Fatty Acids
Polyunsaturated Fatty Acids

Global Tallow Fatty Acids Market, By Application:
Soaps & Detergents
Rubber
Plastics
Personal Care Products
Others

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Key companies covered as a part of this study includes AkzoNobel N.V., Acme-Hardesty Co., H Foster & Co. Ltd., BASF SE, Baerlocher GmbH, Chemithon Enterprises, Chemol Company Inc., Colgate Palmolive, Emery Oleochemicals and LG Household.

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