Fatty Acid Methyl Ester Market 2022 Business Outlook with COVID-19 Scenario to 2030

SDKI Inc. published a new report on the fatty acid methyl ester market. This study includes the statistical and analytical approaches needed to grow the fatty acid methyl ester market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-115245

The fatty acid methyl ester market is estimated to reach US $ 35.53 billion by 2031, from a market value of US $ 23.33 billion in 2022, and is expected to grow at a CAGR of 5.40% during the 2022-2031 forecast period.

Fatty acid methyl ester is produced by the transesterification process of methanol and fatty acid. This product can be extracted from a variety of plant sources such as palm oil, vegetable oil and soybeans. is the most preferred plant for extracting fatty acid methyl esters as it contains enough oil compared to other plant sources. Fatty acid methyl esters are mainly used as diesel compared to standard diesel due to their excellent properties such as low emission of toxic substances.

In addition, fatty acid methyl esters are easily biodegradable and therefore less harmful to the environment. It helps to control environmental problems such as global warming. The above properties and application of fatty acid methyl esters are expected to be important factors driving the growth of the fatty acid methyl ester market during the forecast period. Fatty acid methyl esters are also widely used in the food industry as thickeners and emulsifiers. The growth of the food industry is expected to drive the growth of the global fatty acid methyl ester market. Fatty acid methyl esters are increasingly being used in solvent applications as green solvents due to their low VOCs and high biodegradability. In addition, in the leather chemistry industry, it is used in the production of leather fat liquefaction agents and is used as an excellent textile detergent. Therefore, increased demand for detergents is expected to further drive the growth of the global fatty acid methyl ester market during the forecast period.

However, the minimum availability of all kinds of raw materials has the potential to curb the growth of the fatty acid methyl ester market.

Sample URL for the report

https://www.sdki.jp/sample-request-115245

Fatty acid methyl ester market segment

The fatty acid methyl ester market is divided by application (fuels, lubricants, coatings, food and agriculture, metal working fluids), by type (soy methyl ester, methyl ester, palm oil methyl ester), and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional Overview of the Fatty Acid Methyl Ester Market The

North American region is expected to hold the highest share of the fatty acid methyl ester market. This is due to the growing demand for personal care products and the government's initiative to use biodiesel in North America to tackle global warming. In addition, high demand for personal care products is expected to enhance the growth of the fatty acid methyl ester market in the region. Meanwhile, the Asia Pacific fatty acid methyl ester market is projected to witness significant growth during the forecast period. This is due to rapid industrialization and rising disposable income in China, India and Southeast Asia.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific); Latin America (Brazil, Mexico, Argentina, etc.) Latin America); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy) , Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

Details of the survey report

https://www.sdki.jp/press-details/fatty-acid-methyl-ester-market/359

Key Players in the Fatty Acid Methyl Ester Market

Key players in the fatty acid methyl ester market include Archer Daniels Midland Company, Emery Oleochemicals Group, Longyan Zhuoyue New Energy Co. Ltd., Wilmar International Limited, Alnor Oil Co. Inc, Avantor. Performance Materials, Eastman Chemical Company, FUSHIMI Pharmaceutical Co., Berg Schmidt, Velsicol Chemical LLC, Smart Chemicals Group Co. and others. The study includes a detailed competitive analysis of these major companies in the fatty acid methyl ester market, corporate profiles, recent developments, and key market strategies.

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SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

This release was published on openPR.