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Fatty Acids Market Is Predicted To See Surge In Demand And Growth In The Forecast Period 2022 - 2031
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According to The Business Research Company's fatty acids market report, the global fatty acids market is expected to grow from $23,658.9 million in 2015 to $27,382.2 million at a growth rate of 3.0%. The growth is mainly due to strong economic growth in emerging markets, rise in demand for cosmetics and personal care products, increase in caprylic fatty acid applications, increase in health applications, and rise of plastics and rubber industries. The fatty acids market is expected to grow at a CAGR of 4.4% from 2020 to reach $33,912.4 million in 2025. The global fatty acids market is expected to reach $43,288.0 million in 2030, at a CAGR of 5.0%.
Growth in the historic period resulted from strong economic growth in emerging markets, rise in demand for cosmetics and personal care products, increase in caprylic fatty acid applications, increase in health applications, and rise of plastics and rubber industries. Factors that negatively affected growth in the historic period were fluctuating raw material costs, and regulatory challenges.
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The fatty acids market is segmented -
• By Product Type: Unsaturated Fatty Acids, Saturated Fatty Acids
• By End-Use Industry: Household, Cosmetics And Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants
• By Form: Oil, Capsule, Syrup, Powder
• By Source: Vegetable Oils, Marine, Nuts and Seeds, Soy and Soy Product, Animal Fats
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the fatty acids market.
Major competitors in the fatty acids market include BASF SE, LG Household & Health Care, Kraton Corporation, Royal DSM, Cargill
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https://www.thebusinessresearchcompany.com/report/fatty-acids-global-market
The fatty acids market consists of sales of fatty acids by entities (organizations, sole traders or partnerships) that produce fatty acids. Fatty acids act as energy for muscles, the heart and other organs, as building blocks of fats in the human body and also as an agent that manages inflammation. Fatty acids comprise of a straight chain of an even number of carbon atoms with hydrogen atoms both along the length of the chain and at one end of the chain, and a carboxyl group (COOH) at the other end.
The Table Of Content For The Fatty Acids Market Include:
1. Fatty Acids Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
……
20. Global Fatty Acids Market Competitive Landscape
21. Key Mergers And Acquisitions In The Fatty Acids Market
22. Global Fatty Acids Market Opportunities And Strategies
23. Global Fatty Acids Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Fatty Acids Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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