Fatty Acids Market Insights, Size, Forecast, Growth, Trends 2024-2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Fatty Acids Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The fatty acids market size has grown strongly in recent years. It will grow from $89.68 billion in 2023 to $98.2 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed 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 size is expected to see strong growth in the next few years. It will grow to $137.88 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to augmented population demand, and rising health consciousness. Major trends in the forecast period include rise in usage of recycled raw materials in fatty acids, mergers and acquisitions, strategic partnerships, and new product launches.

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Key Market Players:

Major companies operating in the fabrics market report are Toray Industries Inc, Reliance Industries Limited, INVISTA, Shenzhou International Holdings Limited, Teijin Ltd., Seoane Produccion Textil, Arvind Ltd, Mattex Yarns, Lion Brand Yarn Company, Champion Thread Co, Suominen Corporation, Elevate Textiles, National Spinning Co, Fabricato SA, BTK Textile, Inditex, Freudenberg Group, Como Luxury fabrics, Berry Global Inc., Spinrite Inc., Koninklijke Ten Cate NV, Pacific Textiles, Jiangsu Lianfa Textile Co Ltd, Salvatore Ferragamo SpA, Albany International Corp., Johns Manville, Terico Golzar, Cone Denim, Smartex, The Yarn Room, Eeden, American Silk Mill, Mango, Evora SA, American & Efird, Bombay Rayon Fashions Limited, Hanesbrands, Inc., Ahlstrom- Munksjö, Luthai Textile Co Ltd, Elasticos Yarns, Glatfelter Corporation, Indumentaria Lincoln Sa, Mohawk Industries, Inc., Low & Bonar, TWE Group, Yarnz, Maples Industries, Inc., , Avgol, Saudi Spinning & Textile Mill, Berry Global Koninklijke Ten Cate NV, H and M Hennes and Mauritz GBC AB, Vardhman Group, Fibertex Nonwovens A/S, Fitesa, Integrated Fibers Limited, Standards Textile Co. Inc, Kimberly-Clark, DuPont de Nemours, Sarwani International Corporation, Herrschners Inc, United Textiles, Safety Components, Zhejiang Kingsafe, Spunchem Interntaional, Texameri SA (Texcom), Gale Pacific Fze, European Spinning Group, Weiqiao Textile, Lydall, AlSaraTex Co., Leena Egypt

Market Drivers:

The fatty acids market is being driven by the rising demand for cosmetics and personal care products. Fatty acids are the emollients and emulsifiers in the cosmetics industry, used to replenish and soothe the skin. It is used as an ingredient in a variety of skincare products such as creams, lotions, shampoos, and lipsticks. Esters of fatty acids such as triglycerides, phospholipids, and cholesterol esters are commonly used in cosmetics as skin hydrants and thickeners. According to Coty, a French beauty company, the beauty market has been constantly growing at 3% to 5% every year. Coty also forecasts that its net revenue will grow by 6% to 8% each year through 2025. The rising demand for cosmetics and personal care products increased the demand for fatty acids, thus driving the market during the period.

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The fatty acids market covered in this report is segmented -

1) By Product Type: Unsaturated Fatty Acids, Saturated Fatty Acids
2) By Form: Oil, Capsule, Syrup, Powder
3) By Source: Vegetable Oils, Marine, Nuts and Seeds, Soy and Soy Products, Animal Fat
4) By End User Industry: Household, Cosmetics, and Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants, Other End-user Industries

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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