Press release
Fatty Methyl Ester Sulfonates Market, BY Form (Liquid, Powder, Flakes),Trends
Fatty methyl ester sulfonate is an anionic surfactant which is obtained from palm oil. It is derived by the esterification of fatty acid present in palm oil. Methyl ester of fatty acid is sulfonated by sulfur trioxide to produce fatty methyl ester sulfonates. The number of carbon atoms varies from 12 to 18 in the fatty acid. The property of fatty methyl ester sulfonate to act as a potential surfactant and this property depends on the length of the carbon chain. This sulfonate with 16 carbon chain length shows the uppermost level of performance.View Detailed Report: https://www.databridgemarketresearch.com/reports/global-fatty-methyl-ester-sulfonate-market
The fatty methyl ester sulfonates market is expected to witness tremendous growth during forecast period. Fatty methyl ester sulfonate is mainly used to manufacture laundry powder, cleaning liquid, dishwashing liquid, other household cleaners, and other industrial applications. The major market players of fatty methyl ester sulfonate market are focusing on easy access to raw materials and meeting environmental regulations which is expected to augment the growth of the fatty methyl ester sulfonates market during the forecast period.
Data Bridge Market Research analyses that the fatty methyl ester sulfonates market was valued at USD 1299.69 million in 2021 and is expected to reach USD 4786.87 million by 2029, registering a CAGR of 17.70% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Opportunities
Rise in product innovations and emerging new markets
The growing number of product innovations will boost new market opportunities for the market's growth rate. Various product advancements that improve design and manufacturing processes are also aiding market expansion. Manufacturers are working on more efficient, reliable, and convenient goods.
Drivers
Rising demand of Fatty methyl ester sulfonate in detergent and soap industries
Fatty methyl ester sulfonate is widely used in detergent industries because it delivers physiochemical properties which enable it to act as washing agent. It exhibits calcium ion stability and high detergency. Fatty methyl ester sulfonate functions as an excellent softening agent and emulsifier. It is used in liquid detergents, soap, household detergents, slurry, among others. The fatty methyl ester sulfonate modifies the viscosity of slurry washing powder and paste detergent. Moreover, this sulfonate is employed in institutional and industrial cleaners. The increasing demand of fatty methyl ester sulfonate in detergent and soap industries are expected to drive the growth rate of the market.
Some of the major players operating in the fatty methyl ester sulfonates market are:
FENCHEM (U.S.)
Lion Corporation (Japan)
Alfa Aesar (U.S.)
Krishi Oils Limited (India)
Stepan Company (U.S.)
Chemithon Corporation (U.S.)
Wilmar International Ltd. (Singapore)
Emery Oleochemicals (U.S.)
Procter & Gamble (U.S.)
KLK OLEO. (Malaysia)
Jinling Petrochemical Co., Ltd (China)
Europe dominates the fatty methyl ester sulfonates market in terms of market share and revenue. This is due to the growing demand for naturally derived products and the dominance of favourable regulatory scenarios in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2022-2029 due to the increasing applications from numerous industries along with growing demand of bio-based personal care and cosmetic products in this region.
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