Global Fatty Methyl Ester Sulfonate (FMES) Market: Environment-friendly Characteristics to Encourage Mass Adoption, finds TMR

ALBANY, New York, November 16, 2016: The consumption of fatty methyl ester sulfonate (FMES) is expected to intensify over the next couple of year across several industries owing to its physiochemical properties, says Transparency Market Research in a research report. The market intelligence report is titled, “Fatty Methyl Ester Sulfonate (FMES) Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2016–2023.”

According to the report, on account of rising demand, fatty methyl ester sulfonate finds application in the manufacturing of products such as liquid detergents, house detergents, washing powder, slurry, and soap. Fatty methyl ester sulfonate is a derivative of palm oil. It is used as a washing agent owing to its calcium ion stability and the high detergency it exhibits. FMES also functions as a softening agent and emulsifier.

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Fatty methyl ester sulfonate is further employed in institutional and industrial cleaners. The prime end users of fatty methyl ester sulfonate are industries such as detergents and personal care. It can also be used in the manufacturing of oil field chemicals. The sodium salts present in fatty methyl ester sulfonate is used as a potential emulsifying agent in the plastic industry. It is also employed as a release agent in the printing inks and rubber industries. As FMES is extracted from natural sources such as coconut oil and palm oil, its demand is expected to gain momentum over the next couple of years.

The global fatty methyl ester sulfonate market is anticipated to witness significant growth in the coming years. Owing to the growth of the personal care industry in emerging economies such as South Korea, Thailand, India, and China, at present Asia Pacific is the leading region in terms of the consumption of fatty methyl ester sulfonate. The expansion of the textile and personal care industries is projected to aid the growth of the global FMES market in the region. North America also accounted for a sizeable share in the global FMES market in 2014. The demand for fatty methyl ester sulfonate has gained momentum over the last few years owing to the proliferating market for personal care products in Canada and the U.S.

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Manufacturers of FMES can gain from the emerging markets in developing economies such as Saudi Arabia and Brazil. The market for FMES in the Middle East and Africa and Latin America are likely to exhibit promising growth over the forecast period. The growing per capita income of consumers in Brazil, China, and India, along with rapid urbanization and growing consumer awareness, is likely to fuel the demand for FMES.

The key players involved in the manufacturing of FMES are China Petroleum & Chemical Corporation (Sinopec), Fenchem, Krishi Oils Limited, KLK OLEO, P&G Chemicals, Wilmar International Ltd., Lion Corporation (S) Pte Ltd., and Chemithon Corporation.

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This release was published on openPR.