Lignin Market for Concrete Additives, Dye Stuff - Global Industry Analysis 2023 | Research Report

Tall oil fatty acid (TOFA) is used for making plastics, coatings, metal working fluids, fluid additives, adhesives, and asphalt additives. However, besides these conventional end users, tall oil fatty acid is finding application in the biodiesel and soap and detergents industries. These two emerging uses of tall oil fatty acid are expected to drive the global tall oil fatty acid market. Tall oil fatty acid (TOFA) is a byproduct of the paper industry and is composed primarily of free-fatty acids (FFAs). This feedstock is considered ideal for producing biodiesel. However, more research and development is required to explore the use of TOFA as a biofuel.

Application of TOFA in the Soap and Detergents Industry

The application of TOFA in the soap and detergents industry is not that new, but it is increasingly gaining popularity. The modern world is gearing towards using greener technology and products, and TOFA serves as a safer and environment-friendly product in the manufacturing of soap and detergent as compared to tallow fatty acids.

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With the increasing demand for organic, natural, and even vegan products, the demand for tall oil fatty acid-based soaps and detergents is expected to grow at a high rate. The global TOFA market is segmented on the basis of product into linoleic acid, oleic acid, and others. TOFA is rich in oleic acid and other natural oils such as tallow fatty acids. Linoleic acid and oleic acid account for over 85% of TOFA’s internal composition. Oleic acid is extensively used in the soaps and detergents industry.

Geographically, the global TOFA market is driven by North America and Europe. These regions currently held over 75% of the global TOFA market. These regions are driven by the availability of quality raw material and the high production capacity of the paper industry. Japan in the Asia Pacific TOFA market is expected to hold a majority share in demand for tall oil fatty acid, followed by China.

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The market for TOFA is driven by the increase in demand for oleic acid in North America. TOFA is rich in oleic acid along with other natural fatty acids such as tallow oil fatty acid, lard oil fatty acid, safflower oil fatty acid, olive oil fatty acid, and peanut oil fatty acid. Most vegetable oil fatty acids are significantly higher priced; hence, these are scarcely used in industrial applications. Oleic acid is used in various applications such as soaps & detergents, paints & coatings, adhesives, emulsifiers, and oilfield chemicals. Most of these applications have expanded moderately; however, demand for oleic acid in oilfield applications holds special importance. North America accounts for the largest demand for oilfield chemicals in the world due to the presence of shale assets, oil sands, and deep-water petroleum resources in the Gulf of Mexico.

North America and Europe are the major producers as well as consumers of TOFA. Together, these regions account for more than 75% share of the global market. Availability of high quality raw materials and high production capacity of pulp and paper industry are the primary factors for the dominance of these two regions. Demand for TOFA in North America and Europe is projected to remain stable during the forecast period. Japan accounts for the majority of demand for TOFA in Asia Pacific. The country is distantly followed by China and India.

The global TOFA market is highly concentrated in nature, with the top five companies commanding the vast majority of the market share. Major companies operating in the market include Arizona Chemical Company, LLC, MeadWestvaco Corporation, Forchem Oy, Georgia Pacific LLC, and Harima Chemicals Group, Inc.

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