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Tall Oil Fatty Acid Market For Soaps & Detergents, Coatings, Lubricants, Plastics, Fuel Additives, Metal Working Fluids, And Other End-User Industries - Analysis, Size, Share, Growth, Trends And Forecast 2014 - 2022
About Tall Oil Fatty Acid Market
This report covers the analysis and forecast of the Tall Oil Fatty Acid (TOFA) on a global and regional level. The study provides historic data of 2013 along with forecast for the period between 2014 and 2022 based on volume (kilo tons) and revenue (US$ Mn).
The study provides a decisive view of the TOFA market by segmenting it based on product types, applications, end-users, and regional demand. Application segments and end-user segments have been analyzed based on current trends and future potential, and the market has been estimated from 2014 to 2022 in terms of volume (kilo tons) and revenue (US$ Mn). Regional segmentation includes the current and forecast demand for North America, Europe, Rest of Asia Pacific, Latin America, and the Middle East and Africa. These have been further sub-segmented into countries and regions in terms of relevance to the market. Segmentation also includes demand for individual applications and end-users in all the regions.
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The study covers drivers and restraints governing the dynamics of the market along with their impact on demand during the forecast period. Additionally, the report includes potential opportunities in the TOFA market on the global and regional level.
We have included a detailed value chain analysis to provide comprehensive view of the TOFA market. Analysis of Porter’s Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications have been benchmarked based on their market size, growth rate, and general attractiveness for future growth.
The market has been forecast based on constant currency rates. Prices of TOFA vary in each region and are a result of the demand-supply scenario of the region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. Individual pricing of TOFA for each application has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down the market by application segments in each region.
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The report provides the size of the TOFA market for 2013 and the forecast for the next nine years up to 2022. The size of the global TOFA market is provided in terms of both volume and revenue. Market volume is defined in kilo tons, while market revenue for regions is in US$ Mn. The market size and forecast for each product segment is provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different applications and types of raw materials. Market dynamics prevailing in North America and Europe have been taken into account for estimating the growth of the global market.
Market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. The price for commonly utilized grades of TOFA in each application has been considered, and the customized product pricing has not been included. Demand for TOFA has been derived by analyzing the global and regional demand for TOFA in each application and end-user segment. The global TOFA market has been analyzed based on expected demand. Market data for each segment is based on volume and corresponding revenues. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers, based on manufacturer feedback and application requirement. Forecasts have been based on the expected demand from TOFA application and end-user segments. We have used the top-down approach by considering global demand for TOFA. Global demand was further segmented by regions and end-use markets. Application segments were derived through the bottom-up approach, integrating regional demand from end-users. Product segment analysis is based on the composition of TOFA in various regions. The composition of TOFA derived from pine trees is anticipated to be the same over time. Market forecasts are also based on comparative demand for oleic and linoleic acids. Companies were considered for market share analysis based on their product portfolio, revenue, and manufacturing capacities. In the absence of specific data related to the sales of TOFA of several privately held companies, calculated assumptions have been made in view of the company’s product portfolio and regional presence along with the demand for products in its portfolio. Additionally the report includes the manufacturing process of TOFA’s application segments
The report covers a detailed competitive outlook which includes the market share and company profiles of key participants operating in the global market. Key players profiled in the report include Arizona Chemical Company, LLC, MeadWestvaco Corporation, Forchem Oy, Georgia Pacific LLC, and Harima Chemicals Group, Inc. The study also includes company profiles of players involved in the end-user segment of tall oil fatty acid. Company profiles include attributes such as company overview, brand overview, financial overview (in terms of financial year), business strategies, and recent/key developments.
Tall Oil Fatty Acid Market - Product Segment Analysis
Oleic acid
Linoleic acid
Others (Including linoleic acid, maleic acid, and stearic acid)
Tall Oil Fatty Acid Market - Application Analysis
Dimer acid
Alkyd resin
Fatty acid ester
Others (Including dimer acid and fatty acid soaps)
Tall Oil Fatty Acid Market - End-user Analysis
Soap & detergents
Coatings
Lubricants
Plastics
Fuel additives
Metal working fluid
Others (Including adhesives, asphalt additives, and biofuel)
Tall Oil Fatty Acid Market - Regional Analysis
North America
U.S.
Rest of North America
Europe
Sweden
Finland
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East and Africa
GCC Countries
South Africa
Rest of MEA
Table Of Contents
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
1.2.1 GlobalTall Oil Fatty Acid Market, Segmentation by Product Segments, Applications, End-users, and Regions
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
1.4.1 Abbreviations
Chapter 2 Executive Summary
2.1 Global Tall Oil Fatty Acid Market, 2013 – 2022 (Kilo Tons) (US$ Mn)
Chapter 3 Tall Oil Fatty Acid Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Demand for Oleic Acid in North America Shapes Demand for TOFA
3.3.1.1 U.S. Crude Oil Production Per Day (2005-2014)
3.3.2 Demand Generated by Soaps & Detergents and Coatings Applications has Traditionally Buoyed TOFA Market
3.3.2.1 Global Cleaning Products Industry Revenue (US$ Bn) (2013 - 2022)
3.3.2.2 Global Paints & Coatings Industry Revenue (US$ Bn) (2013 - 2022)
3.4 Market Restraints
3.4.1 Low Market Penetration in Asia Pacific Region
3.5 Market Opportunities
3.5.1 Biodiesel production from TOFA based feedstock offers opportunities to TOFA Market
3.5.2 Shifting market preference for tall oil fatty acid from tallow oil fatty acid in North America and Europe
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Global Tall Oil Fatty Acid - Market Attractiveness Analysis
3.7.1 Global Tall Oil Fatty Acid - Market Attractiveness Analysis, 2013
3.8 Global Tall Oil Fatty Acid Market - Company Market Share Analysis
3.8.1 Global TOFA Market: Company Market Share Analysis, 2013
3.9 Integration in TOFA Industry
Chapter 4 Tall Oil Fatty Acid Market – Raw Material & Price Analysis
4.1 Global Tall Oil Fatty Acid Market: Technical Overview
4.2 Tall Oil Formulations in Alkyd Resins
4.3 Tall Oil Formulations in Dimer Acid
4.4 Tall Oil Formulations in Fatty Acid Esters
4.5 Global Tall Oil Fatty Acid Market: Raw Material Price Trend Analysis
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