Press release
Fatty Acid Market Key Players Analysis - Akzo Nobel N.V, BASF SE, Arizona Chemicals, Ashland Inc, Oleon N.V., Ferro Corporation
Market HighlightsGlobal Fatty acid market size was estimated over ~22 million tons in 2015. The market anticipated witness a significant growth over the forecasted period owing to growing applications such as Health Care, cosmetics industry, textile industry various industries.
Fatty acids are a carboxylic acid combination of a hydrocarbon chain and a carboxyl acid group, especially any of those occurring as esters in fats and oils. Fatty acids play a key role in metabolism: as a metabolic fuel, as a necessary component of all membranes, and as a gene regulator.
The major driving factors of fatty acid market are growing demand from personal and home care products and emerging economies in the Central and South America. In addition, the increasing demand from the soap, cosmetic, medicines industry is expected to fuel market growth of fatty acids in near future. Biological effects due to deficiency of fatty acids are expected to hamper the growth of fatty acids. Potential effects include blood pressure, stroke, coronary artery disease, inflammation among others.
Increasing application scope in textile industry is likely to drive fatty acids market demand. Its derivative namely fatty acid ethoxylate are used in various textile applications such as wetting agents, dispersants and scouring agents They are also used as spin finishing agents in numerous textile formulations. Some of the other fatty acid downstream potential market applications include its uses in lubricants & greases, paints & coatings, mining, metal working, rubber manufacturing and leather.
The major driving factors of fatty acid market are growing demand from personal and home care products and emerging economies in the Central and South America. In addition, the increasing demand from the detergent and soap industry is expected to fuel market growth of fatty acids in near future. Biological effects due to deficiency of fatty acids are expected to hamper the growth of fatty acids. Potential effects include blood pressure, stroke, coronary artery disease, inflammation among others.
Fatty Acid Market is expected to grow at ~9.4% CAGR during 2016-2022
Key Players:
Key players of the global fatty acid market are
• Akzo Nobel N.V (Netherlands),
• BASF SE (Germany),
• Arizona Chemicals (U.S.),
• Ashland Inc. (U.S.),
• Eastman Chemical Company (U.S.),
• Croda(India),
• Oleon N.V.( Belgium),
• Godrej Industries (India),
• Colgate-Palmolive Ltd (India),
• Ferro Corporation(U.S.)
• others.
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Regional analysis:
Asia pacific is largest consumer and producer of fatty acids including China, India and Malaysia covering most of the market share of fatty acid production. China covers more than half of the Asia’s fatty acids market share being the application of soap, detergent and cosmetic. Europe comes at second position in market share of fatty acids consumption and is expected to show moderate growth rate due to, price fluctuation, market saturation and change in market trends. North America shows moderate consumption of fatty acids. The market share of North Americas for same is expected to grow in future due to presence of variety of industries and their natural fatty acids requirement.
Segmentation:
The global Fatty acid market is majorly segmented on the basis of application. Based on application of fatty Acid the market segmented into Health Care, food industry, lubricants, agrochemicals, and textile industry. Additionally, the market is segmented by type as saturated, monounsaturated, polyunsaturated, and Trans fats.
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Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Fatty Acid Market
5 Industry Overview Of Global Fatty Acid Market
Continue…..
List Of Tables
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Fatty Acid Market: By Region, 2014-2022 (USD Million)
Table 3 North America Fatty Acid Market: By Country, 2014-2022 (USD Million)
Table 4 Europe Fatty Acid Market: By Country, 2014-2022 (USD Million)
Table 5 Asia-Pacific Fatty Acid Market: By Country, 2014-2022 (USD Million)
Table 6 RoW Fatty Acid Market: By Country, 2014-2022 (USD Million)
Table 7 Global Fatty Acid For Types Market: By Regions, 2014-2022 (USD Million)
Table 8 North America Fatty Acid For Types Market: By Country, 2014-2022 (USD Million)
Table 9 Europe Fatty Acid For Types Market: By Country, 2014-2022 (USD Million)
Table 10 Asia-Pacific Fatty Acid For Types Market: By Country, 2014-2022 (USD Million)
Continue…….
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