Press release
Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market to reach $8bn by 2024
Regulations regarding industrial and workplace cleanliness, coupled with the growing number of industries all around the globe will signify the surfactants demand throughout the considered forecast span. Surfactants industry was worth beyond USD 30 billion in 2015 with an estimated growth at a moderate rate from 2016 to 2024.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1143
Growing concerns regarding the harmful side effects of chemicals present in cosmetics and toiletries will also play a major role in promoting the palm kernel oil and coconut oil based natural fatty acids market throughout the forecast span. Rising awareness about the benefits of naturally derived cosmetic and personal care products will strengthen the market throughout the forecast span. Moreover, increasing number of concept retail stores and showrooms, along with rising demand from departmental stores, beauty product stores, spas, salons, etc. will drive the demand in coming years.
Global organic personal care products market size was above USD 10 billion in 2015. It will likely exceed USD 24 billion by 2024, with a high growth rate of over 10% CAGR. Extensive use of palm kernel and coconut oil based products for moisturizing, makeup, suntan, and hair care will support the rise in palm kernel oil and coconut oil based natural fatty acids market demand. A shifting trend towards organic or bio-based personal care products along with gradual advancements in ethical consumerism will propel the demand for end products derived from natural fatty acids.
The highly inconsistent raw material price trends may hinder global palm kernel oil and coconut oil based natural fatty acids market throughout the forecast span. Rate of change of palm kernel oil price ranged from -15.14% to 21.53% between 2013 and 2015, and that of coconut oil ranged from -10.38% to 28.93% in the same timeframe. Concentration of palm kernel and coconut production in Asia Pacific region will also significantly increase the raw material cost in other parts of the globe.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1143
Detergents and personal care products are the principal end-user segments for the industry, collectively accounting to more than half of the overall market share. Rising awareness and initiatives for promoting residential, commercial, and industrial cleanliness makes detergents sector a significant end-user with over a third of the overall palm kernel oil and coconut oil based natural fatty acids market size.
In 2015, personal care segment generated over USD 1 billion, and it will likely have a moderate growth rate owing to growing inclination towards natural and organic cosmetics, skin care, and hair care products.
Asia Pacific will dominate palm kernel oil and coconut oil based natural fatty acids market owing to concentration of raw material production in South East Asian countries such as Philippines, Indonesia, India, and Vietnam. The region also has several oleochemical manufacturing industries for development of the end products. Asia Pacific region recorded more than half of the overall global palm kernel oil and coconut oil based natural fatty acids market.
Browse key industry insights spread across 105 pages with 89 market data tables & 11 figures & charts from the report, “Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market Size by End-user (Detergents, Personal Care, Plastics, Rubber), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/palm-kernel-oil-and-coconut-oil-based-natural-fatty-acids-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Global Market Insights, Inc.
29L Atlantic Avenue,
Suite L 105
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market to reach $8bn by 2024 here
News-ID: 917064 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Oil
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is…
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty…
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
According to Fact.MR, the sales of cooking oils are expected to increase at a steady pace during the forecast period. The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026). Also, Fact.MR analysis has revealed that the volume sales of cooking oils is estimated to surpass 250,000,000 tons by the end of the year of assessment (2026). Health advantages associated with…
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
Since several years, cooking oil section in supermarkets and hypermarkets has been a crowded spot, where individuals keep choosing on several cooking oil options available that are healthy to consume. Cooking oil is an essential component in daily cooking activity, be it a restaurant or home. This, in combination with increasing population percentage, especially in emerging economies, is expected to fuel the consumption of cooking oils. However, aspects related to…
Specialty Fats and Oils Market (Product Type - Specialty Oils (Corn Oil, Sun Flo …
The global Specialty fats and Oils Market expected to reach a value of US$ 142.1 Bn by 2026. The market projected to grow at a CAGR of 6.6 % in terms of revenue during the forecast period from 2018 to 2026, according to a new research report by Transparency Market Research (TMR). The product manufactured may vary according to the end use application of processing by specialty fats and oils.…
Europe Mosquito Repellent Candles Market by Raw Material Type : Citronella Oil, …
Albany, New York, July 17, 2017 : Recent research and the current scenario as well as future market potential of "Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" globally.
Mosquito repellent candles are having huge untapped potential for growth. In contrast to the other categories of mosquito repellent products that are available in the market such as mosquito creams, liquids, coils, and…
