The
report estimates the market to develop at a CAGR of 4.1% over the
period from 2014 to 2020 and attain a market value of US$2.24 billion
by the end of the forecast period.According to the report, titled
“Fatty Acid Esters Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020”, the global market for
fatty acid esters stood at US$1.70 billion in 2013.The research
report states that the rising concerns relating to fitness and beauty
is the main factor driving the growth of the fatty acid eaters market
around the world. The rising obesity across the world is another
growth driver of this market as fatty acid esters helps in reducing
weight by burning calories.
In-depth
research report on Fatty Acid Esters Market with Full
TOC at :
http://www.transparencymarketresearch.com/fatty-acid-esters-market.html
Medium
chain triglycerides, isopropyl palmitate, glyceryl monostearates, and
other esters such as glycol, polyol, and sucrose are the key products
of the global fatty acid esters market. In 2013, the market for
glyceryl monostearates held the leading position, accounting for more
than 40% of the global fatty acid esters market. However, the market
for isopropyl palmitate is expected to register the fastest growth
over the forecast period owing to the rising demand for isopropyl
palmitate from the global cosmetic industry, states the report.
Food,
cosmetics, personal care products, lubricants, surfactants, and
others such as pharmaceuticals, and the paper industry are the key
application areas for fatty acid esters, notes the market study. The
markets for food, cosmetics, and personal care products dominate the
global fatty acid esters market at present. Additionally, the
cosmetics and personal care products market is expected to register
the fastest growth in the global market, owing to the increasing
demand for fatty acid esters in cosmetics such as creams and lotions.
The market for food is also expected to report remarkable growth over
the forecast period due to the increasing applications of fatty acid
esters in food products as emulsifying and thickening agent.
The
fatty acid esters market in North America held the leading position
in 2013, and analysts of the report expect it to maintain its
dominance during the forecast period.The report analyzes the company
profiles of the key market participants and presents the competitive
landscape prevailing in the global fatty acid esters market. The
market hierarchy, together with key strategies and recent development
of the major companies, is also presented in this report in order to
provide a clear understanding of the market dynamics.Oleon NV, The
Seydel Co. Inc., Procter & Gamble (P&G) Chemicals, DuPont,
World Chem Industries, Estelle Chemicals, Fine Organics, Evonik
Industries, KLK Oleo, Cargill Inc., and Faci Asia Pacific are the
major players functioning in the global fatty acid esters market.
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The
global fatty acid esters market is segmented into:
By
Product
- Medium chain triglycerides (MCT)
- Glyceryl monostearate
- Isopropyl palmitate
- Others (Including polyol esters, glycol esters, sucrose esters, etc.)
By
Application
- Personal care products and cosmetics
- Lubricants
- Food
- Surfactants
- Others (Including paper, pharmaceuticals, etc)
By
Region
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
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