Global Soya Fatty Acid Market Overview:
Soya fatty acids are an oil plant quite teeming in unsaturated fatty acids. it's characterized by a high proportion of linolic acid and to a lesser extent oleic acid. These fatty acids area units obtained by rending and future vacuum distillation of oil. This product includes a temperature of concerning 25° C. The solid oil is typically a yellowish liquid and lightweight color per the temperature. Soybean fatty acids have multiple applications within the oleochemical trade, together with amines, botanas, esters, fatty alcohols, lubricants.
Growth Drivers
- Rising Demand for the Oleochemical Industry Ingredients with Higher Efficiency and Suitable Properties
Roadblocks
- Allergy-Related problems with Soya Fatty Acid
Opportunities
- Rising Usage of Organic Products and Ingredients in Cosmetic Industry
Challenges
- Low Oxidative Stability Limits the Usage in Applications
Competitive Landscape:
The global market for soy fatty acids is fragmented by leading players owing to the rising demand for oleic acids for different applications like textile finishing, finishing fibers, coatings, resins, surfactants. The players should focus on product development for efficient and easier usage in oleochemical industries for saponification, innovative paint manufacturing.
Some of the key players profiled in the report are BASF SE (Germany), Arizona Chemicals (United States), Finechem (India), Croda (United Kingdom), Ashland (United States), Chemrez Technologies (Philippines), Nissin Chemical (Japan), Behn-Meyer (Thailand) and Baerlocher India Additives Private Limited (India). Additionally, following companies can also be profiled that are part of our coverage like Eastman (United States), Colgate-Palmolive (United States), Oleo Chemical (Malaysia), Oleochem India (India) and Oleon (Belgium). Considering Market by Purity, the sub-segment i.e. ≥99% will boost the Soya Fatty Acid market. Considering Market by Packaging, the sub-segment i.e. Can will boost the Soya Fatty Acid market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Soya Fatty Acid market.
Latest Market Insights:
In 2020, Croda International, Plc. acquired Avanti Polar Lipids, Inc. this combination of two leaders in life science fetches Avanti’s expertise in lipid-based drug delivery solutions through research products and pharmaceutical services with Croda’s variety of life science products and cGMP manufacturing capacity.
What Can be Explored with the Soya Fatty Acid Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Soya Fatty Acid Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Soya Fatty Acid
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Soya Fatty Acid market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Soya Fatty Acid market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Soya Fatty Acid Manufacturers, Distributor/Supplier, Raw Material Provider, Research Institutes, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.