About Fatty Esters
Fatty esters are defined as the ester which resulted from the combination of oil or fat with an alcohol. In pharmaceuticals, it is used as antifoaming agents, emulsifiers, thickening agents in the ointment. It is widely used in various industrial applications such as food, cosmetics, metalworking fluids, and others. Rising consumer preference towards natural and specialty esters in personal care products are some of the major drivers which are propelling the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitive landscape for fatty esters is diverse and evolving. Companies that adapt to emerging trends, invest in innovation, and focus on sustainability are well-positioned to thrive in this growing market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fatty Esters market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Acidchem International Sdn Bhd (Malaysia), Sumitomo Chemical Co., Ltd. (Japan), ABITEC Corp. (United States), Archer Daniels Midland (United States), Croda International (United Kingdom), AkzoNobel (Netherlands), Faci Asia Pacific Pte, (Singapore), BASF SE (Germany), DuPont (United States) and Felda IFFCO (Malaysia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Gattefosse (France), Lonza (Switzerland), Sasol Limited (South Africa), Stearinerie Dubois (France), Fine Organics, (India), Stepan Company (United States), PMC Biogenix Inc, (Shelby) and Subhash Chemical Industries (India).
Segmentation Overview
AMA Research has segmented the market of Global Fatty Esters market by Type (Glyceryl Monostearate, Medium Chain Triglyceride Oil, Isopropyl Palmitate and Isopropyl Myristate and Others), Application (Food, Personal Care & Cosmetics, Functional Fluids and Other) and Region.
On the basis of geography, the market of Fatty Esters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Store-Based Retailing will boost the Fatty Esters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Fatty Ester
Market Growth Drivers:
Increasing Use in Personal Care including Cosmetics, Lubricants, Paper and Food Products and Growing Demand for Fatty Esters for Industrial Applications
Challenges:
Problem related to fluctuations in crude oil prices
Restraints:
High Cost of Ester-Based Lubricants
Opportunities:
Rising demand from Emerging Economics Such as India, China and Others
Market Leaders and their expansionary development strategies
In November 2023, Emery Oleochemicals forms a strategic partnership with China's Zhejiang Hualong Chemical Industry to establish a joint venture for the production of high-purity fatty esters for the pharmaceutical and cosmetics industries. This venture combines Emery's technological know-how with Hualong's established manufacturing infrastructure in China to cater to the growing demand for high-quality fatty esters in Asia.
In September 2023, Evonik launches its TEGO® Care 450, a unique fatty acid ester specifically designed for sun protection products. This ester provides excellent UV protection and skin compatibility, enhancing the safety and efficacy of sunscreens.
Key Target Audience
Manufacturers of Fatty Esters, Suppliers of Fatty Esters, Wholesalers, distributors and retailers of Fatty Esters, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.