Palm Methyl Ester Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

The palm methyl ester market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire palm methyl ester market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Billion) from FY 2016 – 2026.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the palm methyl ester industry. The report analyzes and declares the historical and current trends analysis of the palm methyl ester industry and subsequently recommends the projected trends anticipated to be observed in the palm methyl ester market during the upcoming years.

Key Insights from Primary Research

• As per our primary respondents, the palm methyl ester market is set to grow annually at a rate of around 5.10%
• It was established through primary research that the palm methyl ester market was valued at around USD 5.5 billion in 2019
• The Asia Pacific held the largest market share of the palm methyl ester in terms of revenue in 2018
• The “lubricants” category, on the basis of application segmentation, was the leading revenue-generating category in 2018
• The palm methyl ester is used as emulsifiers in the food industry

Key Recommendations from Analysts

• As per our analysts, increasing demand for palm methyl ester in the biofuel industry is expected to drive the market for palm methyl ester market in coming years
• Issues such as deforestation for plantation of the palm may hurdle the growth of the palm methyl ester market
• Growing demand from the food industry for the palm methyl ester market is likely to offer new opportunities in the coming years
• Latin America is expected to experience lucrative growth over a period of years due to the growing industrialization and food industry in Brazil
• India, China, and Japan are expected to be the most potent markets in the near future due to increasing automotive and agricultural industry in these regions

Global Palm Methyl Ester Market Share – By Region

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the palm methyl ester industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the palm methyl ester industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the palm methyl ester market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the palm methyl ester industry. The palm methyl ester market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the palm methyl ester sector. Key strategic developments in the palm methyl ester market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the palm methyl ester market are appropriately highlighted in the report.

An increasing trend for eco-friendly fuel is likely to drive the palm methyl ester market. Moreover, rising demand from the end-user industry such as the food industry, and lubricant agriculture is expected to trigger the growth of the palm methyl ester market in the coming years. The growing industrial sector is expected to aid the growth of the palm methyl ester market in the coming years. High accomplishment forms the government for use of bio-based fuel is predicted to bloom the palm methyl ester market in the forecast period. However, environmental concerns regarding the plantation of the palm may impede the growth of the palm methyl ester market. Nevertheless, ongoing research for exploiting properties and untapped opportunities of palm methyl ester is likely to positively impact on palm methyl ester market in the coming years.

The palm methyl ester market research report delivers an acute valuation and taxonomy of the palm methyl ester industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the palm methyl ester industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the palm methyl ester industry is provided for the leading economies of the world.

The palm methyl ester market is segmented based on Application. In terms of Application segmentation, the market is bifurcated into Biofuel, Food, Lubricants, Surfactants, Agriculture, Solvents, Polymers, Metal Working Fluids, and Others.

Report Scope

Some of the essential players operating in the palm methyl ester market, but not restricted to include

•  PG Worldwide Trade SDN BHD
•  RITS
•  LOL OleochemicalsSdn. Bhd.
•  AM Biofuels Sdn Bhd.
•  Green and Natural Sdn Bhd.
•  Alternative Fuels Holdings Sdn Bhd
•  On Biz Enterprise
•  Pure Diesel Co. Ltd.
•  BioinventSdn Bhd.
•  International Source
•  Natural Fuel PTE Ltd.
•  Agricode Bio-Technology Pte Ltd.

The taxonomy of the palm methyl ester industry by its scope and segmentation is as follows:

By Application Segmentation Analysis (Customizable)

• Bio-fuel
• Food
• Lubricants
• Surfactants
• Agriculture
• Solvents
• Polymers
• Metal Working Fluids
• Others

Global Palm Methyl Ester Market: Regional Segmentation Analysis (Customizable)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa