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Fatty Acid Methyl Ester Market Size, Share Global Analysis Report, 2020–2026
Fatty Acid Methyl Ester Market By Product (Polyol Esters, Sucrose Esters, Glyceryl Monostearate, Isopropyl Palmitate, Medium Chain Triglycerides and Glycol Esters) and By Application (Fuels, Polymers, Lubricants, Coatings, Food, Metalworking Fluids, Agriculture and Other): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[172+ Pages Report] According to the report published by Facts Factors, the global fatty acid methyl ester market size was worth around USD 20,000 million in 2019 and is predicted to grow to around USD 28,300 million by 2026 with a compound annual growth rate (CAGR) of roughly 5% between 2020 and 2026. The report analyzes the global fatty acid methyl ester market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the fatty acid methyl ester market.
The fatty acid 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 fatty acid 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 Million) from FY 2016 – 2026.
Key Insights from Primary Research
- The “Polyol esters” type held the leading share at more than 20%, in 2019.
- According to primary Participants, the FAME market is projected to grow annually at a rate of around 5%.
- The Asia Pacific leads the market for FAME, owing to the escalating disposable income and rapid industrialization in India and China.
- The “Fuels ” category, was the prominent revenue-producing category contributing to around 25% share, in 2019.
- It was acknowledged through primary research that the FAME market was priced at around USD 20,000 million in 2019.
Key Recommendations from Analysts
- The rising demand for detergents is projected to propel the growth of the global market in the forthcoming time.
- Growing at a CAGR of around 5%, the FAME market delivers several opportunities for all of the comprised stakeholders through the entire value chain.
- According to Analysts, the FAME industry across the world is growing at a significant rate.
- Our analysts have recognized “Polyol esters” and “fuel” categories are the prominent investment options for the global Fatty Acid Methyl Ester market in terms of type and end-user segmentation respectively.
- The Asia Pacific market is projected to support market growth due to escalating disposable income and rapid industrialization in India and China. Latin America and the Middle East & Africa are also projected to see substantial growth in the requirement of methyl esters of fatty acids in the forecasted period.
Global Fatty Acid Methyl Ester Market Share: By Application
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 fatty acid 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 fatty acid methyl ester industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the fatty acid 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 fatty acid methyl ester industry. The fatty acid 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 fatty acid methyl ester sector. Key strategic developments in the fatty acid 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 fatty acid methyl ester market are appropriately highlighted in the report.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 20,000 Million |
Projected Market Size in 2026 |
USD 28,300 Million |
CAGR Growth Rate |
5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Diester Industries, Western Iowa Energy, Biofuels Corporation, Novaol, Biopetrol Industries, Cargill and ADM Biodiesel., and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The fatty acid methyl ester market research report delivers an acute valuation and taxonomy of the fatty acid 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 fatty acid 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 fatty acid methyl ester industry is provided for the leading economies of the world.
The fatty acid methyl ester market is segmented based on product and application. On the basis of product segmentation, the market is classified into polyol esters, sucrose esters, glyceryl monostearate, isopropyl palmitate, medium-chain triglycerides, and glycol esters. In terms of application segmentation, the market is bifurcated into fuels, polymers, lubricants, coatings, food, metalworking fluids, agriculture and others.
Some of the essential players operating in the fatty acid methyl ester market, but not restricted to include:
- Western Iowa Energy
- Novaol
- ADM Biodiesel
- Cargill
- Biopetrol Industries
- Biofuels Corporation
- Diester Industries
- Green Fuels
The taxonomy of the fatty acid methyl ester industry by its scope and segmentation is as follows:
By Product Segmentation Analysis (Customizable)
- Polyol Esters
- Sucrose Esters
- Glyceryl Monostearate
- Isopropyl Palmitate
- Medium Chain Triglycerides
- Glycol Esters
By Application Segmentation Analysis (Customizable)
- Fuels
- Polymers
- Lubricants
- Coatings
- Food
- Metalworking fluids
- Agriculture
- Other
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 Middle East & Africa
Table of Content
Industry Major Market Players
- Western Iowa Energy
- Novaol
- ADM Biodiesel
- Cargill
- Biopetrol Industries
- Biofuels Corporation
- Diester Industries
- Green Fuels
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