Fatty Acid Methyl Ester Market : Growth Factors, Gross Margin, Major Companies, Value Chain & 2027 Forecast
Description :
Fatty Acid Methyl Ester (FAME) Market Information: By Type (Medium Chain Triglyceride, Isopropyl Palmitate, Glyceryl Monostearate), Applications (Fuel, Lubricant, Metalworking Fluids, Coatings, Cosmetics & Personal Care), Region - Forecast till 2027
Keywords:
Fatty Acid Methyl Ester Market industry , Fatty Acid Methyl Ester Market, Global Fatty Acid Methyl Ester industry , Fatty Acid Methyl Ester Industry value, Fatty Acid Methyl Ester Industry segment
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Report :
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Fatty Acid Methyl Ester Market Analysis
The fatty acid methyl ester is an organic chemical compound, synthesized through transesterification of fatty acids and methanol. It can be derived from the vegetable source such as palm oil, rapeseed, vegetable oil, and soya beans. Rapeseeds are mainly preferred to produce fatty acid methyl ester due to high oil content (over 30%–40%), and it's high cetane content that gives complete combustion as well as lowers the emissions of harmful gases.
By type, the medium chain triglyceride is the fastest growing type of FAME among others due to surging demand from the foods & beverages industry. Glyceryl monostearate, another substantial type of FAME, is majorly used as an emulsifier in baking operations.
Based on applications, the product is primarily used as a substantial constituent of biodiesel and is preferred over conventional diesel due to non-toxic and biodegradable nature. Additionally, FAME is majorly used to nullify any corrosion that can be caused by free fatty acids to the metals of engines and production facilities. In the food & beverages industry FAME is used an emulsifying and thickening agent. The product finds its usage in a range of applications such as fuel additives, coatings, lubrication, metalworking fluids, and cosmetics & personal care.
Regional Analysis
The global fatty acid methyl ester market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific is the largest regional market across the globe due to increasing industrialization and growing automotive industry along with significant growth of the agriculture sector in this region. Countries namely India, China, South Korea, Malaysia, and Singapore are the major contributors to the growth of this region owing to the significant presence of major end-use industries namely foods & beverages, automotive, agrochemicals.
North America is the second leading region in the global fatty acid methyl ester (FAME) market. The U.S. is the leading market in this region owing to the presence of well-established end-user industries and substantial manufacturers of the FAME such as Archer Daniels Midland Company (ADM), Alnor Oil Co. Inc., and Cargill Inc.
Europe is another substantial region in the global fatty acid methyl ester (FAME) market. The major contributors to the growth of this regional market are the U.K., Germany, France, and Poland, wherein the automotive sector is the major consumer of FAME.
The Middle East & Africa and Latin America are holding a relatively little share of the market. Yet, these regions are projected to have a significant share in the global fatty acid methyl ester (FAME) market during the years to follow.
Competitive Analysis
Some of the key players in the global fatty acid methyl ester (FAME) market are BASF S.E. (Germany), Archer Daniels Midland Company (ADM) (U.S.), Cargill Inc. (U.S.), Wilmar International Limited (Singapore), Procter & Gamble (Singapore), Emery Oleochemicals Group (Malaysia), Evonik Industries AG (Germany), KLK Oleo (Malaysia), Longyan Zhuoyue New Energy Co. Ltd. (China), and Alnor Oil Co. Inc. (U.S.) among others.
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Fatty Acid Methyl Ester Market : Growth Factors, Gross Margin, Major Companies, Value Chain & 2027 Forecast
Description :
Fatty Acid Methyl Ester (FAME) Market Information: By Type (Medium Chain Triglyceride, Isopropyl Palmitate, Glyceryl Monostearate), Applications (Fuel, Lubricant, Metalworking Fluids, Coatings, Cosmetics & Personal Care), Region - Forecast till 2027
Keywords:
Fatty Acid Methyl Ester Market industry , Fatty Acid Methyl Ester Market, Global Fatty Acid Methyl Ester industry , Fatty Acid Methyl Ester Industry value, Fatty Acid Methyl Ester Industry segment
Access Full Report Details and Order this Premium
Report : https://www.marketresearchfuture.com/reports/fatty-acid-methyl-ester-market-6170
Fatty Acid Methyl Ester Market Analysis
The fatty acid methyl ester is an organic chemical compound, synthesized through transesterification of fatty acids and methanol. It can be derived from the vegetable source such as palm oil, rapeseed, vegetable oil, and soya beans. Rapeseeds are mainly preferred to produce fatty acid methyl ester due to high oil content (over 30%–40%), and it's high cetane content that gives complete combustion as well as lowers the emissions of harmful gases.
By type, the medium chain triglyceride is the fastest growing type of FAME among others due to surging demand from the foods & beverages industry. Glyceryl monostearate, another substantial type of FAME, is majorly used as an emulsifier in baking operations.
Based on applications, the product is primarily used as a substantial constituent of biodiesel and is preferred over conventional diesel due to non-toxic and biodegradable nature. Additionally, FAME is majorly used to nullify any corrosion that can be caused by free fatty acids to the metals of engines and production facilities. In the food & beverages industry FAME is used an emulsifying and thickening agent. The product finds its usage in a range of applications such as fuel additives, coatings, lubrication, metalworking fluids, and cosmetics & personal care.
Regional Analysis
The global fatty acid methyl ester market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific is the largest regional market across the globe due to increasing industrialization and growing automotive industry along with significant growth of the agriculture sector in this region. Countries namely India, China, South Korea, Malaysia, and Singapore are the major contributors to the growth of this region owing to the significant presence of major end-use industries namely foods & beverages, automotive, agrochemicals.
North America is the second leading region in the global fatty acid methyl ester (FAME) market. The U.S. is the leading market in this region owing to the presence of well-established end-user industries and substantial manufacturers of the FAME such as Archer Daniels Midland Company (ADM), Alnor Oil Co. Inc., and Cargill Inc.
Europe is another substantial region in the global fatty acid methyl ester (FAME) market. The major contributors to the growth of this regional market are the U.K., Germany, France, and Poland, wherein the automotive sector is the major consumer of FAME.
The Middle East & Africa and Latin America are holding a relatively little share of the market. Yet, these regions are projected to have a significant share in the global fatty acid methyl ester (FAME) market during the years to follow.
Competitive Analysis
Some of the key players in the global fatty acid methyl ester (FAME) market are BASF S.E. (Germany), Archer Daniels Midland Company (ADM) (U.S.), Cargill Inc. (U.S.), Wilmar International Limited (Singapore), Procter & Gamble (Singapore), Emery Oleochemicals Group (Malaysia), Evonik Industries AG (Germany), KLK Oleo (Malaysia), Longyan Zhuoyue New Energy Co. Ltd. (China), and Alnor Oil Co. Inc. (U.S.) among others.
Get a Sample Report Now https://www.marketresearchfuture.com/sample_request/6170:
Read more at:
https://telegra.ph/Expanding-Construction-Industry-Predominantly-Drives-Global-Ethyleneamines-Market-MRFR-Releases-the-Forecast-for-2016-2023-07-26
https://telegra.ph/Automotive-Wrap-Films-Market-Size-Share--Trends-Analysis-Report-By-Application-By-Region-Asia-Pacific-Europe-North-America-And-S-07-26
NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com