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Report Description

Report Description

Global Fatty Acid Methyl Ester Market is anticipated to witness robust growth in the forecast period, 2024-2028. The global market for fatty acid methyl esters is anticipated to prosper from rising demand for fatty acid methyl esters from different end-use industries. For applications in lubricants, paints and coatings, food and agriculture, detergents and surfactants, metalworking, emulsifiers, and others, fatty acid methyl ester is the most favored substitute for traditional mineral-based products.

Moreover, one of the main drivers projected to propel the expansion of the worldwide fatty acid ester market is expected to be the low toxicity of fatty acid esters and the changing preference of consumers for biodiesel over conventional diesel. Due to their low cost and decomposing ability, fatty acids are predicted to expand as the automotive industry gradually shifts to green technology. According to the National Biodiesel Board, biodiesel, renewable diesel, and renewable jet fuel use in air transportation, electricity generation, and home heating applications will exceed six billion gallons by 2030, thus eliminating over 35 million metric tons of CO2 equivalent greenhouse gas emissions annually.

Increasing Demand of Renewable Energy Sources

Fatty Acid Methyl Ester (FAME) is preferred over conventional diesel because of its properties, such as lower toxic emissions. Because of its advantages over traditional diesel, such as its lower air pollutants, fatty acid methyl ester is preferred. As a result, it is regarded as non-toxic and biodegradable. Fatty Acid Methyl Ester (FAME) is a widespread thickening and emulsifying agent in the food industry. The expanding food sector is anticipated to support the fatty acid methyl ester market's expansion. It is frequently employed as a green solvent in solvent applications because of its low VOC concentration and biodegradability.

Demand from Various End-Use Industries

The global fatty acid and methyl acid markets are driven by demand from numerous end-use industries. It creates a leather fat liquoring agent utilized as a great textile detergent in the leather industry. Its properties, such as superior solubility in organic solvents, good lubricity, and high boiling temperatures, are also driving up demand for it in various end-use industries, including coatings, food, and metalworking fluids, lubricants, solvents, and fuels.


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Market Segmentation

Global Fatty Acid Methyl Ester Market is segmented based on Feedstock, and End-Use. Based on Feedstock, the market is divided into Rapeseed, Sunflower, Palm oil, Soybean, Animal Fat and Others. Based on End-Use, the market is divided into Fuels, Food Processing, Lubricants, Coatings, Pharmaceuticals and Others.

Market players

Cargill Inc., DuPont, Estelle Chemicals Pvt. Ltd., Evonik Industries, Faci Asia Pacific Pte. Ltd, Fine Organics, KLK Oleo, Metroshen International Corporation, Oleon N.V., TCI Chemicals Pvt. Ltd are some of the key players operating in the market.
 

Attribute

Details

Base Year

2022

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Volume Forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Feedstock

·         End-Use

Regional scope

Europe, North America, Asia Pacific, Middle East & Africa

Country scope

Germany; France; United Kingdom; Russia; Sweden; Denmark; Switzerland; United States; Canada; Mexico; China; India; Japan; Australia; South Korea; South Africa; UAE, Saudi Arabia.

Key companies profiled

BASF SE, Cargill Inc., DuPont, Estelle Chemicals Pvt. Ltd., Evonik Industries, Faci Asia Pacific Pte. Ltd, Fine Organics, KLK Oleo, Metroshen International Corporation, Oleon N.V., TCI Chemicals Pvt. Ltd

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global plastic films & sheets market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Green Fatty Acid Methyl Ester Market, By Feedstock:
    • Rapeseed
    • Sunflower
    • Palm oil
    • Soybean
    • Animal Fat
    • Others
  •   Green Fatty Acid Methyl Ester Market, By End-Use:
    • Fuels
    • Food Processing
    • Lubricants
    • Coatings
    • Pharmaceuticals
    • Others

·         Green Fatty Acid Methyl Ester Market, By region:

    • Europe
      • France
      • Germany
      • United Kingdom
      • Russia
      • Sweden
      • Denmark
      • Switzerland
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Qatar 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Fatty Acid Methyl Ester market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Fatty Acid Methyl Ester market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Fatty Acid Methyl Ester Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Feedstock (Rapeseed, Sunflower, Palm oil, Soybean, Animal Fat and Others)

5.2.2.     By End-Use (Fuels, Food Processing, Lubricants, Coatings, Pharmaceuticals, Others)

5.2.3.     By Region (Europe, Asia Pacific, North America, Middle East & Africa)

5.2.4.     By Company (2022)

5.3.  Market Map

5.3.1.     By Type

5.3.2.     By End-Use

5.3.3.     By Region

5.4.  Pricing Analysis

6.    Europe Fatty Acid Methyl Ester Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.  By Feedstock (Rapeseed, Sunflower, Palm oil, Soybean, Animal Fat and Others)

6.2.2.  By End-Use (Fuels, Food Processing, Lubricants, Coatings, Pharmaceuticals, Others)

6.2.3.     By Country

6.3.  Pricing Analysis

6.4.  Europe: Country Analysis

6.4.1.     France Fatty Acid Methyl Ester Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value & Volume

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Feedstock

6.4.1.2.2.             By End-Use

6.4.2.     Germany Fatty Acid Methyl Ester Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value & Volume

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Feedstock

6.4.2.2.2.             By End-Use

6.4.3.     United Kingdom Fatty Acid Methyl Ester Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value & Volume

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Feedstock

6.4.3.2.2.             By End-Use

6.4.4.     Russia Fatty Acid Methyl Ester Market Outlook

6.4.4.1.         Market Size & Forecast

6.4.4.1.1.             By Value & Volume

6.4.4.2.         Market Share & Forecast

6.4.4.2.1.             By Feedstock

6.4.4.2.2.             By End-Use

6.4.5.     Sweden Fatty Acid Methyl Ester Market Outlook

6.4.5.1.         Market Size & Forecast

6.4.5.1.1.             By Value & Volume

6.4.5.2.         Market Share & Forecast

6.4.5.2.1.             By Feedstock

6.4.5.2.2.             By End-Use

6.4.6.     Denmark Fatty Acid Methyl Ester Market Outlook

6.4.6.1.         Market Size & Forecast

6.4.6.1.1.             By Value & Volume

6.4.6.2.         Market Share & Forecast

6.4.6.2.1.             By Feedstock

6.4.6.2.2.             By End-Use

6.4.7.     Switzerland Fatty Acid Methyl Ester Market Outlook

6.4.7.1.         Market Size & Forecast

6.4.7.1.1.             By Value & Volume

6.4.7.2.         Market Share & Forecast

6.4.7.2.1.             By Feedstock

6.4.7.2.2.             By End-Use

7.    North America Fatty Acid Methyl Ester Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Feedstock (Rapeseed, Sunflower, Palm oil, Soybean, Animal Fat and Others)

7.2.2.     By End-Use (Fuels, Food Processing, Lubricants, Coatings, Pharmaceuticals, Others)

7.2.3.     By Country

7.3.  Pricing Analysis

7.4.  North America: Country Analysis

7.4.1.     United States Fatty Acid Methyl Ester Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Feedstock

7.4.1.2.2.             By End-Use

7.4.2.     Canada Fatty Acid Methyl Ester Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Feedstock

7.4.2.2.2.             By End-Use

7.4.3.     Mexico Fatty Acid Methyl Ester Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Feedstock

7.4.3.2.2.             By End-Use

8.    Asia-Pacific Fatty Acid Methyl Ester Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.  By Feedstock (Rapeseed, Sunflower, Palm oil, Soybean, Animal Fat and Others)

8.2.2.  By End-Use (Fuels, Food Processing, Lubricants, Coatings, Pharmaceuticals, Others)

8.2.3.     By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Fatty Acid Methyl Ester Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Feedstock

8.4.1.2.2.             By End-Use

8.4.2.     India Fatty Acid Methyl Ester Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Feedstock

8.4.2.2.2.             By End-Use

8.4.3.     Japan Fatty Acid Methyl Ester Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Feedstock

8.4.3.2.2.             By End-Use

8.4.4.     South Korea Fatty Acid Methyl Ester Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Feedstock

8.4.4.2.2.             By End-Use

8.4.5.     Australia Fatty Acid Methyl Ester Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Feedstock

8.4.5.2.2.             By End-Use

9.    Middle East and Africa Fatty Acid Methyl Ester Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.  By Feedstock (Rapeseed, Sunflower, Palm oil, Soybean, Animal Fat and Others)

9.2.2.  By End-Use (Fuels, Food Processing, Lubricants, Coatings, Pharmaceuticals, Others)

9.2.3.     By Country

9.3.  Pricing Analysis

9.4.  MEA: Country Analysis

9.4.1.     Saudi Arabia Fatty Acid Methyl Ester Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Feedstock

9.4.1.2.2.             By End-Use

9.4.2.     UAE Fatty Acid Methyl Ester Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Feedstock

9.4.2.2.2.             By End-Use

9.4.3.     Qatar Fatty Acid Methyl Ester Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Feedstock

9.4.3.2.2.             By End-Use

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

11.1.              Mergers & Acquisitions

11.2.              Product Developments

11.3.              Technological Advancements

12.  Global Green Ammonia Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.  Competitive Landscape

14.1.              Business Overview

14.2.              Company Snapshot

14.3.              Products & Services

14.4.              Financials (In case of listed companies)

14.5.              Recent Developments

14.6.              SWOT Analysis

14.6.1.  Cargill Inc.

14.6.2.  DuPont

14.6.3.  Estelle Chemicals Pvt. Ltd.

14.6.4.  Evonik Industries

14.6.5.  Faci Asia Pacific Pte. Ltd.

14.6.6.  Fine Organics

14.6.7.   KLK Oleo

14.6.8.  Metroshen International Corporation

14.6.9.   Oleon N.V.

14.6.10.   TCI Chemicals Pvt. Ltd.

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

Growing demand for renewable energy sources and rising demand for Fatty Acid Methyl Ester as a Bio-Diesel are expected to drive the demand for Fatty Acid Methyl Ester market.

Cargill Inc., DuPont, Estelle Chemicals Pvt. Ltd., Evonik Industries, Faci Asia Pacific Pte. Ltd, Fine Organics, KLK Oleo, Metroshen International Corporation, Oleon N.V., TCI Chemicals Pvt. Ltd are the key players operating in the market.

Based on End-Use market is divided into Fuels, Food Processing, Lubricants, Coatings, Pharmaceuticals and Others. The Fuels segment are expected to capture the highest market share in the forecast period.

The Europe region is dominating the market and is expected to maintain its dominance over the next five years.

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