Home Energy company Global Fatty Acid Methyl Ester Market (2022 to 2030) – With Renewable Energy Group, Stepan Company and Univar Solutions, among others – ResearchAndMarkets.com

Global Fatty Acid Methyl Ester Market (2022 to 2030) – With Renewable Energy Group, Stepan Company and Univar Solutions, among others – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The report “Global Fatty Acid Methyl Esters Market by Source, Product Type, Application and Region – Size, Share, Outlook and Opportunity Analysis, 2022-2030” has been added to from ResearchAndMarkets.com offer.

This report provides an in-depth analysis of the global Fatty Acid Methyl Ester market and provides the market size (million US$ and kilotons) and compound annual growth rate (CAGR%) for the forecast period (2022 -2030), considering 2021 as the reference year.

FAME (fatty acid methyl ester) is a form of fatty acid ester produced by transesterifying fats with methanol. The main molecules of biodiesel are the FAMEs, which are obtained by transesterification from vegetable oils. When basic chemicals such as sodium methoxide, potassium hydroxide, or sodium hydroxide are present, an alkali-catalyzed reaction between methanol and lipids produces FAMEs, which are used in the manufacture of biodiesel and detergents.

The most widely available type of biodiesel in the marine industry is FAME-based biofuel, which is typically blended with regular marine diesel. The application of FAME in the food industry as a thickening and emulsifying agent is expected to drive the market growth over the forecast period.

Growing demand for fatty acid methyl esters from various end-use industries is expected to benefit the global fatty acid methyl ester market. Fatty acid methyl ester is the most preferred alternative to conventional mineral-based products for applications in lubricants, paints and coatings, food and agriculture, detergents and surfactants, metal working, emulsifiers and others.

This is due to its superior properties such as high lubricity, excellent solubility in inorganic solvents, high boiling points, non-toxicity and biodegradability. Additionally, the growing demand for fatty acid methyl esters in agrochemicals such as the preparation of pesticides and fertilizers is expected to further drive the growth of the fatty acid methyl esters market. Thus, the aforementioned properties and applications are expected to be key factors driving the growth of the global fatty acid methyl esters market over the forecast period.

However, market growth is expected to be hampered by high manufacturing costs owing to unpredictable raw material prices and the global coronavirus outbreak. Fatty acid esters required high processing costs. As a result, emerging countries such as Asia-Pacific, Middle East and Africa are still unable to employ high-cost technologies, which could limit the market for fatty acid esters.

Main characteristics of the study:

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

  • This study also provides key insights into the market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.

  • It profiles leading players of the global Fatty Acid Methyl Esters Market based on the following parameters: Company Highlights, Product Portfolio, Key Highlights, Financial Performance and Strategies

  • The information in this report would enable marketers and managing authorities of companies to make informed decisions regarding their future product launches, type upgrade, market expansion, and marketing tactics.

  • The Global Fatty Acid Methyl Ester Market report is targeted at various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants and financial analysts.

  • Stakeholders would have ease in decision-making through various strategic matrices used to analyze the global Fatty Acid Methyl Ester market

Detailed segmentation

Global Fatty Acid Methyl Ester Market, By Source:

  • vegetable oils

  • animal fats

  • Used cooking oils

Global Fatty Acid Methyl Ester Market, By Product Type:

  • Methyl oleate

  • Methyl laurate

  • Methyl myristate

  • Methyl caprate

  • Methyl Stearate

  • Others (methyl palmitate, coconut methyl esters, etc.)

Global Fatty Acid Methyl Ester Market, By Application:

  • Fuels

  • Paints and coatings

  • Food additives

  • Detergents & Surfactants

  • Lubricants and Metalworking Fluids

  • Agrochemicals

  • Personal care and cosmetics

  • Others (wetting agents, plasticizers, etc.)

Global Fatty Acid Methyl Ester Market, By Region:

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East and Africa

Company Profiles

  • Acme Synthetic Chemicals

  • ADM (Archer Daniels Midland Company)

  • Berg + Schmidt GmbH & Co. KG

  • Cargill, Incorporated

  • Chemrez Technologies, Inc.

  • CREMER OLEO GmbH & Co. KG

  • Elevance Renewable Sciences, Inc.

  • Emery oleochemicals

  • Godrej Industries Limited

  • JNJ Oil Industries, Inc.

  • KLK OLEO

  • Krishi Oil Limited

  • Mohini Organics Pvt. ltd.

  • P&G Chemicals

  • Renewable Energy Group, Inc.

  • Stepan Company

  • Univar Solutions Inc.

  • Vertec BioSolvents Inc.

  • Victorian Chemical Company Pty Ltd.

  • Wilmar International Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/xslqx7