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Key Drivers for Fatty Acid Ester Market to Ensure Healthy Growth

Growing consumer awareness and regulatory policies regarding bio-based polymers and products are vital factors for industry development over the forecast period. The Global Fatty Acid Ester Market is expected to reach USD 2.44 billion by 2022, according to a new report by Grand View Research, Inc.

Global industry is expected to be driven by increasing fatty acid esters demand in personal care, cosmetics and food processing applications. Medium chain trigylcerides (MCT) have found headways in food applications where they are used in several weight loss programs owing to low calorific content and fat-burning properties.

Other FAEs such as emollient and polyols esters are gaining prominence in personal care applications that could impact product growth in cosmetics where natural, bio-based ingredients are substituting synthetic & toxic chemicals.

Global Fatty Acid Ester Market size was 1,141.5 kilo tons in 2014 and is expected to reach 1,563.4 kilo tons by 2022, growing at a CAGR of 4.6% from 2015 to 2022.

Glycerol monostearate (GMS) was the largest product segment and accounted for 39.3% of total market volume in 2014. High demand for GMS as an emulsifying agent, protective coating agent and food additive in diverse processing and industrial applications has been a major factor for its growth.

To Know More About Fatty Acid Ester Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/fatty-acid-esters-market 

Medium chain triglycerides (MCT) were the fastest growing product with high demand arising from expanding end-use industries in emerging economies such as China & India. The segment is likely to grow at an estimated CAGR of 5.3% in terms of demand.

Top Players of Fatty Acid Ester Market:

Key companies operating in the global Fatty Acid Ester Market include Cargill, DuPont, Estelle Chemicals, P&G Chemicals, Stéarinerie Dubois, The Seydel Companies Inc., Evonik Industries and others such as Faci Asia Pacific Pte. Ltd., Fine Organics and KLK Oleo.

Market Segmentation of Fatty Acid Ester Market:

The Global Fatty Acid Ester Market segmented on the basis of Product, Application and Region.

By Product:

Medium Chain Triglycerides
Glycerol Monostearate
Isopropyl Esters (Palmitate & Myristate)

By Application:

Personal Care & Cosmetics
Lubricants
Food Processing
Surfactants & Detergents
Pharmaceuticals

By Region:

North America
Europe
Asia Pacific
Central & South America
Middle East & Africa

Inquire about Fatty Acid Ester Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1220/ibb 
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