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Growing Trends of Palm Methyl Ester Derivative Market Professional Survey 2019

Growing demand for CPO and PKO derived products from a wide range of sectors including personal care, home care, and food along with other industrial products such as adhesives, lubricants, paints, coatings, and inks is expected to influence product demand over the forecast period.

The Global Palm Methyl Ester Derivatives Market is anticipated to reach USD 1.01 billion by 2025, according to a new report by Grand View Research, Inc.


Palm methyl ester derivatives are essentially oleochemicals processed from CPO and PKO, leading to greater global demand driven by sustainability along with environmental and health concerns. Rising consumer preference for natural ingredients and process sustainability in personal care, food, and other sectors is also anticipated to boost product demand.

In the past few years, the industry has witnessed increasing investments in R&D activities for the development of biodegradable products, which can substitute the petroleum-based ones. This, in turn, has led to increased dependence on these specialty chemicals. Some of the major application sectors of the products include homecare, personal care, and cosmetic products. 

Methyl oleate held the largest share in the market and is expected to continue its dominance over the forecast period. The increasing use of the product as solvents in industrial cleaners, as surfactants in personal care products, as solvents & defamers in the production of inks and coatings and as a lubricant for metal cleaning & precision metal cleaning are expected to be the major factors driving oleate demand over the forecast period.

To Know More About Palm Methyl Ester Derivative Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/palm-methyl-ester-derivative-market 

Top Players of Palm Methyl Ester Derivative Market:

The industry is dominated by a few multinational corporations such as Peter Cremer North America, Carotino Group, KLK OLEO, Ecogreen Oleochemicals, and Kao Corporation with significant presence across the value chain. Companies such as P&G Chemicals, VVF, and KLK Oleo are integrated throughout the value chain from manufacturing of raw materials for downstream chemicals to finished products such as detergents, soaps, and personal care products.

Market Segmentation of Palm Methyl Ester Derivative Market:

The Global Palm Methyl Ester Derivative Market segmented on the basis of Source, Product, Application and Region.

By Source:

Crude Palm Oil (CPO)
Palm Kernel Oil (PKO)

By Product:

Methyl Caprylate
Methyl Laurate
Methyl Myristate
Methyl Palmitate
Methyl Stearate
Methyl Oleate
Methyl Linoleate

By Region:

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

Inquire about Palm Methyl Ester Derivative Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4524/ibb 
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