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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, growi