Fatty acid methyl ester is a biological chemical, generated by trans-esterification of methanol and fatty acids. The product can be obtained from several biological sources such as rapeseed, palm oil, vegetable oil and soya beans. Rapeseed plant is most usually preferred to extract fatty acid methyl ester owing to good oil content compared to other material sources. Fatty acid methyl ester is a key component in the production of biodiesel, which is a renewable and environmentally friendly alternative to conventional fossil fuels. The rising awareness of climate change and the need to reduce greenhouse gas emissions have led to a growing demand for biodiesel, thereby driving the market. Further, many countries have implemented strict regulations to curb greenhouse gas emissions and promote the use of clean and sustainable fuels which is also driving the market growth. But somehow, the high cost of raw materials is expected to hamper the market growth. The Fatty Acid Methyl Ester Market is predicted to grow at the rate of 5.19% CAGR by 2028.
Global Fatty Acid Methyl Ester Market as per the Product:
- Glyceryl Monostearate
- Medium Chain Triglycerides
- Polyol Esters
- Glycol Esters
- Isopropyl Palmitate
- Sucrose Esters
Global Fatty Acid Methyl Ester Market as per the Application:
- Lubricants & fuels
- Surfactants & detergents
- Personal care & cosmetics
- Food and pharmaceutical
Global Fatty Acid Methyl Ester Market as per the Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World
According to the fatty acid methyl ester market based on product, the market is divided into glyceryl monostearate, medium chain triglycerides, polyol esters, glycol esters, isopropyl palmitate and sucrose esters. Among which the medium chain triglycerides have the largest share in the market owing to the expanding food industry. Since, the medium chain triglycerides are used in the food as thickening agent. Moreover, the medium chain triglycerides are considered to have many health benefits.
On the basis of application the market is segmented among lubricants & fuels, surfactants & detergents, personal care & cosmetics and food and pharmaceutical. The lubricants and fuels segment is expected to have the lucrative share in the fatty acid methyl ester market. This is due to the extensive application in automotives, stationary power generators, machinery such as farm equipment, construction equipment and mining equipment. Moreover, the increasing awareness about the bio-diesel in the industries of automotive and transportation owing to the increasing requirement to boost security and environment conservation is also supporting the market growth in this segment.
As per the geography, the regions are segregated into North America, Europe, Asia Pacific and Rest of the World. North America is accounted for the largest share in the fatty acid methyl ester market. The largest market share of North America is ascribed to the increasing requirement of the personal care products, government initiatives for usage of bio-diesel in North America to tackle the global warming.
Moreover, the global transition towards renewable energy sources, including biodiesel produced from fatty acid methyl ester, is gaining momentum. Governments and industries are focusing on reducing greenhouse gas emissions and promoting sustainable alternatives to fossil fuels, which is driving the market of fatty acid methyl ester as a key component in biodiesel production.
Major players operating in the market are Wilmar International Ltd., Cargill Inc., Archer Daniels Midland Company (ADM), BASF SE, KLK Oleo Group, P&G Chemicals, Emery Oleochemicals, IOI Group, Avril Group (Groupe Avril) and Ecogreen Oleochemicals.
Therefore, the fatty acid methyl ester chemical has a prominent role in the automotives industry as a lubricant and fuel. Moreover, the eco-friendly characteristic of the fatty acid methyl ester is majorly fueling the application in many industries such as fuel, where it is supporting in battling the global warming.
- This report defines the segmentation of the market in terms of product, application and geography.
- This study evaluates the market on the bases of quantitative and qualitative analysis.
- This report identifies and analyzes the major factors such as propellants, restraints, opportunities and challenges impacting the market.
- This report also provides the profiles of the key competitors along with their progressive strategies such as latest developments in products, joint ventures, mergers and acquisitions and alliances.
List of Tables
TABLE 1. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 2. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR GLYCERYL MONOSTEARATE, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 3. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR MEDIUM CHAIN TRIGLYCERIDES, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 4. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR POLYOL ESTERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 5. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR GLYCOL ESTERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 6. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR ISOPROPYL PALMITATE, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 7. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR SUCROSE ESTERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 8. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 9. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR LUBRICANTS & FUELS, 2022-2028 (USD BILLION)
TABLE 10. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR SURFACTANTS & DETERGENTS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 11. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR PERSONAL CARE & COSMETICS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 12. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR FOOD AND PHARMACEUTICAL, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 13. NORTH AMERICA FATTY ACID METHYL ESTER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 14. NORTH AMERICA FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 15. NORTH AMERICA FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 16. U.S FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 17. U.S FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 18. CANADA FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 19. CANADA FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 20. EUROPE FATTY ACID METHYL ESTER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 21. EUROPE FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 22. EUROPE FATTY ACID METHYL ESTER MARKET VALUE, APPLICATION, 2022-2028 (USD BILLION)
TABLE 23. GERMANY FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 24. GERMANY FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 25. U.K FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 26. U.K FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 27. FRANCE FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 28. FRANCE FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 29. ITALY FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 30. ITALY FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 31. SPAIN FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 32. SPAIN FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 33. ROE FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 34. ROE FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 35. ASIA PACIFC FATTY ACID METHYL ESTER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 36. ASIA PACIFC FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 37. ASIA PACIFC FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 38. CHINA FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 39. CHINA FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 40. INDIA FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 41. INDIA FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 42. JAPAN FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 43. JAPAN FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 44. REST OF APAC FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 45. REST OF APAC FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 46. REST OF WORLD FATTY ACID METHYL ESTER MARKET VALUE, BY PRODUCT, 2022-2028 (USD BILLION)
TABLE 47. REST OF WORLD FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 48. WILMAR INTERNATIONAL LTD.: FINANCIALS
TABLE 49. WILMAR INTERNATIONAL LTD.: PRODUCTS & SERVICES
TABLE 50. WILMAR INTERNATIONAL LTD.: RECENT DEVELOPMENTS
TABLE 51. CARGILL INC.: FINANCIALS
TABLE 52. CARGILL INC.: PRODUCTS & SERVICES
TABLE 53. CARGILL INC.: RECENT DEVELOPMENTS
TABLE 54. ARCHER DANIELS MIDLAND COMPANY (ADM): FINANCIALS
TABLE 55. ARCHER DANIELS MIDLAND COMPANY (ADM): PRODUCTS & SERVICES
TABLE 56. ARCHER DANIELS MIDLAND COMPANY (ADM): RECENT DEVELOPMENTS
TABLE 57. BASF SE: FINANCIALS
TABLE 58. BASF SE: PRODUCTS & SERVICES
TABLE 59. BASF SE: RECENT DEVELOPMENTS
TABLE 60. KLK OLEO GROUP: FINANCIALS
TABLE 61. KLK OLEO GROUP: PRODUCTS & SERVICES
TABLE 62. KLK OLEO GROUP: RECENT DEVELOPMENTS
TABLE 63. P&G CHEMICALS: FINANCIALS
TABLE 64. P&G CHEMICALS: PRODUCTS & SERVICES
TABLE 65. P&G CHEMICALS: RECENT DEVELOPMENTS
TABLE 66. EMERY OLEOCHEMICALS: FINANCIALS
TABLE 67. EMERY OLEOCHEMICALS: PRODUCTS & SERVICES
TABLE 68. EMERY OLEOCHEMICALS: RECENT DEVELOPMENTS
TABLE 69. IOI GROUP: FINANCIALS
TABLE 70. IOI GROUP: PRODUCTS & SERVICES
TABLE 71. IOI GROUP: RECENT DEVELOPMENTS
TABLE 72. AVRIL GROUP (GROUPE AVRIL): FINANCIALS
TABLE 73. AVRIL GROUP (GROUPE AVRIL): PRODUCTS & SERVICES
TABLE 74. AVRIL GROUP (GROUPE AVRIL): RECENT DEVELOPMENTS
TABLE 75. ECOGREEN OLEOCHEMICALS: FINANCIALS
TABLE 76. ECOGREEN OLEOCHEMICALS: PRODUCTS & SERVICES
TABLE 77. ECOGREEN OLEOCHEMICALS: RECENT DEVELOPMENTS
