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Published Date: 2015-02-18Number of Pages: 85

Fatty Acid Esters (Medium Chain Triglyceride Oil, Glyceryl Monostearate, Isopropyl Palmitate and Others) Market for Personal Care Products and Cosmetics, Lubricants, Food, Surfactants and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

The chemical compounds, produced from organic and inorganic acids in which –OH group is replaced by alkyl group are said to be esters. Fatty acid esters are also known as oleochemical substances which are natural substitutes to petroleum products. These esters originate from carboxylic acid and alcohol and are formed by combination of alcohols and fatty acids. These fatty acids undergo esterfication process to form fatty acid esters. The key raw materials from which fatty acids esters are produced include vegetable oils such as palm oil, sunflower oil and rapeseed oil among others.

Fatty acid esters are basically divided into four product types such as medium chain triglycerides, glyceryl monostearates, isopropyl palmitate and others including polyol esters, glycol esters and sucrose esters which have a wide range of applications. Medium chain triglycerides are generally man-made fats which are prepared from palm oil. They help in weight reduction by burning calories. Glyceryl monostearate accounted for over 40% share of the global fatty acid esters market in 2013. It is an organic molecule which is used as an emulsifier in the food industry. It is used as a thickening and emulsifying agent for various applications in the food industry. Isopropyl palmitate is produced using palm oil and is used as an emollient and thickening agent in wide range of cosmetics such as lotions and creams. Isopropyl palmitate is expected to boost demand for fatty acid esters market due to growing demand from the cosmetic industry globally. The others including polyol esters, glycol esters and sucrose esters accounted for a relatively smaller share of the global fatty acid esters market. These esters have a wide range of applications in the end-user industries such as paper, pharmaceutical and surfactant among others

Owing to its functional properties, fatty acid esters are suitable for a range of applications in several end-user industries. Fatty acid esters are capable of replacing natural fatty acid esters in the human skin. They provide protection to the skin, making it smooth by reducing the greasy feel on the skin. This property of fatty acid esters has led to increased demand from the cosmetic and personal care industry. The rising demand for fatty acid esters from the personal care and cosmetic industry is the major driving factor for fatty acid esters in the market. Fatty acid esters have potential scope for growth in the food industry as they are used on a large scale as flavoring agents and also have application as a thickening agent in dairy industry. As the raw material used for production of fatty acid esters include oils and fats, the volatile prices of key feedstock may affect the production cost of fatty acid esters. The factors such as global development of biofuel industry and consumption of edible oil in emerging economies lead to volatile prices of raw material. These factors are thereby responsible to hamper the growth of fatty acid esters market worldwide. However, Asia Pacific is expected to create opportunities for fatty acid esters market due to increasing demand from the food and end-user industries in the region. Growing demand from the pharmaceutical industry is also expected to boost demand for fatty acid esters market in the near future.

Personal care products and cosmetics and food being the major applications of fatty acid esters, is extensively used in Asia Pacific and North America. North America accounted for the largest share of the global fatty acid esters market in 2013. Europe accounted for approximately 20% of the global fatty acid esters market share in 2013 and is expected to lose market share during the forecast period due to volatile prices and strict regulations imposed by Registration, Evaluation, Authorisation and Restriction of chemicals (REACH) in the region. The developing region such as Asia Pacific is expected to boost demand for fatty acid esters due to increasing demand from the food industry in the region. Growing end-user industries that include paper, pharmaceutical and surfactant are also expected to boost demand for fatty acid esters in the region. Rest of the World (RoW) including the Middle East, Africa, Australia, and Latin America accounted for a relatively lesser share of the global fatty acid esters market in 2013. RoW is also expected to fuel demand for fatty acid esters due to huge consumption of fatty acid esters in the region.

Key players engaged in fatty acid esters manufacturing include Moinster Group Ltd, Guangzhou Hanglian Chemical Industrial Co., Ltd., Guangzhou Sancdan Trading Co. Ltd, Futura Ingredients, Zhengzhou Dahe Food S & t Co. Ltd, China Top Chemical (Jiangsu) Co. Ltd, Henan Eastar Chemicals Co. Ltd and Cremer Oleo among others 

fatty-acid-esters-market


Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope And Assumptions
      1.3.1 Assumptions
1.4 Research Methodology

Chapter 2 Executive Summary
2.1 Global Fatty Acid Esters Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
2.2 Global Fatty Acid Esters Market Snapshot, 2013 - 2020

Chapter 3 Fatty Acid Esters: Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
      3.3.1 Large Demand In Cosmetic And Personal Care Products To Augment Demand For Fatty Acid Esters
              3.3.1.1 Global Skin Care Market Revenue, 2012-2020 (US$ Bn)
      3.3.2 Increasing Demand In Food Industry To Boost Demand For Fatty Acid Esters
              3.3.2.1 Global Weight Loss Management Market Revenue, 2012-2020 (US$ Bn)
3.4 Market restraints
      3.4.1 Volatile Raw Material Prices To Hamper Growth Of Fatty Acid Esters Market
              3.4.1.1 Global Crude Oil Price Trend, 2011 – 2014 (US$ Per Barrel)
              3.4.1.2 Global Soybean Oil Price Trend, 2011 – 2014 (US$ Per Ton)
3.5 Opportunities
      3.5.1 Rising Popularity Of Specialty And Natural Esters For Various End-Use Industries To Create Opportunities For Fatty Acid Esters
3.6 Porter’s Five Forces Analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat from substitutes
      3.6.4 Threat of new entrants
      3.6.5 Degree of competition
3.7 Global Fatty Acid Esters Market: Company Market Share Analysis (2013)
3.8 Global Fatty Acid Esters Market: Market Attractiveness Analysis, By Application

Chapter 4 Fatty Acid Esters Market – Product Segment Analysis
4.1 Global Fatty Acid Esters Market: Product Segment Overview
      4.1.1 Global Fatty Acid Esters Market Volume Share, By Product Segment 2013 – 2020
4.2 Medium Chain Triglycerides Oil
      4.2.1 Global Medium Chain Triglyceride Oil Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
4.3 Glyceryl Monostearate
      4.3.1 Global Glyceryl Monostearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
4.4 Isopropyl Palmitate
      4.4.1 Global Isopropyl Palmitate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
4.5 Others (Polyol esters, sucrose esters, glycol esters, etc.)
      4.5.1 Global Other Fatty Acid Esters Market, 2013 – 2020 (Kilo Tons) (US$ Mn)

Chapter 5 Fatty Acid Esters Market – Application Analysis
5.1 Global Fatty Acid Esters Market: Application Overview
      5.1.1 Global Fatty Acid Esters Market Volume Share, By Application, 2013 – 2020
5.2 Personal Care And Cosmetics
      5.2.1 Global Fatty Acid Esters Market For Personal Care And Cosmetics, 2013 – 2020 (Kilo Tons) (Us$ Mn)
5.3 Lubricants
      5.3.1 Global Fatty Acid Esters Market For Lubricants, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.4 Food
      5.4.1 Global Fatty Acid Esters Market For Food, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.5 Surfactants
      5.5.1 Global Fatty Acid Esters Market For Surfactant, 2013 – 2020 (Kilo Tons) (US$ Mn)
5.6 Others (Paper, pharmaceuticals, etc.)
      5.6.1 Global Fatty Acid Esters Market For Other Applications, 2013 – 2020 (Kilo Tons) (US$ Mn)

Chapter 6 Fatty Acid Esters – Regional Segment Analysis
6.1 Global Fatty Acid Esters Market: Regional Overview
      6.1.1 Global Fatty Acid Esters Volume Share, By Region, 2013 And 2020
6.2 North America
6.3 North America Fatty Acid Esters Market Volume, By Product Segment, 2013 – 2020 (Kilo Tons)
      6.3.1 North America Fatty Acid Esters Market Revenue, By Product Segment, 2013 – 2020 (US$ Mn)
6.4 North America Fatty Acid Esters Market Volume, By Applications, 2013 – 2020 (Kilo Tons)
6.5 North America Fatty Acid Esters Market Revenue, By Applications, 2013 – 2020 (US$ Mn)
6.6 Europe
      6.6.1 Europe Fatty Acid Esters Market Volume, By Product Segment, 2013 – 2020 (Kilo Tons)
      6.6.2 Europe Fatty Acid Esters Market Revenue, By Product Segment, 2013 – 2020 (US$ Mn)
      6.6.3 Europe Fatty Acid Esters Market Volume, By Application, 2013 – 2020 (Kilo Tons)
      6.6.4 Europe Fatty Acid Esters Market Revenue, By Application, 2013 – 2020 (US$ Mn)
6.7 Asia Pacific
      6.7.1 Asia Pacific Fatty Acid Esters Market Volume, By Product Segment, 2013 – 2020 (Kilo Tons)
      6.7.2 Asia Pacific Fatty Acid Esters Market Revenue, By Product Segment, 2013 – 2020 (US$ Mn)
      6.7.3 Asia Pacific Fatty Acid Esters Market Volume, By Application Segment, 2013 – 2020 (Kilo Tons)
      6.7.4 Asia Pacific Fatty Acid Esters Market Revenue, By Application Segment, 2013 – 2020 (US$ Mn)
6.8 Rest of the World (RoW)
      6.8.1 Row Fatty Acid Esters Market Volume, By Product Segment, 2013 – 2020 (Kilo Tons)
      6.8.2 Row Fatty Acid Esters Market Revenue, By Product Segment, 2013 – 2020 (US$ Mn)
      6.8.3 Row Fatty Acid Esters Market Volume, By Application, 2013 – 2020 (Kilo Tons)
      6.8.4 Row Fatty Acid Esters Market Revenue, By Application, 2013 – 2020 (US$ Mn)

Chapter 7 Company profiles
7.1 Cargill Incorporated
7.2 E. I. du Pont de Nemours and Company (DuPont)
7.3 Estelle Chemicals Pvt. Ltd.
7.4 Evonik Industries
7.5 Faci Asia Pacific Pte Ltd
7.6 Fine Organics
7.7 KLK Oleo
7.8 Oleon NV
7.9 Procter & Gamble (P&G) Chemicals
7.10 The Seydel Companies, Inc.
7.11 World Chem Industries

List of Figures

FIG. 1 Global fatty acid esters: Market segmentation
FIG. 2 Global Fatty Acid Esters Market,  2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 3 Fatty Acid Esters Market: Value Chain Analysis
FIG. 4 Global Skin Care Market Revenue, 2012-2020 (US$ Bn)
FIG. 5 Global Weight Loss Management Market Revenue, 2012-2020 (US$ Bn)
FIG. 6 Global Crude Oil Price Trend, 2011 – 2014 (US$ Per Barrel)
FIG. 7 Global Soybean Oil Price Trend, 2011 – 2014 (US$ Per Ton)
FIG. 8 Porter’s Five Forces Analysis For Fatty Acid Esters Market
FIG. 9 Global Fatty Acid Esters Market: Company Market Share Analysis (2013)
FIG. 10 Global Fatty Acid Esters Market: Market Attractiveness Analysis, By Application
FIG. 11 Global Fatty Acid Esters Market Volume Share, By Product Segment, 2013 and 2020
FIG. 12 Global Medium Chain Triglyceride Oil Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 13 Global Glyceryl Monostearate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 14 Global Isopropyl Palmitate Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 15 Global Other Fatty Acid Esters Market, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 16 Global Fatty Acid Esters Market Volume Share, By Application, 2013 And 2020
FIG. 17 Global Fatty Acid Esters Market For Personal Care And Cosmetics, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 18 Global Fatty Acid Esters Market For Lubricants, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 19 Global Fatty Acid Esters Market For Food, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 20 Global Fatty Acid Esters Market For Surfactant, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 21 Global Fatty Acid Esters Market For Other Applications, 2013 – 2020 (Kilo Tons) (US$ Mn)
FIG. 22 Global Fatty Acid Esters Market Volume Share, By Region, 2013 And 2020

List of Tables

TABLE 1 Global Fatty Acid Esters Market Snapshot, 2013 - 2020
TABLE 2 Drivers Of The Global Fatty Acid Esters Market: Impact Analysis
TABLE 3 Restraints Of Global Fatty Acid Esters Market: Impact Analysis
TABLE 4 North America Fatty Acid Esters Market Volume, By Product Segment, 2013 - 2020 (Kilo Tons)
TABLE 5 North America Fatty Acid Esters Market Revenue, By Product Segment, 2013 – 2020, (US$ Mn)
TABLE 6 North America Fatty Acid Esters Market Volume, By Applications, 2013 – 2020 (Kilo Tons)
TABLE 7 North America Fatty Acid Esters Market Revenue, By Applications, 2013 – 2020 (US$ Mn)
TABLE 8 Europe Fatty Acid Esters Market Volume, By Product Segment, 2013 – 2020 (Kilo Tons)
TABLE 9 Europe Fatty Acid Esters Market Revenue, By Product Segment, 2013 – 2020 (US$ Mn)
TABLE 10 Europe Fatty Acid Esters Market Volume, By Application, 2013 – 2020 (Kilo Tons)
TABLE 11 Europe Fatty Acid Esters Market Revenue, By Application, 2013 – 2020 (US$ Mn)
TABLE 12 Asia Pacific Fatty Acid Esters Market Volume, By Product Segment, 2013 – 2020 (Kilo Tons)
TABLE 13 Asia Pacific Fatty Acid Esters Market Revenue, By Product Segment, 2013 – 2020 (US$ Mn)
TABLE 14 Asia Pacific fatty acid esters market volume, by application segment, 2013 – 2020 (Kilo Tons)
TABLE 15 Asia Pacific Fatty Acid Esters Market Revenue, By Application Segment, 2013 – 2020 (US$ Mn)
TABLE 16 Row Fatty Acid Esters Market Volume, By Product Segment, 2013 – 2020 (Kilo Tons)
TABLE 17 Row Fatty Acid Esters Market Revenue, By Product Segment, 2013 – 2020 (US$ Mn)
TABLE 18 Row Fatty Acid Esters Market Volume, By Application, 2013 – 2020 (Kilo Tons)
TABLE 19 Row Fatty Acid Esters Market Revenue, By Application, 2013 – 2020 (US$ Mn)

Fatty acid esters are known as oleochemical substances which are natural substitutes to petroleum products. They are formed by a process known as esterfication. The key feedstock required in the production of fatty acid esters includes vegetable oils such as palm oil, sunflower oil and rapeseed oil among others. The usage of vegetable oils and products manufactured from natural raw material has been increasing which thereby has led to increasing demand for fatty acid esters for several applications in the market. Monoglycerides, diglycerides and triglycerides are formed when glycerol is the alcohol component in fatty acid esters. Fatty acid esters are used in a wide range of applications in personal care and cosmetics, food and surfactants among others. Medium chain triglycerides, glyceryl monostearates, isopropyl palmitate and others are the major products of fatty acid esters which are also anticipated to create demand for fatty acid esters in the market.

This study analyzes, estimates and forecasts the global fatty acid esters market in terms of demand based on volume (Kilo tons) and revenue (US$ Mn) from 2014 to 2020. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

The report provides a detailed view of the fatty acid esters market based on product types and key applications. It segments the market into product types. These include medium chain triglycerides, glyceryl monostearates, isopropyl palmitate and others including polyol esters, glycol esters, sucrose esters, etc. Key application segments include personal care products and cosmetics, lubricants, food, surfactants and others such as pharmaceuticals and paper among others. Furthermore, the report segments the market based on key geographies such as North America, Europe, Asia Pacific and Rest of the World (RoW). It also provides market volume and revenue for each application segment under every regional segment.

Based on the fatty acid esters application segment, the report analyzes the attractiveness of each segment with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain (from raw material manufacturers to end-users). Additionally, the study analyzes market competition and industry players using Porter’s five forces analysis.

The report includes an overview of the market share of key companies in the global fatty acid esters market. Key market participants profiled in the study include Cargill Incorporated, E.I. DuPont de Nemours and Company, Estelle Chemicals Pvt Ltd, Evonik Industries, Faci Asia Pacific Pte Ltd, Fine Organics, KLK Oleo, Oleon NV, Procter & Gamble (P & G) Chemicals, The Seydel Companies, Inc and World Chem Industries. Profiles of key participants comprise parameters such as company overview, product portfolio, financial overview, business strategy and recent developments.

Primary research represents the bulk of our research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities. 

Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases and relevant patent and regulatory databases. Some of the other sources include national government documents, statistical databases, and market reports, news articles, press releases and webcasts specific to the companies operating in the market. Secondary sources referred for fatty acid esters study include ICIS, The REACH, WikiGenes, Platemart and company presentations.

The report segments the global fatty acid esters market as:
  • Fatty Acid Esters Market – Product Segment Analysis
    • Medium chain triglycerides (MCT)
    • Glyceryl monostearate
    • Isopropyl palmitate
    • Others (Including polyol esters, glycol esters, sucrose esters, etc.)
  • Fatty Acid Esters Market - Application Analysis
    • Personal care products and cosmetics
    • Lubricants
    • Food
    • Surfactants
    • Others (Including paper, pharmaceuticals, etc)
  • Fatty Acid Esters Market - Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World (RoW)


 
 
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