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Published Date: 2016-01-18Number of Pages: 141

Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market for Detergents, Personal Care, Plastics, Rubber, and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023

Natural fatty acids extracted from palm kernel oil and coconut oil are medium-chain and saturated oleochemicals that include lauric acid, myristic acid, caprylic acid, and capric acid. These fatty acids are non-toxic in nature and have a long shelf-life. Natural fatty acids are principally used as surfactants in numerous end-user industries such as detergents, personal care, plastics, rubber, and others. Unique properties of these natural fatty acids include biodegradability, environmental sustainability, cost-effective extraction process, and performance efficiency as compared to their counterparts obtained from sources such as tallow, tall, and soy oil.

Palm kernel oil and coconut oil are major raw materials used in the extraction of natural fatty acids. Triglycerides obtained from these oils are hydrolyzed, which yields a mixture of saturated and unsaturated fatty acids. Fractional distillation of the fatty acid mixture enables the isolation of saturated fatty acids, which are further purified for commercial use. Major manufacturers of palm kernel oil and coconut oil based natural fatty acids are located in Southeast Asia owing to easy accessibility of raw materials. Manufacturers follow a fully integrated business model for natural fatty acids. Natural fatty acids have broad usage in several end-user industries such as detergents, personal care, plastics, rubber, and others including pharmaceutical, oil & gas, food, and textile.

Detergents was the largest end-user segment of the natural fatty acids market in 2014. Several home care, fabric care, household, industrial, and institutional detergents use natural fatty acids as a surfactant. The personal care industry is another potential consumer of natural fatty acids. Personal care is estimated to be the fastest-growing end-user segment of the natural fatty acids market in the next few years. Natural fatty acids are used in numerous skin care and hair care products as surfactants due to enhanced biocompatibility and biosafety. These are also used in the plastics industry as a plasticizer and lubricant. Furthermore, they are used in the rubber vulcanization process. Antimicrobial properties of natural fatty acids ensure emerging usage in the pharmaceutical industry. Furthermore, these fatty acids are potentially used in end-user applications such as oil & gas, food, and textile.

Growing trends in the surfactants industry propels significant demand for palm kernel oil and coconut oil based natural fatty acids. Rising demand for environmentally sustainable and bio-based materials in the surfactants industry drives the natural fatty acids market. On the other hand, favorable climatic conditions in countries in Southeast Asia promotes palm and coconut cultivation. Supportive governmental policies attract major manufactures to strengthen their presence in this region, thus supporting growth of the natural fatty acids market. However, volatility in raw material prices due to changing environmental factors is anticipated to hinder the market growth during the forecast period. Rapid development in the personal care industry in Africa is projected to create new openings in the natural fatty acids market in the next few years. Additionally, presence of ambient atmospheric conditions for palm kernel oil production opens up opportunities for natural fatty acid manufacturers.

In terms of volume, Asia Pacific dominated the global natural fatty acids market in 2014. Asia Pacific is projected to exhibit the fastest growth rate in the natural fatty acids market during the forecast period. Growing purchasing parity coupled with rising awareness regarding personal well-being in developing countries in Asia Pacific is anticipated to generate significant demand for natural fatty acids in detergents and personal care industries. Europe accounted for the second-largest share of the global natural fatty acids market in 2014. Middle East & Africa is expected to be the emerging market for natural fatty acids, exhibiting a fast-paced growth rate during the forecast period.

Key manufacturers of palm kernel oil and coconut oil based natural fatty acids include Emery Oleochemicals, Kao Corporation, Kuala Lumpur Kepong Berhad, OLEON NV, and Wilmar International Ltd.

 

palm-kernel-oil-coconut-oil-based-natural-fatty-acids-market

 

 

Chapter 1 Preface

  • Report Description
  • Research Scope
  • Assumptions
  • Market Segmentation
  • Research Methodology

Chapter 2 Executive Summary

  • Global Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market, 2014 - 2023, (Kilo Tons) (US$ Million)
  • Natural fatty acids: Market Snapshot 

Chapter 3 Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – Industry Analysis

  • Introduction
  • Value Chain Analysis
  • Market Dynamics
  • Drivers
  • Driver 1 – Growing Surfactants Industry Propels the Demand for Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids 
  • Driver 2 – Major Production of Palm Kernel Oil and Coconut Oil in South East Asia
  • Restraints
  • Restraint 1 – High Volatility in Raw Material Prices Coupled with Over Dependency on South East Asian Countries
  • Opportunity
  • Opportunity 1 – Suitable Environment for Palm Kernel Oil Production and Growing Personal Care Industry in Africa
  • Porter’s Five Forces Analysis
  • Bargaining Power of Suppliers
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Threat of Substitutes
  • Degree of Competition
  • Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids: Market Attractiveness Analysis
  • Market Attractiveness Analysis, by End-user
  • Market Attractiveness Analysis, by Country
  • Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids: Company Market Share Analysis, 2014

Chapter 4 Raw Material and Price Trend Analysis

  • Raw Material Analysis – Manufacturing/Extraction Process
  • Raw Material Price Trends, 2014 – 2023 (US$/Ton)
  • Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Price Trends, 2014 – 2023 (US$/Ton)

Chapter 5 Market Segmentation – End-user Analysis

  • Global Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis
  • Global Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market for Detergents, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Global Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market for Personal Care, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Global Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market for Plastics, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Global Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market for Rubber, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Global Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market for Other End-users, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)

Chapter 6 Market Segmentation – Regional Analysis

  • Global Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market Snapshot
  • North America Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • U.S. Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Rest of North America Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Europe Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Germany Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • France Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • U.K. Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Italy Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Spain Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Rest of Europe Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Asia Pacific Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • China Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • India Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • ASEAN Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Rest of Asia Pacific Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Latin America Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Brazil Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Rest of Latin America Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Middle East & Africa Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • GCC Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • South Africa Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)
  • Rest of Middle East & Africa Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis, Volume & Revenue, 2014-2023, (Kilo Tons) (US$ Mn)

Chapter 7 Company Profiles

  • Chemical Associates Inc.
  • Emery Oleochemicals
  • Kao Corporation
  • Kuala Lumpur Kepong Berhad
  • Musim Mas Holdings
  • OLEON NV
  • Pacific Oleochemicals Sdn Bhd 
  • Philippine International Dev., Inc.
  • Procter & Gamble
  • Twin Rivers Technologies Inc.
  • United Coconut Chemicals, Inc
  • Vantage Specialty Chemicals Inc
  • VVF L.L.C.
  • Wilmar International Ltd

Chapter 8 Primary Research – Key Findings

Chapter 9 List of Key Customers

Palm kernel oil and coconut oil based natural fatty acids are medium-chain oleochemicals that exhibit excellent performance as surfactants. Natural fatty acids have potential industrial use as an environmentally sustainable material owing to their extraction from natural and renewable sources. Natural fatty acids are employed in numerous end-user industries such as detergents, personal care, plastics, rubber, and others. Asia Pacific dominated the natural fatty acids market in terms of demand, followed by Europe and North America in the past few years. Asia Pacific is expected to maintain its leading position in the market during the forecast period.

The report estimates and forecasts the palm kernel oil and coconut oil based natural fatty acids market on the global, regional, and country level. The study provides forecast from 2015 to 2023 based on volume (kilo tons) and revenue (US$ Mn). The report comprises an exhaustive value chain analysis, which provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the natural fatty acids market along with their impact on demand during the forecast period. The report analyzes opportunities in the natural fatty acids market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources.

The report includes Porter’s Five Forces Model to determine the degree of competition in the natural fatty acids market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and countries have been analyzed based on attractiveness. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report includes price trend analysis for raw materials (palm kernel oil and coconut oil) and natural fatty acids from 2014 to 2023.

The study provides a comprehensive view of the natural fatty acids market by dividing it into end-user segments such as detergents, personal care, rubber, plastics, and others. End-user segments have been analyzed based on historic, present, and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn).

Regional segmentation includes the current and forecast demand for natural fatty acids in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for end-user segments. Key countries such as the U.S., Germany, Italy, the U.K., France, Spain, China, Brazil, and South Africa have been included in the study. Market segmentation includes demand for individual end-user in all regions and countries.

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include Emery Oleochemicals, Kao Corporation, Kuala Lumpur Kepong Berhad, OLEON NV, and Wilmar International Ltd. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview.

Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.

This report segments the global natural fatty acids market as follows:

Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – End-user Analysis

  • Detergents
  • Personal care
  • Plastics
  • Rubber
  • Others (Including pharmaceutical, oil & gas, food, textile, etc.) 

Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market – Regional Analysis

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa


 
 
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