+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2015-05-08Number of Pages: 117

Tallow Fatty Acids (Saturated, Polyunsaturated, and Monounsaturated) Market for Soaps & Detergents, Rubber, Plastics, Personal Care Products, and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Global Tallow Fatty Acids Market: Snapshot

Natural fatty acids are fundamental oleochemicals that are saturated or unsaturated in nature. Normally happening unsaturated fats have a queue of even number of carbon iotas and are for the most part gotten from riglycerides or phospholipids. These acids are broadly utilized as a part of different end-use industries, for instance, food, lubricants, plastics, rubber, soaps, personal care, and surfactants. Development of these enterprises adds to the financial development of a particular region. Natural fatty acids are changed into soaps, amides, amines, and esters through response with carboxyl groups. Furthermore, hydrogenation of methyl esters with fatty acids clears a path for fatty alcohols. These are utilized as a part of the make of surfactants.

The demand for personal care items is expanding, particularly in nations, for instance, Brazil and India and also in Southeast Asia. Development in per capita income and inclination towards western way of life are the key variables responsible for the soaring demand for personal care items. Manufactures of personal care and cosmetics are employing tallow-based stearic acids such as foundations, face powders, and eyeliners. In this manner, the demand for tallow fatty acids in these applications is probably going to increment throughout the following couple of years.

The global market for tallow fatty acids is likely to rise at a meagre 2.3% CAGR from 2014 to 2020. In 2013, the market was worth US$2.34 bn and is likely to touch a valuation of US$2.74 bn by the end of 2020.

Soaps and Detergents Industry to Surface as Core End User

Growing demand for tallow fatty acids in the detergents and soaps industry is relied upon to be a significant development factor for the tallow fatty acids industry. Oleic corrosive, palmitic corrosive, and stearic corrosive are the three most vital fatty acid esters utilized as a part of the manufacturing of detergents and soaps. These esters are found in fats and oils from animal and vegetable sources. Soaps are created by reacting sodium hydroxide with animal fat. The market for detergents and soaps in South America and Asia Pacific is probably going to extend fundamentally because of the changing way of life of people and developing modernization. Detergents and soaps represented more than 30% of the worldwide market for tallow fatty acids in 2013. Be that as it may, inhibiting variables, for instance, decreasing share of tallow feedstock in the natural fatty acids industry are anticipated to hamper the market development over the years ahead.

North America and Europe to Present Players with Lucrative Prospects

As of now, the market for natural fatty acids in developed regions, for instance, North America and Europe is commanded by tallow feedstock, as tallow is for the most part delivered in these regions. Nevertheless, tallow fatty acids hold a generally small share in other different regions, for instance, Asia Pacific because of the mass use of vegetable based unsaturated fats, for instance, coconut oil and palm oil. A wonderful move in feedstock and geological move of oleochemicals producing has been seen in North America, Europe, Asia (especially Southeast Asia), with feedstock slant moving to palm oil from tallow.

The core companies operating in the global market for tallow fatty acids are Vantage Specialty Chemicals, Inc., VVF LLC, Emery Oleochemicals, Baerlocher GmbH, BASF SE, H Foster & Co. Ltd., Acme-Hardesty Co., and AkzoNobel N.V.

 
Tallow fatty acids are basic oleochemicals derived from animal fats. Different types of animal fats such as beef tallow, mutton tallow, and lard are used in the production of tallow fatty acids. Based on applications, tallow fatty acids are further processed for their specific end-markets. Tallow fatty acids are used in several end-user industries such as soaps & detergents, rubber, plastics, food, lubricants, and personal care products.
 
This report provides detailed analysis and forecast of the tallow fatty acids market on a global and regional level from 2014 to 2020. On the global level, the market has been segmented based on volume (kilo tons) and revenue (US$ Mn) from 2014 to 2020. For an in-depth understanding of the market at the regional level, the demand for tallow fatty acids has been forecast in terms of volume (kilo tons) and revenue (US$ Mn) between 2014 and 2020. The report includes drivers and restraints, and their impact on the growth of the market during the forecast period. Furthermore, the study encompasses various opportunities for market growth at the global and regional level.
 
We have included a thorough analysis of the value chain to provide a detailed understanding of the market. Additionally, the report covers Porter’s five forces model, which offers an insight into the intensity of competition in the market. The study also comprises market attractiveness analysis, wherein numerous end-users are benchmarked based on their market size, growth rate, and general attractiveness.
 
We conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders for the research report. Primary research represents the bulk of our research efforts coupled with an extensive secondary research. We reviewed key players’ annual reports, product portfolio, press releases, and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, Internet sources, trade associations, and statistical data from government websites and associated authorized agency websites. This proved to be the most successful, effective, and reliable approach for obtaining concise data, capturing industry participants’ insights, and recognizing opportunities and growth.
 
The market has been segmented based on various products and end-users. Each segment has been analyzed and forecast based on volume (kilo tons) and revenue (US$ Mn) from 2014 to 2020. Additionally, the segments have been analyzed and forecast based on the current trends at the global and regional level. Geographically, the market has been segmented into North America, Europe, China, Rest of Asia Pacific, Latin America, and the Rest of the World (RoW). Demand has been analyzed and forecast based on the current trends for a period of six years. 
 
The report includes the profiles of key companies such as AkzoNobel N.V., Acme-Hardesty Co., H Foster & Co. Ltd., BASF SE, Baerlocher GmbH, Emery Oleochemicals, VVF LLC and Vantage Specialty Chemicals, Inc. The market has been segmented as below:
 
Tallow Fatty Acids Market - Product Segment Analysis
  • Saturated Fatty Acids
    • Stearic Acid
    • Palmitic Acid
    • Myristic Acid
  • Monounsaturated Fatty Acids
  • Polyunsaturated Fatty Acids
Tallow Fatty Acids Market - Application Analysis 
  • Soaps & Detergents
  • Rubber
  • Plastics
  • Personal Care Products
  • Others (Including Food and Lubricants)
Tallow Fatty Acids Market - Regional Analysis
  • North America
  • Europe
  • China
  • Rest of Asia Pacific
  • Latin America
  • Rest of the World


 
 
Back To Top