Fatty Methyl Ester Sulfonate (FMES): Global Strategic Business Report

Global Fatty Methyl Ester Sulfonate (FMES) Market to Reach $3.3 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Fatty Methyl Ester Sulfonate (FMES) estimated at US$999.6 Million in the year 2020, is projected to reach a revised size of US$3.3 Billion by 2027, growing at a CAGR of 18.8% over the analysis period 2020-2027. Detergents, one of the segments analyzed in the report, is projected to record a 18.9% CAGR and reach US$1.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Personal Care segment is readjusted to a revised 19.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $272.3 Million, While China is Forecast to Grow at 24.6% CAGR

The Fatty Methyl Ester Sulfonate (FMES) market in the U.S. is estimated at US$272.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$782.6 Million by the year 2027 trailing a CAGR of 24.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.3% and 16.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$521.4 Million by the year 2027.

Other Applications Segment to Record 16.8% CAGR

In the global Other Applications segment, USA, Canada, Japan, China and Europe will drive the 16.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$165.5 Million in the year 2020 will reach a projected size of US$460.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 18.7% CAGR through the analysis period.

Select Competitors (Total 42 Featured) -

• Alfa Aesar
• China Factories Group Company
• Emery Oleochemicals
• Fenchem
• Henan Surface Chemical Industry Co., Ltd.
• Jiangsu Hiaqing Biotechnology
• Jinchang Chemical
• KLK Oleo
• KPL International
• Lion Corporation
• Pemex Chemicals
• Proctor & Gamble Chemicals
• Stepan Company
• The Chemithon Corporation
• The Sun Products Corporation
• Wilmar International Ltd.
• Zanyu Technology Group Co., Ltd.

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