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Fatty Acid Methyl Ester Market based on Product, Application and Geography-Forecast up to 2028

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  • 70 Pages
  • July 2023
  • Region: Global
  • IHR Insights
  • ID: 5446357
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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 fatty acid methyl ester 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 fatty acid methyl ester market growth. But somehow, the high cost of raw materials is expected to hamper the fatty acid methyl ester 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 fatty acid methyl ester 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 fatty acid methyl ester 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 fatty acid methyl ester 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.

Table of Contents

1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Product: Market Size & Analysis
5.1. Overview
5.2. Glyceryl Monostearate
5.3. Medium Chain Triglycerides
5.4. Polyol Esters
5.5. Glycol Esters
5.6. Isopropyl Palmitate
5.7. Sucrose Esters
6. Application: Market Size & Analysis
6.1. Overview
6.2. Lubricants & fuels
6.3. Surfactants & detergents
6.4. Personal care & cosmetics
6.5. Food and pharmaceutical
7. Geography: Market Size & Analysis
7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia Pacific
7.5. Rest of the World
8. Competitive Landscape
8.1. Competitor Comparison Analysis
8.2. Market Developments
8.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
8.2.2. Product Launches and execution
9. Vendor Profiles
9.1. Wilmar International Ltd.
9.1.1. Overview
9.1.2. Financial Overview
9.1.3. Product End Users
9.1.4. Developments
9.1.5. Business Strategy
9.2. Cargill Inc.
9.2.1. Overview
9.2.2. Financial Overview
9.2.3. Product End Users
9.2.4. Developments
9.2.5. Business Strategy
9.3. Archer Daniels Midland Company (ADM)
9.3.1. Overview
9.3.2. Financial Overview
9.3.3. Product End Users
9.3.4. Developments
9.3.5. Business Strategy
9.4. BASF SE
9.4.1. Overview
9.4.2. Financial Overview
9.4.3. Product End Users
9.4.4. Developments
9.4.5. Business Strategy
9.5. KLK Oleo Group
9.5.1. Overview
9.5.2. Financial Overview
9.5.3. Product End Users
9.5.4. Developments
9.5.5. Business Strategy
9.6. P&G Chemicals
9.6.1. Overview
9.6.2. Financial Overview
9.6.3. Product End Users
9.6.4. Developments
9.6.5. Business Strategy
9.7. Emery Oleochemicals
9.7.1. Overview
9.7.2. Financial Overview
9.7.3. Product End Users
9.7.4. Developments
9.7.5. Business Strategy
9.8. IOI Group
9.8.1. Overview
9.8.2. Financial Overview
9.8.3. Product End Users
9.8.4. Developments
9.8.5. Business Strategy
9.9. Avril Group (Groupe Avril)
9.9.1. Overview
9.9.2. Financial Overview
9.9.3. Product End Users
9.9.4. Developments
9.9.5. Business Strategy
9.10. Ecogreen Oleochemicals
9.10.1. Overview
9.10.2. Financial Overview
9.10.3. Product End Users
9.10.4. Developments
9.10.5. Business Strategy
10. Analyst Opinion
11. Annexure
11.1. Report Scope
11.2. Market Definitions
11.3. Research Methodology
11.3.1. Data Collation and In-house Estimation
11.3.2. Market Triangulation
11.3.3. Forecasting
11.4. Report Assumptions
11.5. Declarations
11.6. Stakeholders
11.7. Abbreviations
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
List of Figures
Chart. 1. Global Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 2. Global Fatty Acid Methyl Ester Market Value for Glyceryl Monostearate, by Geography, 2022-2028 (USD Billion)
Chart. 3. Global Fatty Acid Methyl Ester Market Value for Medium Chain Triglycerides, by Geography, 2022-2028 (USD Billion)
Chart. 4. Global Fatty Acid Methyl Ester Market Value for Polyol Esters, by Geography, 2022-2028 (USD Billion)
Chart. 5. Global Fatty Acid Methyl Ester Market Value for Glycol Esters, by Geography, 2022-2028 (USD Billion)
Chart. 6. Global Fatty Acid Methyl Ester Market Value for Isopropyl Palmitate, by Geography, 2022-2028 (USD Billion)
Chart. 7. Global Fatty Acid Methyl Ester Market Value for Sucrose Esters, by Geography, 2022-2028 (USD Billion)
Chart. 8. Global Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 9. Global Fatty Acid Methyl Ester Market Value for Lubricants & Fuels, 2022-2028 (USD Billion)
Chart. 10. Global Fatty Acid Methyl Ester Market Value for Surfactants & Detergents, by Geography, 2022-2028 (USD Billion)
Chart. 11. Global Fatty Acid Methyl Ester Market Value for Personal Care & Cosmetics, by Geography, 2022-2028 (USD Billion)
Chart. 12. Global Fatty Acid Methyl Ester Market Value for Food and Pharmaceutical, by Geography, 2022-2028 (USD Billion)
Chart. 13. North America Fatty Acid Methyl Ester Market Value, by Country, 2022-2028 (USD Billion)
Chart. 14. North America Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 15. North America Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 16. U.S Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 17. U.S Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 18. Canada Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 19. Canada Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 20. Europe Fatty Acid Methyl Ester Market Value, by Country, 2022-2028 (USD Billion)
Chart. 21. Europe Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 22. Europe Fatty Acid Methyl Ester Market Value, Application, 2022-2028 (USD Billion)
Chart. 23. Germany Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 24. Germany Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 25. U.K Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 26. U.K Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 27. France Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 28. France Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 29. Italy Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 30. Italy Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 31. Spain Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 32. Spain Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 33. Roe Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 34. Roe Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 35. Asia Pacifc Fatty Acid Methyl Ester Market Value, by Country, 2022-2028 (USD Billion)
Chart. 36. Asia Pacifc Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 37. Asia Pacifc Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 38. China Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 39. China Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 40. India Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 41. India Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 42. Japan Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 43. Japan Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 44. Rest of APAC Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 45. Rest of APAC Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)
Chart. 46. Rest of World Fatty Acid Methyl Ester Market Value, by Product, 2022-2028 (USD Billion)
Chart. 47. Rest of World Fatty Acid Methyl Ester Market Value, by Application, 2022-2028 (USD Billion)

Companies Mentioned

  • 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)
  • Ecogreen Oleochemicals

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