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Fatty Acid Methyl Ester (FAME) Market - Global Industry Analysis

Fatty Acid Methyl Ester (FAME) Market by Type (Soya Methyl Ester, Rapeseed Methyl Ester, and Palm Oil Methyl Ester) and by Application (Fuels, Lubricants, Coatings, Food & Agriculture, and Metal Working Fluids): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Published Date: 29-Jul-2019 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-4510 Status : Published

Global fatty acid methyl ester (FAME) market expected to generate around USD 28.38 billion by 2026, at a CAGR of around 5.10% between 2019 and 2026. The fatty acid methyl ester (FAME) market is also driven by the growing demand for biodiesel due to its environment-friendly nature.

Description

The report covers a forecast and an analysis of the fatty acid methyl ester (FAME) market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Billion). The study includes the drivers and restraints of the global fatty acid methyl ester (FAME) market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the global fatty acid methyl ester (FAME) market on a global level.

In order to give the users of this report a comprehensive view of the global fatty acid methyl ester (FAME) market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the global fatty acid methyl ester (FAME) market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Fatty Acid Methyl Ester (FAME) Market

The study provides a decisive view of the global fatty acid methyl ester (FAME) market by segmenting the market based on type, application, and region. All the type and application segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some key players operating in the global fatty acid methyl ester (FAME) market are Novaol, Biopetrol Industries, Biofuels Corporation, Diester Industries, ADM Biodiesel, Evonik Industries, Cargill, Green Fuels, Western Lowa Energy, and P&G Chemicals.

This report segments the global fatty acid methyl ester (FAME) market into:

Global Fatty Acid Methyl Ester (FAME) Market: By Type

  • Soya Methyl Ester
  • Rapeseed Methyl Ester
  • Palm Oil Methyl Ester

Global Fatty Acid Methyl Ester (FAME) Market: By Application

  • Fuels
  • Lubricants
  • Coatings
  • Food and Agriculture
  • Metal Working Fluids

Global Fatty Acid Methyl Ester (FAME) Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1.    Introduction
    • 1.1.    Report description 
      • 1.1.1.    Objective
      • 1.1.2.    Target Audience
      • 1.1.3.    Unique Selling Proposition (USP) & Offerings 
    • 1.2.    Research scope 
    • 1.3.    Market Research Methodology
      • 1.3.1.    Level 1: Primary Research 
      • 1.3.2.    Level 2: Secondary Research
      • 1.3.3.    Level 3: Data Validation and Expert Panel Assessment
  •  
  • Chapter 2.    Executive Summary
    • 2.1.    Global Fatty acid methyl ester (FAME) market, 2016–2026 (USD Billion)
    • 2.2.    Global Fatty acid methyl ester (FAME) market: Snapshot
  •  
  • Chapter 3.    Global Fatty Acid Methyl Ester (FAME) Market – Industry Dynamics
    • 3.1.    Introduction 
      • 3.1.1.    Classification of Global Fatty acid methyl ester (FAME) Market
      • 3.1.2.    Key trend analysis
    • 3.2.    Market Drivers
      • 3.2.1.    Tax Incentives Supporting Market Development
      • 3.2.2.    Growing Demand for Biodiesel Due to Its Environment-Friendliness
      • 3.2.3.    Increasing demand for recyclability
    • 3.3.    Market Restraints
      • 3.3.1.    Restraints for Global Fatty acid methyl ester (FAME) Market: Impact Analysis
      • 3.3.2.    Insufficient Availability of All Feedstock
      • 3.3.3.    Easy Availability of Raw Materials in Emerging Regions Leading to Overcapacity
    • 3.4.    Opportunities
      • 3.4.1.    Technological advancements through R&D
      • 3.4.2.    Market opportunities in the Asia Pacific
      • 3.4.3.    Preference of Bio-Based Raw Materials for Polymer Manufacturing
    • 3.5.    Porter’s Five Forces Analysis
    • 3.6.    Attractiveness Investment Proposition
      • 3.6.1.    Market attractiveness analysis by Type
      • 3.6.2.    Market attractiveness analysis by Application
      • 3.6.3.    Market attractiveness analysis by Region
      • 3.6.4.    Global Fatty acid methyl ester (FAME) Market Country Ranking by Market Size, 2018
      • 3.6.5.    Global Fatty acid methyl ester (FAME) Market Country Ranking by CAGR, 2019 - 2026
  •  
  • Chapter 4.    Global Fatty acid methyl ester (FAME) Market – Competitive Landscape
    • 4.1.    Company market share analysis, 2016 (subject to data availability)
    • 4.2.    Strategic Development
      • 4.2.1.    Acquisitions & Mergers
      • 4.2.2.    New Types Launch
      • 4.2.3.    Agreements, Partnerships, Collaborations and Joint Ventures, Key Growth Strategies
    • 4.3.    Research and Development and Regional Expansion
    • 4.4.    List of Emerging Companies
  •  
  • Chapter 5.    Global Fatty acid methyl ester (FAME) Market – Marketing Strategy Analysis
    • 5.1.    Marketing Channels
    • 5.2.    Pricing Analysis
    • 5.3.    Target Client
    • 5.4.    Consumer Preference Trends
    • 5.5.    PESTEL Analysis
    • 5.6.    SWOT Analysis
  •  
  • Chapter 6.    Global Fatty acid methyl ester (FAME) Market – Type Analysis
    • 6.1.    Global fatty acid methyl ester (FAME) market: Type analysis
      • 6.1.1.    Global fatty acid methyl ester (FAME) market share by Type, 2018 and 2026
    • 6.2.    Soya Methyl Ester
      • 6.2.1.    Overview 
      • 6.2.2.    Global Soya Methyl Ester fatty acid methyl ester (FAME) market, 2016–2026 (USD Billion)
    • 6.3.    Rapeseed Methyl Ester
      • 6.3.1.    Overview 
      • 6.3.2.    Global rapeseed methyl ester fatty acid methyl ester (FAME) market, 2016–2026 (USD Billion)
    • 6.4.    Palm Oil Methyl Ester
      • 6.4.1.    Overview 
      • 6.4.2.    Global palm oil methyl ester fatty acid methyl ester (FAME) market, 2016–2026 (USD Billion)
  •  
  • Chapter 7.    Global Fatty acid methyl ester (FAME) Market – Application Analysis
    • 7.1.    Global fatty acid methyl ester (FAME) market: Application
      • 7.1.1.    Global Fatty acid methyl ester (FAME) Market Revenue Share, by Application, 2018 and 2026
    • 7.2.    Fuels
      • 7.2.1.    Global fatty acid methyl ester (FAME) market for fuels, 2016–2026 (USD Billion)
    • 7.3.    Lubricants
      • 7.3.1.    Global fatty acid methyl ester (FAME) market for lubricants, 2016–2026 (USD Billion)
    • 7.4.    Coatings
      • 7.4.1.    Global fatty acid methyl ester (FAME) market for coatings, 2016–2026 (USD Billion)
    • 7.5.    Food & Agriculture
      • 7.5.1.    Global fatty acid methyl ester (FAME) market for food & agriculture, 2016–2026 (USD Billion)
    • 7.6.    Metal Working Fluids
      • 7.6.1.    Global fatty acid methyl ester (FAME) market for metal working fluids, 2016–2026 (USD Billion)
  •  
  • Chapter 8.    Global Fatty acid methyl ester (FAME) market: Regional Analysis
    • 8.1.    Global fatty acid methyl ester (FAME) market: Regional overview 
      • 8.1.1.    Global fatty acid methyl ester (FAME) market share by region, 2018 and 2026
    • 8.2.    North America 
      • 8.2.1.    Overview 
        • 8.2.1.1.    North America fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.2.1.2.    North America fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.2.2.    The U.S.
        • 8.2.2.1.    The U.S. fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.2.2.2.    The U.S. fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.2.3.    Canada
        • 8.2.3.1.    Canada fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.2.3.2.    Canada fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
    • 8.3.    Europe
      • 8.3.1.    Overview 
        • 8.3.1.1.    Europe fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.3.1.2.    Europe fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.3.2.    Germany 
        • 8.3.2.1.    Germany fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.3.2.2.    Germany fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.3.3.    UK
        • 8.3.3.1.    UK fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.3.3.2.    UK fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.3.4.    France 
        • 8.3.4.1.    France fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.3.4.2.    France fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.3.5.    Rest of Europe 
        • 8.3.5.1.    Rest of Europe fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.3.5.2.    Rest of Europe fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
    • 8.4.    Asia Pacific
      • 8.4.1.    Overview 
        • 8.4.1.1.    Asia Pacific fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.4.1.2.    Asia Pacific fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.4.2.    China
        • 8.4.2.1.    China fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.4.2.2.    China fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.4.3.    Japan
        • 8.4.3.1.    Japan fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.4.3.2.    Japan fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.4.4.    India
        • 8.4.4.1.    India fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.4.4.2.    India fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.4.5.    Rest of Asia Pacific
        • 8.4.5.1.    Rest of Asia Pacific fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.4.5.2.    Rest of Asia Pacific fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
    • 8.5.    Latin America 
      • 8.5.1.    Overview 
        • 8.5.1.1.    Latin America fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.5.1.2.    Latin America fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.5.2.    Brazil
        • 8.5.2.1.    Brazil fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.5.2.2.    Brazil fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
      • 8.5.3.    Rest of Latin America
        • 8.5.3.1.    Rest of Latin America fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.5.3.2.    Rest of Latin America fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion) 
    • 8.6.    The Middle East and Africa
      • 8.6.1.    Overview 
        • 8.6.1.1.    The Middle East and Africa fatty acid methyl ester (FAME) market revenue, by Type, 2016–2026 (USD Billion) 
        • 8.6.1.2.    The Middle East and Africa fatty acid methyl ester (FAME) market revenue, by Application, 2016–2026 (USD Billion)
  •  
  • Chapter 9.    Company Profile  
    • 9.1.    Biofuels Corporation
      • 9.1.1.    Overview  
      • 9.1.2.    Financials  
      • 9.1.3.    Type portfolio 
      • 9.1.4.    Business strategy 
      • 9.1.5.    Recent developments 
    • 9.2.    ADM Biodiesel
      • 9.2.1.    Overview  
      • 9.2.2.    Financials  
      • 9.2.3.    Type portfolio 
      • 9.2.4.    Business strategy 
      • 9.2.5.    Recent developments 
    • 9.3.    Diester Industries
      • 9.3.1.    Overview  
      • 9.3.2.    Financials  
      • 9.3.3.    Type portfolio 
      • 9.3.4.    Business strategy 
      • 9.3.5.    Recent developments 
    • 9.4.    Evonik Industries
      • 9.4.1.    Overview  
      • 9.4.2.    Financials  
      • 9.4.3.    Type portfolio 
      • 9.4.4.    Business strategy 
      • 9.4.5.    Recent developments 
    • 9.5.    Cargill
      • 9.5.1.    Overview  
      • 9.5.2.    Financials  
      • 9.5.3.    Type portfolio 
      • 9.5.4.    Business strategy 
      • 9.5.5.    Recent developments 
    • 9.6.    Green Fuels
      • 9.6.1.    Overview  
      • 9.6.2.    Financials  
      • 9.6.3.    Type portfolio 
      • 9.6.4.    Business strategy 
      • 9.6.5.    Recent developments 
    • 9.7.    Biopetrol Industries
      • 9.7.1.    Overview  
      • 9.7.2.    Financials  
      • 9.7.3.    Type portfolio 
      • 9.7.4.    Business strategy 
      • 9.7.5.    Recent developments 
    • 9.8.    Western Lowa Energy
      • 9.8.1.    Overview  
      • 9.8.2.    Financials  
      • 9.8.3.    Type portfolio 
      • 9.8.4.    Business strategy 
      • 9.8.5.    Recent developments
    • 9.9.    P&G Chemicals
      • 9.9.1.    Overview  
      • 9.9.2.    Financials  
      • 9.9.3.    Type portfolio 
      • 9.9.4.    Business strategy 
      • 9.9.5.    Recent developments
    • 9.10.    Novaol
      • 9.10.1.    Overview  
      • 9.10.2.    Financials  
      • 9.10.3.    Type portfolio 
      • 9.10.4.    Business strategy 
      • 9.10.5.    Recent developments

Methodology

Free Analysis

Fatty acid methyl ester (FAME) is extracted from vegetable oils via the process of transesterification and is a primary ingredient for biodiesel. FAME is a fatty acid ester that is derived by an alkali catalyzed by fats and methanol. Primary raw materials for extracting FAME are UGO, soybean, palm oils, sunflower oil, and animal fats. The fatty acid methyl ester (FAME) is likely to grow notably in future, due to FAME’s low toxin emissions and biodegradable nature. The fatty acid methyl ester (FAME) market is also driven by the growing demand for biodiesel due to its environment-friendly nature. FAME usage is increasing rapidly due to its recyclable property and government concessions on tax, which will further the fatty acid methyl ester (FAME) market growth in the future. However, insufficient availability of feedstock may limit the fatty acid methyl ester (FAME) market. Additionally, the problem of overstocking of raw materials in developing nations leads to wastage of resources. There have been rapid technological advancements to harness more power and diverse utilization of FAME. Biodiesel is a popular substitute for the manufacturing of polymers. These favorable properties are expected to also boost the fatty acid methyl ester (FAME) market globally in the future.

On the basis of type, the fatty acid methyl ester (FAME) market is divided into soya methyl ester, palm oil methyl ester, and rapeseed methyl ester. Soya methyl ester is expected to hold the maximum market share, in terms of both revenue and volume, over the projected timeframe. Soya methyl ester is increasingly used as a green solvent, as it contains low VOC apart from being biodegradable. The increasing demand for soya methyl ester is expected to further this segment’s growth in the future. Based on application, the global market for fatty acid methyl ester (FAME) is divided into fuels, coatings, metal working fluids, food and agriculture, and lubricants. Fuels are expected to contribute the largest share, in terms of both revenue and volume, in t6he years ahead. Fuel is mostly used in vehicles, farm equipment, stationary power generators, and machines like construction and mining equipment.

North America is estimated to hold the maximum share of the fatty acid methyl ester (FAME) market globally, in terms of both revenue and volume, over the projected time period. This regional growth can be attributed to the region’s recyclability demand and rising environmental awareness, which has increased the use of biodiesel.

Some key players operating in the global fatty acid methyl ester (FAME) market are Novaol, Biopetrol Industries, Biofuels Corporation, Diester Industries, ADM Biodiesel, Evonik Industries, Cargill, Green Fuels, Western Lowa Energy, and P&G Chemicals.

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