Palm Methyl Ester Derivative Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2019–2025

Report Code: ZMR-4048 | Report Format : | Status : Upcoming |

Abstract

Global Palm Methyl Ester Derivative Market: Overview

Palm methyl ester derivatives are basically oleochemicals processed from palm kernel oil and crude palm oil. The growing global demand and popularity of the palm methyl ester derivative market can be attributed to the increase in the disposable income of the regional population in the Asia Pacific and Latin American regions, which, in turn, fuels their purchasing power.

Global Palm Methyl Ester Derivative Market: Growth Factors

The growing product demand from a wide array of end-user sectors is majorly expected to drive the palm methyl ester derivative market globally in the upcoming years. The increasing awareness related to natural ingredients utilized in personal care and home care products is another significant factor likely to support the global palm methyl ester derivative market in the future. As palm methyl ester derivative is used to manufacture different kinds of products, such as detergents, soaps, food and additives, lubricants, and personal care products, the demand for palm methyl ester derivative is always high. In today’s time, numerous major industry players across the globe are likely to shift to palm-based raw materials for the production of several chemicals owing to changing customer preference.

Global Palm Methyl Ester Derivative Market: Segmentation

The global palm methyl ester derivative market is fragmented on the basis of type, product, and application. On the basis of type, the global palm methyl ester derivative market is bifurcated into palm kernel oil (PKO) and crude palm oil (CPO). Based on product, the market includes methyl linoleate, methyl oleate, methyl stearate, methyl palmitate, methyl myristate, methyl laurate, and methyl caprylate. The methyl oleate segment generated the largest revenue in 2018, owing to its huge demand for manufacturing soaps, detergents, personal care products, chemicals, cosmetics, etc. By application, the global palm methyl ester derivative market is categorized into solvents, lubricants and additives, food and beverages, personal care products and cosmetics, and soaps and detergents. The soaps and detergents segment is expected to hold the largest market share in the future.

Global Palm Methyl Ester Derivative Market: Regional Analysis

The Asia Pacific region is likely to account for a significant revenue share of the palm methyl ester derivative market globally in the years ahead. This regional growth can be attributed to the high utilization of palm methyl ester derivative chemicals in automotive, paint and coating, and food sectors and increasing consumer health consciousness and the requirement for a green and clean environment. Furthermore, the development of biodiesel in India is fuelled by several initiatives taken by this developing nation’s central government, which is projected to further drive this regional market’s expansion. The rapidly growing product demand from a wide range of sectors, such as personal care, food, beverage, biodiesel, etc., is also likely to contribute to the Asia Pacific palm methyl ester derivative market. Majority of the worldwide palm is cultivated in Indonesia and Malaysia. Thus, the majority of key market players are based in this region that export huge amounts of raw materials to the European and North American markets. The North American palm methyl ester derivative market is projected to witness a moderate development in the future, due to the high disposable income of the regional population.

Global Palm Methyl Ester Derivative Market: Competitive Players

Some key players of the global palm methyl ester derivative market are Oleon NV, VVF LLC, Emery Oleochemicals Group, KLK Oleo, Musim Mas Group, IOI Corporation Berhad, P&G, and Wilmar International Ltd., among others.

Global Palm Methyl Ester Derivative Market: Regional Segment Analysis

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

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Metal Bonding Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4134 | Report Format:

Global Metal Bonding Adhesives Market: Overview Metal bonding adhesives find a spectrum of applications in the automobile and aviation sectors. Furthermore, large-scale use of the product in maintenance work, on-field, and production activities will drive the market demand. Global Metal Bondin...Read More

Polymeric Sand Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4128 | Report Format:

Global Polymeric Sand Market: Overview Polymeric sandis a blend of fine sand mixed with additives such as polymers. When the sand is mixed with water, it forms a robust binding that entangles thesandparticles. The product is used to fill joints between myriad types of pavers like brick pavers, c...Read More

Refinery Catalyst Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4127 | Report Format:

Global Refinery Catalyst Market: Overview Refining catalyst supports the transformation of petroleum refinery naphthas to high-octane liquid compounds. Additionally, it also helps in the transformation of low octane hydrocarbons to cyclic naphthalenes. Then, the latter are dehydrogenated to gene...Read More

Redispersible Polymer Powder Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4126 | Report Format:

Global Redispersible Polymer Powder Market: Overview Redispersible polymer powder, when combined with the water, dissolves to generate new emulsions. The product when mixed with mortars enhances consistency, bond toughness, and suppleness. It also enhances water-retaining ability, adhesiveness, ...Read More

Polymer Emulsion Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4122 | Report Format:

Global Polymer Emulsion Market: Overview Polymer emulsion can be carried out through emulsion polymerization procedure in which the monomer emulsification is made with water and surfactant acting as a catalyst. The normally used monomers in the emulsion polymerization process include acrylate es...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.