Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market for Detergents, Personal Care, Plastics – Global Market Growth & Forecast Attractiveness by 2023

Palm kernel oil and coconut oil based natural fatty acids are medium-chain oleochemicals that exhibit excellent performance as surfactants. Natural fatty acids have potential industrial use as an environmentally sustainable material owing to their extraction from natural and renewable sources. Natural fatty acids are employed in numerous end-user industries such as detergents, personal care, plastics, rubber, and others. Asia Pacific dominated the natural fatty acids market in terms of demand, followed by Europe and North America in the past few years. Asia Pacific is expected to maintain its leading position in the market during the forecast period.

The report estimates and forecasts the palm kernel oil and coconut oil based natural fatty acids market on the global, regional, and country level. The study provides forecast from 2015 to 2023 based on volume (kilo tons) and revenue (US$ Mn). The report comprises an exhaustive value chain analysis, which provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the natural fatty acids market along with their impact on demand during the forecast period. The report analyzes opportunities in the natural fatty acids market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources.

The report includes Porter’s Five Forces Model to determine the degree of competition in the natural fatty acids market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and countries have been analyzed based on attractiveness. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report includes price trend analysis for raw materials (palm kernel oil and coconut oil) and natural fatty acids from 2014 to 2023.

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The study provides a comprehensive view of the natural fatty acids market by dividing it into end-user segments such as detergents, personal care, rubber, plastics, and others. End-user segments have been analyzed based on historic, present, and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn).

Regional segmentation includes the current and forecast demand for natural fatty acids in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for end-user segments. Key countries such as the U.S., Germany, Italy, the U.K., France, Spain, China, Brazil, and South Africa have been included in the study. Market segmentation includes demand for individual end-user in all regions and countries.

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include Emery Oleochemicals, Kao Corporation, Kuala Lumpur Kepong Berhad, OLEON NV, and Wilmar International Ltd. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview.

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Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.