Fatty Acid Esters Market Overview The global Fatty Acid Esters Market was valued at USD 2.12 billion in 2021 and is expected to reach USD 3.23 billion by 2030, growing at a CAGR of 5.40% between 2023 and 2030. The market report, includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and a climate-chain scenario.
Fatty acid esters are used in a wide range of industries for their lubricating properties, solvency, and resistance to oxidation. Fatty acid esters have low volatility compared with many traditional solvents, making them suitable as replacements for solvents in coatings, inks, and pressroom cleaners, as well as in lubricants and metalworking fluids.
Several product types of fatty acid esters such as isopropyl palmitate, glyceryl monostearate (GMS), medium chain triglycerides (MCT), sucrose esters, glycol esters, and polyol esters could find many applications across a range of industries. Used in the food industry as an emulsifier and a thickening agent, GMS forms a substantial market share of the fatty acid esters market.
Furthermore, the increasing demand from the cosmetic industry for isopropyl palmitate is estimated to boost the growth of the global Fatty Acid Esters market. In addition, other product types such as sucrose esters, glycol esters, and polyol esters could account for a comparatively smaller market share. Additionally, owing to the rising applications of these esters in industries such as surfactant, pharmaceutical, and paper, they are anticipated to grow their global annual production in the near future.
Covid-19 Impact on Fatty Acid Esters Market The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt in many end-use industries directly affected the chemical demand all around the world.
Fatty Acid Esters Market Segment Overview Based on the Product, Glyceryl Monostearate (GMS) is the largest segment in the global Fatty Acid Esters market. GMS is the major product in the fatty acid esters market. It is generally in the form of a hygroscopic, sweet-tasting, odorless, and white flaky powder and finds applications in several markets such as health and personal care, pharmaceutical, and food and beverage. In addition, in food production, GMS is used as a texture stabilizer, flavor enhancer, and emulsifier for food products such as instant noodles, biscuits, chewing gums, chocolates, meat products, and others.
Fatty Acid Esters Market, By Product
· Medium Chain Triglycerides (MCT)
· Glyceryl Monostearate
· Isopropyl Esters
· Polyol Esters
· Sucrose Esters
· Glycol Esters
· Others
Fatty Acid Esters Market, By Application
· Personal Care & Cosmetics
· Lubricants
· Food Processing
· Surfactants & Detergents
· Paper and Pharmaceuticals
· Others
Fatty Acid Esters Market Regional OverviewIn terms of region, Asia Pacific is the prominent region for the global Fatty Acid Esters market. The widespread use of fatty acid esters in the food industry may support Asia Pacific countries to grow at a significant rate. The increasing demand from the cosmetics and food industries is estimated to boost the market for fatty acid esters in not only the Asia Pacific but also the North American region. North America represented a major share of the global market and the pattern is foreseen to continue in the upcoming years as well. Additionally, the European market had held a decent share in the fatty acid esters market.
Fatty Acid Esters Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Fatty Acid Esters Market, Key Players· Cremer Oleo
· Chemicals Co. Ltd.
· Henan Eastar
· China Top Chemical (Jiangsu) Co. Ltd.
· Zhengzhou Dahe Food S&T Co. Ltd.
Report Scope
| Report Metric |
Details |
| Market size available for years |
2023–2030 |
| Base year considered |
2022 |
| Forecast period |
2023–2030 |
| Forecast unit |
Value (USD Billion) |
| Segments Covered |
By type (polyesters, acrylic esters, fatty acid esters, phosphate esters, and others) (Textile, Lubricant, Packaging, Paints and Coatings, Personal Care and Cosmetics, Surfactants, Food and Beverages, Others) |
| Regions covered |
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered |
Cremer Oleo,Chemicals Co. Ltd.,Henan Eastar,China Top Chemical (Jiangsu) Co. Ltd.,Zhengzhou Dahe Food S&T Co. Ltd. |
List of Figures
Figure 1: Global Fatty Acid Esters Market Revenue Breakdown (USD Billion, %) by Region, 2023 & 2030
Figure 2: Global Fatty Acid Esters Market Value Share (%), By Segment 1, 2023 & 2030
Figure 3: Global Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 4: Global Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 5: Global Fatty Acid Esters Market Value Share (%), By Segment 2, 2023 & 2030
Figure 6: Global Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 7: Global Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 8: Global Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 9: Global Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 10: Global Fatty Acid Esters Market Value Share (%), By Segment 3, 2023 & 2030
Figure 11: Global Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 12: Global Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 13: Global Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 14: Global Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 15: Global Fatty Acid Esters Market Value (USD Billion), by Region, 2023 & 2030
Figure 16: North America Fatty Acid Esters Market Value Share (%), By Segment 1, 2023 & 2030
Figure 17: North America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 18: North America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 19: North America Fatty Acid Esters Market Value Share (%), By Segment 2, 2023 & 2030
Figure 20: North America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 21: North America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 22: North America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 23: North America Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 24: North America Fatty Acid Esters Market Value Share (%), By Segment 3, 2023 & 2030
Figure 25: North America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 26: North America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 27: North America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 28: North America Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 29: North America Fatty Acid Esters Market Forecast (USD Billion), by U.S., 2018-2030
Figure 30: North America Fatty Acid Esters Market Forecast (USD Billion), by Canada, 2018-2030
Figure 31: Latin America Fatty Acid Esters Market Value Share (%), By Segment 1, 2023 & 2030
Figure 32: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 33: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 34: Latin America Fatty Acid Esters Market Value Share (%), By Segment 2, 2023 & 2030
Figure 35: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 36: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 37: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 38: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 39: Latin America Fatty Acid Esters Market Value Share (%), By Segment 3, 2023 & 2030
Figure 40: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 41: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 42: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 43: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 44: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Brazil, 2018-2030
Figure 45: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Mexico, 2018-2030
Figure 46: Latin America Fatty Acid Esters Market Forecast (USD Billion), by Rest of Latin America, 2018-2030
Figure 47: Europe Fatty Acid Esters Market Value Share (%), By Segment 1, 2023 & 2030
Figure 48: Europe Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 49: Europe Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 50: Europe Fatty Acid Esters Market Value Share (%), By Segment 2, 2023 & 2030
Figure 51: Europe Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 52: Europe Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 53: Europe Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 54: Europe Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 55: Europe Fatty Acid Esters Market Value Share (%), By Segment 3, 2023 & 2030
Figure 56: Europe Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 57: Europe Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 58: Europe Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 59: Europe Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 60: Europe Fatty Acid Esters Market Forecast (USD Billion), by U.K., 2018-2030
Figure 61: Europe Fatty Acid Esters Market Forecast (USD Billion), by Germany, 2018-2030
Figure 62: Europe Fatty Acid Esters Market Forecast (USD Billion), by France, 2018-2030
Figure 63: Europe Fatty Acid Esters Market Forecast (USD Billion), by Italy, 2018-2030
Figure 64: Europe Fatty Acid Esters Market Forecast (USD Billion), by Spain, 2018-2030
Figure 65: Europe Fatty Acid Esters Market Forecast (USD Billion), by Russia, 2018-2030
Figure 66: Europe Fatty Acid Esters Market Forecast (USD Billion), by Rest of Europe, 2018-2030
Figure 67: Asia Pacific Fatty Acid Esters Market Value Share (%), By Segment 1, 2023 & 2030
Figure 68: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 69: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 70: Asia Pacific Fatty Acid Esters Market Value Share (%), By Segment 2, 2023 & 2030
Figure 71: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 72: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 73: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 74: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 75: Asia Pacific Fatty Acid Esters Market Value Share (%), By Segment 3, 2023 & 2030
Figure 76: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 77: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 78: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 79: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 80: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by China, 2018-2030
Figure 81: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by India, 2018-2030
Figure 82: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Japan, 2018-2030
Figure 83: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Australia, 2018-2030
Figure 84: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Southeast Asia, 2018-2030
Figure 85: Asia Pacific Fatty Acid Esters Market Forecast (USD Billion), by Rest of Asia Pacific, 2018-2030
Figure 86: Middle East & Africa Fatty Acid Esters Market Value Share (%), By Segment 1, 2023 & 2030
Figure 87: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 88: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 89: Middle East & Africa Fatty Acid Esters Market Value Share (%), By Segment 2, 2023 & 2030
Figure 90: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 91: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 92: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 93: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 94: Middle East & Africa Fatty Acid Esters Market Value Share (%), By Segment 3, 2023 & 2030
Figure 95: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 1, 2018-2030
Figure 96: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 2, 2018-2030
Figure 97: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Sub-Segment 3, 2018-2030
Figure 98: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Others, 2018-2030
Figure 99: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by GCC, 2018-2030
Figure 100: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by South Africa, 2018-2030
Figure 101: Middle East & Africa Fatty Acid Esters Market Forecast (USD Billion), by Rest of Middle East & Africa, 2018-2030
List of Tables
Table 1: Global Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
Table 2: Global Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
Table 3: Global Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
Table 4: Global Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Region, 2018-2030
Table 5: North America Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
Table 6: North America Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
Table 7: North America Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
Table 8: North America Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Country, 2018-2030
Table 9: Europe Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
Table 10: Europe Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
Table 11: Europe Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
Table 12: Europe Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Country, 2018-2030
Table 13: Latin America Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
Table 14: Latin America Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
Table 15: Latin America Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
Table 16: Latin America Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Country, 2018-2030
Table 17: Asia Pacific Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
Table 18: Asia Pacific Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
Table 19: Asia Pacific Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
Table 20: Asia Pacific Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Country, 2018-2030
Table 21: Middle East & Africa Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2030
Table 22: Middle East & Africa Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2030
Table 23: Middle East & Africa Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2030
Table 24: Middle East & Africa Fatty Acid Esters Market Revenue (USD Billion) Forecast, by Country, 2018-2030
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
