The Tallow Fatty Acids market is a segment of the oleochemicals industry and is expected to witness significant growth in the coming years. Tallow is a byproduct of the meat industry, primarily sourced from cattle, sheep, and pigs. Tallow fatty acids are derived from the hydrolysis of tallow, and are used in a wide range of applications.
Market Overview: The global tallow fatty acids market size was valued at USD 2.2 billion in 2020 and is expected to reach USD 3.3 billion by 2028, growing at a CAGR of 5.1% during the forecast period. The market growth is driven by the increasing demand for tallow fatty acids in various end-use industries, including soaps and detergents, rubber, plastics, personal care products, and others.
Product Types: The tallow fatty acids market can be segmented based on product type into oleic acid, stearic acid, palmitic acid, myristic acid, and others. Oleic acid accounted for the largest share of the market in 2020, owing to its high demand in the manufacturing of soaps, detergents, and personal care products.
End-Use Industries: The tallow fatty acids market can be segmented based on end-use industries into soaps and detergents, rubber, plastics, personal care products, and others. Soaps and detergents accounted for the largest share of the market in 2020, owing to the high demand for tallow fatty acids as a raw material in the production of soaps and detergents.
Regional Analysis: The global tallow fatty acids market can be segmented based on geography into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific accounted for the largest share of the market in 2020, owing to the high demand for tallow fatty acids in the manufacturing of soaps and detergents in the region. The increasing population, rising disposable income, and changing lifestyles in the region are also driving the demand for tallow fatty acids.
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Key Players: Some of the major players operating in the tallow fatty acids market include AkzoNobel N.V., Acme-Hardesty Co., H Foster & Co. Ltd., BASF SE, Baerlocher GmbH, Chemithon Enterprises, Chemol Company Inc., Colgate Palmolive, Emery Oleochemicals and LG Household
Conclusion: The global tallow fatty acids market is expected to witness significant growth in the coming years, owing to the increasing demand for tallow fatty acids in various end-use industries, particularly in the soaps and detergents industry. The market is highly competitive, with major players focusing on mergers and acquisitions, partnerships, and collaborations to expand their market presence.
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Players, stakeholders, and other participants in the global Tallow Fatty Acids market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-sample/6541866/global-japan-tallow-fatty-acids-2027-94For Japan market, this report focuses on the Tallow Fatty Acids market size by players, by Type, and by Application, for the period 2016-2027.
The key players include the global and local players which play important roles in Japan.Segment by TypeFood GradeIndustrial GradeSegment by ApplicationFood AdditivesSoap & DetergentsRubber & PlasticsLubricants & GreasesTextile IndustryOthersBy RegionNorth AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EBy CompanyTwin Riveres TechnologiesVVF-LLCCailaEmery OleochemicalsVantage OleoCharb ChimieUNDESADaping ChemicalsTallow Products PtyReasons to Purchase Our Research Report:1.
Market dynamics scenario, along with growth opportunities of the market in the years to come3.
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects4.
Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.5.
The Global Tallow Fatty Acids Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.Tallow fatty acids are refined hard fatty acids, which are extracted from suet.
They are used in a wide range of industries including, but not limited to alkyd resins, buffing compounds, industrial and institutional cleaners, ore flotation, oilfield chemicals, textile, construction and rubber industries.
Some of the common end-user products obtained from tallow fatty acids are soaps and detergents, rubber, plastic, personal care products, and others including food and lubricants.
In particular, monounsaturated fatty acids find huge demand in the production of soaps & detergents, cosmetics etc.
and thus contributing significantly to the tallow fatty acids market growth.Depending on the presence or absence of double bonds between carbon atoms, tallow fatty acids can be classified as saturated and unsaturated fatty acids.
The Global Tallow Fatty Acids Market Report, with its deep industry analysis of the market, estimates the market size bifurcated into segments and regions.
The Tallow Fatty Acids market share and growth, trends estimated at the end of 2027 give a fair idea of the new opportunities coming up in the market.
The detailed key player's profile and market share analysis give a better understanding of the competitors and their business strategies.Base Year: 2020Estimated Year: 2021Forecast Till: 2027The report classifies the market into different segments based on type and product.
These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels.
The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.Get | Download FREE Sample Report of Global Tallow Fatty Acids Market @ https://www.decisiondatabases.com/contact/download-sample-150A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Tallow Fatty Acids market.
The impact is closely studied in terms of production, import, export, and supply.The report covers the complete competitive landscape of the Worldwide Tallow Fatty Acids market with company profiles of key players such as:Emery OleochemicalsAcme-Hardesty CoH Foster & Co. LtdBASF SEVVF LLCBaerlocher GmbHVantage Specialty ChemicalsAkzoNobel N.V.Want to add more Company Profiles to the Report?
