Fatty Acid Methyl Ester Market Research Report –Global Forecast to 2023| MRFR

Fatty Acid Methyl Ester (FAME) Market Research Report – Forecast to 2023

ID: MRFR/CnM/4711-HCRR | July, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Global Fatty Acid Methyl Ester (Fame) Market Information: By Type (Medium Chain Triglyceride, Isopropyl Palmitate, Glyceryl Monostearate), Applications (Fuel, Lubricant, Metalworking Fluids, Coatings, Cosmetics & Personal Care), Region– Forecast Till 2023

Fatty acid methyl ester or FAME is an organic chemical, produced by trans-esterification of methanol and fatty acids. The product can be derived from various bio-based sources such as rapeseed, palm oil, vegetable oil, and soya beans. Rapeseed is most commonly preferred to produce fatty acid methyl ester due to better oil content (over 30%) than other material sources. Additionally, the bio-fuel or biodiesel produced from rapeseed has high cetane content, which gives complete combustion by lowering the emissions of harmful gases.

FAME is majorly used as a primary constituent in biodiesel. It is substantially preferred over conventional diesel due to the various beneficial properties such as non-toxic or low toxic emissions and its biodegradable nature. Instead of other free fatty acids, FAME is majorly used to nullify any corrosion that can be caused by free fatty acids to the metals of engines and production facilities. Furthermore, in the food & beverages industry FAME is used an emulsifying and thickening agent. The product finds its usage in a vast number of applications such as fuel additives, coatings, lubrication, metalworking fluids, and cosmetics & personal care.

Growing use and demand for FAME as an alternative to mineral oil derived fuel is the primary factor driving the growth of the global fatty acid methyl ester market. The rising demand for FAME in biodiesel production is mainly attributed to the complete combustion of fuel, lower toxic emissions, and corrosion free-nature. Metalworking fluid and lubricants are other major applications of FAME due to reducing use of mineral oil-based fluid in industrial processes to mitigate the environmental impact. Additionally, surging environmental concerns pertaining to the use of conventional and polluting crude oil-based liquid fuels are paving the way for non-conventional and greener fuel sources. As a result, the demand for FAME is likely to increase significantly during the forecast period. Moreover, FAME is substantially used as a green solvent in numerous chemical synthesis due to emission of low volatile organic chemicals (VOC) content and high biodegradability. The foods & beverage industry, especially food processing industry, is likely to witness a considerable growth over the review period due to rapid climatic changes affecting the crop production across the globe.

However, insufficient supply of raw materials may hamper the demand and supply scenario in the global market. Additionally, easy availability of desired raw materials in developing regions may lead to overcapacity in that particular regions, which may pose a significant challenge to the growth of this market. Nevertheless, growing development opportunities in Asia Pacific market and increasing preference to bio-based raw material in polymer manufacturing may offer growth opportunity during the assessment period, 2018–2023.

Global Fatty Acid Methyl Ester (FAME) market share, by applications 2017 (%)

Fatty Acid Methyl Ester (FAME) market

Regional Analysis

The global fatty acid methyl ester (FAME) market is spanned across five key regions: North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

Asia Pacific held over 40% share of the market share in 2016 and is expected to dominate the global market during the forecast period, 2018–2023. Rapid industrialization, growing automotive industry, and prospective growth scenario of the food processing industry is driving the growth of the regional market. The developing countries such as India, China, Vietnam, Myanmar, and Indonesia are the major contributors to the regional market.

North America is the second largest region in the global market. This region projected to occupy a significant share in the global fatty acid methyl ester (FAME) market on account of the huge production of the product and increasing demand as a fuel additive due to stringent environmental regulation favoring the growth of the regional market.

Europe is following North America in terms of market size. Latin America and the Middle East & Africa are other substantial regions in this market, which are expected to follow the leading regions in the years to come.

Segmentation

The global fatty acid methyl ester (FAME) market is segmented by type, application, and region.

Based on the type, the market is segmented into medium chain triglyceride, isopropyl palmitate, glyceryl monostearate, glycol ester, polyol ester, sucrose ester, and others.

On the basis the application, the global fatty acid methyl ester (FAME) market is segmented into fuel, metal working fluids, lubricant, food, agriculture, coatings, and others

Key Players

Some of the prominent players operating in the global fatty acid methyl ester (FAME) market are BASF S.E. (Germany), Archer Daniels Midland Company (ADM) (U.S.), Cargill Inc. (U.S.), Wilmar International Limited (Singapore), Procter & Gamble (Singapore), Emery Oleochemicals Group (Malaysia), Evonik Industries AG (Germany), KLK Oleo (Malaysia), Longyan Zhuoyue New Energy Co. Ltd. (China), and Alnor Oil Co. Inc. (U.S.), and others.

Intended audience

Fatty acid methyl ester (FAME) Manufacturers

Traders and distributors of fatty acid methyl ester (FAME)

Research and development institutes

Potential investors

Raw material suppliers

Nationalized laboratory

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Fatty acid methyl ester (FAME) Market

5 Industry Overview of Global Fatty acid methyl ester (FAME) Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Fatty acid methyl ester (FAME) Market by Type

7.1 Introduction

7.2 Medium Chain Triglyceride

7.2.1 Market Estimates & Forecast, 2018–2023

7.2.2 Market Estimates & Forecast by Region, 2018–2023

7.3 Isopropyl Palmitate

7.3.1 Market Estimates & Forecast, 2018–2023

7.3.2 Market Estimates & Forecast by Region, 2018–2023

7.4 Glyceryl Monostearate

7.3.1 Market Estimates & Forecast, 2018–2023

7.3.2 Market Estimates & Forecast by Region, 2018–2023

7.5 Glycol Ester

7.5.1 Market Estimates & Forecast, 2018–2023

7.5.2 Market Estimates & Forecast by Region, 2018–2023

7.6 Polyol Ester

7.6.1 Market Estimates & Forecast, 2018–2023

7.6.2 Market Estimates & Forecast by Region, 2018–2023

7.7 Sucrose Ester

7.7.1 Market Estimates & Forecast, 2018–2023

7.7.2 Market Estimates & Forecast by Region, 2018–2023

7.8 Others

7.8.1 Market Estimates & Forecast, 2018–2023

7.8.2 Market Estimates & Forecast by Region, 2018–2023

8. Global Fatty acid methyl ester (FAME) Market by Application

8.1 Introduction

8.2 Fuel

8.2.1 Market Estimates & Forecast, 2018–2023

8.2.2 Market Estimates & Forecast by Region, 2018–2023

8.3 Metal Working Fluids

8.3.1 Market Estimates & Forecast, 2018–2023

8.3.2 Market Estimates & Forecast by Region, 2018–2023

8.4 Lubricant

8.4.1 Market Estimates & Forecast, 2018–2023

8.4.2 Market Estimates & Forecast by Region, 2018–2023

8.5 Food

8.5.1 Market Estimates & Forecast, 2018–2023

8.5.2 Market Estimates & Forecast by Region, 2018–2023

8.6 Agriculture

8.6.1 Market Estimates & Forecast, 2018–2023

8.6.2 Market Estimates & Forecast by Region, 2018–2023

8.7 Coatings

8.7.1 Market Estimates & Forecast, 2018–2023

8.7.2 Market Estimates & Forecast by Region, 2018–2023

8.8 Others

8.8.1 Market Estimates & Forecast, 2018–2023

8.8.2 Market Estimates & Forecast by Region, 2018–2023

9. Global Fatty Acid Methyl Ester (FAME) Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2018–2023

9.2.2 Market Estimates & Forecast by Type, 2018–2023

9.2.3 Market Estimates & Forecast by Application, 2018–2023

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2018–2023

9.2.4.2 Market Estimates & Forecast by Type, 2018–2023

9.2.4.3 Market Estimates & Forecast by Application, 2018–2023

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2018–2023

9.2.5.2 Market Estimates & Forecast by Type, 2018–2023

9.2.5.3 Market Estimates & Forecast by Application, 2018–2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2018–2023

9.3.2 Market Estimates & Forecast by Type, 2018–2023

9.3.3 Market Estimates & Forecast by Application, 2018–2023

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2018–2023

9.3.4.2 Market Estimates & Forecast by Type, 2018–2023

9.3.4.3 Market Estimates & Forecast by Application, 2018–2023

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2018–2023

9.3.5.2 Market Estimates & Forecast by Type, 2018–2023

9.3.5.3 Market Estimates & Forecast by Application, 2018–2023

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2018–2023

9.3.6.2 Market Estimates & Forecast by Type, 2018–2023

9.3.6.3 Market Estimates & Forecast by Application, 2018–2023

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2018–2023

9.3.7.2 Market Estimates & Forecast by Type, 2018–2023

9.3.7.3 Market Estimates & Forecast by Application, 2018–2023

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2018–2023

9.3.8.2 Market Estimates & Forecast by Type, 2018–2023

9.3.8.3 Market Estimates & Forecast by Application, 2018–2023

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2018–2023

9.3.9.2 Market Estimates & Forecast by Type, 2018–2023

9.3.9.3 Market Estimates & Forecast by Application, 2018–2023

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2018–2023

9.3.10.2 Market Estimates & Forecast by Type, 2018–2023

9.3.10.3 Market Estimates & Forecast by Application, 2018–2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2018–2023

9.4.2 Market Estimates & Forecast by Type, 2018–2023

9.4.3 Market Estimates & Forecast by Application, 2018–2023

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2018–2023

9.4.4.2 Market Estimates & Forecast by Type, 2018–2023

9.4.4.3 Market Estimates & Forecast by Application, 2018–2023

9.4.5 India

9.4.4.1 Market Estimates & Forecast, 2018–2023

9.4.4.2 Market Estimates & Forecast by Type, 2018–2023

9.4.4.3 Market Estimates & Forecast by Application, 2018–2023

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2018–2023

9.4.6.2 Market Estimates & Forecast by Type, 2018–2023

9.4.6.3 Market Estimates & Forecast by Application, 2018–2023

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2018–2023

9.4.7.2 Market Estimates & Forecast by Type, 2018–2023

9.4.7.3 Market Estimates & Forecast by Application, 2018–2023

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2018–2023

9.4.8.2 Market Estimates & Forecast by Type, 2018–2023

9.4.8.3 Market Estimates & Forecast by Application, 2018–2023

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2018–2023

9.4.9.2 Market Estimates & Forecast by Type, 2018–2023

9.4.9.3 Market Estimates & Forecast by Application, 2018–2023

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2018–2023

9.5.2 Market Estimates & Forecast by Type, 2018–2023

9.5.3 Market Estimates & Forecast by Application, 2018–2023

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2018–2023

9.5.4.2 Market Estimates & Forecast by Type, 2018–2023

9.5.4.3 Market Estimates & Forecast by Application, 2018–2023

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2018–2023

9.5.5.2 Market Estimates & Forecast by Type, 2018–2023

9.5.5.3 Market Estimates & Forecast by Application, 2018–2023

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2018–2023

9.5.6.2 Market Estimates & Forecast by Type, 2018–2023

9.5.6.3 Market Estimates & Forecast by Application, 2018–2023

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2018–2023

9.5.7.2 Market Estimates & Forecast by Type, 2018–2023

9.5.7.3 Market Estimates & Forecast by Application, 2018–2023

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2018–2023

9.5.8.2 Market Estimates & Forecast by Type, 2018–2023

9.5.8.3 Market Estimates & Forecast by Application, 2018–2023

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2018–2023

9.6.2 Market Estimates & Forecast by Type, 2018–2023

9.6.3 Market Estimates & Forecast by Application, 2018–2023

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2018–2023

9.6.4.2 Market Estimates & Forecast by Type, 2018–2023

9.6.4.3 Market Estimates & Forecast by Application, 2018–2023

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2018–2023

9.6.5.2 Market Estimates & Forecast by Type, 2018–2023

9.6.5.3 Market Estimates & Forecast by Application, 2018–2023

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2018–2023

9.6.6.2 Market Estimates & Forecast by Type, 2018–2023

9.6.6.3 Market Estimates & Forecast by Application, 2018–2023

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2018–2023

9.6.7.2 Market Estimates & Forecast by Type, 2018–2023

9.6.7.3 Market Estimates & Forecast by Application, 2018–2023

10. Company Landscape

11. Company Profiles

11.1 BASF S.E

11.1.1 Company Overview

11.1.2 Type/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Archer Daniels Midland Company (ADM)

11.2.1 Company Overview

11.2.2 Type/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Cargill Inc.

11.3.1 Company Overview

11.3.2 Type/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Wilmar International Limited

11.4.1 Company Overview

11.4.2 Type/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 P&G Chemicals

11.5.1 Company Overview

11.5.2 Type/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Emery Oleochemicals Group

11.6.1 Company Overview

11.6.2 Type/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Evonik Industries AG

11.7.1 Company Overview

11.7.2 Type/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 KLK Oleo

11.8.1 Company Overview

11.8.2 Type/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Longyan Zhuoyue New Energy Co. Ltd.

11.9.1 Company Overview

11.9.2 Type/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Alnor Oil Co. Inc.

11.10.1 Company Overview

11.10.2 Type/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

12. Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2016 To 2030)

Table 2 Global Fatty acid methyl ester (FAME) Market: By Region, 2018–2023

Table 3 North America Fatty acid methyl ester (FAME) Market: By Country, 2018–2023

Table 4 Europe Fatty acid methyl ester (FAME) Market: By Country, 2018–2023

Table 5 Asia-Pacific Fatty acid methyl ester (FAME) Market: By Country, 2018–2023

Table 7 Middle East & Africa Fatty acid methyl ester (FAME) Market: By Country, 2018–2023

Table 6 Latin America Fatty acid methyl ester (FAME) Market: By Country, 2018–2023

Table 8 Global Fatty acid methyl ester (FAME) by Types Market: By Regions, 2018–2023

Table 9 North America Fatty acid methyl ester (FAME) by Types Market: By Country, 2018–2023

Table 10 Europe Fatty acid methyl ester (FAME) by Types Market: By Country, 2018–2023

Table11 Asia-Pacific Fatty acid methyl ester (FAME) by Types Market: By Country, 2018–2023

Table13 Middle East & Africa Fatty acid methyl ester (FAME) by Types Market: By Country, 2018–2023

Table12 Latin America Fatty acid methyl ester (FAME) by Types Market: By Country, 2018–2023

Table14 North America Fatty acid methyl ester (FAME) for Application Market: By Country, 2018–2023

Table13 Europe Fatty acid methyl ester (FAME) for Application Market: By Country, 2018–2023

Table14 Asia-Pacific Fatty acid methyl ester (FAME) for Application Market: By Country, 2018–2023

Table16 Middle East & Africa Fatty acid methyl ester (FAME) for Application Market: By Country, 2018–2023

Table15 Latin America Fatty acid methyl ester (FAME) for Application Market: By Country, 2018–2023

Table23 Global Types Market: By Region, 2018–2023

Table24 Global Application Market: By Region, 2018–2023

Table25 North America Fatty acid methyl ester (FAME) Market, By Country

Table26 North America Fatty acid methyl ester (FAME) Market, By Types

Table27 North America Fatty acid methyl ester (FAME) Market, By Application

Table28 Europe: Fatty acid methyl ester (FAME) Market, By Country

Table29 Europe: Fatty acid methyl ester (FAME) Market, By Types

Table30 Europe: Fatty acid methyl ester (FAME) Market, By Application

Table31 Asia-Pacific: Fatty acid methyl ester (FAME) Market, By Country

Table32 Asia-Pacific: Fatty acid methyl ester (FAME) Market, By Types

Table33 Asia-Pacific: Fatty acid methyl ester (FAME) Market, By Application

Table36 Middle East & Africa: Fatty acid methyl ester (FAME) Market, By Country

Table37 Middle East & Africa Fatty acid methyl ester (FAME) Market, By Types

Table33 Middle East & Africa: Fatty acid methyl ester (FAME) Market, By Application

Table34 Latin America: Fatty acid methyl ester (FAME) Market, By Country

Table35 Latin America Fatty acid methyl ester (FAME) Market, By Types

Table33 Latin America: Fatty acid methyl ester (FAME) Market, By Application

LIST OF FIGURES

FIGURE 1 Global Fatty acid methyl ester (FAME) Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Fatty acid methyl ester (FAME) Market

FIGURE 4 Value Chain of Global Fatty acid methyl ester (FAME) Market

FIGURE 5 Share of Global Fatty acid methyl ester (FAME) Market in 2016, by country (in %)

FIGURE 6 Global Fatty acid methyl ester (FAME) Market, 2018–2023,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Fatty acid methyl ester (FAME) Market size by Type, 2016

FIGURE 9 Share of Global Fatty acid methyl ester (FAME) Market by Type, 2016 to 2023

FIGURE 10 Sub segments of Application

FIGURE 11 Global Fatty acid methyl ester (FAME) Market size by Application, 2016

FIGURE 12 Share of Global Fatty acid methyl ester (FAME) Market by Application, 2016 to 2023