Tallow Fatty Acids Market Size & Share 2017 - 2024

Market Size by Product (Saturated [Stearic Acid, Myristic Acid, Palmitic Acid], Monounsaturated, Polyunsaturated), by End User (Soaps & Detergents, Rubber, Plastics, Personal Care Products), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast.
Report ID: GMI1538
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Published Date: April 2017
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Report Format: PDF

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Tallow Fatty Acids Market Size

Tallow Fatty Acids Market size was more than USD 2.5 billion in 2016 and is estimated to witness growth more than 2.5% over the projected timespan.
 

U.S. tallow fatty acids market by end-user

Increasing soaps and detergents demand across the globe will be the major factor propelling the global tallow fatty acids market size over the forecast timespan. The product (stearic acid, palmitic acid and oleic acid) are majorly used in manufacturing soaps and detergents, thus elevating soaps and detergent business will subsequently boost the overall industry size by 2024. For instance, the product is majorly used in the soaps to provide creamy lather along with superior conditioning properties. In addition, the global cleaning product market revenue in 2013 was more than USD 60 billion and is projected to exceed USD 100 billion by 2024. Furthermore, prevalence of favoring regulations regarding cleanliness and hygiene in the food & beverage and manufacturing industries will proliferate the global tallow fatty acids market size by 2024.
 

Positive growth indicators in the rubber and plastics industry will stimulate the overall tallow fatty acids market share in the coming years. The product is widely used in the rubber and plastics industry on account of its ability to offer stabilizing, lubricating, gelling, and anti-caking characteristics. For instance, across rubber processing the product (stearic acid) is used anti-tacking and vulcanization agents and in plastics it is used as additives. Thus, escalating rubber and plastic demand from various end-user industries such as packaging, building & construction, automotive and electronics will drive the global tallow oil fatty acids market size in the near future.
 

Drifting industry trends of manufacture soaps and detergents from vegetable oils over the product may hamper the global tallow oil market size over the forecast timeframe. For instance, the product faces stiff substitution threat from palm oil. In addition, palm oil production is comparatively low and is thus preferred in the business. However, rising product applications in industries such as food & beverage, pharmaceuticals and personal care will create new growth avenues for the overall tallow oil fatty acids market by 2024. For instance, the product is classified as GRAS (Generally Recognized As Safe) by the FDA for its use in food products such as candies.
 

Tallow Fatty Acids Market Analysis

Saturated tallow fatty acids market size is forecast to exhibit gains more than 2% CAGR from 2017 to 2024. The product has long chains of carboxylic acid with 12 to 24 carbon atoms, which are saturated with hydrogen. It is majorly used in production of soaps & detergents, rubber & plastics, oilfield chemicals and pharmaceuticals. Thus, strong demand for these products will subsequently boost business growth.
 

Monounsaturated tallow fatty acids market share led the global business in 2016. These are majorly use in used in manufacturing soaps and cosmetics. Increasing cosmetic demand on account of increasing consumer focus towards personal wellbeing will positively impact on the global monounsaturated tallow fatty acids market size in the coming years.
 

The global tallow fatty acids market size for soaps and detergents was more than USD 500 million in 2016. The product owing to its high conditioning and moisturizing properties is mainly used in manufacturing soaps. Thus, robust growth in the cleaning and detergents industry on account of improving consumer lifestyle dynamics is analyzed to be the major factor propelling the industry size.
 

Rubber applications is forecast to witness growth more than 2% over the forecast period. The product primarily used as stabilizing agents and are effective lubricants which reduce adhesion between unvulcanized rubber layers. It also helps in improving the rubber-metal adhesion, which is an essentially required in manufacturing tires. Increasing automobile manufacturing and sales will increasing product demand for tire manufacturing, which we subsequently drive the global tallow fatty acids market size by 2024.
 

North America tallow fatty acids market size was more than USD 950 million in 2016. Prevalence of strict government regulations in order to maintain hygiene across food & beverage and medical industry will is a prime factor propelling industry growth in the region. Strong automotive manufacturing and sales is another factor pushing the regional industry for rubber applications. Furthermore, increasing plastic demand in the region due to prevalence of substantial end-user industries such as automotive, electronics, etc. will complement regional growth.
 

Asia Pacific is forecast to experience prominent growth over the forecast timeframe. Positive growth indicators in the regional FMCG sector is the chief factor driving the overall industry growth in the region, as soaps and detergents are one of the important consumer goods. Escalating automotive manufacturing and sales in China, India, Japan and Indonesia is one amongst the major factor propelling the regional growth. In addition, prominent growth in the regional end-user businesses such as electronics and construction has substantially stimulated the overall rubber and plastic demand in the region, which in turn proliferates the tallow fatty acids market size in the region.
 

Tallow Fatty Acids Market Share

Tallow fatty acids market share is highly fragmented with top product manufactures accounting less than 30% of the overall industry chunk in 2016. Prevalence of various small and medium scale product manufacturers makes the industry competitive. Key industry share contributors include

  • BASF SE
  • AkzoNobel
  • Twin Rivers Technologies
  • VVF L.LC
  • Godrej Industries
  • Vantage Oleochemicals, Inc.
  • FerroMac International
  • LG Household and Healthcare
  • Limited
  • Emery Oleochemicals
  • Chemol Company Inc.
  • Colgate Palmolive
  • Baerlocher GmbH
  • Chemithon Enterprises
  • Acme-Hardesty Co.
  • H Foster & Co. Ltd.
     

Tallow Fatty Acids Industry Background

Tallow fatty acids are oleochemicals which are derived from animal fats. Different animal fats types such as mutton tallow and beef tallow are used for product manufacturing. Rising soaps & detergents products demand will be the major factor driving the tallow fatty acids market size by 2024. Additionally, increasing use of the product in the rubber and plastics industry shall contribute towards business growth. However, drifting product manufacturers preferences from animal based raw materials to vegetable based may hamper industry growth over the projected timeframe.
 

Authors: Kiran Pulidindi, Kunal Ahuja
Tallow Fatty Acids Market Scope
  • Tallow Fatty Acids Market Size
  • Tallow Fatty Acids Market Trends
  • Tallow Fatty Acids Market Analysis
  • Tallow Fatty Acids Market Share

Report Content

Chapter 1.  Methodology and Scope

1.1.  Methodology

1.1.1.    Initial data exploration

1.1.2.    Statistical model and forecast

1.1.3.    Industry insights and validation

1.1.4.    Definitions & forecast parameters

1.2.  Data sources

1.2.1.    Primary

1.2.2.    Secondary

Chapter 2.  Executive Summary

2.1.  Tallow fatty acids industry 360° synopsis, 2013 – 2024

2.1.1.    Business trends

2.1.2.    Product trends

2.1.3.    End-user trends

2.1.4.    Regional trends

Chapter 3.  Tallow Fatty Acids Industry Insights

3.1.  Industry segmentation

3.2.  Industry growth landscape, 2013 - 2024

3.3.  Industry ecosystem analysis

3.3.1.    Vendor matrix

3.3.2.    Distributor channel analysis

3.4.  Industry impact forces

3.4.1.    Growth drivers

3.4.1.1.    Strong product demand in manufacturing soaps & detergents

3.4.1.2.    Positive growth indicators in the rubber & plastic industry

3.4.2.    Industry pitfalls & challenges

3.4.2.1.    Increasing focus towards vegetable oil use over the product

3.5.  Growth potential analysis

3.6.  Regulatory trends

3.6.1.    U.S.

3.6.2.    Europe

3.6.3.    China

3.7.  Porter’s analysis

3.8.  Company market share analysis, 2016

3.8.1.    Strategy dashboard

3.8.2.    Patent landscape

3.9.  PESTEL analysis

3.10.  Regional price trends

3.10.1.   Cost structure analysis

3.10.2.   Raw material trends

Chapter 4.  Tallow Fatty Acids Market, By Product

4.1.  Tallow fatty acids market share by product, 2016 & 2024

4.2.  Saturated fatty acids

4.2.1.    Market estimates and forecasts, 2013 - 2024

4.2.2.    Market estimates and forecasts by region, 2013 – 2024

4.2.3.    Stearic acid

4.2.3.1.    Market estimates and forecasts, 2013 - 2024

4.2.3.2.    Market estimates and forecasts by region, 2013 – 2024

4.2.4.    Myristic acid

4.2.4.1.    Market estimates and forecasts, 2013 - 2024

4.2.4.2.    Market estimates and forecasts by region, 2013 – 2024

4.2.5.    Palmitic acid

4.2.5.1.    Market estimates and forecasts, 2013 - 2024

4.2.5.2.    Market estimates and forecasts by region, 2013 – 2024

4.3.  Monounsaturated fatty acids

4.3.1.    Market estimates and forecasts, 2013 - 2024

4.3.2.    Market estimates and forecasts by region, 2013 – 2024

4.4.  Polyunsaturated fatty acids

4.4.1.    Market estimates and forecasts, 2013 - 2024

4.4.2.    Market estimates and forecasts by region, 2013 – 2024

Chapter 5.  Tallow Fatty Acids Market, By End-user

5.1.  Tallow fatty acids market share by end-user, 2016 & 2024

5.2.  Soaps & detergents

5.2.1.    Market estimates and forecasts, 2013 - 2024

5.2.2.    Market estimates and forecasts by region, 2013 – 2024

5.3.  Rubber

5.3.1.    Market estimates and forecasts, 2013 - 2024

5.3.2.    Market estimates and forecasts by region, 2013 – 2024

5.4.  Plastics

5.4.1.    Market estimates and forecasts, 2013 - 2024

5.4.2.    Market estimates and forecasts by region, 2013 – 2024

5.5.  Personal care products

5.5.1.    Market estimates and forecasts, 2013 - 2024

5.5.2.    Market estimates and forecasts by region, 2013 – 2024

5.6.  Others

5.6.1.    Market estimates and forecasts, 2013 - 2024

5.6.2.    Market estimates and forecasts by region, 2013 – 2024

Chapter 6.  Tallow Fatty Acids Market, By Region

6.1.  Tallow fatty acids market share by region, 2016 & 2024

6.2.  North America

6.2.1.    North America market estimates and forecast, 2013 - 2024

6.2.2.    North America market estimates and forecasts by product, 2013 – 2024

6.2.3.    North America market estimates and forecasts by end-user, 2013 – 2024

6.2.4.    U.S.

6.2.4.1.    U.S market estimates and forecast, 2013 - 2024

6.2.4.2.    U.S. market estimates and forecasts by product, 2013 – 2024

6.2.4.3.    U.S. market estimates and forecasts by end-user, 2013 – 2024

6.2.5.    Canada

6.2.5.1.    Canada market estimates and forecast, 2013 - 2024

6.2.5.2.    Canada market estimates and forecasts by product, 2013 – 2024

6.2.5.3.    Canada market estimates and forecasts by end-user, 2013 – 2024

6.3.  Europe

6.3.1.    Europe market estimates and forecast, 2013 - 2024

6.3.2.    Europe market estimates and forecasts by product, 2013 – 2024

6.3.3.    Europe market estimates and forecasts by end-user, 2013 – 2024

6.3.4.    Germany

6.3.4.1.    Germany market estimates and forecast, 2013 – 2024

6.3.4.2.    Germany market estimates and forecasts by product, 2013 – 2024

6.3.4.3.    Germany market estimates and forecasts by end-user, 2013 – 2024

6.3.5.    UK

6.3.5.1.    UK market estimates and forecast, 2013 - 2024

6.3.5.2.    UK market estimates and forecasts by product, 2013 – 2024

6.3.5.3.    UK market estimates and forecasts by end-user, 2013 – 2024

6.3.6.    France

6.3.6.1.    France market estimates and forecast, 2013 - 2024

6.3.6.2.    France market estimates and forecasts by product, 2013 – 2024

6.3.6.3.    France market estimates and forecasts by end-user, 2013 – 2024

6.3.7.    Spain

6.3.7.1.    Spain market estimates and forecast, 2013 - 2024

6.3.7.2.    Spain market estimates and forecasts by product, 2013 – 2024

6.3.7.3.    Spain market estimates and forecasts by end-user, 2013 – 2024

6.3.8.    Italy

6.3.8.1.    Italy market estimates and forecast, 2013 - 2024

6.3.8.2.    Italy market estimates and forecasts by product, 2013 – 2024

6.3.8.3.    Italy market estimates and forecasts by end-user, 2013 – 2024

6.4.  Asia Pacific

6.4.1.    Asia Pacific market estimates and forecast, 2013 - 2024

6.4.2.    Asia Pacific market estimates and forecasts by product, 2013 – 2024

6.4.3.    Asia Pacific market estimates and forecasts by end-user, 2013 – 2024

6.4.4.    China

6.4.4.1.    China market estimates and forecast, 2013 - 2024

6.4.4.2.    China market estimates and forecasts by product, 2013 – 2024

6.4.4.3.    China market estimates and forecasts by end-user, 2013 – 2024

6.4.5.    India

6.4.5.1.    India market estimates and forecast, 2013 - 2024

6.4.5.2.    India market estimates and forecasts by product, 2013 – 2024

6.4.5.3.    India market estimates and forecasts by end-user, 2013 – 2024

6.4.6.    Japan

6.4.6.1.    Japan market estimates and forecast, 2013 - 2024

6.4.6.2.    Japan market estimates and forecasts by product, 2013 – 2024

6.4.6.3.    Japan market estimates and forecasts by end-user, 2013 – 2024

6.4.7.    Australia

6.4.7.1.    Australia market estimates and forecast, 2013 - 2024

6.4.7.2.    Australia market estimates and forecasts by product, 2013 – 2024

6.4.7.3.    Australia market estimates and forecasts by end-user, 2013 – 2024

6.4.8.    Indonesia

6.4.8.1.    Indonesia market estimates and forecast, 2013 - 2024

6.4.8.2.    Indonesia market estimates and forecasts by product, 2013 – 2024

6.4.8.3.    Indonesia market estimates and forecasts by end-user, 2013 – 2024

6.4.9.    Malaysia

6.4.9.1.    Malaysia market estimates and forecast, 2013 - 2024

6.4.9.2.    Malaysia market estimates and forecasts by product, 2013 – 2024

6.4.9.3.    Malaysia market estimates and forecasts by end-user, 2013 – 2024

6.5.  Latin America (LATAM)

6.5.1.    LATAM market estimates and forecast, 2013 - 2024

6.5.2.    LATAM market estimates and forecasts by product, 2013 – 2024

6.5.3.    LATAM Market estimates and forecasts by end-user, 2013 – 2024

6.5.4.    Brazil

6.5.4.1.    Brazil market estimates and forecast, 2013 - 2024

6.5.4.2.    Brazil market estimates and forecasts by product, 2013 – 2024

6.5.4.3.    Brazil market estimates and forecasts by end-user, 2013 – 2024

6.5.5.    Mexico

6.5.5.1.    Mexico market estimates and forecast, 2013 - 2024

6.5.5.2.    Mexico market estimates and forecasts by product, 2013 – 2024

6.5.5.3.    Mexico market estimates and forecasts by end-user, 2013 – 2024

6.6.  Middle East & Africa (MEA)

6.6.1.    MEA market estimates and forecast, 2013 - 2024

6.6.2.    MEA market estimates and forecasts by product, 2013 – 2024

6.6.3.    MEA market estimates and forecasts by end-user, 2013 – 2024

6.6.4.    South Africa

6.6.4.1.    South Africa market estimates and forecast, 2013 - 2024

6.6.4.2.    South Africa market estimates and forecasts by product, 2013 – 2024

6.6.4.3.    South Africa market estimates and forecasts by end-user, 2013 – 2024

6.6.5.    GCC

6.6.5.1.    GCC market estimates and forecast, 2013 - 2024

6.6.5.2.    GCC market estimates and forecasts by product, 2013 – 2024

6.6.5.3.    GCC market estimates and forecasts by end-user, 2013 – 2024

Chapter 7.  Company Profiles

7.1.  BASF SE

7.1.1.    Business Overview

7.1.2.    Financial Data

7.1.3.    Product Landscape

7.1.4.    Strategic Outlook

7.1.5.    SWOT Analysis

7.2.  AkzoNobel

7.2.1.    Business Overview

7.2.2.    Financial Data

7.2.3.    Product Landscape

7.2.4.    Strategic Outlook

7.2.5.    SWOT Analysis

7.3.  Twin Rivers Technologies

7.3.1.    Business Overview

7.3.2.    Financial Data

7.3.3.    Product Landscape

7.3.4.    Strategic Outlook

7.3.5.    SWOT Analysis

7.4.  VVF L.LC.

7.4.1.    Business Overview

7.4.2.    Financial Data

7.4.3.    Product Landscape

7.4.4.    Strategic Outlook

7.4.5.    SWOT Analysis

7.5.  Godrej Industries

7.5.1.    Business Overview

7.5.2.    Financial Data

7.5.3.    Product Landscape

7.5.4.    Strategic Outlook

7.5.5.    SWOT Analysis

7.6.  Vantage Oleochemicals, Inc.

7.6.1.    Business Overview

7.6.2.    Financial Data

7.6.3.    Product Landscape

7.6.4.    Strategic Outlook

7.6.5.    SWOT Analysis

7.7.  FerroMac International

7.7.1.    Business Overview

7.7.2.    Financial Data

7.7.3.    Product Landscape

7.7.4.    Strategic Outlook

7.7.5.    SWOT Analysis

7.8.  LG Household and Healthcare, Limited

7.8.1.    Business Overview

7.8.2.    Financial Data

7.8.3.    Product Landscape

7.8.4.    Strategic Outlook

7.8.5.    SWOT Analysis

7.9.  Emery Oleochemicals

7.9.1.    Business Overview

7.9.2.    Financial Data

7.9.3.    Product Landscape

7.9.4.    Strategic Outlook

7.9.5.    SWOT Analysis

7.10.       Chemol Company Inc.

7.10.1.   Business Overview

7.10.2.   Financial Data

7.10.3.   Product Landscape

7.10.4.   Strategic Outlook

7.10.5.   SWOT Analysis

7.11.       Colgate Palmolive

7.11.1.   Business Overview

7.11.2.   Financial Data

7.11.3.   Product Landscape

7.11.4.   Strategic Outlook

7.11.5.   SWOT Analysis

7.12.       Baerlocher GmbH

7.12.1.   Business Overview

7.12.2.   Financial Data

7.12.3.   Product Landscape

7.12.4.   Strategic Outlook

7.12.5.   SWOT Analysis

7.13.       Chemithon Enterprises

7.13.1.   Business Overview

7.13.2.   Financial Data

7.13.3.   Product Landscape

7.13.4.   Strategic Outlook

7.13.5.   SWOT Analysis

7.14.       Acme-Hardesty Co.

7.14.1.   Business Overview

7.14.2.   Financial Data

7.14.3.   Product Landscape

7.14.4.   Strategic Outlook

7.14.5.   SWOT Analysis

7.15.       H Foster & Co. Ltd.

7.15.1.   Business Overview

7.15.2.   Financial Data

7.15.3.   Product Landscape

7.15.4.   Strategic Outlook

7.15.5.   SWOT Analysis

Authors: Kiran Pulidindi, Kunal Ahuja

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Premium Report Details

Base Year: 2016

Companies covered: 15

Tables & Figures: 165

Countries covered: 17

Pages: 130

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