Skip to main content

Tallow Fatty Acids Market is Expected to Reach US$ 2.74 Bn in 2020


Transparency Market Research has published a new report titled “Tallow Fatty Acids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”. According to the report, the global tallow fatty acids market was valued at US$ 2.34 Bn in 2013 and is anticipated to reach US$ 2.74 Bn in 2020, expanding at a CAGR of 2.3% between 2014 and 2020. In terms of volume, the market stood at 1,484.3 kilo tons in 2013.

Demand for tallow fatty acids was the largest from the soaps & detergents segment in 2013. Demand for tallow fatty acids is primarily generated by the cleaning & detergents market. The cleaning products industry is expanding significantly across the globe. The industry is examining the environmental impact and “green focus” of cleaning products to meet the environmental challenge. The global cleaning products market offers products that are application-specific and focused on social and environment safety. End-users include manufacturing, food and beverages, healthcare, retail, and other commercial industries.


The market for soaps & detergents in Asia Pacific and South America is likely to expand significantly due to the changing lifestyle of people and growing modernization. This segment was followed by the plastics end-user segment in 2013. Demand for tallow based fatty acids is estimated to rise in the next few years, due to increasing demand for plastics in end-user industries such as building & construction and packaging.

Rising demand for soaps & detergents is projected to be the major factor driving the demand for tallow fatty acids in the near future. Additionally, increasing usage of tallow fatty acids in rubber and plastics industries is anticipated to contribute towards growth of the market. However, changing preference of manufacturers from animal based raw materials to vegetable based raw materials is likely to slow down market growth. Rising usage of tallow fatty acids in other emerging end-users such as pharmaceuticals and personal care products is estimated to provide new opportunities for the growth of the market. 

Browse The Full Report at:    

Monounsaturated fatty acids formed the largest product segment of the tallow fatty acids market in 2013 and accounted for over 45% of the market share in the same year. Monounsaturated fatty acids with C18 and C16 groups are widely used in the soaps & detergents and cosmetics industries for the manufacture of a number of cleaning and grooming products. The segment was followed by saturated fatty acids where C18, C14, and C16 acid groups are used in lubricants, soaps, rubber, plastics and other end-users. Stearin, palmitin, and olein are three most important fatty acid esters used in the production of soaps.

The market has been segmented as follows:
Tallow Fatty Acids Market - Product Segment Analysis
  • Saturated Fatty Acids
    • Stearic Acid
    • Palmitic Acid
    • Myristic Acid
  • Monounsaturated Fatty Acids
  • Polyunsaturated Fatty Acids
Tallow Fatty Acids Market - Application Analysis 
  • Soaps & Detergents
  • Rubber
  • Plastics
  • Personal Care Products
  • Others (Including Food and Lubricants)
This review is based on Transparency Market Research’s report, titled “Tallow Fatty Acids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”

Comments

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a...

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry ...

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid proto...