Fatty Acid Methyl Ester Market to Achieve 5.1% CAGR Oct 2016 | Page 3

Fatty Acid Methyl Ester Market: Global Forecasts to 2021 “Asia-Pacific: The fastest-growing regional market for fatty acid methyl ester” The Asia-Pacific fatty acid methyl ester market is the fastest-growing market. The Asia-Pacific FAME market is in a relatively nascent; however, it has huge growth potential in India, China, and Japan. These nations are among the largest consumers of oil fuels and 70% to 85% of their fuel requirement is dependent upon imports. The rising need for fuel security is has led to these economies searching for alternative fuels. Governmental rural welfare programs, which encourage community and small-scale biodiesel production projects in countries such as India and the need to reduce Greenhouse Gas (GHG) emissions, are expected to drive the Asia-pacific fatty acid methyl ester market. Breakdown of profile of primary participants:  By Company Type: Tier 1 – 11%, Tier 2 – 33%, and Tier 3 - 56%  By Designation: Director Level - 10%, C Level - 20% Others – 70%  By Region: Europe – 33% North America - 25%, Asia-Pacific - 25%, RoW - 17% © RnRMarketResearch.com ; [email protected]