Tallow Fatty Acids Market
REPORT DESCRIPTION
Tallow
Fatty
Acids (Saturated,
Polyunsaturated,
and
Monounsaturated) Market for Soaps & Detergents, Rubber, Plastics,
Personal Care Products, and Other End-users - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 - 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.
Request Sample Pages of Premium Research Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4527
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
2
Transparency Market Research