Tallow Fatty Acids Market
REPORT DESCRIPTION
Tallow Fatty Acids Market - Global Industry Analysis Size Share
Growth Trends and Forecast 2014 – 2020
Some of the prominent names operating in the global tallow fatty acids market are H Foster & Co.
Ltd., AkzoNobel N.V., BASF SE, Acme-Hardesty Co., Emery Oleochemicals, VVF LLC, Vantage
Specialty Chemicals, Inc., and Baerlocher GmbH.
A report by Transparency Market Research, forecasts the global tallow fatty acids market to rise at a
lackluster 2.3% CAGR from 2014 to 2020. As per the report, expanding at this rate, the market will
likely become worth US$2.74 bn by 2020-end from US$2.34 bn in 2013. Volume-wise, the market
was worth 1,484.3 kilo tons in 2013.
Browse Market Research Report @ http://www.transparencymarketresearch.com/tallow-fatty-
acids-market.html
Use in Formulating Soaps and Detergents Propel Monounsaturated Fatty Acids Segment
The different types of tallow fatty acids purveyed in the market are monounsaturated fatty acids,
saturated fatty acids, and polyunsaturated fatty acids. Of them, the monounsaturated fatty acids are
the dominant product segment and held more than 45% share in the market in 2013. This is because
monounsaturated fatty acids with C18 and C16 groups find widespread application in soaps and
detergents industries as well as in cosmetics industries for the production of various cleaning and
grooming products. Saturated fatty acids in which C18, C14, and C16 acid groups find application in
formulating rubber, lubricants, soaps, plastics, etc. trail the monounsaturated fatty acids in terms of
market share.
Geographically, the key regions in the global tallow fatty acids market are Europe, North America,
China, Rest of Asia Pacific excluding China, Latin America, and the Rest of the World. North America
and Europe, at present, are leading markets with tallow feedstock, which is mostly produced in these
regions, being widely used in manufacture of fatty acids. Tallow fatty acids account for a
comparatively lesser market share in Asia Pacific on account of the wide use of vegetable based fatty
acids, namely coconut oil and palm oil.
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