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Tall Oil Fatty Acid Market to grow at a CAGR over 4% by 2024.

04-11-2018 01:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insigh, Inc

Tall Oil Fatty Acid Market to grow at a CAGR over 4% by 2024.

Tall oil fatty acid market will be chiefly driven by products application as a corrosion inhibitor, lubricant and viscosity modifier in the oilfield sector. Growing petroleum demand in various industries such as aviation, automobile, etc. has led to a sharp increase in petroleum production in North America and Middle East. For instance, petroleum production per day increased by 3 million barrels from 2011 to 2015 in the U.S. Middle Eastern countries are also estimated to increase their petroleum production rates during the forecast years.

"Tall Oil Fatty Acid Market will likely surpass USD 1 billion by 2024 according to this new research report.”

The product is employed in the manufacturing of cleaners & detergents. Rapid increase in demand for cleaning products will augment the tall oil fatty acid market during the forecast years. Cleaning products industry is anticipated to grow by 5% CAGR till 2024 and its value is anticipated to cross USD 100 billion in that period. Industrial development coupled with awareness towards workplace and household cleanliness are the major factors driving the cleaning products industry and will in turn augment the tall oil fatty acid market.

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Availability of substitute products in Asia Pacific along with low awareness about the product in the region may pose challenges to the industry growth. Absence of standard quality raw materials in Asia Pacific may hinder the regional markets growth and will negatively impact the global tall oil fatty acid market.

Tall oil fatty acids market is segmented into three products namely oleic acid, linoleic acid, and other types including stearic acids, unsaponifiables, palmitic acids, and others. Oleic acid is anticipated to occupy a considerable share and this share will likely increase at a healthy rate during the forecast period due to its use in soaps, oil rigs and fuels. Linoleic acid segment is anticipated to grow by a CAGR of about 4.5%. This segment has a substantial share of global tall oil fatty acid market due to its usage in adhesives, paints, coatings, etc.

Tall oil fatty acid market application segmentation consists of dimer acids, alkyd resins, fatty acid esters, and other applications. Fatty acid esters application is anticipated to grow by about 4% CAGR in the forecast years. This segment will occupy about one fourth of the total market by 2024. Fatty acid esters find wide applications in personal care product manufacturing.

Browse key industry insights from the report, “Tall Oil Fatty Acid Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/tall-oil-fatty-acid-market

Soap & detergents, coatings, lubricants, plastics, fuel additives, metal working fluid are the major end-user segments of tall oil fatty acid market. Metal working fluids, fuel additives and lubricants are the most lucrative end-use industries. All these segments will likely grow with a CAGR above 4%. Coatings and plastics end-user segments are anticipated to register a combined revenue of around USD 350 million by the end of the forecast period.

Europe is anticipated to be a prominent tall oil fatty acid market as other organic fatty acids are not commonly found there. Europe is expected to occupy about one third of total market by 2024. North America had around 40% share of the total tall oil fatty acid market in 2015 and will continue to be an important region for the industry growth.

Global tall oil fatty acid market is extremely consolidated with Arizona Chemical Company, Lintech International, Forchem, Georgia Pacific, and Harima Chemicals occupying more than 70% of the total share. Other important players are Eastman Chemical, Florachem Corporation, Chemical Associates, Segezha Pulp and Paper Mill, Kraton Corporation, OOO Torgoviy Dom Lesokhimik, BASF SE, Shaxian Lixin Resin, Industrial Oleochemical Products, Pasand Speciality Chemical, and others.

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Tall oil fatty acid market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:
Tall Oil Fatty Acid Market by product
o Oleic acid
o Linoleic acid
o Others
Tall Oil Fatty Acid Market by Application
o Dimer acids
o Alkyd resins
o Fatty acid esters
o Others
Tall Oil Fatty Acid Market by End-User
o Soap & detergents
o Coatings
o Lubricants
o Plastics
o Fuel additives
o Metal working fluid
o Others
The above information is provided on a regional and country basis for the following:
o North America
§ U.S.
§ Canada
o Europe
§ Germany
§ UK
§ France
§ Spain
§ Italy
o Asia Pacific
§ China
§ India
§ Japan
§ Australia
§ Indonesia
§ Malaysia
o Latin America
§ Brazil
§ Mexico
o MEA
§ South Africa
§ GCC

Report Content
Chapter 7. Tall Oil Fatty Acid Market, By Region
7.1. Global tall oil fatty acid market share by region, 2016 & 2024
7.2. North America
7.2.1. North America market estimates and forecast, 2013 - 2024
7.2.2. North America market estimates and forecasts by product, 2013 – 2024
7.2.3. North America market estimates and forecasts by application, 2013 – 2024
7.2.4. North America market estimates and forecasts by end-user, 2013 – 2024
7.2.5. U.S.
7.2.5.1. U.S market estimates and forecast, 2013 - 2024
7.2.5.2. U.S. market estimates and forecasts by product, 2013 – 2024
7.2.5.3. U.S. market estimates and forecasts by application, 2013 – 2024
7.2.5.4. U.S. market estimates and forecasts by end-user, 2013 – 2024
7.2.6. Canada
7.2.6.1. Canada market estimates and forecast, 2013 - 2024
7.2.6.2. Canada market estimates and forecasts by product, 2013 – 2024
7.2.6.3. Canada market estimates and forecasts by application, 2013 – 2024
7.2.6.4. Canada market estimates and forecasts by end-user, 2013 – 2024
7.3. Europe
7.3.1. Europe market estimates and forecast, 2013 - 2024
7.3.2. Europe market estimates and forecasts by product, 2013 – 2024
7.3.3. Europe market estimates and forecasts by application, 2013 – 2024
7.3.4. Europe market estimates and forecasts by end-user, 2013 – 2024
7.3.5. Germany
7.3.5.1. Germany market estimates and forecast, 2013 – 2024
7.3.5.2. Germany market estimates and forecasts by product, 2013 – 2024
7.3.5.3. Germany market estimates and forecasts by application, 2013 – 2024
7.3.5.4. Germany market estimates and forecasts by end-user, 2013 – 2024
7.3.6. UK
7.3.6.1. UK market estimates and forecast, 2013 - 2024
7.3.6.2. UK market estimates and forecasts by product, 2013 – 2024
7.3.6.3. UK market estimates and forecasts by application, 2013 – 2024
7.3.6.4. UK market estimates and forecasts by end-user, 2013 – 2024
7.3.7. France
7.3.7.1. France market estimates and forecast, 2013 - 2024
7.3.7.2. France market estimates and forecasts by product, 2013 – 2024
7.3.7.3. France market estimates and forecasts by application, 2013 – 2024
7.3.7.4. France market estimates and forecasts by end-user, 2013 – 2024
7.3.8. Spain
7.3.8.1. Spain market estimates and forecast, 2013 - 2024
7.3.8.2. Spain market estimates and forecasts by product, 2013 – 2024
7.3.8.3. Spain market estimates and forecasts by application, 2013 – 2024
7.3.8.4. Spain market estimates and forecasts by end-user, 2013 – 2024
7.3.9. Italy
7.3.9.1. Italy market estimates and forecast, 2013 - 2024
7.3.9.2. Italy market estimates and forecasts by product, 2013 – 2024
7.3.9.3. Italy market estimates and forecasts by application, 2013 – 2024
7.3.9.4. Italy market estimates and forecasts by end-user, 2013 – 2024
7.4. Asia Pacific
7.4.1. Asia Pacific market estimates and forecast, 2013 - 2024
7.4.2. Asia Pacific market estimates and forecasts by product, 2013 – 2024
7.4.3. Asia Pacific market estimates and forecasts by application, 2013 – 2024
7.4.4. Asia Pacific market estimates and forecasts by end-user, 2013 – 2024
7.4.5. China
7.4.5.1. China market estimates and forecast, 2013 - 2024
7.4.5.2. China market estimates and forecasts by product, 2013 – 2024
7.4.5.3. China market estimates and forecasts by application, 2013 – 2024
7.4.5.4. China market estimates and forecasts by end-user, 2013 – 2024
7.4.6. India
7.4.6.1. India market estimates and forecast, 2013 - 2024
7.4.6.2. India market estimates and forecasts by product, 2013 – 2024
7.4.6.3. India market estimates and forecasts by application, 2013 – 2024
7.4.6.4. India market estimates and forecasts by end-user, 2013 – 2024
7.4.7. Japan
7.4.7.1. Japan market estimates and forecast, 2013 - 2024
7.4.7.2. Japan market estimates and forecasts by product, 2013 – 2024
7.4.7.3. Japan market estimates and forecasts by application, 2013 – 2024
7.4.7.4. Japan market estimates and forecasts by end-user, 2013 – 2024
7.4.8. Australia
7.4.8.1. Australia market estimates and forecast, 2013 - 2024
7.4.8.2. Australia market estimates and forecasts by product, 2013 – 2024
7.4.8.3. Australia market estimates and forecasts by application, 2013 – 2024
7.4.8.4. Australia market estimates and forecasts by application, 2013 – 2024
7.4.9. Indonesia
7.4.9.1. Indonesia market estimates and forecast, 2013 - 2024
7.4.9.2. Indonesia market estimates and forecasts by product, 2013 – 2024
7.4.9.3. Indonesia market estimates and forecasts by application, 2013 – 2024
7.4.9.4. Indonesia market estimates and forecasts by end-user, 2013 – 2024
7.4.10. Malaysia
7.4.10.1. Malaysia market estimates and forecast, 2013 - 2024
7.4.10.2. Malaysia market estimates and forecasts by product, 2013 – 2024
7.4.10.3. Malaysia market estimates and forecasts by application, 2013 – 2024
7.4.10.4. Malaysia market estimates and forecasts by end-user, 2013 – 2024
7.5. Latin America (LATAM)
7.5.1. LATAM market estimates and forecast, 2013 - 2024
7.5.2. LATAM market estimates and forecasts by product, 2013 – 2024
7.5.3. LATAM Market estimates and forecasts by application, 2013 – 2024
7.5.4. LATAM Market estimates and forecasts by end-user, 2013 – 2024
7.5.5. Brazil
7.5.5.1. Brazil market estimates and forecast, 2013 - 2024
7.5.5.2. Brazil market estimates and forecasts by product, 2013 – 2024
7.5.5.3. Brazil market estimates and forecasts by application, 2013 – 2024
7.5.5.4. Brazil market estimates and forecasts by end-user, 2013 – 2024
7.5.6. Mexico
7.5.6.1. Mexico market estimates and forecast, 2013 - 2024
7.5.6.2. Mexico market estimates and forecasts by product, 2013 – 2024
7.5.6.3. Mexico market estimates and forecasts by application, 2013 – 2024
7.5.6.4. Mexico market estimates and forecasts by end-user, 2013 – 2024
7.6. Middle East & Africa (MEA)
7.6.1. MEA market estimates and forecast, 2013 - 2024
7.6.2. MEA market estimates and forecasts by product, 2013 – 2024
7.6.3. MEA market estimates and forecasts by application, 2013 – 2024
7.6.4. MEA market estimates and forecasts by end-user, 2013 – 2024
7.6.5. South Africa
7.6.5.1. South Africa market estimates and forecast, 2013 - 2024
7.6.5.2. South Africa market estimates and forecasts by product, 2013 – 2024
7.6.5.3. South Africa market estimates and forecasts by application, 2013 – 2024
7.6.5.4. South Africa market estimates and forecasts by end-user, 2013 – 2024
7.6.6. GCC
7.6.6.1. GCC market estimates and forecast, 2013 - 2024
7.6.6.2. GCC market estimates and forecasts by product, 2013 – 2024
7.6.6.3. GCC market estimates and forecasts by application, 2013 – 2024
7.6.6.4. GCC market estimates and forecasts by end-user 2013 – 2024
Chapter 8. Company Profiles
8.1. Eastman Chemical Company
8.1.1. Business overview
8.1.2. Financial data
8.1.3. Product landscape
8.1.4. Strategic outlook
8.2. Arizona Chemical Company LLC
8.2.1. Business overview
8.2.2. Financial data
8.2.3. Product landscape
8.2.4. Strategic outlook
8.3. Chemical Associates Inc.
8.3.1. Business overview
8.3.2. Financial data
8.3.3. Product landscape
8.3.4. Strategic outlook
8.4. Georgia-Pacific Chemicals LLC
8.4.1. Business overview
8.4.2. Financial data
8.4.3. Product landscape
8.4.4. Strategic outlook
8.5. Florachem Corporation
8.5.1. Business overview
8.5.2. Financial data
8.5.3. Product landscape
8.5.4. Strategic outlook
8.6. Lintech International LLC
8.6.1. Business overview
8.6.2. Financial data
8.6.3. Product landscape
8.6.4. Strategic outlook
8.7. Harima Chemicals Group, Inc.
8.7.1. Business overview
8.7.2. Financial data
8.7.3. Product landscape
8.7.4. Strategic outlook
8.8. Forchem Oy
8.8.1. Business overview
8.8.2. Financial data
8.8.3. Product landscape
8.8.4. Strategic outlook
8.9. Segezha Pulp and Paper Mill
8.9.1. Business overview
8.9.2. Financial data
8.9.3. Product landscape
8.9.4. Strategic outlook
8.10. OOO Torgoviy Dom Lesokhimik
8.10.1. Business overview
8.10.2. Financial data
8.10.3. Product landscape
8.10.4. Strategic outlook
8.11. Kraton Corporation
8.11.1. Business overview
8.11.2. Financial data
8.11.3. Product landscape
8.11.4. Strategic outlook
8.12. BASF SE
8.12.1. Business overview
8.12.2. Financial data
8.12.3. Product landscape
8.12.4. Strategic outlook
8.13. Industrial Oleochemical Products
8.13.1. Business overview
8.13.2. Financial data
8.13.3. Product landscape
8.13.4. Strategic outlook
8.14. Shaxian Lixin Resin Co. Ltd.
8.14.1. Business overview
8.14.2. Financial data
8.14.3. Product landscape
8.14.4. Strategic outlook
8.15. Pasand Speciality Chemical
8.15.1. Business overview
8.15.2. Financial data
8.15.3. Product landscape
8.15.4. Strategic outlook

Browse full Table of Content @ https://www.gminsights.com/toc/detail/tall-oil-fatty-acid-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology

Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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