Fatty Acid Methyl Ester Market Forecasted to Grow at a CAGR of 5.1% by 2021


Posted October 25, 2016 by Rohini

Fatty Acid Methyl Ester Market is projected to reach USD 22.13 billion by 2021, from USD 16.52 billion in 2015, registering a CAGR of 5.1% between 2016 and 2021

 
The main reasons for the growth of this market are the increasing use of this fatty acid methyl ester due to its environmental friendly nature and increasing usage of biodiesel in the various regions.
Complete report on Fatty Acid Methyl Ester Market spread across 154 pages, profiling 10 companies and supported with 106 tables and 53 figures is now available at
http://www.rnrmarketresearch.com/fatty-acid-methyl-ester-market-by-type-soya-methyl-ester-rapeseed-methyl-ester-palm-oil-methyl-ester-others-application-fuels-lubricants-coatings-food-agriculture-metal-working-fluids-others-region-st-to-2021-market-report.html
Rapeseed methyl ester segment was the largest type segment of the global fatty acid methyl ester market in 2015. Rapeseed oil is the largest source of fatty acid methyl ester feedstock in the world, with more than 1.5 million gallons of biodiesel produced from rapeseed globally in 2009. Rapeseed has better oil content than other types of raw materials of fatty acid methyl ester. Other type includes soy methyl ester, palm oil methyl ester and so on.
Fuels are the largest application segment of the global fatty acid methyl ester market, having accounted for the largest market share in 2015. This large share can be attributed to the high usage of fatty acid methyl ester for biodiesel production due to strict environmental rules and regulations and government intervention. Lubricants and coatings are the other key applications of fatty acid methyl ester market.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (11%); Tier 2 (33%) and others (56%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (20%), Directors Level (10%) and other (70%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (25%), Europe (33%), Asia-Pacific (25%), and Row (17%).

As a part of qualitative analysis, the report provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, such as Wilmar International Limited (Singapore), Cargill Inc. (U.S.), KLK Oleo (Malaysia), ADM Company (U.S.), Emery Oleo chemicals (Malaysia), BASF SE (Germany), and others.
Ask for a discount before order a copy of Fatty Acid Methyl Ester Market by Type (Soya Methyl Ester, Rapeseed Methyl Ester, Palm Oil Methyl Ester & Others), Application (Fuels, Lubricants, Coatings, Food & Agriculture, Metal Working Fluids & Others), Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) - Global Forecast to 2021 at
http://www.rnrmarketresearch.com/contacts/discount?rname=722694
On a related note, another research titled with Levulinic Acid Market by Application (Plasticizers, Pharmaceuticals & Cosmetics), Technology (Acid Hydrolysis, Biofine), and Region (North America, Europe, Asia-Pacific and Rest of the World) - Global Forecast to 2021. The levulinic acid market is projected to reach USD 32.5 million by 2021, at a CAGR of 14.0% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/levulinic-acid-market-by-application-plasticizers-pharmaceuticals-cosmetics-technology-acid-hydrolysis-biofine-and-region-north-america-europe-asia-pacific-and-rest-of-the-world-global-forecast-to-2021-market-report.html
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Issued By Rohini
Country India
Categories Free , Marketing
Last Updated October 25, 2016