The Fatty Acid Ester Market had a value of more than $ 1830 million in 2014. The market is categorized by rising requirement of low calorie natural food ingredient to encourage loss of weight and stick to changing appearance & beauty perceptions. The way is paved by the advancement of technology for better sustainable and efficient production of fatty acid esters.
This is due to sunflower & other vegetable oils, developing fatty outline of canola, launching of crops with high yield, and genetic engineering. Many lotions and creams for hair, skin, and newborn concern have fatty acid esters as safe substitute for skin, sustainable replacement for noxious artificial ingredients and chemicals.
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Surfactants, industrial lubricants, and detergents also have fatty acid esters due to their stability, hydrolytic stability, viscosity, lubricity, and biodegradability. Consumers and industries use these detergents similarly due to foaming, cleansing, stabile, and moisturizing qualities. The major market for esters is in nations like India, U.S., Brazil, and China. This is as they have high adoption rate especially in foods to fight back increasing obesity level. Obesity level in U.S. had touched 34% and overweight more than 69% in 2014.
The market is divided into products, applications, and regions. Product categories are glycerol monostearate, medium chain triglycerides, isopropyl esters, and others like sucrose, emollient, and polyol esters. GMS was extensively used for other frozen foods & ice-creams. GMS market value was approximately USD 727.7 million in 2014. MCT materialized as the best rising sector at CAGR 5.3% in terms of volume in 2014.
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Chief fatty acid esters applications are personal care and cosmetics, surfactants & detergents, lubricants, pharmaceuticals, food processing, and others like drug delivery, adhesives, coatings, & construction. Personal care and cosmetics segment was the major application sector and had more than 34% of the global volume in 2014. Food processing sector is estimated tremendous growth openings over the future, due to fatty acid esters utilization as stabilizers & emulsifiers in different processed food.
Region wise the market includes North America, Asia Pacific, Europe, Middle East & Africa, and Central & South America. North America had the biggest market at more than 36% revenue in 2014 globally. Asia Pacific is estimated at CAGR 5.3% volume globally.
The chief companies are Cargill, Procter & Gamble Chemicals, DuPont, Fine Organics, Estelle Chemicals, The Seydel Companies, World Chem Industries, KLK Oleo, and Stepan Company.
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