Distilled Fatty Acids Market Analysis

  • Report ID: 3941
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Distilled Fatty Acids Segmentation

The global distilled fatty acids market is segmented and analyzed for demand and supply by source into palm, coconut, rapeseed, soybean, and others. Out of which, the palm segment is anticipated to hold the largest market revenue by the end of 2036. The growth of this segment can be attributed to rising demand for palm as the primary raw material for industrial applications given to its availability in abundance. For instance, in Malaysia, oil palm was planted on about 4 million hectares of land in 2021. After Indonesia, Malaysia is the second-largest producer of palm oil in the world. Also, palm oil is chosen over other vegetable oils including soybean, canola, and sunflower since it produces oleochemicals with the largest percentage yield and is similarly effective in this regard. However, soybean segment is anticipated to grow at a highest CAGR of 7.5% over the forecast period.

The global distilled fatty acids market is also segmented and analyzed for demand and supply by application into cosmetics, plastics & polymers, lubricants, paints & coatings, soaps & detergents, and others. Amongst these segments, the soaps & detergents segment is anticipated to generate the largest revenue by the end of 2037. However, the cosmetics segment is estimated to grow at a highest CAGR of 7.8% over the forecast period, backed by growing people’s concern for skin health. Additionally, a surge in incidence of skin cancer and other skin illnesses, as well as increased knowledge of the damaging effects of UV radiation on skin is also estimated to boost the segment growth. Further, the majority of cosmetic industries are using natural ingredients obtained from plants in the production of their cosmetics products. Hence, it is predicted that this would encourage the use of distilled fatty acids derived from vegetable oils in cosmetics.

Our in-depth analysis of the global distilled fatty acids market includes the following segments:

           By Source

  • Palm
  • Coconut
  • Rapeseed
  • Soybean
  • Others

            By Application

  • Cosmetics
  • Plastics & Polymers
  • Lubricants
  • Paints & Coatings
  • Soaps & Detergents
  • Others

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of distilled fatty acids is assessed at USD 22.57 billion.

The distilled fatty acids market size was over USD 20.27 billion in 2024 and is projected to reach USD 48.26 billion by 2037, growing at around 6.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by upsurge in water supply, rise in construction activities, growing automotive production, and others.

Asia Pacific industry is set to hold largest revenue share of 37% by 2037, driven by its growing use in sectors such as lubricants, detergents, soaps, paints & coatings, and personal care products, along with surge in government programmes and regulations to entice capital from several multinational businesses.

The major players in the market are KLK OLEO, Wilmar International Ltd., Oleon NV, Lascaray SA, Mateos, S.L., Emery Oleochemicals, Cremer North America, LP, INTERFAT SAU, Cargill, Inc., Vantage Specialty Chemicals
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