The fatty acid methyl ester is produced by a trans-esterification process of methanol and fatty acids. The product can be extracted from various botanical sources such as rapeseed, palm oil, vegetable oil, and soya beans. Rapeseed is the most preferred plant for extracting fatty acid methyl ester due to adequate oil content compared to other botanical sources. The Fatty Acid Methyl Ester Market is predicted to grow at the rate of 5.40 CAGR by 2026. The fatty acid methyl ester is mainly used as diesel compared to standard diesel due to its outstanding properties such as low toxics emissions. These are readily biodegradable and, therefore, less harmful to the environment. They help control environmental issues such as global warming. The properties mentioned above and fatty acid methyl ester applications are projected to be key factors that compel the forecast period's market growth. Somehow, the minimum availability of all types of raw materials is expected to hinder the fatty acid methyl ester market growth.
Global Fatty Acid Methyl Ester Market as per the Type
• Rapeseed methyl ester
• Soy methyl ester
• Palm oil methyl ester
• Others
Global Fatty Acid Methyl Ester Market as per the Application
• Fuels
• Lubricants
• Coatings
• Metal Working Fluids
• Food & Agriculture
• Others
Global Fatty Acid Methyl Ester Market as per the Geography
• North America
• Europe
• Asia Pacific
• Rest of the World
According to the fatty acid methyl ester market based on product, the market is divided into glyceryl monostearate, medium-chain triglycerides, polyol esters, glycol esters, isopropyl palmitate, and sucrose esters. The medium-chain triglycerides have the largest share in the market due to the expanding food industry. The medium-chain triglycerides are used in the food as a thickening agent. Moreover, medium-chain triglycerides are considered to have many health benefits.
Based on application, the market is segmented among lubricants & fuels, surfactants & detergents, personal care & cosmetics, and food and pharmaceutical. The lubricants and fuels segment is expected to have a lucrative share in the fatty acid methyl ester market. This is due to the extensive application in automotive, stationary power generators, machinery such as farm equipment, construction equipment, and mining equipment. Moreover, the increasing awareness about bio-diesel in the automotive and transportation industries due to the growing requirement to boost security and environment conservation also supports market growth in this segment.
As per the geography, the regions are segregated into North America, Europe, Asia Pacific, and the Rest of the World. North America is projected to hold the highest share in the fatty acid methyl ester market. The largest market share of North America is ascribed to the increasing requirement of personal care products, government initiatives for the usage of bio-diesel in North America to tackle global warming.
The fatty acid methyl ester is worldwide used as fuels in vehicles, in machines (construction, mining, and farming), stationary power generators, personal care products, as lubricants, in pharmaceuticals, as food additives, and as carriers for fertilizers and pesticides. Furthermore, it is broadly used in food products as a thickening and emulsifying agent. Expanding the food industry around the world is anticipated to augment global market growth.
Major players operating in the fatty acid methyl ester market are Archer Daniels Midland Company, Emery Oleochemicals Group, Longyan Zhuoyue New Energy Co. Ltd., Wilmar International Limited, Alnor Oil Co. Inc, Avantor Performance Materials, Eastman Chemical Company, FUSHIMI Pharmaceutical Co., Berg Schmidt, Velsicol Chemical LLC, and Smart Chemicals Group Co.
Therefore, the fatty acid methyl ester chemical has a prominent role in the automotive industry as a lubricant and fuel. Moreover, the fatty acid methyl ester's eco-friendly characteristic is majorly fueling the application in many industries such as fuel, supporting in battling global warming.
• This report defines the segmentation of the market in terms of product, application, and geography.
• This study evaluates the fatty acid methyl ester market on the basis of quantitative and qualitative analysis.
• This report identifies and analyzes the major factors such as propellants, restraints, opportunities, and challenges impacting the fatty acid methyl ester market.
• This report also provides the key competitors' profiles and their progressive strategies, such as the latest developments in products, joint ventures, mergers & acquisitions, and alliances.
Table of Contents
1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Type: Market Size & Analysis
5.1. Overview
5.2. Rapeseed methyl ester
5.3. Soy methyl ester
5.4. Palm oil methyl ester
5.5. Others
6. Application: Market Size & Analysis
6.1. Overview
6.2. Fuels
6.3. Lubricants
6.4. Coatings
6.5. Metal Working Fluids
6.6. Food & Agriculture
6.7. Others
7. Geography: Market Size & Analysis
7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia Pacific
7.5. Rest of the World
8. Competitive Landscape
8.1. Competitor Comparison Analysis
8.2. Market Developments
8.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
8.2.2. Product Launches and execution
9. Vendor Profiles
9.1. Archer Daniels Midland Company
9.1.1. Overview
9.1.2. Financial Overview
9.1.3. Product Offerings
9.1.4. Developments
9.1.5. Business Strategy
9.2. Emery Oleochemicals Group
9.2.1. Overview
9.2.2. Financial Overview
9.2.3. Product Offerings
9.2.4. Developments
9.2.5. Business Strategy
9.3. Longyan Zhuoyue New Energy Co. Ltd.
9.3.1. Overview
9.3.2. Financial Overview
9.3.3. Product Offerings
9.3.4. Developments
9.3.5. Business Strategy
9.4. Wilmar International Limited
9.4.1. Overview
9.4.2. Financial Overview
9.4.3. Product Offerings
9.4.4. Developments
9.4.5. Business Strategy
9.5. Alnor Oil Co. Inc
9.5.1. Overview
9.5.2. Financial Overview
9.5.3. Product Offerings
9.5.4. Developments
9.5.5. Business Strategy
9.6. Avantor Performance Materials
9.6.1. Overview
9.6.2. Financial Overview
9.6.3. Product Offerings
9.6.4. Developments
9.6.5. Business Strategy
9.7. Eastman Chemical Company
9.7.1. Overview
9.7.2. Financial Overview
9.7.3. Product Offerings
9.7.4. Developments
9.7.5. Business Strategy
9.8. FUSHIMI Pharmaceutical Co.
9.8.1. Overview
9.8.2. Financial Overview
9.8.3. Product Offerings
9.8.4. Developments
9.8.5. Business Strategy
9.9. Berg Schmidt
9.9.1. Overview
9.9.2. Financial Overview
9.9.3. Product Offerings
9.9.4. Developments
9.9.5. Business Strategy
9.10. Velsicol Chemical LLC
9.10.1. Overview
9.10.2. Financial Overview
9.10.3. Product Offerings
9.10.4. Developments
9.10.5. Business Strategy
10. Companies to Watch
10.1. Smart Chemicals Group Co.
10.1.1. Overview
10.1.2. Products & Services
10.1.3. Business Strategy
11. Analyst Opinion
12. Annexure
12.1. Report Scope
12.2. Market Definitions
12.3. Research Methodology
12.3.1. Data Collation and In-house Estimation
12.3.2. Market Triangulation
12.3.3. Forecasting
12.4. Report Assumptions
12.5. Declarations
12.6. Stakeholders
12.7. Abbreviations
Tables
TABLE 1. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 2. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR RAPESEED METHYL ESTER, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 3. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR SOY METHYL ESTER, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 4. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR PALM OIL METHYL ESTER, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 5. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 6. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 7. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR FUELS, 2020-2026 (USD BILLION)
TABLE 8. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR LUBRICANTS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 9. GLOBAL FATTY ACID METHYL ESTERMARKET VALUE FOR COATINGS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 10. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR METAL WORKING FLUIDS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 11. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR FOOD & AGRICULTURE, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 12. GLOBAL FATTY ACID METHYL ESTER MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2020-2026 (USD BILLION)
TABLE 13. NORTH AMERICA FATTY ACID METHYL ESTER MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 14. NORTH AMERICA FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 15. NORTH AMERICA FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 16. U.S FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 17. U.S FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 18. CANADA FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 19. CANADA FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 20. EUROPE FATTY ACID METHYL ESTER MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 21. EUROPE FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 22. EUROPE FATTY ACID METHYL ESTER MARKET VALUE, APPLICATION, 2020-2026 (USD BILLION)
TABLE 23. GERMANY FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 24. GERMANY FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 25. U.K FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 26. U.K FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 27. FRANCE FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 28. FRANCE FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 29. ITALY FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 30. ITALY FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 31. SPAIN FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 32. SPAIN FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 33. ROE FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 34. ROE FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 35. ASIA PACIFIC FATTY ACID METHYL ESTER MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)
TABLE 36. ASIA PACIFIC FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 37. ASIA PACIFIC FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 38. CHINA FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 39. CHINA FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 40. INDIA FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 41. INDIA FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 42. JAPAN FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 43. JAPAN FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 44. REST OF APAC FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 45. REST OF APAC FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 46. REST OF WORLD FATTY ACID METHYL ESTER MARKET VALUE, BY TYPE, 2020-2026 (USD BILLION)
TABLE 47. REST OF WORLD FATTY ACID METHYL ESTER MARKET VALUE, BY APPLICATION, 2020-2026 (USD BILLION)
TABLE 48. ARCHER DANIELS MIDLAND COMPANY: FINANCIALS
TABLE 49. ARCHER DANIELS MIDLAND COMPANY: TYPES & SERVICES
TABLE 50. ARCHER DANIELS MIDLAND COMPANY: RECENT DEVELOPMENTS
TABLE 51. EMERY OLEOCHEMICALS GROUP: FINANCIALS
TABLE 52. EMERY OLEOCHEMICALS GROUP: TYPES & SERVICES
TABLE 53. EMERY OLEOCHEMICALS GROUP: RECENT DEVELOPMENTS
TABLE 54. LONGYAN ZHUOYUE NEW ENERGY CO. LTD: FINANCIALS
TABLE 55. LONGYAN ZHUOYUE NEW ENERGY CO. LTD: TYPES & SERVICES
TABLE 56. LONGYAN ZHUOYUE NEW ENERGY CO. LTD: RECENT DEVELOPMENTS
TABLE 57. WILMAR INTERNATIONAL LIMITED: FINANCIALS
TABLE 58. WILMAR INTERNATIONAL LIMITED: TYPES & SERVICES
TABLE 59. WILMAR INTERNATIONAL LIMITED: RECENT DEVELOPMENTS
TABLE 60. ALNOR OIL CO. INC: FINANCIALS
TABLE 61. ALNOR OIL CO. INC: TYPES & SERVICES
TABLE 62. ALNOR OIL CO. INC: RECENT DEVELOPMENTS
TABLE 63. AVANTOR PERFORMANCE MATERIALS: FINANCIALS
TABLE 64. AVANTOR PERFORMANCE MATERIALS: TYPES & SERVICES
TABLE 65. AVANTOR PERFORMANCE MATERIALS: RECENT DEVELOPMENTS
TABLE 66. EASTMAN CHEMICAL COMPANY: FINANCIALS
TABLE 67. EASTMAN CHEMICAL COMPANY: TYPES & SERVICES
TABLE 68. EASTMAN CHEMICAL COMPANY: RECENT DEVELOPMENTS
TABLE 69. FUSHIMI PHARMACEUTICAL CO: FINANCIALS
TABLE 70. FUSHIMI PHARMACEUTICAL CO: TYPES & SERVICES
TABLE 71. FUSHIMI PHARMACEUTICAL CO: RECENT DEVELOPMENTS
TABLE 72. BERG SCHMIDT: FINANCIALS
TABLE 73. BERG SCHMIDT: TYPES & SERVICES
TABLE 74. BERG SCHMIDT: RECENT DEVELOPMENTS
TABLE 75. VELSICOL CHEMICAL LLC: FINANCIALS
TABLE 76. VELSICOL CHEMICAL LLC: TYPES & SERVICES
TABLE 77. VELSICOL CHEMICAL LLC: RECENT DEVELOPMENTS
TABLE 78. SMART CHEMICALS GROUP CO: TYPES & SERVICES

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