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Palmitic acid is a saturated fatty acid commonly found in both animals and plants. It is a major component in the oils from palm trees, such as palm oil, palm kernel oil and coconut oil.
Scope of the Report:
Palmitic acid, a kind of fatty acid, derived from palm oil. It is a major component in the oils from palm trees. Applications of palmitic acid include soap & detergent, cosmetics, grease & lubricant, etc. Among those applications, soap & detergent accounts for the largest market share, which was about 49.99% in 2016.
The palmitic acid industry production is mainly concentrated in Asian region, such as Malaysia, Indonesia, China and so on. The largest producing region is Southeast Asia, which produced 135373 MT in 2016. The follower is China, holding 18.50% production share. Global production of palmitic acid increased from 166874 MT in 2012 to 202653 MT in 2016.
As for consumption, Europe is the largest consumer with about 33.51% share in 2016. The second consumer is China, consuming 57456 MT in the same year.
The palmitic acid industry has close relationship with the palm oil industry. Due to its low profit, some companies engaged in the palm oil industry have given up the business. In China, there are just a few suppliers.
The worldwide market for Palmitic Acid is expected to grow at a CAGR of roughly 2.4% over the next five years, will reach 240 million US$ in 2024, from 210 million US$ in 2019, according to a new study.
This report focuses on the Palmitic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Wilmar International
KLK Oleo
IOI Oleochemical
PT Sumi Asih Oleochemical
PT.Cisadane Raya Chemicals
Shuangma Chemical
VVF
Pacific Oleo
Twin Rivers Technologies
PT. Musim Mas
Cailà & Parés
PMC Group
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Distilled Type
Fractionated Type
Market Segment by Applications, can be divided into
Soap & Detergent
Cosmetics
Grease & Lubricant
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Palmitic Acid product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Palmitic Acid, with price, sales, revenue and global market share of Palmitic Acid in 2017 and 2018.
Chapter 3, the Palmitic Acid competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Palmitic Acid breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Palmitic Acid market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Palmitic Acid sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Scope of the Report:
Palmitic acid, a kind of fatty acid, derived from palm oil. It is a major component in the oils from palm trees. Applications of palmitic acid include soap & detergent, cosmetics, grease & lubricant, etc. Among those applications, soap & detergent accounts for the largest market share, which was about 49.99% in 2016.
The palmitic acid industry production is mainly concentrated in Asian region, such as Malaysia, Indonesia, China and so on. The largest producing region is Southeast Asia, which produced 135373 MT in 2016. The follower is China, holding 18.50% production share. Global production of palmitic acid increased from 166874 MT in 2012 to 202653 MT in 2016.
As for consumption, Europe is the largest consumer with about 33.51% share in 2016. The second consumer is China, consuming 57456 MT in the same year.
The palmitic acid industry has close relationship with the palm oil industry. Due to its low profit, some companies engaged in the palm oil industry have given up the business. In China, there are just a few suppliers.
The worldwide market for Palmitic Acid is expected to grow at a CAGR of roughly 2.4% over the next five years, will reach 240 million US$ in 2024, from 210 million US$ in 2019, according to a new study.
This report focuses on the Palmitic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Wilmar International
KLK Oleo
IOI Oleochemical
PT Sumi Asih Oleochemical
PT.Cisadane Raya Chemicals
Shuangma Chemical
VVF
Pacific Oleo
Twin Rivers Technologies
PT. Musim Mas
Cailà & Parés
PMC Group
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Distilled Type
Fractionated Type
Market Segment by Applications, can be divided into
Soap & Detergent
Cosmetics
Grease & Lubricant
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Palmitic Acid product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Palmitic Acid, with price, sales, revenue and global market share of Palmitic Acid in 2017 and 2018.
Chapter 3, the Palmitic Acid competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Palmitic Acid breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Palmitic Acid market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Palmitic Acid sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
