Global Palm Methyl Ester Derivatives Market Review 2014-2019 and Projection to 2024 - The Commercial Adoption of Palm Oil-based Biodiesel Spurs Opportunity - ResearchAndMarkets.com

The "Palm
Methyl Ester Derivatives Market (2014-2024)" report has been
added to ResearchAndMarkets.com's offering.

This research estimates that the global palm methyl ester derivatives
market would reach $2,106.7 million in 2024.

The heavy demand for these derivatives for the manufacturing of
cosmetics, personal care products, soaps, detergents, and agricultural
products, along with the increasing disposable income in Latin America
(LATAM) and Asia-Pacific (APAC) regions, is expected to drive the market
growth.

For easy understanding, the market has primarily been segmented by
product, type, and application. Palm kernel oil (PKO) and crude palm oil
(CPO) are the two categories under the type segment, of which PKO is
estimated to lead the palm methyl ester derivatives market in terms of
sales volume in 2018. Rich in nutrients (such as unsaturated fats and
vitamins K and A) and antioxidants, PKO also has a high oil content.
Thus, owing to its beneficial properties, the demand for PKO is fairly
high in the market.

Similarly, methyl laurate, methyl caprylate, methyl palmitate, methyl
myristate, methyl oleate, methyl stearate, and methyl linoleate are the
major categories under the product segment. The revenue share of methyl
oleate is estimated to be the largest in 2018 due to its heavy demand in
various industries. This is also expected to help the palm methyl ester
derivatives market grow during the forecast period.

In 2018, the highest revenue in the market is estimated to be generated
from soaps and detergents. Palm-based derivatives, including stearates,
oleates, linoleates, palmitates, caprylates, laurates, and myristates,
are being increasingly used in the manufacturing of detergents and
soaps, owing to their high lather and froth formation, low cost, good
emulsifying capabilities, and optimum performance during hard and soft
washes.

The Procter & Gamble Company, Wilmar International Ltd., Musim Mas
Group, IOI Corporation Berhad, Emery Oleochemicals Group, KLK Oleo,
Oleon NV, and VVF LLC are among the key palm methyl ester derivatives
market players. Most of these companies either have their manufacturing
plants in or source their raw material from Malaysia and Indonesia, the
two largest producers of palm oil and palm oil derivatives in the world.

A major trend seen in the market is the backward and forward integration
among manufacturers, primarily aimed at supply chain integration and
market share improvement. Unveiling of new palm oil-containing consumer
products and increasing acquisitions of plantations are fueling this
market trend.

Key Topics Covered

Chapter 1. Research Background
1.1 Research
Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1
Market Segmentation by Type
1.3.2 Market Segmentation by Product
1.3.3
Market Segmentation by Application
1.3.4 Market Segmentation by
Geography
1.3.5 Analysis Period
1.3.6 Market Data Reporting
Unit
1.3.6.1 Value
1.3.6.2 Volume
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary
Research
2.2 Primary Research
2.2.1 Breakdown of Primary
Research Respondents
2.2.1.1 By region
2.2.1.2 By industry
participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4
Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market
Segments
4.1.1 By Type
4.1.1.1 Crude palm oil (CPO)
4.1.1.2
Palm kernel oil (PKO)
4.1.2 By Product
4.1.2.1 Methyl caprylate
4.1.2.2
Methyl laurate
4.1.2.3 Methyl myristate
4.1.2.4 Methyl
palmitate
4.1.2.5 Methyl stearate
4.1.2.6 Methyl oleate
4.1.2.7
Methyl linoleate
4.1.2.8 Others
4.1.3 By Application
4.1.3.1
Soaps and detergents
4.1.3.2 Personal care and cosmetics
4.1.3.3
Food and beverages
4.1.3.4 Lubricants and additives
4.1.3.5
Solvents
4.1.3.6 Others
4.2 Value Chain Analysis
4.3
Production Process
4.4 Market Dynamics
4.4.1 Trends
4.4.1.1
Shifting consumer preference toward organic personal care products
4.4.2
Drivers
4.4.2.1 Growing demand for organic cosmetics and personal
care products
4.4.2.2 Increasing adoption of palm oil derivatives
owing to their beneficial properties
4.4.2.3 Impact analysis of
drivers on market forecast
4.4.3 Restraints
4.4.3.1 Increasing
regulatory pressure on companies to source palm oil from sustainable
farms
4.4.3.2 Impact analysis of restraints on market forecast
4.4.4
Opportunities
4.4.4.1 Commercial adoption of palm oil-based
biodiesel
4.5 Price Analysis, By Region

Chapter 5. Global Market Size and Forecast
5.1 By
Type
5.2 By Product
5.2.1 Palm Methyl Caprylate, By Application
5.2.2
Palm Methyl Laurate, By Application
5.2.3 Palm Methyl Myristate, By
Application
5.2.4 Palm Methyl Palmitate, By Application
5.2.5
Palm Methyl Stearate, By Application
5.2.6 Palm Methyl Oleate, By
Application
5.2.7 Palm Methyl Linoleate, By Application
5.3 By
Application
5.4 By Region

Chapter 6. North America Market Size and Forecast

Chapter 7. Europe Market Size and Forecast

Chapter 8. APAC Market Size and Forecast

Chapter 9. LATAM Market Size and Forecast

Chapter 10. MEA Market Size and Forecast

Chapter 11. Competitive Landscape
11.1 Market
Share Analysis of Key Players
11.2 Competitive Benchmarking of Key
Players
11.3 Strategic Developments of Key Players

Chapter 12. Company Profiles
12.1 Wilmar
International Ltd.
12.1.1 Business Overview
12.1.2 Product and
Service Offerings
12.1.3 Key Financial Summary
12.1.4 Palm
Methyl Ester Derivative Offerings
12.2 The Procter & Gamble Company
12.3
KLK OLEO
12.4 Musim Mas Group
12.5 IOI Corporation Berhad
12.6
VVF LLC
12.7 Emery Oleochemicals Group
12.8 Carotino Group
12.9
Vantage Specialty Ingredients Inc.
12.10 Hebei Jingu Plasticizer
Co. Ltd.
12.11 Haiyan Fine Chemical Industry Co. Ltd.
12.12
PMC Biogenix Inc.
12.13 Peter Cremer North America L.P.
12.14
Timur OleoChemicals
12.15 Shanghai Qianwei Oil Science & Technology
Co. Ltd.
12.16 Ecogreen Oleochemicals (Singapore) Pte. Ltd.
12.17
Pacific Oleochemicals Sdn Bhd
12.18 Kao Corporation

For more information about this report visit https://www.researchandmarkets.com/research/2g3rp8/global_palm?w=4

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