Global Fatty Esters Market to Reach $3 Billion by 2030
The global market for Fatty Esters estimated at US$2.1 Billion in the year 2022, is projected to reach a revised size of US$3 Billion by 2030, growing at a CAGR of 4.6% over the period 2022-2030. GMS, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$1 Billion by the end of the analysis period. Growth in the Mct Oil segment is estimated at 5.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $745.3 Million, While China is Forecast to Grow at 8.2% CAGR
The Fatty Esters market in the U.S. is estimated at US$745.3 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$549.8 Million by the year 2030 trailing a CAGR of 8.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Select Competitors (Total 151 Featured)
- BASF SE
- Akzo Nobel NV
- Arkema Group
- Archer Daniels Midland Company
- Ashland Global Holdings, Inc.
- AAK AB
- Calumet Specialty Products Partners LP
- A.B. Enterprises
- Alfa Chemicals Ltd.
- Alzo International, Inc.
- Berg + Schmidt GmbH & Co. KG
- American eChem, Inc.
- Avril SCA
- Acme Synthetic Chemicals
- A&A Fratelli Parodi Spa