I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1 Disclaimers.............. I-2 Data Interpretation & Reporting Level I-2 Quantitative Techniques & Analytics I-3 Product Definitions and Scope of Study I-3 Glyceryl Monostearate (GMS)..............I-4 Medium Chain Triglyceride Oil (MCT Oil) I-4 Isopropyl Esters.............. I-4 Isopropyl Palmitate..............I-4 Isopropyl Myristate..............I-5 Other Fatty Esters.............. I-5

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW.............. II-1 A Prelude.............. II-1 Various Fatty Acid Esters & Their Applications in a Nutshell II-2 Developing Economies Drive Momentum in the Global Fatty Esters Market.............. II-4 Glyceryl Monostearate Leads the Global Fatty Esters Market II-4 Personal Care and Cosmetic Sectors Drive Growth, Food Industry to Continue Dominance II-5

2. MARKET TRENDS, ISSUES & DRIVERS II-6 Robust Demand for Personal Care Products & Cosmetics: A Strong Growth Driver.............. II-6 Table 1: Global Market for Cosmetics (2012): Percentage Share Breakdown of Retail Value Sales by Leading Country (includes corresponding Graph/Chart)..............II-7 Personal Care Industry Chooses Multifunctional Ingredients II-7 Table 2: Global Personal Care Ingredients Market (2013): Percentage Share Breakdown of Value Sales by Application (includes corresponding Graph/Chart) II-7

Table 3: Global Personal Care Ingredients Market (2013): Percentage Share Breakdown of Value Sales by Region/Country (includes corresponding Graph/Chart) II-8

Table 4: Global Personal Care Ingredients Market (2013): Percentage Share Breakdown of Volume Sales by Product Segment (includes corresponding Graph/Chart) II-8 Favorable Trends in Food Consumption Spur Fatty Esters Demand II-8 Table 5: Food and Beverage Additives Market (2013): Percentage Share Breakdown of Value Sales by Type of Additive (includes corresponding Graph/Chart) II-10

Table 6: Global Food Emulsifiers Market (2013): Percentage Share Breakdown of Volume Sales by Type of Emulsifier (includes corresponding Graph/Chart) II-10 Market Buoyed by the Fat Replacement Trend II-11 Alarming Rise in Obesity: A Major Influencing Factor II-11 Table 7: Global Obesity Population (2013) (includes corresponding Graph/Chart)..............II-12

Table 8: Overweight & Obese Individuals as % of Total Population by Geographic Region: 2013 (includes corresponding Graph/Chart).............. II-12 Rising Disposable Incomes: Opportunity in Emerging Markets II-13 Table 9: Annual Disposable Incomes in US$ ‘000 for Select Countries (2012) (includes corresponding Graph/Chart) II-13 Recovering Automotive Production to Boost Market Prospects for Fatty Esters Used as Functional Fluids II-13 Opportunity Indicator..............II-14 Table 10: World Production of Passenger Cars: Breakdown of Annual Production Figures in ‘000’ Units for Years 2014 & 2018 by Geographic Region/Country (includes corresponding Graph/Chart).............. II-14

Table 11: World Production of Commercial Vehicles: Breakdown of Annual Production Figures in ‘000’ Units for Years 2014 & 2018 by Geographic Region/Country (includes corresponding Graph/Chart).............. II-15 Drug Delivery Application of MCT Oil in the Pharmaceutical Industry Augur Well for the Market II-15 Animal Feed: A Major End-Use Application II-16 Table 12: Global Animal Feed Additives Market (2013) - Percentage Share Breakdown of Value Sales by Geographic Region/Country (includes corresponding Graph/Chart) II-16 Nutritional Supplements Market: Opportunities for Fatty Esters II-17 Table 13: Global Dietary Supplements Market (2013E & 2020P): Breakdown of Value Sales (in US$ Million) by Geographic Region (includes corresponding Graph/Chart) II-17

Table 14: World Vitamin and Supplements Market by Geographic Region (2013): Percentage Breakdown of Value Sales for China, Europe, Japan, Latin America, US and Rest of World (includes corresponding Graph/Chart)..............II-18 Fatty Acid Methyl Ester (FAME): Superior than Diesel II-18 Table 15: Petroleum Diesel vs. Biodiesel - Percentage Breakdown of Emissions by Type..............II-19 Biodiesel Gain Market Significance II-19 Table 16: Global Biofuel Blending Targets II-20 Table 17: World Biodiesel Market by Country (2014): Percentage Breakdown of Production for Argentina, Brazil, Germany, Indonesia, US and Rest of World (includes corresponding Graph/Chart)..............II-20

Table 18: Global Biofuel Market by Geographic Region (2014): Percentage Breakdown of Biofuel Production for Argentina, Brazil, Germany, Indonesia, US and Rest of World (includes corresponding Graph/Chart)..............II-21 Challenges Faced by the Biodiesel Industry II-21 Specialty Esters to Drive the Market II-21 Natural Fatty Esters Gain Importance II-21 Bacteria: Novel Sources of Fatty Esters II-22 Red Raspberry Seed Oil Emerging As Omega-3 Fatty Acid Source II-22 New Research Condemns Excess Intake of Omega-3 Fatty Acids II-22 Fatty Esters Become More Responsible Towards Environment and End Product Performance..............II-23 Food Industry Shows Interest in Renewable Feedstock II-23 Table 19: Industrial Applications of Renewable Chemicals: Percentage Breakdown by Application Type for 2013 (includes corresponding Graph/Chart)..............II-23

3. PRODUCT OVERVIEW.............. II-24 Introduction.............. II-24 Classification of Fatty Acid Esters II-24 General Classification..............II-24 Simple Esters with Lower Chain Alcohols II-24 Esters of Fatty Acids with Complex Chain Alcohols II-24 Classification Based on Viscosity or Density II-25 Based on viscosity and density, esters can be classified into five different groups:..............II-25 Classification Based on Functions II-25 Emollient Esters..............II-25 Surfactant Esters.............. II-26 Key Fatty Ester Segments..............II-26 Glyceryl Monostearate..............II-26 Applications.............. II-26 Medium Chain Triglyceride (MCT) Oil II-26 Applications.............. II-27 Disadvantages.............. II-28 Isopropyl Esters.............. II-28 Isopropyl Palmitate..............II-28 Physical and Chemical Properties of Isopropyl Palmitate II-28 Isopropyl Myristate..............II-28 Physical and Chemical Properties of Isopropyl Myristate II-29 Other Fatty Esters.............. II-29 Glycol Esters (Polyethylene Glycol Esters) II-29 Polyol Esters.............. II-29 Sorbitan Esters.............. II-30 Sucrose Esters.............. II-30

4. EMULSIFIERS: THE MOST COMMON APPLICATION OF FATTY ESTERS II-31 Food Emulsifiers.............. II-31 Glycerin Fatty Acid Esters..............II-31 Monoglyceride.............. II-31 Diglyceride.............. II-31 Triglyceride.............. II-31 Polyglycerol Fatty Acid Ester..............II-31 Sucrose Fatty Acid Esters..............II-32 Other Emulsification Applications of Fatty Esters II-32

5. FATTY ACID METHYL ESTERS (FAME): A SPECIAL GROUP OF FATTY ACID ESTERS.............. II-33 History.............. II-33 Methyl Ester Capacity Ramp up Trail II-34 Production.............. II-34 Raw Materials.............. II-34 Virgin Oils.............. II-34 Yellow-Grease and Animal Fats..............II-34 Procedure.............. II-34 Infrastructure Required for Storage of Biodiesel II-35 Materials Compatibility..............II-35 Production of Biodiesel Made Much Cheaper II-35 Eco-friendly and Economical Fatty Acid Methyl Esters Produced by Fermentation of Biomass..............II-36 Features of Biodiesel..............II-36 Reduced Emissions..............II-36 Lubricity.............. II-36 Biodegradability.............. II-37 Toxicity.............. II-37 Cold Flow Properties..............II-37 Applications.............. II-37 Different Types of Fatty Acid Methyl Esters II-37 (±)5-HETE Methyl Esters..............II-37 Curcas Oil Methyl Esters..............II-38 Jem Methyl Esters..............II-38 Soy Methyl Esters..............II-38 Alpha-Sulphonated Methyl Ester - A New Addition to the Methyl Esters Group.............. II-38

6. FATTY ACIDS: AN IMPORTANT RAW MATERIAL OF FATTY ESTERS II-40 History.............. II-40 Structure.............. II-40 Production.............. II-40 Classification.............. II-40 Saturated Fatty Acids..............II-40 Unsaturated Fatty Acids..............II-40 Fatty Acid Derivatives..............II-41 Market.............. II-41 Applications.............. II-41 Examples of Fatty Acids..............II-42

7. PRODUCT INNOVATIONS/INTRODUCTIONS II-43 BASF Introduces Fatty Acid Food Ingredients at IFT Expo II-43 Beraca Launches New Cosmetics Ingredients II-43 Vitfoss Launches Fatty Acid Animal Feed Ingredient II-43 Kamani Oils Introduces Fatty Acid Products for the F&B Industry II-43

8. RECENT INDUSTRY ACTIVITY..............II-44 IOI Acquires Cremer’s Oleochems Business II-44 Univar Takes Over Chemical Associates II-44 AAK Starts San Jose lab with Focus on Natural Cosmetic Ingredients.............. II-44 P2 Sciences Partners with Ballestra to Produce Biomass-based Cosmetic Ingredients..............II-44 REGI Acquires Green Chemical Company LS9 II-44 Pertamina Seeks Tender for 5.4 million kilolitres FAME II-45 Nova Oleochem to Merge with Tirupati Industries II-45 Kao Corporation Expands Fatty Alcohols Production Capacity in Philippines.............. II-45 Croda International Acquires Sichuan Sipo Chemical II-45 FMC Acquires Epax Nutra Holding III AS & Epax UK Holding III AS II-45 IPP Acquires UK Oleochemical Complex II-45 Arizona Chemical and IMCD to Expand Product Line to Africa II-46 BASF Acquires Pronova BioPharma..............II-46 UP-Oleon JV to Expand Klang Fatty Acid Esters Facility II-46

9. FOCUS ON SELECT GLOBAL PLAYERS..............II-47 ABITEC Corporation (US)..............II-47 Archer Daniels Midland Company (US) II-47 Akzo Nobel N.V. (The Netherlands) II-47 BASF SE (Germany).............. II-48 Croda International Plc. (UK)..............II-48 Faci Asia-Pacific (Singapore)..............II-49 Felda IFFCO LLC (US)..............II-49 Fine Organics (India)..............II-49 Gattefossé (France).............. II-50 IOI Oleochemical Industries Berhad (Malaysia) II-50 KLK Oleo (Malaysia).............. II-50 Lonza Custom Manufacturing (US)..............II-51 P&G Chemicals (US)..............II-51 PMC Biogenix, Inc. (US)..............II-52 Sasol Limited (South Africa)..............II-52 Stearinerie Dubois (France)..............II-52 Stepan Company (US).............. II-52 Subhash Chemical Industries (India) II-53 UNDESA Group (Spain/Italy)..............II-53

10. GLOBAL MARKET PERSPECTIVE..............II-54 Table 20: World Recent Past, Current & Future Analysis for Fatty Esters by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart).............. II-54

Table 21: World Historic Review for Fatty Esters by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart) II-55

Table 22: World 14-Year Perspective for Fatty Esters by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)..............II-56 By Product Segment..............II-57 Table 23: World Recent Past, Current & Future Analysis for Glyceryl Monostearate (GMS) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............II-57

Table 24: World Historic Review for Glyceryl Monostearate (GMS) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-58

Table 25: World 14-Year Perspective for Glyceryl Monostearate (GMS) by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) II-59

Table 26: World Recent Past, Current & Future Analysis for Medium Chain Triglyceride Oil (MCT Oil) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............II-60

Table 27: World Historic Review for Medium Chain Triglyceride Oil (MCT Oil) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-61

Table 28: World 14-Year Perspective for Medium Chain Triglyceride Oil (MCT Oil) by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) II-62

Table 29: World Recent Past, Current & Future Analysis for Isopropyl Palmitate & Isopropyl Myristate (IPP & IPM) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) II-63

Table 30: World Historic Review for Isopropyl Palmitate & Isopropyl Myristate (IPP & IPM) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-64

Table 31: World 14-Year Perspective for Isopropyl Palmitate & Isopropyl Myristate (IPP & IPM) by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. II-65

Table 32: World Recent Past, Current & Future Analysis for Other Fatty Esters by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart).............. II-66

Table 33: World Historic Review for Other Fatty Esters by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart) II-67

Table 34: World 14-Year Perspective for Other Fatty Esters by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)..............II-68 By End Use Application..............II-69 Table 35: World Recent Past, Current & Future Analysis for Fatty Esters Consumption in Food Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) II-69

Table 36: World Historic Review for Fatty Esters Consumption in Food Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart).............. II-70

Table 37: World 14-Year Perspective for Fatty Esters Consumption in Food Applications by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. II-71

Table 38: World Recent Past, Current & Future Analysis for Fatty Esters Consumption in Personal Care & Cosmetic Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart).............. II-72

Table 39: World Historic Review for Fatty Esters Consumption in Personal Care & Cosmetic Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-73

Table 40: World 14-Year Perspective for Fatty Esters Consumption in Personal Care & Cosmetic Applications by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)..............II-74

Table 41: World Recent Past, Current & Future Analysis for Fatty Esters Consumption in Functional Fluid Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) II-75

Table 42: World Historic Review for Fatty Esters Consumption in Functional Fluid Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-76

Table 43: World 14-Year Perspective for Fatty Esters Consumption in Functional Fluid Applications by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. II-77

Table 44: World Recent Past, Current & Future Analysis for Fatty Esters Consumption in Other Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) II-78

Table 45: World Historic Review for Fatty Esters Consumption in Other Applications by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-79

Table 46: World 14-Year Perspective for Fatty Esters Consumption in Other Applications by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. II-80

III. MARKET

1. THE UNITED STATES.............. III-1 A.Market Analysis.............. III-1 Market Overview.............. III-1 Current and Future Analysis..............III-1 Consumer Shift towards Healthy Eating Aids Market Growth III-1 Pricing Trends.............. III-2 Biodiesel Market in the US..............III-2 Advantages Due to the Expansion of Biodiesel Industry in the US.............. III-3 Table 47: US Biofuels Market by Type (2014): Percentage Breakdown of Biofuel Generation for Advanced Biofuels, Biomass-based Diesel, Renewable Fuel and Others (includes corresponding Graph/Chart) III-3 Regulatory Issues.............. III-3 Strategic Corporate Developments III-4 Key Players.............. III-5 B.Market Analytics..............III-9 Table 48: The US Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-9

Table 49: The US Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-10

Table 50: The US 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-11

Table 51: The US Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-12

Table 52: The US Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart) III-13

Table 53: The US 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-14

2. CANADA.............. III-15 A.Market Analysis.............. III-15 Current & Future Analysis..............III-15 Regulations.............. III-15 B.Market Analytics..............III-16 Table 54: Canadian Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-16

Table 55: Canadian Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-17

Table 56: Canadian 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-18

Table 57: Canadian Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-19

Table 58: Canadian Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-20

Table 59: Canadian 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-21

3. JAPAN.............. III-22 A.Market Analysis.............. III-22 Current & Future Analysis..............III-22 Food Ingredients and Additives III-22 Leading Players.............. III-22 The Kao Group.............. III-23 NOF Corporation..............III-23 B.Market Analytics..............III-24 Table 60: Japanese Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-24

Table 61: Japanese Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-25

Table 62: Japanese 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-26

Table 63: Japanese Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-27

Table 64: Japanese Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-28

Table 65: Japanese 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-29

4. EUROPE.............. III-30 A.Market Analysis.............. III-30 A Mature Market.............. III-30 Current & Future Analysis..............III-30 Importing Sets Off Price Sensitivity III-31 High End Applications Fuel Growth III-31 Distribution and Supply Analysis III-31 Biodiesel Market in Europe..............III-31 Table 66: EU Biodiesel Market by Country (2014): Percentage Breakdown of Volume Consumption for Benelux, France, Germany, Italy, Poland, Spain, UK and Others (includes corresponding Graph/Chart)..............III-32 History.............. III-32 Regulatory Issues..............III-32 Unfair Trade Practices Impede Biodiesel Production Growth in EU: A Recent Past Perspective III-33 Ingredient Makers Promote Novel Alternatives to Non-GM Lecithin III-33 Europe Bans APE.............. III-33 OPTIBIOCAT Project for Natural Cosmetics III-34 B.Market Analytics..............III-35 Table 67: European Recent Past, Current & Future Analysis for Fatty Esters by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-35

Table 68: European Historic Review for Fatty Esters by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart) III-36

Table 69: European 14-Year Perspective for Fatty Esters by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. III-37

Table 70: European Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-38

Table 71: European Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-39

Table 72: European 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-40

Table 73: European Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-41

Table 74: European Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-42

Table 75: European 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-43

4a. FRANCE.............. III-44 A.Market Analysis.............. III-44 Current & Future Analysis..............III-44 Key Players.............. III-44 B.Market Analytics..............III-45 Table 76: French Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-45

Table 77: French Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-46

Table 78: French 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-47

Table 79: French Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-48

Table 80: French Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart) III-49

Table 81: French 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-50

4b. GERMANY.............. III-51 A.Market Analysis.............. III-51 Current & Future Analysis..............III-51 Product Launch.............. III-51 Strategic Corporate Developments III-52 Basf SE - A Key German Player..............III-52 B.Market Analytics..............III-53 Table 82: German Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-53

Table 83: German Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-54

Table 84: German 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-55

Table 85: German Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-56

Table 86: German Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart) III-57

Table 87: German 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-58

4c. ITALY.............. III-59 Market Analysis.............. III-59 Table 88: Italian Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-60

Table 89: Italian Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-61

Table 90: Italian 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-62

Table 91: Italian Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-63

Table 92: Italian Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-64

Table 93: Italian 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-65

4d. THE UNITED KINGDOM..............III-66 A.Market Analysis.............. III-66 Current & Future Analysis..............III-66 Croda International Plc. - A Key Player III-66 B.Market Analytics..............III-67 Table 94: The UK Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-67

Table 95: The UK Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-68

Table 96: The UK 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-69

Table 97: The UK Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-70

Table 98: The UK Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart) III-71

Table 99: The UK 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-72

4e. SPAIN.............. III-73 A.Market Analysis.............. III-73 Current & Future Analysis..............III-73 Undesa Group - A Key Player..............III-73 B.Market Analytics..............III-74 Table 100: Spanish Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-74

Table 101: Spanish Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-75

Table 102: Spanish 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-76

Table 103: Spanish Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-77

Table 104: Spanish Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-78

Table 105: Spanish 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-79

4f. RUSSIA.............. III-80 Market Analysis.............. III-80 Table 106: Russian Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-81

Table 107: Russian Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-82

Table 108: Russian 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-83

Table 109: Russian Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-84

Table 110: Russian Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-85

Table 111: Russian 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-86

4g. REST OF EUROPE.............. III-87 A.Market Analysis.............. III-87 Current & Future Analysis..............III-87 Product Launch.............. III-87 Akzo Nobel N. V (The Netherlands) - A Key Player III-87 B.Market Analytics..............III-89 Table 112: Rest of European Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-89

Table 113: Rest of European Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-90

Table 114: Rest of European 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. III-91

Table 115: Rest of European Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-92

Table 116: Rest of European Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-93

Table 117: Rest of European 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-94

5. ASIA-PACIFIC.............. III-95 A.Market Analysis.............. III-95 Current & Future Analysis..............III-95 Asian Market for Fatty Esters Gets a Facelift III-95 Environmental Pressures Spur Usage of Fatty Esters III-95 Personal Care Industry - The Dollar Earner III-96 Oleochemicals Market in South East Asia III-96 Fatty Acids Emanate Positive Vibes III-96 Surfactants Go the Natural Way III-96 Researchers Focus on Cost-effective Seaweed Farming III-97 Future Biofuel Trends in Asia-Pacific III-97 Other Futuristic Biofuel Trends in a Nut Shell III-98 Product Launch.............. III-98 Strategic Corporate Developments III-98 Key Players.............. III-99 B.Market Analytics..............III-101 Table 118: Asia-Pacific Recent Past, Current & Future Analysis for Fatty Esters by Geographic Region - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-101

Table 119: Asia-Pacific Historic Review for Fatty Esters by Geographic Region - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-102

Table 120: Asia-Pacific 14-Year Perspective for Fatty Esters by Geographic Region - Percentage Breakdown of Dollar Sales for China, India, and Rest of Asia-Pacific Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-103

Table 121: Asia-Pacific Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-104

Table 122: Asia-Pacific Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-105

Table 123: Asia-Pacific 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-106

Table 124: Asia-Pacific Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-107

Table 125: Asia-Pacific Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-108

Table 126: Asia-Pacific 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-109

5a. CHINA.............. III-110 A.Market Analysis.............. III-110 Current & Future Analysis..............III-110 Personal Care Ingredients Market in China III-110 Table 127: Chinese Personal Care Ingredients Market (2013): Percentage Share Breakdown of Value Sale by Product Segment (includes corresponding Graph/Chart) III-111 China to Emerge as the Leader of Second Generation Biofuels III-111 B.Market Analytics..............III-112 Table 128: Chinese Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-112

Table 129: Chinese Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-113

Table 130: Chinese 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-114

Table 131: Chinese Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-115

Table 132: Chinese Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-116

Table 133: Chinese 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-117

5b. INDIA.............. III-118 A.Market Analysis.............. III-118 Current & Future Analysis..............III-118 Indian Biofuel Market Driven by the Need for Improving Energy Security..............III-118 B.Market Analytics..............III-119 Table 134: Indian Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-119

Table 135: Indian Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-120

Table 136: Indian 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-121

Table 137: Indian Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-122

Table 138: Indian Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-123

Table 139: Indian 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-124

5c. REST OF ASIA-PACIFIC..............III-125 A.Market Analysis.............. III-125 Current & Future Analysis..............III-125 Australia.............. III-125 Green Fuel Prominence Increasing in Australia III-125 Philippines.............. III-126 Coconut being Popularized as a Feedstock for Biodiesel III-126 South Korea.............. III-126 Government Mandates Biodiesel Blending III-126 B.Market Analytics..............III-127 Table 140: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-127

Table 141: Rest of Asia-Pacific Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-128

Table 142: Rest of Asia-Pacific 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. III-129

Table 143: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-130

Table 144: Rest of Asia-Pacific Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-131

Table 145: Rest of Asia-Pacific 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-132

6. LATIN AMERICA.............. III-133 A.Market Analysis.............. III-133 Current & Future Analysis..............III-133 BioDiesel Production and Consumption Growing Exponentially III-133 Several Latin American Countries Make Steady Progress in BioDiesel Production..............III-133 Argentina - A Key Regional Market III-134 Product Launch.............. III-134 B.Market Analytics..............III-135 Table 146: Latin American Recent Past, Current & Future Analysis for Fatty Esters by Geographic Region - Brazil and Rest of Latin American Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-135

Table 147: Latin American Historic Review for Fatty Esters by Geographic Region - Brazil and Rest of Latin American Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-136

Table 148: Latin American 14-Year Perspective for Fatty Esters by Geographic Region - Percentage Breakdown of Dollar Sales for Brazil and Rest of Latin American Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-137

Table 149: Latin American Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-138

Table 150: Latin American Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-139

Table 151: Latin American 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart).............. III-140

Table 152: Latin American Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-141

Table 153: Latin American Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-142

Table 154: Latin American 14-Year Perspective for Fatty Esters by End Use Application - Percentage Breakdown of Dollar Sales for Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-143

6a. BRAZIL.............. III-144 Market Analysis.............. III-144 Table 155: Brazilian Recent Past, Current & Future Analysis for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart) III-145

Table 156: Brazilian Historic Review for Fatty Esters by Product Segment - Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-146

Table 157: Brazilian 14-Year Perspective for Fatty Esters by Product Segment - Percentage Breakdown of Dollar Sales for Glyceryl Monostearate (GMS), Medium Chain Triglyceride Oil (MCT Oil), Isopropyl Palmitate and Isopropyl Myristate (IPP & IPM), and Other Fatty Esters Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III-147

Table 158: Brazilian Recent Past, Current & Future Analysis for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-148

Table 159: Brazilian Historic Review for Fatty Esters by End Use Application - Food, Personal Care & Cosmetics, Functional Fluids, and Other Application Markets Independently Analyzed with Annual Sales Figures in US$ Thousands for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-149

Table 160: Brazilian 14-Year Perspective for Fatty Esters by End Use Application -