Global Palm Methyl Ester Derivative Market 2014-2017 & 2025 with Peter Cremer North America, Carotino Group, KLK OLEO, Ecogreen Oleochemicals, and Kao Corporation Dominating

The global palm methyl ester derivatives market is anticipated to reach USD 1.01 billion by 2025

Growing demand for CPO and PKO derived products from a wide range of sectors including personal care, home care, and food along with other industrial products such as adhesives, lubricants, paints, coatings, and inks is expected to influence product demand over the forecast period.

Palm methyl ester derivatives are essentially oleochemicals processed from CPO and PKO, leading to greater global demand driven by sustainability along with environmental and health concerns. Rising consumer preference for natural ingredients and process sustainability in personal care, food, and other sectors is also anticipated to boost product demand.

In the past few years, the industry has witnessed increasing investments in R&D activities for the development of biodegradable products, which can substitute the petroleum-based ones. This, in turn, has led to increased dependence on these specialty chemicals. Some of the major application sectors of the products include homecare, personal care, and cosmetic products.

Methyl oleate held the largest share in the market and is expected to continue its dominance over the forecast period. The increasing use of the product as solvents in industrial cleaners, as surfactants in personal care products, as solvents & defamers in the production of inks and coatings and as a lubricant for metal cleaning & precision metal cleaning are expected to be the major factors driving oleate demand over the forecast period.

Further key findings from the report suggest:

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Palm Methyl Ester Derivatives Industry Outlook

4. Palm Methyl Ester Derivatives Market: Source Outlook

5. Palm Methyl Ester Derivatives Market: Product Outlook

6. Palm Methyl Ester Derivatives Market: Regional Outlook

7. Competitive Landscape

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/tv9v55/palm_methyl_ester

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