By 2024, Tall Oil Fatty Acid Market revenue to go past $1000 million

Global tall oil fatty acid market is extremely consolidated with Arizona Chemical Company, Lintech International, Forchem, Georgia Pacific, and Harima Chemicals occupying more than 70% of the total share.

Selbyville, Delaware, USA - June 7, 2019 /MarketersMedia/ —

Tall oil fatty acid market is segmented into three products namely oleic acid, linoleic acid, and other types including stearic acids, unsaponifiables, palmitic acids, and others. Oleic acid is anticipated to occupy a considerable share and this share will likely increase at a healthy rate during the forecast period due to its use in soaps, oil rigs and fuels. Linoleic acid segment is anticipated to grow by a CAGR of about 4.5%. This segment has a substantial share of global tall oil fatty acid market due to its usage in adhesives, paints, coatings, etc.

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Tall oil fatty acid market application segmentation consists of dimer acids, alkyd resins, fatty acid esters, and other applications. Fatty acid esters application is anticipated to grow by about 4% CAGR in the forecast years. This segment will occupy about one fourth of the total market by 2024. Fatty acid esters find wide applications in personal care product manufacturing.

Soap & detergents, coatings, lubricants, plastics, fuel additives, metal working fluid are the major end-user segments of tall oil fatty acid market. Metal working fluids, fuel additives and lubricants are the most lucrative end-use industries. All these segments will likely grow with a CAGR above 4%. Coatings and plastics end-user segments are anticipated to register a combined revenue of around USD 350 million by the end of the forecast period.

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Europe is anticipated to be a prominent tall oil fatty acid market as other organic fatty acids are not commonly found there. Europe is expected to occupy about one third of total market by 2024. North America had around 40% share of the total market and will continue to be an important region for the industry growth.

Global tall oil fatty acid market is extremely consolidated with Arizona Chemical Company, Lintech International, Forchem, Georgia Pacific, and Harima Chemicals occupying more than 70% of the total share. Other important players are Eastman Chemical, Florachem Corporation, Chemical Associates, Segezha Pulp and Paper Mill, Kraton Corporation, OOO Torgoviy Dom Lesokhimik, BASF SE, Shaxian Lixin Resin, Industrial Oleochemical Products, Pasand Speciality Chemical, and others.

Browse key industry insights spread across 145 pages with 207 market data tables & 14 figures & charts from the report, “Tall Oil Fatty Acid Market Size By Product (Oleic Acid, Linoleic Acid), By Application (Dimer Acids, Alkyd Resins, Fatty Acid Esters), By End-user (Soap & Detergents, Coatings, Lubricants, Plastics, Fuel Additives, Metal Working Fluid), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/tall-oil-fatty-acid-market

Table of Contents (ToC) of the report:
Chapter 6. Tall Oil Fatty Acid Market, By End-user
6.1. Global market share by end-user, 2016 & 2024
6.2. Soap & detergents
6.2.1. Market estimates and forecasts
6.2.2. Market estimates and forecasts by region
6.3. Coatings
6.3.1. Market estimates and forecasts
6.3.2. Market estimates and forecasts by region
6.4. Lubricants
6.4.1. Market estimates and forecasts
6.4.2. Market estimates and forecasts by region
6.5. Plastics
6.5.1. Market estimates and forecasts
6.5.2. Market estimates and forecasts by region
6.6. Fuel additives
6.6.1. Market estimates and forecasts
6.6.2. Market estimates and forecasts by region
6.7. Metal working fluid
6.7.1. Market estimates and forecasts
6.7.2. Market estimates and forecasts by region
6.8. Others
6.8.1. Market estimates and forecasts
6.8.2. Market estimates and forecasts by region
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/tall-oil-fatty-acid-market

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