Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market to hit $8bn by 2024

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Palm Kernel Oil And Coconut Oil Based Natural
Fatty Acids Market size and share 2016 2024
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Global Market Scenario of Palm Kernel Oil And
Coconut Oil Based Natural Fatty Acids Market

• Palm Kernel Oil And Coconut Oil Based Natural
  Fatty Acids Market size will likely exceed USD 8
  billion by 2024 according to a new research
  report by Global Market Insights, Inc.
• Global surfactant demand for detergents used in
  residential or industrial cleaning will boost the
  global palm kernel oil and coconut oil based
  natural fatty acids market in the near future.
  Increasing use of lauric acid based hydrophobes
  in surfactants will influence the global market
  positively.
• Regulations regarding industrial and workplace
  cleanliness, coupled with the growing number of
  industries all around the globe will signify the
  surfactants demand throughout the considered
  forecast span. Surfactants industry was worth
  beyond USD 30 billion in 2015 with an estimated
  growth at a moderate rate from 2016 to 2024.

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Continued...

• Growing concerns regarding the harmful side
  effects of chemicals present in cosmetics and
  toiletries will also play a major role in
  promoting the palm kernel oil and coconut oil
  based natural fatty acids market throughout the
  forecast span.
• Rising awareness about the benefits of naturally
  derived cosmetic and personal care products will
  strengthen the market throughout the forecast
  span. Moreover, increasing number of concept
  retail stores and showrooms, along with rising
  demand from departmental stores, beauty product
  stores, spas, salons, etc. will drive the demand
  in coming years.
• Global organic personal care products market size
  was above USD 10 billion in 2015. It will likely
  exceed USD 24 billion by 2024, with a high growth
  rate of over 10 CAGR.

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Germany Palm Kernel Oil And Coconut Oil Based
Natural Fatty Acids Market size, by end-user,
2013 - 2024 (USD Million)
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• Coconut Oil Fatty Acids Market, By Region
• Palm kernel and coconut production in Asia, along
  with the presence of numerous oleochemical
  manufacturers in the region makes Asia Pacific a
  significant player for global palm kernel oil
  based natural fatty acids market.
• Competitive Market Share
• The competitive landscape for global palm kernel
  oil and coconut oil based natural fatty acids
  market is moderately consolidated with the top
  five market players accounting to over 50 share
  of the overall market. Major product
  manufacturers are Wilmar International, Emery
  Oleochemicals, OLEON, KLK Oleo, and Kao
  Corporation.
• Other important market players include PG,
  Chemical Associates Inc., Musim Mas Holdings,
  Pacific Oleochemicals, Philippine International,
  Twin Rivers Technologies, United Coconut
  Chemicals, Vantage Specialty Chemicals, and VVF
  LLC.

360 Analysis

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