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Tall Oil Fatty Acid Market Analysis & Forecast to 2024

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Tall oil fatty acid market application segment is based on the product use to manufacture intermediate chemicals including alkyd resins, dimer acids, fatty acid esters, and several others such as monomer acids, trimer acids, ethoxylates, and amines. – PowerPoint PPT presentation

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Title: Tall Oil Fatty Acid Market Analysis & Forecast to 2024


1
Tall Oil Fatty Acid Market by Product Type,
Players and Regions-Forecast to 2024
2
Global Market Scenario of Tall Oil Fatty Acid
Industry
  • Tall Oil Fatty Acid Market size will exceed USD 1
    billion by 2024 according to a new research
    report by Global Market Insights, Inc.
  • Global cleaning products market will likely grow
    beyond USD 100 billion by the end of 2024 with a
    CAGR over 5 in the forecast span. Increasing
    numbers of healthcare facilities in the emerging
    countries and strict government mandates
    pertaining to cleanliness of the medical
    institutions will further boost the tall oil
    fatty acid market growth.
  • Increasing demand for naturally derived fatty
    acid based biofuel may create new market avenues
    for overall tall oil fatty acid market in coming
    years. Several developed nations promote the
    usage of bio-based fuels in order to mitigate
    greenhouse emissions as well as to conserve the
    fossil fuel reserves. Acceptance of biofuel in
    all countries may take a few decades owing to
    varying economic conditions.

3
Continued...
  • Substitute products in the topical countries may
    create a negative impact on the global tall oil
    fatty acid market as the product is principally
    derived from coniferous trees. Palm kernel, palm,
    and coconut oil based products are commonly used
    oleochemicals used in soap manufacturing in these
    countries.
  • Tall oil fatty acid market segmentation on the
    basis of products is done into oleic acids,
    linoleic acids, and other carboxylic acids such
    as palmitic acids, stearic acids, etc. Oleic
    acids will hold sway in the coming years owing to
    extensive usage in manufacturing soaps as well as
    in fuel additives and corrosion inhibitors in oil
    rigs.
  • Linoleic acid will also account for a significant
    share of the global tall oil fatty acid market in
    2024 owing to its wide application range in
    paints coatings, and adhesive sealant
    manufacturing. This segment will witness a
    healthy growth with a CAGR close to 4.5 in the
    forecast span.

4
U.S. Tall Oil Fatty Acid Market size, by
end-user, 2013 - 2024 (USD Million)
5

Browse Full Market Research Report _at_
http//bit.ly/2p8XTua Press Release _at_
http//bit.ly/2qI5DVp To Receive a sample copy
of this report _at_ http//bit.ly/2pIPxeZ
6
360 Analysis
  • Tall Oil Fatty Acid Market, By Product
  • Oleic acids and linoleic acids account for
    majority of the global tall oil fatty acid market
    share. Other product types include stearic acids,
    palmitic acids, unsaponifiables, etc., which
    account for less than a fifth of the total share.
  • Tall Oil Fatty Acid Market, By End-User
  • Several end-user industries such as soap
    detergents, fuel additives, coatings, plastics,
    lubricants, metalworking fluid, etc. find the
    application of the product or its derivatives.
    Soap detergents industry accounted for more
    than a quarter of the global tall oil fatty acid
    market share in 2016 and will witness a sluggish
    growth in comparison to other segments.
  • Tall Oil Fatty Acid Market, By Region
  • North America, led by the U.S., will likely hold
    sway the global tall oil fatty acid market with
    more than 40 of the overall share in 2016.
  • Asia Pacific tall oil fatty acid market will
    likely witness a significant growth at around 5
    CAGR owing to increasing awareness in the region.


7
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