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Fatty Acid Methyl Ester Market Worth 22.13 Billion USD by 2021


News provided by

MarketsandMarkets

14 Oct, 2016, 11:30 GMT

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PUNE, India, October 14, 2016 /PRNewswire/ --

The report "Fatty Acid Methyl Ester Market by Type (Soya Methyl Ester, Rapeseed Methyl Ester, Palm Oil Methyl Ester & Others), Application (Fuels, Lubricants, Coatings, Food & Agriculture, Metal Working Fluids & Others), Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) - Global Forecast to 2021", published by MarketsandMarkets, the market is expected to grow from USD 17.26 Billion in 2016 to USD 22.13 Billion by 2021, at a CAGR of 5.1% from 2016 to 2021.

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Browse 106 market data Tables and 53 Figures spread through 154 Pages and in-depth TOC on "Fatty Acid Methyl Ester Market"


http://www.marketsandmarkets.com/Market-Reports/fatty-acid-methyl-ester-market-120752897.html

Early buyers will receive 10% customization on this report. 

Increase in the use of fatty acid methyl ester in biodiesel and the growing concern for environment is expected to drive the growth of fatty acid methyl ester market.

Rapeseed methyl ester is the largest segment of fatty acid methyl ester market 

The rapeseed methyl ester segment holds the largest share in the global fatty acid methyl ester market. The growth of this segment can be attributed to the increasing use of rapeseed as the primary raw material for fatty acid methyl ester production, as rapeseed has better oil content than other types of raw material for fatty acid methyl ester manufacturing. Soybean has 18% to 22% oil content while rapeseed has 30% to 37% oil content. The high cetane number of biodiesel produced from rapeseed oil enables complete combustion and thus lowers emissions. Rapeseed is a major biodiesel feedstock used in Europe.

Fuel: Largest application segment of fatty acid methyl ester market 

The fuel application holds the largest share in the global fatty acid methyl ester market among various applications of fatty acid methyl ester. This growth can be attributed to the significant rise in demand from the biodiesel industry. Fatty acid methyl ester is the primary constituent of biodiesel. Growing environmental concerns on the use of fossil-based fuel products that increase pollution levels as well as contain toxic volatile organic compounds, are significantly impacting the market for biodiesel as it is penetrating the market as a substituent for fossil fuel.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=120752897

North America: Largest market for fatty acid methyl ester, globally 

North America was the largest Fatty Acid Methyl Ester Market in 2015. The rise in demand for fatty acid methyl ester in biodiesel production, and the strict environmental rules and regulations of North America is attributing to the growth of fatty acid methyl ester market in this region. Soy methyl ester is the largest type segment in North America as this region is rich in production of soybean. The growing application industries, such as fuel, lubricants, and coating, among others are expected to drive the growth of the fatty acid methyl ester market in the region

Key players operational in the fatty acid methyl ester market include Wilmar International Limited (Singapore), Cargill Inc. (U.S.), KLK Oleo (Malaysia), ADM Company (U.S.), Emery Oleochemicals (Malaysia), BASF SE (Germany), and others.

Browse Related Reports: 

Oleochemicals Market by Type (Fatty Acid, Fatty Alcohol, Glycerin, and Others), by Application (Pharmaceutical & personal care, Food & beverages, Soaps & detergents, Polymers, and Others), by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Trends and Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/oleochemicals-market-235516809.html

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
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Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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