The report on the Global Fatty Acids Methyl Esters (FAME) Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Fatty acid methyl esters (FAME) is produced using the process of transesterification of vegetable oils and animal fats. Rapeseed, soybean, UCO, palm oils, sunflower and animal fat are used as raw materials in the production of fatty acid methyl esters. It is present in biodiesels and exhibits similar properties as conventional diesel, but it is non-toxic and biodegradable. Fatty acid methyl esters has high oxidation stability and hence it can be used under normal weather conditions.
The usage of these esters has increased exponentially since they are readily biodegradable and thus are less environmentally harmful. Fatty acids methyl esters are used as fuels in vehicles, machines and stationary power generators. In cosmetics and pharmaceuticals industries, it is used as a solvent. In the transportation industry, it has a dual usage i.e. it can be used as a fuel as well as a lubricant. They also find their application in the food and agriculture industry because they are biodegradable and eco-friendly in nature. Owing to the high oxidation stability they can be used as metal working fluids and play a role in manufacture of polymers
North America and Europe are the leading geographic markets for fatty acids methyl esters. Asia Pacific is estimated to be the rapid growing market for the forecast period. The rapid economic growth and government regulations for the control of the content of volatile organic compounds (VOCs) in the environment is a major driver for fatty acids methyl esters in Asia Pacific, Latin America and African regions.
The major manufacturers of fatty acids methyl esters are :
- Cargill
- Diester Industries
- ADM Biodiesel
- Biofuel Corporation
- Novaol
- Green Fuels
- Western Iowa Energy
- Biopetrol Industries
SEGMENTATIONS IN REPORT:
Fatty Acids Methyl Esters (FAME) By Application
- Agriculture
- Coatings
- Food
- Fuels
- Lubricants
- Metalworking Fluids
- Polymers
- Others
Fatty Acids Methyl Esters (FAME) By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Fatty Acids Methyl Esters (FAME) Market has been exhibited in detail in the following chapters -
Chapter 1 Fatty Acids Methyl Esters (FAME) Market Preface
Chapter 2 Executive Summary
Chapter 3 Fatty Acids Methyl Esters (FAME) Industry Analysis
Chapter 4 Fatty Acids Methyl Esters (FAME) Market Value Chain Analysis
Chapter 5 Fatty Acids Methyl Esters (FAME) Market Analysis By Application
Chapter 6 Fatty Acids Methyl Esters (FAME) Market Analysis By Geography
Chapter 7 Competitive Landscape Of Fatty Acids Methyl Esters (FAME) Companies
Chapter 8 Company Profiles Of Fatty Acids Methyl Esters (FAME) Industry