Global Palm Methyl Ester Derivatives Market To Tower Swiftly And Cross $2500 Million By 2026

As per Zion Market Research, the global palm methyl ester derivatives market is expected to cross $2500 million by 2026. Some of the prominent players active in the global market for palm methyl ester derivatives are The Procter & Gamble Company, Musim Mas Group, Wilmar International Ltd., Emery Oleochemicals Group, IOI Corporation Berhad, Oleon NV, KLK Oleo, and VVF LLC.

Requirement Of Chemicals In Various Chemical Formulations Predicted To Boost The Development Of Global Market

The growth of the market is predicted to be boosted by high-volume requirement for these chemicals in various chemical formulations such as cosmetics & personal care products, detergents & soaps, and agricultural products; and development in disposable revenue across the Latin America and Asia Pacific area.

The global palm methyl ester derivatives market is divided based on product, type, and application. In addition to this, the market is classified by type into palm kernel oil (PKO) and crude palm oil (CPO). Amongst these, PKO is predicted to add up for bigger volume share in the global market. High content of oil and its capability to offer helpful nutrients and properties (Vitamin A, antioxidants, and Vitamin K, and other unsaturated fats) to concluding formulations of product are credited to add for its high-volume requirement.

Soaps And Detergents Projected To Create The Biggest Requirement For Palm Methyl Ester Derivatives

The soaps and detergents segment is predicted to have the biggest share in the palm methyl ester derivatives market by volume. This is credited to the high-volume acceptance of palm-supported derivatives, such as stearates, linoleates, oleates, caprylates, palmitates, myristates, and laurates, in soaps and detergents owing to their high emulsifying power, low cost, high dispersibility, high lather & froth formation, and substantial performance in hard & soft wash conditions.

Browse the full “Palm Methyl Ester Derivatives Market - by Type (Palm Kernel Oil [PKO] and Crude Palm Oil [CPO]), by Application (Personal Care Products & Cosmetics, Soaps & Detergents, Lubricants & Additives, Food & Beverages, and Solvents), by Product (Methyl Laurate, Methyl Caprylate, Methyl Palmitate, Methyl Myristate, Methyl Oleate, Methyl Stearate, and Methyl Linoleate) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/palm-methyl-ester-derivative-market

The global palm methyl ester derivatives market is segmented as follows:

By Type

• Crude Palm Oil (CPO)
• Palm Kernel Oil (PKO)

By Product

• Methyl Caprylate
  • By application
    • Solvents
    • Agricultural products
    • Lubricants and additives
    • Food and beverages
    • Personal care products and cosmetics
    • Others
• Methyl Laurate
  • By application
    • Soaps and detergents
    • Solvents
    • Chemicals
    • Personal care products and cosmetics
    • Paints and inks
    • Food and beverages
    • Others
• Methyl Myristate
  • By application
    • Soaps and detergents
    • Lubricants and additives
    • Personal care products and cosmetics
    • Others
• Methyl Palmitate
  • By application
    • Soaps and detergents
    • Lubricants and additives
    • Food and beverages
    • Personal care products and cosmetics
    • Others
• Methyl Stearate
  • By application
    • Soaps and detergents
    • Lubricants and additives
    • Food and beverages
    • Personal care products and cosmetics
    • Others
• Methyl Oleate
  • By application
    • Soaps and detergents
    • Lubricants and additives
    • Personal care products and cosmetics
    • Solvents
    • Others
• Methyl Linoleate
  • By application
    • Soaps and detergents
    • Personal care products and cosmetics
    • Solvents
    • Food and beverages
    • Others
• Others

By Application

• Soaps and Detergents
• Personal Care Products and Cosmetics
• Food and Beverages
• Lubricants and Additives
• Solvents
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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