Research Nester published a report titled “Distilled Fatty Acids Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global distilled fatty acids market in terms of market segmentation by type, source, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global distilled fatty acids market is estimated to grow at a CAGR of ~7.0% over the forecast period, i.e., 2023 – 2033. The market is segmented on the basis of application, into PVC stabilizer, lubricant, food additives, cosmetics, animal feed, and others, out of which, the cosmetics segment is anticipated to hold a substantial share over the forecast period owing to the high demand for distilled fatty acids for manufacturing personal care and cosmetic products, including soaps, lotions, and others.

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The global distilled fatty acids market is anticipated to witness growth on the back of increasing demand for distilled fatty acids as an alternative to palm oils, backed by higher stability and purity of distilled fatty acids. Moreover, these fatty acids do not have any odor or color, making them idea to use as additives. Along with this, the growing demand for cosmetics is also estimated to boost the market growth.

On the basis of geographical analysis, the global distilled fatty acids market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period, on the back of the growing cosmetic industry in the developed nations, including the U.S. For instance, nearly USD 90 billion revenue was generated in 2018 by the U.S. cosmetic industry.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

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Growing Application in the Cosmetic Industry to Boost the Market Growth

One of the primary uses of distilled fatty acids is as an emulsifier, in making soaps, creams, and lotions. Emulsifiers are used to bind the water and fat molecules in any solution, which is required for providing hydration to the skin. The growing use in the cosmetics industry is estimated to boost the demand for distilled fatty acids in the market.

However, high production cost of distilled fatty acids is expected to operate as key restraint to the growth of global distilled fatty acids market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global distilled fatty acids market which includes company profiling ofAgarwal Industries Private Limited, ExcelVite Sdn. Bhd., KLK OLEO, Wilmar International Limited, Oleon NV, Timur Oleochemical, Lascaray S.A., Kraton Performance Polymers, and Inc, Chemol Company Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global distilled fatty acids market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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