NEW YORK, March 4, 2015 /PRNewswire/ -- REPORT
HIGHLIGHTS
The global market for natural fatty acids reached nearly
$17.1 billion and $18.3 billion in 2013 and 2014, respectively.
This market is expected to grow at a compound annual growth rate
(CAGR) of 7.1% to $25.7 billion for
the period 2014-2019.
This report provides:
An overview of the global markets for oleochemicals, including
natural fatty acids, biodiesel and methyl esters, glycerine, as
well as derivatives such as soaps, dimers, branched fatty acids,
and fatty alcohols.
Analyses of global market trends, with data from 2013 and 2014, and
projections of CAGRs through 2019.
Examination of applications by end market, such as household,
personal care, oil field, and lubricants.
Discussion of current and potential legislation that will affect
the industry.
Coverage of consumer trends that drive many of the end markets,
such as cleaning, beauty, and food.
SCOPE AND FORMAT
As the social condition of citizens in the developing nations rises
so too will the demand from these communities for more premium and
westernized products, reflecting the higher standard of living
status.
Oleochemicals, such as fatty acids, will be a vital link in the
supply chain as their outstanding functionality and versatility
make them ideal to be used in a multitude of applications. On top
of this, the high reactivity of this acid enables the production of
a range of derivatives that can be tailored to meet the needs of a
number of end-using industries, working with the formulators to
produce the ideal blend of functionality and performance.
The range of derivatives is dependent on the reaction site used.
Derivatives can be produced using the acid functionality such as
saponification, esterification, ethoxylation or amination, while
derivatives based on the unsaturation include isomerization,
dimerization, epoxidation and hydrogenation acids.
Fatty acids and their derivatives have a range of functionality
that can be used to support the move away from the
petrochemical-based platform that is reliant on the rapidly
reducing fossil fuel industry since all the easy oil has been
extracted and the remaining oil is more inaccessible, more remote
and located in more inhospitable environments. While the equivalent
renewable biorefinery-type platform has a long way to go to be
commercially viable and suitable to replace the petrochemical
platform, oleochemicals will be a major contributor to such
development. For instance the ester derivatives have the
functionality of surfactancy, lubricity and solvency, which deliver
the following benefits:
The ability to reduce the surface tension between a polar and an
apolar medium, which is important for cleaning and
emulsification.
The ability to reduce friction, which is needed for lubricant
applications.
The ability to dissolve chemicals, which is key to providing a
greener solvent substitution for cleaning.
This report provides an understanding of how the composition of
various fats and oils transform into the range, quality and types
of acids produced and the applications for which those acids can be
used. It explores the various attributes of different acid types
and how these cuts compete with synthetic formed products from the
petrochemical route and the major applications outlets.
This study will reveal the developments and research that
demonstrate the green credentials of the oleochemical family and
how these credentials are changing the environmental profile of the
chemical-using industry. This is helpful to the transformation from
that of a major polluter to an industry working in harmony with its
environment to meet the needs of the current generation without
detrimental effects on its surroundings that would impact the
generations to come.
The study is divided into a number of sections and covers the
following fatty acid types:
Stearic acid.
Distilled fatty acids.
Fractionated fatty acids.
Polyunsaturated acids, including tall oil fatty acids.
Oleic acids.
The fatty acid oleochemical business is important for the following
reasons:
It is a major source of surfactants, which are starting materials
for the detergent, cleaning and personal care industries.
The functionality and performance combination enables formulators
to deliver tailored solutions to meet a variety of customers'
needs.
It is an important cornerstone in the development of a sustainable
chemical platform to reduce the reliance on fossil-fuel-based
chemistry.
It promotes the development of green chemistry that is
environmentally friendly.
Conversion of solid fats and liquid vegetable oils into a straight
chain saturated or unsaturated carboxylic acid can be used in
edible and nonedible markets.
Read the full report:
http://www.reportlinker.com/p01080060-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution that
finds, filters and organizes the latest industry data so you get
all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/global-markets-for-oleochemical-fatty-acids-300045503.html
SOURCE Reportlinker