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Global Palm Methyl Ester Derivatives Market Size Study & Forecast, by Product by Source, by End Use and Regional Analysis, 2022-2029

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ksm 23.05.25

Global Palm Methyl Ester Derivatives Market is valued at approximately USD 1.79 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3 % over the forecast period 2022-2029. Biodiesel (methyl esters) is defined as a clean alternative fuel which is mainly derived from renewable resources. Palm oil and other vegetable-based oils are mainly used as feedstock for biodiesel production. Moreover, derivatives of palm Methyl Ester have application in a wide range of industries such as chemical intermediates in surfactants including soaps & detergents. The increasing expansion of the soap & detergent industry worldwide and shifting consumer preferences for natural materials are key factors driving the market growth.

The increasing expansion of the soap & detergent industry is contributing towards the growth of the Global Palm Ester Derivatives Market. For instance - as per Statista - as of 2019, the global laundry detergent market was valued at USD 120 billion, and the market is further projected to reach USD 180 billion by 2026. Also, rising demand for food emulsifiers as well as high demand from the personal care and cosmetic industry would create a lucrative growth prospectus for the market over the projected period. However, the limited availability of raw materials and concern over deforestation for palm tree framing hinder the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Palm Methyl Ester Derivatives Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing demand for organic ingredient-based products as well as the presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising expansion of a wide range of industries, such as food and beverage, personal care, biodiesel, and lubricants and availability of low-cost raw materials in the region.

Major market player included in this report are:

  • Musim Mas
  • Oleon NV
  • KLK Oleo
  • Wilmar International Limited
  • VVF LLC
  • Emery Oleochemicals Group
  • Carotino Group
  • Ecogreen Oleochemicals
  • Kao Corporation
  • Apical Group

Recent Developments in the Market:

  • In May 2022, Olean NV announced the development of a new production facility in Baytown, Texas, near Houston. The facility is scheduled to open by the end of 2023. This expansion aims to increase ester production.

Global Palm Methyl Ester Derivatives Market Report Scope:

  • Historical Data 2019-2020-2021
  • Base Year for Estimation 2021
  • Forecast period 2022-2029
  • Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered Product, Source, End Use, Region
  • Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
  • Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product:

  • Palm Methyl Caprylate
  • Palm Methyl Laurate
  • Palm Methyl Myristate
  • Palm Methyl Palmitate
  • Palm Methyl Stearate
  • Palm Methyl Oleate
  • Palm Methyl Linoleate

By Source:

  • Crude Palm Oil
  • Palm Kernel Oil

By End-use:

  • Soaps & Detergents
  • Personal Care & Cosmetic Products
  • Food & Beverages
  • Lubricants & Additives
  • Solvents

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • RoLA
  • Rest of the World

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
    • 1.2.1. Palm Methyl Ester Derivatives Market, by Region, 2019-2029 (USD Billion)
    • 1.2.2. Palm Methyl Ester Derivatives Market, by Product, 2019-2029 (USD Billion)
    • 1.2.3. Palm Methyl Ester Derivatives Market, by Source, 2019-2029 (USD Billion)
    • 1.2.4. Palm Methyl Ester Derivatives Market, by End Use, 2019-2029 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Palm Methyl Ester Derivatives Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Palm Methyl Ester Derivatives Market Dynamics

  • 3.1. Palm Methyl Ester Derivatives Market Impact Analysis (2019-2029)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing expansion of soaps & detergents industry worldwide
      • 3.1.1.2. Shifting consumer preferences for natural materials
    • 3.1.2. Market Challenges
      • 3.1.2.1. Limited availability of raw materials
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising demand for food emulsifiers
      • 3.1.3.2. High demand from personal care and cosmetic industry

Chapter 4. Global Palm Methyl Ester Derivatives Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
  • 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
  • 4.3. PEST Analysis
    • 4.3.1. Political
    • 4.3.2. Economical
    • 4.3.3. Social
    • 4.3.4. Technological
  • 4.4. Top investment opportunity
  • 4.5. Top winning strategies
  • 4.6. Industry Experts Prospective
  • 4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

  • 5.1. Assessment of the overall impact of COVID-19 on the industry
  • 5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Palm Methyl Ester Derivatives Market, by Product

  • 6.1. Market Snapshot
  • 6.2. Global Palm Methyl Ester Derivatives Market by Product, Performance - Potential Analysis
  • 6.3. Global Palm Methyl Ester Derivatives Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
  • 6.4. Palm Methyl Ester Derivatives Market, Sub Segment Analysis
    • 6.4.1. Palm Methyl Caprylate
    • 6.4.2. Palm Methyl Laurate
    • 6.4.3. Palm Methyl Myristate
    • 6.4.4. Palm Methyl Palmitate
    • 6.4.5. Palm Methyl Stearate
    • 6.4.6. Palm Methyl Oleate
    • 6.4.7. Palm Methyl Linoleate

Chapter 7. Global Palm Methyl Ester Derivatives Market, by Source

  • 7.1. Market Snapshot
  • 7.2. Global Palm Methyl Ester Derivatives Market by Source, Performance - Potential Analysis
  • 7.3. Global Palm Methyl Ester Derivatives Market Estimates & Forecasts by Source 2019-2029 (USD Billion)
  • 7.4. Palm Methyl Ester Derivatives Market, Sub Segment Analysis
    • 7.4.1. Crude Palm Oil
    • 7.4.2. Palm Kernel Oil

Chapter 8. Global Palm Methyl Ester Derivatives Market, by End Use

  • 8.1. Market Snapshot
  • 8.2. Global Palm Methyl Ester Derivatives Market by End Use, Performance - Potential Analysis
  • 8.3. Global Palm Methyl Ester Derivatives Market Estimates & Forecasts by End Use 2019-2029 (USD Billion)
  • 8.4. Palm Methyl Ester Derivatives Market, Sub Segment Analysis
    • 8.4.1. Soaps & Detergents
    • 8.4.2. Personal Care & Cosmetic Products
    • 8.4.3. Food & Beverages
    • 8.4.4. Lubricants & Additives
    • 8.4.5. Solvents

Chapter 9. Global Palm Methyl Ester Derivatives Market, Regional Analysis

  • 9.1. Palm Methyl Ester Derivatives Market, Regional Market Snapshot
  • 9.2. North America Palm Methyl Ester Derivatives Market
    • 9.2.1. U.S. Palm Methyl Ester Derivatives Market
      • 9.2.1.1. Product breakdown estimates & forecasts, 2019-2029
      • 9.2.1.2. Source breakdown estimates & forecasts, 2019-2029
      • 9.2.1.3. End Use breakdown estimates & forecasts, 2019-2029
    • 9.2.2. Canada Palm Methyl Ester Derivatives Market
  • 9.3. Europe Palm Methyl Ester Derivatives Market Snapshot
    • 9.3.1. U.K. Palm Methyl Ester Derivatives Market
    • 9.3.2. Germany Palm Methyl Ester Derivatives Market
    • 9.3.3. France Palm Methyl Ester Derivatives Market
    • 9.3.4. Spain Palm Methyl Ester Derivatives Market
    • 9.3.5. Italy Palm Methyl Ester Derivatives Market
    • 9.3.6. Rest of Europe Palm Methyl Ester Derivatives Market
  • 9.4. Asia-Pacific Palm Methyl Ester Derivatives Market Snapshot
    • 9.4.1. China Palm Methyl Ester Derivatives Market
    • 9.4.2. India Palm Methyl Ester Derivatives Market
    • 9.4.3. Japan Palm Methyl Ester Derivatives Market
    • 9.4.4. Australia Palm Methyl Ester Derivatives Market
    • 9.4.5. South Korea Palm Methyl Ester Derivatives Market
    • 9.4.6. Rest of Asia Pacific Palm Methyl Ester Derivatives Market
  • 9.5. Latin America Palm Methyl Ester Derivatives Market Snapshot
    • 9.5.1. Brazil Palm Methyl Ester Derivatives Market
    • 9.5.2. Mexico Palm Methyl Ester Derivatives Market
    • 9.5.3. Rest of Latin America Palm Methyl Ester Derivatives Market
  • 9.6. Rest of The World Palm Methyl Ester Derivatives Market

Chapter 10. Competitive Intelligence

  • 10.1. Top Market Strategies
  • 10.2. Company Profiles
    • 10.2.1. Musim Mas
      • 10.2.1.1. Key Information
      • 10.2.1.2. Overview
      • 10.2.1.3. Financial (Subject to Data Availability)
      • 10.2.1.4. Product Summary
      • 10.2.1.5. Recent Developments
    • 10.2.2. Oleon NV
    • 10.2.3. KLK Oleo
    • 10.2.4. Wilmar International Limited
    • 10.2.5. VVF LLC
    • 10.2.6. Emery Oleochemicals Group
    • 10.2.7. Carotino Group
    • 10.2.8. Ecogreen Oleochemicals
    • 10.2.9. Kao Corporation
    • 10.2.10. Apical Group

Chapter 11. Research Process

  • 11.1. Research Process
    • 11.1.1. Data Mining
    • 11.1.2. Analysis
    • 11.1.3. Market Estimation
    • 11.1.4. Validation
    • 11.1.5. Publishing
  • 11.2. Research Attributes
  • 11.3. Research Assumption
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