세계의 팜 지방산 증류물(PFAD) : 시장 점유율과 순위, 전체 판매량 및 수요 예측(2025-2031년)

The global market for Palm Fatty Acid Distillate (PFAD) was estimated to be worth US$ 3494 million in 2024 and is forecast to a readjusted size of US$ 4676 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Palm Fatty Acid Distillate (PFAD) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Palm Fatty Acid Distillate (PFAD) is a by-product obtained during the physical refining of crude palm oil. It is rich in free fatty acids (mainly palmitic acid), along with minor amounts of glycerides, sterols, and tocopherols. PFAD is a versatile raw material used in multiple industries, including oleochemicals (soap, detergents, and surfactants), biodiesel production, animal feed, and even niche applications in rubber processing and waxes. Its economic attractiveness lies in being a cost-effective feedstock compared to refined oils, making it particularly valuable in industries where price competitiveness and sustainability are crucial.

Global sales of Palm Fatty Acid Distillate (PFAD) reached nearly 4 million metric tons in 2024, with an average ex-factory price of approximately $880 per metric ton.

Regional Market Analysis

Asia-Pacific dominates the PFAD market, primarily due to the strong production base of palm oil in Malaysia and Indonesia, which collectively account for more than 80% of global supply. In this region, PFAD is extensively utilized in the oleochemical sector and as a feedstock for biodiesel, especially in Indonesia, where the government enforces ambitious biodiesel blending mandates (B35 and beyond). China and India are major importers, driven by demand from soap and detergent manufacturing, as well as for industrial fatty acid derivatives. Additionally, the push toward sustainable biofuels in Southeast Asia has expanded the role of PFAD as a cost-efficient biodiesel raw material.

Europe's PFAD demand is mainly tied to biodiesel production, with PFAD classified as a waste/residue feedstock under the EU's Renewable Energy Directive (RED II), which grants favorable greenhouse gas (GHG) reduction credits. Countries such as Germany, the Netherlands, and Spain use PFAD-based biodiesel to meet renewable energy targets, thereby creating steady demand. However, the market is influenced by regulatory debates regarding indirect land use change (ILUC) and sustainability concerns, which may affect PFAD imports from Asia in the longer term.

In North America, PFAD consumption is relatively smaller but growing, mainly in biodiesel and oleochemical applications. The U.S. and Canada are focusing on low-carbon fuel standards and renewable diesel expansion, which may increase the attractiveness of PFAD as a feedstock. However, competition with other waste-based oils (e.g., used cooking oil, tallow) and stricter sustainability certification requirements may limit its growth compared to Europe and Asia.

The Middle East is gradually expanding PFAD imports for both biodiesel blending and soap industries, particularly in Gulf countries where local manufacturing of detergents and oleochemicals is increasing. Africa, on the other hand, has a relatively smaller but emerging market, with PFAD used in animal feed and basic soap production. Market expansion is likely as industrialization and demand for affordable raw materials increase.

Latin America, especially Brazil, is witnessing rising biodiesel demand, and PFAD is becoming an alternative feedstock to soybean oil in biodiesel blending. The region's oleochemical industry is smaller compared to Asia, but PFAD is being increasingly adopted in low-cost soap manufacturing and biofuel supply chains.

This report aims to provide a comprehensive presentation of the global market for Palm Fatty Acid Distillate (PFAD), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Palm Fatty Acid Distillate (PFAD) by region & country, by Type, and by Application.

The Palm Fatty Acid Distillate (PFAD) market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Palm Fatty Acid Distillate (PFAD).

Market Segmentation

By Company

• FGV Holdings
• Wilmar International
• Sime Darby Plantation
• IOI Group
• RGE Group
• Golden Agri Resources
• Musim Mas
• Astra Agro Lestari
• Genting Plantations
• First Resources
• Indofood Agri Resources
• Sarawak Oil Palms Berhad
• Future Prelude
• Permata Hijau Group

Segment by Type

• FFA Content 70%-73%
• FFA Content 73%-77%
• FFA Content 77% and Above

Segment by Application

• Oleochemicals
• Feed
• Biofuel
• Others

By Region

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Netherlands
  • Nordic Countries
  • Rest of Europe
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Palm Fatty Acid Distillate (PFAD) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Palm Fatty Acid Distillate (PFAD) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Palm Fatty Acid Distillate (PFAD) in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

• 1.1 Palm Fatty Acid Distillate (PFAD) Product Introduction
• 1.2 Global Palm Fatty Acid Distillate (PFAD) Market Size Forecast
  • 1.2.1 Global Palm Fatty Acid Distillate (PFAD) Sales Value (2020-2031)
  • 1.2.2 Global Palm Fatty Acid Distillate (PFAD) Sales Volume (2020-2031)
  • 1.2.3 Global Palm Fatty Acid Distillate (PFAD) Sales Price (2020-2031)
• 1.3 Palm Fatty Acid Distillate (PFAD) Market Trends & Drivers
  • 1.3.1 Palm Fatty Acid Distillate (PFAD) Industry Trends
  • 1.3.2 Palm Fatty Acid Distillate (PFAD) Market Drivers & Opportunity
  • 1.3.3 Palm Fatty Acid Distillate (PFAD) Market Challenges
  • 1.3.4 Palm Fatty Acid Distillate (PFAD) Market Restraints
• 1.4 Assumptions and Limitations
• 1.5 Study Objectives
• 1.6 Years Considered

2 Competitive Analysis by Company

• 2.1 Global Palm Fatty Acid Distillate (PFAD) Players Revenue Ranking (2024)
• 2.2 Global Palm Fatty Acid Distillate (PFAD) Revenue by Company (2020-2025)
• 2.3 Global Palm Fatty Acid Distillate (PFAD) Players Sales Volume Ranking (2024)
• 2.4 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Company Players (2020-2025)
• 2.5 Global Palm Fatty Acid Distillate (PFAD) Average Price by Company (2020-2025)
• 2.6 Key Manufacturers Palm Fatty Acid Distillate (PFAD) Manufacturing Base and Headquarters
• 2.7 Key Manufacturers Palm Fatty Acid Distillate (PFAD) Product Offered
• 2.8 Key Manufacturers Time to Begin Mass Production of Palm Fatty Acid Distillate (PFAD)
• 2.9 Palm Fatty Acid Distillate (PFAD) Market Competitive Analysis
  • 2.9.1 Palm Fatty Acid Distillate (PFAD) Market Concentration Rate (2020-2025)
  • 2.9.2 Global 5 and 10 Largest Manufacturers by Palm Fatty Acid Distillate (PFAD) Revenue in 2024
  • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Palm Fatty Acid Distillate (PFAD) as of 2024)
• 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

• 3.1 Introduction by Type
  • 3.1.1 FFA Content 70%-73%
  • 3.1.2 FFA Content 73%-77%
  • 3.1.3 FFA Content 77% and Above
• 3.2 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Type
  • 3.2.1 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Type (2020 VS 2024 VS 2031)
  • 3.2.2 Global Palm Fatty Acid Distillate (PFAD) Sales Value, by Type (2020-2031)
  • 3.2.3 Global Palm Fatty Acid Distillate (PFAD) Sales Value, by Type (%) (2020-2031)
• 3.3 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Type
  • 3.3.1 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Type (2020 VS 2024 VS 2031)
  • 3.3.2 Global Palm Fatty Acid Distillate (PFAD) Sales Volume, by Type (2020-2031)
  • 3.3.3 Global Palm Fatty Acid Distillate (PFAD) Sales Volume, by Type (%) (2020-2031)
• 3.4 Global Palm Fatty Acid Distillate (PFAD) Average Price by Type (2020-2031)

4 Segmentation by Application

• 4.1 Introduction by Application
  • 4.1.1 Oleochemicals
  • 4.1.2 Feed
  • 4.1.3 Biofuel
  • 4.1.4 Others
• 4.2 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Application
  • 4.2.1 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Application (2020 VS 2024 VS 2031)
  • 4.2.2 Global Palm Fatty Acid Distillate (PFAD) Sales Value, by Application (2020-2031)
  • 4.2.3 Global Palm Fatty Acid Distillate (PFAD) Sales Value, by Application (%) (2020-2031)
• 4.3 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Application
  • 4.3.1 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Application (2020 VS 2024 VS 2031)
  • 4.3.2 Global Palm Fatty Acid Distillate (PFAD) Sales Volume, by Application (2020-2031)
  • 4.3.3 Global Palm Fatty Acid Distillate (PFAD) Sales Volume, by Application (%) (2020-2031)
• 4.4 Global Palm Fatty Acid Distillate (PFAD) Average Price by Application (2020-2031)

5 Segmentation by Region

• 5.1 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Region
  • 5.1.1 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Region: 2020 VS 2024 VS 2031
  • 5.1.2 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Region (2020-2025)
  • 5.1.3 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Region (2026-2031)
  • 5.1.4 Global Palm Fatty Acid Distillate (PFAD) Sales Value by Region (%), (2020-2031)
• 5.2 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Region
  • 5.2.1 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Region: 2020 VS 2024 VS 2031
  • 5.2.2 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Region (2020-2025)
  • 5.2.3 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Region (2026-2031)
  • 5.2.4 Global Palm Fatty Acid Distillate (PFAD) Sales Volume by Region (%), (2020-2031)
• 5.3 Global Palm Fatty Acid Distillate (PFAD) Average Price by Region (2020-2031)
• 5.4 North America
  • 5.4.1 North America Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 5.4.2 North America Palm Fatty Acid Distillate (PFAD) Sales Value by Country (%), 2024 VS 2031
• 5.5 Europe
  • 5.5.1 Europe Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 5.5.2 Europe Palm Fatty Acid Distillate (PFAD) Sales Value by Country (%), 2024 VS 2031
• 5.6 Asia Pacific
  • 5.6.1 Asia Pacific Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 5.6.2 Asia Pacific Palm Fatty Acid Distillate (PFAD) Sales Value by Region (%), 2024 VS 2031
• 5.7 South America
  • 5.7.1 South America Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 5.7.2 South America Palm Fatty Acid Distillate (PFAD) Sales Value by Country (%), 2024 VS 2031
• 5.8 Middle East & Africa
  • 5.8.1 Middle East & Africa Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 5.8.2 Middle East & Africa Palm Fatty Acid Distillate (PFAD) Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

• 6.1 Key Countries/Regions Palm Fatty Acid Distillate (PFAD) Sales Value Growth Trends, 2020 VS 2024 VS 2031
• 6.2 Key Countries/Regions Palm Fatty Acid Distillate (PFAD) Sales Value and Sales Volume
  • 6.2.1 Key Countries/Regions Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 6.2.2 Key Countries/Regions Palm Fatty Acid Distillate (PFAD) Sales Volume, 2020-2031
• 6.3 United States
  • 6.3.1 United States Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 6.3.2 United States Palm Fatty Acid Distillate (PFAD) Sales Value by Type (%), 2024 VS 2031
  • 6.3.3 United States Palm Fatty Acid Distillate (PFAD) Sales Value by Application, 2024 VS 2031
• 6.4 Europe
  • 6.4.1 Europe Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 6.4.2 Europe Palm Fatty Acid Distillate (PFAD) Sales Value by Type (%), 2024 VS 2031
  • 6.4.3 Europe Palm Fatty Acid Distillate (PFAD) Sales Value by Application, 2024 VS 2031
• 6.5 China
  • 6.5.1 China Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 6.5.2 China Palm Fatty Acid Distillate (PFAD) Sales Value by Type (%), 2024 VS 2031
  • 6.5.3 China Palm Fatty Acid Distillate (PFAD) Sales Value by Application, 2024 VS 2031
• 6.6 Japan
  • 6.6.1 Japan Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 6.6.2 Japan Palm Fatty Acid Distillate (PFAD) Sales Value by Type (%), 2024 VS 2031
  • 6.6.3 Japan Palm Fatty Acid Distillate (PFAD) Sales Value by Application, 2024 VS 2031
• 6.7 South Korea
  • 6.7.1 South Korea Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 6.7.2 South Korea Palm Fatty Acid Distillate (PFAD) Sales Value by Type (%), 2024 VS 2031
  • 6.7.3 South Korea Palm Fatty Acid Distillate (PFAD) Sales Value by Application, 2024 VS 2031
• 6.8 Southeast Asia
  • 6.8.1 Southeast Asia Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 6.8.2 Southeast Asia Palm Fatty Acid Distillate (PFAD) Sales Value by Type (%), 2024 VS 2031
  • 6.8.3 Southeast Asia Palm Fatty Acid Distillate (PFAD) Sales Value by Application, 2024 VS 2031
• 6.9 India
  • 6.9.1 India Palm Fatty Acid Distillate (PFAD) Sales Value, 2020-2031
  • 6.9.2 India Palm Fatty Acid Distillate (PFAD) Sales Value by Type (%), 2024 VS 2031
  • 6.9.3 India Palm Fatty Acid Distillate (PFAD) Sales Value by Application, 2024 VS 2031

7 Company Profiles

• 7.1 FGV Holdings
  • 7.1.1 FGV Holdings Company Information
  • 7.1.2 FGV Holdings Introduction and Business Overview
  • 7.1.3 FGV Holdings Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.1.4 FGV Holdings Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.1.5 FGV Holdings Recent Development
• 7.2 Wilmar International
  • 7.2.1 Wilmar International Company Information
  • 7.2.2 Wilmar International Introduction and Business Overview
  • 7.2.3 Wilmar International Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.2.4 Wilmar International Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.2.5 Wilmar International Recent Development
• 7.3 Sime Darby Plantation
  • 7.3.1 Sime Darby Plantation Company Information
  • 7.3.2 Sime Darby Plantation Introduction and Business Overview
  • 7.3.3 Sime Darby Plantation Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.3.4 Sime Darby Plantation Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.3.5 Sime Darby Plantation Recent Development
• 7.4 IOI Group
  • 7.4.1 IOI Group Company Information
  • 7.4.2 IOI Group Introduction and Business Overview
  • 7.4.3 IOI Group Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.4.4 IOI Group Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.4.5 IOI Group Recent Development
• 7.5 RGE Group
  • 7.5.1 RGE Group Company Information
  • 7.5.2 RGE Group Introduction and Business Overview
  • 7.5.3 RGE Group Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.5.4 RGE Group Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.5.5 RGE Group Recent Development
• 7.6 Golden Agri Resources
  • 7.6.1 Golden Agri Resources Company Information
  • 7.6.2 Golden Agri Resources Introduction and Business Overview
  • 7.6.3 Golden Agri Resources Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.6.4 Golden Agri Resources Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.6.5 Golden Agri Resources Recent Development
• 7.7 Musim Mas
  • 7.7.1 Musim Mas Company Information
  • 7.7.2 Musim Mas Introduction and Business Overview
  • 7.7.3 Musim Mas Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.7.4 Musim Mas Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.7.5 Musim Mas Recent Development
• 7.8 Astra Agro Lestari
  • 7.8.1 Astra Agro Lestari Company Information
  • 7.8.2 Astra Agro Lestari Introduction and Business Overview
  • 7.8.3 Astra Agro Lestari Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.8.4 Astra Agro Lestari Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.8.5 Astra Agro Lestari Recent Development
• 7.9 Genting Plantations
  • 7.9.1 Genting Plantations Company Information
  • 7.9.2 Genting Plantations Introduction and Business Overview
  • 7.9.3 Genting Plantations Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.9.4 Genting Plantations Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.9.5 Genting Plantations Recent Development
• 7.10 First Resources
  • 7.10.1 First Resources Company Information
  • 7.10.2 First Resources Introduction and Business Overview
  • 7.10.3 First Resources Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.10.4 First Resources Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.10.5 First Resources Recent Development
• 7.11 Indofood Agri Resources
  • 7.11.1 Indofood Agri Resources Company Information
  • 7.11.2 Indofood Agri Resources Introduction and Business Overview
  • 7.11.3 Indofood Agri Resources Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.11.4 Indofood Agri Resources Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.11.5 Indofood Agri Resources Recent Development
• 7.12 Sarawak Oil Palms Berhad
  • 7.12.1 Sarawak Oil Palms Berhad Company Information
  • 7.12.2 Sarawak Oil Palms Berhad Introduction and Business Overview
  • 7.12.3 Sarawak Oil Palms Berhad Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.12.4 Sarawak Oil Palms Berhad Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.12.5 Sarawak Oil Palms Berhad Recent Development
• 7.13 Future Prelude
  • 7.13.1 Future Prelude Company Information
  • 7.13.2 Future Prelude Introduction and Business Overview
  • 7.13.3 Future Prelude Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.13.4 Future Prelude Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.13.5 Future Prelude Recent Development
• 7.14 Permata Hijau Group
  • 7.14.1 Permata Hijau Group Company Information
  • 7.14.2 Permata Hijau Group Introduction and Business Overview
  • 7.14.3 Permata Hijau Group Palm Fatty Acid Distillate (PFAD) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.14.4 Permata Hijau Group Palm Fatty Acid Distillate (PFAD) Product Offerings
  • 7.14.5 Permata Hijau Group Recent Development

8 Industry Chain Analysis

• 8.1 Palm Fatty Acid Distillate (PFAD) Industrial Chain
• 8.2 Palm Fatty Acid Distillate (PFAD) Upstream Analysis
  • 8.2.1 Key Raw Materials
  • 8.2.2 Raw Materials Key Suppliers
  • 8.2.3 Manufacturing Cost Structure
• 8.3 Midstream Analysis
• 8.4 Downstream Analysis (Customers Analysis)
• 8.5 Sales Model and Sales Channels
  • 8.5.1 Palm Fatty Acid Distillate (PFAD) Sales Model
  • 8.5.2 Sales Channel
  • 8.5.3 Palm Fatty Acid Distillate (PFAD) Distributors

9 Research Findings and Conclusion

10 Appendix

• 10.1 Research Methodology
  • 10.1.1 Methodology/Research Approach
    • 10.1.1.1 Research Programs/Design
    • 10.1.1.2 Market Size Estimation
    • 10.1.1.3 Market Breakdown and Data Triangulation
  • 10.1.2 Data Source
    • 10.1.2.1 Secondary Sources
    • 10.1.2.2 Primary Sources
• 10.2 Author Details
• 10.3 Disclaimer