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Palm Methyl Ester Derivatives Global Market Report 2023

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  • Palm Methyl Laurate
  • Palm Methyl Myristate
  • Palm Methyl Palmitate
  • Palm Methyl Stearate
  • Palm Methyl Oleate
  • Palm Methyl Linoleate
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    • The Procter &Gamble Company
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“Palm Methyl Ester Derivatives Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on palm methyl ester derivatives market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for palm methyl ester derivatives ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The palm methyl ester derivatives market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

  • 1) By Product: Palm Methyl Caprylate; Palm Methyl Laurate; Palm Methyl Myristate; Palm Methyl Palmitate; Palm Methyl Stearate; Palm Methyl Oleate; Palm Methyl Linoleate
  • 2) By Source: Crude Palm Oil; Palm Kernel Oil
  • 3) By End-Use: Soaps and Detergents; Personal Care and Cosmetic Products; Food and Beverages; Lubricants and Additives; Solvents; Other End Users
  • Companies Mentioned: Wilmar International Ltd.; The Procter & Gamble Company; Carotino Group; KLK OLEO; Musim Mas
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the palm methyl ester derivatives market are Wilmar International Ltd., The Procter & Gamble Company, Carotino Group, KLK OLEO, Musim Mas, Peter Cremer North America LP, Emery Oleochemicals, Hebei Jingu Plasticizer Co. Ltd., Vantage Specialty Chemicals, Pmc Biogenix Inc., Ecogreen Oleochemicals, Oleon NV, Kao Corporation, Acme Synthetic Chemicals, and Haiyan Fine Chemical Co. Ltd.

The global palm methyl ester derivatives market is expected to grow from $3.47 billion in 2022 to $3.68 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The palm methyl ester derivatives market is expected to grow to $4.63 billion in 2027 at a CAGR of 5.9%.

The palm methyl ester derivatives market consists of sales of palm methyl ester derivatives used as feedstock for biodiesel production. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Palm methyl ester derivatives refer to a type of oleochemical derived from crude palm oil. Oleochemicals come from organic materials like plant and animal lipids. Palm methyl ester derivatives are primarily used in chemical compounds.

Asia-Pacific was the largest region in the palm methyl ester derivatives market in 2022. Europe was the second-largest region in the palm methyl ester derivatives market. The regions covered in the palm methyl ester derivatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main palm methyl ester derivatives are palm methyl caprylate, palm methyl laurate, palm methyl myristate, palm methyl palmitate, palm methyl stearate, palm methyl oleate, and palm methyl linoleate. Palm methyl caprylate belongs to a class of organic compounds known as fatty acid methyl esters. Palm methyl caprylate are used for cosmetic applications. These are sourced from crude palm oil and palm kernel oil. These are used by various end-users, such as soaps and detergents, personal care and cosmetic products, food and beverages, lubricants and additives, solvents, and others.

Rising awareness regarding natural ingredients used in personal care is expected to propel the growth of the palm methyl ester derivatives market going forward. Natural ingredients are substances that are derived from natural resources through physical processing. Palm methyl ester derivates are used in personal care products; eventually, demand for natural products will propel the growth of the market. For instance, according to a report published by Forbes, an US-based business magazine, in October 2022, 93% of buyers of beauty products regard to nature and animal welfare as essential factors and 9 out of 10 consumers agree that ethical factors, such as sustainability, should be taken into account when purchasing beauty goods. Therefore, the rising awareness regarding natural ingredients used in personal care is driving the palm methyl ester derivatives market.

Innovation is a key trend gaining popularity in the palm methyl ester derivatives market. Major companies operating in the palm methyl ester derivatives market are focusing on developing innovative extraction process to strengthen their market position. For instance, in November 2022, the America Chemical Society, a US-based scientific society, innovated a new extraction process of methyl ester from oil seeds through a single-step process using heterogeneous catalysts. Maximum oil was extracted using the heterogeneous catalyst in a single process rather than conventional two/three-process-step method.

In March 2022, Vantage Specialty Chemicals, a US-based provider of specialty ingredients and tailored solutions, acquired JEEN International Corporation for an undisclosed amount. Through this acquisition, combined resources will enable Vantage to expand its capabilities and gain leadership in the personal care ingredients space. JEEN International Corporation is a US-based manufacturer and supplier of specialty chemicals like lanolins and palm methyl esters.

The countries covered in the palm methyl ester derivatives market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The palm methyl ester derivatives market research report is one of a series of new reports from The Business Research Company that provides palm methyl ester derivatives market statistics, including palm methyl ester derivatives industry global market size, regional shares, competitors with a palm methyl ester derivatives market share, detailed palm methyl ester derivatives market segments, market trends and opportunities, and any further data you may need to thrive in the palm methyl ester derivatives industry. This palm methyl ester derivatives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Table of Contents

1. Executive Summary

2. Palm Methyl Ester Derivatives Market Characteristics

3. Palm Methyl Ester Derivatives Market Trends And Strategies

4. Palm Methyl Ester Derivatives Market - Macro Economic Scenario

  • 4.1. COVID-19 Impact On Palm Methyl Ester Derivatives Market
  • 4.2. Ukraine-Russia War Impact On Palm Methyl Ester Derivatives Market
  • 4.3. Impact Of High Inflation On Palm Methyl Ester Derivatives Market

5. Palm Methyl Ester Derivatives Market Size And Growth

  • 5.1. Global Palm Methyl Ester Derivatives Historic Market, 2017-2022, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Palm Methyl Ester Derivatives Forecast Market, 2022-2027F, 2032F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Palm Methyl Ester Derivatives Market Segmentation

  • 6.1. Global Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Palm Methyl Caprylate
  • Palm Methyl Laurate
  • Palm Methyl Myristate
  • Palm Methyl Palmitate
  • Palm Methyl Stearate
  • Palm Methyl Oleate
  • Palm Methyl Linoleate
  • 6.2. Global Palm Methyl Ester Derivatives Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Crude Palm Oil
  • Palm Kernel Oil
  • 6.3. Global Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Soaps And Detergents
  • Personal Care And Cosmetic Products
  • Food And Beverages
  • Lubricants And Additives
  • Solvents
  • Other End Users

7. Palm Methyl Ester Derivatives Market Regional And Country Analysis

  • 7.1. Global Palm Methyl Ester Derivatives Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 7.2. Global Palm Methyl Ester Derivatives Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Palm Methyl Ester Derivatives Market

  • 8.1. Asia-Pacific Palm Methyl Ester Derivatives Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 8.3. Asia-Pacific Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Palm Methyl Ester Derivatives Market

  • 9.1. China Palm Methyl Ester Derivatives Market Overview
  • 9.2. China Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
  • 9.3. China Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Palm Methyl Ester Derivatives Market

  • 10.1. India Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 10.2. India Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Palm Methyl Ester Derivatives Market

  • 11.1. Japan Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 11.2. Japan Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Palm Methyl Ester Derivatives Market

  • 12.1. Australia Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 12.2. Australia Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Palm Methyl Ester Derivatives Market

  • 13.1. Indonesia Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 13.2. Indonesia Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Palm Methyl Ester Derivatives Market

  • 14.1. South Korea Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 14.2. South Korea Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Palm Methyl Ester Derivatives Market

  • 15.1. Western Europe Palm Methyl Ester Derivatives Market Overview
  • 15.2. Western Europe Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 15.3. Western Europe Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Palm Methyl Ester Derivatives Market

  • 16.1. UK Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 16.2. UK Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Palm Methyl Ester Derivatives Market

  • 17.1. Germany Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 17.2. Germany Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Palm Methyl Ester Derivatives Market

  • 18.1. France Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 18.2. France Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Palm Methyl Ester Derivatives Market

  • 19.1. Eastern Europe Palm Methyl Ester Derivatives Market Overview
  • 19.2. Eastern Europe Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 19.3. Eastern Europe Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Palm Methyl Ester Derivatives Market

  • 20.1. Russia Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 20.2. Russia Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Palm Methyl Ester Derivatives Market

  • 21.1. North America Palm Methyl Ester Derivatives Market Overview
  • 21.2. North America Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 21.3. North America Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Palm Methyl Ester Derivatives Market

  • 22.1. USA Palm Methyl Ester Derivatives Market Overview
  • 22.2. USA Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 22.3. USA Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Palm Methyl Ester Derivatives Market

  • 23.1. South America Palm Methyl Ester Derivatives Market Overview
  • 23.2. South America Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 23.3. South America Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Palm Methyl Ester Derivatives Market

  • 24.1. Brazil Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 24.2. Brazil Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Palm Methyl Ester Derivatives Market

  • 25.1. Middle East Palm Methyl Ester Derivatives Market Overview
  • 25.2. Middle East Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 25.3. Middle East Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Palm Methyl Ester Derivatives Market

  • 26.1. Africa Palm Methyl Ester Derivatives Market Overview
  • 26.2. Africa Palm Methyl Ester Derivatives Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 26.3. Africa Palm Methyl Ester Derivatives Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Palm Methyl Ester Derivatives Market Competitive Landscape And Company Profiles

  • 27.1. Palm Methyl Ester Derivatives Market Competitive Landscape
  • 27.2. Palm Methyl Ester Derivatives Market Company Profiles
    • 27.2.1. Wilmar International Ltd.
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. The Procter & Gamble Company
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Carotino Group
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. KLK OLEO
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Musim Mas
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Palm Methyl Ester Derivatives Market

29. Palm Methyl Ester Derivatives Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Historic And Forecast Inflation Rates
  • 30.4. Research Inquiries
  • 30.5. The Business Research Company
  • 30.6. Copyright And Disclaimer
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