Global Market for Fatty Acid Methyl Esters to Reach 2,340.0 Million by 2021, Growing at CAGR of 4.0% by 2020
?Fatty acid esters are carboxylic esters produced by condensation of fatty acid with alcohol. Methanol reacts with fatty acid to form fatty acid methyl ester. Fatty acid methyl esters are bio-degradable and nontoxic in nature. Their properties depend on the oil used for the production of fatty acid methyl ester. Soybean oil, rapeseed oil, palm oil, sunflower oil and animal fats are used as the raw material for production of fatty acid methyl esters.
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