Global Fatty Acid Market Information- by type (Saturated, Monounsaturated, Polyunsaturated, And Trans fats) by Application (Health Care, Food Industry, Lubricants, Agrochemicals, And Textile Industry) and by Region - Forecast till 2022
Pune, India -- (SBWIRE) -- 05/09/2018 -- For the industrial uses fatty acid found from chemical synthesis by the hydrolysis of triglycerides, two essential fatty acids, linoleic and alpha-linoleic, cannot be synthesized in the body and must be obtained from food. These basic fats are found in plant foods.
The major driving factors of fatty acid market are growing demand from personal and home care products and emerging economies in the Central and South America. In addition, the increasing demand from the cosmetic industry is expected to fuel market growth of fatty acids in near future.
Biological effects due to deficiency of fatty acids are expected to hamper the growth of fatty acids. Potential effects include blood pressure, stroke, coronary artery disease, inflammation and others may also hinder the product market growth.
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Development of new production facilities in China and Southeast Asia is likely to cause overcapacity in the global fatty acids market. In addition, existing participants face an increasing threat from cash-rich plantation companies moving downstream. These factors anticipate adding to price pressures.
The market is classified and analyzed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific Soda Ash market is largest market owing to robust industry growth of application industry in China and India. Increasing fatty acid production for producing Health Care, cosmetics industry, textile industry in emerging economies is expected to boost the market demand. Asia Pacific fatty acid market size is likely to witness highest gains over the forecast period owing to abundant availability of vegetable sources in countries such as Malaysia and Indonesia. Positive outlook on end-use industries such as rubber, food & beverages, plastics and textiles in countries like China & India is predict to drive demand.
Key regions like North America and Europe are likely to witness continue growth rates over the forecast period. European countries such as France and UK Germany are likely owing to growth of cosmetics industry. North American countries likely to witness a steady demand owing to growth in dietary supplements and foods consumption.
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