The global fatty acid methyl ester (FAME) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of the fatty acid methyl ester (FAME) market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Pune, India -- (SBWire) -- 08/14/2018 --Fatty Acid Methyl Ester (FAME) Market Overview By Market Type (Rapeseed Methyl Ester, Soya Methyl Ester, Palm Oil Methyl Ester, Other), By Application (Lubricants, Fuels, Coatings, Metal Working Fluids, Food & Agriculture, Other), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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The global fatty acid methyl ester (FAME) market is expected to reach USD 25.2 billion by 2025, from USD 17.1 billion in 2017 growing at a CAGR of 5.0% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

According to National Center for Biotechnology Information (NCBI), it has been estimated that by 2050, the people falling under the age of 80 years will contribute 10.4% of the Poland population as compared to that of 2013 which was 3.9%. As per the Africa Agriculture Status Report, in 2017, the World Bank estimated that by 2030 the growth in African food market will increase from USD 1 trillion toUSD 300 billion. By 2050 demand for food is also projected to be doubled. This above factor proves that the demand for cosmetics, biodiesel and food products around the globe is growing and will drive the demand for fatty acid methyl ester (FAME).

Key players in the market are

- KLK Oleo,
- Archer Daniels Midland Company,
- Wilmar International Limited, Berg + Schmidt,
- Emery Oleochemicals Group,
- Longyan Zhuoyue New Energy Co. Ltd.,
- Alnor Oil Co. Inc,
- Avantor Performance Materials, Eastman Chemical Company,
- FUSHIMI Pharmaceutical Co.,
- The Chemical Company,
- Velsicol Chemical LLC,
- Smart Chemicals Group Co.,
- Swastik Industries,
- Hemadri Chemicals among others.

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Global Fatty Acid Methyl Ester (FAME) Market Segmentation:

By Market Type
- Rapeseed Methyl Ester
- Soya Methyl Ester
- Palm Oil Methyl Ester
- Other

By Application
- Lubricants
- Fuels, Coatings
- Metal Working Fluids
- Food & Agriculture
- Other

By Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa

Key Insights in the report:

- Historical and current market size and projection up to 2025.
- Market trends impacting the growth of the global fatty acid methyl ester (FAME) market.
- Analyze and forecast the fatty acid methyl ester (FAME) market on the basis of market type and application.
- Trends of key regional and country-level markets for market type and application.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

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