Tallow Fatty Acids Market Grow Rapidly Due to Increasing Demand for Personal Care Products

Rising demand for tallow fatty acids in the soaps & detergents industry is expected to be the major growth factor for the tallow fatty acids industry. Stearic acid, palmitic acid, and oleic acid are the three most important fatty acid esters used in the production of soaps & detergents.

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Albany, NY -- (SBWire) -- 01/04/2016 --Tallow fatty acids are basic oleochemicals derived from animal fats. Different types of animal fats such as beef tallow, mutton tallow, and lard are used in the production of tallow fatty acids. Based on applications, tallow fatty acids are further processed for their specific end-markets. Tallow fatty acids are used in several end-user industries such as soaps & detergents, rubber, plastics, food, lubricants, and personal care products.

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This report provides detailed analysis and forecast of the tallow fatty acids market on a global and regional level from 2014 to 2020. On the global level, the market has been segmented based on volume (kilo tons) and revenue (US$ Mn) from 2014 to 2020. For an in-depth understanding of the market at the regional level, the demand for tallow fatty acids has been forecast in terms of volume (kilo tons) and revenue (US$ Mn) between 2014 and 2020. The report includes drivers and restraints, and their impact on the growth of the market during the forecast period. Furthermore, the study encompasses various opportunities for market growth at the global and regional level.

We have included a thorough analysis of the value chain to provide a detailed understanding of the market. Additionally, the report covers Porter's five forces model, which offers an insight into the intensity of competition in the market. The study also comprises market attractiveness analysis, wherein numerous end-users are benchmarked based on their market size, growth rate, and general attractiveness.

We conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders for the research report. Primary research represents the bulk of our research efforts coupled with an extensive secondary research. We reviewed key players' annual reports, product portfolio, press releases, and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, Internet sources, trade associations, and statistical data from government websites and associated authorized agency websites. This proved to be the most successful, effective, and reliable approach for obtaining concise data, capturing industry participants' insights, and recognizing opportunities and growth.

The market has been segmented based on various products and end-users. Each segment has been analyzed and forecast based on volume (kilo tons) and revenue (US$ Mn) from 2014 to 2020. Additionally, the segments have been analyzed and forecast based on the current trends at the global and regional level. Geographically, the market has been segmented into North America, Europe, China, Rest of Asia Pacific, Latin America, and the Rest of the World (RoW). Demand has been analyzed and forecast based on the current trends for a period of six years.

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The report includes the profiles of key companies such as AkzoNobel N.V., Acme-Hardesty Co., H Foster & Co. Ltd., BASF SE, Baerlocher GmbH, Emery Oleochemicals, VVF LLC and Vantage Specialty Chemicals, Inc.

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