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Category: Business and Industry
Date Submitted: 10/21/2016 05:10 AM
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Natural Fatty Acids Market - Global
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REPORT DESCRIPTION
Natural fatty acids and their various derivatives are predominantly used in a wide range of industries such as personal and household care,
plastics, rubber and detergents among others. Stearic acid, fractionated fatty acids, distilled fatty acids, polyunsaturated acids such as tall
oil fatty acids and oleic acids are various types of natural fatty acids used across the globe. Raw materials such as palm, palm kernel oils
and coconut are used in the production of natural fatty acids. The growing demand for natural fatty acids from the end-user industries such
as personal and household care, plastics, rubber and detergents across the globe is predicted to drive the global natural fatty acids market
intheyearstocome.
Asia Pacific is projected to be the fastest growing market for natural fatty acids in the next six years. The main reason for this is the
mounting demand for natural fatty acids from developing countries such as India, China, Indonesia and Thailand. In addition, the countries
in the regions like Africa, South America and the Middle East are showing swift economic growth since the last few years. Moreover, the
U.S. and European countries are progressively recovering from the economic downturn. All such industrial and economic factors are
creating a positive outlook for the global industrial circumstances. Considering this outlook, the rubber and plastic industries...