Home > Chemicals & Materials > Advanced Materials > Functional Materials > Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market
Global Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market size will likely exceed USD 8 billion by 2024, growing by a CAGR more than 4.5%./p>
Strong surfactant consumption trends will have a stimulating effect on the global coconut oil fatty acids market. These oleochemicals are used as the primary source for the hydrophobic part of surfactants owing to their versatility, natural origin, and reliable supply. Palm kernel and coconut oil are rich sources of lauric fatty acids and are exclusive due to lack of any other commercially viable plant or animal based source. Distilled palm kernel oil and coconut oil based natural fatty acids, such as isethionates and amidopropyl betaines, are typically used for personal cleansing surfactants./p>
Growing preference for bio-based environment friendly products, especially in the personal care sector will drive the palm kernel oil and coconut oil based natural fatty acids market. Growing demand for herbal products owing to their natural properties and limited side effects will have a significant impact on the market throughout the forecast spell./p>
Report Attribute | Details |
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Base Year: | 2015 |
Palm Kernel Oil & Coconut Oil Based Natural Fatty Acids Market Size in 2015: | |
Forecast Period: | 2016 to 2024 |
Forecast Period 2016 to 2024 CAGR: | 4.5% |
2024 Value Projection: | 8 Billion (USD) |
Historical Data for: | 2013 to 2015 |
No. of Pages: | 105 |
Tables, Charts & Figures: | 100 |
Segments covered: | End-user and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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