Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market Size

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>