Global Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market Size, share By Application (Detergents, Personal Care), By Competitive Landscape, By Geographic Scope And Forecast USD 8.4 Billion by 2035
Published Date: January - 2025 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 3890 Download Sample Ask for Discount Request CustomizationGlobal Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market Size, share By Application (Detergents, Personal Care), By Competitive Landscape, By Geographic Scope And Forecast USD 8.4 Billion by 2035
Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market Size And Forecast 2035
Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market size was valued at USD 9.64 Billion in 2024 and is projected to reach USD 8.4 Billion by 2035, growing at a CAGR of 7.56% from 2025 to 2035.
Rise in the demand for detergent across the globe and use of Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids as a surfactant are few of the factors fueling the growth of this market. The Global Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market Definition
Palm kernel oil is extracted from kernel or palm tree nuts. Kernel oil is commonly referred to as tropical oil which is also having high nutritional value. Coconut oil is also a naturally derived food product that is classified as a superfood by a nutritionist. Oil has a unique combination of fatty acids that offer different benefits. The fatty acid present in the Palm Kernel Oil And Coconut Oil has a long shelf life with non-toxic effects. Most prominently they are used as surfactants in end-use industries such as plastic, detergent, personal care, and rubber.
The natural fatty acids extracted from palm kernel oil and coconut oil possess various properties such as biodegradability, performance efficiency, environmental sustainability, and cost-effective extraction process. These oils contain saturated and medium-chain oleochemicals which include lauric aid, caprylic acid, myristic acid, and capric acid.
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An increase in the demand for detergents globally has prompted humungous demand for palm kernel oil and coconut oil-based natural fatty acids. Moreover, natural fatty acids derived from palm kernel oil & coconut oil are highly saturated and possess oleochemicals comprising lauric acid, myristic acid, caprylic acid, and capric acid. Furthermore, easy access to products in various countries across the globe has resulted in it is cost-effectiveness, thereby culminating in its massive demand globally. The product also helps in improving the health of individuals as well as patients and this has further enhanced its use and popularity across the globe.
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Global Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market Overview
The rise in the demand for detergent across the globe and the use of Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids as surfactants are fueling the market growth. The Global Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market is driven by strong surfactant consumption trends. Due to their versatility, natural origin, and consistent supply, these oleochemicals are employed as the principal source for the hydrophobic component of surfactants. Because no other economically viable plant or animal-based source of lauric fatty acids exists, palm kernel and coconut oil are the only sources available. Natural fatty acids derived from distilled palm kernel oil and coconut oil, such as isethionates and aminopropyl betaines, are commonly utilized for personal washing surfactants.
In addition, rising awareness among people regarding the benefits of naturally derives cosmetics and personal care products thus extensive use of palm kernel and coconut-based products for makeup, suntan, moisturizers, and hair care are driving the growth of Palm Kernel Oil And Coconut Oil Based Natural Fatty Acids Market. The market for Palm Kernel Oil Based Natural Fatty Acids in personal care products is growing in parallel with rising disposable income and rising beauty consciousness among the economically elite population.
Even though it has many key drivers but there are few restraints that can affect the growth of this market. on the other side, a significant increase in raw material prices is anticipated to hinder the market growth.in spite of these, shifting trends from chemicals to organic or bio-based personal care products with gradual advancement is expected to generate huge opportunities over the forecast period.
Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids MarketCompetitive Space
The global palm kernel oil and coconut oil-based natural fatty acids market profiles key players such as
- Emery Oleochemicals Group
- KLK Oleo
- Pacific Oleochemicals Sdn. Bhd.
- United Coconut Chemicals Inc.
- Wilmar International Ltd.
- Univar USA Inc.
- Musim Mas Group
- Vantage Specialty Chemicals Inc.
- Procter & Gamble Company
- Twin Rivers Technologies Inc.
- Oleon NV
- VVF LLC
- Kao Corporation
The global palm kernel oil and coconut oil-based natural fatty acids market is segmented as follows
By End-User
- Detergents
- Plastics
- Personal Care
- Rubber
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Massive product use in personal care & cosmetic items to boost the global market trends
Natural fatty acids extracted from palm kernel oil and coconut oil are renewable and bio-degradable, thereby steering the expansion of the global palm kernel oil and coconut-based natural fatty acids market. Large-scale use of stearic fatty acids, polyunsaturated acids, distilled fatty acids, and stearic acids will drive the global market trends. Escalating the use of personal care & cosmetic products along with the thriving fashion sector globally will create a strong platform & lay a robust foundation for the growth of the market across the globe. Surging preference for bio-based and eco-friendly products in the personal care sector will embellish the growth of the global market. The rising use of herbal items has favorably leveraged the global market surge. There is an increasing awareness among the people about the advantages offered by personal care items and cosmetics products produced from natural ingredients. This, in turn, will sketch a profitable roadmap for the global market. New product launches and their accreditations are likely to change the phase of the global market surge in the coming years. For instance, in March 2023, KTC Edibles Limited, a key UK-based firm manufacturing and distributing edible oils, acquired an accreditation for its product referred to as Hard Palm Kernel Oil. Reportedly, the product is officially certified as RSPO sustainable segregated.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period |
2022-2035 |
| Base Year |
2024 |
| Forecast Year |
2025-2035 |
| Historical Period |
2018-2024 |
| Unit |
Value (USD Billion) |
| Key Companies Profiled |
Wilmar International, KLK Oleo, Chemical Associates Inc, Emery Oleochemicals, OLEON, P&G, Musim Mas Holdings, Pacific Oleochemicals, and Kao Corporation |
| Segments Covered |
|
| Customization Scope |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids MarketOpportunities
Beneficial product features to open new growth avenues for the global market over the forecasting years
With the product having an elongated shelf life and non-toxic effects along with its use in a slew of end-use sectors such as rubber, plastics, personal care, and detergents, the global palm kernel oil and coconut oil based natural fatty acids market is likely to witness a remarkable growth in the near future.
Palm Kernel Oil and Coconut Oil-Based Natural Fatty Acids MarketChallenges
Supply chain disruptions & fluctuating import & export goods charges can be a big challenge for the global industry
Disruptions in supply chain activities and an increase in the import & export duties of the product will prove to be a big challenge for the global palm kernel oil and coconut oil-based natural fatty acids industry.
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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Table of Content
1 INTRODUCTION OF GLOBAL PALM KERNEL OIL AND COCONUT OIL BASED NATURAL FATTY ACIDS MARKET 1.1 Overview of the Market 1.2 Scope of Report 1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH 3.1 Data Mining 3.2 Validation 3.3 Primary Interviews 3.4 List of Data Sources
4 GLOBAL PALM KERNEL OIL AND COCONUT OIL BASED NATURAL FATTY ACIDS MARKET OUTLOOK 4.1 Overview 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Porters Five Force Model 4.4 Value Chain Analysis
5 GLOBAL PALM KERNEL OIL AND COCONUT OIL BASED NATURAL FATTY ACIDS MARKET, BY APPLICATION 5.1 Overview 5.2 Detergents 5.3 Personal Care 5.4 Plastics 5.5 Rubber 5.6 Others
6 GLOBAL PALM KERNEL OIL AND COCONUT OIL BASED NATURAL FATTY ACIDS MARKET, BY GEOGRAPHY 6.1 Overview 6.2 North America 6.2.1 U.S. 6.2.2 Canada 6.2.3 Mexico 6.3 Europe 6.3.1 Germany 6.3.2 U.K. 6.3.3 France 6.3.4 Rest of Europe 6.4 Asia Pacific 6.4.1 China 6.4.2 Japan 6.4.3 India 6.4.4 Rest of Asia Pacific 6.5 Rest of the World 6.5.1 Latin America 6.5.2 Middle East and Africa
7 GLOBAL PALM KERNEL OIL AND COCONUT OIL BASED NATURAL FATTY ACIDS MARKET COMPETITIVE LANDSCAPE 7.1 Overview 7.2 Company Market Ranking 7.3 Key Development Strategies
8 COMPANY PROFILES
8.1 Wilmar International 8.1.1 Overview 8.1.2 Financial Performance 8.1.3 Product Outlook 8.1.4 Key Developments
8.2 KLK Oleo 8.2.1 Overview 8.2.2 Financial Performance 8.2.3 Product Outlook 8.2.4 Key Developments
8.3 Chemical Associates Inc 8.3.1 Overview 8.3.2 Financial Performance 8.3.3 Product Outlook 8.3.4 Key Developments
8.4 Emery Oleochemicals 8.4.1 Overview 8.4.2 Financial Performance 8.4.3 Product Outlook 8.4.4 Key Developments
8.5 OLEON 8.5.1 Overview 8.5.2 Financial Performance 8.5.3 Product Outlook 8.5.4 Key Developments
8.6 Vantage Specialty Chemicals 8.6.1 Overview 8.6.2 Financial Performance 8.6.3 Product Outlook 8.6.4 Key Development
8.7 Musin Mas Holdings 8.7.1 Overview 8.7.2 Financial Performance 8.7.3 Product Outlook 8.7.4 Key Developments
8.8 Pacific Oleochemicals 8.8.1 Overview 8.8.2 Financial Performance 8.8.3 Product Outlook 8.8.4 Key Developments
8.9 Kao Corporation 8.9.1 Overview 8.9.2 Financial Performance 8.9.3 Product Outlook 8.9.4 Key Development
8.10 United Coconut Chemicals 8.10.1 Overview 8.10.2 Financial Performance 8.10.3 Product Outlook 8.10.4 Key Development
8.11 P&G 8.11.1 Overview 8.11.2 Financial Performance 8.11.3 Product Outlook 8.11.4 Key Development
9 Appendix 9.1 Related Research
List Tables Figures
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