Chemicals

Global Tall Oil Fatty Acid Market Outlook, Opportunities And Strategies

November 15, 2021 by The Business Research Company

Learn about the global tall oil fatty acid market through The Business Research Company, which provides information on tall oil fatty acid market size, tall oil fatty acid market drivers and restraints, tall oil fatty acid market players, the COVID-19 impact on the tall oil fatty acid market, and more.

The global tall oil fatty acid market is expected to grow from $802.58 million in 2020 to $821.50 million in 2021 at a compound annual growth rate (CAGR) of 2.36%. The growth in the tall oil fatty acid market is mainly due to the rising demand of tall oil fatty acids from the soaps and detergent sector and the cosmetics industry. The market is expected to reach $1,066.52 million in 2025 at a CAGR of 6.74%.

The increasing demand for tall oil-based biofuel is expected to drive innovation in tall oil fatty acid manufacturing, thus driving the market during the forecast period.

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The tall oil fatty acid market consists of sales of tall oil fatty acids by entities (organizations, sole traders, and partnerships) that manufacture tall oil fatty acids. Tall oil fatty acid (also known as liquid rosin or tallol) is a light-colored tall oil fatty acid obtained by fractional distilling crude tall oil. It is obtained from crude tall oil, a by-product of the Kraft paper pulping process and is used where long chain fatty acids are required, such as soaps & detergents, lubricants, fuel additives, paints & coatings, and plastics.

Global tall oil fatty acid market segments include:

By Product: Oleic Acid, Linoleic Acid, Others

By Application: Dimer Acid, Alkyd Resin, Fatty Acid Ester, Others

By End User: Soaps And Detergents, Plastic Additives, Coatings, Lubricants, Fuel Additives, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the tall oil fatty acid market in 2020.

The growing technological advancements are shaping the tall oil fatty acid market. Major companies operating in the tall oil fatty acid sector are focused on developing technological solutions for tall oil fatty acids.

TBRC’s tall oil fatty acid market report covers:

Major Market Players: Kraton Corporation, Forchem, Harima Chemicals, Georgia Pacific, Kraton Corporation, Forchem, Harima Chemicals, Georgia Pacific, Eastman, Lascaray, Chemical Associates, and Univar Solutions.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Tall Oil Fatty Acid Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides tall oil fatty acid market overviews, analyzes and forecasts market size, share, tall oil fatty acid market players, tall oil fatty acid market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s tall oil fatty acid market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Fatty Acids Global Market Report 2021

Chemicals Global Market Report 2021

Polystyrene-Plastic Material And Resins Global Market Report 2021

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