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Global Fatty Acid Methyl Ester (FAME) Market 2017-2021

Global Fatty Acid Methyl Ester (FAME) Market 2017-2021

About Fatty Acid Methyl Ester (FAME)

FAMEs are obtained by the transesterification of fats with methanol. FAME is obtained from vegetable oils and animal fats and is mainly used in the production of biodiesel. In the presence of a base such as sodium methoxide or sodium hydroxide, FAME is produced by an alkali-catalyzed reaction between fats and methanol. FAME is used in application segments such as fuel, coatings, lubricants, metalworking fluid, food and agriculture, cosmetics, detergents, personal care, and pharmaceuticals.

Technavio’s analysts forecast the global fatty acid methyl ester (FAME) market to grow at a CAGR of 5.06% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global fatty acid methyl ester (FAME) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Fatty Acid Methyl Ester (FAME) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cargill
  • Emery Oleochemicals
  • Kuala Lumpur Kepong Berhad
  • Wilmar International
  • Wratislavia-BIOdiesel
Other prominent vendors
  • BASF
  • Evonik
  • P&G Chemicals
Market driver
  • Rising demand from fuels and food and agriculture
  • For a full, detailed list, view our report
Market challenge
  • Demand-supply gap
  • For a full, detailed list, view our report
Market trend
  • Increasing use of biodiesel
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Fatty Acid Methyl Ester (FAME) Market 2017-2021

Technavio recognizes the following companies as the key players in the global fatty acid methyl ester (FAME) market: Cargill, Emery Oleochemicals, Kuala Lumpur Kepong Berhad, Wilmar International, and Wratislavia-BIOdiesel.

Other Prominent Vendors in the market are: BASF, Evonik, and P&G Chemicals.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of biodiesel. Biodiesel is derived from renewable sources. Biodiesel can be produced from a wide variety of oils and animal's fats such as sunflower oil, soya oil, rapeseed oil, animal fats/tallow, and palm oil. The use of biodiesel has increased because of its benefits.”

According to the report, one driver in the market is rising demand from fuels and food and agriculture. FAME is widely used in various industries such as fuels and food and agriculture. One of the major applications of FAME is in fuel as the demand for biodiesel is increasing because of its environment-friendly nature. Biodiesel has the same properties as that of conventional diesel. Therefore, it is preferred by end-use industries. It helps reduce VOC emission, thereby protecting the environment from harmful, hazardous substances.

Further, the report states that one challenge in the market is demand-supply gap. The FAME production process requires two primary types of raw materials, i.e., vegetable oils and animal fats. Animal fat is used as a major feedstock to produce FAME in the North American and European markets. The supply of animal fat is unsteady, which is a major challenge for the global FAME market. Ranchers and farmers do not raise the farm animals primarily for their fat, and the year-over-year growth in the breeding of farm animals has been moderate for the past 10 years.

Companies Mentioned

Cargill, Emery Oleochemicals, Kuala Lumpur Kepong Berhad, Wilmar International, Wratislavia-BIOdiesel, BASF, Evonik, and P&G Chemicals.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Characteristics of FAME
      • Table Production process of FAME
  • Market landscape
    • Market overview
      • Table Global FAME market overview
    • Market size and forecast
      • Table Global FAME market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global FAME market by application
      • Table Global FAME market by application 2016 ($ millions)
      • Table Global FAME market by application 2021 (% share)
      • Table Global FAME market by application (% share)
    • Global FAME market by fuel
      • Table Global FAME market by fuel 2016-2021 ($ millions)
    • Global FAME market by coatings
      • Table Global FAME market by coatings 2016-2021 ($ millions)
    • Global FAME market by lubricants
      • Table Global FAME market by lubricants 2016-2021 ($ millions)
    • Global FAME market by metalworking fluid
      • Table Global FAME market by metalworking fluid 2016-2021 ($ millions)
    • Global FAME market by food and agriculture
      • Table Global FAME market by food and agriculture 2016-2021 ($ millions)
    • Global FAME market by others
      • Table Global FAME market by others 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Global- Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • North America – Market size and forecast
      • Table North America – Market size and forecast 2016-2021 ($ millions)
      • Table Americas – Year-over-year growth 2017-2021 (% share)
    • Europe – Market size and forecast
      • Table Europe – Market size and forecast 2016-2021 ($ millions)
      • Table Europe – Year-over-year growth 2017-2021 (% share)
    • APAC – Market size and forecast
      • Table APAC – Market size and forecast 2016-2021 ($ millions)
      • Table APAC – Year-over-year growth 2017-2021 (% share)
    • ROW – Market size and forecast
      • Table ROW – Market size and forecast 2016-2021 ($ millions)
      • Table ROW – Year-over-year growth 2017-2021 (% share)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global personal care products market 2015-2021 ($ billions)
    • Market challenges
  • Market trends
    • Increasing use of biodiesel
    • Strong demand from emerging economy
    • Growing demand for detergents
  • Vendor landscape
    • Competitive landscape
    • Key market vendors
      • Table Key market vendors
    • Other prominent vendors
  • Key vendor analysis
    • Cargill
      • Table Cargill: Business segments
    • Emery Oleochemicals
      • Table Emery Oleochemicals: Business segments
    • Kuala Lumpur Kepong Berhad
      • Table Kuala Lumpur Kepong Berhad: Business segmentation by revenue 2016
      • Table Kuala Lumpur Kepong Berhad: Geographical segmentation by revenue 2016
    • Wilmar International
      • Table Wilmar International: Business segmentation by revenue 2016
      • Table Wilmar International: Geographical segmentation by revenue 2016
    • Wratislavia-BIOdiesel
      • Table Wratislavia-BIOdiesel: Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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