Global Fatty Acid Methyl Ester (FAME) Market 2021-2025
Technavio has been monitoring the fatty acid methyl ester (FAME) market and it is poised to grow by $ 5.84 bn during 2021-2025, progressing at a CAGR of over 5% during the forecast period. Our report on the fatty acid methyl ester (FAME) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand from fuels and food and agriculture and the growth of personal care industry. In addition, rising demand from fuels and food and agriculture is anticipated to boost the growth of the market as well.
The fatty acid methyl ester (FAME) market analysis includes the application segment and geographic landscape.
Technavio's fatty acid methyl ester (FAME) market is segmented as below:
By Application
- Fuel
- Coatings
- Lubricants
- Metalworking fluid
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- MEA
This study identifies the stringent government regulations as one of the prime reasons driving the fatty acid methyl ester (FAME) market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on fatty acid methyl ester (FAME) market covers the following areas:
- Fatty acid methyl ester (FAME) market sizing
- Fatty acid methyl ester (FAME) market forecast
- Fatty acid methyl ester (FAME) market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fatty acid methyl ester (FAME) market vendors that include BASF SE, Berg + Schmidt GmbH & Co. KG, Cargill Inc., Eastman Chemical Co., Emery Oleochemicals Group, Evonik Industries AG, KLK Oleo, Stepan Co., The Procter and Gamble Co., and WRATISLAVIA-BIODIESEL SA. Also, the fatty acid methyl ester (FAME) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.