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Global Tall Oil Fatty Acid Market 2017-2021

Global Tall Oil Fatty Acid Market 2017-2021

About Tall Oil Fatty Acid

Tall oil is also known as liquid rosin or tallol. It consists of three major components: unsaponifiables, resin acids, and fatty acids. Tall oil fatty acid is formed when esters and carboxylic acids are subjected to a temperature in the Kraft process of paper pulping. It is mainly derived from pine and coniferous trees. The increasing demand for tall oil fatty acid as a viscosity modifier, lubricant, and corrosion inhibitor will increase its market share in the oil and gas industry. The increasing demand for plant-based chemical derivatives over animal-based and crude oil-based chemicals will favor the growth of the market during the forecast period. The increasing demand for unconventional resources of energy will boost the market for lubricants and drilling fluids, thus driving the growth of the global tall oil fatty acid market.

Technavio’s analysts forecast the global tall oil fatty acid market to grow at a CAGR of 4.76% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global tall oil fatty acid market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

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

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Tall Oil Fatty Acid 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
  • Eastman Chemical Company
  • Georgia-Pacific Chemicals
  • Harima Chemicals Group
  • Ingevity
  • Kraton Corporation
Other prominent vendors
  • ExxonMobil
  • Forchem
  • Pasand Speciality Chemical
  • Spectrum Chemical Manufacturing
  • Technical Industries
  • Werner G.Smith
Market driver
  • Rising use in soaps and detergents
  • For a full, detailed list, view our report
Market challenge
  • Declining production of paper
  • For a full, detailed list, view our report
Market trend
  • Increasing use in rubber industry
  • 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 Tall Oil Fatty Acid Market 2017-2021

Technavio recognizes the following companies as the key players in the global tall oil fatty acid market: Eastman Chemical Company, Georgia-Pacific Chemicals, Harima Chemicals Group, Ingevity, and Kraton Corporation.

Other Prominent Vendors in the market are: ExxonMobil, Forchem, Pasand Speciality Chemical, Spectrum Chemical Manufacturing, Technical Industries, and Werner G.Smith.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing use in rubber industry. Tall oil fatty acid is used as a stabilizing and vulcanizing agent in the manufacturing of rubber. Tall oil fatty acid is largely being used in the automotive industry, specifically in tire manufacturing. In the production of styrene-butadiene-rubber (SBR) synthetic rubber, tall oil fatty acid is used as an emulsifier during the process of polymerization. The proprietary blend of pine tars, along with tall oil and other rosins, improves the functionality and increases the life of tires by improving the mechanical strength. The increasing use of rubber mats, mechanical rubber goods, and others will increase the market share of tall oil fatty acid during the forecast period.”

According to the report, one of the major drivers for this market is Rising use in soaps and detergents. The physical state of oil and fats is based on their source or origin. The liquid state indicates soft texture while solid-state indicates hard texture. The improved physical and chemical properties of oils and fats have increased their use in soap and detergents. The end-use determines the source of extraction of tall oil fatty acid. Hard oils are used to manufacture soaps, whereas soft oils contribute to conditioning. These soft oils that are used to provide better conditioning are more prone to oxidation. Thus, choosing various combinations of oil is necessary to produce the desired product based on the skin.

Further, the report states that one of the major factors hindering the growth of this market is Declining production of paper. As tall oil fatty acid can be derived from plants, its production capacity is limited. Tall oil fatty acid feedstock is crude tall oil (CTO), which is produced through the wood pulping process associated with the paper milling business. The CTO produced is economical, but it cannot be produced by any other means other than paper milling. The decline in the production of paper due to the restrictions on cutting trees to produce paper will hamper the production rate of CTO, resulting in an overall decline in the production of tall oil fatty acid.

Companies Mentioned

Eastman Chemical Company, Georgia-Pacific Chemicals, Harima Chemicals Group, Ingevity, Kraton Corporation, ExxonMobil, Forchem, Pasand Speciality Chemical, Spectrum Chemical Manufacturing, Technical Industries, and Werner G.Smith.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Global tall oil fatty acid market
      • Table Market size 2016
      • Table Validation techniques employed for market sizing - 2016
    • Market size and forecast 2016-2021
      • Table Global tall oil fatty acid market - Market size and forecast 2016-2021 ($ millions)
      • Table Global tall oil fatty acid market - Year-over-year growth 2017-2021 (% share)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
      • Table Five forces analysis
  • Market segmentation by end-user
    • Overview: Global tall oil fatty acid market by enduser
      • Table Global tall oil fatty acid market by end-user - Market share 2016-2021 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Soaps and detergents - Market size and forecast 2016-2021
      • Table Soaps and detergents - Market size and forecast 2016-2021 ($ millions)
      • Table Soaps and detergents - Year-over-year growth 2017-2021 (% share)
    • Plastic additives - Market size and forecast 2016- 2021
      • Table Plastic additives - Market size and forecast 2016-2021 ($ millions)
      • Table Plastic additives - Year-over-year growth 2017-2021 (% share)
    • Coatings - Market size and forecast 2016-2021
      • Table Coatings - Market size and forecast 2016-2021 ($ millions)
      • Table Coatings - Year-over-year growth 2017-2021 (% share)
    • Lubricants - Market size and forecast 2016-2021
      • Table Lubricants - Market size and forecast 2016-2021 ($ millions)
      • Table Lubricants - Year-over-year growth 2017-2021 (% share)
    • Fuel-additives - Market size and forecast 2016- 2021
      • Table Fuel-additives - Market size and forecast 2016-2021 ($ millions)
      • Table Fuel-additives - Year-over-year growth 2017-2021 (% share)
    • Other end-users - Market size and forecast 2016- 2021
      • Table Other end-users - Market size and forecast 2016-2021 ($ millions)
      • Table Other end-users - Year-over-year growth 2017-2021 (% share)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global tall oil fatty acid market - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • North America - Market size and forecast 2016- 2021
      • Table North America - Market size and forecast 2016-2021 ($ millions)
      • Table North America - Year-over-year growth 2017-2021 (% share)
    • Europe - Market size and forecast 2016-2021
      • Table Europe - Market size and forecast 2016-2021 ($ millions)
      • Table Europe - Year-over-year growth 2017-2021 (% share)
    • APAC - Market size and forecast 2016-2021
      • Table APAC - Market size and forecast 2016-2021 ($ millions)
      • Table APAC - Year-over-year growth 2017-2021 (% share)
    • ROW - Market size and forecast 2016-2021
      • Table ROW - Market size and forecast 2016-2021 ($ millions)
      • Table ROW - Year-over-year growth 2017-2021 (% share)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing use in rubber industry
    • Demand for lubricating agents
  • Vendor landscape
    • Competitive Landscape
    • Key vendors in global tall oil fatty acid market
      • Table Key vendors in global tall oil fatty acid market 2016
    • Other prominent vendors
  • Vendor analysis
    • Vendor overview
    • Eastman Chemical Company
      • Table Eastman Chemical Company: Business segmentation by revenue 2016
      • Table Eastman Chemical Company: Geographical segmentation by revenue 2016
    • Georgia-Pacific Chemicals
      • Table Georgia-Pacific Chemicals: Business segmentation by revenue 2016
      • Table Georgia-Pacific Chemicals: Geographical segmentation by revenue 2016
      • Table Georgia-Pacific: Tall oil fatty acid products and their uses
    • Harima Chemicals Group
      • Table Harima Chemicals Group: Business segmentation by revenue 2016
      • Table Harima Chemicals Group: Geographical segmentation by revenue 2016
    • Ingevity
      • Table Ingevity: Business segmentation by revenue 2016
      • Table Ingevity: Geographical segmentation by revenue 2016
    • Kraton Corporation
      • Table Kraton Corporation: Business segmentation by revenue 2016
      • Table Kraton Corporation: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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