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Coconut Oil-Based Fatty Acids Market Report

RA00138

Coconut Oil-Based Fatty Acids Market, by product type (Whole Coconut Fatty Acids, White Coconut Fatty Acids), End-Use Industry (Food & Beverage Industry, Personal Care & Cosmetic Industry, Textile Industry, Pharmaceutical Industry, Others), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

RA00138

Pages: NA

Jan 2020

COVID-19

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Impact of covid-19 on Coconut Oil-Based Fatty Acids Market

Global Coconut Oil-Based Fatty Acids Market Overview 2026:

Coconut oil has a unique composition of fatty acids and it is different from that of other cooking oils. Coconut oil has a high content of saturated fat lauric acid that makes it highly resistant to oxidation at high temperatures. Coconut oil also consists of caprylic acid (7%) and capric acid (5%), along with stearic acid. These fatty acids can easily mix with other fatty acids. Coconut fatty acids are significantly used in textiles, food & beverages, personal care, and many others.

Growing demand for environmentally friendly products is one of the factors which is expected to drive the global coconut oil-based fatty acids market

Tremendously growing demand for bio-based eco-friendly products, particularly in the personal care & cosmetic industry, is one of the major factors for the growth of the coconut oil-based fatty acids market. Also, massive growth in surfactant consumption is one of the major factors for the growth of the global coconut oil-based fatty acids market. Moreover, there is extensively rising demand for dietary supplements and functional foods, which is projected to drive Coconut Oil-Based Fatty Acids Market growth. In addition, the availability of raw material, growing health consciousness among the people, and the constant rise in liberal government policies are expected to boost the growth of the global coconut oil-based fatty acids market.

Skeptical view of governments on coconut oil-based fatty acid is projected to restrain the growth of the global Coconut Oil-Based Fatty Acids Industry

Governmental regulatory agencies in many developed, as well as developing countries, are still skeptical about the advantages obtained by the consumption of coconut oil-based fatty acid. This factor may restrain the growth of the global market.

Green chemicals for water treatment are projected to create enormous opportunities for the coconut oil-based fatty acids industry

Coconut oil-based fatty acids have tremendous varieties of applications such as in healthcare, food & beverages and many others. The newly invented premium quality coconut perfume oil is becoming popular in the global market. These perfumes are premium quality along with being alcohol-free. Moreover, these pure concentrated perfumes are Phthalate & Vanillin Free and 100% natural and skin safe. In addition, these perfumes can be used in personal body oil, soap & candle making, and incense. These factors are anticipated to create lucrative opportunities for the global coconut oil-based fatty acids market.

Coconut Oil-Based Fatty Acids Market Segmentation, by Product Type:

White coconut fatty acids segment will register a remarkable revenue by 2026, growing at a healthy CAGR

The white coconut fatty acids have a lucrative market, and it is projected to generate a noticeable revenue, over the projected period. This is mainly because white coconut fatty acids have massive applications in household care such as their usage as an additive in cleaners. Also, these fatty acids are largely used in textile chemicals, fiber lube and as personal care products such as an additive in body washes & shampoos.

Coconut Oil-Based Fatty Acids Market, End-Use Industry:

Personal Care end-use industry will register noticeable revenue by 2026, growing at a healthy rate

Personal Care & Cosmetic Industry is the fastest-growing segment throughout the forecasted period. Rising beauty consciousness across the globe will accelerate the coconut oil-based fatty acids market in personal care products. Moreover, the growing popularity of natural products for hair and skincare is also projected to drive this segment.
The Detergents industry has the major share for the global coconut oil-based fatty acids market. This is mainly because the major demand for industrial and residential detergents along with stringent policies regarding industrial cleanliness will flourish the detergents sector and eventually it will drive the growth of the global coconut oil-based fatty acids market.

Coconut Oil-Based Fatty Acids Market, by Region:

Europe region will have huge opportunities for the top investors to grow over the coming years

Europe Is The Fastest-growing Region In The Global Market, And It Is Projected To Create Noticeable Revenue In The Forecast Period. For Instance, In Europe, Coconut Imports Have Grown By More Than 30% In The Lastfive years. In addition, an extensive rise in the demand for cosmetics and personal care products in this region is projected to drive the coconut oil-based fatty acids market.
Asia-Pacific region has the highest market share, during the forecasted period. Enormous coconut production in Asian countries such as Indonesia, Philippines, and India is projected to drive the growth of the coconut oil-based fatty acids market. For example, Indonesia is the world leader in coconut production. Moreover, Top oleochemical manufacturers such as BASF SE and Godrej are investing heavily in the R&D; this will increase the demand for coconut oil-based fatty acids in the Asian market. Growing disposable income, increasing adoption of western culture, and the impact of changing lifestyles are some of the main driving factors for the boost in the demand for cosmetic products in Asian countries such as China, Japan, and South Korea. This demand will ultimately help to grow the global coconut oil-based fatty acids market in this region.

To explore more about Coconut Oil-Based Fatty Acids Market, get in touch with our analysts here. 
https://www.researchdive.com/connect-to-analyst/138

Key participants in the Global Coconut Oil-Based Fatty Acids Market:

Merger & acquisition and advanced product development are the frequent strategies followed by the market players
Key participants in the Global Coconut Oil-Based Fatty Acids Market

Source: Research Dive Analysis

In particular, established companies prefer inorganic growth strategies to expand into local markets. Merger & acquisition and advanced product development are frequent strategies followed by market players. For instance, some of the significant Coconut Oil-Based Fatty Acids market players include Univar Solutions Inc., Cailà & Parés, Kuala Lumpur Kepong Berhad, Kao Corporation., Godrej Industries Limited, Vantage Specialty Chemicals, Timur OleoChemicals., Twin Rivers Technologies, Inc., Redox, and Henry Franc SAS.

                                  Aspect

                                 Particulars

  Historical Market Estimations

  2018-2019

  Base Year for Market Estimation

  2018

  Forecast timeline for Market Projection

  2019-2026

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by Product Type

  • Whole Coconut Fatty Acids
  • White Coconut Fatty Acids

  Segmentation by End-Use Industry

  • Food & Beverage Industry
  • Personal Care & Cosmetic Industry
  • Textile Industry
  • Pharmaceutical Industry
  • Others

  Key Countries Covered

U.S., Canada, Germany, France, Spain,

Russia, Japan, China, India, South Korea, Australia, Brazil, and Saudi Arabia

  Key Companies Profiled

  • Univar Solutions Inc.
  • Cailà & Parés
  • Kuala Lumpur Kepong Berhad
  • Kao Corporation.
  • Godrej Industries Limited
  • Vantage Specialty Chemicals
  • Timur OleoChemicals.
  • Twin Rivers Technologies, Inc.
  • Redox
  • Henry Franc SAS.

Source: Research Dive Analysis


FREQUENTLY ASKED QUESTIONS?
 

A. Berhad and Kao Corporation. are some of the key players in the global Coconut Oil-Based Fatty Acids market.

A. The Europe region possess great investment opportunities for the investors to witness the most promising growth in the future.

A. Technological advancements, product development, along with joint ventures are the key strategies opted by the operating companies in this market.

A. Univar Solutions Inc., Cailà & Parés, and Kuala Lumpur Kepong, companies are investing more in R&D activities for developing new products and technologies.

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