Palm Acid Oil (PAO) is a by-product obtained from chemical refining of Palm Oil which can be used for making laundry soaps, animal feed formulation, and bio-fuel (bio-diesel).
The main uses of PAO are in are animal feeds, in soap making and for distilled fatty acid production. This product is not now produced on any great scale outside Europe, because in Malaysia and Indonesia palm oil is refined by the physical process which gives PFAD rather than PAO.
The largest waste by-product generated during the production of CPO is palm oil mill effluent (POME). For every ton of CPO produced, 2.9 tons of POME is generated. POME is the result of large quantities of steam and hot water used to clean the fruit and separate the shell and cake from the palm fruit. The water and steam are washed away on the mill floor and directed to waste ponds that gather the POME residue. POME consists of 3 to 5 % of Palm Acid Oil (PAO) and 95 to 97% of water. Once the PAO is processed and extracted from the POME, the PAO residue can be sold as a feedstock for the production of 2nd generation biofuels.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Palm Acid Oil market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 640 million by 2024, from US$ 460 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Palm Acid Oil business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Palm Acid Oil market by product type, application, key manufacturers and key regions and countries.
This study considers the Palm Acid Oil value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
PAO Yellowish
PAO Brownish
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Soap
Animal Feeds
Biodiesel
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Kurnia Sari Utama
Future Prelude Sdn Bhd
PT. Global Mandiri Sentosa
PT Energy Feeds
LIMA Group
Inter-Trade Solutions
Tanimas Group
Bathich Group
Suryatama Kencana Jaya
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Palm Acid Oil consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Palm Acid Oil market by identifying its various subsegments.
Focuses on the key global Palm Acid Oil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Palm Acid Oil with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Palm Acid Oil submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Palm Acid Oil . Industry analysis & Market Report on Palm Acid Oil is a syndicated market report, published as Global Palm Acid Oil Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Palm Acid Oil market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.