Palmitic acid is a saturated fatty acid commonly found in both animals and plants. It is a major component in the oils from palm trees, such as palm oil, palm kernel oil and coconut oil.
According to our (Global Info Research) latest study, the global Palmitic Acid market size was valued at USD 250 million in 2022 and is forecast to a readjusted size of USD 293.1 million by 2029 with a CAGR of 2.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Palmitic Acid key players include Wilmar International, KLK Oleo, IOI Oleochemical, PT Sumi Asih Oleochemical, PT.Cisadane Raya Chemicals, etc. Global top five manufacturers hold a share about 60%. Southeast Asia is the largest market, with a share about 60%, followed by China, with a share about 25 percent. In terms of product, Fractionated Type is the largest segment, with a share about 75%. And in terms of application, the largest application is Soap & Detergent, followed by Cosmetics, Grease & Lubricant, etc.
This report is a detailed and comprehensive analysis for global Palmitic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Palmitic Acid market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Palmitic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Palmitic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Palmitic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Palmitic Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Palmitic Acid market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wilmar International, KLK Oleo, IOI Oleochemical, PT Sumi Asih Oleochemical and PT.Cisadane Raya Chemicals, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Palmitic Acid market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Distilled Type
Fractionated Type
Market segment by Application
Soap & Detergent
Cosmetics
Grease & Lubricant
Others
Major players covered
Wilmar International
KLK Oleo
IOI Oleochemical
PT Sumi Asih Oleochemical
PT.Cisadane Raya Chemicals
Shuangma Chemical
VVF
Pacific Oleo
Twin Rivers Technologies
PT. Musim Mas
Cailà & Parés
PMC
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Palmitic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Palmitic Acid, with price, sales, revenue and global market share of Palmitic Acid from 2018 to 2023.
Chapter 3, the Palmitic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Palmitic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Palmitic Acid market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Palmitic Acid.
Chapter 14 and 15, to describe Palmitic Acid sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Palmitic Acid . Industry analysis & Market Report on Palmitic Acid is a syndicated market report, published as Global Palmitic Acid Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Palmitic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.