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Global Palmitic Acid Market Research Report 2024
Synopsis
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.
The global Palmitic Acid market was valued at US$ 243 million in 2023 and is anticipated to reach US$ 287.5 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Palmitic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Palmitic Acid.
Report Scope
The Palmitic Acid market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Palmitic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Palmitic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Distilled Type
Fractionated Type
Segment by Application
Soap & Detergent
Cosmetics
Grease & Lubricant
Others
Production by Region
North America
Europe
China
India
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Palmitic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Palmitic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Palmitic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Palmitic Acid market was valued at US$ 243 million in 2023 and is anticipated to reach US$ 287.5 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Palmitic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Palmitic Acid.
Report Scope
The Palmitic Acid market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Palmitic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Palmitic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Distilled Type
Fractionated Type
Segment by Application
Soap & Detergent
Cosmetics
Grease & Lubricant
Others
Production by Region
North America
Europe
China
India
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Palmitic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Palmitic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Palmitic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Palmitic Acid Market Overview
1.1 Product Definition
1.2 Palmitic Acid Segment by Type
1.2.1 Global Palmitic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Distilled Type
1.2.3 Fractionated Type
1.3 Palmitic Acid Segment by Application
1.3.1 Global Palmitic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Soap & Detergent
1.3.3 Cosmetics
1.3.4 Grease & Lubricant
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Palmitic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Palmitic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Palmitic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Palmitic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Palmitic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global Palmitic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Palmitic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Palmitic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Palmitic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Palmitic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Palmitic Acid, Product Offered and Application
2.8 Global Key Manufacturers of Palmitic Acid, Date of Enter into This Industry
2.9 Palmitic Acid Market Competitive Situation and Trends
2.9.1 Palmitic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Palmitic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Palmitic Acid Production by Region
3.1 Global Palmitic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Palmitic Acid Production Value by Region (2019-2030)
3.2.1 Global Palmitic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Palmitic Acid by Region (2025-2030)
3.3 Global Palmitic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Palmitic Acid Production by Region (2019-2030)
3.4.1 Global Palmitic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Palmitic Acid by Region (2025-2030)
3.5 Global Palmitic Acid Market Price Analysis by Region (2019-2024)
3.6 Global Palmitic Acid Production and Value, Year-over-Year Growth
3.6.1 North America Palmitic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Palmitic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Palmitic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 India Palmitic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia Palmitic Acid Production Value Estimates and Forecasts (2019-2030)
4 Palmitic Acid Consumption by Region
4.1 Global Palmitic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Palmitic Acid Consumption by Region (2019-2030)
4.2.1 Global Palmitic Acid Consumption by Region (2019-2024)
4.2.2 Global Palmitic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Palmitic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Palmitic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Palmitic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Palmitic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Palmitic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Palmitic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Palmitic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Palmitic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Palmitic Acid Production by Type (2019-2030)
5.1.1 Global Palmitic Acid Production by Type (2019-2024)
5.1.2 Global Palmitic Acid Production by Type (2025-2030)
5.1.3 Global Palmitic Acid Production Market Share by Type (2019-2030)
5.2 Global Palmitic Acid Production Value by Type (2019-2030)
5.2.1 Global Palmitic Acid Production Value by Type (2019-2024)
5.2.2 Global Palmitic Acid Production Value by Type (2025-2030)
5.2.3 Global Palmitic Acid Production Value Market Share by Type (2019-2030)
5.3 Global Palmitic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Palmitic Acid Production by Application (2019-2030)
6.1.1 Global Palmitic Acid Production by Application (2019-2024)
6.1.2 Global Palmitic Acid Production by Application (2025-2030)
6.1.3 Global Palmitic Acid Production Market Share by Application (2019-2030)
6.2 Global Palmitic Acid Production Value by Application (2019-2030)
6.2.1 Global Palmitic Acid Production Value by Application (2019-2024)
6.2.2 Global Palmitic Acid Production Value by Application (2025-2030)
6.2.3 Global Palmitic Acid Production Value Market Share by Application (2019-2030)
6.3 Global Palmitic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Wilmar International
7.1.1 Wilmar International Palmitic Acid Corporation Information
7.1.2 Wilmar International Palmitic Acid Product Portfolio
7.1.3 Wilmar International Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Wilmar International Main Business and Markets Served
7.1.5 Wilmar International Recent Developments/Updates
7.2 KLK Oleo
7.2.1 KLK Oleo Palmitic Acid Corporation Information
7.2.2 KLK Oleo Palmitic Acid Product Portfolio
7.2.3 KLK Oleo Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 KLK Oleo Main Business and Markets Served
7.2.5 KLK Oleo Recent Developments/Updates
7.3 IOI Oleochemical
7.3.1 IOI Oleochemical Palmitic Acid Corporation Information
7.3.2 IOI Oleochemical Palmitic Acid Product Portfolio
7.3.3 IOI Oleochemical Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 IOI Oleochemical Main Business and Markets Served
7.3.5 IOI Oleochemical Recent Developments/Updates
7.4 PT Sumi Asih Oleochemical
7.4.1 PT Sumi Asih Oleochemical Palmitic Acid Corporation Information
7.4.2 PT Sumi Asih Oleochemical Palmitic Acid Product Portfolio
7.4.3 PT Sumi Asih Oleochemical Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 PT Sumi Asih Oleochemical Main Business and Markets Served
7.4.5 PT Sumi Asih Oleochemical Recent Developments/Updates
7.5 PT.Cisadane Raya Chemicals
7.5.1 PT.Cisadane Raya Chemicals Palmitic Acid Corporation Information
7.5.2 PT.Cisadane Raya Chemicals Palmitic Acid Product Portfolio
7.5.3 PT.Cisadane Raya Chemicals Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 PT.Cisadane Raya Chemicals Main Business and Markets Served
7.5.5 PT.Cisadane Raya Chemicals Recent Developments/Updates
7.6 Shuangma Chemical
7.6.1 Shuangma Chemical Palmitic Acid Corporation Information
7.6.2 Shuangma Chemical Palmitic Acid Product Portfolio
7.6.3 Shuangma Chemical Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Shuangma Chemical Main Business and Markets Served
7.6.5 Shuangma Chemical Recent Developments/Updates
7.7 VVF
7.7.1 VVF Palmitic Acid Corporation Information
7.7.2 VVF Palmitic Acid Product Portfolio
7.7.3 VVF Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 VVF Main Business and Markets Served
7.7.5 VVF Recent Developments/Updates
7.8 Pacific Oleo
7.8.1 Pacific Oleo Palmitic Acid Corporation Information
7.8.2 Pacific Oleo Palmitic Acid Product Portfolio
7.8.3 Pacific Oleo Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Pacific Oleo Main Business and Markets Served
7.7.5 Pacific Oleo Recent Developments/Updates
7.9 Twin Rivers Technologies
7.9.1 Twin Rivers Technologies Palmitic Acid Corporation Information
7.9.2 Twin Rivers Technologies Palmitic Acid Product Portfolio
7.9.3 Twin Rivers Technologies Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Twin Rivers Technologies Main Business and Markets Served
7.9.5 Twin Rivers Technologies Recent Developments/Updates
7.10 PT. Musim Mas
7.10.1 PT. Musim Mas Palmitic Acid Corporation Information
7.10.2 PT. Musim Mas Palmitic Acid Product Portfolio
7.10.3 PT. Musim Mas Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.10.4 PT. Musim Mas Main Business and Markets Served
7.10.5 PT. Musim Mas Recent Developments/Updates
7.11 Cailà & Parés
7.11.1 Cailà & Parés Palmitic Acid Corporation Information
7.11.2 Cailà & Parés Palmitic Acid Product Portfolio
7.11.3 Cailà & Parés Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Cailà & Parés Main Business and Markets Served
7.11.5 Cailà & Parés Recent Developments/Updates
7.12 PMC
7.12.1 PMC Palmitic Acid Corporation Information
7.12.2 PMC Palmitic Acid Product Portfolio
7.12.3 PMC Palmitic Acid Production, Value, Price and Gross Margin (2019-2024)
7.12.4 PMC Main Business and Markets Served
7.12.5 PMC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Palmitic Acid Industry Chain Analysis
8.2 Palmitic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Palmitic Acid Production Mode & Process
8.4 Palmitic Acid Sales and Marketing
8.4.1 Palmitic Acid Sales Channels
8.4.2 Palmitic Acid Distributors
8.5 Palmitic Acid Customers
9 Palmitic Acid Market Dynamics
9.1 Palmitic Acid Industry Trends
9.2 Palmitic Acid Market Drivers
9.3 Palmitic Acid Market Challenges
9.4 Palmitic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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