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Palmitic Acid-Global Market Insights and Sales Trends 2025
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 size is expected to reach US$ 287.5 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Palmitic Acid in various end use industries. The expanding demands from the Soap & Detergent, Cosmetics, Grease & Lubricant and Others, are propelling Palmitic Acid market. Distilled Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Fractionated Type segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Palmitic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Palmitic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Palmitic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Palmitic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Palmitic Acid covered in this report include Wilmar International, KLK Oleo, IOI Oleochemical, PT Sumi Asih Oleochemical, PT.Cisadane Raya Chemicals, Shuangma Chemical, VVF, Pacific Oleo and Twin Rivers Technologies, etc.
The global Palmitic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Palmitic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Palmitic Acid market, Segment by Type:
Distilled Type
Fractionated Type
Global Palmitic Acid market, by Application
Soap & Detergent
Cosmetics
Grease & Lubricant
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Palmitic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Palmitic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 size is expected to reach US$ 287.5 million by 2029, growing at a CAGR of 2.4% from 2023 to 2029. The market is mainly driven by the significant applications of Palmitic Acid in various end use industries. The expanding demands from the Soap & Detergent, Cosmetics, Grease & Lubricant and Others, are propelling Palmitic Acid market. Distilled Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Fractionated Type segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Palmitic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Palmitic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Palmitic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Palmitic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Palmitic Acid covered in this report include Wilmar International, KLK Oleo, IOI Oleochemical, PT Sumi Asih Oleochemical, PT.Cisadane Raya Chemicals, Shuangma Chemical, VVF, Pacific Oleo and Twin Rivers Technologies, etc.
The global Palmitic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Palmitic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Palmitic Acid market, Segment by Type:
Distilled Type
Fractionated Type
Global Palmitic Acid market, by Application
Soap & Detergent
Cosmetics
Grease & Lubricant
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Palmitic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Palmitic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Palmitic Acid Market Overview
1.1 Palmitic Acid Product Overview
1.2 Palmitic Acid Market Segment by Type
1.2.1 Distilled Type
1.2.2 Fractionated Type
1.3 Global Palmitic Acid Market Size by Type
1.3.1 Global Palmitic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Palmitic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Palmitic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Palmitic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Palmitic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Palmitic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Palmitic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Palmitic Acid Sales Breakdown by Type (2018-2023)
2 Global Palmitic Acid Market Competition by Company
2.1 Global Top Players by Palmitic Acid Sales (2018-2023)
2.2 Global Top Players by Palmitic Acid Revenue (2018-2023)
2.3 Global Top Players by Palmitic Acid Price (2018-2023)
2.4 Global Top Manufacturers Palmitic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Palmitic Acid Market Competitive Situation and Trends
2.5.1 Palmitic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Palmitic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Palmitic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Palmitic Acid Market
2.8 Key Manufacturers Palmitic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Palmitic Acid Status and Outlook by Region
3.1 Global Palmitic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Palmitic Acid Historic Market Size by Region
3.2.1 Global Palmitic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Palmitic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Palmitic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Palmitic Acid Forecasted Market Size by Region
3.3.1 Global Palmitic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Palmitic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Palmitic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Palmitic Acid by Application
4.1 Palmitic Acid Market Segment by Application
4.1.1 Soap & Detergent
4.1.2 Cosmetics
4.1.3 Grease & Lubricant
4.1.4 Others
4.2 Global Palmitic Acid Market Size by Application
4.2.1 Global Palmitic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Palmitic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Palmitic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Palmitic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Palmitic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Palmitic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Palmitic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Palmitic Acid Sales Breakdown by Application (2018-2023)
5 North America Palmitic Acid by Country
5.1 North America Palmitic Acid Historic Market Size by Country
5.1.1 North America Palmitic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Palmitic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Palmitic Acid Sales in Value by Country (2018-2023)
5.2 North America Palmitic Acid Forecasted Market Size by Country
5.2.1 North America Palmitic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Palmitic Acid Sales in Value by Country (2024-2029)
6 Europe Palmitic Acid by Country
6.1 Europe Palmitic Acid Historic Market Size by Country
6.1.1 Europe Palmitic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Palmitic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Palmitic Acid Sales in Value by Country (2018-2023)
6.2 Europe Palmitic Acid Forecasted Market Size by Country
6.2.1 Europe Palmitic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Palmitic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Palmitic Acid by Region
7.1 Asia-Pacific Palmitic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Palmitic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Palmitic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Palmitic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Palmitic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Palmitic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Palmitic Acid Sales in Value by Region (2024-2029)
8 Latin America Palmitic Acid by Country
8.1 Latin America Palmitic Acid Historic Market Size by Country
8.1.1 Latin America Palmitic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Palmitic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Palmitic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Palmitic Acid Forecasted Market Size by Country
8.2.1 Latin America Palmitic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Palmitic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Palmitic Acid by Country
9.1 Middle East and Africa Palmitic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Palmitic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Palmitic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Palmitic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Palmitic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Palmitic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Palmitic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Wilmar International
10.1.1 Wilmar International Company Information
10.1.2 Wilmar International Introduction and Business Overview
10.1.3 Wilmar International Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Wilmar International Palmitic Acid Products Offered
10.1.5 Wilmar International Recent Development
10.2 KLK Oleo
10.2.1 KLK Oleo Company Information
10.2.2 KLK Oleo Introduction and Business Overview
10.2.3 KLK Oleo Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 KLK Oleo Palmitic Acid Products Offered
10.2.5 KLK Oleo Recent Development
10.3 IOI Oleochemical
10.3.1 IOI Oleochemical Company Information
10.3.2 IOI Oleochemical Introduction and Business Overview
10.3.3 IOI Oleochemical Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 IOI Oleochemical Palmitic Acid Products Offered
10.3.5 IOI Oleochemical Recent Development
10.4 PT Sumi Asih Oleochemical
10.4.1 PT Sumi Asih Oleochemical Company Information
10.4.2 PT Sumi Asih Oleochemical Introduction and Business Overview
10.4.3 PT Sumi Asih Oleochemical Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 PT Sumi Asih Oleochemical Palmitic Acid Products Offered
10.4.5 PT Sumi Asih Oleochemical Recent Development
10.5 PT.Cisadane Raya Chemicals
10.5.1 PT.Cisadane Raya Chemicals Company Information
10.5.2 PT.Cisadane Raya Chemicals Introduction and Business Overview
10.5.3 PT.Cisadane Raya Chemicals Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 PT.Cisadane Raya Chemicals Palmitic Acid Products Offered
10.5.5 PT.Cisadane Raya Chemicals Recent Development
10.6 Shuangma Chemical
10.6.1 Shuangma Chemical Company Information
10.6.2 Shuangma Chemical Introduction and Business Overview
10.6.3 Shuangma Chemical Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shuangma Chemical Palmitic Acid Products Offered
10.6.5 Shuangma Chemical Recent Development
10.7 VVF
10.7.1 VVF Company Information
10.7.2 VVF Introduction and Business Overview
10.7.3 VVF Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 VVF Palmitic Acid Products Offered
10.7.5 VVF Recent Development
10.8 Pacific Oleo
10.8.1 Pacific Oleo Company Information
10.8.2 Pacific Oleo Introduction and Business Overview
10.8.3 Pacific Oleo Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Pacific Oleo Palmitic Acid Products Offered
10.8.5 Pacific Oleo Recent Development
10.9 Twin Rivers Technologies
10.9.1 Twin Rivers Technologies Company Information
10.9.2 Twin Rivers Technologies Introduction and Business Overview
10.9.3 Twin Rivers Technologies Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Twin Rivers Technologies Palmitic Acid Products Offered
10.9.5 Twin Rivers Technologies Recent Development
10.10 PT. Musim Mas
10.10.1 PT. Musim Mas Company Information
10.10.2 PT. Musim Mas Introduction and Business Overview
10.10.3 PT. Musim Mas Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.10.4 PT. Musim Mas Palmitic Acid Products Offered
10.10.5 PT. Musim Mas Recent Development
10.11 Cailà & Parés
10.11.1 Cailà & Parés Company Information
10.11.2 Cailà & Parés Introduction and Business Overview
10.11.3 Cailà & Parés Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Cailà & Parés Palmitic Acid Products Offered
10.11.5 Cailà & Parés Recent Development
10.12 PMC
10.12.1 PMC Company Information
10.12.2 PMC Introduction and Business Overview
10.12.3 PMC Palmitic Acid Sales, Revenue and Gross Margin (2018-2023)
10.12.4 PMC Palmitic Acid Products Offered
10.12.5 PMC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Palmitic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Palmitic Acid Industrial Chain Analysis
11.4 Palmitic Acid Market Dynamics
11.4.1 Palmitic Acid Industry Trends
11.4.2 Palmitic Acid Market Drivers
11.4.3 Palmitic Acid Market Challenges
11.4.4 Palmitic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Palmitic Acid Distributors
12.3 Palmitic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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