TBIQYR5041-Global Palmitic Acid Market Research Report 2019

                                          
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. 
Palmitic acid, a kind of fatty acid, derived from palm oil. It is a major component in the oils from palm trees. Applications of palmitic acid include soap & detergent, cosmetics, grease & lubricant, etc. Among those applications, soap & detergent accounts for the largest market share, which was about 49.99% in 2016.

The palmitic acid industry production is mainly concentrated in Asian region, such as Malaysia, Indonesia, China and so on. The largest producing region is Southeast Asia, which produced 135373 MT in 2016. The follower is China, holding 18.50% production share. Global production of palmitic acid increased from 166874 MT in 2012 to 202653 MT in 2016.

As for consumption, Europe is the largest consumer with about 33.51% share in 2016. The second consumer is China, consuming 57456 MT in the same year.

The palmitic acid industry has close relationship with the palm oil industry. Due to its low profit, some companies engaged in the palm oil industry have given up the business. In China, there are just a few suppliers. 

The global Palmitic Acid market is valued at 210 million US$ in 2018 is expected to reach 260 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.
This report focuses on Palmitic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Palmitic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are 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 Group

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Distilled Type
    Fractionated Type

Segment by Application
    Soap & Detergent
    Cosmetics
    Grease & Lubricant
    Others