(MENAFN- America News Hour) Rubber segment ofTallow
Fatty Acids Marketis expected to have growth over 2% in the forecast
period. The market of rubber segment will be primarily driven by uplifting
demand for product as vulcanizing agent. Moreover, the product plays a key role
in enhancing the metal-rubber adhesion due to which there will be high demand
for tallow fatty acids from the tire manufacturing industry by 2024.
Browse key industry insights
spread across 130 pages with 152 market data tables & 13 figures &
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Tallow fatty acids market size in
soaps & detergents sector, which was evaluated at over USD 500 million in
2016, is anticipated to experience an enormous expansion in the near future.
The growth can be ascribed to rising use of the product in the manufacture of
soaps & detergents as a result of its outstanding moisturizing &
conditioning characteristics.
Tallow Fatty Acids Market is
projected to witness an escalating growth over the span of the next few years,
driven by the wide range of product applications in personal care items, soaps
& detergents, rubber, and plastics. Global cleaning product business
revenue, worth over USD 60 billion in 2013, is predicted to surpass USD 100
billion by 2024. It is expected to record a CAGR of over 7% during the period
from 2017 to 2024, subject to strict government policies promoting clean &
hygiene environment across the manufacturing and food & beverages sector.
This will offer lucrative prospects for the industry players to expand their
business across the globe. Global Market Insights, Inc., state that tallow
fatty acids industry revenue, which is estimated to cross the USD 3 billion by
2024, will grow at a rate of more than 2.5% over 2017 to 2024.
North America contributed over
30% of the overall tallow fatty acids market share in 2016. The regional growth
had been largely attributed to the favorable regulations towards safeguarding
hygiene & health conditions across production facilities. Additionally,
vigorous automotive production and sales in U.S. are expected to foster business
growth in rubber processing and other applications associated with it.
Asia Pacific region is probable
to observe maximum gains in the forecast period owing to elevating end-use
industries like automotive, construction and electronics. Growth trends in the
regional FMCG market. Ever-increasing automotive production and sales in India,
China, Indonesia and Japan will also contribute significantly to the market
growth.
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Table Of Content For This
Research Report:
Chapter 5. Tallow Fatty Acids Market, By End-user
5.1.
Tallow fatty acids market share by end-user, 2016 & 2024
5.2.
Soaps & detergents
5.2.1.
Market estimates and forecasts, 2013 - 2024
5.2.2.
Market estimates and forecasts by region, 2013 – 2024
5.3.
Rubber
5.3.1.
Market estimates and forecasts, 2013 - 2024
5.3.2.
Market estimates and forecasts by region, 2013 – 2024
5.4.
Plastics
5.4.1.
Market estimates and forecasts, 2013 - 2024
5.4.2.
Market estimates and forecasts by region, 2013 – 2024
5.5.
Personal care products
5.5.1.
Market estimates and forecasts, 2013 - 2024
5.5.2.
Market estimates and forecasts by region, 2013 – 2024
5.6.
Others
5.6.1.
Market estimates and forecasts, 2013 - 2024
5.6.2.
Market estimates and forecasts by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @https://www.gminsights.com/toc/detail/tallow-fatty-acids-market
Foremost tallow fatty acids
market players are BASF SE, AkzoNobel, Emery Oleochemicals, Vantage
Oleochemicals, Godrej Industries, Acme-Hardesty, Twin Rivers Technologies,
Chemol, Colgate Palmolive, LG Household and Healthcare, FerroMac International,
H Foster & Co. and Chemithon Enterprises, Baerlocher GmbH.
Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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