View Sample Report to know additional highlights and key points on various market segments and their impact in coming years.
Vendor Insights
- Eastman Chemical Company, Georgia-Pacific Chemicals, Harima Chemicals Group, Ingevity, Kraton Corp., ExxonMobil, Forchem, Pasand Speciality Chemical, Technical Industries, Werner G.Smith are some of the major vendors in the market.
- The tall oil fatty acid market consists of limited multinational players.
- The threat of substitutes such as other plant-based and animal-based fatty acids is a key factor driving the market.
- Competitors are highly investing in R&D activities to make their products innovative and differentiate their offerings from others.
To understand more about additional vendors with various other strategies and their product offerings, Read Sample Market Forecast Report.
Geographical Market Analysis
- Based on geography, the market has been segmented into APAC, Europe, North America, and ROW.
- The market for tall oil fatty acid was dominated by North America in 2016.
- The high growth rate of this region is because of the increased drilling activities and the rise in the demand for drilling fluids.
- In addition, the easy availability and improved technology to extract tall oil fatty acid are likely to increase the demand in this region.
- The exploration of shale gas, coupled with increased drilling activities and crude oil production in the US, is contributing to the significant growth of the tall oil fatty acid market in North America.
To know more about this market's geographical distribution, View Free Sample Report
Key Market Trends:
- The increasing use in the rubber industry is another major factor supporting the tall oil fatty acid market growth.
- Tall oil fatty acid is used as a stabilizing and vulcanizing agent in the manufacturing of rubber.
- As the demand for vulcanized rubber is expected to grow, the use of tall oil fatty acid will also increase in the rubber industry.
Key Market Challenges:
- The declining production of paper will be a major challenge for the tall oil fatty acid market.
- As tall oil fatty acid can be derived from plants, its production capacity is limited. Its feedstock is crude tall oil (CTO), which is produced through the wood pulping process associated with paper milling.
- The decline in the production of paper due to the restrictions on cutting trees to produce paper will hamper the production rate of CTO, resulting in an overall decline in the production of tall oil fatty acid.
View free sample to uncover more facts for market trends and challenges impacting the tall oil fatty acid market.
Customize Your Report
Don't miss out on the opportunity to speak to our analysts and know more insights about this market forecast report. Our analysts can also help personalize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
We offer USD 1000 worth of FREE customization at the time of purchase. Speak to our Analyst now!
Related Reports:
- Fatty Acid Methyl Ester Market: The fatty acid methyl ester market has been segmented by application (fuel, coatings, lubricants, metalworking fluid, and others) and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report
- Arachidonic Acid Market: The arachidonic acid market has been segmented by application (infant formula and others) and geography (APAC, Europe, MEA, North America, and South America). Download Free Sample
Tall Oil Fatty Acid Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2016 |
Forecast period |
2017-2021 |
Growth momentum & CAGR |
Accelerate at a CAGR of about 5% |
Regional analysis |
APAC, Europe, North America, and ROW |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Eastman Chemical Company, Georgia-Pacific Chemicals, Harima Chemicals Group, Ingevity, Kraton Corp., ExxonMobil, Forchem, Pasand Speciality Chemical, Technical Industries, Werner G.Smith |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, future consumer dynamics, market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article