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    Tall Oil Fatty Acid Market Report

    Tall Oil Fatty Acid Market Report
    Report code - SR1580 Delivery - 2 Weeks
    Tall Oil Fatty Acid Market Size, Share, Trend, Forecast, & Industry Analysis: 2022-202 See more...

    Market Insights

    Tall Oil Fatty Acid Market is expected to grow from USD 865.15 million in 2021 to USD 1190.4 million by 2028 at a CAGR of 4.6% during the forecast period of 2022-2028.

    Tall-Oil-Fatty-Acid-Market-Size

    What is tall oil fatty acid?

    Tall oil fatty acid, also known as liquid rosin, is basically a viscous yellow-black odorous liquid derived from the stumps of pine trees. This fatty acid is used as a component of adhesives, rubbers, inks, and as an emulsifier.

    Market Drivers

    Growing soaps & detergents industry and increase in oil field applications in North America and the Middle East are some of the key factors contributing to the growth of the market during the forecast period.

    Tall-Oil-Fatty-Acid-Market-Snapshot

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    Segment Analysis

    By Product Type

    Based on the product type, the market is segmented as oleic acid, linoleic acid, and others. Linoleic acid is estimated to hold the major share of the market during the forecast period on account of the growing demand from various end-user industries such as coatings, adhesives, and sealants. Similarly, oleic acid is also estimated to witness significant growth in the market over the forecast period owing to its extensive utilization as an oleochemical and oilfield chemical.

    By Application Type

    Based on the application type, the market is segmented as dimer acids, alkyd resins, fatty acid esters, and others. Alkyd resins are estimated to be the largest as well as the fastest-growing application segment of the market over the forecast period on account of their extensive utilization in the paints & coatings industry. In addition, dimer acids are expected to witness significant growth in the market majorly due to the growing oilfield sector in North America during the forecast period.

    By End-User Type

    Based on the end-user type, the market is segmented as soaps & detergents, coatings, lubricants, plastics, fuel additives, metal working fluids, and others. Lubricants and fuel additives are estimated to hold a major share of the market together during the forecast period on account of their growing popularity as an oilfield chemical over animal-derived tallow oil products. Moreover, soaps & detergents are also estimated to witness significant growth in the market over the forecast period.

    By Region

    In terms of regions, North America is estimated to account for the major share of the market during the forecast period, owing to the easy availability of raw materials, and increasing crude oil production coupled with shale gas exploration activities in the U.S. Further, Asia-Pacific is estimated to witness significant growth in the market on account of the growing demand for plant-derived products in the region during the forecast period.

    Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The tall oil fatty acid market is segmented into the following categories.

    By Product Type:

    • Oleic Acid
    • Linoleic Acid
    • Others

    By Application Type:

    • Dimer Acids
    • Alkyd Resins
    • Fatty Acid Esters
    • Others

    By End-User Type:

    • Soap & Detergents
    • Coatings 
    • Lubricants
    • Plastics
    • Fuel Additives
    • Metal Working Fluids
    • Others

    By Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the tall oil fatty acid market are-

    • Arizona Chemical Company LLC
    • Chemical Associates Inc.
    • Eastman Chemical Company
    • Florachem Corporation
    • Forchem Oy
    • Georgia-Pacific Chemicals LLC
    • Harima Chemicals Group, Inc.
    • Kraton Corporation
    • Lintech International LLC
    • Segezha Pulp and Paper Mill.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The tall oil fatty acid market is expected to witness an impressive growth of 4.6% CAGR during 2022-2028.

    the tall oil fatty acid market is expected to reach USD 1190.4 million in 2028.

    Arizona Chemical Company LLC, Chemical Associates Inc., Eastman Chemical Company, Florachem Corporation, Forchem Oy, Georgia-Pacific Chemicals LLC, Harima Chemicals Group, Inc., Kraton Corporation, Lintech International LLC, and Segezha Pulp and Paper Mill are among the key players in the market.

    Alkyd resins segment is expected to be the largest application type in the market in the foreseeable years.

    Lubricants and fuel additives are expected to hold the major share in the market in the coming years.

    North America is expected to account for the major share in the market during the forecast period.

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