Fatty Acid Methyl Esters Market Analysis By Demand, By Region, By Applications and Forecast Report Till 2032

Fatty Acid Methyl Esters Market Overview

FAME is derived from oils and fats such as used cooking oils, soya oil, palm oil, rapeseed oil, sunflower oil, and animal fats. It is increasingly being used for the production of biodiesel. Some other applications of fatty acid methyl ester include paints and coatings, lubricants, agricultural products, and personal care products, among others.

FAME is manufactured from vegetable oils, animal fats, and cooking oils by the process of transesterification. In this process, a glyceride reacts with an alcohol in the presence of a catalyst to form a mixture of fatty acids esters and alcohol.

Fatty Acid Methyl Esters Demand Analysis

In terms of FAME demand by type, rapeseed methyl ester holds the largest share in the FAME market. The demand for rapeseed oil is increasing because it has 30-40% better oil content. Rapeseed oil produces high cetane number biodiesel which allows complete combustion and helps in lowering the emissions. This is due to the increasing use of rapeseed as the primary raw material for oil methyl ester production, as rapeseed has better oil content (30-37%) than other types of raw material used in manufacturing. Low profitability and weather conditions are expected to weigh on rapeseed planting and hence the rapeseed oil methyl ester. It can be used in pure form or may be mixed with petroleum diesel in most injection pump diesel engines.

In terms of the FAME market, the biodiesel segment is the major application of FAME. FAME is used as an alternative to diesel and gas oil for various automobiles and static engines. 7% FAME is used in the manufacture of pump diesel.  The rise in the sale of passenger vehicles, modernization of vehicles, and greater demand for commercial vehicles to address demand from e-commerce and logistics support the growth of the industry.

Key Players in the FAME Market:

Rise in demand for sustainable fuel sources

The global FAME market is driven by the rising awareness for environmental concerns and an increasing shift toward sustainable solutions.

Initiatives taken by public and private organizations in the world to decrease dependency on fossil fuels will boost the FAME market in the forecast period. Efforts are being taken to adopt sustainable fuel sources such as biodiesel to meet energy demand while reducing carbon emissions.

Restriction on carbon emissions from vehicles and the adoption of cleaner fuels has increased the demand for FAME. Reducing oil supplies and the ability to ensure greater fuel security has increased the popularity of FAME.

Greater demand from developing nations, rise in industrialization, and growth in penetration of automobiles further boost the demand for FAME.

There has been increasing demand for fatty acid methyl ester for applications such as lubricants, paints & coatings, detergents & surfactants, agrochemicals, personal care & cosmetics, and others. Technological advancements and investments in research and development would encourage market players to develop new products and explore novel technologies.

 

 

Scope of Report 

The Fatty Acid Methyl Ester (FAME) report describes the global Fatty Acid Methyl Ester (FAME) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Capacity 
•  Sales & Revenue
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Fatty Acid Methyl Ester (FAME) Market data in terms of volume and value for each end-use 
    at regional and country level
•  Fatty Acid Methyl Ester (FAME) Market analysis for capacity and demand, 
    at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Type
          -  Application
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2021
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      • Fuels
      • Paints & Coatings
      • Industrial
      • Food & Beverages
      • Agriculture
      • Others 
5.  Introduction to Fatty Acid Methyl Ester (FAME) and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          Opportunities
          -  Challenges
7.  Global Fatty Acid Methyl Ester (FAME) Demand Analysis, By Type, By Application (Volume, Value) (2016–2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Fatty Acid Methyl Ester (FAME) Market, By Type
          -  Rapeseed Methyl Ester
          -  Palm Oil Methyl Ester
          -  Soya Methyl Ester 
          -  Others
      •  Global Fatty Acid Methyl Ester (FAME) Market, By Application
          Fuels
          Coatings
          Lubricants
          Metalworking Fluids
          Food and Agriculture
          Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  Fatty Acid Methyl Ester (FAME) Market, By Type
      •  Fatty Acid Methyl Ester (FAME) Market, By Application
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by type, by application has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the types and applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      •  Fatty Acid Methyl Ester (FAME) Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             - Wilmar International Limited
             - Cargill
             - BASF
             - P&G Chemicals
             - Evonik Industries
             - Emery Oleochemicals Group
             - Archer Daniels Midland Company
             - Berg + Schmidt Gmbh
             - Longyan Zhuoyue New Energy Co. Ltd
             - Western Lowa Energy
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Fatty Acid Methyl Ester (FAME) report describes the global Fatty Acid Methyl Ester (FAME) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Capacity 
•  Sales & Revenue
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Fatty Acid Methyl Ester (FAME) Market data in terms of volume and value for each end-use 
    at regional and country level
•  Fatty Acid Methyl Ester (FAME) Market analysis for capacity and demand, 
    at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

What is the market of fatty acid methyl esters (FAME)?
fatty acid methyl esters (FAME) market was valued at USD 16 billion in 2022. is growing at a CAGR of 4.5% from 2024 to 2032.