Global Tall Oil Fatty Acid Market 2017-2021

Global Tall Oil Fatty Acid Market 2017-2021

  • December 2017 •
  • 89 pages •
  • Report ID: 5242284 •
  • Format: PDF
About Tall Oil Fatty Acid

Tall oil is also known as liquid rosin or tallol. It consists of three major components: unsaponifiables, resin acids, and fatty acids.

Tall oil fatty acid is formed when esters and carboxylic acids are subjected to a temperature in the Kraft process of paper pulping. It is mainly derived from pine and coniferous trees. The increasing demand for tall oil fatty acid as a viscosity modifier, lubricant, and corrosion inhibitor will increase its market share in the oil and gas industry.

The increasing demand for plant-based chemical derivatives over animal-based and crude oil-based chemicals will favor the growth of the market during the forecast period. The increasing demand for unconventional resources of energy will boost the market for lubricants and drilling fluids, thus driving the growth of the global tall oil fatty acid market.

Technavio’s analysts forecast the global tall oil fatty acid market to grow at a CAGR of 4.76% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global tall oil fatty acid market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
• Europe
• North America

Technavio’s report, Global Tall Oil Fatty Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Eastman Chemical Company
• Georgia-Pacific Chemicals
• Harima Chemicals Group
• Ingevity
• Kraton Corporation

Other prominent vendors
• ExxonMobil
• Forchem
• Pasand Speciality Chemical
• Spectrum Chemical Manufacturing
• Technical Industries
• Werner G.Smith

Market driver
• Rising use in soaps and detergents
• For a full, detailed list, view our report

Market challenge
• Declining production of paper
• For a full, detailed list, view our report

Market trend
• Increasing use in rubber industry
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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