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The global Tall Oil Fatty Acid market was valued at 66.81 Million USD in 2021 and will grow with a CAGR of .96% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Tall oil fatty acid is a light yellow liquid produced from the fractional distillation of crude tall oil. Tall oil fatty acid is rich in oleic acid, linoleic acid and others. It is used in variety of applications including metal working fluids, lubricants, industrial cleaners and coating.The production of tall oil fatty acid distributed in North American and Europe. In 2015, North American produced 176 K MT tall oil fatty acid accounting for 42.72% of global production, while Europe manufactured 188.4 K MT and took for about 45.73% of total production. Finland is the manufacturing country of Europe. However, Asia tall oil fatty acid production concentrated in Russia and its product capacity is relatively low. Arizona, Westrock, Forchem and Georgia-Pacific are the manufacturing giants in this field, taking more than 60% of the global production. Russia manufacturers such as OOO Torgoviy Dom Lesokhimik and Segezha Group, only take for 2.84 and 2.01 percent of the global total production. Tall oil fatty acid can be classified in to three types as follows: Type I, having a minimum of 188 mg KOH/g acids value and a maximum of 2% rosin acids. Type II, having a minimum of 190 mg KOH/g acids value and a maximum of 5% rosin acids. Type III, having a minimum of 192 mg KOH/g acids value and a maximum of 10% rosin acids.
By Market Verdors:
Arizona
Westrock
Forchem
Georgia-Pacific
Harima
ChemicalAssociates
Florachem
IOP
OOOTorgoviyDomLesokhimik
Lascaray
SegezhaGroup
Eastman
PineChemicalGroup
By Types:
Type I
Type II
Type III
By Applications:
Alkyd Resins
Dimer Acids
Lubricant Additives
Soaps & Detergents
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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