Palm Methyl Ester Derivative Market: By Type (Palm Kernel Oil (PKO) and Crude Palm Oil (CPO)), By Product (Methyl Myristate, Methyl Palmitate, Methyl Caprylate, Methyl Linoleate, Methyl Stearate, Methyl Laurate and Methyl Oleate), By Application (Soaps and Detergents, Personal Care Products and Cosmetics, Food and Beverages, Lubricants and Additives, Solvents and Others) and Geography  

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Palm Methyl Ester Derivative Market size valued USD 1,432.2 million in 2022 and is poised to grow at a CAGR of 6.5% from 2023-2029. Some of the key factors influencing the market growth include rising consumer preference for natural personal care products and cosmetics, increased adoption of organic products, rising product availability and standardization However, regulatory pressure on companies are likely to limit the market growth. This report studies global palm methyl ester derivative market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

Global Palm Methyl Ester Derivative Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.5%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific
Palm Methyl Ester Derivative Market Dynamics

Beauty and personal care products continue to cause excitement among consumers who want to live a more holistic lifestyle, with the industry redoubling its efforts to create product lines that are cleaner and greener. Growing awareness about health, wellness, and personal grooming and appearance among men is projected to account for a rise in the demand for men’s grooming products also. Rise in awareness about the benefits of natural ingredients used in personal care and homecare products is a major factor driving the demand for palm methyl ester derivatives. Palm methyl ester derivatives are oleochemicals derived from crude palm oil (CPO) and palm kernel oil (PKO). Shifting consumer preference for natural materials and process sustainability in food, personal care, and other sectors are estimated to boost the demand for palm methyl ester derivatives in the near future.

Key Features of the Reports

  • Global palm methyl ester derivative market expanding at significant CAGR over 2023 to 2029 owing to rising consumer preference for natural personal care products and cosmetics
  • Based on type, palm kernel oil (PKO) segment accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Palm Methyl Ester Derivative market

Global Palm Methyl Ester Derivative Market Segmentation

By Type
  • Palm Kernel Oil (PKO)
  • Crude Palm Oil (CPO)
By Product
  • Methyl Myristate
  • Methyl Palmitate
  • Methyl Caprylate
  • Methyl Linoleate
  • Methyl Stearate
  • Methyl Laurate
  • Methyl Oleate
By Application
  • Soaps and Detergents
  • Personal Care Products and Cosmetics
  • Food and Beverages
  • Lubricants and Additives
  • Solvents
  • Others

Frequently Asked Questions

The palm methyl ester derivative market size was valued at USD 1,432.2 million in 2022

Expanding personal care and cosmetic application will drive the market’s growth

Asia Pacific is the fastest-growing for palm methyl ester derivative market

Table of Content

  1. Executive Summary
  2. Global Palm Methyl Ester Derivative Market Introduction
    • Global Palm Methyl Ester Derivative Market Taxonomy
    • Global Palm Methyl Ester Derivative Market Definitions
      • Type
      • Product
      • Application
  1. Global Palm Methyl Ester Derivative Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Palm Methyl Ester Derivative Market Dynamic Factors - Impact Analysis
    • Global Palm Methyl Ester Derivative Market Competition Landscape
  2. Global Palm Methyl Ester Derivative Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Palm Methyl Ester Derivative Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Palm Kernel Oil (PKO)
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Crude Palm Oil (CPO)
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Palm Methyl Ester Derivative Market, By Product, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Methyl Myristate
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Methyl Palmitate
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Methyl Caprylate
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Methyl Linoleate
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Methyl Stearate
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Methyl Laurate
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Methyl Oleate
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Palm Methyl Ester Derivative Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Soaps and Detergents
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Personal Care Products and Cosmetics
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Food and Beverages
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Lubricants and Additives
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Solvents
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Palm Methyl Ester Derivative Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Palm Methyl Ester Derivative Market - Opportunity Analysis Index, By Type, Product, Application and Region, 2023 - 2029
  2. North America Palm Methyl Ester Derivative Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Palm Kernel Oil (PKO)
      • Crude Palm Oil (CPO)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Methyl Myristate
      • Methyl Palmitate
      • Methyl Caprylate
      • Methyl Linoleate
      • Methyl Stearate
      • Methyl Laurate
      • Methyl Oleate
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Soaps and Detergents
      • Personal Care Products and Cosmetics
      • Food and Beverages
      • Lubricants and Additives
      • Solvents
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Palm Methyl Ester Derivative Market - Opportunity Analysis Index, By Type, Product, Application and Country, 2023 - 2029
    • North America Palm Methyl Ester Derivative Market Dynamics Trends
  3. Europe Palm Methyl Ester Derivative Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Palm Kernel Oil (PKO)
      • Crude Palm Oil (CPO)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Methyl Myristate
      • Methyl Palmitate
      • Methyl Caprylate
      • Methyl Linoleate
      • Methyl Stearate
      • Methyl Laurate
      • Methyl Oleate
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Soaps and Detergents
      • Personal Care Products and Cosmetics
      • Food and Beverages
      • Lubricants and Additives
      • Solvents
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Palm Methyl Ester Derivative Market - Opportunity Analysis Index, By Type, Product, Application and Country, 2023 - 2029
    • Europe Palm Methyl Ester Derivative Market Dynamics Trends
  4. Asia-Pacific Palm Methyl Ester Derivative Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Palm Kernel Oil (PKO)
      • Crude Palm Oil (CPO)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Methyl Myristate
      • Methyl Palmitate
      • Methyl Caprylate
      • Methyl Linoleate
      • Methyl Stearate
      • Methyl Laurate
      • Methyl Oleate
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Soaps and Detergents
      • Personal Care Products and Cosmetics
      • Food and Beverages
      • Lubricants and Additives
      • Solvents
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Palm Methyl Ester Derivative Market - Opportunity Analysis Index, By Type, Product, Application and Country, 2023 - 2029
    • Asia-Pacific Palm Methyl Ester Derivative Market Dynamics Trends
  5. Latin America Palm Methyl Ester Derivative Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Palm Kernel Oil (PKO)
      • Crude Palm Oil (CPO)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Methyl Myristate
      • Methyl Palmitate
      • Methyl Caprylate
      • Methyl Linoleate
      • Methyl Stearate
      • Methyl Laurate
      • Methyl Oleate
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Soaps and Detergents
      • Personal Care Products and Cosmetics
      • Food and Beverages
      • Lubricants and Additives
      • Solvents
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Palm Methyl Ester Derivative Market - Opportunity Analysis Index, By Type, Product, Application and Country, 2023 - 2029
    • Latin America Palm Methyl Ester Derivative Market Dynamics Trends
  6. Middle East and Africa Palm Methyl Ester Derivative Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Palm Kernel Oil (PKO)
      • Crude Palm Oil (CPO)
    • Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Methyl Myristate
      • Methyl Palmitate
      • Methyl Caprylate
      • Methyl Linoleate
      • Methyl Stearate
      • Methyl Laurate
      • Methyl Oleate
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Soaps and Detergents
      • Personal Care Products and Cosmetics
      • Food and Beverages
      • Lubricants and Additives
      • Solvents
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Palm Methyl Ester Derivative Market - Opportunity Analysis Index, By Type, Product, Application and Country, 2023 - 2029
    • MEA Palm Methyl Ester Derivative Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Carotino Group
      • Emery Oleochemicals Group
      • IOI Corporation Berhad
      • KLK Oleo
      • Musim Mas Group
      • Oleon NV
      • Peter Cremer North America
      • The Procter & Gamble Company
      • VVF LLC
      • Wilmar International Ltd.
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Carotino Group
  • Emery Oleochemicals Group
  • IOI Corporation Berhad
  • KLK Oleo
  • Musim Mas Group
  • Oleon NV
  • Peter Cremer North America
  • The Procter & Gamble Company
  • VVF LLC
  • Wilmar International Ltd.

Adjacent Markets