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Palm Acid Oil Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2019-10-02   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8131 |  Industry: Chemical & Material  |   Format : pdf word ppt excel



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By-product derived from chemical refining of palm oil is known as palm acid oil (PAO). PAO finds application in the formulation of animal feeds, distilled fatty acid production, and laundry soap making. Moreover, it is extensively deployed for mixing in biofuel transportation fuel. Palm acid oil comprises free fatty acid over 50% and neutral oil, along with 2-3% moisture as well as other impurities.

Palm acid oil is very similar to palm fatty acid distillate (PFAD), except the proportion of free fatty acid, which is comparatively lower. Smell and color are the key aspects to be considered. Pretreatment, neutralization, and acidulation are the three steps involved in the manufacturing of palm acid oil. The palm acid oil market has been undergoing a number of product introductions and development. One such instance is pure crude palm acid oil. It consists of natural chemical compounds that are essential for health as well as nutrition. It also helps in reducing the blood serum cholesterol, hardening of the arteries, as well as blood clotting.

Increasing Application of Palm Acid Oil to Act as a Key Driver

Increasing application of palm acid oil in animal feed formulation, distilled fatty acid production, and laundry soap making is a key factor driving the palm acid oil market. Growing awareness among the end-user industries regarding the uses of palm acid oil is also acting as a key factor driving the palm acid oil market. Product innovations and technological advancements are also playing a key role in boosting the market growth.

Key Players to Launch New Products to Sustain the Competition

Key players operating in the global palm acid oil market include Kurnia Sari Utama, PT Energy Feeds, Tanimas Group, Bathich Group, Suryatama Kencana Jaya, LIMA Group, Inter-Trade Solutions, Future Prelude Sdn Bhd, and PT. Global Mandiri Sentosa.

Market participants are expected to launch novel products in order to cater to the large consumer base and gain significant share in the market. For instance, lately, Tanimas Group launched PAO Yellowish Brown with the help of high-grade natural extracts. These oils can be used in the production of cosmetics and soaps.

 Key Points to Remember

 Increasing application of palm acid oil to act as a key driver in the global palm acid oil market

 Key players to introduce new products to attract more customers

 Palm acid oil is expected to gain popularity in the making of laundry soaps

 Asia Pacific to emerge as a lucrative region in the global palm acid oil market in the forthcoming years

By Product Type

 PAO Yellowish

 PAO Brownish

       By Application

 Soap

 Animal Feeds

 Biodiesel

 Other

The global palm acid oil market is segregated on the basis of product types as PAO Yellowish and PAO Brownish. As per the analysts, demand for PAO Yellowish may witness a surge as compared to other types. The report offers comprehensive analysis of both the product type segments of the global palm acid oil market. According to the researchers, palm acid oil is expected to gain traction in the formation of laundry soaps. Animal feeds and biodiesel are also prophesied to emerge as promising application segments in the near future.

By Region

world_regions

 

Asia Pacific is expected to witness significant growth in the coming years owing to large scale production of palm acid oil in the region. Presence of leading manufacturers in countries such as Indonesia and Malaysia could be one of the leading factors supporting the overall growth of the palm acid oil market in Asia Pacific. Europe is also likely to emerge as a promising region in the coming years. The regional analysis will give a clear cut understanding to the readers regarding the current and future situations of the palm acid oil market.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Palm Acid Oil Market Report