Deerfield Beach, FL, March 30, 2016 (GLOBE NEWSWIRE) -- Zion Research has released a new report titled “Fatty Methyl Ester Sulfonates (FMES) Market for Household Detergents, Personal Care Products and Other Applications - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020” According to the report, global fatty methyl ester sulfonates (FMES) market was valued at around USD 0.57 billion in 2014 and is expected to reach USD 1.58 billion in 2020, growing at a CAGR of around 18.6% between 2015 and 2020.
Fatty acid methyl esters are the products obtained from fats. These are the well known surfactants which are derived from renewable sources like oils and natural fats. It is categorized by good wetting, emulsifying, softening, good solubility, little stimulation to skin and high degradation rate among others. It has some biological properties like low toxicity, biodegrades similar to FAS and soap. Fatty acid methyl esters are widely used in commercial products such as soap, slurry, washing powder, house detergents, and liquid detergents.
Browse the full "Global Fatty Methyl Ester Sulfonates (FMES) Market for Household Detergents, Personal Care Products and Other Applications: Industry Perspective, Comprehensive Analysis, Size, Share, Segment, Trends and Forecast 2014 - 2020" report at http://www.marketresearchstore.com/report/global-fatty-methyl-ester-sulfonates-market-for-34645
Fatty acid methyl esters market is mainly driven by renewable and eco-friendly property of MES. There is a strong rise in demand of naturally obtain fatty acid methyl esters for different applications in commercial products such as household detergents, personal care products from different countries worldwide. This is expected to escalate demand of these surfactants in the years to come. However, concerns related to continuous availability of feedstock is expected to hamper growth of this market.
Fatty acid methyl esters market is segmented on the basis of application and region. Key application markets for fatty acid methyl esters include household detergents, personal care products and other applications. Household detergent was the largest application segment for fatty acid methyl esters in 2014, which accounted for about 40% of global consumption in 2014. Additionally, personal care application isalso expected to fuel demand of fatty acid methyl esters over the next few years.
Browse 25 Market Tables and 14 Figures spread through 72 Pages and an in-depth TOC on “Fatty Methyl Ester Sulfonates Market - Global Size, Shares, Trends, Segment & Forecast to 2020”
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Fatty acid methyl esters market was dominated by Europe accounted for around 40% share in total 2014. North America and Asia Pacific are another major consumer of fatty acid methyl esters. Asia Pacific is expected to further complement fatty acid methyl esters demand in the region due to increasing population and rising demand of commercial products in India and China.
Key players operating in this market includes Lion Corporation, Stepan Company, Huish Detergents, Jiangsu Haiqing Biotechnology, Guangzhou Lonkey Industrial Co Ltd., and KL-Kepong Oleomas.
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This report segments the global fatty acid methyl esters market into:
Fatty Methyl Ester Sulfonates (FMES) Market – Application Segment Analysis
- Household Detergents
- Personal Care Products
Fatty Methyl Ester Sulfonates (FMES) Market – Regional Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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