Fatty Acid Ester Market projected to surpass US$9.569 billion by 2030 at a CAGR of 4.49%
The fatty acid ester market is anticipated to grow at a CAGR of 4.49% from US$7.682 billion in 2025 to US$9.569 billion by 2030.
Fatty acid esters are compounds made by the dehydration of fatty acids and alkyl alcohol, known for softening and smoothing the skin. They are majorly applied in cosmetics for the dissolution of high-polarity active ingredients and UV absorbers. Various types of fatty acid esters have been used for specific applications, including emollients and adjusting the touch of skin creams.
The growing demand for bio-based and environment-friendly products across various industries, such as cosmetics, pharmaceuticals, or food processing, is driving the market to grow. Furthermore, the fact that they are increasingly used as an alternative fuel in the production of biodiesel increases demand. High awareness of sustainability and favourable regulatory policies on green technologies further boost the market growth. Increased personal care and cosmetic product usage creates demand for fatty acid esters, which are used in emulsifiers, moisturisers, and surfactants. Alongside this, the growth in end-user industries, such as personal care and cosmetics, is leading the market to propel. However, the fatty acid ester market faces several challenges, including volatility in raw material prices, particularly for vegetable oils and animal fats, which impact production costs. Supply chain disruptions, competition from cheaper synthetic alternatives and limited awareness in emerging markets also hinder growth.
The Fatty Acid Ester market is anticipated to grow steadily at a CAGR of 4.49% during the forecast period 2025-2029. The market is driven by various end-user industries. Companies are strategizing themselves by engaging in research and development, capacity expansion and through other ways like merging to strengthen their market presence. For example, In October 2023, at the SEPAWA Congress in Berlin, BASF presented its latest solutions for the home care and industrial & institutional (I&I) cleaning and personal care markets. Also, there is a growing sustainability initiative by the key players to keep themselves with the growing trend.
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The Fatty Acid Ester market by product is segmented into Medium Chain Triglycerides, Glyceryl Monostearate, Isopropyl Esters, Polyol Esters, Sucrose Esters and Glycol Esters. Medium-chain triglycerides consist of fatty acids with 6 to 12 carbon atoms, used widely in the food industry, pharmaceuticals and personal care products due to rapid digestion and energy-providing capabilities. Glyceryl monostearate is used for its emulsifying and stabilising features and is expected to grow in the food and personal care industry. During the forecast period, it is anticipated that glyceryl monostearate will constitute a major share among others in the market due to its growing demand in the food industry, pharmaceuticals and personal care industries.
The Fatty Acid Ester market by application is segmented into Personal Care & Cosmetics, Lubricants, Food Processing, Surfactants & Detergents and Pharmaceuticals. In the personal care & cosmetics industry, fatty acid esters have crucial importance as emollients and thickeners in shampoos, conditioners, shower gels and others. The growing market of personal care and cosmetics will drive the demand for fatty acid esters in this segment. In the food processing industry, fatty acid ester is used as emulsifiers in food products such as ice creams and others. In the surfactants and detergents segment, fatty acid esters are used as cleaning and foaming agents and is expected to grow steadily.
Based on geography, North America and Europe, while mature markets, continue to innovate and focus on natural and organic formulations, aligning with consumer preferences for clean beauty. The Asia-Pacific fatty acid ester market, on the other hand, is gaining weight with the escalating demand for bio-based and sustainable products in several industries. The rising personal care and cosmetics sector increases the use of fatty acid esters as emulsifiers and moisturisers.
The report includes the major players operating in the Fatty Acid Ester market: Umicore, Cremer Oleo, Cargill, Govi, Emery Oleochemicals, Fengchen Group Co., Ltd., Dyna Glycols, KLK OLEO, Estelle Chemicals Pvt. Ltd., Evonik Catalysts, Krishi Oils Limited, NOF Corporation and Mitsubishi Chemical Group.
The market analytics report segments the Fatty Acid Ester market as follows:
• By Product
o Medium Chain Triglycerides
o Glyceryl Monostearate
o Isopropyl Esters
o Polyol Esters
o Sucrose Esters
o Glycol Esters
• By Application
o Personal Care & Cosmetics
o Lubricants
o Food Processing
o Surfactants & Detergents
o Pharmaceuticals
• By Geography
• North America
o USA
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Others
• Europe
o Germany
o France
o United Kingdom
o Spain
o Others
• Middle East and Africa
o Saudi Arabia
o UAE
o Israel
o Others
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Taiwan
o Others
Companies Profiled:
• Umicore
• Cremer Oleo
• Cargill
• Govi
• Emery Oleochemicals
• Fengchen Group Co., Ltd.
• Dyna Glycols
• KLK OLEO
• Estelle Chemicals Pvt. Ltd.
• Evonik Catalysts
• Krishi Oils Limited
• NOF Corporation
• Mitsubishi Chemical Group
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