The global fatty methyl ester sulfonate (FMES) market is
expected to reach USD 2.49 billion by 2025, according to a new report by Grand
View Research, Inc. Rising consumer awareness towards cleanliness, hygiene, and
health is anticipated to be a major factor for significant market growth for
FMES based personal care over the next few years.
Growing population coupled with
increasing disposable consumer income is estimated to drive demand for
detergents and personal care products which in turn is expected to enhance
industry growth. Owing to better-quality washing performance FMES-based
products have witnessed rising utilization in household and laundry care
applications.
Personal care application segment
is expected to generate revenues exceeding USD 980 million by 2025.
Furthermore, high biodegradability of sulfonated methyl ester products is
anticipated to steer product demand in the category over the forecast period.
Detergent products including
powder detergents, hand wash, and dishwashers are expected to remain the
leading product category over the next few years. FMES demand as surfactants in
this application segment is estimated to exceed 900 kilo tons by 2025.
Browse full research report on Fatty Methyl Ester
Sulfonate (FMES) Market: http://www.grandviewresearch.com/industry-analysis/fatty-methyl-ester-sulfonate
Further key findings from
the report suggest:
- Global fatty methyl ester sulfonate demand was 444.6
kilo tons in 2015 and is estimated to grow at a CAGR of over 17% to reach
total volume exceeding 2,200 kilo tons by 2025.
- Europe emerged as the dominant region. Product demand
in Germany accounted for over 26% of the revenue share in 2015. Growing
bio-based product demand across various end-use industry verticals in the
country has attributed to the significant market penetration over the past
few years.
- North America emerged as the second major consumer in
2015. Product demand in detergent application in the U.S. is anticipated
to exceed USD 185 million by 2025.
- Product demand in Asia pacific is anticipated to
witness the fastest growth over the forecast period. FMES demand in China
is anticipated to exceed 50 kilo tons by 2025.
- Central & South America is anticipated to witness
moderate growth of 17.7% from 2016 to 2025. Increasing consumption of
liquid and powder fabric cleaners plays key role towards fatty methyl
ester sulfonate market growth in the region.
- Key players including Lion Corporation, Chemithon,
Henan Surface Chemical Industry Co., Ltd., China Factories Group Company,
Emery Oleochemicals, Sun Products, and Stepan Company dominated the global
market. Other industry participants include Jinchang Chemicals, KPL
International, Jiangsu Haiqing Biotechnology, and Alfa Aesar.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/renewable-chemicals
Grand View Research has segmented the fatty methyl ester
sulfonate market on the basis of end-use and region:
Fatty Methyl Ester Sulfonate (FMES) End-Use Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- Personal
Care
- Detergents
- Others
Fatty Methyl Ester Sulfonate (FMES) Regional Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- UK
- France
- Italy
- Asia
Pacific
- China
- India
- Japan
- Central
& South America
- Middle
East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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