Tall Oil Fatty Acid Market Key Players, Opportunities, and Forecast by 2031

MARKET INTRODUCTION

Tall oil fatty acids (TOFA) generally contain 90% or more fatty acids and 10% or less of rosin. Tall oil, also called liquid rosin or tallol, is a viscous yellow-black odorous liquid obtained as a by-product of the wood pulp manufacture's Kraft process when pulping mainly coniferous trees. Tall oil is a dark, odorous liquid by-product of the sulfate (kraft) process of paper manufacture, used after refining to make coatings, sizing for paper, paint, varnish, linoleum, drying oils, emulsions, lubricants, and soaps.

MARKET DYNAMICS

The tall oil fatty acid market has witnessed significant growth due to rising product demand as lubricant, viscosity modifier, and corrosion inhibitor in the oilfield industry. Moreover, the growing preference of plant derived chemicals over animal derived products will provide a huge market opportunity for the key players operating in the tall oil fatty acid market. However, strict government regulations are projected to hamper the overall growth of the tall oil fatty acid market.

MARKET SCOPE

The "Global Tall Oil Fatty Acid Market Analysis to 2031 is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tall oil fatty acid market with detailed market segmentation product, application, end user, and geography. The global tall oil fatty acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tall oil fatty acid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global tall oil fatty acid market is segmented on the basis of product, application and end user. On the basis of product, the global tall oil fatty acid market is divided into oleic acid, and linoleic acid. On the basis of application, the global tall oil fatty acid market is divided into dimer acids, alkyd resins, and fatty acid esters. On the basis of end user, the market is divided into soap & detergents, coatings, lubricants, plastics, fuel additives, and metal working fluid.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tall oil fatty acid market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tall oil fatty acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the tall oil fatty acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the tall oil fatty acid market in these regions.

MARKET PLAYERS

The reports cover key developments in the tall oil fatty acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from tall oil fatty acid market is anticipated to lucrative growth opportunities in the future with the rising demand for tall oil fatty acid in the global market. Below mentioned is the list of few companies engaged in the tall oil fatty acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tall oil fatty acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

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•   Arizona Chemical Company LLC
  
•   BASF SE
  
•   Chemical Associates Inc.
  
•   Eastman Chemical Company
  
•   Forchem Oy
  
•   Harima Chemicals Group, Inc.
  
•   Lintech International LLC
  
•   Pasand Speciality Chemical
  
•   Segezha Pulp and Paper Mill
  
•   Shaxian Lixin Resin Co. Ltd.
  

Tall Oil Fatty Acid Report Scope