Published By : 25 Jan 2016 | Published By : QYRESEARCH
In response to the rising demand for surfactants from the detergents and personal care industries, the market for natural fatty acids extracted from coconut oil and palm kernel oil will expand. Due to its inherent nutrients coconut oil is already derived as a ‘superfood’ by nutritionists. Coconut oil has been a sought after subject of research for years. The benefits provided by the oil extracted from coconut are numerous, which explains its rising use across personal care, healthcare, as well as detergent industries. Oil extracted from the kernel or nut of palm fruit also exhibits a unique combination of fatty acids, due to which the demand for it is high across industries. Both varieties of oil has unique properties that provide amazing benefits and have a profound positive effect on the health and well-being of human beings.
The natural fatty acids derived from palm kernel oil and coconut oil have properties such as biodegradability, environmental sustainability, cost-effective extraction process, and performance efficiency, which give them an edge over their counterparts.
Detergents and Personal Care Industries Account For Maximum Share of Global Natural Fatty Acids Market
Among the end use industries exhibiting high demand for surfactants derived from the coconut oil and palm kernel oil based fatty acids, the detergents industry holds the largest share in the global natural fatty acids market. The growing demand for surfactants for use in fabric care, home care, household, and industrial detergents fuels demand for natural fatty acids from the detergents industry. The personal care industry also demonstrates high demand for natural fatty acids extracted from palm kernel oil and coconut oil. The increasing demand for skin and hair care products made from natural mineral around the world is substantially boosting the global market for coconut and palm kernel oil-based natural fatty acids market.
Asia Pacific Exhibits Highest Demand for Natural Fatty Acids
Regionally, the demand for fatty acids derived from coconut oil and palm kernel oil is highest in Asia Pacific. Southeast Asia also exhibits an increasing demand for natural fatty acids. Favorable government policies, coupled with rising disposable income of people living in this region, propels the market for natural fatty acids in Asia Pacific.