Fatty Methyl Ester Sulphonate Market Latest Study On Segmentation Analysis, Leading Players and Industry Trends Forecast to 2024
Date: 2018-10-03   Author: Ronak Bora  Category: #market

Fatty Methyl Ester Sulphonate Market Latest Study On Segmentation Analysis, Leading Players and Industry Trends Forecast to 2024

Expansion of textile segment and personal care is likely to play a vital role in Fatty Methyl Ester Sulphonate market growth in Asia Pacific for the coming years. The demand for personal care products such as hand wash, fabric cleaners, spot and stain removers in Central and South America has driven the growth the product in that region. In regions like North America and Europe, there is an increasing adoption of detergents with better water solubility, wetting power and water hardness stability, which has accelerated the demand for Fatty Methyl Ester Sulphonate. Moreover, presence of large number of detergent manufacturers and introduction of new laundry and personal care segment products in North America and Canada is predicted to steer reasonable market growth in the region for FMES. Growing bio based product demand in Europe across various industry verticals has attributed to substantial market penetration over past few years.

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The Fatty Methyl Ester Sulphonate Market size was valued at USD 0.57 billion in 2015 and is likely to reach a size of USD 2.2 billion by 2024. Fatty Methyl Ester Sulphonate (FMES) is an anionic surfactant derived from palm oil. The esterification of fatty acids in presence of palm oil, followed by sulphonation, gives FMES. The product proves to be an environment friendly and feasible alternative to presently used surfactant, alkyl benzene. Furthermore, the extraction of Fatty Methyl Ester Sulphonate is done from renewable sources of energy which is cost effective and makes it a possible alternative to linear alkyl benzene. 

There’s a significant rise in the per capita income and improvement in the living standards of people in developing countries like China, India, Japan and Brazil, which is likely to boost the Fatty Methyl Ester Sulphonate market size. These countries are witnessing rapid urbanization, accompanied with industrialization and increased consumer awareness, which is expected to influence the personal care and laundry product segment positively and hence increasing the demand for the product. The overall textile and garments industry is growing tremendously worldwide, owing to consumerism and recent boom in e-commerce industry, which has further pushed the demand for detergents and cleaning agents and hence driving the Fatty Methyl Ester Sulphonate market. 

Fatty Methyl Ester Sulphonate, due to its stability problems at low temperatures, is not ideal for liquid products. Hence, the application of Fatty Methyl Ester Sulphonate in liquid detergent is limited, which can hamper the market growth in the forecast period. But significant investment in research and development in this area is expected to offer new market opportunities. 

Stringent regulatory norms in laundry care segment concerning waste water management can be ascribed to the presence of hazardous petrochemical surfactants and auxiliaries. Due to the presence of these synthetic compounds, the industrial and residential establishments are substantially affected. Thus, urging detergent manufacturers to switch to more ecofriendly and bio degradable ingredients in their products. The case in personal care product industry falls in line with the laundry segment. Harmful effects and adverse impacts of synthetic chemical products on skin and health, has directed the demand for natural ingredient products. This can prove to be a major market opportunity for FMES in coming future.

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The three major applications of Fatty Methyl Ester Sulphonate are categorized into household detergents, personal care and industrial use as cleaners and in oilfield chemicals etc. The physiochemical properties of Fatty Methyl Ester Sulphonate enables it to be used as detergent/ washing agents. It is used in liquid detergents, soaps, slurry etc. The viscosity of slurry washing agents and paste detergents is enhanced by the usage of Fatty Methyl Ester Sulphonate in it. As it is obtained from natural sources like palm and coconut oil, Personal care product industry is a major end user of Fatty Methyl Ester Sulphonate. Additionally, Fatty Methyl Ester Sulphonate finds its application in industries as release agent (rubber and printing ink industry) and emulsifying agent (plastic industry).

Jiangsu Haiqing Biotechnology and Stephan company have largest installed capacities of FMES in the world. The other major manufacturers of Fatty Methyl Ester Sulphonate in global market are Chemithon Corporation, Lion corporation, Krishi Oils Limited, Sun Products, Wilmar International Ltd., P&G Chemicals, Fenchem, KLK OLEO and China Petroleum and Chemical Corporation (Sinopec).



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Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

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