Fatty acid methyl ester Market Report Forecast to 2026

Fatty acid methyl ester (FAME) is a biological chemical formed by trans-esterification of methanol and fatty acids. The product can be derivative from several bio-based sources like palm oil, vegetable oil, rapeseed, and soya beans. Rapeseed is most commonly chosen to produce fatty acid methyl ester owing to better oil content than other material sources. Furthermore, the bio-fuel or biodiesel made from rapeseed has high cetane content, which springs complete combustion by lowering harmful gases’ emissions. FAME is mainly used as a primary constituent in biodiesel. It is significantly chosen over conventional diesel due to the several beneficial properties like non-toxic or low toxic emissions and biodegradable nature. Instead of other free fatty acids, FAME is majorly used to nullify any corrosion that free fatty acids can cause to the metals of engines and production facilities. Additionally, in the food & beverages industry, FAME is used as an emulsifying and thickening agent. The Fatty Acid Methyl Ester Market is expected to grow at a 5.40% CAGR by 2026.

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Fatty Acid Methyl Ester Market by Application

• Fuels

• Lubricants

• Coatings

• Metal Working Fluids

• Food & Agriculture

• Others

Fatty Acid Methyl Ester Market by Type

• Rapeseed methyl ester

• Soy methyl ester

• Palm oil methyl ester

• Others

Fatty Acid Methyl Ester Market by Geography

• North America

• Europe

• Asia Pacific

• Rest of the World

On the basis of the Application, the growing need for fuel security has controlled these economies, searching for alternative fuels like biodiesel. The rising dependency on fossil fuel and depleting fossil fuel reserves has led to countries seeking alternative fuel sources. This is consequently anticipated to drive the development of the fatty acid methyl ester market.

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