The Asia Pacific palm methyl ester market is projected to witness growth at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the increasing palm oil-based bio-diesel acceptance across the world.
The Important Elements of Asia Pacific Palm Methyl Ester Market
Besides, rising environmental awareness and health problems arising from the consumption of non-renewable energy resources are anticipated to fuel the growth of the APAC palm methyl ester market in the coming years. Governments across Asian nations are implementing tougher environmental mandates such as biodiesel policy (India), B10 policy (Malaysia), National bioethanol program (China), and many more to ensure air quality and energy security.
Additionally, compulsory fuel blending in Indonesia, Thailand, Malaysia, and China is further offering lucrative opportunities for palm methyl ester producers across the region. The vast range of applications of palm methyl ester in growing end-user industries such as automotive, coatings, food, agriculture, and many more would accelerate the Asia-Pacific palm methyl ester at a significant rate during 2023-2027.
The Asia-Pacific palm methyl ester market is segmented into application and country. Based on application, the market is divided into bio-fuel, food, lubricants, surfactants, agriculture, solvents, polymers, metal working fluids, and others. The biofuel segment is expected to hold a significant share in the APAC palm methyl ester market, owing to its increasing usage in automobiles to reduce vehicular emissions.
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The Asia-Pacific palm methyl ester market is controlled by these major players, namely
- Emery Oleochemicals Group, Klk Oleo Sdn. Bhd., Universal Biofuels Private Limited, Wilmar International Limited, P&G Chemical, Timur Oleochemicals Malaysia Sdn. Bhd., Vance Bioenergy Sdn. Bhd., Future Prelude Sdn. Bhd., Carotino Sdn. Bhd. and BASF among others.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Application |
| Country scope | China, India, Japan, Indonesia, Malaysia, Thailand |
| Key companies profiled | Emery Oleochemicals Group, Klk Oleo Sdn. Bhd., Universal Biofuels Private Limited, Wilmar International Limited, P&G Chemical, Timur Oleochemicals Malaysia Sdn. Bhd., Vance Bioenergy Sdn. Bhd., Future Prelude Sdn. Bhd., Carotino Sdn. Bhd. and BASF |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, the APAC palm methyl ester market has been segmented into the following categories in addition to the industry trends which have also been detailed below:
- APAC Palm Methyl Ester Market, by Application:
- Bio-fuel
- Food
- Lubricants
- Surfactants
- Agriculture
- Solvents
- Polymers
- Metal Working Fluids
- Others
- APAC Palm Methyl Ester Market, By Country:
o China
o India
o Japan
o Indonesia
o Malaysia
o Thailand
Competitive Landscape
Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, production plants, market pricing, sales footprint, target customer types, etc.
Company Profiles: Detailed analysis of the major companies present in the APAC palm methyl estermarket.
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Table of Content
Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
- Asia-Pacific Palm Methyl Ester Market Outlook
5.1. Demand & Supply Analysis
5.2. Market Size & Forecast
5.2.1.By Value
5.2.2.By Volume
5.3. Market Share & Forecast
5.3.1.By Application (Bio-fuel, Food, Lubricants, Surfactants, Agriculture, Solvents, Polymers, Metal Working Fluids and Others)
5.3.2.By Country (China, India, Japan, Indonesia, Malaysia, and Thailand)
5.3.3.By Company
- APAC Palm Methyl Ester Market Country Analysis
6.1.1. China Palm Methyl Ester Market Outlook
6.1.1.1. Market Size & Forecast
6.1.1.1.1. By Value
6.1.1.1.2. By Volume
6.1.1.2. Market Share & Forecast
6.1.1.2.1. By Application (Bio-fuel, Food, Lubricants, Surfactants, Agriculture, Solvents, Polymers, Metal Working Fluids, and Others)
6.1.1.2.2. By Company
6.1.2. India Palm Methyl Ester Market Outlook
6.1.2.1. Market Size & Forecast
6.1.2.1.1. By Value
6.1.2.1.2. By Volume
6.1.2.2. Market Share & Forecast
6.1.2.2.1. By Application (Bio-fuel, Food, Lubricants, Surfactants, Agriculture, Solvents, Polymers, Metal Working Fluids, and Others)
6.1.2.2.2. By Company
6.1.3. Japan Palm Methyl Ester Market Outlook
6.1.3.1. Market Size & Forecast
6.1.3.1.1. By Value
6.1.3.1.2. By Volume
6.1.3.2. Market Share & Forecast
6.1.3.2.1. By Application (Bio-fuel, Food, Lubricants, Surfactants, Agriculture, Solvents, Polymers, Metal Working Fluids and Others)
6.1.3.2.2. By Company
6.1.4. Indonesia Palm Methyl Ester Market Outlook
6.1.4.1. Market Size & Forecast 2012-2026
6.1.4.1.1. By Value
6.1.4.1.2. By Volume
6.1.4.2. Market Share & Forecast
6.1.4.2.1. By Application (Bio-fuel, Food, Lubricants, Surfactants, Agriculture, Solvents, Polymers, Metal Working Fluids, and Others)
6.1.4.2.2. By Company
6.1.5. Malaysia Palm Methyl Ester Market Outlook
6.1.5.1. Market Size & Forecast
6.1.5.1.1. By Value
6.1.5.1.2. By Volume
6.1.5.2. Market Share & Forecast
6.1.5.2.1. By Application (Bio-fuel, Food, Lubricants, Surfactants, Agriculture, Solvents, Polymers, Metal Working Fluids, and Others)
6.1.5.2.2. By Company
6.1.6. Thailand Palm Methyl Ester Market Outlook
6.1.6.1. Market Size & Forecast
6.1.6.1.1. By Value
6.1.6.1.2. By Volume
6.1.6.2. Market Share & Forecast
6.1.6.2.1. By Application (Bio-fuel, Food, Lubricants, Surfactants, Agriculture, Solvents, Polymers, Metal Working Fluids and Others)
6.1.6.2.2. By Company