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1148372

妥爾油脂肪酸的全球市場預測(2022年～2027年)

Tall Oil Fatty Acid Market - Forecasts from 2022 to 2027

出版日期: 2022年09月15日 | 出版商:

Knowledge Sourcing Intelligence | 英文 162 Pages | 商品交期: 最快1-2個工作天內

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簡介目錄

全球妥爾油脂肪酸(TOFA)的市場規模，從2020年的7億5,629萬2,000美元，預計2027年達到12億5,034萬2,000美元，在預測期間內以7.45％的年複合成長率成長。

全球原油的生產量持續增加，是加速在預測期間內的市場成長的重要要素之一。

本報告提供全球妥爾油脂肪酸(TOFA)市場相關調查分析，市場概要，市場動態，市場分析，競爭情形，企業簡介等系統性資訊。

簡介
北美
- 各產品:2020年～2027年
- 各用途:2020年～2027年
- 各最終用途產業:2020年～2027年
- 各國
南美
- 各產品:2020年～2027年
- 各用途:2020年～2027年
- 各最終用途產業:2020年～2027年
- 各國
歐洲
- 各產品:2020年～2027年
- 各用途:2020年～2027年
- 各最終用途產業:2020年～2027年
- 各國
中東、非洲
- 各產品:2020年～2027年
- 各用途:2020年～2027年
- 各最終用途產業:2020年～2027年
- 各國
亞太地區
- 各產品:2020年～2027年
- 各用途:2020年～2027年
- 各最終用途產業:2020年～2027年
- 各國

第9章競爭環境與分析

主要企業策略分析
新興企業與市場盈利
合併、收購、協定、聯盟
供應商的競爭矩陣

第10章企業簡介

KRATON CORPORATION
Harima Chemicals Group, Inc.
Forchem
Chemical Associates Inc.
Eastman Chemical Company
Segezha Pulp and Paper Mill
Torgoviy Dom Lesokhimik
Foreverest Resources Ltd.
ChemCeed LLC
Silver Fern Chemicals Inc

簡介目錄

Product Code: KSI061613711

The global tall oil fatty acid (TOFA) market is expected to grow at a CAGR of 7.45% over the forecast period to reach a total market size of US$1250.342 million by 2027, increasing from US$756.292 million in 2020.

The tall oil fatty acid (TOFA) is considered an ideal raw material for many chemical reactions and intermediates and is also a pure fatty acid with a low level of rosin acids and a low level of unsaponifiable through the distillation process. Some of the most common applications for TOFA are paints and coatings, fuel additives, performance polymers, and bio-lubricants. The growing production of crude oil around the globe is considered one of the key factors that is accelerating the growth of the market during the forecast period.

Expanding oil and gas industry

The oil and gas industry plays a major role in providing energy and fuel to the world for the facilitation of various purposes and caters to various applications. According to the data provided by the International Energy Association (IEA) in 2017, the amount of crude oil and natural gas liquid that was produced was 3,893,589 kt and 422,162 kt respectively. The industries which consumed the most oil included transport, leading the race with 2,588,508 ktoe in 2017. Non-energy use accumulated a total consumption of 633,505 ktoe and residential consumption was 214,757 ktoe. Moreover, some companies are expanding drilling operations to meet the increasing energy demands. For instance, in November 2019, ADNOC Drilling announced that they had expanded their onshore and offshore rigs for accelerating the facilitation of oilfield drilling operations, and similarly, Panoro Energy, announced in February 2020, that they had increased their drilling activities in Tunisia. Thus, these product offerings by the market players and the expansion activities being conducted are also leading to a surge in the demand for tall oil fatty acids and providing a push to the market's growth.

Application insight

By application, the market is segmented into dimer acid, and alkyd resins, among others. The alkyd resins application segment is projected to witness significant market growth during the forecast period on account of favourable government policies and measures to boost both automotive production and sales, coupled with stringent environmental regulations to reduce greenhouse gas emissions. For example, according to the new trade agreement USMCA, it is mandatory for automakers to manufacture 40% of their motor vehicles in facilities where assembly workers earn a minimum of US$16 per hour. Furthermore, under the new agreement, automakers are required to use 75 percent of North-American parts in their automobiles to be imported duty-free by 2023, which will incentivize automakers to increase the amount of other region's auto parts in their cars and light trucks. Furthermore, paint and coatings producers have added significant production capacity in recent years globally, and there are currently a number of ongoing expansion activities in the paint and coatings sector by major producers, which are also opening up growth opportunities for TOFA manufacturers and vendors in the coming years.

The Asia Pacific holds a significant share in the market

By geography, the tall oil fatty acid (TOFA) market is segmented as follows: North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The Asia Pacific region is expected to hold a significant share in the market owing to the presence of major players coupled with established paint and coating industries in countries like China and India. The demand for tall oil fatty acid is primarily derived from its applications in coatings and adhesives among others. As a result of the growing demand from the end customers, the region has been witnessing a steady increase in investment to expand the production of resins and coatings. The region is also the home of countries like China, Vietnam, and India which are also characterized by expanding manufacturing facilities and which are expected to drive the growth of the market during the forecast period. In addition, rising construction spending, by both public and private players, is expected to boost demand for polyamide resins in construction materials, thereby boosting TOFA market growth. Favorable government policies in the oil and gas industry are also attracting major market players; for example, the government of India recently allowed 100% FDI in many segments of the oil and gas industry, including petroleum products and refineries, among others.

Competitive Insights

Prominent key market players in the tall oil fatty acid (TOFA) market include Kraton Corporation, Harima Chemicals Group, Inc., Forchem, Chemical Associates Inc., Eastman Chemical Company, Segezha Pulp and Paper Mill, Torgoviy Dom Lesokhimik. The number of players in the tall oil fatty acid (TOFA) market is large and growing, with the opportunity to generate significant revenues as a result of growing demand. Few large market players hold a significant share in the market, and key players in the market are seen to adopt similar strategies and are either looking to expand their market portfolio with investments in the development of the new product line, or some companies are opting for mergers, acquisitions, and strategic partnerships to expand their market presence. Major market players in the global tall oil fatty acid (TOFA) market have been covered along with their relative competitive positions and strategies. The report also mentions recent deals and investments by different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered, along with the recent deals and investments of these important players in the global tall oil fatty acid (TOFA) market.

Product Offerings by the market players in the tall oil fatty acid market

In the competitive landscape of the Tall Oil Fatty Acids Market, major companies are actively offering various offerings by integrating their innovative technology. Some of the products offered are:

Harima Chemicals Group, Inc: Harima's resins and tall oil products business drew on its wealth of cutting-edge technology and know-how to meet the many functional and performance-related requirements of the printing inks, paints, adhesives, synthetic rubbers, and various other consumer goods. For instance, the firm has developed new rosin-modified phenolic resins by integrated rosin's excellent pigment dispersing attribute with phenolic resin's adhesive attribute via its innovatively designed technology. The resins in this series have attributes including stable printing emulsion, simple solubility, rapid setting, stable printing ink emulsion, and environmental friendliness, capable of printing at lower cost and higher speed.
Univar: The whole range of tall oil fatty acids is available from Univar. To satisfy a customer's request, we can alter one of our conventional items. As a diesel fuel additive, we provide low sulfur tall oil fatty acid that is made exclusively for the fuel industry. Their product portfolio is comprised of tall oil fatty acids with 1.5%, 2%, 4%, and 6% rosins. The firm also offers tall oil of vegetable origin with less than 2 and 6 percent rosin.

COVID-19 Insights:

COVID-19 had a negative impact on the Tall Oil Fatty acids market. The surge in active cases and mandated lockdown led to the closure of multiple production facilities across the globe, decreasing the productivity of many key players. Furthermore, the restrictions of travel restrictions affected the imports and exports in several countries, creating a gap in the supply and demand chain of the market.

Segmentation:

By Product

Oleic Acid

Linoleic Acid

Others

By Application

Dimer acid

Alkyd Resins

Others

By End-user Industry

Soaps & detergents

Coatings and lubricants

Plastics

Others

By Geography

North America

USA
Canada
Mexico

South America

Brazil
Argentina
Others

Europe

UK
Germany
France
Spain
Italy
Others

Middle East and Africa

Saudi Arabia
South Africa
Others

Asia Pacific

Japan
China
India
South Korea
Indonesia
Thailand
Taiwan
Others

1. INTRODUCTION

1.1. Market Overview
1.2. Covid-19 Impact
1.3. Market Definition
1.4. Market Segmentation

2. RESEARCH METHODOLOGY

2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Force Analysis
- 4.3.1. Bargaining Power of Suppliers
- 4.3.2. Bargaining Power of Buyers
- 4.3.3. Threat of New Entrants
- 4.3.4. Threat of Substitutes
- 4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. TALL OIL FATTY ACID (TOFA) MARKET, BY PRODUCT

5.1. Introduction
5.2. Oleic Acid
5.3. Linoleic Acid
5.4. Others

6. TALL OIL FATTY ACID (TOFA) MARKET, BY APPLICATION

6.1. Introduction
6.2. Dimer acid
6.3. Alkyd Resins
6.4. Others

7. TALL OIL FATTY ACID (TOFA) MARKET, BY END-USER INDUSTRY

7.1. Introduction
7.2. Soaps & detergents
7.3. Coatings and lubricants
7.4. Plastics
7.5. Others

8. TALL OIL FATTY ACID (TOFA) MARKET ANALYSIS, BY GEOGRAPHY

8.1. Introduction
8.2. North America (US$ Million) (million tons)
- 8.2.1. North America Tall Oil Fatty Acid (TOFA) Market, By Product, 2020 to 2027 (US$ Million)
- 8.2.2. North America Tall Oil Fatty Acid (TOFA) Market, By Application, 2020 to 2027 (US$ Million)
- 8.2.3. North America Tall Oil Fatty Acid (TOFA) Market, By End-User Industry, 2020 to 2027 (US$ Million)
- 8.2.4. By Country
  - 8.2.4.1. United States (US$ Million)
  - 8.2.4.2. Canada (US$ Million)
  - 8.2.4.3. Mexico (US$ Million)
8.3. South America (US$ Million) (million tons)
- 8.3.1. South America Tall Oil Fatty Acid (TOFA) Market, By Product, 2020 to 2027 (US$ Million)
- 8.3.2. South America Tall Oil Fatty Acid (TOFA) Market, By Application, 2020 to 2027 (US$ Million)
- 8.3.3. South America Tall Oil Fatty Acid (TOFA) Market, By End-User Industry, 2020 to 2027 (US$ Million)
- 8.3.4. By Country
  - 8.3.4.1. Brazil (US$ Million)
  - 8.3.4.2. Argentina (US$ Million)
  - 8.3.4.3. Others
8.4. Europe (US$ Million) (million tons)
- 8.4.1. Europe Tall Oil Fatty Acid (TOFA) Market, By Product, 2020 to 2027 (US$ Million)
- 8.4.2. Europe Tall Oil Fatty Acid (TOFA) Market, By Application, 2020 to 2027 US$ Million)
- 8.4.3. Europe Tall Oil Fatty Acid (TOFA) Market, By End-User Industry, 2020 to 2027 (US$ Million)
- 8.4.4. By Country
  - 8.4.4.1. UK (US$ Million)
  - 8.4.4.2. Germany (US$ Million)
  - 8.4.4.3. France (US$ Million)
  - 8.4.4.4. Spain (US$ Million)
  - 8.4.4.5. Italy (US$ Million)
  - 8.4.4.6. Others
8.5. Middle East and Africa (US$ Million) (million tons)
- 8.5.1. Middle East and Africa Tall Oil Fatty Acid (TOFA) Market, By Product, 2020 to 2027 (US$ Million)
- 8.5.2. Middle East and Africa Tall Oil Fatty Acid (TOFA) Market, By Application, 2020 to 2027 (US$ Million)
- 8.5.3. Middle East and Africa Tall Oil Fatty Acid (TOFA) Market, By End-User Industry, 2020 to 2027 (US$ Million)
- 8.5.4. By Country
  - 8.5.4.1. Saudi Arabia (US$ Million)
  - 8.5.4.2. South Africa (US$ Million)
  - 8.5.4.3. Others
8.6. Asia Pacific (US$ Million) (million tons)
- 8.6.1. Asia Pacific Tall Oil Fatty Acid (TOFA) Market, By Product, 2020 to 2027 (US$ Million)
- 8.6.2. Asia Pacific Tall Oil Fatty Acid (TOFA) Market, By Application, 2020 to 2027 (US$ Million)
- 8.6.3. Asia Pacific Tall Oil Fatty Acid (TOFA) Market, By End-User Industry, 2020 to 2027 (US$ Million)
- 8.6.4. By Country
  - 8.6.4.1. Japan (US$ Million)
  - 8.6.4.2. China (US$ Million)
  - 8.6.4.3. India (US$ Million)
  - 8.6.4.4. South Korea (US$ Million)
  - 8.6.4.5. Indonesia (US$ Million)
  - 8.6.4.6. Thailand (US$ Million)
  - 8.6.4.7. Taiwan (US$ Million)
  - 8.6.4.8. Others