The Global Fatty Esters Market is Projected to Reach US$2.3 Billion by 2024
Stable Demand from Established End-Use Markets to Sustain Consumption of Fatty Esters, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Fatty Esters market. The global Fatty Esters market is projected to reach US$2.3 billion by 2024 , driven by stable demand from key end-use applications such as Food, Personal Care and Cosmetics industries. Fatty esters are derivatives of fatty acids and are used as emollients, emulsifiers, and lubricants in various industries. The cosmetics and personal care sector represents one of the largest end-use markets, with growth supported by the steady rise in consumer spending on appearance maintenance products. A major factor that makes fatty esters a vital ingredient in cosmetics is their cost-effective ability to enhance product functionality by imparting an array of anti-microbial, cleansing, and ...