Can the Personal Care and Cosmetics Industry Fuel the Growth of Fatty Acids?
Fatty Acid Market Overview:
The global fatty Acid market is surging exponentially mainly due to the widening application areas of these acids such as nutrition supplement, animal feeds, cosmetic & personal care products, and in the drug manufacturing as carriers for lipid formulation. Fatty acid also finds its application in paints & varnishes, rubber compounding & formulations, textile chemicals, insecticides, plastic fabrication, and paper products.
The agriculture industry is considered as the largest user of the fatty acid Global owing to the extensive use of fatty acids in insecticides. Moreover, the growing use of fatty acids in fodders & animal feed to increase its nutritional value is escalating the market on the furthered height.
Acknowledging the potential of the market to grow further in the forthcoming years, Market Research Future (MRFR) in its recently published study report asserts that the global Fatty Acid Market is expected to reach over USD 34.2 Billion…