Tallow Fatty Acids Market Supply Chain to Receive Overwhelming Hike in Revenues by 2025
The global tallow fatty acids market is expected to witness a sluggish growth in the coming years, according to a report published by Transparency Market Research (TMR). The market is currently packed with a large number of both local and international players. Vendors are seen focusing on developing quality products for the cosmetics industry, and are witnessing high demand from the burgeoning automotive industry for production of tires and rubber-based parts. Global tallow fatty acids market Supply Chain are Baerlocher GmbH, VVF LLC, Acme-Hardesty Co., Vantage Specialty Chemicals, Inc., and BASF SE. According to the report, the global market for tallow fatty acids is predicted to exhibit a 2.3% CAGR from 2014 to 2020. In 2013, the market was worth US$2.34 bn and is likely to touch a valuation of US$2.74 bn by the end of 2020. Demand for tallow fatty acids held the largest share among the application segment of soaps and detergents in 2013. Demand for tallow fatt...