Surfactants & Soap Ingredients · Direct
Monitoring · monthly
Procurement Category Intelligence

Palmitic Acid

Overview
Market size
$6.0B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored

Market outlook

2031$7.5B

What changed

Demand by region

Asia Pacific demand46%
Europe demand26%
North America demand18%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Crude Palm Oil and Palm Kernel Feedstock55%
Energy and Utility Costs for Fractionation15%
Chemical Processing and Hydrogenation Catalyst12%
Logistics and Ocean Freight Transport10%
Labor and Plant Overhead8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked