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Fatty acids are saturated or unsaturated carboxylic acid with the long aliphatic chain. Natural fatty acids are naturally occurring esters of glycerol found in fats and fatty oils having even number of carbon atoms in chain ranging from 4 to 28 and is obtained by hydrolysis of natural fats and oils.
Natural fatty acids get converted into products based on oleo-chemicals after getting consumed which are bio- degradable and renewable. Majorly natural fatty acids are synthesized from animal fats, vegetable oil or from the fractional distillation of crude oil.
The sources from which natural fatty acids are obtained are crude oil, palm, coconut oil, palm kernel oil and soybean oils. Other oils with smaller amounts (e.g., rapeseed and fish oils) are also used. Natural fatty acids are used in number of end-user industries such as personal care, rubber, plastics, detergents, and others. Fatty acids serve important functionality in personal health care and is responsible for human nutrition.
Natural fatty acids has vast areas of application in the end use industry. The growth of natural fatty acids market is due to the growing end use applications industries like rubber and plastics especially in the developing countries. Natural fatty acids also have applications in household industries, personal care industries, detergent and many more. The consumption growth in natural fatty acids can eventually sum up to the better GDP performance of the respective countries.
The saturation of market (developed countries), pricing pressures and fluctuating raw material prices (palm oil) are some of the reasons which are making it hard for the natural fatty acids manufacturers to maintain the profit margin. The types of fatty acid which are majorly used across the globe are stearic acids (18 Carbon Chain), fractionated fatty acids, polyunsaturated acids (including tall oil fatty acids), distilled fatty acids and oleic oil.