Global Palm Methyl Ester Market, by Application (Fuels, Lubricants, Solvents, Metal Working Fluids,

Published Date: April 2019 | Report Code : CH204193


The Global Palm Methyl Ester Market is projected to reach USD 9.52 Billion by 2028 at a CAGR of 5.5% during the forecast period.

Global Palm Methyl Ester Market

Palm methyl esters fall under the family of renewable diesel fuel that is also known as FAME (fatty acid methyl ester). Palm oil is a type of vegetable oil, which is converted to biodiesel through a chemical process known as transesterification using methanol as the catalyst to form palm methyl esters. Palm methyl ester (PME) is being used in diesel engines without any modification and can be also blended with conventional diesel fuel to produce PME-diesel blend fuels. Apart from its primary use as fuel, palm methyl esters are used in a wide range of applications including its use as solvents, lubricants, emulsifiers, hydraulic fluids and so on.

Palm Methyl Ester Market
Global Palm Methyl Ester Market

Palm methyl esters are used in various end-use industries such as food & agriculture, as a fuel in the automotive industry, as drilling fluid in oil & gas industry and others. Depleting source of fossil fuels and the growing environmental concerns are some of the major factors which are driving the market of palm methyl ester around the world.

Some of the key Impact Factors:

  • Growing environmental concerns
  • Focus on renewable fuels in comparison to traditional fuels
  • Government initiatives in countries like India, Malaysia

What This Study Provides:

  • Global market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Regional market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • National market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Extensive details and analysis of contracts, projects, and program
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Analysis of game-changing technological trends and how these will shape the industry
  • Explanation or political, regulatory and technical factors to consider
  • Barriers to entry analysis for markets around the world
  • Profiles of leading companies operating within the sector with market share analysis
  • SWOT analysis of the market, together with the opportunities available and the key threats faced
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • Market conclusions & recommendations

Market Segmentation:

By Application:

  • Fuels
  • Lubricants
  • Solvents
  • Metal Working Fluids
  • Surfactants
  • Others

By End-Use Industry:

  • Automotive
  • Personal & Home Care
  • Food & Agriculture
  • Industrial
  • Chemical
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Application
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Application
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Application
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Application
    • By End-Use Industry
  • Rest of the World
    • By Region ( South America, Africa)
    • By Application
    • By End-Use Industry

Companies Covered: Wilmar International Limited, ADM Company, Cargill Inc., Natural Fuel PTE Ltd, KLK OLEO…

Years Considered In The Study

Historic Year

2016, 2017

Base Year


Forecast Period


CAGR %(2019-2028)



Key Questions Answered By This Report:

  • How is the palm methyl ester market evolving?
  • What is driving and restraining palm methyl ester dynamics?
  • How will each palm methyl ester submarket segment grow over the forecast period and how much Sales will these submarkets account for in 2028?
  • How will market shares of each palm methyl ester submarket develop from 2019-2028?
  • Which palm methyl ester submarket will be the main driver of the overall market from 2019-2028?
  • How will political and regulatory factors influence regional palm methyl ester markets and submarkets?
  • Will leading national palm methyl ester broadly follow macroeconomic dynamics, or will individual country sectors outperform the rest of the economy?
  • How will market shares of the national markets change by 2028 and which nation will lead the market in 2028?
  • Who are the leading players and what are their prospects over the forecast period?
  • How will the sector evolve as alliances form during the period between 2019 and 2028?

Reasons to buy this report:

  • Market size estimation of palm methyl ester market on a regional and global basis
  • The unique research design for market size estimation and forecasts
  • Profiling of the major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market


We provide customization of the study to meet the specific requirements:

  • By segment
  • By sub-segment
  • By region/ country

For more information, contact: [email protected]

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