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Global Palm Methyl Ester Derivatives Market

Global Palm Methyl Ester Derivatives Market

Submitted by • January 2, 2020 www.maximizemarketresearch.com

This is anticipated to attract a few new players during the forecast period. Palm methyl ester derivatives are essentially oleochemicals, leading to greater global demand driven by sustainability along with environmental and health concerns. In the past few years, the industry has witnessed increasing investments in R&D activities for the development of biodegradable products, which can substitute the petroleum-based ones. This, in turn, has led to increased dependence on these specialty chemicals.

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