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Read Time:3 Minute, 55 Second
Product NameFatty Acid-C16
HS Code38231900
SynonymsHexadecanoic acid, Palmitic acid, Cetylic acid
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Post-Sale Analyst Support360-degree analyst support after service delivery

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The fatty acid C16, also known as palmitic acid, has a 16-carbon backbone and is a saturated long-chain fatty acid. The chemical formula of fatty acid-C16 is C16H32O2 and its molecular weight is 256.42 g/mol. Natural sources of fatty acid-C16 include things like palm oil and palm kernel oil. Food items like butter, cheese, milk, and meat also contain them.

Fatty Acid-C16 is typically produced by hydrolytic or lipolytic splitting (reaction with water using high pressure, temperature, or enzymes). This results in the final product, fatty acid-C16.

The two top fatty acid-C16 producing regions are the Asia Pacific and Europe with major market being in Malaysia, Indonesia, and Germany.

Key Details About the Fatty Acid-C16 Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Fatty Acid-C16 price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Fatty Acid-C16 Price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Fatty Acid-C16 Price Trend:

Price Trend Image

The main industrial uses that influence the Fatty Acid-C16 price trend are industrial organic chemicals used in commercial and consumer products, laundry, and dishwashing products, Cleaning, and furnishing care products, Plastic, and rubber products. Fatty Acid-C16 is also employed in non-pesticidal agricultural products, lubricants, fuel, and fuel additives, and as a curing activator.

Key Market Players:

  • Eastman Chemical Company
  • Oleon NV
  • Pacific Oleochemicals Sdn Bhd
  • Colgate-Palmolive Company
  • Longyan Zhuoyue New Energy Co. Ltd.

News and Events:

  • Sep 01, 2022: A highly effective glyoxylate-TCA cycle was introduced by the fatty acid feedstocks which allowed high yield synthesis of B-alanine.

Related Reports:

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