Tall Oil Fatty Acid Market Is Expected To Witness New Applications And Growing Demand
Tall Oil Fatty Acid (TOFA) Market Summary The global tall oil fatty acid market is expected to register a CAGR of over ~6.12% during the forecast period. In terms of value and volume, the demand in North America was the largest in 2019, and the regional market is poised to exhibit a significant CAGR during the forecast period. However, the Asia-Pacific market is expected to witness the highest CAGR of 6.12% during the forecast period due to the increase in construction activities in South-East Asian countries coupled with the growth of the detergents and textile market. Tall Oil Fatty Acid (TOFA) Market Regional Analysis The global COVID-19 analysis on tall oil fatty acid market , by region, has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific market is expected to witness significant growth at over 6.12% CAGR owing to the increasing awareness and government initiatives regarding cleanliness and hygie...