REPORT DESCRIPTION
A new research report by Transparency Market Research offers a comprehensive evaluation of the global Palm Kernel Oil Market . The study , titled “ Palm Kernel Oil Market - Global Industry Analysis , Size , Share , Growth , Trends and Forecast 2016 - 2024 ”, is available for sale on the firm ’ s website .
Palm kernel oil , scientifically known as Elaeis guineensis jaq , is a plant oil derived from a palm seed . The unique crop of palm produces crude palm oil from the mesocarp and crude palm kernel oil from the kernel . A saturated vegetable fat , palm kernel oil is semi-solid at room temperature and mainly used for commercial cooking as it is cheaper than other oil types . It remains stable at high cooking temperatures and can be stored longer than other vegetable oils . Palm kernel oil is more saturated than palm oil and primarily used for edible applications and to manufacture soap , cream , lotion , and milk .
Browse Market Research Report @ http :// www . transparencymarketresearch . com / palm-kernel-oil-market . html
The palm kernel oil market can be segmented based on its applications into the following groups : food products , personal care , biodiesel , and others . In terms of geographies it is available in , the market can be distributed over North America , Europe , Asia Pacific , Latin America , and Middle East & Africa .
By application , the food products segment held the major share in the market for palm kernel oil , which is used to manufacture ghee , butter , ice-cream , chocolate , and other dairy products . In terms of personal care applications , the oil is employed in the production of soap , cream , body lotions , and other products . It is also used for biodiesel and lubricant applications . The need for environmentfriendly energy sources has led to intensified efforts with respect to research in that area . One such endeavor is the production of biofuels from palm kernel oil using methanol and sodium hydroxide pellets in a base-catalyzed trans-esterification reaction . When 187g palm kernel was trans-esterified with 37g of methanol and 0.7g of NaOH pellets at an operating temperature of 55 ° C , it resulted in a percentage conversion of 90.53 % for palm kernel oil feedstock and 15.20g of glycerol . The density of diesel from palm kernel oil stood at 848.0kg / m3 .
Growing concerns regarding the harmful side-effects of chemicals present in cosmetics and toiletries are expected to play a major role in promoting palm kernel oil in the market throughout the forecast span . Rising awareness about the benefits of naturally derived cosmetics and personal care products is also anticipated to strengthen the market . Increasing number of concept retail stores and showrooms , along with rising demand from departmental stores , beauty product stores , spas , and salons are likely to add to the demand for the product in the next few years .