Global Trimyristin Market, By Application (Frozen Food & Beverage, Cosmetics & Personal Care, and Others) & Geography- Forecast till 2019
Trimyristin is a fat which is made up of a C14 fatty acid, which is myristic acid, and glycerol. There are three major sources of trimyristin are coconut oil, palm kernel oil, babassu oil. Most of this trimyristin used in the production of myristic acid and myristyl alcohol splitting this fat. It is a sub-market of myristic acid. Sub-market of trimyristin is agriculture Surfactants Market.
Trimyristin is widely used in the cosmetics and personal care products. It is suited as hair conditioning agent, and skin conditioning agent, deodorants, lotions & creams etc. It is also used as preservative in food products. In addition, under reflux conditions, trimyristin was extracted from nutmeg using the same solvent system, and eugenol from olives was extracted using a mixture of salt water and ethyl acetate, which is further used as antioxidants.The report covers application areas such as frozen food & beverage additives, cosmetics & personal care, medical, and others.
Most of the trimyristin is used in the production of myristic acid or myristyl alcohol. Both of the materials have wide application in cosmetics, in turn driving the demand of trimyristin in the global market. In addition, frozen food and beverage market is growing at 3.6% CAGR by 2019, hence escalating the demand for trimyristin. However, trimyristin is wholly extracted from nutmeg which is economical for the manufacturer. The market is projected to grow at a CAGR of XX.X% during 2014-2019.
This market research study provides a detailed qualitative and quantitative analysis of the global trimyristin market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study of the fatty acid market. The primary sources include experts from related industries and suppliers who have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
Competitive scenarios of the top players in the trimyristin market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as Adjuvant Plus Inc., Akzo Nobel- Specialty Chemicals, Clatiant Industrial & Consumer, Croda International Plc, Dow Corning Corporation, Momentive Performance Chemicals, Huntsman Corporation, Evonik Industries, and other are operating in this market.
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