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The Fatty Acid Methyl Ester (FAME) market is projected to grow at a rate of 5.3% in terms of value, from USD 19.50 Billion in 2019 to reach USD 29.19 Billion by 2027
Increasing demand for ethyl acetate in the online retails especially in the emerging nations coupled with high investments in R&D of ethyl acetate, are fueling the market growth.
The increasing preference for Bio-Based products among consumers, the elevating penetration in surfactant-based industries, and the rising demand for personal hygiene products in developing nations have resulted in boosting the Fatty Alcohols market