Japan Palmitic Acid Market Size, Share, and COVID-19 Impact Analysis, By Type (Distilled Type and Fractionated Type), By Application (Soap and Detergent, Personal Care and Cosmetics, Grease and Lubricant, and Others), and Japan Palmitic Acid Market Insights, Industry Trend, Forecasts to 2035

Japan Palmitic Acid Market Insights Forecasts to 2035

• The Japan Palmitic Acid Market Size Was Estimated at USD 0.28 billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 4.82 % from 2025 to 2035
• The Japan Palmitic Acid Market Size is Expected to Reach USD 0.47 billion by 2035

According to a research report published by Spherical Insights & Consulting, the Japan palmitic acid market is anticipated to reach USD 0.47 billion by 2035, growing at a CAGR of 4.82 % from 2025 to 2035. The palmitic acid market in Japan is driven by various factors, including increased utilization in food products, a rising number of research and development activities, increasing industrial applications, and increased utilization in the cosmetic and personal care industry.

Market Overview

Palmitic acid is a saturated fatty acid with 16 16-carbon chain. It is the most common saturated fatty acid found in animals, plants, and microorganisms. The Japan palmitic acid market refers to the production and application of palmitic acid and its derivatives. They are naturally found in palm oil, meat fats, dairy products, and cocoa butter. Palmitic acid serves as a surfactant, emulsifier, lubricant, and stabilizer across various industries such as soap and detergent, personal care and cosmetics, grease and lubricant, and others. It is available in two types such as distilled type and fractionated type. The market is mainly driven by the growing use of palmitic acid in industrial surfactants and bio-based lubricants as industries look for environmentally friendly substitutes for chemicals derived from petroleum. Additionally, the market is being stimulated by ongoing technical developments in oleochemical processing that improve production efficiency, lower prices, and increase accessibility. The rising inclination towards sustainable and natural ingredients is a key trend in this market. The rising consumer preferences for multifunctional products present a potential opportunity to develop new formulations by the use of the beneficial properties of palmitic acid.

Report Coverage

This research report categorizes the market for the Japan palmitic acid market based on various segments and regions, and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan palmitic acid market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan palmitic acid market.

Driving Factors

The market is expected to increase due to the increasing use of palmitic acid in the production of various esters, metallic soaps, and surfactants in cosmetics, fatty alcohols, fatty amines, and agricultural chemicals. The palmitic acid is used as emulsifiers, thickeners, and surfactants in creams, lotions, which raises the demand in the personal care and cosmetic industry. The people are becoming health-conscious, and they are seeking natural additives in processed food, is further drives the market growth. Additionally, technological advancements play an important role in market expansion.

Restraining Factors

The palmitic acid market is restrained by the supply chain disturbance and high production costs. Additionally, competition from the eco-friendly alternatives limits the market expansion.

Market Segmentation

The Japan palmitic acid market share is classified into type and application.   

• The fractionated type segment held the largest share in 2024 and is expected to grow at a rapid CAGR during the forecast period.    

The Japan palmitic acid market is segmented by type into distilled type and fractionated type. Among these, the fractionated type held the largest share in 2024 and is expected to grow at a rapid CAGR during the forecast period. This segmental growth is attributed to its higher purity and functionality in a broad scope of industrial uses. Additionally, it is a highly demanding ingredient in food applications owing to its fat structuring functionality. Additionally, their ability to impart hardness and stability to soap preparations is propelling the market.

• The soap and detergent segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.   

The Japan palmitic acid market is segmented by application into soap and detergent, personal care and cosmetics, grease and lubricant, and others. Among these, the soap and detergent segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to palmitic acid provides cleansing strength, foaming, and texture to the soaps and detergents.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan palmitic acid market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Kao Chemicals
• Archer Daniels Midland Company
• AkzoNobel K.K.
• BASF Japan Ltd.
• KLK OLEO
• Tokyo Chemical Industry
• Nikko Chemicals
• Kenko Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan palmitic acid market based on the below-mentioned segments:

Japan Palmitic Acid Market, By Type

• Distilled Type
• Fractionated Type

Japan Palmitic Acid Market, By Application

• Soap and Detergent
• Personal Care and Cosmetics
• Grease and Lubricant
• Others