Insights into the Epoxy Fatty Acid Methyl Ester (EFAME) Market

https://dataintelo.com/report/global-epoxy-fatty-acid-methyl-ester-efame-marketThe global Epoxy Fatty Acid Methyl Ester (EFAME) Market is witnessing steady growth due to the increasing demand for sustainable and bio-based chemicals. Valued at USD 1.3 billion in 2023, the market is expected to grow at a CAGR of 7.4%, reaching USD 2.6 billion by 2030. EFAME is a crucial component in various industries, including coatings, adhesives, and lubricants, due to its excellent chemical properties and eco-friendly nature.

EFAME is derived from renewable natural resources, making it a preferred choice for environmentally conscious businesses. As industries move towards sustainability, the demand for bio-based chemicals like EFAME is growing, contributing to the overall expansion of the market.
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