| Product Code: ETC7543161 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India continued to witness a significant influx of fatty acid methyl ester imports, primarily sourced from major exporters such as China, South Korea, Japan, USA, and Thailand. Despite the high Herfindahl-Hirschman Index (HHI) indicating concentrated market dominance, the industry demonstrated strong growth with a Compound Annual Growth Rate (CAGR) of 20.68% from 2020 to 2024. The marginal growth rate of 0.28% from 2023 to 2024 suggests a stable trajectory in the import market for fatty acid methyl esters in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Fatty Acid Methyl Ester Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fatty Acid Methyl Ester Market Revenues & Volume, 2021 & 2031F |
3.3 India Fatty Acid Methyl Ester Market - Industry Life Cycle |
3.4 India Fatty Acid Methyl Ester Market - Porter's Five Forces |
3.5 India Fatty Acid Methyl Ester Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Fatty Acid Methyl Ester Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Fatty Acid Methyl Ester Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for biodiesel as a renewable energy source |
4.2.2 Government initiatives promoting the use of biofuels |
4.2.3 Growing awareness about environmental sustainability and reducing carbon footprint |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as vegetable oils |
4.3.2 Lack of infrastructure for biodiesel production and distribution |
4.3.3 Competition from conventional fossil fuels |
5 India Fatty Acid Methyl Ester Market Trends |
6 India Fatty Acid Methyl Ester Market, By Types |
6.1 India Fatty Acid Methyl Ester Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Fatty Acid Methyl Ester Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Fatty Acid Methyl Ester Market Revenues & Volume, By Soya Methyl Ester, 2021- 2031F |
6.1.4 India Fatty Acid Methyl Ester Market Revenues & Volume, By Rapeseed Methyl Ester, 2021- 2031F |
6.1.5 India Fatty Acid Methyl Ester Market Revenues & Volume, By Palm Oil Methyl Ester, 2021- 2031F |
6.2 India Fatty Acid Methyl Ester Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Fatty Acid Methyl Ester Market Revenues & Volume, By Fuels, 2021- 2031F |
6.2.3 India Fatty Acid Methyl Ester Market Revenues & Volume, By Lubricants, 2021- 2031F |
6.2.4 India Fatty Acid Methyl Ester Market Revenues & Volume, By Coatings, 2021- 2031F |
6.2.5 India Fatty Acid Methyl Ester Market Revenues & Volume, By Food & Agriculture, 2021- 2031F |
6.2.6 India Fatty Acid Methyl Ester Market Revenues & Volume, By Metal Working Fluids, 2021- 2031F |
7 India Fatty Acid Methyl Ester Market Import-Export Trade Statistics |
7.1 India Fatty Acid Methyl Ester Market Export to Major Countries |
7.2 India Fatty Acid Methyl Ester Market Imports from Major Countries |
8 India Fatty Acid Methyl Ester Market Key Performance Indicators |
8.1 Percentage of biodiesel consumption in transportation sector |
8.2 Number of government policies supporting biofuel production and usage |
8.3 Growth of research and development investments in biofuel technologies |
9 India Fatty Acid Methyl Ester Market - Opportunity Assessment |
9.1 India Fatty Acid Methyl Ester Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Fatty Acid Methyl Ester Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Fatty Acid Methyl Ester Market - Competitive Landscape |
10.1 India Fatty Acid Methyl Ester Market Revenue Share, By Companies, 2024 |
10.2 India Fatty Acid Methyl Ester Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here