Tall Oil Fatty Acid Business: Driving Factors and Industry Dynamics Forecast 2029
Tall Oil Fatty Acid (TOFA) market, projected to reach USD 1375.26 million by 2029 at a CAGR of 4.25%, is driven by its diverse applications in industries such as paints, coatings, soaps, detergents, and lubricants. Derived from pine trees as a by-product of the pulp and paper industry, TOFA consists primarily of linoleic and oleic acids. North America dominates the market, supported by an...
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