Palm Methyl Ester Derivative

Palm Methyl Ester Derivative Market Outlook

The global Palm Methyl Ester Derivative Market is projected to reach approximately USD 2.5 billion by 2035, growing at a CAGR of 6.2% from 2025 to 2035. This growth is primarily driven by the increasing demand for bio-based surfactants and eco-friendly products, as well as the rising awareness regarding sustainable and biodegradable ingredients in various industries. The expanding personal care and home care sectors are significant contributors, as companies shift towards natural alternatives to synthetic chemicals. Additionally, stringent regulations concerning environmental protection are prompting manufacturers to adopt palm methyl ester derivatives, further propelling market growth. As industries evolve, the innovations in production processes and formulations will likely create new opportunities and enhance competitiveness within the market.

Growth Factor of the Market

The Palm Methyl Ester Derivative Market is experiencing significant growth due to a multitude of driving factors. First and foremost, the increasing consumer preference for eco-friendly and biodegradable products is pushing manufacturers to innovate and incorporate sustainable materials in their formulations. Additionally, the rise in environmental regulations and initiatives aimed at reducing carbon footprints is fostering a shift towards more sustainable raw materials, such as palm methyl esters. The growing awareness regarding the harmful effects of synthetic chemicals further aids the market, as consumers are opting for safer alternatives in personal care and household products. Moreover, industries such as agrochemicals and industrial cleaning are recognizing the advantages of palm methyl ester derivatives, which enhances their application and market penetration. The convergence of these factors is expected to sustain robust growth in the palm methyl ester derivative sector.

Key Highlights of the Market

• Projected market size of USD 2.5 billion by 2035 with a CAGR of 6.2%.
• Increasing consumer demand for eco-friendly and biodegradable products.
• Expanding applications in personal care, home care, and industrial cleaning.
• Shifting regulations promoting the use of sustainable ingredients.
• Rising awareness of health and safety concerns related to synthetic chemicals.

By Product Type

Palm Methyl Ester Sulfonate:

Palm Methyl Ester Sulfonate is increasingly recognized for its exceptional surfactant properties, making it a preferred choice in various cleaning applications. This product type is particularly valued for its biodegradability, which aligns with the growing consumer demand for environmentally friendly products. In personal care formulations, it offers excellent foaming and cleansing capabilities, enhancing the overall consumer experience. Additionally, the industrial cleaning sector is adopting this derivative due to its efficiency and performance in removing stubborn dirt and grease. The increasing regulatory focus on sustainability is anticipated to further bolster the demand for palm methyl ester sulfonate in the coming years.

Palm Methyl Ester Ethoxylates:

Palm Methyl Ester Ethoxylates are gaining traction due to their versatility and effectiveness in emulsifying and solubilizing applications. These derivatives are widely used in personal care products, such as shampoos and body washes, where their mildness and skin compatibility are essential. Additionally, their use in home care products has been on the rise, especially in formulations designed for cleaning and stain removal. The ability to create stable emulsions makes them valuable in agrochemical applications as well, allowing for better dispersion of active ingredients. This dual functionality is driving their popularity across multiple sectors.

Palm Methyl Ester Amides:

This product type plays a crucial role in enhancing the texture and stability of various formulations. Palm Methyl Ester Amides are particularly favored in personal care products where they serve as emulsifiers and conditioning agents. Their non-toxic and biodegradable nature aligns well with the current trend toward cleaner and greener products, making them an attractive option for manufacturers aiming to meet consumer expectations. Additionally, these derivatives are utilized in industrial cleaning applications for their ability to improve the effectiveness of cleaning agents. As more industries seek to eliminate harmful chemicals from their products, the demand for palm methyl ester amides is expected to rise.

Palm Methyl Ester Quaternary Ammonium Compounds:

Palm Methyl Ester Quaternary Ammonium Compounds are recognized for their antimicrobial properties, making them essential in various industrial and consumer applications. Their effectiveness as biocides is particularly advantageous in agricultural settings, where they help in pest control and plant health management. Furthermore, these compounds are increasingly utilized in personal care formulations for their conditioning and antimicrobial benefits, providing consumers with products that are not only effective but also safe. The growing trend towards natural and biodegradable alternatives in cleaning products is likely to drive the demand for these compounds in the foreseeable future.

Palm Methyl Ester Alkoxylates:

Palm Methyl Ester Alkoxylates are gaining popularity due to their gentle nature and effectiveness in personal care applications. These derivatives are known for their emulsifying properties, which help to create stable formulations in creams, lotions, and other cosmetic products. The growing inclination towards using natural ingredients in personal care products is bolstering the market for palm methyl ester alkoxylates, as they are derived from renewable sources. Additionally, their application in industrial cleaning agents, where they enhance cleaning efficiency, is also driving their demand. The continued focus on sustainability in formulation strategies will likely further enhance the market for this product type.

By Application

Personal Care:

The personal care segment is a significant driver of the Palm Methyl Ester Derivative Market, as consumers increasingly prefer products that are naturally derived and environmentally friendly. This segment includes a range of products such as shampoos, conditioners, lotions, and facial cleansers, where the incorporation of palm methyl esters provides excellent emulsifying and conditioning properties. The trend towards clean beauty and organic formulations is prompting manufacturers to seek alternatives to synthetic ingredients. Thus, palm methyl esters serve as effective surfactants and emollients, meeting both performance and consumer demand for sustainability.

Home Care:

In the home care sector, palm methyl esters are favored for their surfactant properties, which enhance the cleaning efficiency of various household products. The demand for eco-friendly cleaning agents is on the rise, driven by increasing consumer awareness of the environmental impact of conventional cleaning products. Palm methyl esters enable manufacturers to create biodegradable and effective formulations for laundry detergents, surface cleaners, and dishwashing liquids. Their ability to break down grease and grime while being gentle on surfaces and the environment is a significant factor in their growing application in the home care industry.

Industrial Cleaning:

The industrial cleaning segment is leveraging the benefits of palm methyl esters for their powerful cleaning capabilities. Products designed for heavy-duty cleaning applications require effective surfactants that can tackle tough stains and contaminants. Palm methyl esters offer excellent solubilization properties, enabling them to be effective in various industrial applications, from machinery maintenance to facility cleaning. The shift towards sustainable and biodegradable alternatives in industrial cleaning is further endorsing the use of palm methyl ester derivatives, as industries aim to comply with increasing regulations related to environmental sustainability.

Agrochemicals:

Palm methyl ester derivatives are emerging as essential components in the agrochemical sector, where they are utilized for their emulsifying and dispersing properties. These derivatives enhance the effectiveness of pesticide and herbicide formulations, ensuring better adhesion and distribution of active ingredients. As the agricultural industry increasingly adopts sustainable practices, the demand for biodegradable and non-toxic formulations is driving the use of palm methyl esters. Their effectiveness in improving spray quality and coverage is contributing to a growing preference among agrochemical manufacturers to incorporate these bio-based derivatives into their products.

Others:

The "Others" segment encompasses various niche applications where palm methyl esters are utilized, including textiles, automotive, and pharmaceuticals. In textiles, these derivatives are employed as softeners and surfactants, improving fabric performance and feel. In the automotive sector, palm methyl esters are used in cleaning agents for vehicle maintenance. Additionally, in pharmaceuticals, their emulsifying properties can be beneficial in drug formulations. As industries continue to explore the versatility of palm methyl esters, these applications are expected to see increased demand, contributing to overall market growth.

By Distribution Channel

Direct Sales:

Direct sales are a significant distribution channel for palm methyl ester derivatives, especially for companies seeking to establish a strong relationship with their customers. Through direct sales, manufacturers can offer tailored solutions and effectively demonstrate the benefits of their products, which helps in building brand loyalty. This channel allows for better control over pricing and distribution, enabling companies to respond swiftly to market demands. Additionally, direct sales can lead to increased customer satisfaction, as customers receive personalized support and guidance in selecting the right products for their specific needs.

Distributor Sales:

Distributor sales play a crucial role in expanding the market reach of palm methyl ester derivatives, particularly for companies looking to penetrate international markets. Distributors often have established networks and relationships within various industries, facilitating the efficient movement of products from manufacturers to end-users. This channel provides manufacturers with the advantage of leveraging distributor expertise and market knowledge, allowing them to focus on production and innovation. Furthermore, distributors can assist in regulatory compliance and logistics, streamlining the overall distribution process and enhancing market accessibility for palm methyl esters.

Online Retail:

The rise of e-commerce has significantly influenced the distribution landscape for palm methyl ester derivatives, with online retail emerging as a crucial channel. This trend has accelerated due to the increasing consumer preference for online shopping, driven by convenience and access to a broader range of products. Through online retail platforms, manufacturers can reach a global audience and showcase their products effectively. Additionally, online sales provide valuable consumer insights and data, enabling companies to tailor their marketing strategies to meet evolving consumer preferences. As digital transformation continues to reshape the retail landscape, online channels will become increasingly vital for the distribution of palm methyl esters.

By Ingredient Type

Palm Stearin:

Palm Stearin, a key derivative of palm oil, is widely used in the production of palm methyl esters due to its unique properties. It serves as a crucial ingredient for various personal care and home care products, providing desirable fatty acid profiles that enhance formulation stability and performance. The demand for palm stearin is on the rise, as consumers increasingly gravitate towards products that offer natural and renewable sourcing. Furthermore, its applications extend beyond personal care, finding utility in industrial formulations where its emulsifying properties play a significant role in enhancing product effectiveness.

Palm Olein:

Palm Olein is another significant ingredient type used in the production of palm methyl esters, characterized by its liquid nature and high oxidative stability. Its incorporation into various formulations is primarily driven by its ability to enhance texture and improve the overall sensory experience of products. In personal care applications, palm olein provides moisturizing benefits, making it an ideal component in lotions and creams. The growing preference for palm olein in eco-friendly formulations is also aligning with market trends toward sustainability, further solidifying its position in the palm methyl ester derivative market.

Palm Kernel Oil:

Palm Kernel Oil is known for its high lauric acid content, making it a valuable ingredient in the formulation of palm methyl esters. Its unique fatty acid composition contributes to the excellent foaming and emulsifying properties necessary for personal care and household cleaning products. As consumers continue to seek alternatives to synthetic ingredients, the demand for palm kernel oil is anticipated to grow. Furthermore, its applications in the food, cosmetics, and pharmaceutical industries underline its versatility, enhancing its significance in the overall palm methyl ester derivatives market.

Palm Oil Derivatives:

Palm Oil Derivatives encompass a broad range of products derived from palm oil, and their role in the Palm Methyl Ester Derivative Market cannot be overstated. These derivatives enhance the functionality of various formulations, enabling manufacturers to create products that meet diverse consumer needs. The versatility of palm oil derivatives allows for their use in applications ranging from personal care to industrial cleaning. As the market for sustainable and natural products expands, the demand for palm oil derivatives will likely continue to grow, reinforcing their importance in the formulation of palm methyl esters.

Others:

The "Others" segment includes a variety of ingredients used in conjunction with palm methyl esters, enhancing their overall performance and application scope. These may include specialty oils, waxes, or other bio-based materials that complement the properties of palm methyl esters in various formulations. The rising trend towards multifunctional ingredients, which provide several benefits in one formulation, is likely to drive the demand for these additional components. As industries seek innovative solutions, the inclusion of diverse ingredients will play a pivotal role in expanding the applications and market penetration of palm methyl esters.

By Region

Regionally, the Palm Methyl Ester Derivative Market showcases diverse growth patterns, with the Asia Pacific region leading the market due to its extensive palm oil production and increasing consumer demand for bio-based products. The region is projected to account for over 35% of the global market share by 2035, with a CAGR of 6.5% during the forecast period. Countries such as Indonesia and Malaysia are at the forefront of palm oil cultivation, driving the availability of raw materials for palm methyl esters. Additionally, the growing awareness of sustainability and eco-friendly products in emerging economies like India and China is expected to further contribute to the market's expansion in this region.

North America and Europe are also witnessing significant growth in the Palm Methyl Ester Derivative Market, driven by stringent regulations promoting the use of sustainable ingredients in personal care and cleaning products. In North America, the market is expected to reach USD 600 million by 2035, reflecting a CAGR of 5.8% during the forecast period. European countries are increasingly adopting palm methyl esters in response to consumer preferences for natural and biodegradable alternatives, particularly within the personal care and home care segments. While these regions may not dominate the market share, their commitment to sustainability and innovation is likely to foster substantial growth.

Opportunities

The Palm Methyl Ester Derivative Market presents numerous opportunities for growth, particularly in the realm of product innovation. As consumer preferences shift towards sustainable and natural products, companies have the chance to reformulate existing products using palm methyl esters. By investing in R&D, manufacturers can develop new formulations that meet the growing demand for eco-friendly alternatives in personal care, home care, and industrial applications. The versatility of palm methyl esters allows for creative product development, enabling companies to cater to niche markets and address specific consumer needs. Furthermore, collaboration with eco-conscious brands can lead to strategic partnerships that enhance market visibility and consumer trust.

Another significant opportunity lies in expanding distribution channels, especially through e-commerce platforms. The rising trend of online shopping provides a unique avenue for manufacturers to reach a broader audience and increase brand awareness. By leveraging digital marketing strategies and optimizing online presence, companies can tap into a growing customer base that seeks convenience and access to diverse products. Additionally, targeting emerging markets in regions such as Asia-Pacific and Latin America can yield lucrative returns, as these regions exhibit a rising demand for bio-based products. By seizing these opportunities, companies can position themselves strategically within the competitive landscape of the palm methyl ester derivative market.

Threats

Despite the promising growth of the Palm Methyl Ester Derivative Market, several threats could potentially hinder its progress. One significant concern is the volatility of palm oil prices, which can impact the cost of production and profitability for manufacturers. Fluctuations in palm oil prices can arise from various factors, including changes in global supply and demand, environmental regulations, and climate conditions affecting palm cultivation. Such price instability poses challenges for companies, as it complicates pricing strategies and may deter potential investments in research and development. Additionally, negative publicity surrounding palm oil production, particularly related to deforestation and biodiversity loss, could lead to consumer backlash against palm-based products, further impacting market growth.

Another potential threat to the palm methyl ester derivatives market is the emergence of alternative sustainable materials. As the market evolves, competitors may develop new bio-based substitutes that could replace palm methyl esters in various applications. Innovations in plant-based ingredients or synthetic alternatives that boast similar performance without the associated environmental concerns may capture market share and challenge the existing demand for palm-derived products. Companies in this sector must remain vigilant and adaptable, continuously monitoring market trends and consumer preferences to mitigate the risks posed by these emerging alternatives and ensure sustained growth.

Competitor Outlook

• Wilmar International Ltd.
• IOI Corporation Berhad
• Cargill, Inc.
• Musim Mas Holdings Pte Ltd.
• Golden Agri-Resources Ltd.
• PT Astra Agro Lestari Tbk
• APICAL Group Ltd.
• Univanich Palm Oil PCL
• DAWN Foods
• Emery Oleochemicals
• New Britain Palm Oil Ltd.
• Agri Commodities Pte Ltd.
• Kuala Lumpur Kepong Berhad
• PT Perusahaan Perkebunan London Sumatra Indonesia Tbk.
• Oleo Capital Group

The competitive landscape of the Palm Methyl Ester Derivative Market is characterized by the presence of numerous key players, each vying for market share through product differentiation and innovation. Major companies such as Wilmar International Ltd., IOI Corporation Berhad, and Cargill, Inc. are at the forefront of the market, leveraging their extensive supply chains to ensure consistent raw material availability. These companies often invest significantly in research and development to enhance their product offerings, ensuring they remain competitive in a rapidly evolving market. Additionally, strategic partnerships with other manufacturers or brands seeking sustainable ingredients can provide a competitive edge, enabling companies to expand their market presence and customer base.

Wilmar International Ltd. is a significant player in the palm oil industry, known for its commitment to sustainability and responsible sourcing practices. The company emphasizes transparency in its supply chain, actively engaging with stakeholders to promote sustainable palm oil production. By aligning its business practices with consumer expectations for ethical sourcing, Wilmar International has enhanced its reputation and trust among consumers in the palm methyl ester derivatives market. Moreover, the company continuously invests in innovation, developing new formulations that cater to the evolving demands of various applications.

Cargill, Inc. is another key player in the palm methyl ester derivative sector, recognized for its extensive product portfolio and commitment to sustainability. The company actively participates in initiatives aimed at promoting responsible palm oil production, addressing environmental concerns associated with palm cultivation. Cargill's ability to adapt to changing market dynamics and consumer preferences enables it to maintain a competitive edge. The company also focuses on forming strategic partnerships, expanding its distribution networks, and enhancing product accessibility, further solidifying its presence in the global market for palm methyl esters.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 DAWN Foods
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Cargill, Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 APICAL Group Ltd.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Oleo Capital Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Emery Oleochemicals
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 IOI Corporation Berhad
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Univanich Palm Oil PCL
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Agri Commodities Pte Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 New Britain Palm Oil Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 PT Astra Agro Lestari Tbk
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Wilmar International Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Golden Agri-Resources Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Kuala Lumpur Kepong Berhad
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Musim Mas Holdings Pte Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 PT Perusahaan Perkebunan London Sumatra Indonesia Tbk.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Palm Methyl Ester Derivative Market, By Application
    • 6.1.1 Personal Care
    • 6.1.2 Home Care
    • 6.1.3 Industrial Cleaning
    • 6.1.4 Agrochemicals
    • 6.1.5 Others
  • 6.2 Palm Methyl Ester Derivative Market, By Product Type
    • 6.2.1 Palm Methyl Ester Sulfonate
    • 6.2.2 Palm Methyl Ester Ethoxylates
    • 6.2.3 Palm Methyl Ester Amides
    • 6.2.4 Palm Methyl Ester Quaternary Ammonium Compounds
    • 6.2.5 Palm Methyl Ester Alkoxylates
  • 6.3 Palm Methyl Ester Derivative Market, By Ingredient Type
    • 6.3.1 Palm Stearin
    • 6.3.2 Palm Olein
    • 6.3.3 Palm Kernel Oil
    • 6.3.4 Palm Oil Derivatives
    • 6.3.5 Others
  • 6.4 Palm Methyl Ester Derivative Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales
    • 6.4.3 Online Retail

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Palm Methyl Ester Derivative Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Palm Methyl Ester Derivative market is categorized based on

By Product Type

• Palm Methyl Ester Sulfonate
• Palm Methyl Ester Ethoxylates
• Palm Methyl Ester Amides
• Palm Methyl Ester Quaternary Ammonium Compounds
• Palm Methyl Ester Alkoxylates

By Application

• Personal Care
• Home Care
• Industrial Cleaning
• Agrochemicals
• Others

By Distribution Channel

• Direct Sales
• Distributor Sales
• Online Retail

By Ingredient Type

• Palm Stearin
• Palm Olein
• Palm Kernel Oil
• Palm Oil Derivatives
• Others

By Region

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Wilmar International Ltd.
• IOI Corporation Berhad
• Cargill, Inc.
• Musim Mas Holdings Pte Ltd.
• Golden Agri-Resources Ltd.
• PT Astra Agro Lestari Tbk
• APICAL Group Ltd.
• Univanich Palm Oil PCL
• DAWN Foods
• Emery Oleochemicals
• New Britain Palm Oil Ltd.
• Agri Commodities Pte Ltd.
• Kuala Lumpur Kepong Berhad
• PT Perusahaan Perkebunan London Sumatra Indonesia Tbk.
• Oleo Capital Group