Palm Fatty Acid Distillates (PFAD) Market
Regions Covered
Asia
Regions Covered
Asia
Global PFAD market is expected to grow at a CAGR of 5%. PFAD is formed as a processing residue while refining palm oil at a yield rate of 4–5%. Renewable diesel based on PFAD helps replace crude oil-based diesel in transportation and enables all diesel-powered vehicles to reduce greenhouse gas emissions by 90% on an average compared to conventional diesel. Though largely diverted to biofuels PFAD is also used to produce candles, soaps, other oleochemical products, as well as animal feed.
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