Fatty Alcohol Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

Fatty alcohols are the workhorse raw materials that facilitate the existence of products such as shampoos, shaving creams, laundry detergents, etc. Natural fatty alcohols are recyclable and less toxic, which is why they are being increasingly used in cosmetic and pharmaceutical products. This is estimated to boost the segment growth.

Factor such as favorable government initiatives in a quest to minimize dependency on petrochemicals coupled with a consumer shift towards organic personal care products is expected to drive the global fatty alcohols market over the forecast period. In addition, technological advancements coupled with increasing consumer preference for renewable chemicals are expected to create lucrative opportunities for market outlook.

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According to UnivDatos Market Insights (UMI)’ research report “global Fatty Alcohol”, the market is expected to grow at a CAGR of around 5.2% during the forecast period (2021-2027). Fatty alcohol ethoxylates are non-ionic surfactants that are widely consumed in detergents used for domestic and industrial applications. Ethoxylates are products formed from the ethoxylation process. In this process, natural or synthetic fatty alcohol groups, such as stearyl alcohol, oleyl alcohols, and lauryl alcohols, react with ethylene oxide to form ethoxylates. All these fatty alcohol products differ in physical properties in terms of cloud point, density, viscosity, and flashpoint, which depend on the degree of the ethoxylation process from which they are derived.

Fatty alcohol has risen in surfactant-based industries, such as personal care & cosmetics and soaps & detergents. In addition, due to the COVID-19 outbreak, there is increased awareness regarding the use of home care and personal care products. The demand for surfactant-based products, such as detergents and washing soaps, has risen significantly. Hence, positively influenced the demand for the fatty alcohol market.

Based on Type, the fatty alcohol market is bifurcated into natural and petrochemical. The natural segment catered to significant demand in the fatty alcohol market. Fatty alcohols occur naturally in vegetable and animal sources. Vegetable oils serve as traditional sources of fatty alcohols are more popular in some applications than animal sources because of their high content in lauryl chains. These carbon chains are highly effective in detergents for cleaning.

Based on Chain Type, the fatty alcohol market is segmented into the short-chain, long-chain, higher chain, and others The long-chain segment holds a considerable market share in the fatty alcohol market. Fatty alcohols are long-chain hydrocarbons (more than 10 carbon) containing a terminal –OH group and are used as surfactants, lubricants, cosmetics, pharmaceuticals, plastic polymerization agents, agricultural chemicals, and various other industries. Therefore, with a wide range of applications of fatty alcohol the market is expected to grow in the forecasted period.

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The Asia Pacific to witness the robust growth

Based on region, the report provides detailed analysis for overall adoption of Fatty alcohol in the major regions including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), Rest of World. The Asia Pacific caters to a significant share in the fatty alcohol market. It is mainly due to the emerging economies like India, China, etc. there is an increase in per capita income of the people. This has led to a change in their lifestyle, and people are looking for quality of product and the ease of use of the products.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Fatty alcohol market are Godrej Industries Limited, Kao Corporation, Musim Mas Group, Wilmar International Ltd., Shell International B.V., Emery Oleochemicals, Sasol Limited, VVF L.L.C., The Procter & Gamble Company, Arkema group. Several strategic decisions have been undertaken by these players to boost their presence in different regions. For instance:

·        In May 2019, Kao Corporation announced the completion of its new fatty acids manufacturing factory in Sumatra, Indonesia. With the completion of the new factory, the Kao Group increases its production capacity, produce competitive oleochemical products, and promote their stable supply, in order to expand the chemical business

·        In March 2018, Musim Mas expanded its fatty alcohol production capabilities by opening a new facility in Batam, Indonesia with a production capacity of 150 KT per annum.

“Global Fatty Alcohol Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

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Market Segmentation:

1.      By Type (Natural and Petrochemical)

2.      By Chain Type (Short-Chain, Long-Chain, Higher Chain, and Others)

3.      By Application (Surfactants, Foods, Lubricants, Pharmaceuticals, and Others)

4.      By Distribution Channel (Direct/Institutional Sales and Others)

5.      By Region (North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)

6.      By Company (Godrej Industries Limited, Kao Corporation, Musim Mas Group, Wilmar International Ltd., Shell International B.V., Emery Oleochemicals, Sasol Limited, VVF L.L.C., The Procter & Gamble Company, Arkema group).

Key questions answered in the study:

1.      What are the current and future trends of the global Fatty alcohol industry?

2.      How the industry has been evolving in terms of type, chain type, application, and distribution channel?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global Fatty alcohol industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global Fatty alcohol suppliers across various region and countries?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL FATTY ALCOHOL MARKET COVID-19 IMPACT

6 GLOBAL FATTY ALCOHOL MARKET REVENUE 2019-2027F

7 MARKET INSIGHTS BY TYPE

8 MARKET INSIGHTS BY CHAIN TYPE

9 MARKET INSIGHTS BY APPLICATION

10 MARKET INSIGHTS BY DISTRIBUTION CHANNEL

11 MARKET INSIGHTS BY REGION

12 FATTY ALCOHOL MARKET DYNAMICS

13 FATTY ALCOHOL MARKET OPPORTUNITIES

14 FATTY ALCOHOL MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

19 COMPANY PROFILED

20 DISCLAIMER

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