Fatty Alcohols Market Statistics, Overview,Size and Analysis, Trends, Recent Developments, and Forecast Till 2027

 Market Size – USD 4.94 Billion in 2018, Market Growth - CAGR of 4.7%, Market Trends – The increasing preference for Bio-Based products

The global Fatty Alcohol Market is forecast to reach USD 7.15 Billion by 2027, according to a new report by Reports and Data. Fatty alcohols can be defined as, usually, straight-chain, high-molecular-weight, primary alcohols. However, these alcohols can range from as less as 4–6 carbons to as many as 22–26 carbons, which are usually derived from natural oils and fats. There are various advantages associated with these alcohols, which are contributing to the growth of the market. In this regard, one of its mentionable feature is unusual surface-active properties, due to which, this product witnessed sizable consumption along with extensive commercial use in synthetic detergents. Two of the commercially used methods for reduction associated with manufacturing these alcohols are hydrogenolysis of either fatty acids or fats and sodium reaction.  These two processes of reduction provide different products, which is dependent on the starting raw materials.

In regards to region, North America can be noticed to occupy a prominent market position. The market position held by the region is resultant to elevating awareness among consumers and associated rising demand for bio-based products.   

Leading Market Competitors:

AkzoNobel, BASF, Cargill, Emery Oleochemicals, Solazyme, Wilmar International, Archer Daniels, Midland, Evonik Industries, China Sanjiang Fine Chemicals, and Kao Chemicals.

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Market Overview:

The global Fatty Alcohol market is rapidly expanding over the last few years and is expected to register a robust CAGR in the coming years. Technological advancements, increasing need to develop sustainable and biodegradable products, and rising disposable income across the globe are key factors boosting global market growth. Increasing investments and funding from government to support materials and chemical industry and increasing demand for chemicals and raw material in various sectors including pharmaceutical and biotechnology, food and beverage, and increasing awareness about organic soaps and perfumes are further expected to fuel market growth. 

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Global Fatty Alcohols Market Segmentation:

Based on Product Type:

  • C15-C22 Fatty Alcohols
  • C11-C14 Fatty Alcohols
  • C6-C10 Fatty Alcohols

Based on Application:

  • Personal care
  • Soaps & detergents
  • Amines
  • Lubricants
  • Others

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Market Report includes major TOC points:

  • Fatty Alcohols market Overview
  • Global Economic Impact on Industry
  • Global Market Competition by Manufacturers
  • Global Production, Revenue (Value) by Region
  • Global Supply (Production), Consumption, Export, Import by Regions
  • Global Production, Revenue (Value), Price Trend by Type
  • Global Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Fatty Alcohols market Forecast

Conclusively, all aspects of the Fatty Alcohols market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

Regional Analysis covers:

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

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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