Data Bridge Market Research analyses that the fatty alcohols market is expected to undergo a CAGR of 5.15% during the forecast period. This indicates that the market value, which was USD 5.68 billion in 2021, would rocket up to USD 8.49 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Fatty alcohols are usually straight-chain primary alcohols and high-molecular-weight alcohols. Some major commercially used fatty alcohols are stearyl, lauryl,and oleyl alcohols. These alcohols are colourless oily liquids or waxy solids, while impure samples of fatty alcohols may appear yellow. Fatty alcohols generally have single alcohol group (–OH) attached to the terminal carbon and an even number of carbon atoms. Some are branched and some are unsaturated. They are broadly used in industry.
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Scope of the Fatty Alcohol Market Report:
The fatty alcohols market is segmented on the basis of product, type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Type
- Short Chain
- Pure and Midcut
- Long Chain and Higher Chain
Application
- Detergents and Cleaners
- Cosmetics and Personal Care
- Lubricants
- Plasticizer
- Pharmaceuticals
- Food and Nutrition
- Others
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Some of the major players operating in the fatty alcohols market are:
- BASF SE (Germany)
- Global Green Chemicals Public Company Limited (Thailand)
- Jarchem Innovative Ingredients LLC (U.S.)
- CREMER OLEO GmbH & Co.KG (Germany)
- KH Neochem Co., Ltd (Japan)
- New Japan Chemical Group (Japan)
- Arkema (France)
- Wilmar International Ltd. (Singapore)
- Kao Corporation (Japan)
- Kuala Lumpur Kepong Berhad (Malaysia)
- Musim Mas (Singapore)
- Godrej Industries Limited (India)
- Procter & Gamble (U.S.)
- Sasol (South Africa)
- Emery OleoChemicals (Malaysia)
- Shell (Netherlands)
Fatty Alcohol Market Regional Analysis/Insights
The Fatty Alcohol market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Fatty Alcohol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Fatty Alcohol within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Fatty Alcohol market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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