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Fatty Alcohol Market - Global Industry Analysis

Fatty Alcohol Market by Type (Short Chain Fatty Alcohol, Pure & Mid-cut Fatty Alcohol, Long Chain Fatty Alcohol, and Higher Chain Fatty Alcohol), by Application (Industrial & Domestic Cleaning, Personal Care, Lubricants, Plasticizers, Pharmaceutical Formulation, Food & Nutrition, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024

Published Date: 27-Nov-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3558 Status : Published

Global fatty alcohol market expected to reach approximately USD 6,500 million by 2024, growing at a CAGR of slightly above 5% between 2018 and 2024. The fatty alcohol is derived from fatty acids and forms the basic building blocks of products like soaps, shampoos, and cosmetics among others.

Description

The report covers forecast and analysis for the fatty alcohol market on a global and regional level. The study provides historic data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on volume (Kilotons) and revenue (USD Million). The study includes drivers and restraints for the fatty alcohol market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the fatty alcohol market on a global level.

This report offers a comprehensive analysis of the global fatty alcohol market along with, market trends, drivers, and restraints of the fatty alcohol market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary, and the primary research team of industry experts.

Global Fatty Alcohol Market

The study provides a decisive view on the fatty alcohol market by segmenting the market based on type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on the type, the market is segmented into the short chain, pure & mid-cut, long chain, and higher chain fatty alcohol. The application is segmented into industrial & domestic cleaning, personal care, lubricants, plasticizers, pharmaceutical formulation, food & nutrition, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into countries such as the U.S., the UK, France, Germany, China, India, Japan, and Brazil.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global fatty alcohol market such as Royal Dutch Shell PLC, Kuala Lumpur Kepong Berhad (KLK), Wilmar International Ltd, Sasol, Godrej Industries Limited, Emery Oleochemicals, Musim Mas Holdings, Procter & Gamble, VVF Ltd, and others.

The report segments the global fatty alcohol market as follows:

Fatty Alcohol Market: Type Segment Analysis

  • Short Chain Fatty Alcohol
  • Pure &Mid-cut Fatty Alcohol
  • Long Chain Fatty Alcohol
  • Higher Chain Fatty Alcohol

Fatty Alcohol Market:  Application Segment Analysis

  • Industrial & Domestic Cleaning 
  • Personal Care 
  • Lubricants 
  • Plasticizers 
  • Pharmaceutical Formulation 
  • Food & Nutrition 
  • Others 

Fatty Alcohol Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Fatty Alcohol Market, 2015 - 2024, (Kilotons) (USD Million)
    • 2.2. Fatty Alcohol Market: Market Snapshot
  •  
  • Chapter 3. Fatty Alcohol Market - Industry Analysis
    • 3.1. Fatty Alcohol Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing Penetration in Surfactant-Based Industries
      • 3.2.2. Feedstock Flexibility and Growing Consumption of Fatty Alcohol in Emerging Clusters of Asia-Pacific
    • 3.3. Restraints
      • 3.3.1. Surplus Production of Fatty Alcohol Leading to Oversupply.
    • 3.4. Opportunity
      • 3.4.1. Consumer Preference for Bio-Based and Renewable Resources Based Products
    • 3.5. Porter's five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis by Type Segment
      • 3.6.2. Market Attractiveness Analysis by Application Segment
      • 3.6.3. Market Attractiveness Analysis by Regional Segment
  •  
  • Chapter 4. Fatty Alcohol Market- Competitive Landscape
    • 4.1. Company Market Share Analysis, 2017 (Subject to Data Availability)
    • 4.2. Strategic Developments
    • 4.3. Acquisitions & Mergers
    • 4.4. New Product Launch
    • 4.5. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.6. Research and Development, Product and Regional Expansion
  •  
  • Chapter 5. Global Fatty Alcohol Market-Type Segment Analysis
    • 5.1. Global Fatty Alcohol Market Overview: by Type
      • 5.1.1. Fatty Alcohol Market Volume Share, by Type, 2017 and 2024
    • 5.2. Global Fatty Alcohol Market for Short Chain, 2015-2024(Kilotons) (USD Million)
    • 5.3. Global Fatty AlcoholMarket for Pure & Mid-cut Fatty Alcohol, 2015-2024 (Kilotons) (USD Million)
    • 5.4. Global Fatty AlcoholMarket for Long Chain Fatty Alcohol, 2015-2024 (Kilotons) (USD Million)
    • 5.5. Global Fatty AlcoholMarket for Higher Chain Fatty Alcohol, 2015-2024 (Kilotons) (USD Million)
  •  
  • Chapter 6. Global Fatty Alcohol Market - Application Segment Analysis
    • 6.1. Global Fatty Alcohol Market Overview: by Application
      • 6.1.1. Fatty Alcohol Market Volume Share, by Application, 2017 and 2024
    • 6.2. Global Fatty AlcoholMarket for Industrial & Domestic Cleaning, 2015-2024 (Kilotons) (USD Million)
    • 6.3. Global Fatty AlcoholMarket for Personal Care, 2015-2024 (Kilotons) (USD Million)
    • 6.4. Global Fatty AlcoholMarket for Lubricants, 2015-2024 (Kilotons) (USD Million)
    • 6.5. Global Fatty AlcoholMarket for Plasticizers, 2015-2024 (Kilotons) (USD Million)
    • 6.6. Global Fatty Alcohol Market for Pharmaceutical Formulation, 2015-2024 (Kilotons) (USD Million)
    • 6.7. Global Fatty Alcohol Market for Food & Nutrition, 2015-2024 (Kilotons) (USD Million)
    • 6.8. Global Fatty Alcohol Market for Others, 2015-2024 (Kilotons) (USD Million)
  •  
  • Chapter 7. Global Fatty Alcohol Market- Regional Analysis
    • 7.1. Global Fatty Alcohol Market Overview: by Region
      • 7.1.1. Global Fatty Alcohol Market Volume Share, by Region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America Fatty Alcohol Market, 2015 - 2024(Kilotons) (USD Million)
      • 7.2.2. North America Fatty Alcohol Market Volume, by Type, 2015 - 2024(Kilotons)
      • 7.2.3. North America Fatty Alcohol Market Volume, by Application, 2015 - 2024(Kilotons)
      • 7.2.4. North America Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
      • 7.2.5. North America Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.2.6. U.S.
        • 7.2.6.1. U.S. Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.2.6.2. U.S. Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 7.2.6.3. U.S. Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
        • 7.2.6.4. U.S. Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Fatty Alcohol Market, 2015 - 2024(Kilotons) (USD Million)
      • 7.3.2. Europe Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
      • 7.3.3. Europe Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
      • 7.3.4. Europe Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
      • 7.3.5. Europe Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.3.6. UK
        • 7.3.6.1. UK Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.3.6.2. UK Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 7.3.6.3. UK Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
        • 7.3.6.4. UK Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.3.7. France
        • 7.3.7.1. France Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.3.7.2. France Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 7.3.7.3. France Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
        • 7.3.7.4. France Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.3.8. Germany
        • 7.3.8.1. Germany Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.3.8.2. Germany Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 7.3.8.3. Germany Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
        • 7.3.8.4. Germany Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Fatty Alcohol Market, 2015 - 2024(Kilotons) (USD Million)
      • 7.4.2. Asia Pacific Fatty Alcohol Market Volume, by Type, 2015 - 2024(Kilotons)
      • 7.4.3. Asia Pacific Fatty Alcohol Market Volume, by Application, 2015 - 2024(Kilotons)
      • 7.4.4. Asia Pacific Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
      • 7.4.5. Asia Pacific Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.4.6. China
        • 7.4.6.1. China Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.4.6.2. China Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 7.4.6.3. China Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
        • 7.4.6.4. China Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.4.7. Japan
        • 7.4.7.1. Japan Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.4.7.2. Japan Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 7.4.7.3. Japan Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
        • 7.4.7.4. Japan Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.4.8. India
        • 7.4.8.1. India Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.4.8.2. India Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 7.4.8.3. India Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
        • 7.4.8.4. India Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Fatty Alcohol Market, 2015 - 2024(Kilotons) (USD Million)
      • 7.5.2. Latin America Fatty Alcohol Market Volume, by Type, 2015 - 2024(Kilotons)
      • 7.5.3. Latin America Fatty Alcohol Market Volume, by Application, 2015 - 2024(Kilotons)
      • 7.5.4. Latin America Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
      • 7.5.5. Latin America Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
      • 7.5.6. Brazil
        • 7.5.6.1. Brazil Fatty Alcohol Market Volume, by Type, 2015 - 2024 (Kilotons)
        • 7.5.6.2. Brazil Fatty Alcohol Market Volume, by Application, 2015 - 2024 (Kilotons)
        • 7.5.6.3. Brazil Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
        • 7.5.6.4. Brazil Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa Fatty Alcohol Market, 2015 - 2024(Kilotons) (USD Million)
      • 7.6.2. Middle East & Africa Fatty Alcohol Market Volume, by Type, 2015 - 2024(Kilotons)
      • 7.6.3. Middle East & Africa Fatty Alcohol Market Volume, by Application, 2015 - 2024(Kilotons)
      • 7.6.4. Middle East & Africa Fatty Alcohol Market Revenue, by Type, 2015 - 2024 (USD Million)
      • 7.6.5. Middle East & Africa Fatty Alcohol Market Revenue, by Application, 2015 - 2024 (USD Million)
  •  
  • Chapter 8. Company Profiles
    • 8.1. Wilmar International Ltd
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Kuala Lumpur Kepong Berhad(KLK)
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Sasol
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Godrej Industries Limited
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Musim Mas Holdings.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Developments
    • 8.6. Emery Oleochemicals
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Developments
    • 8.7. Procter & Gamble.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Developments
    • 8.8. VVF Ltd
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Developments
    • 8.9. Royal Dutch Shell PLC
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Developments

List of Figures

1. Market Research Process
2. Market Research Methodology
3. Global Fatty Alcohol Market, 2015 - 2024(Kilotons)(USD Million)
4. Porter’s Five Forces Analysis: Controlled Fatty Alcohol Market
5. Global Fatty Alcohol Market Attractiveness, by Type
6. Global Fatty Alcohol Market Attractiveness, by Application
7. Global Fatty Alcohol Market Attractiveness, by Region
8. Global Fatty Alcohol Market Volume Share, by Type, 2017&2024
9. Global Fatty Alcohol Market Volume Share, by Application, 2017&2024
10. Global Fatty Alcohol Market for Short Chain,2015-2024(Kilotons)(USD Million)
11. Global Fatty Alcohol Market for Pure & Mid-cut Fatty Alcohol, 2015 - 2024(Kilotons) (USD Million)
12. Global Fatty Alcohol Market for Long Chain Fatty Alcohol, 2015 - 2024(Kilotons) (USD Million)
13. Global Fatty Alcohol Market for Higher Chain Fatty Alcohol, 2015 - 2024 (Kilotons) (USD Million)
14. Global Fatty Alcohol Market for Industrial & Domestic Cleaning, 2015 - 2024 (Kilotons) (USD Million)
15. Global Fatty Alcohol Market for Selective, 2015 - 2024 (Kilotons) (USD Million)
16. Global Fatty Alcohol Market for Personal Care, 2015 - 2024 (Kilotons) (USD Million)
17. Global Fatty Alcohol Market for Lubricants, 2015 - 2024 (Kilotons) (USD Million)
18. Global Fatty Alcohol Market for Plasticizers, 2015 - 2024 (Kilotons) (USD Million)
19. Global Fatty Alcohol Market for Pharmaceutical Formulation, 2015 - 2024 (Kilotons) (USD Million)
20. Global Fatty Alcohol Market for Food & Nutrition, 2015 - 2024 (Kilotons) (USD Million)
21. Global Fatty Alcohol Market for Others, 2015 - 2024 (Kilotons) (USD Million)
22. Global Fatty Alcohol Market Volume Share, by Region, 2017&2024
23. North America Fatty Alcohol Market, 2015 - 2024(Kilotons)(USD Million)
24. Europe Fatty Alcohol Market, 2015 - 2024(Kilotons)(USD Million)
25. Asia Pacific Fatty Alcohol Market, 2015 –2024(Kilotons)(USD Million)
26. Latin America Fatty Alcohol Market, 2015-2024(Kilotons)(USD Million)
27. Middle East & Africa Fatty Alcohol Market, 2015 – 2024(Kilotons)(USD Million)


List of Tables

1. Global Fatty Alcohol Market: Snapshot
2. Drivers for Fatty Alcohol Market: Impact Analysis
3. Restraints of Fatty Alcohol Market: Impact Analysis
4. North America Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
5. North America Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
6. North America Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
7. North America Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
8. U.S. Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
9. U.S. Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
10. U.S. Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
11. U.S. Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
12. Europe Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
13. Europe Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
14. Europe Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
15. Europe Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
16. UK Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
17. UK Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
18. UK Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
19. UK Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
20. France Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
21. France Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
22. France Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
23. France Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
24. Germany Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
25. Germany Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
26. Germany Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
27. Germany Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
28. Asia Pacific Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
29. Asia Pacific Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
30. Asia Pacific Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
31. Asia Pacific Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
32. China Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
33. China Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
34. China Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
35. China Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
36. Japan Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
37. Japan Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
38. Japan Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
39. Japan Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
40. India Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
41. India Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
42. India Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
43. India Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
44. Latin America Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
45. Latin America Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
46. Latin America Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
47. Latin America Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
48. Brazil Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
49. Brazil Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
50. Brazil Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
51. Brazil Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)
52. Middle East & Africa Fatty Alcohol Market Volume, by Type, 2015 – 2024 (Kilotons)  
53. Middle East & Africa Fatty Alcohol Market Volume, by Application, 2015 – 2024 (Kilotons)  
54. Middle East & Africa Fatty Alcohol Market Revenue, by Type, 2015 – 2024 (USD Million)
55. Middle East & Africa Fatty Alcohol Market Revenue, by Application, 2015 – 2024 (USD Million)

Methodology

Free Analysis

The naturally occurring fatty alcohols are normally straight-chain primary alcohol with a high molecular weight. They are derived from natural oils and fats by hydrogenating the fatty methyl ester. These fatty alcohols are mostly used in the making of detergents and surfactants. They are further associated in the manufacturing process of solvents, plasticizers, lubricants, inks, and others where they act as both thickening and cleansing agents. 

Rise in demand for cleaning agents in detergents and the increase in usage of fatty alcohol in the personal care industry are some of the major factors that are driving the growth of the fatty alcohol market. Fatty Alcohol is mostly used in personal care industry as emulsifiers and emollients. The personal care industry can be considered as one of the fastest growing industries. According to an article published by the Azafran Innovation Limited, the organic skin care industry is expected to have a market value of around USD 150 million by the end of the year 2020. The key players in skin care products industry such as Himalaya Herbs and Biotique are working effortlessly for making new product development & innovations , thereby promoting the growth of the fatty alcohol market. Fatty Alcohol isis largely used in detergent industry because of the better cleaning properties of the chemical. Certain fatty alcohols such as c11-c14 are used in the detergent industry as they also have great foaming properties. 

Global Fatty Alcohol Market

These fatty alcohols are generally bio-degradable in nature and this increases its demand across other industries for reducing the toxicity caused by petrochemicals. The government agencies have also set out various regulations related to environmental concerns. For instance, REACH is a government agency that supports the use of naturally derived fatty alcohol for applications in soaps, detergents, and cosmetics among others. However, it is the extra production of fatty alcohol that is leading to an oversupply of the product and will further act as a restraining factor for the market. It is further expected that consumer preferences for bio-based and renewable resources-based products will also provide numerous opportunities for the key players working in the global fatty alcohol market in the upcoming years.

The global fatty alcohol market can be segmented based on type, application, and region. Based on type, the fatty alcohol market is segmented into pure & mid-cut, long chain, short chain, and higher chain fatty alcohol. The application area for the market is divided into personal care, plasticizers, industrial & domestic cleaning, lubricants, pharmaceutical formulation, food & nutrition, and others. Personal care is expected to be the most dominant segment in the fatty alcohol market and is expected to maintain its dominance over the forecast period. The increase in demand for cosmetics along with other personal care products is expected to drive the demand for fatty alcohol in the years to come.

Based on region, the market is divided into Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa. The Asia Pacific had the most significant share in the fatty alcohol market in terms of value in 2017. This can be attributed to the growing consumption of fatty alcohol in the developing regions of China, India, etc. North America fatty alcohol market is also likely to witness a notable surge during the forecast period.

Some of the key players operating in the global fatty alcohol market are Royal Dutch Shell PLC, Kuala Lumpur Kepong Berhad (KLK), Wilmar International Ltd, Sasol, Godrej Industries Limited, Emery Oleochemicals, Musim Mas Holdings, Procter & Gamble, VVF Ltd, and others.

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