Global Fatty Alcohols Market: Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Fatty Alcohols Market: By Type (Higher Chain Fatty Alcohols, Long Chain Fatty Alcohols, Pure & Midcut Fatty Alcohols and Short Chain), By Application (Food & Nutrition, Industrial & Domestic Cleaning, Lubricants, Personal Care, Pharmaceutical Formulations, Plasticizers and Others) and Geography

 

 

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Description

Global Fatty Alcohols Market

 

Global Fatty Alcohols Market Report Description:

Global Fatty Alcohols market report gives comprehensive outlook on fatty alcohols across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global fatty alcohols market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application and region. This report studies global fatty alcohols market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global fatty alcohols market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global fatty alcohols market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global fatty alcohols market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global fatty alcohols products.

 

Global Fatty Alcohols Market:

The global market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2020-2026. Consumer shift towards natural products along with favorable government initiative, increasing use of fatty alcohols in manufacturing personal care products, growing cosmetics & personal care industry in developing countries, increasing use as non-ionic surfactants in numerous applications and rising per capita disposable income of people are some key factors influencing the market growth. However, factors such as volatility in raw material prices are hindering the market growth.

 

Increasing use of Fatty Alcohols in Personal Care Products are Fueling the Market Growth

 Fatty alcohols are among the most commonly used ingredients in personal care formulations. They are used in a variety of products such as shampoo, conditioner, shower gel, antiperspirant and lipstick. Naturally derived fatty alcohols are produced by transesterifying vegetable or animal derived triglycerides using methanol followed by hydrogenating the resulting esters to the alcohol. There’s a class of ingredients known as fatty alcohols, which are not the least bit harmful for skin. Typically, fatty alcohols are also used as emollients and thickeners in skin-care products. Fatty alcohols are not irritating and, in fact, can be beneficial for dry skin. As far as skin is concerned, fatty alcohols are about as related to skin-damaging alcohol/ethanol as a martini is to a cup of olive oil. Hence, increasing use of fatty alcohols in personal care products is fueling the market growth

 

 

 

Asia Pacific Accounts for Larger Market Revenue Share in Global Fatty Alcohols Market

 Asia Pacific accounted for larger revenue share in global fatty alcohols market with considerable CAGR. The growth in this region is due to growing demand for fatty alcohol-based surfactants from various industries, increasing disposable income of people, population growth and rising urbanization, Also, China is the major contributor for the growth of the market in this region. In addition, North America held significant growth for the market growth during predicted period owing to stringent government regulation.

 

 

Competition Assessment

Key player’s profiles in the global fatty alcohols market include:

  • Emery Oleochemicals (Malaysia)
  • Godrej Industries Limited (India)
  • Kao Corporation (Japan)
  • Kuala Lumpur Kepong Berhad (Malaysia)
  • Musim Mas Holdings (Singapore)
  • Procter & Gamble (US)
  • Royal Dutch Shell Plc. (Netherlands)
  • Sasol (South Africa)
  • VVF Ltd (India)
  • Wilmar International Ltd (Singapore)

 

Global fatty alcohols market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Nov 2013, Kao expanded its business in Philippines to enhance production capacity for fatty alcohols. The enhancement in production capacity at PKI was implemented to meet growing demand for fatty alcohols centering on the Asian region.

 

Key Findings of the Report:

 

  • Global fatty alcohols market expanding at significant CAGR over 2020 to 2026 owing to increasing use of fatty alcohols in manufacturing personal care products
  • Based on type, higher chain fatty alcohols segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global fatty alcohols market

 

Detailed Segmentation

 

By Type

  • Higher Chain Fatty Alcohols
  • Long Chain Fatty Alcohols
  • Pure & Midcut Fatty Alcohols
  • Short Chain

By Application

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

 

 

By Geography

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

     

    Key Features of the Report:

     

    • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
    • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
    • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
    • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
    • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
    • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


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