Home Business Fatty Alcohol Industry | 2022 to 2030 – Production, Revenue, Average Product...

Fatty Alcohol Industry | 2022 to 2030 – Production, Revenue, Average Product Price and Market Shares of Key Players

48
0

 Key Players

Leading players profiled in the fatty alcohol market report include Arkema SA (France), Godrej Industries Ltd (India), Wilmar International Ltd (Singapore), Berg+ Schmidt GmbH & Co. KG (Germany), BASF SE (Germany), Emery Oleochemicals (Malaysia), Royal Dutch Shell Plc (The Netherlands), Sasol Limited (South Africa), Kao Corporation (Japan), Ecogreen Oleochemicals (Singapore), P & G Chemicals (US), VVF LLC (India), KLK Oleo (Malaysia), and Univar Inc (US). Key players have incorporated several strategies to strengthen their position in the fatty alcohol market such as mergers and acquisitions, partnerships, product launches, collaborations, research and development, and more. 

Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7722

Market Segmentation 

The MRFR report provides a complete segmental analysis of the Fatty Alcohol Market report on the basis of application and type. 

Based on type, the Fatty Alcohol Market is segmented into higher chain, short-chain, long-chain, and pure and mid-cut. Of these, the pure and mid-cut segment will have the largest share in the market over the forecast period. It is predicted to touch USD 4510.3 million at a 6.58% CAGR by 2023. 

Based on application, the fatty alcohol market is segmented into food and nutrition, pharmaceuticals, plasticizer, lubricants, cosmetic and personal care, detergents and cleaners, and others. Of these, the detergents and cleaners’ segment will dominate the market over the forecast period. It is predicted to touch USD 3152.3 million at a 6.13% CAGR. 

Market Analysis 

The global fatty alcohol market is predicted to touch USD 10, 078.8 million at a 6.67% CAGR over the forecast period (2016-2023), as per the latest Market Research Future (MRFR) report. Fatty alcohols are straight-chain, high-molecular-weight primary alcohols. It is a cost-effective substitute for petrochemicals as it is biodegradable. Cetyl alcohol, behenyl alcohol, lauryl alcohol, stearyl alcohol, and myristal alcohol are some of its common categories. Fatty alcohols are widely used in the production of detergents in the form of nonionic surfactants owing to their amphipathic nature. Besides, it also finds wide application in personal care products and cosmetics, pharmaceuticals, plasticizers, lubricants, and food. 

Various factors are propelling the fatty alcohol market growth. These factors, in accordance with the MRFR report, include growing demand for sustainable and biodegradable products, growing concerns about the impact of petrochemicals on the environment, growing demand for hygiene products, and changing lifestyles. Additional factors pushing market growth include increased spending on personal care products and cosmetics, increasing use of liquid detergents, and increasing use in lubricants, flavors and fragrance, and manufacturing plasticizers. 

On the contrary, volatility in the cost of raw materials and glut of fatty alcohols are factors that may impede the fatty alcohol market growth over the forecast period. 

Speak To Analyst @ https://www.marketresearchfuture.com/ask_for_schedule_call/7722

Regional Analysis

By region, the fatty alcohol market report covers the latest trends and growth opportunities across the Asia Pacific, North America, Europe, and the Middle East and Africa. Of these, the APAC region will remain the frontrunner in the market over the forecast period. It is predicted to grow at a 7.29% CAGR. China is a key contributor in this region. 

The fatty alcohol market in North America is predicted to have favorable growth over the forecast period. It is predicted to touch USD 1,807.7 million by 2023. This is owing to the presence of several established end use industries. The US is the key contributor in this region. 

The fatty alcohol market in Europe is predicted to have a healthy growth over the forecast period owing to increasing environmental regulations to use detergents containing chemicals. Germany and Russia are the key contributors in this region. The fatty alcohol market in Europe is estimated to touch USD 2035.2 million by the end of 2023. 

The fatty alcohol market in the Middle East and Africa is predicted to have a steady growth over the forecast period. It is expected to touch USD 922.8 million at a 6.93% CAGR by 2023. This is owing to increased expenditure in non-invasive beauty procedures and natural skincare treatments, and the increasing influence of beauty bloggers. 

Request for Customization @ https://www.marketresearchfuture.com/ask_for_customize/7722

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Contact

Wantstats Research and Media Private Limited

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Email:sales@marketresearchfuture.com

Browse More Trending Market Reports : 

Textile Fabrics Market: Information By Fabric Type, By Application and Region – Forecast till 2030

Tire Cord Fabrics Market: Research Report Information by By Material, By Tire Type, By Vehicle Type, By Application Forecast till 2030

Trivalent Chromium Finishing Market: Research Report by Type, by Application, and Region – Global Forecast till 2030

Alpha-Methylstyrene Market: Information by Purity, Application, and Region – Forecast till 2030