Fatty alcohols are aliphatic alcohols which are mostly linear and monohydric. These can be either saturated or have one or more double bonds. Depending on the raw material usage, fatty alcohols are classified as synthetic or natural. Synthetic fatty alcohols are produced from petrochemicals such as olefins and paraffin, while natural fatty alcohols are derived from renewable resources such as fats, oils and waxes of plant or animal origin. Depending on the carbon chain length, fatty alcohols can be broadly classified into C6-C10, C11-C14, C15-C22 and other fatty alcohols. The main application areas for fatty alcohols are detergents and soaps, personal care and others. Increasing concerns regarding the effect of petrochemicals use on the environment have driven the use of bio-based, sustainable chemicals. The industry has started adopting biodegradable products and base chemicals through bio-based raw materials for the reduction of its reliance on petrochemicals and to decrease carbon footprint. Regulations regarding the environmental hazards associated with petrochemical-based products are expected to drive the market adoption. Also, increasing demand for personal care products and detergents & soaps in developing regions is estimated to drive the adoption of fatty alcohols during the forecast period.
This report identifies the global
fatty alcohol market size in for the year 2014-2016 and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects with respect to global fatty alcohol market.
Geographically, an increasing consumption of soaps, detergents and personal care product is driving the market for fatty alcohols. Rising demand in developing countries of Asia Pacific is estimated to drive the growth in this region. Asia-Pacific is estimated to witness the highest growth during the forecast period in the fatty alcohols market.
This report segments fatty alcohol market on the basis of product, application and regional market as follows:
- Fatty Alcohol Market, by Type: C6-C10, C11-C14, C15-C22
- Fatty Alcohol Market, by Industry: Soaps & Detergents, Personal Care, Lubricants, Amines
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets in each of the region.
Sample Companies Profiled in this Report are:
- BASF SE
- Croda International
- Eastman Chemical Company
- Ecogreen Oleochemical
- Emery Oleochemicals