Fatty Alcohol Market | Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2019-2023

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Fatty Alcohol Market Research Report - Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Fatty Alcohol Market Research Report- Forecast to
2023
Fatty Alcohol Market - Overview
The Global Fatty Alcohol Market is estimated to
be valued at USD 10,078.8 million by 2023 and is
expected to register a CAGR of 6.67 during the
forecast period. The global demand for fatty
alcohols is driven by increasing use in numerous
applications including detergents, household and
industrial cleaners, laundry softeners, textile
coatings, mineral processing, and agricultural
chemicals. The growing cosmetics and personal
care industry is likely to fuel the global market
growth at a significant rate. Based on type, the
pure midcut segment dominated the Global Fatty
Alcohol Market in 2017 owing to the increasing
use in numerous applications mainly as an
emollient in detergents including light- and
heavy-duty detergents, laundry pre-softeners,
hard surface cleaners, and industrial
cleaners. Asia-Pacific dominated the global
market, accounting for the largest share of the
market in 2017, and the regional market
is expected to register a CAGR of 7.29 during
the review period.
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Fatty Alcohol Market Research Report- Forecast to
2023
Segmental Analysis
The Global Fatty Alcohol Market has also been
segmented by Type, Application and Region. By
Type, the Global Fatty Alcohol Market has been
classified as pure and midcut, long chain, short
chain, and higher chain. The pure midcut
segment accounted for the majority market share
in 2017, whereas the long chain segment is
expected to be the fastest growing during the
forecast period. Based on Application, the
Global Fatty Alcohol Market has been segmented
into detergents and cleaners, cosmetic and
personal care, lubricants, plasticizer,
pharmaceuticals, food nutrition, and others.
The detergents and cleaners segment dominated the
market in 2017 however, the cosmetics and
personal care segment is projected to register
the higher growth rate during the review
period. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/fatty
-alcohol-market-7722
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Fatty Alcohol Market Research Report- Forecast to
2023
Regional Outlook
The demand for Fatty Alcohols is driven by
increasing use in numerous applications including
detergents, household and industrial cleaners,
laundry softeners, textile coatings, mineral
processing, and agricultural chemicals. The
growth of the Global Fatty Alcohols Market is
driven by growing cosmetics and personal care
industry with a surge in demand for premium skin
and hair care products, child beauty care
products, and color cosmetics. Asia-Pacific is
expected to be the largest market for Fatty
Alcohols and is projected to register the highest
CAGR of 7.29 during the forecast period. China
is expected to be one of the leading markets in
the region, accounting for the largest share
during the review period. However, the Indian
market is expected to exhibit the highest growth
rate of 8.18 during the forecast period. The
demand for fatty alcohols in Asia-Pacific is
mainly driven by increased spending on skin care
products and color cosmetics. For instance, from
2012 to 2017, the mass skin care products market
registered a CAGR of over 6, and the face masks
market exhibited a CAGR of over 13 in
Asia-Pacific. Additionally, with the growing
awareness among consumers about the benefits of
liquid detergents as compared to detergent bars
and powder detergents, the consumption of liquid
detergents is increasing at a rapid pace in the
rural areas of Asia-Pacific. This is expected to
create significant opportunities for the players
operating in the Global Fatty Alcohol
Market. Europe held a Prominent Share of the
Global Fatty Alcohol Market in 2017 and is
expected to exhibit 6.07 CAGR to reach USD
2,035.2 by the end of 2023. Germany, Russia, and
France are the major contributors to the growth
of the European Fatty Alcohol Market. Increasing
regulations on the use of chemicals in detergents
are driving the demand for natural fatty alcohol.
For instance, the International Association for
Soaps, Detergents, and Maintenance Products
established by the European Commission has set
limitations regarding the extent to which
phosphates and other phosphorus compounds can be
used in laundry detergents and automatic
dishwasher detergents.
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Fatty Alcohol Market Research Report- Forecast to
2023
Major Players in this Research

• Fatty Alcohol Market Prominent Players
• Univar Inc (US)
• KLK Oleo (Malaysia)
• VVF LLC (India)
• P G Chemicals (US)
• Ecogreen Oleochemicals (Singapore)
• Sasol Limited (South Africa)
• Royal Dutch Shell Plc (The Netherlands)
• Emery Oleochemicals (Malaysia)
• BASF SE (Germany)
• Berg Schmidt GmbH Co. KG (Germany)
• Wilmar International Ltd (Singapore)
• Godrej Industries Ltd (India) and Arkema SA
  (France)

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