Global Fatty Alcohols Market Forecast to 2027
The global fatty alcohol market is forecast to reach USD 7.15 Billion by 2027, according to a new report by Reports and Data. Fatty alcohols can be defined as, usually, straight-chain, high-molecular-weight, primary alcohols. However, these alcohols can range from as less as 4–6 carbons to as many as 22–26 carbons, which are usually derived from natural oils and fats. There are various advantages associated with these alcohols, which are contributing to the growth of the market. In this regard, one of its mentionable feature is unusual surface-active properties, due to which, this product witnessed sizable consumption along with extensive commercial use in synthetic detergents. Two of the commercially used methods for reduction associated with manufacturing these alcohols are hydrogenolysis of either fatty acids or fats and sodium reaction. These two processes of reduction provide different products, which is dependent on the starting raw materials.
In regards to region, North America can be noticed to occupy a prominent market position. The market position held by the region is resultant to elevating awareness among consumers and associated rising demand for bio-based products.
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Top Players Analyzed in the Report are:
AkzoNobel, BASF, Cargill, Emery Oleochemicals, Solazyme, Wilmar International, Archer Daniels, Midland, Evonik Industries, China Sanjiang Fine Chemicals, and Kao Chemicals.
For the purpose of this report, Reports and Data have segmented the global fatty alcohols market according to Product, Raw Material Sources, Application, and Region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- C15-C22 Fatty Alcohols
- C11-C14 Fatty Alcohols
- C6-C10 Fatty Alcohols
Raw Material Sources Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Natural Sources
- Petrochemical Sources
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Personal care
- Soaps detergents
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The report presents a panoramic view of the competitive landscape of the Fatty Alcohols market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry. The report also focuses on strategic alliances in the Fatty Alcohols market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.
For a comprehensive value chain analysis, the report covers the downstream and upstream essentials of the Fatty Alcohols market. It also pays special focus on the growth process, macro- and micro-economic factors, raw material sources analysis, and other technical data. The report further segments the market on the basis of types, applications, and regions and offers insights into the segments that have the highest penetration and profit margin, along with recent developments based on geographies.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Benefits of Global Fatty Alcohols Market Report:
- Comprehensive analysis of the changing market dynamics
- A futuristic outlook on different factors influencing the market
- An 8-year forecast of the market growth and expected revenue growth
- Ease of understanding of the market, key segments, and their future growth
- In-depth analysis of the competitive landscape to give an advantageous edge for the companies
- Extensive insight into the market with in-depth analysis of the segmentation
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