A research study titled, “Fatty Alcohols Market by Product and Application - Global Industry Analysis and Forecast to 2022” published by Crystal Market Research, states that the Fatty Alcohols Market is projected to be around $7.73 billion by 2022.
Major Eminent Players:
The major players in the Fatty Alcohols Market are Emery Oleochemicals, Ecogreen Oleochemical, Eastman Chemical Company, BASF and Croda International.
The Global Fatty Alcohols Market is segmented as follows:
By Product:
C6-C10 Fatty Alcohols
C15-C22 Fatty Alcohols
C11-C14 Fatty Alcohols
By Application:
Personal Care
Soaps & Detergents Amines
Amines
Lubricants
Other Applications
Industry Outlook and Trend Analysis:
The Global Fatty Alcohols Market was worth USD 4.45 billion in the year of 2012 and is expected to reach approximately USD 7.73 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.10% during the forecast period. Fatty alcohols are typically straight-chain, high-molecular-weight alcohols, yet can likewise range from as few as 4– 6 carbons to upwards of 22– 26, got from characteristic fats and oils. The exact chain length fluctuates with the source. Some industrially vital fatty alcohols are stearyl, oleyl , and lauryl alcohols. They are fluids that are oily and colorless or waxy solids, though unclean examples may seem yellow. Fatty alcohols more often than not have a considerably number of carbon iotas and a solitary liquor gathering (– OH) joined to the terminal carbon. Some are unsaturated and some are branched. They are broadly utilized as a part of industry. Similarly as with unsaturated fats, they are regularly alluded to blandly by the quantity of carbon particles in the atom, for example, "a C12 liquor", that is a liquor having 12 carbons, for instance dodecanol.
Rising requirement for ecological and tenable products with the aim of decreasing dependence on petrochemicals is foreseen to spur the development of this market. Volatile cost of petrochemical determined products due to supply-request imbalances raise concerns for the global chemical industry which has provoked this shift towards bio-based substitutes. Additionally, regulations from organizations, such as Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) in regards to the ecological risks related with petrochemical-based items are anticipated to support the pattern. Growing supply of tenable raw materials like oilseed is expected to affect the market in a positive manner. Moreover, global increment in the requirement for hygiene products combined with expanding buyer awareness is anticipated to drive individual care industry throughout the following years.
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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Fatty Alcohols Market, By Product
4.1.Introduction
4.2.Fatty Alcohols Market Assessment and Forecast, By Product, 2012-2022
4.3.C6-C10 Fatty Alcohols
4.4.C15-C22 Fatty Alcohols
4.5.C11-C14 Fatty Alcohols
5.Fatty Alcohols Market, By Application
5.1.Introduction
5.2.The Fatty Alcohols Market Assessment and Forecast, By Application, 2012-2022
5.3.Personal Care
5.4.Soaps & Detergents
5.5.Amines
5.6.Lubricants
5.7.Other Applications
To be continued...
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Regional Outlook and Trend Analysis:
In 2014 Asia Pacific fatty alcohols market was the leading regional market that registered for more than 30 percent of the total volume. Rising requirement of soaps and detergents owing to surging population and rise in disposable income in the region is expected to boost the demand in the area. Besides being the largest, Asia Pacific is foreseen to be the quickest developing regional market. European fatty alcohols market is relied upon to lose offer to high development locales, for example, Central and South America and Asia Pacific. The unverifiable financial circumstance in the locale combined with declining development in major downstream ventures is relied upon to have an antagonistic effect the market. North America fatty alcohols market is foreseen to encounter average development over the conjecture time frame inferable from expanding bio-based item demand in light of expanding consumer awareness alongside stringent directions is relied upon to fuel requirement in the locale.
Key findings of the Fatty Alcohols Market:
In 2014 C11-C14 fatty alcohols were the biggest item section with a share of more than 55 percent. C11-C14 fatty alcohols are essentially utilized as a part of the generation of sodium laureth ether sulfate (SLES), a key foaming agent significantly utilized as a part of body washes and cleanser details. Development of individual care industry is required to drive this item fragment throughout the following years.
C15-C22 fatty alcohols are anticipated to witness the most astounding development rate globally. Expanding infiltration of C15-C22 fatty alcohols in ointment bases and mixing and individual care items, for example, creams is relied upon to drive this fragment over the estimate time frame.
Asia Pacific was the biggest buyer and maker of fatty alcohols. In 2014 the locale represented 35 percent of worldwide requirement. Expanding downstream requirement combined with rising customer discretionary cash-flow is anticipated to cultivate the market development in this locale throughout the following couple of years. Asia Pacific is likewise anticipated that would witness the most noteworthy development in the following years. Accessibility of key raw materials in wealth especially in South East Asia is likewise anticipated that would affect the market development.
Features of the Fatty Alcohols Market Report:
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Fatty Alcohols Market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Global Fatty Alcohols Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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