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Fatty Alcohols Market by Type, Application And Region - Global Forecast to 2022

Fatty Alcohols Market: Global Forecast until 2022

  • September 2017
  • 142 pages
  • ID: 5117894
In this report:
Moreover, the improved economic growth, the rise in the disposable income of the middle class population and the increasing urbanization and industrialization is increasing the demand for industrial & domestic cleaning application that accounted for ##.##% of the global fatty alcohols consumption, in terms of value, in 2016.
According to the projections by the International Monetary Fund (IMF) in October 2014, the economic growth of China was expected to grow by ##.##%, in 2014 and decline further to ##.##% in 2015.

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Rise in penetration of surfactant-based sectors and easy availability of feedstock for fatty alcohols is driving the overall fatty alcohols market

The overall fatty alcohols market is projected at ~$4.7B in 2017 and is projected to extend ~$6.0B by 2022, at a compound annual growth rate of 5.00 percent between 2017 and 2022. The industry is attesting increase due to the growing consumption of fatty alcohols in surfactant-based industries including personal care & cosmetics and soaps & detergents, as well as the flexibility in feedstock accessibility and extensive use of fatty alcohols in emerging clusters of Asia Pacific. Rising consumer preference for bio-based and renewable resources-based products is also forecasted to offer lucrative opportunities for the increase ot the fatty alcohols market. Surplus production of fatty alcohols leading to a scenario of saturation and supply glut is a main factor restraining the increase of the market. The instability in the raw material prices is challenging the rise of the overall fatty alcohols market.

Pure & midcut fatty alcohols: The quickest-rising segment of the fatty alcohols market, by category

Pure & midcut fatty alcohols is intended to be the quickest-increasing type segment during the outlook period (2017-2022). The quick increase of the pure & midcut fatty alcohols segment is attributed to their extensive usage in manufacturing Linear Alkylbenzene Sulfonate, Sodium Laureth Sulfate, and Sodium Lauryl Ether Sulfate, which are the top ingredients in many personal care products including shampoos, creams, lotions, and dishwashing liquids. Therefore, the increasing consumption of fatty alcohols in manufacturing the aforementioned products to serve the beauty & personal care sector drives the market of pure & midcut fatty alcohols market globally.

Personal Care: The quickest-rising segment of the fatty alcohols market, by application

Personal care is forecasted to be the quickest-increasing application segment of the fatty alcohols market during the estimate period. Fatty alcohols are used to fabricate surfactants which have effective cleaning and emulsifying properties. They are used in skin and hair care products. There has been a rise in the consumer demand for environment and skin friendly products which are affordable, have superior quality, and enhance the global physical appearance. Such factors are anticipated to lead to the high increase rate of the personal care application global.

APAC: The quickest increasing market for fatty alcohols, by area

The Asia Pacific area is forecasted to be the quickest developing market for fatty alcohols during the outlook period. The increase of the fatty alcohols market in Asia-Pac is due to the presence of wide-scale industrial manufacturing base of fatty alcohols in the area. Southeast Asian countries offer optimum climatic conditions for palm plantation which gives palm oil, the primary feedstock for fatty alcohols. The growing market uptake opportunities, abundant availability of raw materials, and less stringent environmental laws and regulations as distinguished to the Western countries drive the sector for fatty alcohols in the territory.

This analysis has been approved through primaries managed with different market experts globally. Those primary sources have been sliced into three class, that is, by organization, by description, and by area.

• By Company category: Tier 1 - 45.0 percent, Tier 2 - 22.0 percent, and Tier 3 - 33.0 percent

• By Description: C-suite - 50.0 percent, D-level - 10.0 percent, and Others - 40.0 percent

• By Area: Europe (EU) - 33.0 percent, North America continent - 17.0 percent, Asia Pacific (APAC) - 17.0 percent, Middle East (ME) & African continent - 25.0 percent, and South America region - 8.0 percent

The market research also offers company analysis and competitive landscape approved by main market actors, including Wilmar International Ltd, Kuala Lumpur Kepong Berhad, Musim Mas Holdings, Godrej Industries Limited, Procter & Gamble, VVF Ltd, Sasol, Kao Corporation, Emery Oleochemicals, Royal Dutch Shell Plc., etc.

Segment Research

The industry report includes the fatty alcohols market and their use across various industry verticals and territories. It aims at evaluating the market value and upcoming growth potential of this market across several segments, by category and application. The study also comprises an detailed competitive review of the top market actors together with their company descriptions; dynamic differentiators, innovators, visionary leaders and emerging study; latest developments; and main increase strategies.

Why acquiring this study can help you:

From an insight prospect, this market research highlights on different levels of analyses - industry study, company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the fatty alcohols market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on fatty alcohols provided by the top actors in the overall fatty alcohols market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and recent product launches in the overall fatty alcohols market

• Market Development: Highlighted information about profitable emerging sectors - the market research examines the industries for fatty alcohols across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall fatty alcohols market

• opposing assessment: Detailed assessment of strategies, products, and manufacturing competences of the key players in the overall fatty alcohols market

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