Press release
Fatty Alcohol Market is Expected to Grow at a CAGR of 4.60% by 2030 | ChemAnalyst
Fatty alcohols are high molecular weight and long chain alcohols, consisting of a carbon chain with varying carbon atoms ranging from 3-27 and derived from fats and oils. They are saturated or unsaturated, branched or unbranched, colorless, oily liquids or waxy solid (depending upon the carbon chain length, branching and saturation). On the basis of the source from which Fatty Alcohols are being derived, their market is segmented into two types i.e., natural source and petrochemical source.
Read Full Report Here: https://www.chemanalyst.com/industry-report/fatty-alcohol-market-634
Fatty Alcohols owing to their amphipathic nature, act as non-ionic surfactants and hence, are mainly employed in the production of surfactants and detergents. Fatty alcohol has wide range applications in Personal Care & Cosmetics, Lubricants, Food, Household and Industrial Cleaning, Agriculture, Oil and Gas, Textile, Plasticizers, Automotive, and Pulp & Paper industries as solubilizing agent, co emulsifier, emollient, as well as thickener. Additionally, in pharmaceutical industry, alcohol surfactants are used as lipophilic solubilizer for lotions & ointments. Fatty Alcohol derived from natural sources such as palm oil, canola oil, soya oil or other vegetable oils is in demand prominently because of the changing consumer preferences as well as price stability and surplus availability of biobased feedstock. Based on the major applications of Fatty Alcohol, its market is segmented into Surfactants, Pharmaceuticals, Personal care & Cosmetics, Lubricants, Agrochemicals, Food and Others.
The unprecedented outbreak of COVID-19 in the first half of 2020, across the globe led to the imposition of nationwide lockdowns by the major economies. It resulted into the disruption in the functioning of several manufacturing plants as well as the interruption in the supply and demand chain which consequently impacted most of the industries. Fatty Alcohol market was also shaken in the first wave of COVID-19, because of the shortage in the raw material due to trade restrictions coupled with the slowdown in the manufacturing of end products derived from Fatty Alcohols. However, there was not much effect of pandemic on overall Fatty alcohol industry there was a surge in the demand of Fatty alcohol due to its prominent use as a surfactant and in detergents, liquid cleaners due to rising hygiene concerns amid pandemics. Additionally, there was the constant demand from Pharmaceutical and Agrochemical industry despite the pandemic.
Read Free Request Sample: https://www.chemanalyst.com/ChemAnalyst/RequestForm
Moreover, after the exemption of trade restriction and resumption in industrial operations in the second half of 2020, Fatty Alcohol market was recovered rapidly due to high demand from end use industries and is expected to swell the demand for Fatty Alcohol in the forthcoming years.
Region wise, Asia Pacific accounted for the maximum share of Fatty Alcohol market and is expected to propel at a significant pace through 2030 owing to urbanization, rapid industrialization, coupled with the presence of manufacturing hub of products that consumes Fatty Alcohols and a huge consumer base in the region. Moreover, the rising demand of oleo-based Fatty Alcohol in cosmetics and personal care sector is likely to enhance the demand of Fatty Alcohol in APAC. Additionally, Indonesia, China, Malaysia are the leading producers of Fatty Alcohol feedstock globally. In Asia Pacific, China, India, Bangladesh are the leading Textile manufacturers therefore, surging demand of Fatty Alcohol derivative Fatty Alcohol Ethoxylates from Textile industry as an emulsifying and wetting agent along with its use in dye leveling is likely to fuel the market in the forecast period.
North America market for Fatty Alcohol is projected to grow significantly in the upcoming years due to the surging demand for liquid detergents and soaps amid covid and the presence of petrochemical sources as raw materials (Shale Gas) in abundance and several end use industries.
Additionally, Fatty Alcohol market in Europe is also expected to show a promising growth owing to the large consumer base for cosmetics and personal care and increment in its consumption for biobased cosmetic and personal care industry.
According to ChemAnalyst report, “Fatty Alcohol Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, Major players for Fatty Alcohol globally include Wilmar International Ltd., Emery Oleochemicals, Godrej Industries Limited, Procter & Gamble, SASOL, Air Liquide, ASF SE, P&G Chemicals Ltd., Ecogreen Oleochemical, Croda International Plc., Eastman Chemical Company and Arkema SA.
Full Report Here: https://www.chemanalyst.com/industry-report/fatty-alcohol-market-634
“Fatty Alcohol finds applications in various end use industries and among all surfactants and detergents holds the major demand share of the Fatty Alcohol market globally and is anticipated to drive the market for Fatty Alcohol in the upcoming years. There are various Grades of Fatty Alcohols depending upon the length of carbon chain present such as Lauryl Alcohol, Cetostearyl Alcohol, Cetyl Alcohol and Stearyl Alcohol. These are extensively used in various end use industries like Lauryl Alcohol is used as a wetting agent (for reducing surface tension in liquids) or as an emulsifier (in Paints and Coatings) as well as in Personal care and Cosmetics. While Cetostearyl alcohol is used as an opacifying agent, surfactant, viscosity increasing agent, emulsion stabilizer in Pharmaceutical and Cosmetics industry (in moisturizers, lotions, and creams as a binding agent). Further Cetyl Alcohol is used as an ingredient in cosmetic, perfume, resins and lubricants as an emollient, thickener and emulsifier and Stearyl Alcohol is used prominently in skin care products due to its ability to soften and soothe the skin, as it acts as skin barrier that seals moisture in the skin. Hence, the growing demand of all these grades from several industries would offer lucrative growth opportunities in Global Fatty Alcohol market. Due to rising environmental concerns, leading Fatty Alcohol manufacturers are aiming to shift from petrochemical driven Fatty Alcohol to bio-based Fatty Alcohol to reduce carbon footprint would extend potential prospects for the expansion of Fatty Alcohol market size in the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
Browse Related Reports
Helium Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030
https://www.chemanalyst.com/industry-report/helium-gas-market-578
Oleochemicals Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030
https://www.chemanalyst.com/industry-report/oleochemicals-market-547
About Us
ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more.
Contact Us:
Nilesh Vishwakarma
B-44 Sector-57 Noida,
National Capital Region
Tel: 0120-4523948
Mob: +91-8882336899
Email: info@chemanalyst.com
Website: https://www.chemanalyst.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fatty Alcohol Market is Expected to Grow at a CAGR of 4.60% by 2030 | ChemAnalyst here
News-ID: 2396541 • Views: …
More Releases for Alcohol
Impact of COVID-19 on Alcohol Disinfectants Market by Products (Propyl Alcohol, …
The global Alcohol Disinfectants market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Alcohol Disinfectants market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. 3M Company, BODE Chemie Gmbh,…
PRESS- Premium Alcohol Seltzer
MEDIA RELEASE CONTACT: FRANK SINGLETON
frank@franksingletoncommunications.com
678.316.4237
PRESS launches premium alcohol seltzer in key US markets
Regional distribution includes Chicago, Boston, Atlanta, New York, Salt Lake
Milwaukee, WI—Major metropolitan locations across the country are part of a multi- region, multi-city national launch of new light-alcohol beverage brand PRESS, a fruit and spice infused alcohol seltzer being distributed in cities known as trend-forward cuisine and beverage marketplaces. Locations were selected based on market demographics including active…
Alcohol Testing Market - Increase In Alcohol Consumption Worldwide
The global market for alcohol testing has expanded at a healthy clip and going forward is predicted to hold onto the momentum. This is because, alcohol testers that are used to find out if someone is under the effect of alcohol by scrutinizing samples of urine, hair, saliva, blood, breath, or sweat, will see widespread use on account of growing alcohol consumption worldwide.
Get a Custom Report @ https://www.transparencymarketresearch.com/alcohol-testing-market.html
The different types…
Global Alcohol Ingredients Market
The Global Alcohol Ingredients Market was worth USD 1.38 billion in 2016 and expected to be growing at a CAGR of 9.9%, to reach USD 2.21 billion by 2021. Alcoholic beverages are produced by the fermentation of fruit, vegetables or cereals. Alcohol ingredients are specialty ingredients used in a variety of food & beverage applications, especially in the production of alcoholic beverages.
Alcohol ingredients such as yeast, flavours & salts, enzymes,…
Alcohol-Based Disinfectants (Methyl Alcohol, Ethyl Alcohol, Isopropyl Alcohol an …
The report “Alcohol-Based Disinfectants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” provides valuable predictions for the alcohol-based disinfectants market. According to the report, the market will expand at a 9.0% CAGR during 2014 to 2020.The global alcohol-based disinfectants market was worth US$1.19 billion in 2013 and is estimated to reach a total value of US$2.18 billion by end of 2020. In terms of…
India Alcohol Market to Produce 14 Bn Ltrs. of Alcohol by 2026-end
The number of alcohol consumers in India continues to rise on the account of rising urban population. Consuming alcoholic beverages has become a customary tradition for a majority of people residing in India’s urban cities. Changing lifestyles and increasing incomes are compelling them to consume alcohol on a frequent basis. Future Market Insights recently published its study on India’s alcohol market, which estimated that more than INR 2.5 trillion worth…
