Fatty Alcohols Market Size And Regional Forecast To 2027

Precision Business Insights published a research report on “Global Fatty Alcohols Market: By Type (Higher Chain Fatty Alcohols, Long Chain Fatty Alcohols, Pure & Midcut Fatty Alcohols and Short Chain), By Application (Food & Nutrition, Industrial & Domestic Cleaning, Lubricants, Personal Care, Pharmaceutical Formulations, Plasticizers and Others) and Geography- Global/Region/Country Forecast to 2027”. The global market anticipated to be valued at US$ XX Mn in the year 2020 and expected to value at considerable CAGR rate during the forecast duration 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on " Global Fatty Alcohols Market: By Type (Higher Chain Fatty Alcohols, Long Chain Fatty Alcohols, Pure & Midcut Fatty Alcohols and Short Chain), By Application (Food & Nutrition, Industrial & Domestic Cleaning, Lubricants, Personal Care, Pharmaceutical Formulations, Plasticizers and Others) and Geography- Global/Region/Country Forecast to 2027".

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Growing Usage of Fatty Alcohols in Personal Care Products is driving the Market Growth
Fatty alcohols are one of the most frequently used elements in several personal care formulations. These alcohols are employed in numerous products including lipstick, shampoo, shower gel, antiperspirant and conditioner. A group of elements is called as fatty alcohols which are least bit damaging for skin. These naturally derived alcohols, which are produced by transesterifying vegetable or animal derived triglycerides making use of methanol followed by hydrogenating the ensuing esters to the alcohol. These alcohols work as thickeners and emollients in a number of skin care products. These alcohols are not much irritating and they can be advantageous for dry skin.

One of the market fuelling factors is increase in usage of fatty alcohols in personal care products. There are a few more key factors, which are contributed to drive the Global Fatty Alcohols market growth such as growing per capita disposable income of people, increasing customer preference for natural products along with approving government initiative, growing use in several applications as non-ionic surfactants, growing cosmetics and personal care industries in several developing countries and huge usage of alcohols in manufacturing personal care products. On the other hand, volatility in raw material costs is one of the major factors restraining the growth of market.

Asia Pacific Witnesses Larger Revenue Share in the Global Fatty Alcohols Market
Asia Pacific witnessed for larger revenue share in the market with significant CAGR rate. This region is experiencing growth and mainly driven by the factors such as growing population and urbanization and increasing demand for fatty alcohol-based surfactants from different industries. In addition, one of the major market growth contributing factors in this region is emerging economy china. Furthermore, North America also experiences substantial growth during evaluated time span due to the strict government rule in the region.

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The Global Fatty Alcohols Market - Competition Assessment
There are several key players operating in the global fatty alcohols market, which include Emery Oleochemicals (Malaysia), Godrej Industries Limited (India), Kao Corporation (Japan), Kuala Lumpur Kepong Berhad (Malaysia), Musim Mas Holdings (Singapore), Procter & Gamble (US), Royal Dutch Shell Plc. (Netherlands), Sasol (South Africa), VVF Ltd (India) and Wilmar International Ltd (Singapore). Global fatty alcohols market is surging due to frequent launches and acquisitions by the key players. For example, Kao expanded its business in Nov 2013 in Philippines to augment the fatty alcohols production capacity.

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