Fatty Alcohol Market Anticipated to Show Positive Growth Through 2024-2031 | Croda International plc, SASOL, Air Liquide.

The Global Fatty Alcohol Market reached USD 5.0 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 7.5 billion by 2030. The market is growing at a CAGR of 5.1% during the forecast period (2024-2031).

The Fatty Alcohol market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Fatty Alcohol Market is driven by the increasing demand for surfactants, personal care products, and industrial applications. Fatty alcohols, derived from natural fats and oils, are essential in producing soaps, detergents, emulsifiers, cosmetics, and lubricants due to their biodegradable and mild properties. Market growth is fueled by the rising demand for sustainable personal care products, green chemistry, and eco-friendly surfactants. Additionally, the increasing use of fatty alcohols in plastics, textiles, and pharmaceutical formulations further contributes to market expansion. The shift towards bio-based fatty alcohols is also driving growth as consumers and industries prioritize sustainability.

Forecast Growth Projected:

The Global Fatty Alcohol Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Fatty Alcohol Market:

Croda International plc, SASOL, Air Liquide, Emergy Oleochemicals, Arkema SA, Wilmar International Ltd., Kao Corporation, Kuala Lumpur Kepong Berhad, Procter & Gamble and Jarchem Industries Inc.

Industry Development:

On March 30, 2023, a research team led by Prof. ZHOU Yongjin from the Dalian Institute of Chemical Physics (DICP), part of the Chinese Academy of Sciences (CAS), successfully modified the yeast Ogataea polymorpha to efficiently generate fatty alcohols from primary methanol through the coupling of peroxisomal metabolism.

On June 16, 2022, Unilever announced a USD 120 million (£99 million) biotech project aimed at developing a palm oil replacement. Within the next five years, the company plans to introduce a new fatty alcohol derived from fermented sugar as an alternative, plant-based ingredient for use in cosmetics and cleaning products.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Fatty Alcohol Market:

By Type: Cetyl Alcohol, Lauryl Alcohol, Stearyl Alcohol, Others.

By Source: Natural Sources Petrochemicals.

By Application: Surfactants, Industrial & Domestic Cleaning, Personal Care & Cosmetics, Lubricants, Pharmaceutical Formulation, Others.

By End-User: Personal Care & Cosmetics, Pharmaceutical, Food Industry, Others.

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Fatty Alcohol Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

âž¡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

âž¡ Top-down and bottom-up approach for regional analysis

âž¡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

âž¡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

âž  What is the global sales value, production value, consumption value, import and export of Fatty Alcohol market?

âž  Who are the global key manufacturers of the Fatty Alcohol Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

âž  What are the Fatty Alcohol market opportunities and threats faced by the vendors in the global Fatty Alcohol Industry?

âž  Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

âž  What focused approach and constraints are holding the Fatty Alcohol market?

âž  What are the different sales, marketing, and distribution channels in the global industry?

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