Analyst Perspective
The global fatty alcohol market is estimated to register a CAGR of 5.3% from 2022 to 2030. Fatty alcohol is mainly used to produce detergents and surfactants. Consumers are more aware of using eco-friendly items because of growing environmental concerns. In comparison to petrochemicals, fatty alcohols are preferred for the production of cosmetics and personal care goods. The demand for personal care products is rising, which is a crucial factor for the growth of the fatty alcohol market; as a result, the demand for fatty alcohol is expected to grow in the forecast period.
Market Overview
Fatty alcohols are high-molecular-weight, straight-chain primary alcohols, ranging from 4-6 carbons to as many as 22-26, generally derived from natural fats and oils, undergoing processes like hydrogenation. Fatty alcohol is widely used in cosmetics, pharmaceuticals, and detergents. Fatty alcohol helps reduce skin irritation and respiratory problem, which is why pharmaceuticals and cosmetics uses fatty alcohol. The increase in the need for bio-based fatty alcohol can be a significant growth opportunity in the market.
Market Drivers
Growing Demand for Personal Care and Cosmetics
The key market drivers for fatty alcohol are the growing demand for personal care and cosmetics used in products like creams, lotions, and shampoos. As demand for skincare and haircare items grows, there's an increase in the need for fatty alcohol ingredients in product formulation.
Furthermore, the expansion of the global population, urbanization, and rising disposable income contribute to the consumption of products containing fatty alcohol. Industries like pharmaceuticals, detergents, and chemicals also contribute to growing the fatty alcohol market.
Market Segmentation
The global fatty alcohols market is segmented based on type and applications. On the basis of type, the market is segmented into short-chain, pure and mid-cut fatty alcohols, long-chain fatty alcohols, and others. Based on its application, the market is segmented into detergents, personal care & cosmetics, pharmaceuticals, food & beverages, plasticizers, and others.
Regional Analysis
The report provides a detailed industry overview, including qualitative and quantitative information. It provides an overview and forecast of the global fatty alcohol market based on several segments. It also provides market size and forecast estimates from 2020 to 2030 concerning five major regions: North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The fatty alcohol market by region is also sub-segmented by respective countries and segments. The fatty alcohol market report covers an analysis and forecast of 18 countries globally and the current trends and opportunities prevailing in the region.
The report analyses factors affecting the fatty alcohol market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting the fatty alcohol market in these regions.
Key Players
The reports cover vital organic and inorganic growth strategy developments in the fatty alcohol market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities witnessed in the market were acquisitions, partnerships & collaborations. These activities have made the way for the expansion of business and customer base of market players. The key market players in the fatty alcohol market are anticipated to have lucrative growth opportunities with increased demand for global personal care and cosmetics products.
The report includes key company profiles, SWOT analysis, and fatty alcohol market strategies. The report also focuses on leading market players with information including company profiles, components, and services offered, financial information for the last three years, and critical development in the past five years.
Below is a list of companies engaged in the fatty alcohol market
- Wilmar International
- Kao Corporation
- Sasol
- Proctor and Gamble Chemicals
- Monson Companies Inc.
- SABIC
- Ecogreen Oleochemicals
- Global Green Chemicals company
- Musim Mas Holdings
- Univar Solution
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Fatty Alcohols Market - By Type
1.3.2 Fatty Alcohols Market - By Application
1.3.3 Fatty Alcohols Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FATTY ALCOHOLS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FATTY ALCOHOLS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FATTY ALCOHOLS MARKET - GLOBAL MARKET ANALYSIS
6.1. FATTY ALCOHOLS - GLOBAL MARKET OVERVIEW
6.2. FATTY ALCOHOLS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FATTY ALCOHOLS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SHORT CHAIN
7.3.1. Overview
7.3.2. Short Chain Market Forecast and Analysis
7.4. PURE AND MIDCUT FATTY ALCOHOLS
7.4.1. Overview
7.4.2. Pure and Midcut Fatty Alcohols Market Forecast and Analysis
7.5. LONG CHAIN FATTY ALCOHOLS
7.5.1. Overview
7.5.2. Long Chain Fatty Alcohols Market Forecast and Analysis
7.6. HIGHER CHAIN FATTY ALCOHOLS
7.6.1. Overview
7.6.2. Higher Chain Fatty Alcohols Market Forecast and Analysis
8. FATTY ALCOHOLS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. INDUSTRIAL AND DOMESTIC CLEANING
8.3.1. Overview
8.3.2. Industrial and Domestic Cleaning Market Forecast and Analysis
8.4. PERSONAL CARE
8.4.1. Overview
8.4.2. Personal Care Market Forecast and Analysis
8.5. LUBRICANTS
8.5.1. Overview
8.5.2. Lubricants Market Forecast and Analysis
8.6. PLASTICIZERS
8.6.1. Overview
8.6.2. Plasticizers Market Forecast and Analysis
8.7. PHARMACEUTICAL FORMULATIONS
8.7.1. Overview
8.7.2. Pharmaceutical Formulations Market Forecast and Analysis
8.8. FOOD AND NUTRITION
8.8.1. Overview
8.8.2. Food and Nutrition Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. FATTY ALCOHOLS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Fatty Alcohols Market Overview
9.1.2 North America Fatty Alcohols Market Forecasts and Analysis
9.1.3 North America Fatty Alcohols Market Forecasts and Analysis - By Type
9.1.4 North America Fatty Alcohols Market Forecasts and Analysis - By Application
9.1.5 North America Fatty Alcohols Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Fatty Alcohols Market
9.1.5.1.1 Canada Fatty Alcohols Market by Type
9.1.5.1.2 Canada Fatty Alcohols Market by Application
9.1.5.2 Mexico Fatty Alcohols Market
9.1.5.2.1 Mexico Fatty Alcohols Market by Type
9.1.5.2.2 Mexico Fatty Alcohols Market by Application
9.1.5.3 US Fatty Alcohols Market
9.1.5.3.1 US Fatty Alcohols Market by Type
9.1.5.3.2 US Fatty Alcohols Market by Application
9.2. EUROPE
9.2.1 Europe Fatty Alcohols Market Overview
9.2.2 Europe Fatty Alcohols Market Forecasts and Analysis
9.2.3 Europe Fatty Alcohols Market Forecasts and Analysis - By Type
9.2.4 Europe Fatty Alcohols Market Forecasts and Analysis - By Application
9.2.5 Europe Fatty Alcohols Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Fatty Alcohols Market
9.2.5.1.1 Germany Fatty Alcohols Market by Type
9.2.5.1.2 Germany Fatty Alcohols Market by Application
9.2.5.2 France Fatty Alcohols Market
9.2.5.2.1 France Fatty Alcohols Market by Type
9.2.5.2.2 France Fatty Alcohols Market by Application
9.2.5.3 Italy Fatty Alcohols Market
9.2.5.3.1 Italy Fatty Alcohols Market by Type
9.2.5.3.2 Italy Fatty Alcohols Market by Application
9.2.5.4 United Kingdom Fatty Alcohols Market
9.2.5.4.1 United Kingdom Fatty Alcohols Market by Type
9.2.5.4.2 United Kingdom Fatty Alcohols Market by Application
9.2.5.5 Russia Fatty Alcohols Market
9.2.5.5.1 Russia Fatty Alcohols Market by Type
9.2.5.5.2 Russia Fatty Alcohols Market by Application
9.2.5.6 Rest of Europe Fatty Alcohols Market
9.2.5.6.1 Rest of Europe Fatty Alcohols Market by Type
9.2.5.6.2 Rest of Europe Fatty Alcohols Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Fatty Alcohols Market Overview
9.3.2 Asia-Pacific Fatty Alcohols Market Forecasts and Analysis
9.3.3 Asia-Pacific Fatty Alcohols Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Fatty Alcohols Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Fatty Alcohols Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Fatty Alcohols Market
9.3.5.1.1 Australia Fatty Alcohols Market by Type
9.3.5.1.2 Australia Fatty Alcohols Market by Application
9.3.5.2 China Fatty Alcohols Market
9.3.5.2.1 China Fatty Alcohols Market by Type
9.3.5.2.2 China Fatty Alcohols Market by Application
9.3.5.3 India Fatty Alcohols Market
9.3.5.3.1 India Fatty Alcohols Market by Type
9.3.5.3.2 India Fatty Alcohols Market by Application
9.3.5.4 Japan Fatty Alcohols Market
9.3.5.4.1 Japan Fatty Alcohols Market by Type
9.3.5.4.2 Japan Fatty Alcohols Market by Application
9.3.5.5 South Korea Fatty Alcohols Market
9.3.5.5.1 South Korea Fatty Alcohols Market by Type
9.3.5.5.2 South Korea Fatty Alcohols Market by Application
9.3.5.6 Rest of Asia-Pacific Fatty Alcohols Market
9.3.5.6.1 Rest of Asia-Pacific Fatty Alcohols Market by Type
9.3.5.6.2 Rest of Asia-Pacific Fatty Alcohols Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Fatty Alcohols Market Overview
9.4.2 Middle East and Africa Fatty Alcohols Market Forecasts and Analysis
9.4.3 Middle East and Africa Fatty Alcohols Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Fatty Alcohols Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Fatty Alcohols Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Fatty Alcohols Market
9.4.5.1.1 South Africa Fatty Alcohols Market by Type
9.4.5.1.2 South Africa Fatty Alcohols Market by Application
9.4.5.2 Saudi Arabia Fatty Alcohols Market
9.4.5.2.1 Saudi Arabia Fatty Alcohols Market by Type
9.4.5.2.2 Saudi Arabia Fatty Alcohols Market by Application
9.4.5.3 U.A.E Fatty Alcohols Market
9.4.5.3.1 U.A.E Fatty Alcohols Market by Type
9.4.5.3.2 U.A.E Fatty Alcohols Market by Application
9.4.5.4 Rest of Middle East and Africa Fatty Alcohols Market
9.4.5.4.1 Rest of Middle East and Africa Fatty Alcohols Market by Type
9.4.5.4.2 Rest of Middle East and Africa Fatty Alcohols Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Fatty Alcohols Market Overview
9.5.2 South and Central America Fatty Alcohols Market Forecasts and Analysis
9.5.3 South and Central America Fatty Alcohols Market Forecasts and Analysis - By Type
9.5.4 South and Central America Fatty Alcohols Market Forecasts and Analysis - By Application
9.5.5 South and Central America Fatty Alcohols Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Fatty Alcohols Market
9.5.5.1.1 Brazil Fatty Alcohols Market by Type
9.5.5.1.2 Brazil Fatty Alcohols Market by Application
9.5.5.2 Argentina Fatty Alcohols Market
9.5.5.2.1 Argentina Fatty Alcohols Market by Type
9.5.5.2.2 Argentina Fatty Alcohols Market by Application
9.5.5.3 Rest of South and Central America Fatty Alcohols Market
9.5.5.3.1 Rest of South and Central America Fatty Alcohols Market by Type
9.5.5.3.2 Rest of South and Central America Fatty Alcohols Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FATTY ALCOHOLS MARKET, KEY COMPANY PROFILES
11.1. BASF SE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ECOGREEN OLEOCHEMICALS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EMERY OLEOCHEMICALS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KAO CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KUALA LUMPUR KEPONG BERHAD (KLK)
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MUSIM MAS HOLDINGS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PROCTER AND GAMBLE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SABIC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SASOL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TIMUR OLEOCHEMICALS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1.BASF SE
2.Ecogreen Oleochemicals
3.Emery Oleochemicals
4.KAO Corporation
5.Kuala Lumpur Kepong Berhad (KLK)
6.Musim Mas Holdings
7.Procter and Gamble
8.Sabic
9.Sasol
10.Timur Oleochemicals
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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