New York, NY -- (SBWIRE) -- 04/20/2021 -- The Global C12-15 Alcohols Market is forecast to reach USD 2.49 Billion by 2027, according to a new report by Reports and Data. C12-15 Alcohols are the long-chain, high-molecular-weight fatty alcohols containing a number of carbon atoms from 12 to 15 in each fatty alcohol with a colorless, oily, liquid formation mostly. These fatty alcohols are typically derived from natural fats such as animal fats and vegetable oils such as coconut oil. Global C12-15 alcohols market is projected to drive significantly as the demand for the C12-15 alcohol in various industrial & commercial applications is being propelled substantially. The continuous expansion of the surfactants, flavor-enhancing food additives, pesticides, personal care products, cosmetics, lubricating oils are expected to primarily drive the demand throughout the forecast period.

The Asia Pacific region is expected to retain its dominance in the global market. The market is North America is growing at a significant pace due to the extensive use of C12-15 alcohols in various industrial & commercial sectors. China and India are some of the fastest-growing markets in the world, and the United States and China hold some of the most prominent players in the market.

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Further key findings from the report suggest

In context to sources segment, the natural sources sub-segment occupied a larger market share, which held 63.7% of the market in 2018, with a faster CAGR of 5.6% during the forecast period. The fact that these sources have always been popular as a raw material source for manufacturing these alcohols and these sources are easily accessible and hence contribute to the market share occupied by the natural sources segment. Furthermore, elevating demand for bio-based products among consumers contributes to the growth rate of this segment.
Growing penetration of the online retailing businesses for the chemicals and materials, especially in the emerging nations in the Asia Pacific, is helping the market grow by broadening the outreach in the areas where the offline vendors are unavailable. Also, due to the non-involvement of the distributors in the supply chain model, the profit margin is way more than that of the offline retailing distribution channel. The online retailing is expected to gain a market share of 26.2% by 2027.
A mentionable initiative often taken by market players is to invest in the new product development. As an instance, Codexis has already produced samples of the C12-15 alcohols. It is also targeting a commercial production of 60,000 tonnes/year of fatty alcohols with the help of microbial fermentation processing. Thus, such initiatives by market players are also spurring market growth.
Europe would hold a market share of 18.5% by 2027 growing at a CAGR of 3.8% in the forecast period. Netherland and France have some of the valuable players in this region.
North America is forecasted to witness significant growth in the overall market, having grown at a CAGR of 5.6% during the forecast period. US possesses the highest market share in this region and some of the vital players of the market.
Key participants include BASF SE, Emery Oleochemicals, Royal Dutch Shell PLC, Clariant International AG, Merck KGaA, The Archer Daniels Midland Company, Cargill, Incorporated, Nanjing Kaimubo Pharmatech Company, Godrej Industries Ltd., and LGC Limited, among others.

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For the purpose of this report, Reports and Data have segmented the global C12-15 alcohols Market on the basis of the type of alcohol, sales channel, sources, end-use verticals, and region:

Type of Alcohol Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)

C12 (Lauryl Alcohol)
C13 (Tridecyl Alcohol)
C14 (Myristyl Alcohol)
C15 (Pentadecyl Alcohol)

Sales Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)

Online Retailing
Offline Retailing

Sources Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)

Natural
Synthetic

End-Use Verticals Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)

Chemical & Pharmaceutical
Personal Care & Cosmetics
Industrial Manufacturing
Food Processing Industries
Others

Regional Outlook (Revenue in USD Billion; 2017–2027)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

TOC -
Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2027

Chapter 3. Indicative Metrics

Chapter 4. C12-15 Alcohols Market Segmentation & Impact Analysis

    4.1. C12-15 Alcohols Market Material Segmentation Analysis

    4.2. Industrial Outlook

…………

Chapter 10. Competitive Landscape

    10.1. Market Revenue Share By Manufacturers

    10.2. Manufacturing Cost Breakdown Analysis

    10.3. Mergers & Acquisitions

    10.4. Market positioning

    10.5. Strategy Benchmarking

    10.6. Vendor Landscape

Chapter 11. Company Profiles

    11.1. BASF SE

            11.1.1. Company Overview

            11.1.2. Financial Performance

            11.1.3. Technology Insights

            11.1.4. Strategic Initiatives

    11.2. Emery Oleochemicals

            11.2.1. Company Overview

            11.2.2. Financial Performance

            11.2.3. Technology Insights

            11.2.4. Strategic Initiatives

    11.3. Royal Dutch Shell PLC

            11.3.1. Company Overview

            11.3.2. Financial Performance

            11.3.3. Technology Insights

            11.3.4. Strategic Initiatives

    11.4. Clariant International AG

            11.4.1. Company Overview

            11.4.2. Financial Performance

            11.4.3. Technology Insights

            11.4.4. Strategic Initiatives

    11.5. Merck KGaA

           11.5.1. Company Overview

           11.5.2. Financial Performance

           11.5.3. Technology Insights

           11.5.4. Strategic Initiatives

Continued……….

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The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter's Five Forces analysis to offer a better understanding of the C12-15 Alcohols market and its competitive landscape.

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