New York, NY -- (SBWIRE) -- 05/05/2021 -- The global Fatty Alcohol Market is forecast to reach USD 7.15 Billion by 2027, according to a new report by Reports and Data. Fatty alcohols can be defined as, usually, straight-chain, high-molecular-weight, primary alcohols. However, these alcohols can range from as less as 4–6 carbons to as many as 22–26 carbons, which are usually derived from natural oils and fats. There are various advantages associated with these alcohols, which are contributing to the growth of the market. In this regard, one of its mentionable feature is unusual surface-active properties, due to which, this product witnessed sizable consumption along with extensive commercial use in synthetic detergents. Two of the commercially used methods for reduction associated with manufacturing these alcohols are hydrogenolysis of either fatty acids or fats and sodium reaction.  These two processes of reduction provide different products, which is dependent on the starting raw materials.

In regards to region, North America can be noticed to occupy a prominent market position. The market position held by the region is resultant to elevating awareness among consumers and associated rising demand for bio-based products.  

Get a FREE Report Sample with Table of Contents and Figures @ https://www.reportsanddata.com/sample-enquiry-form/2325

The fatty alcohol market held a market share of USD 4.94 Billion in the year 2018 that is forecasted to grow at a rate of 4.7% during the forecast period.
In context to Product, the C11-C14 Fatty Alcohols segment generated the highest revenue of USD 2.76 Billion in the year 2018, with a growth rate of 4.8% during the forecast period. The applicability of the product in the synthesis of surfactants and increasing demand for laundry detergents, and dishwashing detergents contributes to the revenue generated by the C11-C14 Fatty Alcohols segment.
In context to Raw Material Sources, the Natural Sources segment is leading the market that generated a higher revenue of USD 2.91 Billion in 2018 with a faster growth rate of 5.3% during the forecast period. The easy availability of the raw materials from the natural sources and the rising demand for bio-based products among consumers are some of the factors contributing to the revenue and growth rate witnessed by the Natural Sources segment. Some of the mentionable naturally available raw materials frequently used by manufacturers of this alcohol are various vegetable oils like coconut and mustard oil.
In context to Application, the Soaps & detergents segment is dominating the market occupying 0% of the market in 2018, with a CAGR of 4.8% during the forecast period. Particular advantages of these alcohols like being neutral, significant washing power, and resistance towards substances that may cause hardness of the water have resulted in the replacement of fatty acids with fatty alcohols for manufacturing soaps and detergents, which contributes to the market share occupied by the segment.
In regards to the region, Europe held 0% of the market in 2018, with a growth rate of 4.9% during the forecast period. Factors like the presence of well-established, personal care industry, and cosmetics sector propels the growth of the market in this region.
Key participants include AkzoNobel, BASF, Cargill, Emery Oleochemicals, Solazyme, Wilmar International, Archer Daniels, Midland, Evonik Industries, China Sanjiang Fine Chemicals, and Kao Chemicals.

Browse Complete Report "Fatty Alcohols Market" @ https://www.reportsanddata.com/report-detail/fatty-alcohols-market

For the purpose of this report, Reports and Data have segmented the global fatty alcohols market according to Product, Raw Material Sources, Application, and Region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

C15-C22 Fatty Alcohols
C11-C14 Fatty Alcohols
C6-C10 Fatty Alcohols

Raw Material Sources Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

Natural Sources
Petrochemical Sources

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

Personal care
Soaps & detergents
Amines
Lubricants
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 Technology

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2027

Chapter 3. Indicative Metrics

Chapter 4. Fatty Alcohols Market Segmentation & Impact Analysis

    4.1. Fatty Alcohols Market Segmentation Analysis

    4.2. Industrial Outlook

……………..

Chapter 9. Competitive Landscape

    9.1. Market Revenue Share By Manufacturers

    9.2. Manufacturing Cost Breakdown Analysis

    9.3. Mergers & Acquisitions

    9.4. Market positioning

    9.5. Strategy Benchmarking

    9.6. Vendor Landscape

Chapter 10. Company Profiles

    10.1. AkzoNobel

           10.1.1. Company Overview

           10.1.2. Financial Performance

           10.1.3. Technology Insights

           10.1.4. Strategic Initiatives

    10.2. BASF

           10.2.1. Company Overview

           10.2.2. Financial Performance

           10.2.3. Technology Insights

           10.2.4. Strategic Initiatives

    10.3. Cargill

           10.3.1. Company Overview

           10.3.2. Financial Performance

           10.3.3. Technology Insights

           10.3.4. Strategic Initiatives

    10.4. Emery Oleochemicals

            10.4.1. Company Overview

            10.4.2. Financial Performance

            10.4.3. Technology Insights

            10.4.4. Strategic Initiatives

    10.5. Solazyme

            10.5.1. Company Overview

            10.5.2. Financial Performance

            10.5.3. Technology Insights

            10.5.4. Strategic Initiatives

Continued……….

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/2325

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 Fatty Alcohols market and its competitive landscape.

Browse Related Reports –

Biological Safety Testing Market Demand

Paper Pigments Market Share

Iodine Market Trends

Commercial Ornamental Fish Market Analysis

Teleradiology Market Growth

Food Safety Testing Market Size

Thank you for reading our report. For further inquiries or queries about customization, please get in touch with us. Our team will ensure the report you get is best suited to your needs.

About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com