CHICAGO, July 22, 2020 /PRNewswire/ -- According to the new market research report "Fatty Alcohols Market by Type (Short Chain, Pure and Mid Cut, Long Chain, Higher Chain), Application (Industrial & Domestic Cleaning, Personal Care, Plasticizers, Lubricants, Food & Nutrition), and by Region - Global Forecast to 2025", published by MarketsandMarkets™, the global Fatty Alcohols Market size is expected to grow from USD 5.4 billion in 2020 to USD 7.0 billion by 2025, at a CAGR of 5.2%, during the forecast period. The major factors driving the market include growing consumption of fatty alcohols in the emerging clusters of APAC is mainly because of the rising per capita expenditure on personal care products and abundant availability of raw materials and cheap labor force, and growing demand from various applications such personal care and industrial & domestic cleaning application.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245021082
Browse in-depth TOC on "Fatty Alcohols Market"
129 – Tables
30 – Figures
154 – Pages
View Detailed Table of Content Here:
https://www.marketsandmarkets.com/Market-Reports/fatty-alcohol-market-245021082.html
Pure and Mid Cut to dominate the global fatty alcohols market during the forecast period
The fatty alcohols industry has been segmented based on type as short-chain, pure & mid-cut, long-chain, and higher chain. The pure and mid-cut segment accounted for the larger share of the market in 2019. The growth in this segment is attributed to the increase in its use in various applications, such as personal care and industrial & domestic cleaning. These factors are expected to drive the demand for fatty alcohols during the forecast period.
Industrial & domestic cleaning segment to lead the global fatty alcohols market during the forecast period
The market has been segmented based on application into industrial & domestic cleaning, personal care, lubricants, plasticizers, pharmaceutical formulation, food & nutrition, and others. The industrial & domestic cleaning segment accounted for the largest share of the market in 2019 and is expected to witness significant growth during the forecast period. The growth in this segment is attributed to improved standards of living and an increase in the purchasing power parity of low-income groups in emerging economies such as APAC. These factors are expected to drive demand during the forecast period.
Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=245021082
APAC is expected to have the largest market size in the global fatty alcohols market during the forecast period
APAC is projected to be the leading fatty alcohols industry globally during the forecast period. The growth in the APAC region can be attributed to the rising demand from personal care and industrial & domestic cleaning application. The presence of a robust industrial base, favorable government policies, and low labor costs along with growing demand for fatty alcohols in the region are further strengthening the market and attracting major players to invest in the region.
The Wilmar International Ltd. (Singapore), Kuala Lumpur Kepong Berhad (Malaysia), Musim Mas Holdings (Singapore), Godrej Industries Limited (India), Procter & Gamble (US), VVF L.L.C. (India), Sasol (South Africa), Kao Corporation (Japan), Emery Oleo Chemicals (Malaysia), and Royal Dutch Shell Plc. (Netherlands) among others are the key players operating in the fatty alcohols market.
Browse Adjacent Market: Bulk Chemicals and Inorganics Market Research Report & consulting
Related Reports:
n-Butanol Market By Type Application (Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvents, Plasticizers), And Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast To 2022
https://www.marketsandmarkets.com/Market-Reports/n-butanol-market-1089.html
Oleochemicals Market By Type (Fatty Acid, Fatty Alcohol, Glycerin, and Others), By Application (Pharmaceutical & personal care, Food & beverages, Soaps & detergents, Polymers, and Others), Region (North America, Europe, Asia-Pacific, and Rest of the World) – Global Forecast to 2019
https://www.marketsandmarkets.com/Market-Reports/oleochemicals-market-235516809.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/fatty-alcohol-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/fatty-alcohol.asp
SOURCE MarketsandMarkets
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO70421&Transmission_Id=202007220530PR_NEWS_USPR_____IO70421&DateId=20200722)
Share this article