Fatty Alcohols Market Trends, Demand, Growth, Opportunities and Key Manufacturers Forecast to 2022
Fatty Alcohols Market from Qurate’s Repository provides detailed information, in-depth analysis, and forecast which is developed by a team of experts and professionals
(EMAILWIRE.COM, August 20, 2018 ) Industry Outlook and Trend Analysis
The Fatty Alcohols Market was worth USD 4.45 billion in the year of 2012 and is expected to reach approximately USD 7.73 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.10% during the forecast period. Increasing requirement for ecological and tenable items with the aim of reducing dependence on petrochemicals is anticipated to boost the development of this market Unpredictable cost of petrochemical determined items because of supply-request imbalances raise worries for the worldwide chemical industry which has provoked this move towards bio-based alternatives. Expanding concerns with respect to the impact of petrochemicals on nature have provoked the utilization of bio-based, feasible chemicals. To diminish dependence on petrochemicals and to diminish carbon impression, industry has moved their concentration towards improvement of biodegradable items and base chemicals through bio-based raw materials. Regulations from organizations, for example, Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) in regards to the ecological dangers related with petrochemical-based items are required to support the pattern. Fatty alcohols are biodegradable in nature and take into account an indistinguishable application from petrochemicals and are cost effective in comparison to petrochemicals. Expanding the supply of tenable raw materials as oilseed is anticipated to affect the market in a positive manner. This, thusly, is relied upon to give wide opportunities to downstream applications and therefore expand market penetration. Key sources incorporate tall oil, soybean oil, beef tallow, sunflower oil, palm oil, rapeseed oil and safflower oil. Worldwide increment in the demand for hygiene item combined with expanding buyer mindfulness is relied upon to drive individual care industry throughout the following years. The switch in shopper inclination towards bio-based items demand due to rising awareness with respect to toxicity caused by petrochemical items is relied upon to drive the demand for personal care products. These aspects are thus in charge of driving fatty alcohols demand in personal care sector.
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Product Outlook and Trend Analysis
In 2014, C11-C14 fatty alcohols developed as the dominant product section and represented more than 58 percent of the total market. Increasing requirement, particularly in Asia Pacific is anticipated to boost the product segment market over the estimate time frame. C11-C14 fatty alcohols are utilized for sodium laureth ether sulphate (SLES), as an important foaming agent that is commonly present in shampoos and body wash formulations. C15-C22 fatty alcohols are anticipated to encounter the most elevated development throughout the following years. Expanding scope of application of the specific product fragment is foreseen to be the significant driving element for the market over the estimate time frame.
Application Outlook and Trend Analysis
In 2013 soaps and detergents were the leading fatty alcohols market application representing more than 50 percent of the total market. Increasing population in Asia Pacific is expected to spur the demand for soaps and detergents over the estimate time frame. The soap and detergent business is defined by comprehended products that take in to account various requirements of the consumers and is foreseen to encounter significant development in the following years. Personal care is foreseen to be the fastest developing application segment for fatty alcohols over the estimate time frame owing to rising demand of personal care products in Asia Pacific. Increasing awareness regarding personal care and hygiene is expected to boost the fatty alcohol market over the forecast period.
Regional Outlook and Trend Analysis
In 2014 Asia Pacific fatty alcohols market was the leading regional market that registered for more than 30 percent of the total volume. Rising requirement of soaps and detergents owing to surging population and rise in disposable income in the region is expected to boost the demand in the area. Besides being the largest, Asia Pacific is foreseen to be the quickest developing regional market. European fatty alcohols market is relied upon to lose offer to high development locales, for example, Central and South America and Asia Pacific. The unverifiable financial circumstance in the locale combined with declining development in major downstream ventures is relied upon to have an antagonistic effect the market. North America fatty alcohols market is foreseen to encounter average development over the conjecture time frame inferable from expanding bio-based item demand in light of expanding consumer awareness alongside stringent directions is relied upon to fuel requirement in the locale.
Competitive Insights
In 2014 the global fatty alcohols market was ruled by Ecogreen Oleochemical, BASF, Eastman Chemical Company, Emery Oleochemicals and Croda International. Increased accessibility to raw materials like corn, soy and rapeseed in Malaysia, Indonesia and china has impelled various manufacturers to switch base from North America and Europe and invest in Asia Pacific.
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The global Fatty Alcohols market is segmented as follows:
By Product:
C6-C10 Fatty Alcohols
C15-C22 Fatty Alcohols
C11-C14 Fatty Alcohols
By Application:
Personal Care
Soaps & Detergents Amines
Amines
Lubricants
Other Applications
By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Discount Enquiry@ https://www.qurateresearch.com/report/discount/CnM/QBI-CMR-CnM-54886
The Fatty Alcohols Market was worth USD 4.45 billion in the year of 2012 and is expected to reach approximately USD 7.73 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.10% during the forecast period. Increasing requirement for ecological and tenable items with the aim of reducing dependence on petrochemicals is anticipated to boost the development of this market Unpredictable cost of petrochemical determined items because of supply-request imbalances raise worries for the worldwide chemical industry which has provoked this move towards bio-based alternatives. Expanding concerns with respect to the impact of petrochemicals on nature have provoked the utilization of bio-based, feasible chemicals. To diminish dependence on petrochemicals and to diminish carbon impression, industry has moved their concentration towards improvement of biodegradable items and base chemicals through bio-based raw materials. Regulations from organizations, for example, Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) in regards to the ecological dangers related with petrochemical-based items are required to support the pattern. Fatty alcohols are biodegradable in nature and take into account an indistinguishable application from petrochemicals and are cost effective in comparison to petrochemicals. Expanding the supply of tenable raw materials as oilseed is anticipated to affect the market in a positive manner. This, thusly, is relied upon to give wide opportunities to downstream applications and therefore expand market penetration. Key sources incorporate tall oil, soybean oil, beef tallow, sunflower oil, palm oil, rapeseed oil and safflower oil. Worldwide increment in the demand for hygiene item combined with expanding buyer mindfulness is relied upon to drive individual care industry throughout the following years. The switch in shopper inclination towards bio-based items demand due to rising awareness with respect to toxicity caused by petrochemical items is relied upon to drive the demand for personal care products. These aspects are thus in charge of driving fatty alcohols demand in personal care sector.
Get Free Sample Report@ https://www.qurateresearch.com/report/sample/CnM/QBI-CMR-CnM-54886
Product Outlook and Trend Analysis
In 2014, C11-C14 fatty alcohols developed as the dominant product section and represented more than 58 percent of the total market. Increasing requirement, particularly in Asia Pacific is anticipated to boost the product segment market over the estimate time frame. C11-C14 fatty alcohols are utilized for sodium laureth ether sulphate (SLES), as an important foaming agent that is commonly present in shampoos and body wash formulations. C15-C22 fatty alcohols are anticipated to encounter the most elevated development throughout the following years. Expanding scope of application of the specific product fragment is foreseen to be the significant driving element for the market over the estimate time frame.
Application Outlook and Trend Analysis
In 2013 soaps and detergents were the leading fatty alcohols market application representing more than 50 percent of the total market. Increasing population in Asia Pacific is expected to spur the demand for soaps and detergents over the estimate time frame. The soap and detergent business is defined by comprehended products that take in to account various requirements of the consumers and is foreseen to encounter significant development in the following years. Personal care is foreseen to be the fastest developing application segment for fatty alcohols over the estimate time frame owing to rising demand of personal care products in Asia Pacific. Increasing awareness regarding personal care and hygiene is expected to boost the fatty alcohol market over the forecast period.
Regional Outlook and Trend Analysis
In 2014 Asia Pacific fatty alcohols market was the leading regional market that registered for more than 30 percent of the total volume. Rising requirement of soaps and detergents owing to surging population and rise in disposable income in the region is expected to boost the demand in the area. Besides being the largest, Asia Pacific is foreseen to be the quickest developing regional market. European fatty alcohols market is relied upon to lose offer to high development locales, for example, Central and South America and Asia Pacific. The unverifiable financial circumstance in the locale combined with declining development in major downstream ventures is relied upon to have an antagonistic effect the market. North America fatty alcohols market is foreseen to encounter average development over the conjecture time frame inferable from expanding bio-based item demand in light of expanding consumer awareness alongside stringent directions is relied upon to fuel requirement in the locale.
Competitive Insights
In 2014 the global fatty alcohols market was ruled by Ecogreen Oleochemical, BASF, Eastman Chemical Company, Emery Oleochemicals and Croda International. Increased accessibility to raw materials like corn, soy and rapeseed in Malaysia, Indonesia and china has impelled various manufacturers to switch base from North America and Europe and invest in Asia Pacific.
Enquiry About Report@ https://www.qurateresearch.com/report/enquiry/CnM/QBI-CMR-CnM-54886
The global Fatty Alcohols market is segmented as follows:
By Product:
C6-C10 Fatty Alcohols
C15-C22 Fatty Alcohols
C11-C14 Fatty Alcohols
By Application:
Personal Care
Soaps & Detergents Amines
Amines
Lubricants
Other Applications
By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Discount Enquiry@ https://www.qurateresearch.com/report/discount/CnM/QBI-CMR-CnM-54886
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results