Fatty Alcohols Market Demand, Growth, Key Factors,Projections, Forecast To 2027

Posted by meera on September 30th, 2021

Reports and Data has recently published a new report titled Global Fatty Alcohols Market that offers vital statistical data about market size, market share, revenue growth, and evaluation of key segments such as types, applications, regions, technology, end-user, and prominent players of the industry. The report is further furnished with the latest market scenario pertaining to the global COVID-19 crisis and disruption in supply chain, changes in demands and trends, and economic scenario. The report also provides strategic recommendations to the new entrants pertaining to entry level barriers and to established players to help them gain a robust footing in the market and capitalize on lucrative opportunities in the market.   

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. 

Leading Market Competitors:

AkzoNobel, BASF, Cargill, Emery Oleochemicals, Solazyme, Wilmar International, Archer Daniels, Midland, Evonik Industries, China Sanjiang Fine Chemicals, and Kao Chemicals.

Growth Prospects:

The packaging sector has been attempting to gain momentum in the past couple of years on the back of the massive boom of the e-commerce industry. The market growth will be credited to the e-commerce transport and shipment, personal care, household, food and beverage, and healthcare sectors for convenience packaging.

These aspects have pushed leading players to dedicate their resources towards new packaging designs or to reinvent existing packaging designs to accommodate higher convenience and manageability, which will drive the global Fatty Alcohols market growth. The vintage packaging sector is also experiencing high demand, and even though it targets a limited consumer base, it is expected to grow at a rapid pace in the coming years.

Global Fatty Alcoholss Market Segmentation:

Based on Product Type:

C15-C22 Fatty Alcoholss

C11-C14 Fatty Alcoholss

C6-C10 Fatty Alcoholss

Based on Application:

Personal care

Soaps & detergents

Amines

Lubricants

Others

Market Overview:

Chemical and manufacturing industry largely caters to a broad range of commodity-related manufacturing and include a wide variety of materials such as sand, gravel, stone, and chemicals. Increasing focus on development of sustainable chemicals and materials, advancements in the development of smart materials such as nanocomposites and other advanced composites, and growing popularity of 3D printing have significantly contributed to revenue growth of the market. In addition, rising emphasis on green building and construction have increased use of renewable resources and this is also a key factor driving market growth.

Key companies are engaged in developing advanced materials having robust characteristics and forming strategic alliances such as mergers and acquisitions, joint ventures, collaborations, and product launches among others to gain a robust footing in the market. The competitive landscape section offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them.

Regional Analysis covers:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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. Reports and Data has a strong base of experienced analysts from varied areas of expertise.