Fatty alcohol is generally found as esters with fatty acids and fatty alcohols. These waxes are produced by the bacteria, animals, and plants for buoyancy, as a source of metabolic energy and water, biosonar lenses, ad for thermal insulation. Fatty alcohols were commercially available only after the 1900s and were originally obtained from wax esters with sodium used to reduce them. The global higher fatty alcohol market is expected to capture sizeable growth rate during the forecast period, owing to a number of factors.
Growing demand for biodegradable and sustainable products, to reduce petrochemical dependency is one of the primary factors driving the global higher fatty alcohol market. Volatile pricing of petrochemical-derived products due to supply-demand imbalances has also raised concerns towards the global chemical industry, which in turn, has prompted such shift towards bio-based chemicals industries. Ascending supply of sustainable raw materials in the form of oilseed is also anticipated to positively impact fatty alcohols solution. Main sources of fatty alcohols include sunflower oils, soybean oil, safflower oil, palm oil, rapeseed oil, and beef tallow.
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Moreover, increasing concerns towards the effect of petrochemicals on the environment has encouraged the use of bio-based sustainable chemicals. Hence, to reduce such reliance on petrochemicals, the industry has shifted its focus towards the development of biodegradable products and base chemicals through bio-based raw material. This will also aid in the curbing of carbon emissions and reducing the carbon footprint on the environment. Further, regulations from agencies such as REACH to spread awareness towards the environmental hazards associated with petrochemicals-based products are also expected to be another key influencer in market growth of the global higher fatty alcohol market.
The global higher fatty alcohol market has been analyzed for several segments, on the basis of various aspects to arrive at detailed and insightful analysis. Such segmentation has been performed on the basis of type, application, and region. By type, the global higher fatty alcohol market is segmented into short chain, long chain, pure and midcut, and higher chain. Based on application, the global higher fatty alcohol market is segmented into personal care, industrial & domestic cleaning, lubricants, pharmaceutical formulation, and plasticizers.
Considering the top players, the report offers a glimpse into the market’s competitive landscape combined with the latest trends gaining momentum within the manufacturing space. The report highlights the numerous significant vendors that contribute towards market growth, who are either renowned or are new in the market.
For each manufacturer covered, this report analyzes their Higher Fatty Alcohol manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Musim Mas Holdings
Procter & Gamble
Kuala Lumpur Kepong Berhad(KLK)
Godrej Industries Limited
Royal Dutch Shell PLC
Teck Guan Holdings
Berg + Schmidt GmbH & Co.
Segment by Regions
Segment by Type
Pure & Midcut
Segment by Application
Industrial & Domestic Cleaning
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