Natural fatty alcohols are aliphatic compounds and derivatives of oils and fats, originating from animals and plants. These fatty alcohols are derived from fatty acids and contain an even number of carbon atoms. Moreover, they are solid waxy substances or colorless oily liquids.
They act as non-ionic surfactants, owing to their amphipathic nature, and are broadly employed in cleaning products. Natural fatty alcohols are utilized as emollients, emulsifiers, and thickeners, with applications in detergents, cosmetics, plastics, pharmaceutical, and other industrial products. As petrochemical-based fatty alcohols have severe and adverse effects, natural fatty alcohols witness high demand globally.
The demand for natural fatty alcohols market is driven by increase in demand for naturally derived ingredients to manufacture detergents & soaps and personal care products. Increase in environmental and health concerns globally with respect to the use of petrochemical-based fatty alcohols fuel the market growth. In addition, various industries are converging towards the efficient development of biodegradable and naturally derived chemicals and products by using bio-based raw materials to decrease the global carbon footprint.
Moreover, volatile prices and strict regulations from several governmental agencies associated with the ill effects of petrochemical-based fatty alcohols on the environment raises are projected to fuel the demand for natural fatty alcohols during the forecast period. However, volatile prices of raw materials and strict government regulations are anticipated to hamper the market growth. However, surge in demand from emerging regions, such as Asia-Pacific and LAMEA, is expected to present lucrative opportunities for the market players.
The global natural fatty alcohols market is segmented on the basis of source, application, and geography. On the basis of source, tit is divided into tropical oils, animal fats, soft oils, and others. On the basis of application, it is classified into soaps & detergents, cosmetics & personal care, food & beverages, pharmaceuticals, textile & leather processing, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global market focus on key market strategies, such as mergers, acquisitions, collaborations, and partnerships, to strengthen their market reach and maintain their position in the competitive market.
Some of the key players in the global market include:
- Procter & Gamble
- Shell Chemicals
- Ecogreen Oliochemicals
- Kao chemicals
- Willmar oleo
- Musim Mass
- Emery Oleo
- This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist in identifying the prevailing market opportunities.
- Major countries in each region are mapped according to the individual market revenue.
- The region- and country-wise natural fatty alcohols market conditions are comprehensively analyzed.
- This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
Natural Fatty Alcohols Market Key Segments:
- Tropical Oils
- Animal Fats
- Soft Oils
- Soaps & Detergents
- Cosmetics & Personal Care
- Food & Beverages
- Textile & Leather Processing
- North America
- Rest of Europe
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA