Naturally Derived Fatty Alcohol Market Growth Analysis, Varieties And Analysis Of Key Players – Forecasts To 2032
The naturally derived fatty alcohol market is experiencing significant growth driven by rising consumer demand for sustainable and eco-friendly products. Derived from renewable sources such as coconut, palm, and other plant oils, these fatty alcohols find wide application in personal care, cosmetics, and pharmaceuticals. Their natural origin appeals to environmentally conscious consumers seeking alternatives to petrochemical-derived ingredients.
The naturally Derived Fatty Alcohol industry is expected to
reach US$ 5250.82 Mn in 2032, likely to surge at CAGR of 6.4% during Forecast
Period 2022 to 2032
Fatty alcohols are aliphatic compounds derived from fats and
oils naturally originating in plants and animals. Fatty alcohols are derived
from fatty acids. They contain an even number of carbon atoms. They are
colorless oily liquids or solid waxy substances. Due to their amphipathic
nature fatty alcohols, act as non-ionic surfactants and are widely used in
cleaning products. Fatty alcohols can be used as emulsifiers, emollients, and
thickeners. Fatty alcohols are widely used in cosmetics, detergents,
pharmaceuticals, plastics, and other industrial products.
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Naturally Derived Fatty Alcohol Global Market Trends and
Drivers:
The global naturally derived fatty acids market demand is
primarily driven by increasing demand for naturally derived ingredients based
on soap and detergents and personal care products. However, increasing health
and environmental concerns with regards to use of petrochemical-based fatty
alcohols is another major market driver for naturally derived fatty alcohols.
To decrease carbon footprint, industries are focusing on the development of
biodegradable naturally derived products and chemicals through bio-based raw
materials.
Volatile prices of petrochemical-based products raise
concerns for the chemical industry and have prompted a chemical industry shift
towards bio-based ingredients such as naturally derived fatty alcohols. Regulations
from government agencies such as REACH related to environmental concerns
associated with petrochemical-based products are expected to support the market
trend for use of naturally derived fatty alcohols.
Increasing the supply of sustainable raw material sources is
expected to impact positively market growth. Also, increasing global consumer
awareness coupled with increased hygiene product demand is expected to drive
personal care industry growth and in turn, growth in the naturally derived
fatty alcohol market.
Naturally Derived Fatty Alcohol Market Key Players:
The growing naturally derived fatty alcohol market,
attracting new entries into the market and traditional manufacturers are also
shifting towards bio-based product manufacturing. Some of the key players in
the naturally derived fatty alcohol market includes BASF, Procter & Gamble,
Sasol, Shell Chemicals, Ecogreen oleochemicals, Kao chemicals, Willmar oleo,
Musim Mass, Emery Oleo, Oxiteno, Jiahua etc.
The report covers an exhaustive analysis on:
- Naturally
Derived Fatty Alcohol Market Segments
- Naturally
Derived Fatty Alcohol Market Dynamics
- Historical
Actual Market Size, 2013 – 2014
- Naturally
Derived Fatty Alcohol Market Size & Forecast 2015 to 2025
- Naturally
Derived Fatty Alcohol Market Supply & Demand Value Chain
- Naturally
Derived Fatty Alcohol Market Current Trends/Issues/Challenges
- Naturally
Derived Fatty Alcohol Players Competition & Companies involved
- Naturally
Derived Fatty Alcohol Market Technology
- Naturally
Derived Fatty Alcohol Market Value Chain
- Naturally
Derived Fatty Alcohol Market Drivers and Restraints
Naturally Derived Fatty Alcohol Market Segmentation
Naturally derived fatty alcohol market can be segmented on
the basis of their sources as animal fats, tropical oils, soft oils, and other
sources, on the basis of applications, and regions.
On the basis of sources naturally derived fatty alcohol
market is segmented as
- fatty
alcohols derived from animal fats
- tallow
- lard
- poultry
- fatty
alcohols derived from tropical oils
- palm
kernel oil
- coconut
oil
- palm
oil
- fatty
alcohols derived from soft oils such as
- soya
oil
- sunflower
oil
- rape
oil
- lastly
fatty alcohols from other sources such as
- honeybee
wax
- jojoba
oil
- whale
oil etc.
Naturally derived fatty alcohol market further segmented
on the basis of its application
- cosmetics
and personal care
- soap
and detergents
- pharmaceuticals
- food
& beverages
- textile
and leather processing
- Others
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Report Highlights:
- Detailed
overview of parent market
- Changing
market dynamics in the industry
- In-depth
market segmentation
- Historical,
current and projected market size in terms of volume and value
- Recent
industry trends and developments
- Competitive
landscape
- Strategies
of key players and products offered
- Potential
and niche segments, geographical regions exhibiting promising growth
- A
neutral perspective on market performance
- Must-have
information for market players to sustain and enhance their market
footprint.
Information Source:
https://www.futuremarketinsights.com/reports/naturally-derived-fatty-alcohol-market
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