The global fatty alcohol market is segmented by type into natural, and petrochemical, out of which, the natural segment is anticipated to hold the notable share in the market during the forecast period on account of increasing adoption of natural products as opposed to petroleum-based products. Natural fatty alcohols are recyclable and less toxic, which is why these are being increasingly used in cosmetic and pharmaceutical products. This is estimated to boost the segment growth. Based on application, the personal care & cosmetic segment is projected to gain the largest share over the forecast period, owing to the increasing demand for personal cleanliness products, such as soaps and detergents.
Our in-depth analysis of the global market includes the following segments
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Author Credits: Parul Atri
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