Fatty Alcohol Market Share

APAC Market Statistics

Regionally, the global fatty alcohol market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific is set to dominate majority revenue share by 2036, on the back of presence of large number of end-user industries, including food & beverages, manufacturing, and lubricants among others, along with the presence of major manufacturers of fatty alcohol in the region. The high population in the APAC region acts as a large consumer base, which is another factor estimated to boost the market growth.

North America Market Analysis

The market in the North America region is estimated to witness significant growth over the forecast period owing to the increasing demand for fatty alcohol by the pharmaceutical industries, along with the increasing public awareness for personal cleanliness and hygiene. Furthermore, rising disposable income of the public is also estimated to provide growth opportunities for the market in the region.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of fatty alcohol is evaluated at USD 6.49 billion.

Fatty Alcohol Market size was over USD 6.26 billion in 2023 and is poised to cross USD 11.23 billion by 2036, witnessing more than 4.6% CAGR during the forecast period i.e., between 2024-2036. Increasing demand for industrial surfactants and growing awareness regarding cleanliness and hygiene will impel the market growth.

Asia Pacific is set to dominate majority revenue share by 2036, on the back of presence of large number of end-user industries, including food & beverages, manufacturing, and lubricants among others, along with the presence of major manufacturers of fatty alcohol in the region.

The major players in the market are Kao Corporation, Musim Mas Group, Wilmar International Ltd., Shell International B.V., Emery Oleochemicals, Sasol Limited, VVF L.L.C., The Procter & Gamble Company and others.

Fatty Alcohol Market Share