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Fatty Alcohol Market Trends

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Report ID: 3340
Published Date: Aug 29, 2024
Report Format: PDF, PPT

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Fatty Alcohol Market Trends

Growth Drivers

Increasing Demand for Industrial Surfactants
Growing Awareness for Personal Hygiene amidst COVID-19 Pandemic

Challenges

Oversupply of the Product
Fluctuating Prices of Raw Material

Fatty Alcohol Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	4.6%
Base Year Market Size (2023)	USD 6.26 billion
Forecast Year Market Size (2036)	USD 11.23 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Fatty Alcohol Market Size & Share, Growth Trends 2036

Author Credits: Parul Atri

Report ID: 3340
Published Date: Aug 29, 2024
Report Format: PDF, PPT

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.

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