A 6.4% compound annual growth rate (CAGR) is projected for the global naturally derived fatty alcohol market from 2022 to 2032, with 2022 revenues of US$ 2821 Million and 2032 revenues of US$ 5250.82 Million.
| Report Attribute | Details |
|---|---|
| Naturally Derived Fatty Alcohol Market Value (2022) | US$ 2821 Million |
| Naturally Derived Fatty Alcohol Market Anticipated Value (2032) | US$ 5250.82 Million |
| Naturally Derived Fatty Alcohol Projected Growth Rate (2032) | 6.4% |
The major forces impacting the naturally derived fatty alcohol market forward are:
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A large portion of the naturally derived fatty alcohol market's revenue is anticipated to come from sales of soaps and detergents. The rising importance of personal hygiene and the rising standard of living in developing nations are expected to fuel the expansion of this naturally derived fatty alcohol market. Additionally, the industry is anticipated to benefit from the growing interest in both household and industrial cleaning products to promote health and safety.
During the foreseen time period, the personal care market is expected to grow into the naturally derived fatty alcohol market's second-largest subsector. The increasing purchasing power of consumers in Asia and the Pacific has led to a surge in demand for luxury personal care items.
The pure and mid-cut section of the naturally derived fatty alcohol market is expected to be worth $ 2.68 billion by the year 2022. The market for product segments is expected to be driven by the increasing demand for pure and mid-cut alcohol, particularly in the Asia-Pacific region. Sodium Laureth ether sulfate (SLES) is a significant foaming agent used in the production of shampoos and body washes and is derived from fatty alcohols.
The demand for sustainable products has increased around the world as people become more aware of the hazards posed by petroleum-based goods. Companies have started using more sustainable materials in response to rising consumer demand for bio-based products. Alcohols made from bio-based oleochemicals are recyclable and have a lower toxicity profile than their traditional counterparts. As a result of their low toxicity, these alcohols are in high demand in the cosmetics and pharmaceutical sectors.
One such palm oil and palm kernel oil alcohol is WILFAROL 1698, which is sold by Wilmar International. KLK OLEO, another major producer, sells a line of fatty alcohols made from vegetable oils under the brand name PALMEROL. REACH, and other regulatory agencies efforts to limit the negative environmental impacts of petroleum-based products are another factor expected to fuel the demand for naturally derived fatty alcohol.
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Rising demand for surfactants is expected to fuel the naturally derived fatty alcohol industry expansion
Soaps and detergents, which rely on surfactants, are experiencing meteoric growth in demand for naturally derived fatty alcohol. Fatty alcohol surfactants have several applications in the food, fiber, and beauty industries. They serve a variety of purposes, including wetting and cleansing, solubilizing, and emulsifying. Since they have useful qualities, fatty alcohols are likely to be in high demand. Naturally derived fatty alcohol market expansion is also anticipated to be bolstered by the rising demand for personal care goods like liquid soaps and hand sanitizers to curb the spread of COVID-19.
Raw material cost volatility is likely to stunt the development
Tallow, palm oil, rapeseed oil, and others are used in the production of fatty alcohols. Countries in the Asia-Pacific region, such as Indonesia and Malaysia, are important sources of this commodity. Raw materials for other parts of the world, such as North America and Europe, come primarily from Asian countries. Thus, raw material price swings are sensitive to the trade situations in these areas. Another factor working against the expansion of the naturally derived fatty alcohol market is the Indian government's recent decision to impose limitations on the import of refined palm oil.
In 2020, the Asia Pacific naturally derived fatty alcohol market was worth $1.47 billion. As the demand from the personal care & cosmetics, and surfactant sectors continues to rise, it is the primary factor driving naturally derived fatty alcohol market expansion. The naturally derived fatty alcohol market would expand thanks to the rising middle classes in emerging economies like India, China, and South Korea. Not only is that, but an increase in the usage of soaps and detergents is also being seen in China, the world's largest producer of such products.
The increasing need for surfactants is a major factor in the expansion of the naturally derived fatty alcohol market in North America. Because of the COVID-19 pandemic, there is expected to be a surge in demand for disinfectants and other cleaning supplies in this area. For the duration of the forecast, North America is projected to account for 34.8% of the naturally derived fatty alcohol market.
Demand from the personal care sector is skyrocketing in Europe, shaping the naturally derived fatty alcohol market. Moreover, the rising demand for liquid soaps is another factor driving the expansion of the naturally derived fatty alcohol market. Nearly 12.6 million tons of soaps and detergents were produced in the European Union in 2018, with detergents and washing preparations accounting for 81% and soap and organic surface-active products accounting for 19%. High demand from a wide variety of lubricant manufacturers is expected to fuel the demand for naturally derived fatty alcohol in Latin America and, the Middle East & Africa.
With the expanding naturally derived fatty alcohol market, both new and established players are beginning to turn their focus to the production of bio-based products. Market leaders for naturally derived fatty alcohols include companies like BASF, P&G, Sasol, Shell Chemicals, Ecogreen oliochemicals, Kao chemicals, Willmar oleo, Musim Mass, Emery Oleo, Oxiteno, Jiahua, etc.
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| Report Attribute | Details |
|---|---|
| Growth Rate | 6.4% |
| Base Year for Estimation | 2021 |
| Historical Data | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in US$ million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Sources, Application, Region |
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled | BASF, Procter & Gamble (P&G), Sasol, Shell Chemicals, Ecogreen oliochemicals, Kao chemicals, Willmar oleo, Musim Mass, Emery Oleo, Oxiteno, Jiahua |
| Customization | Available Upon Request |
Europe is anticipated to lead the naturally derived fatty alcohol market during the forecast period.
The naturally derived fatty alcohol market is likely to hold a valuation of US$ 5250.82 Million by 2032.
The growth outlook of the naturally derived fatty alcohol market is predicted to advance at a CAGR of 6.4% from 2022 to 2032.
1. Executive Summary | Naturally Derived Fatty Alcohol Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sources
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Sources, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Sources, 2022 to 2032
5.3.1. Animal Fats
5.3.1.1. Tallow
5.3.1.2. Lard
5.3.1.3. Poultry
5.3.2. Tropical Oils
5.3.2.1. Palm Kernel Oil
5.3.2.2. Coconut Oil
5.3.2.3. Palm Oil
5.3.3. Soft Oils
5.3.3.1. Soya Oil
5.3.3.2. Sunflower Oil
5.3.3.3. Rape Oil
5.3.4. Other Sources
5.3.4.1. Honeybee Wax
5.3.4.2. Jojoba Oil
5.3.4.3. Whale Oil
5.3.4.4. Others
5.4. Y-o-Y Growth Trend Analysis By Sources, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Sources, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2017 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2022 to 2032
6.3.1. Cosmetics and Personal Care
6.3.2. Soap and Detergents
6.3.3. Pharmaceuticals
6.3.4. Food & Beverages
6.3.5. Textile and Leather Processing
6.3.6. Other Applications
6.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2017 to 2021
7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2022 to 2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa(MEA)
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Sources
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Sources
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Sources
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Sources
9.3.3. By Application
9.4. Key Takeaways
10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Sources
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Sources
10.3.3. By Application
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Sources
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Sources
11.3.3. By Application
11.4. Key Takeaways
12. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of Middle East and Africa(MEA)
12.2.2. By Sources
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Sources
12.3.3. By Application
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2021
13.1.2.1. By Sources
13.1.2.2. By Application
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2021
13.2.2.1. By Sources
13.2.2.2. By Application
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2021
13.3.2.1. By Sources
13.3.2.2. By Application
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2021
13.4.2.1. By Sources
13.4.2.2. By Application
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2021
13.5.2.1. By Sources
13.5.2.2. By Application
13.6. United Kingdom
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2021
13.6.2.1. By Sources
13.6.2.2. By Application
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2021
13.7.2.1. By Sources
13.7.2.2. By Application
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2021
13.8.2.1. By Sources
13.8.2.2. By Application
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2021
13.9.2.1. By Sources
13.9.2.2. By Application
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2021
13.10.2.1. By Sources
13.10.2.2. By Application
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2021
13.11.2.1. By Sources
13.11.2.2. By Application
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Sources
13.12.2.2. By Application
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2021
13.13.2.1. By Sources
13.13.2.2. By Application
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2021
13.14.2.1. By Sources
13.14.2.2. By Application
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2021
13.15.2.1. By Sources
13.15.2.2. By Application
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2021
13.16.2.1. By Sources
13.16.2.2. By Application
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2021
13.17.2.1. By Sources
13.17.2.2. By Application
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2021
13.18.2.1. By Sources
13.18.2.2. By Application
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2021
13.19.2.1. By Sources
13.19.2.2. By Application
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2021
13.20.2.1. By Sources
13.20.2.2. By Application
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Sources
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. BASF
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Procter & Gamble
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Sasol
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Shell Chemicals
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Ecogreen Oliochemicals
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Kao chemicals
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Willmar oleo
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Musim Mass
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Emery Oleo
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Oxiteno
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
15.1.11. Jiahua
15.1.11.1. Overview
15.1.11.2. Product Portfolio
15.1.11.3. Profitability by Market Segments
15.1.11.4. Sales Footprint
15.1.11.5. Strategy Overview
15.1.11.5.1. Marketing Strategy
15.1.11.5.2. Product Strategy
15.1.11.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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Naturally Derived Fatty Alcohol Market
