Global C6 C10 Fatty Alcohol Market Scope Report

Global C6 C10 Fatty Alcohol Market Highlights Over 2023 - 2033

The global c6 c10 fatty alcohol market is estimated to garner a notable revenue by the end of 2033 by growing at a CAGR of ~6% over the forecast period, i.e., 2023 – 2033. Further, the market generated a significant revenue in the year 2022. The growth of the market can be attributed to the increasing awareness for fatty alcohol among the consumers. For instance, the industrial fatty alcohol import has reached a value of more than USD 125 Million in United Kingdom from European in 2018.

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Fatty alcohols are alcohols with a high molecular weight that are solid at room temperature. The majority are derived from plant-based fatty acids and function as emulsifiers in skincare formulation. C6-C10 Fatty Alcohol refers to a solvent used in the manufacture of detergents and surfactants. It is also used in the cosmetic and food industries as an emulsifier, emollient, and thickener. Hence, growing demand for hygiene products is expected to boost the growth of the global c6 c10 fatty alcohol market.  There were more than 52 Million Americans that used 12 bars or more bars of soap in the year 2020.

Global C6 C10 Fatty Alcohol Market: Growth Drivers and Challenges

Growth Drivers

• Rising Growth of Pharmaceutical Industry– Fatty alcohol are used in pharmaceutical formulations and it is anticipated to surge the growth of the global c6 c10 fatty alcohol market. As per the India Brand Equity Foundation, foreign direct investment in drugs and pharmaceuticals accounted for USD 19.41 Billion in between April 2000 -March 2022.

• Surging Population– According to the World Bank, the total population across the globe has increased from 6.11 Billion in 2000 to 7.84 Billion in 2021.

• Increasing Disposable Income – According to the United States, Bureau of Economic Analysis, the disposable personal income increased by USD 71.3 Billion in september 2022.

• Rising Research & Development Expenditure – According to the World Bank, research and development expenditure has increased from 2.05 per cent of GDP in 2000 to 2.63 per cent of GDP in 2020.

Challenges

• Scarcity of Raw Material

• High Cost for the Manufacturing of Fatty Alcohol

• Concern Related to Shipping Delays

The global c6 c10 fatty alcohol market is segmented and analyzed for demand and supply by application into cosmetics & personal care, pharmaceuticals, detergents & cleaners, food & nutrition, and others. Out of these, the detergents & cleaners segment is anticipated to hold the largest share over the forecast period owing to the rising need for shampoo and body wash followed by the increasing concern related to the hygiene. More than 240 Million Americans used body wash in the year 2020 in the United States.

Global C6 C10 Fatty Alcohol Market Regional Synopsis

Regionally, the global c6 c10 fatty alcohol market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in the Asia Pacific region is projected to hold the largest market share by the end of 2033 on the back of an increasing disposable followed by the growing population. Moreover, there has been a rising demand for bio-based products in the region. According to the India Bioeconomy Report 2021, the bioeconomy size has increased from 62.5 Billion in 2019 to 70.2 Billion in 2020.

Market Segmentation

Our in-depth analysis of the global c6 c10 fatty alcohol market includes the following segments:

Key Companies Dominating the Global C6 C10 Fatty Alcohol Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global c6 c10 fatty alcohol market that are included in our report are Kao Corporation, Procter & Gamble, KLK OLEO, Sasol Limited, Ecogreen Oleochemicals, PPT Chemical Public Company Limited, BASF SE, Musim Mas, Emery Oleochemicals, New Japan Chemical, and others.

Global C6 C10 Fatty Alcohol Market: Latest Developments

• May, 2019: Kao Corporation, announced the completion of the new chemical factory with the joint partnership of Kao Corporation and Apical Group Limited in Indonesia.

• March, 2021: KLK OLEO, announced the expansion of its business in America with a new sales office that will oversees the sales and marketing in the United States.

Key Reasons to Buy Our Report

• The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.

• It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.

• The report includes detailed company profiles of the major players dominating the market.

• We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.

• We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.  

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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