Fatty Alcohols Market
REPORT DESCRIPTION
Fatty Alcohols ( C6-C10 , C11-C14 , C15-C22 and Others ) Market for Detergents & Soaps , Personal Care , Plasticizers , Lubricants , and Other Applications - Global Industry Analysis , Size , Share , Growth , Trends and Forecast 2015 - 2023
The growing accessibility of raw materials such as corn , rapeseed , and soy in Indonesia , Malaysia , and China , manufacturers of fatty alcohols are focus on Asia Pacific instead of North America and Europe , states Transparency Market Research ( TMR ) in a research report . Manufacturers are thus motivated towards expanding their production divisions in the Asia Pacific region . Companies operating in the global fatty alcohols market can benefit from the opportunities arising from the escalating sales of beauty products and cosmetics in BRICS countries . The chief participants in the market include Wilmar International Ltd ., Musim Mas Holdings , VVF L . L . C ., Procter & Gamble Emery Oleochemicals , Ecogreen Oleochemicals , Kuala Lumpur Kepong Berhad , Kao Corporation , Royal Dutch Shell plc ., and Sasol Limited .
The global fatty alcohols market is expected to expand at a 5.1 % CAGR from 2015 to 2023 . The market is projected to rise to US $ 5.48 bn by the end of 2023 from a valuation of US $ 3.52 bn in 2014 .
View Exclusive Global Strategic Business Report : http :// www . transparencymarketresearch . com / sample / sample . php ? flag = S & rep _ id = 12 79
Consumption of C11-C14 to Intensify across Several End-Use Industries On the basis of volume , the C11-C14 fatty alcohols surfaced as the leading product segment in the global market for fatty alcohols . In 2014 , it accounted for a share of almost 50 %. It is predicted to hold on to a lead until 2023 . The chief cause behind the dominance of C11-C14 fatty alcohols is its wideranging application . C11-C14 is also projected to lead the market based on growth until 2023 closely trailed by C15-C22 fatty alcohols owing to its growing demand from various end-use industries . Among the applications , the detergents and soaps segment headed the market in 2014 with a share of around 60 %. Nevertheless , personal care is expected to emerge as the leading segment in terms of growth .
Transparency Market Research
2