Global and Japan Fatty Alcohol Market; By Application (Lubricants, Industrial & Domestic Cleaning, Plasticizers, Food & Nutrition and Personal Care); By Type (Pure & Mid Cut, short Chain, Long Chain, and Higher Chain); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Fatty alcohols are primary alcohols consisting of high molecular mass. They range from 4-6 carbon to 24-25 carbon and are derived from naturally occurring oils and fats. The length of the chain relies on the source. Some commercially important fatty alcohols are myristyl alcohol (C14), stearyl alcohol (C18), lauryl alcohol (C12), behenyl alcohol (C22) and cetyl alcohol (C16). They are colorless oily fluids (for smaller carbon numbers) or waxy solids, whereas adulterated samples can appear yellowish. Fatty alcohols typically have an even number of carbon atoms and a unique alcohol group (– OH) bonded to the terminal carbon.
Fatpos Global anticipates the Global and Japan Fatty Alcohol market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. According to the report, rising demand for fatty acids, combined with growing numbers of surfactant-based industries are the main drivers of global market growth in fatty alcohol. Most grooming products, detergents, soaps, oil, etc. often use fatty alcohols and therefore there is a rise in number of businesses. Another aspect that drives global demand growth is the abundance of cheap raw materials available in developing nations.
Global and Japan Fatty Alcohol Market: Segments
Global and Japan market has been segmented on the basis of type, application, and by location. It has been further segmented by countries into Eastern Japan, Western Japan, Southern Japan and Northern Japan
By type (in %), Global and Japan Fatty Alcohol Market, 2019
The Pure & Mid Cut is anticipated to register XX% of the volume share.
Global and Japan Fatty Alcohol Market is segmented by type into: Pure & Mid Cut, short Chain, Long Chain, and Higher Chain During the projected timeframe, the pure and mid-cut segments represented the huge market share. Market growth in this sector is based on the tremendous growth of Sodium Laureth Sulfate (SLS) and Sodium Lauryl Ether Sulfate (SLES), which are used in many items for personal grooming, such as soaps, shampoos, toothpastes and other items. This fuels the segment growth during the forecast period.
Global and Japan Fatty Alcohol Market: Market Dynamics
• COVID-19 outbreak
In surfactant industries, products such as personal care and cosmetics and soap & detergents, the market spread of natural fatty alcohols have increased. As a result of the global COVID-19 pandemic, the use of home care and personal care items is becoming increasingly important as people are becoming conscious.
• Variable price
Variable prices of raw material may hinder worldwide market growth in fatty alcohol. Moreover, the excess fatty alcohol output by manufacturing firms is another factor that may contribute to a rise in fatty alcohol supply that could impact prices negatively.
Global and Japan Fatty Alcohol Market: Regions
The expansion of global fatty alcohol markets in Japan is driven by the rising number of industries based on surfactants such as plastics, polymers, food processing, etc. Moreover, the growth of the target market in the region is driven by growing disposable income and changing lifestyles of the demography.
Globally, Due to its rising use in different industry vertical such as personal care, industrial and home cleaning applications, Asia – pacific is the biggest and fastest growing fatty alcohol industry. Demand growth in China, South Korea, Taiwan is due to the increasing population, increasing disposable incomes and economic development. These figures are anticipated in the projected timeframe to increase demand for fatty alcoholics in the region. The region in Japan segment can be further divided into four major types including Eastern Japan, Northern Japan, Western Japan and Southern Japan.
Global and Japan Fatty Alcohol Market: Competitive landscape
Key players depend on national and local suppliers in order to expand their share and their worldwide economy reach. Mergers and acquisitions are one of the main approaches used in this market. Inorganic growth approaches are being implemented by businesses in order to meet rising competition in the main emerging markets, such as purchases of fatty alcohol market.
Global and Japan Fatty Alcohol Market: Key Players
• Kao Corporation (Japan)
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Kuala Lumpur Kepong Berhad (Malaysia)
• Emery Oleo Chemicals (Malaysia)
• Royal Dutch Shell Plc. (Netherlands)
• Procter & Gamble (US)
• Musim Mas Holdings (Singapore)
• Wilmar International Ltd. (Singapore)
• Sasol (South Africa)
• Godrej Industries Limited (India)
• Other prominent players
Global and Japan Fatty Alcohol market report also contains analysis on:
• Global and Japan Fatty Alcohol Market Segments:
o By Application:
Industrial & Domestic Cleaning
Food & Nutrition
o By Type into:
Pure & Mid Cut
• Global and Japan Fatty Alcohol Market Dynamics
• Global and Japan Fatty Alcohol Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints