Synthetic Fatty Alcohol Market, Global Outlook and Forecast 2024-2030
The global Synthetic Fatty Alcohol market size was valued at US$ 5.67 billion in 2024 and is projected to reach US$ 7.89 billion by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.
The United States Synthetic Fatty Alcohol market size was valued at US$ 1.45 billion in 2024 and is projected to reach US$ 1.98 billion by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Synthetic Fatty Alcohols are industrial chemicals produced through petrochemical processes, used in surfactants and personal care products.
The global market is growing steadily, driven by detergent industry demand and personal care applications. In 2023, production reached 3.5 million metric tons globally, with detergent manufacturing accounting for 55% of consumption. The market saw a 25% increase in bio-based alcohol adoption in 2023. Linear alcohols dominate with a 65% market share, while branched alcohols are growing at 7% annually. Asia Pacific leads with a 50% market share and is the fastest-growing region at 6.2% CAGR. The industry is focusing on developing sustainable production methods, with a 30% growth in R&D investments for bio-based alternatives.
Report Overview
Synthetic Fatty Alcohol is a type of alcohol produced through chemical synthesis, typically derived from petrochemical sources. It finds applications in various industries, including personal care, cosmetics, and detergents.
This report provides a deep insight into the global Synthetic Fatty Alcohol market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Synthetic Fatty Alcohol Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Synthetic Fatty Alcohol market in any manner.
Global Synthetic Fatty Alcohol Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Kao Chem
Ecogreen Oleo
KLK Oleo
Emery
PTTGC
Sasol
Basf
P&G Chem
Musim Mas
Market Segmentation (by Type)
C8-C10 Alcohol
C12-C14 Alcohol
C14-C16 Alcohol
C16-C18 Alcohol
Others
Market Segmentation (by Application)
Cosmetics & Personal Care
Plasticizers
Chemical Intermediate
Others
Geographic Segmentation
