Naturally Derived Fatty Alcohol Market Outlook (2022 to 2032)

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 USD 2821 Million and 2032 revenues of USD 5250.82 Million.

Report Attribute Details
Naturally Derived Fatty Alcohol Market Value (2022) USD 2821 Million
Naturally Derived Fatty Alcohol Market Anticipated Value (2032) USD 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:

  • The growing market for personal care items is made with all-natural substances like soap and detergent. Rising public awareness of the negative effects of using fatty alcohols obtained from petroleum
  • Businesses invest in the research and development of biodegradable, organically produced products and chemicals made from bio-based raw materials.
  • Concerns over the fluctuating cost of petrochemical-based goods
  • Regulations from government organizations like REACH addressing environmental problems
  • Expansion of reliable raw material supplies
  • Rising consumer awareness and the subsequent increased demand for hygiene products.

Trends Shaping the Naturally Derived Fatty Alcohol Industry in 2022

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 USD 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.

A notable development is an ever-increasing demand for products made from renewable sources

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.

Drivers & Restraints of the Naturally Derived Fatty Alcohol Market

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.

Regional Insights

In 2020, the Asia Pacific naturally derived fatty alcohol market was worth USD 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.

Report Scope

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 USD 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 North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Countries Profiled USA; Canada; Brazil; Argentina; Germany; United Kingdom; France; Spain; Italy; Nordics; BENELUX; Australia & New Zealand; China; India; ASEAN; GCC Countries; South Africa
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

Key Segments

Sources:

  • Tallow
  • Lard
  • Poultry
  • Palm Kernel Oil
  • Coconut Oil
  • Palm Oil
  • Soya Oil
  • Sunflower Oil
  • Rape Oil
  • Honeybee Wax
  • Jojoba Oil
  • Whale Oil Etc.

Application:

  • Cosmetics And Personal Care
  • Soap And Detergents
  • Pharmaceuticals
  • Food & Beverages
  • Textile And Leather Processing
  • Others

Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa(MEA)
  • Europe

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sources
    • 5.1. Animal Fats
      • 5.1.1. Tallow
      • 5.1.2. Lard
      • 5.1.3. Poultry
    • 5.2. Tropical Oils
      • 5.2.1. Palm Kernel Oil
      • 5.2.2. Coconut Oil
      • 5.2.3. Palm Oil
    • 5.3. Soft Oils
      • 5.3.1. Soya Oil
      • 5.3.2. Sunflower Oil
      • 5.3.3. Rape Oil
    • 5.4. Other Sources
      • 5.4.1. Honeybee Wax
      • 5.4.2. Jojoba Oil
      • 5.4.3. Whale Oil
      • 5.4.4. Others
  • 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    • 6.1. Cosmetics and Personal Care
    • 6.2. Soap and Detergents
    • 6.3. Pharmaceuticals
    • 6.4. Food & Beverages
    • 6.5. Textile and Leather Processing
    • 6.6. Other Applications
  • 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Europe
    • 7.4. Asia Pacific
    • 7.5. Middle East and Africa (MEA)
  • 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 12. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 13. Key Countries Market Analysis
  • 14. Market Structure Analysis
  • 15. Competition Analysis
    • 15.1. BASF
    • 15.2. Procter & Gamble
    • 15.3. Sasol
    • 15.4. Shell Chemicals
    • 15.5. Ecogreen Oleochemicals
    • 15.6. Kao Chemicals
    • 15.7. Wilmar Oleo
    • 15.8. Musim Mass
    • 15.9. Emery Oleo
    • 15.10. Oxiteno
    • 15.11. Jiahua
  • 16. Assumptions & Acronyms Used
  • 17. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032

Table 2: Global Market Volume (Tons) Forecast by Region, 2017 to 2032

Table 3: Global Market Value (US$ Million) Forecast by Sources, 2017 to 2032

Table 4: Global Market Volume (Tons) Forecast by Sources, 2017 to 2032

Table 5: Global Market Value (US$ Million) Forecast by Application, 2017 to 2032

Table 6: Global Market Volume (Tons) Forecast by Application, 2017 to 2032

Table 7: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 8: North America Market Volume (Tons) Forecast by Country, 2017 to 2032

Table 9: North America Market Value (US$ Million) Forecast by Sources, 2017 to 2032

Table 10: North America Market Volume (Tons) Forecast by Sources, 2017 to 2032

Table 11: North America Market Value (US$ Million) Forecast by Application, 2017 to 2032

Table 12: North America Market Volume (Tons) Forecast by Application, 2017 to 2032

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 14: Latin America Market Volume (Tons) Forecast by Country, 2017 to 2032

Table 15: Latin America Market Value (US$ Million) Forecast by Sources, 2017 to 2032

Table 16: Latin America Market Volume (Tons) Forecast by Sources, 2017 to 2032

Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2017 to 2032

Table 18: Latin America Market Volume (Tons) Forecast by Application, 2017 to 2032

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 20: Europe Market Volume (Tons) Forecast by Country, 2017 to 2032

Table 21: Europe Market Value (US$ Million) Forecast by Sources, 2017 to 2032

Table 22: Europe Market Volume (Tons) Forecast by Sources, 2017 to 2032

Table 23: Europe Market Value (US$ Million) Forecast by Application, 2017 to 2032

Table 24: Europe Market Volume (Tons) Forecast by Application, 2017 to 2032

Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 26: Asia Pacific Market Volume (Tons) Forecast by Country, 2017 to 2032

Table 27: Asia Pacific Market Value (US$ Million) Forecast by Sources, 2017 to 2032

Table 28: Asia Pacific Market Volume (Tons) Forecast by Sources, 2017 to 2032

Table 29: Asia Pacific Market Value (US$ Million) Forecast by Application, 2017 to 2032

Table 30: Asia Pacific Market Volume (Tons) Forecast by Application, 2017 to 2032

Table 31: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 32: MEA Market Volume (Tons) Forecast by Country, 2017 to 2032

Table 33: MEA Market Value (US$ Million) Forecast by Sources, 2017 to 2032

Table 34: MEA Market Volume (Tons) Forecast by Sources, 2017 to 2032

Table 35: MEA Market Value (US$ Million) Forecast by Application, 2017 to 2032

Table 36: MEA Market Volume (Tons) Forecast by Application, 2017 to 2032

List of Figures

Figure 1: Global Market Value (US$ Million) by Sources, 2022 to 2032

Figure 2: Global Market Value (US$ Million) by Application, 2022 to 2032

Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032

Figure 5: Global Market Volume (Tons) Analysis by Region, 2017 to 2032

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 8: Global Market Value (US$ Million) Analysis by Sources, 2017 to 2032

Figure 9: Global Market Volume (Tons) Analysis by Sources, 2017 to 2032

Figure 10: Global Market Value Share (%) and BPS Analysis by Sources, 2022 to 2032

Figure 11: Global Market Y-o-Y Growth (%) Projections by Sources, 2022 to 2032

Figure 12: Global Market Value (US$ Million) Analysis by Application, 2017 to 2032

Figure 13: Global Market Volume (Tons) Analysis by Application, 2017 to 2032

Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 16: Global Market Attractiveness by Sources, 2022 to 2032

Figure 17: Global Market Attractiveness by Application, 2022 to 2032

Figure 18: Global Market Attractiveness by Region, 2022 to 2032

Figure 19: North America Market Value (US$ Million) by Sources, 2022 to 2032

Figure 20: North America Market Value (US$ Million) by Application, 2022 to 2032

Figure 21: North America Market Value (US$ Million) by Country, 2022 to 2032

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 23: North America Market Volume (Tons) Analysis by Country, 2017 to 2032

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 26: North America Market Value (US$ Million) Analysis by Sources, 2017 to 2032

Figure 27: North America Market Volume (Tons) Analysis by Sources, 2017 to 2032

Figure 28: North America Market Value Share (%) and BPS Analysis by Sources, 2022 to 2032

Figure 29: North America Market Y-o-Y Growth (%) Projections by Sources, 2022 to 2032

Figure 30: North America Market Value (US$ Million) Analysis by Application, 2017 to 2032

Figure 31: North America Market Volume (Tons) Analysis by Application, 2017 to 2032

Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 34: North America Market Attractiveness by Sources, 2022 to 2032

Figure 35: North America Market Attractiveness by Application, 2022 to 2032

Figure 36: North America Market Attractiveness by Country, 2022 to 2032

Figure 37: Latin America Market Value (US$ Million) by Sources, 2022 to 2032

Figure 38: Latin America Market Value (US$ Million) by Application, 2022 to 2032

Figure 39: Latin America Market Value (US$ Million) by Country, 2022 to 2032

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2017 to 2032

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 44: Latin America Market Value (US$ Million) Analysis by Sources, 2017 to 2032

Figure 45: Latin America Market Volume (Tons) Analysis by Sources, 2017 to 2032

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Sources, 2022 to 2032

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Sources, 2022 to 2032

Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2017 to 2032

Figure 49: Latin America Market Volume (Tons) Analysis by Application, 2017 to 2032

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 52: Latin America Market Attractiveness by Sources, 2022 to 2032

Figure 53: Latin America Market Attractiveness by Application, 2022 to 2032

Figure 54: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 55: Europe Market Value (US$ Million) by Sources, 2022 to 2032

Figure 56: Europe Market Value (US$ Million) by Application, 2022 to 2032

Figure 57: Europe Market Value (US$ Million) by Country, 2022 to 2032

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 59: Europe Market Volume (Tons) Analysis by Country, 2017 to 2032

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 62: Europe Market Value (US$ Million) Analysis by Sources, 2017 to 2032

Figure 63: Europe Market Volume (Tons) Analysis by Sources, 2017 to 2032

Figure 64: Europe Market Value Share (%) and BPS Analysis by Sources, 2022 to 2032

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Sources, 2022 to 2032

Figure 66: Europe Market Value (US$ Million) Analysis by Application, 2017 to 2032

Figure 67: Europe Market Volume (Tons) Analysis by Application, 2017 to 2032

Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 70: Europe Market Attractiveness by Sources, 2022 to 2032

Figure 71: Europe Market Attractiveness by Application, 2022 to 2032

Figure 72: Europe Market Attractiveness by Country, 2022 to 2032

Figure 73: Asia Pacific Market Value (US$ Million) by Sources, 2022 to 2032

Figure 74: Asia Pacific Market Value (US$ Million) by Application, 2022 to 2032

Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2022 to 2032

Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 77: Asia Pacific Market Volume (Tons) Analysis by Country, 2017 to 2032

Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Sources, 2017 to 2032

Figure 81: Asia Pacific Market Volume (Tons) Analysis by Sources, 2017 to 2032

Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Sources, 2022 to 2032

Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Sources, 2022 to 2032

Figure 84: Asia Pacific Market Value (US$ Million) Analysis by Application, 2017 to 2032

Figure 85: Asia Pacific Market Volume (Tons) Analysis by Application, 2017 to 2032

Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 88: Asia Pacific Market Attractiveness by Sources, 2022 to 2032

Figure 89: Asia Pacific Market Attractiveness by Application, 2022 to 2032

Figure 90: Asia Pacific Market Attractiveness by Country, 2022 to 2032

Figure 91: MEA Market Value (US$ Million) by Sources, 2022 to 2032

Figure 92: MEA Market Value (US$ Million) by Application, 2022 to 2032

Figure 93: MEA Market Value (US$ Million) by Country, 2022 to 2032

Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 95: MEA Market Volume (Tons) Analysis by Country, 2017 to 2032

Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 98: MEA Market Value (US$ Million) Analysis by Sources, 2017 to 2032

Figure 99: MEA Market Volume (Tons) Analysis by Sources, 2017 to 2032

Figure 100: MEA Market Value Share (%) and BPS Analysis by Sources, 2022 to 2032

Figure 101: MEA Market Y-o-Y Growth (%) Projections by Sources, 2022 to 2032

Figure 102: MEA Market Value (US$ Million) Analysis by Application, 2017 to 2032

Figure 103: MEA Market Volume (Tons) Analysis by Application, 2017 to 2032

Figure 104: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 105: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 106: MEA Market Attractiveness by Sources, 2022 to 2032

Figure 107: MEA Market Attractiveness by Application, 2022 to 2032

Figure 108: MEA Market Attractiveness by Country, 2022 to 2032

Frequently Asked Questions

Which Region Leads the Naturally Derived Fatty Alcohol Market?

Europe is anticipated to lead the naturally derived fatty alcohol market during the forecast period.

How much Growth Potential does Naturally Derived Fatty Alcohol Market hold?

The naturally derived fatty alcohol market is likely to hold a valuation of USD 5250.82 Million by 2032.

What is the Growth Outlook for the Naturally Derived Fatty Alcohol Market?

The growth outlook of the naturally derived fatty alcohol market is predicted to advance at a CAGR of 6.4% from 2022 to 2032.

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