According to the study, “Global
C6-C10 Fatty Alcohol Market Size study, by Type (1-Hexanol (C6),
1-Octanol (C8), 1-Decanol (C10)), by Application (Cosmetics & Personal
Care, Flavors & Fragrance, Plasticizers, Chemical Intermediate, Industrial
& Institutional Cleaning, Stabilizers, Agriculture, Water Treatment
Chemicals) and Regional Forecasts 2018-2025” some of the major companies that
are currently working in the global C6-C10 fatty alcohol market are Ecogreen Oleochemocals,
Kuala Lumpur Kepong Berhad (KLK) Oleo, Kao Chem Corporation, VVF L.L.C., PTTGC,
Emergy Oleochemical, Musim Mas Holdings, Oleon N.V., Procter & Gamble (P
& G) Chem, Wilmar International Ltd., Basf, Royal Dutch Shell plc, Sasol
Limited.
C6-C10 is a fatty alcohol with high-molecular
weight, straight chain crucial alcohols. Broadly the range of fatty alcoholics from
4-6 carbons to 22-26 carbons and it is derived from the natural oils &
fats. The accurate chain length of the fatty alcohol varies with the source. The
fatty alcohol market is relatively small compared with the elevated grade fatty
alcohol type. The prime area of application of the fatty alcohol is in the
fields of plasticizers & chemical intermediate and cosmetic & personal
care. The established areas are plasticizers and surfactants. The C6-C10 fatty alcohol
is used as an emollient, emulsifier, and thickeners used in the cosmetic &
food industry. Some of the other benefits associated with fatty alcohol include
the effective, biodegradability and high cost of effectiveness over the water
recycling.
Based on type, global C6-C10 fatty alcohol market is
segmented into1-Decanol (C10), 1-Octanol (C8), 1-Hexanol (C6). Based on product
type, market is segmented into long chain, short chain and others. Based on
application form, market is segmented into cosmetics & personal care,
plasticizers, flavors & fragrance, chemical intermediate, stabilizers,
industrial & institutional cleaning, agriculture and water treatment
chemicals. As for the applications, among various fields, consumption volume
from cosmetic and personal care is the largest.
The global C6-C10 fatty alcohol market is primarily
driven by the increasing demand of biodegradable and sustainable products,
followed by the favorable government initiatives, increasing disposable income,
growing population and increasing demand for bio-based products in the personal
care industry. Apart from the benefits, some of the other factors hampering the
market include the volatile
costs of raw material and the low-profit margins for refiners. In addition, the
emerging markets are expected to provide lucrative growth in the market.
The Asia Pacific region is dominated by the market, which
closely trailed by the North America region due to rise in disposable income,
improving lifestyles, and the rapid growth of population along with the
middle-class population in the emerging countries such as India & China.
The development of C6 is attributed to the abundant availability of raw
materials followed by the growing demand of soaps & detergents and other beauty
products.
The Global C6-C10 fatty alcohol market expected to increase
by 340 million USD by 2025, from 200 million USD in 2018, at a CAGR of 6.9%
during the projected period. In the upcoming years, it is further estimated
that the favorable government initiatives are expected to minimize the dependency
of the petrochemicals coupled with increase in support towards the organic and personal
care products over the forecast period.
For more information on the research
report, refer to below link:
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