Increase in Demand of Biodegradable and Sustainable Products, Followed Favorable Government Initiatives Set to Drive Global C6-C10 Fatty Alcohol Market over the Forecast Period: Ken Research

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.

Global C6-C10 Fatty Alcohol Market

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: 

Global C6-C10 Fatty Alcohol Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

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