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North America Fatty Alcohols Market Size, Share & Trends Analysis Report By Type, By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 129 Pages
  • September 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6010267
The North America Fatty Alcohols Market is expected to witness market growth of 5.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 511.4 kilo tonnes, showcasing a growth of 22.4% (2020-2023).

Long-chain fatty alcohols are a type of fatty alcohol characterized by carbon chain lengths typically ranging from C12 to C22. These alcohols are primarily derived from natural sources such as vegetable oils (palm, coconut) and animal fats, or through synthetic processes. In the Fatty Alcohols Market, long-chain fatty alcohols play a vital role due to their superior surfactant and emulsifying properties, making them essential in numerous applications. Therefore, in US, 396.3 kilo tonnes of Long-chain fatty alcohols is expected to be utilized by the year 2031.



The US market dominated the North America Fatty Alcohols Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD1.50 billion by 2031. The Canada market is exhibiting a CAGR of 7% during 2024-2031. Additionally, the Mexico market would experience a CAGR of 6.4% during 2024-2031.

The fatty alcohols market refers to the global marketplace where fatty alcohols are bought and sold for various industrial and commercial purposes. Fatty alcohols are a type of organic compound derived from natural fats and oils, typically consisting of straight-chain or branched-chain alcohols with carbon chain lengths ranging from C6 to C22 or higher. These compounds find extensive applications across industries such as personal care, cosmetics, surfactants, detergents, lubricants, pharmaceuticals, and food additives.

Fatty alcohols are extensively utilized in formulating personal care and cosmetic products due to their emollient, emulsifying, and thickening properties. Common fatty alcohols used in this sector include cetyl alcohol, stearyl alcohol, and cetostearyl alcohol. These ingredients contribute to the texture, stability, and performance of skincare creams, lotions, and moisturizers by providing skin hydration, softening, and barrier protection. Similarly, fatty alcohols are key ingredients in producing surfactants, essential components in detergents, cleaning agents, and emulsifiers. Surfactants derived from fatty alcohols exhibit excellent surface-active properties, enabling them to reduce surface tension, disperse oils and dirt, and improve wetting and foaming characteristics.

The emphasis on sustainable agricultural practices in Mexico is impacting the sourcing of raw materials for fatty alcohol production. As producers seek eco-friendly options, the market is likely to see an increase in fatty alcohols derived from sustainably sourced fats and oils. The Mexican government's push for food safety and quality regulations encourages food manufacturers to adopt clean-label practices. This support drives the use of fatty alcohols, which can be marketed as natural ingredients, aligning with consumer demand for transparency. Hence, the increasing food industry in the region is propelling the market's growth.

List of Key Companies Profiled

  • Wilmar International Limited
  • Kao Corporation
  • Kuala Lumpur Kepong Berhad (Davos Life Science)
  • Arkema S.A.
  • The Procter & Gamble Company
  • Sasol Limited
  • Emery Oleochemicals LLC
  • BASF SE
  • Univar Solutions, Inc.
  • Saudi Basic Industries Corporation (SABIC)

Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Long Chain
  • Pure & Mid Cut
  • Short Chain
  • Higher Chain

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Soaps & Detergents
  • Personal Care
  • Plasticizers
  • Lubricants
  • Pharmaceutical Formulation
  • Amines
  • Other Applications

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fatty Alcohols Market, by Type
1.4.2 North America Fatty Alcohols Market, by Application
1.4.3 North America Fatty Alcohols Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Fatty Alcohols Market by Type
4.1 North America Long Chain Market by Country
4.2 North America Pure & Mid Cut Market by Country
4.3 North America Short Chain Market by Country
4.4 North America Higher Chain Market by Country
Chapter 5. North America Fatty Alcohols Market by Application
5.1 North America Soaps & Detergents Market by Country
5.2 North America Personal Care Market by Country
5.3 North America Plasticizers Market by Country
5.4 North America Lubricants Market by Country
5.5 North America Pharmaceutical Formulation Market by Country
5.6 North America Amines Market by Country
5.7 North America Other Applications Market by Country
Chapter 6. North America Fatty Alcohols Market by Country
6.1 US Fatty Alcohols Market
6.1.1 US Fatty Alcohols Market by Type
6.1.2 US Fatty Alcohols Market by Application
6.2 Canada Fatty Alcohols Market
6.2.1 Canada Fatty Alcohols Market by Type
6.2.2 Canada Fatty Alcohols Market by Application
6.3 Mexico Fatty Alcohols Market
6.3.1 Mexico Fatty Alcohols Market by Type
6.3.2 Mexico Fatty Alcohols Market by Application
6.4 Rest of North America Fatty Alcohols Market
6.4.1 Rest of North America Fatty Alcohols Market by Type
6.4.2 Rest of North America Fatty Alcohols Market by Application
Chapter 7. Company Profiles
7.1 Wilmar International Limited
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.2 Kao Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments
7.2.5.1 Product Launches and Product Expansions
7.2.6 SWOT Analysis
7.3 Kuala Lumpur Kepong Berhad (Davos Life Science)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments
7.3.5.1 Acquisition and Mergers
7.3.6 SWOT Analysis
7.4 Arkema S.A.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 The Procter & Gamble Company
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 SWOT Analysis
7.6 Sasol Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Emery Oleochemicals LLC
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 BASF SE
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 SWOT Analysis
7.9 Univar Solutions, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental Analysis
7.9.4 SWOT Analysis
7.10. SABIC (Saudi Arabian Oil Company)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 SWOT Analysis

Companies Mentioned

Some of the key companies in the North America Fatty Alcohols Market include:
  • Wilmar International Limited
  • Kao Corporation
  • Kuala Lumpur Kepong Berhad (Davos Life Science)
  • Arkema S.A.
  • The Procter & Gamble Company
  • Sasol Limited
  • Emery Oleochemicals LLC
  • BASF SE
  • Univar Solutions, Inc.
  • Saudi Basic Industries Corporation (SABIC)

Methodology

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