Growing Demand For Sustainable & Biodegradable Products Is Expected To Drive Fatty Alcohols Market Till 2022: Grand View Research, Inc

Global fatty alcohols market is expected to reach USD 7.51 billion by 2022, according to a new study by Grand View Research, Inc. Favorable government initiatives in a quest to minimize dependency on petrochemicals coupled with consumer shift towards organic personal care products is expected to drive global fatty alcohols market over the forecast period. Consistent supply of key raw material coupled with the price volatility is expected to a key challenge for market participants. Technological advancements coupled with increasing consumer preference for renewable chemicals are expected to create lucrative opportunities for market participants over the next seven years.

Global fatty alcohols market volume by product, 2012 - 2022 (Kilo Tons)

Soaps & detergents was the most dominant application segment and accounted for 54.6% of total market volume in 2014. Growing natural surfactants and emulsifiers demand in soaps & detergents industry is expected to fuel fatty alcohols demand in this segment over the forecast period. Personal care is expected to witness the highest growth of 4.6% from 2015 to 2022. Growing consumer preference towards organic personal care products is expected to increase penetration of fatty alcohols in this segment.

Browse full research report on Fatty Alcohols Market: www.grandviewresearch.com/industry-analysis/fatty-alcohols-market     

                  

Further key findings from the study suggest:

• Global fatty alcohols market demand was 2,345.8 kilo tons in 2014 and is expected to reach 3,263.2 kilo tons by 2022, growing at a CAGR of 4.3% from 2015 to 2022.
• C11-C14 fatty alcohols were the largest product segment with a market share of over 55% in 2014. C11-C14 fatty alcohols are primarily used in the production of sodium laureth ether sulphate (SLES), a key foaming agent majorly used in body washes and shampoo formulations. Growth of personal care industry is expected to drive this product segment over the next seven years.
• C15-C22 fatty alcohols are expected to witness the highest growth rate of 4.5% globally. Increasing penetration of C15-C22 fatty alcohols in lubricant bases & blending and personal care products such as moisturizers is expected to drive this segment over the forecast period.
• Asia Pacific was the largest consumer as well as producer of fatty alcohols. The region accounted for 35% of global demand in 2014. Increasing downstream demand coupled with rising consumers disposable income is expected to foster the market growth in this region over the next few years. Asia Pacific is also expected to witness the highest growth of 4.9% from 2015 to 2022. Availability of key raw materials in abundance particularly in South East Asia is also expected to have a positive influence on the market growth.  
• Global fatty alcohols market is highly fragmented owing to presence of several small and medium scale companies operating particularly in Asia Pacific and Central & South America. Major companies operating in the global fatty alcohols market include Ecogreen Oleochemicals, Emery Oleochemcials, BASF, Kuala Lumpur Kepong (KLK), Oleon, Sasol, PT Muslim Mas and Kao Chemicals.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/renewable-chemicals                                                                                                                                                               

Grand View Research has segmented the fatty alcohols market on the basis of product, product, application and region:

Global Fatty Alcohols Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• C6-C10 Fatty Alcohols
• C11-C14 Fatty Alcohols
• C15-C22 Fatty Alcohols

Global Fatty Alcohols Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Soaps & Detergents
• Personal Care
• Lubricants
• Amines
• Others

Global Fatty Alcohols Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Netherlands
• Belgium
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-fatty-alcohols-market 

                                                                                                                             

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Stearic Acid Market To Reach $11.01 Billion By 2022: Grand View Research, Inc.

Global stearic acid market is expected to reach USD 11.01 billion by 2022, according to a new study by Grand View Research, Inc. Increasing penetration of organic chemicals across personal care products such as shaving creams, shampoos and soaps is expected drive the global stearic acid market. Benefits such as enhanced shelf life, versatility, excellent binding & thickening properties and stability, as a base for cosmetics are anticipated to strengthen its demand over the forecast period. 

Global stearic acid market estimates and forecast by product, 2012 - 2022 (Kilo Tons)

Powerful surfactant and cleansing properties that assist removal of dirt and oil in the skin are slated to fuel its demand in soaps and detergents. Favorable regulations such as Nutritional Labeling and Education Act (NLEA) of 1990, permitting use of saturated fatty acids in food additives are also expected to impact its demand positively. Hazards related to toxicity coupled with volatile raw material prices are expected to remain a key challenge for market participants.

Soaps & detergents emerged as the largest application segment and accounted for 28.9% of the total market volume in 2014. Growing detergents industry in emerging economies may be attributed for high level of market penetration in the segment.

Browse full research report on Stearic Acid Market: www.grandviewresearch.com/industry-analysis/stearic-acid-market    

                 

Further key findings from the study suggest:

• Global stearic acid demand was 5,744.3 kilo tons in 2014 and is expected to reach 8,129.9 kilo tons by 2022, growing at a CAGR of 4.5% from 2015 to 2022.
• Personal care is projected to witness the fastest growth of 5.1% over the forecast period. Growth of personal care industry in Asia Pacific and Latin America is expected to drive this segment over the forecast period. Surging organic personal care and cosmetic products demand is also estimated to fuel stearic acid demand.
• Growing application scope across various niche segments including metal processing, candle manufacturing, and pharmaceuticals is also expected to drive global stearic acid industry growth in near future.
• Asia Pacific was the largest regional market and accounted for 42.7% of total volume in 2014. Asia Pacific stearic acid market is characterized by rapid industrialization coupled with rising disposable income level particularly in India, China and Indonesia. These factors may be attributed to the rising product demand across various application segments in the region.
• Major companies operating in global stearic acid market include The U.S. Chemical Company LLC., BASF, AkzoNobel, Emery Oleochemicals, Wilmar International, Godrej Industries, Oleon, Pacific Oleochemicals Sdn Bhd, Kao Chemicals, and Kuala Lumpur Kepong (KLK).

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/renewable-chemicals                                                                                                                                                             

For the purpose of this study, Grand View Research has segmented the stearic acid market on the basis of application and region:

Global Stearic Acid Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• Soaps & Detergents
• Intermediates
• Personal Care
• Rubber Processing
• Textile
• Lubricants
• Others

Global Stearic Acid Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Central & South America
• Middle East & Africa 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-stearic-acid-market                                                                                                                          

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Dodecanedioic Acid Market Is Getting Traction Due To Rising demand for nylon 6,12..!!

Global DodecanedioicAcid (DDDA) Market is expected to reach USD 443.3 million by 2022, according to a new study by Grand View Research, Inc. Increasing demand for nylon 6,12 from various end-use industries including polymers, detergents and coatings is expected to drive DDDA market growth over the forecast period. In addition, increasing paints & coatings production is likely to fuel DDDA demand. Development of new coating technologies for the industrial paints has contributed to the growth of DDDA on account of its ability to resist corrosion and provide durable flexible coatings.

Global DDDA market, by product, 2012 - 2022 (Kilo Tons)

Penetration of DDDA in resin applications was highest in 2014, as it is used as a key raw material for manufacturing nylon. Increasing consumption of nylon 6,12 in automotive, electrics & electronics and construction is likely to drive DDDA market production. Growth of these end-use industries is anticipated to subsequently impact market growth in resin applications over the forecast period.

Browse full research report on Dodecanedioic Acid Market: www.grandviewresearch.com/industry-analysis/dodecanedioic-acid-ddda-industry             

Further key findings from the study suggest:

• Asia Pacific was the largest market for DDDA accounting for over 35% of the global volume share in 2014 owing to the presence of a robust industrial base in the region. High potential for industrialization in the region is expected to drive demand for DDDA over the forecast period, making it a high growth market. Discovery of shale gas in the U.S. is expected to open new opportunities in lubricant applicatios in North America in the near future.
• China was the largest producer and consumer of DDDA owing to the presence of a robust polymer and paint & coatings manufacturing base in the country. China accounted for over 25% of the global market volume in 2014 and is expected to maintain its lion’s share over the forecast period.
• Global DDDA demand in adhesives was 3.3 kilo tons in 2014 and is expected to grow at a CAGR of over 5% from 2015 to 2022. Rising importance of high performance adhesives in industrial applications has resulted in growing demand for adhesives. Growth of major end use industries such as construction and automotive, mainly in countries such as China, India and Brazil is expected to drive the global adhesives and sealants market over the next six years.
• Key players present in the global lignin market include Ube, Cathay Industrial Biotech, Verdezyne Inc., Evonik Industries AG, Invista and Santa Cruz Biotechnology Inc. the global industry is characterized by integration by numerous companies across various stages of the value chain. Verdezyne has established a bio-based DDDA plant in Malaysia and as per the company’s outlook, their plant can replace 30% of the global synthetic market.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/renewable-chemicals                                                                                                                                                     

Grand View Research has segmented the global DDDA market on the basis of application and region:

Global DDDA Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Resins
• Powder coatings
• Adhesives
• Lubricants
• Others

Global DDDA Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• Latin America
• Asia Pacific
• China
• India
• MEA

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-dodecanedioic-acid-market 

                                                                                                                    

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com