Detergent Alcohols Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 20222028
Detergent Alcohols Market was valued at USD 17.8 billion in 2020 and is expected to grow at a CAGR of 8% between 2022-2028. The detergent alcohol process converts fatty acids into non-acidic intermediate methyl esters and hydrogenates them into alcohols. Methanol vapor passes the opposite current to the fatty acid ensuring an almost complete conversion of the fatty acid to the methyl ester. Alcohol – based detergents were more expensive than linear alkyl benzenesulfonate(LAS), the main component of most synthetic detergents. The cost difference seems to be narrowing considerably, and it seems that alcohol-based detergents will replace LAS at a faster rate in the future.
Based on the application, domestic&industrial segments have favorable growth during the forecast period due to their increase in use of nonionic surfactants to inhibit the use of detergents. As investment in the commercial as well as residential sectors increases, the growth of the natural detergent alcohol market is set to drive. An increase in the environment and health concerns the use of natural based detergent alcohol fuels market growth. In the manufacture of raw materials used as natural detergent alcohol is also used as a cleaning and textile cleaning products for surfactants and as an industrial cleaning agent as synthetic alcohol is used.
Top Major Key Players Industries:
- BASF,
- Ecogreen Oleochemicals,
- Emery Olechemicals,
- Johnson Matthey,
- Kao Corporation,
- Kepong Berhad,
- Kuala Lumpur Ecogreen Oleochemicals,
- Musim Mas Holdings Pte. Ltd,
- OLEO International, Procter & Gamble,
- Royal Dutch Shell plc,
- SABIC, Sasol Limited,
- Wilmar International Ltd.
By Sources:
• Drying Oils
• Semi-Drying Oils
• Non Drying Oils (Soft Oils)
• Tropical Oils (Fats)
• Wax
• Animal Fats
By Grades:
• Glycerin
• C6-C8
• C8-C18
• C11 Alcohol
• C13 Alcohol
• C12-C18
• Sulfates
• Alkyl Polyglycoside
• Alcohol Ethoxylates
• Sodium Carbonate
By Applications:
• Cosmetics and Personal Care
• Household
• Health & Dietary
• Domestic & Industrial
• Pharmaceutical
• Mass Transportation
• Food & Beverage
• Textiles & Paints
• Agriculture
• Soaps and Detergents
• Kitchen Hygiene
• Fuel Additives
• Leather Processing
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
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