Fatty Alcohols Market to Reach USD 9.63 Billion by 2032,
From GlobeNewswire: 2025-06-02 09:30:00
The Fatty Alcohols Market was valued at USD 6.05 billion in 2024 and is projected to reach USD 9.63 billion by 2032 with a CAGR of 5.97%. Growing demand for sustainable ingredients in personal care drives market growth, with the US leading at a 74% market share in 2024. Companies like BASF and Kao Corporation are expanding production to meet demand.
The US Fatty Alcohols Market is growing due to consumer demand for natural personal care products. Regulatory support for bio-based ingredients is driving market expansion, with organizations like the EPA endorsing sustainable chemical processes. Stepan Company is investing in renewable feedstock production, fueling market growth in the US.
Long-chain fatty alcohols dominated the market in 2023 with a 39% share, driven by their emulsification and moisturizing properties. Cargill’s expansion in this segment targeted personal care and pharmaceutical industries. These variants derived from sustainable sources are preferred for their stability and compatibility with various formulations.
Soaps & Detergents led the Fatty Alcohols Market in 2023 with a 32% share, driven by demand for eco-friendly cleaning products. Fatty alcohols are key in producing biodegradable surfactants, meeting environmental regulations. Procter & Gamble’s launch of biodegradable detergents boosted segment growth, reflecting consumer focus on sustainability.
Asia Pacific held a 41% market share in the Fatty Alcohols Market in 2023, driven by urbanization and growing middle-class demand for personal care products. Countries like China and India invest in cosmetic and hygiene product manufacturing, benefiting fatty alcohol manufacturers. Government incentives support the pharmaceutical and lubricant sectors, sustaining demand in the region.
Read more at GlobeNewswire: Fatty Alcohols Market to Reach USD 9.63 Billion by 2032,