World News: 00:00 GMT Tuesday 14th January 2020. [Reports and Data via Globe Newswire via SPi World News]
New York, Jan. 13, 2020 (GLOBE NEWSWIRE) -- The global fatty alcohol market is forecast to reach USD 7.15 Billion by 2027, according to a new report by Reports and Data. Fatty alcohols can be defined as, usually, straight-chain, high-molecular-weight, primary alcohols. However, these alcohols can range from as less as 4–6 carbons to as many as 22–26 carbons, which are usually derived from natural oils and fats. There are various advantages associated with these alcohols, which are contributing to the growth of the market. In this regard, one of its mentionable feature is unusual surface-active properties, due to which, this product witnessed sizable consumption along with extensive commercial use in synthetic detergents. Two of the commercially used methods for reduction associated with manufacturing these alcohols are hydrogenolysis of either fatty acids or fats and sodium reaction. These two processes of reduction provide different products, which is dependent on the starting raw materials.
In regards to region, North America can be noticed to occupy a prominent market position. The market position held by the region is resultant to elevating awareness among consumers and associated rising demand for bio-based products.
For the purpose of this report, Reports and Data have segmented the global fatty alcohols market according to Product, Raw Material Sources, Application, and Region:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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Globe Newswire: 00:00 GMT Tuesday 14th January 2020
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