Global Detergent Alcohol Market By Source (Natural and Synthetic), Application (Domestic & Industrial Cleaning, Cosmetics & Personal Care, Pharmaceutical, Wastewater Treatment, Plasticizer and others) Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Detergent Alcohol Market
Global detergent alcohol market is expected to register a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to the growing awareness regarding hygiene. The report contains data of the base year 2018 and historic year 2017.
Market Definition: Global Detergent Alcohol Market
Detergent alcohol is fatty alcohol in which carbon chain lies between C12-C18. Production process for detergent alcohol is either synthetic or natural. Synthetic detergent alcohol is formed from petrochemical derivatives though natural produced from oils fats, and waxes of animal and plants. They find broad application in personal care, pharmaceutical, plasticizer, wastewater treatment chemicals, industrial and domestic cleaning among others.
- Growing adoption of fatty alcohols in household detergents is driving the market growth
- Growing awareness for maintenance of hygiene will boost the market growth
- Rise in demand for organic cosmetics products will fuel the market growth
- Rising demand of natural oils over chemicals also drives the growth of this market in the forecast period
- Fluctuations in prices of raw materials can hinder the market growth
- Availability of substitutes can also impede the market growth
Segmentation: Global Detergent Alcohol Market
- Domestic & Industrial Cleaning
- Cosmetics & Personal Care
- Wastewater Treatment
- Plasticizer and others
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In June 2019, Guangzhou Liby Enterprise Group Co., Ltd. launched its premium laundry detergent. Pioneers in turning laundry detergent into a liquid essence, this revolutionary product contains 7 essences, boosting 3 times the cleaning power and 4 times the fabric care capability. The main aim for this launch is to improve the capabilities of washing, fabric care and also to fulfil the consumer’s demand of enjoyable washing
- In March 2018, KURARAY CO., LTD acquired Calgon Carbon Corporation. Calgon Carbon will operate as a separate subsidiary of Kuraray. The main aim of this acquisition is to strengthen Kuraray’s focus on human health and environmental sustainability by developing innovative and high quality products in the market of detergent alcohol
Global detergent alcohol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of detergent alcohol market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global detergent alcohol market are BASF SE, Mitsubishi Chemical Corporation, Ashland, Bioamber Inc, Sipchem, LyondellBasell Industries Holdings B.V., ExxonMobil Corporation, DOW, DuPont, Panjiva, Inc., INVISTA, NAN YA PLASTICS CORPORATION, Calgon Carbon Corporation, Kuraray.Co.,Ltd., Reliance Industries Limited among others.
Research Methodology: Global Detergent Alcohol Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved