Detergent alcohols are basically fatty alcohols with carbon chain length in the range between of C12-C18. They are produced both through natural and synthetic resources. Naturally, detergent alcohols are obtained through resources such as oils, fats and waxes of plant or animal, while synthetically, they are derived from petrochemical derivatives. Detergent alcohols are mainly used as raw material for the manufacturing of surfactants and detergents, which are used in household and industrial cleaning applications. Detergent alcohols are also used as a polymerization aid, plasticizer and antioxidant in polymers and plastic processing. Numerous different types of detergent alcohols are available in the market which are used for their various application in household detergents, industrial cleaners, lube oil additive, oil field chemical and others. Due to their vast use across various end-use industries, detergent alcohols are expected to register a significant increase in their global demand and the market is expected to expand at a healthy CAGR over the forecast period of 2016-2026.
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Global Detergent Alcohol Material Market Dynamics
Detergent alcohols find their major application in household/ industrial detergents and cleaners, personal care products, plasticizers and processing aid, lube oil additive, oilfield chemical, water and wastewater treatment chemicals and others. With holistic growth in these end-use industries, demand for detergent alcohols is also expected to increase at proportionately high CAGR through 2026. The abundant availability of raw material and increase in use of the detergent alcohol in variety of new application is also expected to augment market of detergent alcohol both on the supply as well as demand side. Personal care segment, which include products such as soaps, shampoos, shower gels etc., is expected to witness high growth rate in the global detergent alcohol market between 2016 and 2026. Use of biodegradable and organic content is expected to be the main driving force for the use of detergent alcohols in personal care products.
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Global Detergent Alcohol Market Segmentation
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Global Detergent Alcohols Market: Regional Outlook
Detergent alcohol finds its major application in consumer products. Due to high population and number of consumers, APEJ region is expected to hold a significant market share in the global detergent alcohol market. Besides, due to growing population and industrialization, APEJ detergent alcohol market is expected to registrar a high CAGR between 2016 and 2026. China is anticipated to remain a key consumer and producer of detergent alcohols in the global market.
Global Detergent Alcohols Market Players
Some of the key players identified in the global detergent alcohol market include Sasol Limited, Kao Corporation, Kuala Lumpur Ecogreen Oleochemicals, Musim Mas Holdings, Royal Dutch Shell plc, VVF L.L.C., Kepong Berhad (KLK), Procter & Gamble, Emery Oleochemicals, Wilmar International Ltd and others.
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Regional analysis includes:
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High demand for detergent alcohol as a raw material in the manufacturing of detergents and surfactants drives the growth in the market. A wide range of applications such as antioxidants in polymers, polymerization aid, and plastic processing broadens the capacity of the market to generate revenue. The growing application in the personal care segment that includes products such as shampoos and shower gel is expected to boost the growth of the global market. The rise in awareness regarding sustainability has surged the demand for organic and biodegradable detergent alcohol, especially personal care products. The household and industrial sectors are expected to generate major revenue in the market in the coming decade. Other major applications in the market include wastewater treatment, welding and fabrication, and lubricant additive.
Leading regions in the global market include Latin America, North America, Japan, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East, and Africa. APEJ region is expected to hold a major market share in the coming years owing to the escalating consumption of consumer products. China is estimated to lead the growth as a consumer as well as producer.
Prominent market players profiled in the global market are Musim Mas Holdings, Procter & Gamble, Wilmar International Ltd., Royal Dutch Shell plc, Sasol Limited, and Kuala Lumpur Ecogreen Oleochemicals.