North America Fatty Alcohols Market Size, Share & Trends Analysis Report By Type (Long Chain, Pure & Mid Cut, Short Chain, and Higher Chain), By Application, By Country and Growth Forecast, 2024 - 2031

North America Fatty Alcohols Market Size, Share & Trends Analysis Report By Type (Long Chain, Pure & Mid Cut, Short Chain, and Higher Chain), By Application, By Country and Growth Forecast, 2024 - 2031

The North America Fatty Alcohols Market would witness market growth of 5.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 511.4 kilo tonnes, showcasing a growth of 22.4% (2020-2023).

Long-chain fatty alcohols are a type of fatty alcohol characterized by carbon chain lengths typically ranging from C12 to C22. These alcohols are primarily derived from natural sources such as vegetable oils (palm, coconut) and animal fats, or through synthetic processes. In the Fatty Alcohols Market, long-chain fatty alcohols play a vital role due to their superior surfactant and emulsifying properties, making them essential in numerous applications. Therefore, in US, 396.3 kilo tonnes of Long-chain fatty alcohols is expected to be utilized by the year 2031.

The US market dominated the North America Fatty Alcohols Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,507.3 million by 2031. The Canada market is exhibiting a CAGR of 7% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 6.4% during (2024 - 2031).

The fatty alcohols market refers to the global marketplace where fatty alcohols are bought and sold for various industrial and commercial purposes. Fatty alcohols are a type of organic compound derived from natural fats and oils, typically consisting of straight-chain or branched-chain alcohols with carbon chain lengths ranging from C6 to C22 or higher. These compounds find extensive applications across industries such as personal care, cosmetics, surfactants, detergents, lubricants, pharmaceuticals, and food additives.

Fatty alcohols are extensively utilized in formulating personal care and cosmetic products due to their emollient, emulsifying, and thickening properties. Common fatty alcohols used in this sector include cetyl alcohol, stearyl alcohol, and cetostearyl alcohol. These ingredients contribute to the texture, stability, and performance of skincare creams, lotions, and moisturizers by providing skin hydration, softening, and barrier protection. Similarly, fatty alcohols are key ingredients in producing surfactants, essential components in detergents, cleaning agents, and emulsifiers. Surfactants derived from fatty alcohols exhibit excellent surface-active properties, enabling them to reduce surface tension, disperse oils and dirt, and improve wetting and foaming characteristics.

The emphasis on sustainable agricultural practices in Mexico is impacting the sourcing of raw materials for fatty alcohol production. As producers seek eco-friendly options, the market is likely to see an increase in fatty alcohols derived from sustainably sourced fats and oils. The Mexican government's push for food safety and quality regulations encourages food manufacturers to adopt clean-label practices. This support drives the use of fatty alcohols, which can be marketed as natural ingredients, aligning with consumer demand for transparency. Hence, the increasing food industry in the region is propelling the market's growth.

Based on Type, the market is segmented into Long Chain, Pure & Mid Cut, Short Chain, and Higher Chain. Based on Application, the market is segmented into Soaps & Detergents, Personal Care, Plasticizers, Lubricants, Pharmaceutical Formulation, Amines, and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Wilmar International Limited
• Kao Corporation
• Kuala Lumpur Kepong Berhad (Davos Life Science)
• Arkema S.A.
• The Procter & Gamble Company
• Sasol Limited
• Emery Oleochemicals LLC
• BASF SE
• Univar Solutions, Inc.
• Saudi Basic Industries Corporation (SABIC)

North America Fatty Alcohols Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Long Chain
• Pure & Mid Cut
• Short Chain
• Higher Chain

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031

• Soaps & Detergents
• Personal Care
• Plasticizers
• Lubricants
• Pharmaceutical Formulation
• Amines
• Other Applications

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• US
• Canada
• Mexico
• Rest of North America