Fatty Alcohol Market Report Focusing on Current Trends and Leading Fortune Companies That Will Change in Coming Future
Market Analysis The global fatty alcohol market is predicted to reach a great CAGR over the forecast period, as per the latest Market Research Future (MRFR) report. Fatty alcohols are straight-chain, high-molecular-weight primary alcohols. It is a cost-effective substitute for petrochemicals as it is biodegradable. Cetyl alcohol, behenyl alcohol, lauryl alcohol, stearyl alcohol, and myristal alcohol are some of its common categories. Fatty alcohols are widely used in the production of detergents in the form of nonionic surfactants owing to their amphipathic nature. Besides, it also finds wide application in personal care products and cosmetics, pharmaceuticals, plasticizers, lubricants, and food. Various factors are propelling the fatty alcohol market growth. These factors, in accordance with the MRFR report, include growing demand for sustainable and biodegradable products, growing concerns about the impact of petrochemicals on the environment, growing demand for hyg...