Increasing demand for Europe Alcohols market in the online retailing business, coupled with high investments in R&D of C12-14 alcohol market, are fueling the market growth.

Europe Alcohols Market Size – USD 1.24 Billion in 2018, Growth - CAGR of 4.8%, Trends – Increase in demand for Europe Alcohols in the cosmetics & personal care products.

The Global Europe Alcohols Market is forecast to reach USD 1.91 Billion by 2027, according to a new report by Reports and Data. Europe Alcohols are the long-chain, high-molecular-weight fatty Europe Alcohols containing a number of carbon atoms from 12 to 14 in each fatty alcohol with a colorless, oily, liquid formation mostly. These fatty Europe Alcohols are typically derived from natural fats such as animal fats and vegetable oils such as coconut oil. Global Europe Alcohols market is projected to drive significantly as the demand for the C12-14 alcohol in various industrial & commercial applications is being propelled substantially. The continuous expansion of the surfactants, flavor-enhancing food additives, pesticides, personal care products, cosmetics, lubricating oils are expected to primarily drive the demand throughout the forecast period.

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Top Lading Players: BASF SE, Emery Oleochemicals, Royal Dutch Shell PLC, Clariant International AG, Merck KGaA, The Archer Daniels Midland Company, Cargill, Incorporated, Nanjing Kaimubo Pharmatech Company, Godrej Industries Ltd., and Sasol Limited, among others.

Some Key Highlights from the Report:

• In context to sources segment, the natural sources sub-segment occupied a larger market share, which held 63.7% of the market in 2018, with a faster CAGR of 5.3% during the forecast period. The fact that these sources have always been popular as a raw material source for manufacturing these Europe Alcohols and these sources are easily accessible and hence contribute to the market share occupied by the natural sources segment. Furthermore, elevating demand for bio-based products among consumers contributes to the growth rate of this segment.
• Growing penetration of the online retailing businesses for the chemicals and materials, especially in the emerging nations in the Asia Pacific, is helping the market grow by broadening the outreach in the areas where the offline vendors are unavailable. Also, due to the non-involvement of the distributors in the supply chain model, the profit margin is way more than that of the offline retailing distribution channel. The online retailing is expected to gain a market share of 26.2% by 2027.
• A mentionable initiative often taken by market players is to invest in the new product development. As an instance, Codexis has already produced samples of the Europe Alcohols. It is also targeting a commercial production of 60,000 tonnes/year of fatty Europe Alcohols with the help of microbial fermentation processing. Thus, such initiatives by market players are also spurring market growth.
• Europe would hold a market share of 18.5% by 2027 growing at a CAGR of 3.5% in the forecast period. Netherland and France have some of the valuable players in this region.
• North America is forecasted to witness significant growth in the overall market, having grown at a CAGR of 5.2% during the forecast period. US possesses the highest market share in this region and some of the vital players of the market.

Segments covered in the report:

Type of Alcohol Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)

• C12 (Lauryl Alcohol)
• C13 (Tridecyl Alcohol)
• C14 (Myristyl Alcohol)

Sales Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)

• Online Retailing
• Offline Retailing

Sources Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)

• Natural
• Synthetic

End-Use Verticals Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)

• Chemical & Pharmaceutical
• Personal Care & Cosmetics
• Industrial Manufacturing
• Food Processing Industries
• Others

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Regional Outlook:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

• What are the dominating factors that are influencing the growth of the industry?
• In the forecast period, which market segment is expected to rise the most?
• What are the risks and challenges that the industry is facing?
• In the coming years, which area is projected to dominate the market?
• Who are the major players in the market?
• What kind of strategic business plans have they made?

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