Market Forecast By Product (C6-C10, C11-C14, C15-C22), By Application (Soaps & Detergents, Personal Care, Lubricants, Amines, Others) And Competitive Landscape
Product Code: ETC324689 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Philippines Fatty Alcohol Market report thoroughly covers the market by product type and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Philippines Fatty Alcohol Market is anticipated to grow enormously owing to the increasing demand for specialty chemicals and surfactants. Fatty alcohols are utilized in industries such as personal care, detergents, and pharmaceuticals. The industry is witnessing growth due to the versatile applications of fatty alcohols in industries such as personal care, detergents, and pharmaceuticals. The Philippines fatty alcohol market is experiencing continuous growth and development.
According to 6Wresearch, the Philippines Fatty Alcohol Market size is expected to grow exponentially at a CAGR of 6.3% during the forecast period of 2025-2031. The high demand for personal care and household cleaning products, which heavily rely on fatty alcohols and its derivatives, is the primary factors bolstering the Philippines Fatty Alcohol Market Growth. The increasing population and urbanization further aiding to the growing demand for these products. The personal care segment continues to dominate the Philippines fatty alcohol market, Despite the market's substantial size and growth, the Philippines fatty alcohol market faces several challenges that could impede its progress. The high production costs and volatile prices of raw materials, such as palm oil and coconut oil, are among the significant challenges. The potential health risks associated with the use of fatty alcohols in personal care products are also a cause for concern for some consumers. Nevertheless, the Philippines Fatty Alcohol Industry presents various opportunities for investors and entrepreneurs. The strict government regulations and rising demand for natural and eco-friendly products have led to the development of alternative sources of fatty alcohols, such as bio-based fatty alcohols. The introduction of these products not only lowers production costs but also supports sustainable and environmentally-friendly practices.
One of the most indispensable government policies that boost the Philippines Fatty Alcohol Market Share is the Biofuels Act of 2006. The act provides incentives for biofuels producers and sets a target of a 12% blend, which will further increase the demand for fatty alcohols. Additionally, the Philippine government included oleochemicals in the IPP, which promotes investment in industries that have high potential for economic growth. Furthermore, the Philippine Coconut Authority (PCA) has several programs that support the coconut industry, which is the primary source of raw material for fatty alcohols in the Philippines. The PCA provides support to farmers, such as financing for production and livelihood projects. The agency also promotes research and development, including the production of high-yielding coconut varieties.
The Philippines Fatty Alcohol Market is mainly dominated by multinational companies such as BASF, Wilmar International, and Musim Mas. However, some local companies include PTT Chemical Phils. Corp, VM BioPharma, and JNJ Oleochemicals.
Market by Product
According to Nikhil, Senior Research Analyst, 6Wresearch, the C11-C14 segment is the largest as it has a wide range of applications and is used in the production of various chemicals, personal care products, and surfactants.
In terms of Application, the soap and detergent industry is the largest contributor to demand for fatty alcohols in the Philippines. Fatty alcohols are a key ingredient in surfactants, which are used to help reduce surface tension in water to allow for better cleaning.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Fatty Alcohol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fatty Alcohol Market Revenues & Volume, 2020 & 2031F |
3.3 Philippines Fatty Alcohol Market - Industry Life Cycle |
3.4 Philippines Fatty Alcohol Market - Porter's Five Forces |
3.5 Philippines Fatty Alcohol Market Revenues & Volume Share, By Product, 2024 & 2031F |
3.6 Philippines Fatty Alcohol Market Revenues & Volume Share, By Application, 2024 & 2031F |
4 Philippines Fatty Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for personal care and cosmetic products in the Philippines, where fatty alcohols are commonly used as ingredients. |
4.2.2 Increasing awareness about sustainable and eco-friendly products, leading to a shift towards natural fatty alcohols. |
4.2.3 Expansion of the industrial sector in the Philippines, driving the demand for fatty alcohols in manufacturing processes. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of fatty alcohols, impacting the overall cost and profitability. |
4.3.2 Stringent regulations and compliance requirements related to the production and usage of fatty alcohols in the Philippines. |
5 Philippines Fatty Alcohol Market Trends |
6 Philippines Fatty Alcohol Market, By Types |
6.1 Philippines Fatty Alcohol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fatty Alcohol Market Revenues & Volume, By Product, 2020 - 2031F |
6.1.3 Philippines Fatty Alcohol Market Revenues & Volume, By C6-C10, 2020 - 2031F |
6.1.4 Philippines Fatty Alcohol Market Revenues & Volume, By C11-C14, 2020 - 2031F |
6.1.5 Philippines Fatty Alcohol Market Revenues & Volume, By C15-C22, 2020 - 2031F |
6.2 Philippines Fatty Alcohol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fatty Alcohol Market Revenues & Volume, By Soaps & Detergents, 2020 - 2031F |
6.2.3 Philippines Fatty Alcohol Market Revenues & Volume, By Personal Care, 2020 - 2031F |
6.2.4 Philippines Fatty Alcohol Market Revenues & Volume, By Lubricants, 2020 - 2031F |
6.2.5 Philippines Fatty Alcohol Market Revenues & Volume, By Amines, 2020 - 2031F |
6.2.6 Philippines Fatty Alcohol Market Revenues & Volume, By Others, 2020 - 2031F |
7 Philippines Fatty Alcohol Market Import-Export Trade Statistics |
7.1 Philippines Fatty Alcohol Market Export to Major Countries |
7.2 Philippines Fatty Alcohol Market Imports from Major Countries |
8 Philippines Fatty Alcohol Market Key Performance Indicators |
8.1 Sustainability metrics such as carbon footprint reduction and waste management practices in the production of fatty alcohols. |
8.2 Consumer perception surveys measuring the preference for products containing fatty alcohols. |
8.3 Research and development investment in innovative fatty alcohol formulations and applications. |
8.4 Market penetration rate of fatty alcohols in new industries or applications. |
9 Philippines Fatty Alcohol Market - Opportunity Assessment |
9.1 Philippines Fatty Alcohol Market Opportunity Assessment, By Product, 2024 & 2031F |
9.2 Philippines Fatty Alcohol Market Opportunity Assessment, By Application, 2024 & 2031F |
10 Philippines Fatty Alcohol Market - Competitive Landscape |
10.1 Philippines Fatty Alcohol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fatty Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |