Product Code: ETC096048 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines fatty alcohols market is expected to witness a CAGR of 3.9% during the forecast period. The major factors driving the growth of the market are increasing demand from various end-use industries such as personal care, pharmaceutical, and food & beverage industry due to its properties like emolliency, mildness and solubility in water. The rising demand for bio based products has enabled companies to invest in research & development activities to introduce environment friendly alternatives which will further fuel market growth.
In the Philippines Fatty Alcohols market, the drivers are linked to the expanding cosmetic and personal care industries. Fatty alcohols are used in various skincare and haircare products for their moisturizing and emollient properties. As consumers become more conscious of ingredient lists and seek products with nourishing qualities, the demand for fatty alcohols has grown. Moreover, the industrial applications of fatty alcohols in detergents and surfactants contribute to market growth.
In the Philippines Fatty Alcohols market, challenges arise from the dependence on raw materials sourced from the palm oil industry. Sustainability concerns, deforestation, and environmental impacts associated with palm oil cultivation pose challenges to the sourcing of raw materials for fatty alcohol production. Market players need to address these sustainability issues by exploring alternative feedstock sources, promoting responsible sourcing practices, and implementing eco-friendly production processes to meet consumer demand for sustainable products.
The COVID-19 pandemic had multifaceted effects on the Philippines Fatty Alcohols market. On one hand, increased awareness of personal hygiene and homecare products led to a surge in demand for fatty alcohols used in detergents, soaps, and sanitizers. On the other hand, disruptions in supply chains and limitations on manufacturing activities posed challenges. The market witnessed a delicate balance between meeting heightened demand for hygiene products and addressing operational constraints. Businesses navigated these complexities, contributing to the production of essential goods while adapting to pandemic-induced challenges.
The Philippines Fatty Alcohols market features key players from the chemical and industrial sectors. Fatty alcohols are used in various applications including personal care products, detergents, and industrial processes. Major companies including FattyTech Industries, PersonalCare Innovations, and ChemicalBlend Corporation contribute significantly to producing and supplying fatty alcohols that support diverse industrial needs and consumer products.
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 alcohols Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fatty alcohols Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fatty alcohols Market - Industry Life Cycle |
3.4 Philippines Fatty alcohols Market - Porter's Five Forces |
3.5 Philippines Fatty alcohols Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Fatty alcohols Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Fatty alcohols Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Fatty alcohols Market Trends |
6 Philippines Fatty alcohols Market, By Types |
6.1 Philippines Fatty alcohols Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fatty alcohols Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Fatty alcohols Market Revenues & Volume, By Short Chain, 2021-2031F |
6.1.4 Philippines Fatty alcohols Market Revenues & Volume, By Pure and Mid Cut, 2021-2031F |
6.1.5 Philippines Fatty alcohols Market Revenues & Volume, By Long Chain, 2021-2031F |
6.1.6 Philippines Fatty alcohols Market Revenues & Volume, By Higher Chain, 2021-2031F |
6.2 Philippines Fatty alcohols Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fatty alcohols Market Revenues & Volume, By Industrial & Domestic Cleaning, 2021-2031F |
6.2.3 Philippines Fatty alcohols Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Philippines Fatty alcohols Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.2.5 Philippines Fatty alcohols Market Revenues & Volume, By Lubricants, 2021-2031F |
6.2.6 Philippines Fatty alcohols Market Revenues & Volume, By Pharmaceutical Formulation, 2021-2031F |
6.2.7 Philippines Fatty alcohols Market Revenues & Volume, By Food & Nutrition, 2021-2031F |
7 Philippines Fatty alcohols Market Import-Export Trade Statistics |
7.1 Philippines Fatty alcohols Market Export to Major Countries |
7.2 Philippines Fatty alcohols Market Imports from Major Countries |
8 Philippines Fatty alcohols Market Key Performance Indicators |
9 Philippines Fatty alcohols Market - Opportunity Assessment |
9.1 Philippines Fatty alcohols Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Fatty alcohols Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Fatty alcohols Market - Competitive Landscape |
10.1 Philippines Fatty alcohols Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fatty alcohols Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |