Detergent Alcohol Market

Global Detergent Alcohol Market is valued at USD 6103.9 Million in 2022 and is expected to reach USD 8938.3 Million by 2029 with a CAGR of 5.6% over the forecast period.

Global Detergent alcohol Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2023-2029- Increasing demand in laundry detergent market, and rising demand in the industrial cleaning products are some of the major factors driving the  growth of Global Detergent Alcohol Market.

Scope-

A detergent alcohol is a surfactant with cleansing properties. It is used in raw material for the manufacturing of surfactants and detergents which is used in household purposes like detergent, dishwashing detergent, shampoo, and other personal care product and industrial cleaning. Detergent alcohols are also used as a polymerization support, plasticizer and antioxidant in polymers and plastic treating. Detergent alcohols are long-chain alcohols containing between 12 and 18 carbon atoms produced commercially from both synthetic and natural raw material. Detergent alcohol is naturally processed added into cleansing agent used in product as washing machine liquid, industrial detergent, hair shampoo and other. Demand for detergent alcohols in the personal care division is likely to show important incomes focused by the increase’s preference for environmental and organic content.   

On the demand side, the outbreak of Covid-19 has led to a surge in demand for detergent alcohols, especially for use in hand sanitizers and disinfectants. With the increased awareness regarding the importance of hand hygiene in preventing the spread of the virus, demand for hand sanitizers has skyrocketed. This has led to a surge in demand for isopropyl alcohol (IPA) and ethanol, which are the main ingredients in hand sanitizers. On the supply side, the pandemic has disrupted the production and supply chain of detergent alcohols. The closure of factories and logistical challenges have led to shortages and increased prices of IPA and ethanol. Moreover, the increasing demand for detergent alcohols has also led to hoarding and panic buying, further exacerbating the shortage.

Global detergent alcohol market is segmented into the source, application and region & country level. On the basis of source, detergent alcohol market is segmented into the natural and synthetic. On the basis of application, detergent alcohol market is segmented in to the domestic & industrial cleaning, cosmetics & personal care, pharmaceutical, wastewater treatment, plasticizer, and others.

The regions covered in this Detergent alcohol report are Asia-Pacific, North America, Europe, and the Rest of the World. Based on a country level, the market of Detergent alcohol is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players–

Some of the key players for Detergent alcohol are -

• SABIC
• Kao Corporation
• SASOL
• Musim Mas Holdings
• Univar Inc.
• Ecogreen Oleochemicals
• Emery Oleochemicals
• Royal Dutch Shell PLC
• BASF SE
• KLK Oleo
• Procter & Gamble
• Godrej Industries Ltd
• Wilmar International Ltd.
• others

Segmentation-

By Source:

• Natural
• Synthetic

By Application:

• Domestic & Industrial Cleaning
• Cosmetics & Personal Care
• Pharmaceutical
• Wastewater Treatment
• Plasticizer
• Other

By Regional & Country Analysis:

• North America

• U.S.
• Mexico
• Canada

• Europe

• UK
• France
• Germany
• Italy

• The Asia Pacific

• China
• Japan
• India
• Southeast Asia

• South America

• Brazil,
• Argentina
• Columbia

• The Middle East and Africa

• GCC
• Africa
• Rest of the Middle East and Africa

Increasing Demand from Laundry Detergent Market and Rising Demand in the Industrial Cleaning Product and Others are Some of the Major factors Driving the Market Growth.

Detergent alcohol is used in raw material for the manufacturing of surfactants and detergents, household and personal care product, industrial cleaning. It is used in the detergent, shampoo, dish wash detergent and other. It is also used in several applications such as laundry cleaning, personal cleaning, household cleaning, and dishwashing. It used to remove dirt from porous surfaces such as fabrics, clothes, and surfaces such as metals, plastics, and treated wood. For example; According to IRL liquid data manufacturing company, on November 1^st, 2020; in the US, laundry detergent sales was 5.9% to nearly $8 billion in 52 week. Additionally, according to the Surf Excels detergent company recorded sales of Rs 5,375 crore in the 2020 year with a market share of 17.9%.

In addition, its growing application in the industrial cleaning products is also supplementing the market growth. It is used in industrial and institutional cleaning for food, dairy, brewing industry and helpful for hygiene and cleaning in hospital and other public place. For example; According to A.I.S.; in June 202; household care and professional cleaning and hygiene sector in Europe was projected at €41,2 billion (up from €38 billion in 2019) additionally according to IBIS word, in UK the market industrial cleaning product is expected to increase 5.7% in 2022 and revenue of these industry is £901.0m in 2022.

However, fluctuating prices of the raw materials may hamper the market growth. Despite that, various product launched in the market which may offer more growth opportunities for the further growth of the market.

Regional Analysis–

The Asia Pacific region is the largest consumer and producer of detergent alcohols globally, accounting for a significant share of the global market. According to IBIS; on May 23^rd, 2022; revenue for the Soap, washing powder and detergent manufacturing industry in China is expected to increase at an annualized 6.1% over the five years through 2022. In 2022, industry revenue is projected to total $59.2 billion, up 7.8%. The region's rapid economic development, increasing disposable income, and growing population are driving the demand for personal care and home care products, which, in turn, is fuelling the growth of the detergent alcohol market. The market is highly competitive, with several local and global players operating in the region. Key players in the market include BASF SE, Ecogreen Oleochemicals, KLK Oleo, Sasol, and Musim Mas Holdings, among others.

Europe is expected to show a significant growth in the global detergent alcohol market due to the increasing demand of cleaning products like detergent, soap, shampoo, dish wash, and other in Covid cases. The result is internal logistic breakdown in the section has partial the increasing market trend. According to IBIS; on May 29^th, 2021; in Germany soap and detergent sale 1.4% per year over the past five year in current year increases by 4.1billion as well, according to CBI ministry of Foreign Affairs European imports of soap from €1.6 billion to €1.9 billion, with an average annual growth of 3.9%. In association, the yearly growth of the world imports of soap average of 1% between 2015 and 2018, reaching €5.9 billion in 2018 (values for 2019).

Report Analysis	Details
Historical data	2016 - 2021
Forecast Period	2022 - 2029
Market Size in 2022:	USD 6103.9 Million
Base year considered	2021
Forecast Period CAGR %:	5.6%
Market Size Expected in 2029:	USD 8938.3 Million
Tables, Charts & Figures:	175
Pages	300
Companies	SABIC, Kao Corporation, SASOL, Musim Mas Holdings, Univar Inc., Ecogreen Oleochemicals, Emery Oleochemicals, Royal Dutch Shell PLC, BASF SE, KLK Oleo, Procter & Gamble, Godrej Industries Ltd, and Wilmar International Ltd., and many others
Segments Covered	By Source, By Application
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa