1-Decanol Market - Global Size, Share, Trends, Growth and Forecast Year ( 2022 – 2032 )
1-Decanol Market - Report Scope (by Share & Size)
The KD Market Research analyses that the market is likely to grow with a CAGR of 6.4% during the forecast period of 2023 to 2032 and is expected to reach USD 410.3 Billion by 2032. The increase in demand for surfactant-based items is a major factor driving the market growth for the 1-decanol market. Global 1-Decanol Market is segmented by Source into Petrochemical Based, Oleo-chemical Based, others; by Application into Plasticizers, Lubricants, Detergents & Cleaners, Cosmetics & Personal Care, Pharmaceuticals, Flavors & Fragrance, others; by Region into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa - Industry Trends and Forecast to 2032.
1-Decanol Market Definition & Overview
1-Decanol is a pale liquid substance that comes from a group of long-chain aliphatic alcohols inside a carbon chain. It acts as a superior lubricant and is also utilized as an antifoam. It is also flammable and harmful to marine life as it is acutely toxic. It causes several skin problems, such as skin irritation. It is also utilized by many cleaning agents.
The KD Market Research firm has produced an in-depth market research report on global 1-decanol market. The report uncovers the market trends and growth drivers, major players, market dynamics, company profile, production and consumption insights, forecast to 2032, and regulations in countries. The research report further delve into market segmentation types and their forecast, regional analysis, and an analysis of recent 1-decanol market in major market countries.
Furthermore, the report provides detailed insight for timeline 2021-2032 market size, global and regional market analysis, company developments, and country level segmentation, as well as SWOT analysis, Porter's five forces analysis, PESTEL analysis, market forecast, and leading companies operating in the 1-decanol market.
1-Decanol Market Scope
|
Report Metric |
Report Details |
|
Forecast Year |
2023-2032 |
|
Base Year |
2022 |
|
CAGR |
6.4 % |
|
Base Year Market Size |
USD 220.6 Million |
|
Forecast Year Market Size |
USD 410.6 Million |
|
Segmentation |
By Source, By Application and Region |
|
Growth Drivers |
|
|
Regions Covered |
|
1-Decanol Market Dynamics Growth Drivers and Challenges
1-Decanol Market Opportunities that trigger Market Growth
- Rising demand for surfactant-based items
The rise in demand for cleaning products due to the COVID-19 pandemic has increased the demand for surfactants. 1-Decanol acts as a co-surfactant in various cleaning products. It helps in swift and easy cleaning. 1-Decanol supports the skin care and paper & pulp industry as well. This is hindering the market demand for 1-decanol.
Increasing demand for petrochemical-based 1-decanol
Several products use petrochemicals as one of component. It is also present in several components like batteries, solar panels, electric vehicle components, and many more. 1-Decanol, which is derived from petrochemicals, is biodegradable. It can be used as feedstock in various chemical reactions. Therefore, rising sale of petrochemical-based-1-decanol products is driving the market for 1-decanol.
1-Decanol Market Hurdles and Challenges
High Cost
The cost of manufacturing is high due to huge capital investments and advanced technology requirements. Due to this, the price of 1-Decanol increases. With this, the production of plastic has also decreased, which also hampers the growth of antimicrobial plastics.
Fluctuating prices of raw material
It has been observed that the prices of raw materials for 1-decanol get fluctuate regularly. This is due to the natural and synthetic producing methods for 1-decanol. Some of the 1-decanol are petrochemical-based that depend on crude oil, and their prices are unpredictable, due to which the prices get to fluctuate. This fluctuation of prices hinders the market growth for 1-decanol.
1-Decanol Market Segmentation, Division and Categorization
- By Source: Petrochemical Based, Oleo-chemical Based
- By Application: Plasticizers, Lubricants, Detergents & Cleaners, Cosmetics & Personal Care, Pharmaceuticals, Flavors & Fragrance.
- By Region: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
1-Decanol Market Key Featured Companies
- Eco-green Oleo-chemicals,
- Kao Chemicals
- Matangi Industries
- Musim Mas Holdings,
- Global Green Chemicals Public,
- Sasol,
- Sinco PharmaChem
- Ennore India Chemicals
- Molbase
- BASF SE
- Other Players
1-Decanol Market Regional Analysis
Asia-Pacific is expected to be the fastest-growing region for the 1-decanol market during forecast period. Moreover, it is also expected to dominate the market share for the 1-decanol market. The factors driving the market growth are the increasing demand for personal care products in the region. India and China are the major markets. Europe is expected to have significant growth in the 1-decanol market during the forecast period. The market is driven by increasing preferences for biodegradable materials and a rise in demand for beauty products. North America is expected to witness significant CAGR growth due to the presence of key players in the region. The Latin American market is also growing significantly due to increasing demand for personal care products and cosmetics in the region. The Middle East and Africa market is expected to grow moderately for the 1-decanol market as compared to other regions.
Make This Report Your Own
Take Advantage of Intelligence Tailored to your Business Objective
Get a Customized Version
- Publication date: 19th September 2023
- Base year: 2022
- Forecast year: 2023-2033
- Format: PDF, PPT,Word,Excel
- Quick Contact -
- ISO Certified Logo -
Frequently Asked Questions(FAQ)
1-Decanol Market
-: Our Clients :-
