Asia Pacific to dominate Decylalcohol (CAS 112-30-1) Market During Forecast Period
Increasing demand for
personal care products is expected to drive the growth of global decylalcohol
(CAS 112-30-1) market
According to
TechSci Research report, “Global Decylalcohol
(CAS 112-30-1) Market By Content, By Raw Material, By Application, By
Region, Forecast & Opportunities, 2025”, the global
decylalcohol (CAS 112-30-1) market is expected to grow at a steady rate during
the forecast period on account of its properties for instance, decylalcohol is
biodegradable and therefore gets degraded in the environment, is inflammable,
among others. However, volatile prices of raw materials and high production
costs can hamper the growth of market during forecast period.
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The global
decylalcohol (CAS 112-30-1) market is segmented based on content, raw material,
application, company and region. Based on application, the market can be
fragmented into surfactants, plasticizers, oil base for lubricants, cleaning
agent, pharmaceuticals, personal care and others. The pharmaceuticals segment
is expected to hold a significant market share during the next five years. This
can be accredited to the widespread use of decylalcohol as a penetration
enhancer in transdermal deliveries in the pharmaceutical industry because
of its ability to permeate the skin.
Ecogreen
Oleochemicals GmBH, Kao Corporation, Sasol Limited, Global Green Chemicals
Public Company Limited or GGC, Emery Oleochemicals Sdn Bhd, KLK OLEO Ltd., LG
Chem Ltd., P&G Chemicals, BASF SE, Muslim Mas and others are some
of the leading players operating in global decylalcohol (CAS 112-30-1) market. The
companies operating in the market are using organic strategies such as product
launches, mergers and collaborations to boost their share.
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“Asia-Pacific is expected
dominate the global market for decylalcohol (CAS 112-30-1) during the forecast years,
owing to increasing demand for personal care products in the region. Additionally,
countries such as China and India are likely to be the most prominent consumers
of decylalcohol (CAS 112-30-1) in the region on account of the presence of
established end user industries in these countries, such as the polymer
processing industry, among others.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Decylalcohol (CAS 112-30-1) Market By
Content, By Raw Material, By Application, By Region, Forecast &
Opportunities, 2025” has evaluated
the future growth potential of global decylalcohol (CAS 112-30-1) market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global decylalcohol (CAS 112-30-1) market.
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