Decylalcohol Market By Size, Share, Trends, and Forecast 2028

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 1.26 billion
CAGR (2023-2028)	4.62%
Fastest Growing Segment	Synthetic
Largest Market	Asia Pacific

Market Overview

Global Decylalcohol (CAS 112-30-1) Market has valued at USD 1.26 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.62% through 2028. Decylalcohol is a colorless viscous liquid with a strong odor, widely used in various industries, including pharmaceuticals, cosmetics, and oil & gas. Its versatile properties make it a valuable ingredient in the formulation of numerous products, such as moisturizers, perfumes, detergents, and lubricants. The increasing demand for personal care products, driven by factors like changing consumer preferences and a growing focus on self-care, has significantly contributed to the rising demand for Decylalcohol.

One of the notable trends in the market is the surging popularity of eco-friendly and sustainable personal care products. As consumers become more conscious of the environmental impact of their choices, there is a growing preference for products that utilize Decylalcohol and other sustainable materials. This shift in consumer behavior has prompted manufacturers to incorporate Decylalcohol into their formulations, further stimulating the demand for this chemical.

Additionally, the market for Decylalcohol is witnessing growth due to the continuous advancements in technology and the increasing investments in research and development activities. These efforts aim to enhance the performance and properties of Decylalcohol, making it even more versatile and beneficial for various applications. The ongoing research and development initiatives have resulted in the development of improved formulations and processes, driving the market's expansion.

In conclusion, the global Decylalcohol (CAS 112-30-1) market is experiencing substantial growth, primarily fueled by the rising demand for personal care products and the adoption of eco-friendly and sustainable materials. The Asia Pacific region is expected to dominate the market, driven by the region's large population, and growing disposable income. Furthermore, the pharmaceutical industry's emphasis on technological advancements and the increasing investments in research and development activities are anticipated to further propel the market's growth in the coming years.

Key Market Drivers

Growing Demand of Decylalcohol (CAS 112-30-1) from Pharmaceutical Industry

Decylalcohol (CAS 112-30-1) is a versatile chemical compound widely used in various industries, including pharmaceuticals, cosmetics, and oil & gas. It is a colorless viscous liquid with a strong odor, providing distinctive properties for different applications.

In the pharmaceutical industry, the demand for Decylalcohol is rapidly increasing. Its unique properties make it a valuable ingredient in the formulation of medications and pharmaceutical products. With the continuous advancements in healthcare technology and the growing need for better healthcare services, the demand for this chemical is expected to further rise.

Furthermore, the global market for Decylalcohol is witnessing significant growth due to increasing investments in research and development activities. These efforts aim to enhance the properties and performance of Decylalcohol, making it more efficient and effective for various applications. The focus on improving the chemical's characteristics will contribute to its wider adoption and utilization across different industries.

The Asia Pacific region plays a crucial role in the global Decylalcohol market, dominating in terms of both production and consumption. The region's dynamic economies and increasing industrial activities create a favorable environment for market growth. Moreover, the region's commitment to research and development activities will further drive the expansion of the Decylalcohol market in the coming years.

In conclusion, the growing demand for Decylalcohol from the pharmaceutical industry, along with the adoption of new

Growing Demand of Decylalcohol (CAS 112-30-1) from Cosmetic Industry

The cosmetic industry, which encompasses a wide range of products including lotions, creams, shampoos, and soaps, heavily relies on Decylalcohol (CAS 112-30-1) due to its versatile properties. This chemical compound serves as a key ingredient in cosmetic care products, acting as a viscosity controller that enhances the texture and consistency of these formulations.

With increasing consumer awareness and demand for eco-friendly and sustainable materials in the cosmetic industry, Decylalcohol (CAS 112-30-1) has gained significant prominence. This compound not only meets the industry's requirement for effective and high-quality cosmetic products but also aligns with the growing preference for environmentally-friendly alternatives.

As a result, the global Decylalcohol (CAS 112-30-1) market continues to experience robust growth, driven by the surging demand from the cosmetic industry. The adoption of this chemical contributes to the production of innovative and sustainable cosmetic care solutions, catering to the evolving needs of consumers worldwide.

Moving forward, the market is poised to witness sustained expansion as advancements in cosmetic formulation techniques continue to prioritize the utilization of Decylalcohol (CAS 112-30-1) for its significant contributions to product quality and effectiveness. With its wide range of applications and positive impact on the cosmetic industry

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Key Market Challenges

Volatility in Price of Raw Materials

The global Decylalcohol (CAS 112-30-1) market has been experiencing significant growth in recent years, driven by the increasing demand for personal care and cosmetic products. This growth can be attributed to the rising consumer awareness regarding the benefits of using Decylalcohol in various personal care formulations. The compound's unique properties, such as its emulsifying and moisturizing abilities, make it a popular ingredient in products like shampoos, body lotions, and creams.

However, amidst this positive trend, the market has also been facing a significant challenge in the form of price volatility of raw materials. The prices of key raw materials used in the production of Decylalcohol, such as palm kernel oil, have been highly volatile. This volatility can be attributed to various factors, including supply disruptions, pent-up demand, and significant peaks and troughs in overall market demand.

The fluctuating prices of raw materials have resulted in increased production costs for Decylalcohol manufacturers, thereby hampering the market's growth. Manufacturers have been forced to absorb these increased costs or pass them onto consumers, which can impact the affordability and competitiveness of Decylalcohol-based products.

In conclusion, while the global Decylalcohol market continues to witness growth due to the increasing demand for personal care and cosmetic products, the price volatility of raw materials remains a significant challenge. Industry players need to closely monitor and adapt to these market dynamics to ensure sustainable growth and navigate through the uncertainties posed by raw material price fluctuations.

Key Market Trends

Increasing Demand for Sustainable Products

The global Decylalcohol (CAS 112-30-1) market has been experiencing steady growth in recent years, primarily fueled by the rising demand for personal care and cosmetic products. This demand surge has been driven by various factors, including the increasing consumer awareness about personal grooming and hygiene, the growing disposable income of individuals, and the influence of social media on beauty trends.

However, amidst this growth, a new trend has emerged that is poised to shape the future of the Decylalcohol market: the escalating demand for sustainable and eco-friendly products. Consumers, particularly in the personal care industry, are now actively seeking out products that are not only effective but also align with their values of environmental responsibility and sustainability.

In response to this trend, manufacturers of personal care products are facing mounting pressure to reformulate their products with sustainable ingredients, including Decylalcohol (CAS 112-30-1). These manufacturers recognize the need to embrace a more holistic approach to product development that not only delivers the desired results but also minimizes the ecological footprint.

As a result, the future of the Decylalcohol (CAS 112-30-1) market is expected to be significantly influenced by sustainability trends in the coming years. Manufacturers must adapt to this shifting landscape by incorporating sustainable ingredients into their formulations to meet the growing demand for eco-friendly and sustainable products. By doing so, they can not only stay ahead of the competition but also contribute to a more sustainable and environmentally conscious personal care industry. The global Decylalcohol (CAS 112-30-1) market's growth trajectory is intertwined with the rising demand for sustainable and eco-friendly products. This trend reflects the evolving consumer preferences and the industry's commitment to responsible and ethical practices. Manufacturers need to proactively embrace sustainability and integrate sustainable ingredients like Decylalcohol (CAS 112-30-1) to shape a more sustainable future for the Decylalcohol market and the personal care industry as a whole.

Segmental Insights

Raw Material Insights

Based on the category of raw material, the synthetic segment emerged as the dominant player in the global market for Decylalcohol (CAS 112-30-1) in 2022. Synthetic decyl alcohol, a compound known for its high degree of consistency and purity, is a versatile ingredient that finds application across a wide range of industrial sectors. Its exceptional product quality and performance make it an ideal choice for industries that demand uncompromising standards.

In addition to its quality attributes, synthetic decyl alcohol offers cost-effectiveness when compared to sourcing it from natural or renewable sources. This advantage appeals to manufacturers seeking to optimize their production costs without compromising on quality or performance.

Moreover, the consistent and large-scale production of synthetic decyl alcohol ensures a stable and reliable supply for industries that heavily rely on this chemical compound. This reliability is crucial for maintaining uninterrupted production processes and meeting the increasing demands of various sectors.

Application Insights

The surfactants segment is projected to experience rapid growth during the forecast period. Surfactants, also known as surface-active agents, play a crucial role in various cleaning products, such as detergents and soaps. These substances work by reducing the surface tension of water, allowing it to penetrate and effectively eliminate dirt and stubborn stains. By enhancing the cleaning power of these products, surfactants contribute to a more thorough and efficient cleaning experience.

When it comes to personal care products, surfactants are indispensable components in shampoos, body washes, and facial cleansers. Their foaming and emulsifying properties not only create a luxurious lather but also aid in the removal of oils, impurities, and environmental pollutants from the skin and hair. This results in a refreshing and revitalizing cleansing routine, leaving you feeling clean, refreshed, and ready to take on the day.

Surfactants also find their way into the world of cosmetics, elevating the performance of makeup products. In mascaras, foundations, and lipsticks, surfactants are used to disperse pigments evenly, ensuring smooth and uniform color application. Additionally, these versatile compounds contribute to improving the texture and overall application experience of cosmetics, making them more enjoyable to use while achieving a flawless, professional-looking finish.

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Regional Insights

Asia Pacific emerged as the dominant player in the Global Decylalcohol (CAS 112-30-1) Market in 2022, holding the largest market share in terms of value. The Asia-Pacific region, particularly China, is widely recognized as a global manufacturing hub for a diverse range of industrial chemicals, including decyl alcohol. Thanks to its well-established chemical industry infrastructure and robust production capabilities, the region has solidified its position as a key supplier of decyl alcohol to both domestic and international markets. With a strong emphasis on quality and efficiency, manufacturers in the Asia-Pacific region continue to meet the growing demand for this essential chemical compound.

Over the years, the Asia-Pacific region has experienced remarkable economic growth, which has fueled rapid industrialization and urbanization. This unprecedented growth has significantly contributed to the surge in demand for various chemicals, including decyl alcohol, across multiple industries such as cosmetics, personal care, chemicals, and textiles. As the region continues to evolve as a major economic powerhouse, the demand for decyl alcohol is expected to further escalate, driven by the increasing consumer preferences for high-quality personal care and household products.

Furthermore, it is worth noting that the Asia-Pacific region is home to some of the world's most populous countries, including China and India. The relentless growth of the middle-class population in these countries has played a pivotal role in the rising demand for consumer products. Notably, personal care and household products, which are integral parts of daily life for millions, frequently contain decyl alcohol as a crucial ingredient. Thus, the expanding consumer base in the Asia-Pacific region continues to be a significant driving force behind the steady growth of decyl alcohol as a sought-after chemical compound.

Recent Developments

In 2023, BASF, a leading chemical company, and Evonik Industries, a global specialty chemicals company, announced a collaboration to develop and produce sustainable decyl alcohol from renewable feedstocks. This innovative partnership aims to address the growing demand for sustainable and eco-friendly chemicals. By combining their expertise in catalysis and biotechnology, the two companies will work together to develop a new and efficient process for producing decyl alcohol using sustainable sources, contributing to a more sustainable future.
In 2022, BASF, a renowned chemical company, joined forces with LG Chem, a major player in the chemical industry, to develop and produce new decyl alcohol-based surfactants for the personal care and cosmetics industry. This collaboration is driven by the shared goal of delivering mild, effective, and sustainable surfactants that meet the evolving needs of consumers. Leveraging their expertise in chemistry and formulation, BASF and LG Chem are dedicated to developing innovative surfactant solutions that offer superior performance while minimizing environmental impact.
In 2021, Evonik Industries, a leading specialty chemicals company, partnered with Wanhua Chemical Group, a global leader in the chemical industry, to develop and produce new decyl alcohol-based plasticizers for the plastics industry. This collaboration aims to address the increasing demand for more sustainable and environmentally friendly plasticizers. Drawing on their extensive knowledge in chemistry and manufacturing, Evonik Industries and Wanhua Chemical Group are committed to developing innovative plasticizer solutions that provide enhanced performance while reducing the ecological footprint of the plastics industry.

Key Market Players

Ecogreen Oleochemicals GmbH
Kao Corporation
Sasol Limited
Global Green Chemicals Public Company Limited
Emery Oleochemicals Sdn. Bhd.
KLK OLEO Ltd.
LG Chem Ltd.
Procter & Gamble Chemical Services Pte Ltd
BASF SE
Musim Mas Holdings Pte Ltd

By Raw Material	By Application	By Region
Natural Synthetic	Surfactants Plasticizers Cleaning Agent Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Decylalcohol (CAS 112-30-1) Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Decylalcohol (CAS 112-30-1) Market, By Raw Material:

o Natural

o Synthetic

Decylalcohol (CAS 112-30-1) Market, By Application:

o Surfactants

o Plasticizers

o Cleaning Agent

o Others

Decylalcohol (CAS 112-30-1) Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Kuwait

§ Turkey

§ Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Decylalcohol (CAS 112-30-1) Market.

Available Customizations:

Global Decylalcohol (CAS 112-30-1) Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Decylalcohol (CAS 112-30-1) Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Global Decylalcohol (CAS 112-30-1) Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Raw Material (Natural, Synthetic)

4.2.2. By Application (Surfactants, Plasticizers, Cleaning Agent, Others)

4.2.3. By Region

4.2.4. By Company (2022)

4.3. Market Map

4.3.1. By Raw Material

4.3.2. By Application

4.3.3. By Region

5. Asia Pacific Decylalcohol (CAS 112-30-1) Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Raw Material

5.2.2. By Application

5.2.3. By Country

5.3. Asia Pacific: Country Analysis

5.3.1. China Decylalcohol (CAS 112-30-1) Market Outlook

5.3.1.1. Market Size & Forecast

5.3.1.1.1. By Value

5.3.1.2. Market Share & Forecast

5.3.1.2.1. By Raw Material

5.3.1.2.2. By Application

5.3.2. India Decylalcohol (CAS 112-30-1) Market Outlook

5.3.2.1. Market Size & Forecast

5.3.2.1.1. By Value

5.3.2.2. Market Share & Forecast

5.3.2.2.1. By Raw Material

5.3.2.2.2. By Application

5.3.3. Australia Decylalcohol (CAS 112-30-1) Market Outlook

5.3.3.1. Market Size & Forecast

5.3.3.1.1. By Value

5.3.3.2. Market Share & Forecast

5.3.3.2.1. By Raw Material

5.3.3.2.2. By Application

5.3.4. Japan Decylalcohol (CAS 112-30-1) Market Outlook

5.3.4.1. Market Size & Forecast

5.3.4.1.1. By Value

5.3.4.2. Market Share & Forecast

5.3.4.2.1. By Raw Material

5.3.4.2.2. By Application

5.3.5. South Korea Decylalcohol (CAS 112-30-1) Market Outlook

5.3.5.1. Market Size & Forecast

5.3.5.1.1. By Value

5.3.5.2. Market Share & Forecast

5.3.5.2.1. By Raw Material

5.3.5.2.2. By Application

6. Europe Decylalcohol (CAS 112-30-1) Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Raw Material

6.2.2. By Application

6.2.3. By Country

6.3. Europe: Country Analysis

6.3.1. France Decylalcohol (CAS 112-30-1) Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Raw Material

6.3.1.2.2. By Application

6.3.2. Germany Decylalcohol (CAS 112-30-1) Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Raw Material

6.3.2.2.2. By Application

6.3.3. Spain Decylalcohol (CAS 112-30-1) Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Raw Material

6.3.3.2.2. By Application

6.3.4. Italy Decylalcohol (CAS 112-30-1) Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Raw Material

6.3.4.2.2. By Application

6.3.5. United Kingdom Decylalcohol (CAS 112-30-1) Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Raw Material

6.3.5.2.2. By Application

7. North America Decylalcohol (CAS 112-30-1) Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Raw Material

7.2.2. By Application

7.2.3. By Country

7.3. North America: Country Analysis

7.3.1. United States Decylalcohol (CAS 112-30-1) Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Raw Material

7.3.1.2.2. By Application

7.3.2. Mexico Decylalcohol (CAS 112-30-1) Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Raw Material

7.3.2.2.2. By Application

7.3.3. Canada Decylalcohol (CAS 112-30-1) Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Raw Material

7.3.3.2.2. By Application

8. South America Decylalcohol (CAS 112-30-1) Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Raw Material

8.2.2. By Application

8.2.3. By Country

8.3. South America: Country Analysis

8.3.1. Brazil Decylalcohol (CAS 112-30-1) Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Raw Material

8.3.1.2.2. By Application

8.3.2. Argentina Decylalcohol (CAS 112-30-1) Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Raw Material

8.3.2.2.2. By Application

8.3.3. Colombia Decylalcohol (CAS 112-30-1) Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Raw Material

8.3.3.2.2. By Application

9. Middle East and Africa Decylalcohol (CAS 112-30-1) Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Raw Material

9.2.2. By Application

9.2.3. By Country

9.3. MEA: Country Analysis

9.3.1. South Africa Decylalcohol (CAS 112-30-1) Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Raw Material

9.3.1.2.2. By Application

9.3.2. Saudi Arabia Decylalcohol (CAS 112-30-1) Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Raw Material

9.3.2.2.2. By Application

9.3.3. UAE Decylalcohol (CAS 112-30-1) Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Raw Material

9.3.3.2.2. By Application

9.3.4. Egypt Decylalcohol (CAS 112-30-1) Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Raw Material

9.3.4.2.2. By Application

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

11.1. Recent Developments

11.2. Product Launches

11.3. Mergers & Acquisitions

12. Global Decylalcohol (CAS 112-30-1) Market: SWOT Analysis

13. Porter’s Five Forces Analysis

13.1. Competition in the Industry

13.2. Potential of New Entrants

13.3. Power of Suppliers

13.4. Power of Customers

13.5. Threat of Substitute Product

14. Competitive Landscape

14.1. Ecogreen Oleochemicals GmbH

14.1.1. Business Overview

14.1.2. Company Snapshot

14.1.3. Products & Services

14.1.4. Current Capacity Analysis

14.1.5. Financials (In case of listed)

14.1.6. Recent Developments

14.1.7. SWOT Analysis

14.2. Kao Corporation

14.3. Sasol Limited

14.4. Global Green Chemicals Public Company Limited

14.5. Emery Oleochemicals Sdn. Bhd.

14.6. KLK OLEO Ltd.

14.7. LG Chem Ltd.

14.8. Procter & Gamble Chemical Services Pte Ltd

14.9. BASF SE

14.10. Musim Mas Holdings Pte Ltd

15. Strategic Recommendations

16. About Us & Disclaimer

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Decylalcohol (CAS 112-30-1) Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Raw Material (Natural, Synthetic), By Application (Surfactants, Plasticizers, Cleaning Agent, Others), By Region and Competition 2018-2028

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Summary

Report Description

Table of content

Figures and Tables

Frequently asked questions

What was the market size of the Global Decylalcohol (CAS 112-30-1) Market in 2022?

Which was the dominant segment by raw material in the Global Decylalcohol (CAS 112-30-1) Market in 2022?

Which is the dominant region in the Global Decylalcohol (CAS 112-30-1) Market?

What are the major drivers for the Global Decylalcohol (CAS 112-30-1) Market?

Related Reports

Sakshi Bajaal

Business Consultant

Press Release

Why Choose Us