The global 1-decanol market size reached US$ 224.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 318.9 Million by 2028, exhibiting a growth rate (CAGR) of 5.85% during 2023-2028. The growing demand from personal care industry, rising product adoption as a solvent in the manufacturing of pharmaceuticals, easy availability of raw materials, development of new and advanced production methods, and technological advancements in production methods, represent some of the key factors driving the market.
1-Decanol, also known as decyl alcohol, is a fatty alcohol that belongs to the family of long-chain alcohols. It is an organic compound with the molecular formula C10H22O and a molecular weight of 158.28 g/mol. The compound has a linear chain of 10 carbon atoms with a hydroxyl group (-OH) attached to one end. It is a colorless liquid that is insoluble in water but soluble in most organic solvents such as ethanol, ether, and benzene. It has a characteristic odor and is also used as a surfactant and a lubricant in the production of synthetic textiles and plastics. In addition to its industrial applications, 1-decanol also has uses in the field of research. It is often used as a reference compound in chromatography and as a model compound for studying surface interactions and surfactant behavior. 1-Decanol can be produced through the hydrogenation of fatty acids or by the reduction of esters with sodium borohydride. It can also be obtained through the hydrolysis of the corresponding alkyl halides or by the fermentation of carbohydrates.
1-Decanol Market Trends:
One of the primary factors driving the market is the growing product demand from the personal care industry. 1-Decanol is used in the production of a wide range of personal care products, including soaps, shampoos, and cosmetics. Additionally, the rising product adoption as a solvent in the manufacturing of pharmaceuticals is positively influencing the market growth as it is also used as an intermediate in the production of active pharmaceutical ingredients. Other than this, the growth of the textile industry due to the rising popularity of synthetic fabrics, coupled with the increasing use of 1-Decanol as a lubricant, is accelerating the sales of 1-Decanol. Along with this, this product can be produced from a variety of raw materials, including fatty acids, esters, and carbohydrates. The availability of these raw materials at affordable prices is propelling the market growth. In line with this, the development of new and advanced production methods, such as hydrogenation of fatty acids and reduction of esters with sodium borohydride, has led to an increase in the efficiency of 1-Decanol production. This, in turn, has led to a reduction in production costs and an increase in the availability of 1-Decanol, which is driving the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global 1-decanol market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on the source and application.
- Petrochemical Based
- Oleochemical Based
The report has provided a detailed breakup and analysis of the 1-decanol market based on the source. This includes petrochemical based and oleochemical based. According to the report, oleochemical based represented the largest segment.
- Detergents and Cleaners
- Cosmetics and Personal Care
- Flavors and Fragrance
A detailed breakup and analysis of the 1-decanol market based on the application has also been provided in the report. This includes plasticizers, lubricants, detergents and cleaners, cosmetics and personal care, pharmaceuticals, flavors and fragrance, and others. According to the report, plasticizers accounted for the largest market share.
- North America
- United Kingdom
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for 1-decanol. Some of the factors driving the Asia Pacific 1-decanol market included increasing demand from end-use industries, favorable economic conditions, and shift toward sustainable and bio-based products.
The report has also provided a comprehensive analysis of the competitive landscape in the global 1-decanol market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include BASF SE, Berg+ Schmidt GmbH & Co. KG Stern-Wywiol Gruppe GmbH & Co. KG), Ecogreen Oleochemicals, Emery Oleochemcials LLC (EDENOR OLEOCHEMICLAS (M) SDN. BHD.), Exxon Mobil Corporation, Global Green Chemicals Public Company Limited, Kao Corporation, Kuala Lumpur Kepong Berhad, Merck KGaA, Musim Mas, SABIC, Sasol Ltd., Wilmar International Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
|Base Year of the Analysis
|Scope of the Report
||Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
||Petrochemical Based, Oleochemical Based
||Plasticizers, Lubricants, Detergents and Cleaners, Cosmetics and Personal Care, Pharmaceuticals, Flavors and Fragrance, Others
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||BASF SE, Berg+ Schmidt GmbH & Co. KG Stern-Wywiol Gruppe GmbH & Co. KG), Ecogreen Oleochemicals, Emery Oleochemcials LLC (EDENOR OLEOCHEMICLAS (M) SDN. BHD.), Exxon Mobil Corporation, Global Green Chemicals Public Company Limited, Kao Corporation, Kuala Lumpur Kepong Berhad, Merck KGaA, Musim Mas, SABIC, Sasol Ltd., Wilmar International Ltd., etc.
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Key Questions Answered in This Report:
- How has the global 1-decanol market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global 1-decanol market?
- What is the impact of each driver, restraint, and opportunity on the global 1-decanol market?
- What are the key regional markets?
- Which countries represent the most attractive 1-decanol market?
- What is the breakup of the market based on the source?
- Which is the most attractive source in the 1-decanol market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the 1-decanol market?
- What is the competitive structure of the global 1-decanol market?
- Who are the key players/companies in the global 1-decanol market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the 1-decanol market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global 1-decanol market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the 1-decanol industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.