Behenyl Alcohol Market

Market Overview:

The global behenyl alcohol market is expected to exhibit a growth rate (CAGR) of 3.4% during 2023-2028.

Behenyl alcohol, or docosanol, is a saturated fatty alcohol usually obtained from vegetable sources and non-genetically modified plants. It is widely used in cosmetic and skincare products, such as deodorants, lotions, lipsticks, foundations, ointments, body butter and scrubs, as a binding, thickening, emulsifying and opacifying agent. Behenyl alcohol aids in reducing the transparency of the product and thickening the consistency to obtain a spreadable texture. It is applied to the face and body for nourishing the skin and preventing moisture loss. As a result, it finds extensive applications for the manufacturing of personal care products, pharmaceuticals and nutritional supplements.

Behenyl Alcohol Market Trends:

Significant growth in the cosmetic industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing consumer preference for organic and natural personal care and cosmetic products is providing a thrust to the market growth. Behenyl alcohol is widely used in anti-aging and anti-wrinkle creams to prevent acne and reduce the visibility of fine lines and skin discoloration. In line with this, various product innovations, such as the development of hypoallergenic herbal creams that are safe to be used on sensitive skins, are acting as other growth-inducing factors. Product manufacturers are also launching innovative and aesthetically appealing bottles and packaging solutions to attract the attention of the consumers. Additionally, the widespread product adoption for the manufacturing of plant-based dietary and nutritional supplements is also favoring the growth of the market. Other factors, including the increasing expenditure capacities of the consumers, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global behenyl alcohol market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on purity level, application and end use.

Breakup by Purity Level:

• Purity 70% to 80%
• Purity 80% to 90%
• Purity Over 90%
• Others
   

Breakup by Application:

• Emollients
• Emulsifiers
• Thickeners
• Others
   

Breakup by End Use:

• Cosmetics
• Pharmaceuticals
• Nutritional Supplement
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Godrej Industries, Jarchem Industries Inc., Kao Corporation, Kokyu Alcohol Kogyo Co.Ltd., Koster Keunen, New Japan Chemical Co. Ltd., Nikko Chemicals Co. Ltd., Nippon Surfactant Industries Co.Ltd., NOF Corporation, Sisco Research Laboratories Pvt. Ltd. and VVF Chemicals Ltd.

Report Coverage:

Key Questions Answered in This Report:

• How has the global behenyl alcohol market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global behenyl alcohol market?
• What are the key regional markets?
• What is the breakup of the market based on the purity level?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the end use?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global behenyl alcohol market and who are the key players?
• What is the degree of competition in the industry?