Global Behenyl Alcohol Market to Grow at 2.97% During 2024-2032, Impelled by Increasing Product Demand in Pharmaceutical Industry

October 31, 2022 | Chemical & Materials

According to the latest report by IMARC Group, titled "Behenyl Alcohol Market Report by Purity Level (Purity 70% to 80%, Purity 80% to 90%, Purity Over 90%, and Others), Application (Emollients, Emulsifiers, Thickeners, and Others), End Use (Cosmetics, Pharmaceuticals, Nutritional Supplement, and Others), and Region 2024-2032," the global behenyl alcohol market is expected to exhibit a CAGR of 2.97% during 2024-2032. Behenyl alcohol, or docosanol, is a synthetic or plant-derived thickening agent and emulsifier that is used in cosmetics. It is a saturated fatty alcohol with a white, waxy solid in appearance and is represented by the formula C22H46O. It can be widely used in anhydrous formulations, such as body butter, ointments, and scrubs. It is traditionally used as an emulsifier, emollient, and thickener in nutritional supplements. It is also effective in reducing cold sores caused by the herpes simplex virus. Behenyl alcohol, with a purity level of approximately 70%, is used widely for numerous applications in diverse sectors.

Global Behenyl Alcohol Market Trends:

The global market is majorly driven by the increasing product application in the pharmaceutical and organic cosmetics industries. In line with this, the rising demand for anti-ageing products is significantly contributing to the global market growth. Furthermore, the abundance of low-cost raw materials and labor and increased demand for organic cosmetics are creating a positive outlook for the market. Apart from this, the growing market penetration by major manufacturers of behenyl alcohol in underdeveloped markets is positively influencing the market. Moreover, the escalating demand for sunscreen lotions and other sun care products among the masses is catalyzing the product demand. Besides, the increasing focus on appearance and personal hygiene is driving the need for personal care products, which, in turn, is favoring the growth of the behenyl alcohol market. Additionally, new product launches based on plant-based ingredients are offering numerous opportunities for market expansion.

Market Summary:

  • On the basis of the purity level, the market has been segmented into purity 70% to 80%, purity 80% to 90%, purity over 90%, and others.
  • Based on the application, the market has been categorized into emollients, emulsifiers, thickeners, and others.
  • On the basis of the end use, the market has been classified into cosmetics, pharmaceuticals, nutritional supplements, and others.
  • On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market. Some of the key players include 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 Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Purity Level, Application, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
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Global Behenyl Alcohol Market to Grow at 2.97% During 2024-2032, Impelled by Increasing Product Demand in Pharmaceutical Industry
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