Global 1-Decanol Market Size, Forecasts, And Opportunities
Learn about the global 1-decanol market through The Business Research Company, which provides information on 1-decanol market size, 1-decanol market drivers and restraints, 1-decanol market players, the COVID-19 impact on the 1-decanol market, and more.
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The global 1-decanol market is expected to grow from $175.95 million in 2020 to $207.37 million in 2021 at a compound annual growth rate (CAGR) of 17.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global 1-Decanol market is expected to reach $262.69 million in 2025 at a CAGR of 6.1%.
Increased demand for personal care and household cleaning products due to COVID-19 impact is expected to drive innovation in 1-decanol, thus driving the market during the forecast period.
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The 1-Decanol market consists of sales of 1-Decanol and related services by entities (organizations, sole traders and partnerships) that manufacture 1-decanol. 1-Decanol is a chain of fatty alcohol that is colorless to light yellow viscous liquid and insoluble in water. 1-Decanol is used in manufacturing plasticizers, lubricants, surfactants.
Global 1-decanol market segments include:
By Type: Synthetic, Natural
By Application: Plasticizers, Lubricants, Detergents And Cleaners, Cosmetics And Personal Care, Pharmaceuticals, Flavors And Fragrances, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the 1-Decanol market in 2020.
The fluctuating raw material prices are expected to limit the growth of the 1-Decanol market. 1-Decanol is produced through synthetic and natural methods. In the synthetic method, the petroleum-derived feedstock is the main source and in the natural method, palm, palm kernel, and coconut oil. In the synthetic process, the price of petroleum always depends on the crude oil price per barrel which is volatile and unpredictable.
TBRC’s 1-decanol market report covers:
Major Market Players: Kuala Lumpur Kepong Berhad (KLK Oleo), Sasol, Musim Mas Holdings, Emery Oleochemicals, BASF SE, Ecogreen Oleochemicals, P&G Chemicals, Berg + Schmidt, Cremer Oleo GmbH, Global Green Chemicals Public, New Japan Chemical, Central Drug House, Chemical Bull, Parchem fine & specialty chemicals, Santa Cruz Biotechnology, Spectrum Chemical Manufacturing, and Thermo Fisher Scientific.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The 1-Decanol Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides 1-decanol market overviews, analyzes and forecasts market size, share, 1-decanol market players, 1-decanol market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s 1-decanol market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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