Decanol Market by Source (Oleochemical Based and Petrochemical Based), by Application (Cosmetics & Personal Care, Flavors & Fragrances, Lubricants, Pharmaceuticals, and Plasticizers): Global Opportunity Analysis and Industry Forecast, 2021–2030

Decanol Market Outlook – 2030

Decanol is a derivative of natural fat or oil. The hydrogenation action of decanoic acid forms decanol. The density of decanol is 0.8297 g/cm3, boiling point 232.90C and has an aromatic odor.  It is a colorless liquid, a lubricating agent and is inflammable.. It has solubilizing and emulsifying properties due to which it can be used as anti-spalling agent in concrete. In natural based wetting agents, decanol is used as an antifoam and raw material for surfactants and solvents. Because of its ability to permeate the skin, it is also used as penetration enhancer in transdermal drug delivery in the pharmaceutical industry. It is a biodegradable substance and hence degrades in the environment. The names for decanol are 1- Decanol, Decyl Alcohol, n-Decanol, primary Decyl Alcohol, Decylic Alcohol, n- Decyl Alcohol, Capric Alcohol, and Alcohol C-10. The molecular formula for decalon is C10H21OH.

Market Scope and Structure Analysis

Covid-19 Impact analysis

• The increase in the demand for personal care products gave a boost to the decanol market in the pandemic. Usage of soaps, sanitizers and detergents increased in order to maintain personal hygiene.
• The growth in the market is seen due to the companies reshuffling their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures like social distancing, remote working, and the closure of commercial activities that resulted in many challenges for the operation.
• The rise in the demand from the pharmaceutical industry has boosted the growth of the decanol market during the covid-19 outbreak.

Top Impacting factors

The demand for surfactant-based products, such as detergents and washing soaps, has been growing. The demand for soaps, hand sanitizers, and other personal care products is also increasing as a precautionary measure against the spread of coronavirus. Decanol acts as a surfactant in cleaning products. The lowering of the surface tension is accelerated at the presence of decanol. High diffusion property of decanol help easy and rapid cleaning. Thus this can drive the market in upcoming years. The all-time collapse in oil prices due to lockdown implemented because of COVID-19, the production of plastic went down. Moreover, the adoption from the manufacturers towards advanced technologies could hamper the growth of the antimicrobial plastics market. This could prove as restraint during the forecast period.

Market Trends

Acquisition

• The adoption from the manufacturers towards advanced technologies could hamper the growth of the antimicrobial plastics market as this may lead to decrease in the demand of decanol and may use the substitute product.
• Companies are adopting marketing tactics like and merging and acquisition strategies to expand their market share. They are also shifting their production facilities to emerging economies in Asia-Pacific countries like India, China and Japan and in Latin America like Brazil and Argentina, due to the easy availability of land, cheap labor, and governmental subsidies.
• Decanols based on oleochemicals are made through the hydrogenation of decanoic acid. Palm oil, kernel oil, coconut oil, and rapeseed oil are some examples of natural sources. The oleochemical-based decanols are preferred in a variety of applications due to their biodegradability.

Key Segments covered

Source

• Oleochemical Based
• Petrochemical Based

Application

• Cosmetics & Personal Care
•  Flavors & Fragrances
•  Lubricants
• Pharmaceuticals
•  Plasticizers

Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific
  • India
  • China
  • Japan
  • Australia
  • Rest of Asia-Pacific
• LAMEA
  • Brazil
  • Saudi Arabia
  • Rest of LAMEA

Key Benefits of the Report

• This study presents the analytical depiction of the decanol industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the decanol market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the decanol market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed decanol market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the decanol report

• Who are the leading market players active in the decanol market?
• What current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?
  • Upcoming Report specific
• • • What is "decanol" Market prediction in the future?
    • Who are the leading global players in the "decanol" Market?
    • What are the current trends and predicted trends?
    • What are the challenges faced in the "decanol" Market?
    • What are the key benefits of the "decanol" Market report?
    • What will be the anticipated growth rates for your own decanol market economy altogether and also for every segment inside?

 Key Market Segments

 
Key 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 Ltd.