4-Decanol Market - Forecast(2023 - 2028)

Report Code: CMR 18161 Report Format: PDF + Excel

4-Decanol Market Overview

The 4-Decanol Market size is estimated to reach more than US$190 million by 2027, growing at a CAGR of 5.8% during the forecast period 2022-2027. 4-Decanol, also known as decan-4-ol, is a fatty alcohol chain with a colorless to light yellow viscous liquid that is insoluble in water. The increasing demand for 4-decanol from various applications, such as cosmetics, plasticizers, chemical intermediates and others, can be attributed to the growth of the global 4-Decanol Market. Moreover, rising awareness of the benefits of using 4-decanol is propelling the global 4-Decanol Market forward. According to Invest India, the beauty and personal care product market in India is currently worth $26.8 billion and is expected to grow to $37.2 billion by 2025. The COVID-19 pandemic majorly impacted the 4-Decanol Market due to restricted production, supply chain disruption, logistics restrictions and a fall in demand. However, with robust growth and flourishing applications across major industries such as personal care & cosmetics and others, the 4-Decanol industry is anticipated to grow rapidly during the forecast period.

4-Decanol Report Coverage

The “4-Decanol Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the 4-Decanol industry.

By Type: Synthetic and Natural.
By Application: Plasticizers, Lubricants, Surfactants, Solvents, Chemical Intermediate, Detergents & Cleaners and Others.
By End-use Industry: Personal Care & Cosmetics (Body Care, Face Care, Eye Care, Nail Care, Fragrances and Others), Chemical & Pharmaceutical, Plastic Industry, Agrochemical and Others.
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, the Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Takeaways

  • Asia-Pacific dominates the 4-Decanol Market size. An increase in demand from end-user sectors, such as personal care & cosmetics and others, is the main factor driving the region's growth.
  • The 4-Decanol industry would see numerous opportunities throughout the forecast period due to the rising demand for 4-Decanol in agrochemical and expansion in the chemical industry.
  • One of the primary factors contributing to the 4-Decanol Market's favorable outlook is significant growth in the plastic sector around the world.
  • However, the 4-Decanol Market's expansion is projected to be hampered by the fluctuating raw material prices.

Figure: 4-Decanol Market Revenue Share by Geography, 2021 (%)
4-Decanol Market

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4-Decanol Market Segment Analysis – by Type

The Natural type segment held a significant share in the 4-Decanol Market in 2021 and is projected to grow at a CAGR of 5.9% during the forecast period 2022-2027. Natural decanol is a colorless liquid with a distinct alcohol odor. It is insoluble in water but soluble in a wide range of organic solvents. Natural decanol is created by fermenting sugars and starches. It is used in the production of cosmetics and personal care products, plasticizers and chemical intermediates. Increasing demand for natural-based products is the main factor driving the 4-Decanol Market. These extensive properties compiled with increasing applications of 4-Decanol are majorly driving its segmental growth. Thus, the use of Natural based 4-Decanol in the various end-use industries would propel the 4-Decanol Market size.

4-Decanol Market Segment Analysis – by End-use Industry

The Personal Care & Cosmetics segment held a significant share in the 4-Decanol Market in 2021 and is projected to grow at a CAGR of 6.4% during the forecast period 2022-2027. 4-Decanol, also known as decan-4-ol, is used in a variety of cosmetics and personal care products, including shampoos, conditioners, soaps and lotions. It is a colorless liquid and fatty alcohol that keeps these products from drying out and keeps them feeling smooth and creamy. 4-Decanol is also used as an emollient, which is a substance that softens and moisturizes the skin. The desire to look beautiful and youthful is driving product sales, allowing for deeper penetration and expansion into newer markets. According to the International Trade Administration, Mexico's overall cosmetic sector output increased from $7.10 billion in 2018 to $7.15 billion in 2019. According to Cosmetic Europe, the personal care and cosmetics industry has witnessed a growth of 1.3% in 2018 as compared to 2017. With the rise in the demand for personal care & cosmetics across the globe, the demand for 4-Decanol is anticipated to rise for various applications, which is projected to boost the market growth in the personal care & cosmetics industry during the forecast period.

4-Decanol Market Segment Analysis – by Geography

The Asia-Pacific region held a significant share in the 4-Decanol market in 2021 and is projected to grow at a CAGR of 39.7% during the forecast period 2022-2027. The fueling demand and growth of 4-Decanol in this region are influenced by flourishing demand from major industries such as personal care & cosmetic, oil & gas and others, along with fueling manufacturing activities across APAC. The personal care & cosmetic sector is growing rapidly in Asia-Pacific due to rapid technological development, product innovation and expanding consumer preference. According to the India Brand Equity Foundation (IBEF), the beauty, cosmetics and grooming market in India is expected to grow from US$6.5 billion in 2020 to US$20 billion by 2025. According to the International Trade Administration, Thailand's beauty and personal care goods market was valued at around US$6.2 billion in 2018 and is projected to grow to US$8.0 billion by 2022. Thailand's beauty and personal care sector is projected to grow at a rate of 7.3 percent per year from 2019 to 2022. With the rise in personal care & cosmetic production and flourishing consumer demand in APAC, the demand for 4-Decanol for a wide range of applications would grow. This is anticipated to boost the 4-Decanol industry in the Asia-Pacific region during the forecast period.

4-Decanol Market Drivers

Rising Demand from the Pharmaceutical & Chemical Industry:

The rapid rise in demand for bio-based and renewable resource-based products, along with the rise in penetration enhancers in transdermal drug delivery in the pharmaceutical industry, are expected to drive the 4-Decanol Market during the forecast period. It is also used in the production of other chemicals as a chemical intermediate, thereby driving the 4-Decanol Market in the pharmaceutical & chemical industry. According to Invest India, India's pharmaceutical industry is expected to be worth $65 billion by 2024 and $120 billion by 2030. According to the National Investment Promotion & Facilitation Agency, the chemical industry in India is projected to reach US$300 billion by 2025. According to the European Chemical Industry Council (CEFIC), the chemical output in EU27 to grow by 2.5% in 2022, after following a growth of 6% in 2021. With the rise in the demand for pharmaceutical & chemical industries across the globe, the demand for 4-Decanol is anticipated to rise for various applications, which is projected to boost the market growth in the pharmaceutical & chemical industry during the forecast period.

Bolstering Growth of the Plastic Industry:

4-Decanol, also known as decan-4-ol, is a fatty alcohol chain that is used to manufacture plasticizers. Increasing demand for plastic across the globe is driving the 4-Decanol Market. According to the UN Environment Programme, global primary plastic production is expected to reach 1,100 million tonnes by 2050. According to Plastics Europe Market Research Group (PEMRG), the total world production of plastics stood at 368 million tonnes in the year 2019, an increase of 2.5% from the previous year's production of 359 million tonnes. With the rise in plastic production across the globe, the demand for 4-Decanol is anticipated to rise for various end-use industries, which is projected to boost the 4-Decanol Market growth in the plastic industry during the forecast period. 

4-Decanol Market Challenge

Fluctuating Raw Material prices:

Price fluctuations in raw materials used in making 4-Decanol are a significant concern for the 4-Decanol global market. Synthetic and natural methods are used to produce 4-decanol. Petroleum-derived feedstock is the primary source in the synthetic method, while palm, palm kernel and coconut oil are the primary sources in the natural method. The price of petroleum in the synthetic process is always determined by the price of crude oil per barrel, which is volatile and unpredictable. According to the BP Statistical Review of World Energy 2021 report, crude oil prices have fluctuated quite frequently in recent years. For instance, the Brent crude oil price decreased from US$52.39/bbl in 2015 to US$43.73/bbl in 2016. Then it increased from US$54.19/bbl in 2017 to US$71.31/bbl in 2018 and then decreased to US$41.84/bbl in 2020. This results in a considerable increase in product prices, which drives up manufacturing costs and reduces manufacturers' profit margins. Thus, this price fluctuation limits the 4-Decanol Market growth.

4-Decanol Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the 4-Decanol Market. The top 10 companies in the 4-Decanol Market are:

  1. AK Scientific, Inc.
  2. Santa Cruz Biotechnology, Inc.
  3. Hangzhou Dayangchem Co. Ltd.
  4. Chemos GmbH & Co. KG
  5. BuGuCh & Partners
  6. Leap Chem Co., Ltd
  7. Wilmar International Ltd.
  8. Kuala Lumpur Kepong Berhad
  9. BASF SE
  10. Sasol

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1. 4-Decanol Market - Market Overview
    1.1 Definitions and Scope
2. 4-Decanol Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Application
    2.3 Key Trends by End-use Industry
    2.4 Key Trends by Geography
3. 4-Decanol Market – Comparative analysis
    3.1 Market Share Analysis - Major Companies
    3.2 Product Benchmarking - Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis - Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. 4-Decanol Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. 4-Decanol Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. 4-Decanol Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter's Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. 4-Decanol Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. 4-Decanol Market - by Type (Market Size - US$ Million/Billion)
    8.1 Synthetic
    8.2 Natural
9. 4-Decanol Market - by Application (Market Size - US$ Million/Billion)
    9.1 Plasticizers
    9.2 Lubricants
    9.3 Surfactants
    9.4 Solvents
    9.5 Chemical Intermediate
    9.6 Detergents & Cleaner
10. 4-Decanol Market - by End-use Industry (Market Size - US$ Million/Billion)
    10.1 Personal Care & Cosmetics
        10.1.1 Body Care
        10.1.2 Face Care
        10.1.3 Eye Care
        10.1.4 Nail Care
        10.1.5 Fragrances
        10.1.6 Others
    10.2 Chemical & Pharmaceutical
    10.3 Plastic Industry
    10.4 Agrochemical
    10.5 Others
11. 4-Decanol Market - by Geography (Market Size - US$ Million/Billion)
    11.1 North America
        11.1.1 The USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 The UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 The Netherlands
        11.2.6 Spain
        11.2.7 Belgium
        11.2.8 The Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 The Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 The Rest of South America
    11.5 The Rest of the World
        11.5.1 The Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 The UAE
            11.5.1.3 Israel
            11.5.1.4 The Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 The Rest of Africa
12. 4-Decanol Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. 4-Decanol Market– Industry/Segment Competition Landscape Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share by Key Region - Major companies
    13.4 Market Share by Key Country - Major companies
    13.5 Market Share by Key Application - Major companies
    13.6 Market Share by Key Product Type/Product category - Major companies
14. 4-Decanol Market – Key Company List by Country Premium Premium
15. 4-Decanol Market Company Analysis - Business Overview, Product Portfolio, Financials and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
* "Financials would be provided to private companies on best-efforts basis."
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LIST OF TABLES

LIST OF FIGURES

1.US 4-Decanol Market Revenue, 2019-2024 ($M)
2.Canada 4-Decanol Market Revenue, 2019-2024 ($M)
3.Mexico 4-Decanol Market Revenue, 2019-2024 ($M)
4.Brazil 4-Decanol Market Revenue, 2019-2024 ($M)
5.Argentina 4-Decanol Market Revenue, 2019-2024 ($M)
6.Peru 4-Decanol Market Revenue, 2019-2024 ($M)
7.Colombia 4-Decanol Market Revenue, 2019-2024 ($M)
8.Chile 4-Decanol Market Revenue, 2019-2024 ($M)
9.Rest of South America 4-Decanol Market Revenue, 2019-2024 ($M)
10.UK 4-Decanol Market Revenue, 2019-2024 ($M)
11.Germany 4-Decanol Market Revenue, 2019-2024 ($M)
12.France 4-Decanol Market Revenue, 2019-2024 ($M)
13.Italy 4-Decanol Market Revenue, 2019-2024 ($M)
14.Spain 4-Decanol Market Revenue, 2019-2024 ($M)
15.Rest of Europe 4-Decanol Market Revenue, 2019-2024 ($M)
16.China 4-Decanol Market Revenue, 2019-2024 ($M)
17.India 4-Decanol Market Revenue, 2019-2024 ($M)
18.Japan 4-Decanol Market Revenue, 2019-2024 ($M)
19.South Korea 4-Decanol Market Revenue, 2019-2024 ($M)
20.South Africa 4-Decanol Market Revenue, 2019-2024 ($M)
21.North America 4-Decanol By Application
22.South America 4-Decanol By Application
23.Europe 4-Decanol By Application
24.APAC 4-Decanol By Application
25.MENA 4-Decanol By Application