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Caprylic/Capric Triglycerides Accounted Multimillion Dollar Business Market Report: Croda International, Ecogreen Oleochemicals, Peter Cremer North America, LP, Parallels, IOI Oleo, Berg + Schmidt, Oleon group, Univar, Oxiteno
Global Caprylic/Capric Triglycerides Market accounted for USD 554.7 million in 2016 and projected to grow at a CAGR of 6.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.A mixed triester derived from coconut oil and glycerin. It comes in the form of an oily liquid, and is sometimes mistakenly referred to as fractionated coconut oil.
Caprylic mainly works as an emollient, dispersing agent and solvent. As an emollient, it both quickly penetrates the surface to condition the skin/hair, and provides a lightweight and non-greasy barrier of lubrication. As a dispersing agent, it helps enhance the delivery of vitamins, pigments and other active ingredients contained in a solution so that they become evenly spread out and fully absorbed by the epidermis. It's oily texture helps thicken cosmetic formulations and provides a slipperiness, which in turn allows for the easy spreadability of solutions and a smooth after-touch. Cosmetic manufacturers highly value this ingredient for its lack of color and odor, as well as for its stability. It possesses such great stability and resistance to oxidation, in fact, that it has an almost indefinite shelf life. You may find this ingredient in personal care products such as facial moisturizer, lipstick, anti-aging serums, sunscreen, foundation, eye cream and lip/eye liner.
Benefits:
• emollient
• skin-replenishing ingredient
• resist moisture loss
• thickener
• replenish skin
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The global Caprylic/capric triglycerides market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Global Caprylic/Capric Triglycerides Market Competitors:
• Croda International Plc
• Ecogreen Oleochemicals
• Peter Cremer North America
• LP
• Parallels
• IOI Oleo GmbH
• Berg + Schmidt
• Oleon group
• Univar Inc
• Oxiteno, and others
Major Market Drivers:
• Rising demand for personal care, food & beverages, pharmaceutical, and other sectors
• Strong demand and growing use of caprylic/capric triglycerides, especially in food & beverages products
• Releasing Gastric distress can create troubles in the long term
• Person allergic to coconut oil cannot use it
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Caprylic/Capric Triglycerides Market Segmentation:
The global caprylic/capric triglycerides market is segmented on the basis of application into Personal Care, Food & Beverages, Industrial, Pharmaceuticals, and others.
On the basis of geography, the global caprylic/capric triglycerides market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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