Press release
Behenyl Alcohol Market to Witness Robust Expansion by 2025
This report focuses on the key global Behenyl Alcohol players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Behenyl Alcohol with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Behenyl alcohol (CAS: 661-19-8), often referred to as ‘docosanol’, is a saturated fatty alcohol used to thicken and stabilise formulations.
Globally, Asia-Pacific is expected to dominate the market throughout the forecast period and is projected to witness a 1.4X increase in its volume production by the end of 2023. While Japan and India are two major exporters of behenyl alcohol chemicals globally, South Korea is one of the key importers of behenyl alcohol in Asia Pacific. In Asia Pacific, India is the largest producer of rapeseed and behenyl alcohol. A large number of companies based in the country export rapeseed to North America, Europe and other parts of Asia. The increase in demand for sun care products, in turn, is expected to boost overall demand for behenyl alcohol globally. Though the market is gaining traction in Asia-Pacific, low presence of Chinese players in the behenyl alcohol market has significantly reduced price competitiveness among the companies based in Japan, India and Europe. As a result, manufacturers are expected to generate high-profit margins in the Asia Pacific region. Europe is the next lucrative destination for behenyl alcohol manufacturers.
In 2019, the market size of Behenyl Alcohol is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
Market Segment by Manufacturers, this report covers
BASF
Kao Corporation
VVF Chemicals Limited
Godrej Industries
Sasol
Nikko Chemicals
Market Segment by Type, covers
Purity:70% to 80%
Purity:80% to 90%
Purity Over 90%
Others
Market Segment by Applications, can be divided into
Cosmetics Industry
Pharmaceuticals
Others
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Related Information:
North America Behenyl Alcohol Market Growth 2019-2024
United States Behenyl Alcohol Market Growth 2019-2024
Asia-Pacific Behenyl Alcohol Market Growth 2019-2024
Europe Behenyl Alcohol Market Growth 2019-2024
EMEA Behenyl Alcohol Market Growth 2019-2024
Global Behenyl Alcohol Market Growth 2019-2024
China Behenyl Alcohol Market Growth 2019-2024
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