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1-Decanol Market | Key players operating in the market include Kao Corporation, Wilmar International, Kuala Lumpur Kepong Berhad, Sasol, Musim Mas Holdings

05-03-2021 11:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

1-Decanol Market

1-Decanol Market

According to recent market research "1-Decanol Market by Source (Petrochemical Based and Oleochemical Based), Application (Plasticizers, Lubricants, Detergents & Cleaners, Cosmetics & Personal Care, Pharmaceuticals, Flavors & Fragrance), Region - Global Forecast to 2025", The 1-decanol market is projected to reach USD 264 million by 2025 from USD 198 million in 2020, at a CAGR of 5.9%.

Browse 114 market data Tables and 26 Figures spread through 174 Pages and in-depth TOC on "1-Decanol Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/1-decanol-market-121271411.html

Petroleum-based 1-decanols are produced through the hydrogenation of decanoic acid using the Ziegler process. In this method, fatty alcohols are produced using ethylene and organoaluminium compound. It is also a colorless liquid with a sweet pungent odor. Some petrochemical-based 1-decanols are biodegradable. The physical and chemical properties are equivalent to 1-decanol derived from natural sources. These can be used as feedstock for different chemical reactions where alcohol is used.

The personal care application includes bubble baths, body washes, hand soaps, shaving products, hair shampoos, and oral care. 1-decanol is used as conditioners, emollients, viscosifiers, sheen agents, and gloss agents in a wide range of personal care products for skin, hair, body, and color cosmetics. They are generally used in creams, lotions, and spray formulations. The growth in demand for natural products and organically derived oleochemicals, such as 1-decanol, is a big trend in the global cosmetics and toiletries market. Consumers are looking for improved quality products, which are also sustainable and green.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=121271411

The 1-decanol market is estimated to be USD 198 million in 2020 and is expected to reach USD 264 million by 2025, at a CAGR of 5.9% during the forecast period. Factors such as increased demand from home & personal care application and availability of raw materials and growing consumption of 1-decanol in emerging countries of APAC region is expected to drive the market during the forecast period.

Major players profiled in the report include Kao Corporation (Japan), Wilmar International Ltd. (Singapore), Kuala Lumpur Kepong Berhad (Malaysia), Sasol (South Africa), Musim Mas Holdings (Singapore), Emery Oleochemicals (Malaysia), Royal Dutch Shell (Netherlands), ExxonMobil Corporation (US), and BASF SE (Germany).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121271411

Musim Mas Holdings (Singapore) is one of the players in the 1-decanol market. The company is focusing on enhancing its position by expanding their business in various applications. For instance, Musim Mas holdings started its first R&D and innovation center, Novel Ideas Center, in Singapore. This facility focuses on developing new solutions using palm oil-based functional blends and specialty fats to address different needs across the food & beverage industry.

Sasol started a new alkoxylation plant in Nanjing, Jiangsu Province, China. The new production unit is expected to revolutionize and expand the company’s current alkoxylation capacity, R&D facility, and technical support capability in Nanjing. This expansion is expected to help the company strengthen its position in China and meet the country’s growing demand for specialty chemicals. The project is expected to either use branched or linear alcohols to meet customer requirements in applications, such as detergent, metalworking & lubrication, personal care, and others.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/1-decanol.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/1-decanol-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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