Press release
Caprylyl Glycol Market Growth Accelerates: 6.3% CAGR Targets USD 2.69 Billion by 2032
According to a recent report published by Polaris Market Research, "Caprylyl Glycol Market by Application, End Use, and Region Forecast, 2024-2032." The market was valued at USD 1.55 billion in 2023 and is projected to reach USD 2.69 billion by 2032, registering a CAGR of 6.3% during the forecast period.Caprylyl glycol plays a crucial role in the pharmaceutical industry, where it is utilized as a constituent in ointment bases, drug-conveying bearers in suppositories, capsule and tablet binders, and liquid authorization expressions. It also plays a crucial part in several veterinary drug compositions. Leather, plastics, resins, ceramics, rubber, glass, petroleum, and metal industries all profit from caprylyl glycol's imagination and an assortment of applications. Moreover, it plays an important role in the personal care industry, usually embraced in expressions such as creams, lotions, and shampoos driving up the caprylyl glycol market.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/caprylyl-glycol-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
Caprylyl glycol is a liquid addition that is frequently utilized in cosmetics, personal commodities, and some pharmaceuticals. It is a kind of alcohol that is produced from caprylic acid, a fatty acid detected in coconut oil, palm oil, and some animal fats. It is a multipurpose component that is essentially utilized as a preservative and stabilizer in cosmetics and personal care commodities. It is also known to possess palliative attributes, which indicate that it assists in moisturizing and softening the skin.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
The market is portrayed by fierce contention with entrenched players depending on progressive technology, elevated standard commodities, and a robust brand image to push revenue growth. Leaders in the caprylyl glycol market are enumerated as follows:
โข Ashland
โข BASF SE
โข Clariant AG
โข Dow
โข Evonik Industries AG
โข Inolex, Inc.
โข Lonza Group Ltd.
โข Lotioncrafter
โข Symrise
โข Thor Personal Care
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/caprylyl-glycol-market/inquire-before-buying
๐๐๐ฉ๐ซ๐ฒ๐ฅ๐ฒ๐ฅ ๐๐ฅ๐ฒ๐๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข The skincare products segment held the largest market share in 2023 due to increasing consumer interest in products like peels and face masks, lotions, and creams.
โข The personal care & cosmetics segment dominated the market in 2023, owing to the various advantages of haircare and skincare formulations.
โข Asia-Pacific has witnessed the fastest growth in the caprylyl glycol market due to the increasing demand for natural and organic cosmetics, the rising disposable income, and the changing lifestyle of people.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐จ๐ฉ๐:
The countries covered in the market report are Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa. According to the analysis, North America dominated the market with the largest share. Humectants, emollients, and preservatives are utilized in personal care and cosmetic commodities, which has led to their extensive acquisition. Moreover, with a strong CAGR throughout the foreseen period, the Asia Pacific region is expected to expand at the quickest rate.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/caprylyl-glycol-market
๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐ญ๐ก๐ ๐๐๐ฉ๐ซ๐ฒ๐ฅ๐ฒ๐ฅ ๐ ๐ฅ๐ฒ๐๐จ๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ง๐-๐ฎ๐ฌ๐:
๐๐๐ฉ๐ซ๐ฒ๐ฅ๐ฒ๐ฅ ๐๐ฅ๐ฒ๐๐จ๐ฅ, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Haircare Products
โข Skincare Products
โข Toiletries
โข Makeup and Color Cosmetics
โข Others
๐๐๐ฉ๐ซ๐ฒ๐ฅ๐ฒ๐ฅ ๐๐ฅ๐ฒ๐๐จ๐ฅ, ๐๐ง๐-๐๐ฌ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Pharmaceuticals
โข Cosmetics and Personal Care
โข Industrial
โข Others
๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Polyethylene Furanoate (PEF) Market: https://www.polarismarketresearch.com/industry-analysis/polyethylene-furanoate-pef-market
Graphic Film Market: https://www.polarismarketresearch.com/industry-analysis/graphic-film-market
Catalyst Market: https://www.polarismarketresearch.com/industry-analysis/catalyst-market
Homogeneous Precious Metal Catalyst Market: https://www.polarismarketresearch.com/industry-analysis/homogeneous-precious-metal-catalyst-market
Water-Based Barrier Coatings Market: https://www.polarismarketresearch.com/industry-analysis/water-based-barrier-coatings-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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United States
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Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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