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Caprylyl Glycol Market Growth Accelerates: 6.3% CAGR Targets USD 2.69 Billion by 2032

09-18-2024 02:10 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Caprylyl Glycol Market Growth Accelerates: 6.3% CAGR Targets

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.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/caprylyl-glycol-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง

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.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

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:

โ€ข Ashland
โ€ข BASF SE
โ€ข Clariant AG
โ€ข Dow
โ€ข Evonik Industries AG
โ€ข Inolex, Inc.
โ€ข Lonza Group Ltd.
โ€ข Lotioncrafter
โ€ข Symrise
โ€ข Thor Personal Care

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/caprylyl-glycol-market/inquire-before-buying

๐‚๐š๐ฉ๐ซ๐ฒ๐ฅ๐ฒ๐ฅ ๐†๐ฅ๐ฒ๐œ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข 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.

โ€ข The personal care & cosmetics segment dominated the market in 2023, owing to the various advantages of haircare and skincare formulations.

โ€ข 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.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐œ๐จ๐ฉ๐ž:

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.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/caprylyl-glycol-market

๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ก๐š๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ญ๐ก๐ž ๐œ๐š๐ฉ๐ซ๐ฒ๐ฅ๐ฒ๐ฅ ๐ ๐ฅ๐ฒ๐œ๐จ๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐ž๐ง๐-๐ฎ๐ฌ๐ž:

๐‚๐š๐ฉ๐ซ๐ฒ๐ฅ๐ฒ๐ฅ ๐†๐ฅ๐ฒ๐œ๐จ๐ฅ, ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)

โ€ข Haircare Products
โ€ข Skincare Products
โ€ข Toiletries
โ€ข Makeup and Color Cosmetics
โ€ข Others

๐‚๐š๐ฉ๐ซ๐ฒ๐ฅ๐ฒ๐ฅ ๐†๐ฅ๐ฒ๐œ๐จ๐ฅ, ๐„๐ง๐-๐”๐ฌ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)

โ€ข Pharmaceuticals
โ€ข Cosmetics and Personal Care
โ€ข Industrial
โ€ข Others

๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐Ÿ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
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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