Press release
Global 9-decanoic Acid Methyl Ester Market to grow at a CAGR of 7.45% during the period 2017-2021
About 9-decanoic Acid Methyl Ester
The 9-decanoic acid methyl ester is a saturated fatty acid, which is also known by the chemical name methyl decanoate. It is majorly obtained from coconut oil and palm oil through transesterification process, where the triglyceride is converted to methyl ester and glycerol in the presence of methanol as the catalyst.
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The 9-decanoic acid methyl ester market is segmented based on applications as flavors and fragrance industry, pharmaceuticals industry, and others.
Technavios analysts forecast the global 9-decanoic acid methyl ester market to grow at a CAGR of 7.45% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global 9-decanoic acid methyl ester market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global 9-decanoic Acid Methyl Ester Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Elevance Renewable Sciences
J&K Scientific
Matreya
Merck
P&G Chemicals
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Other prominent vendors
Adamas Reagent
Chemsky (Shanghai) International
MP Biomedicals
TCI Chemicals
YANCHENG CITY CHUNZHU AROMA
Market driver
Increased demand for oleochemicals
For a full, detailed list, view our report
Market challenge
Availability of substitutes for 9-decanoic acid methyl ester
For a full, detailed list, view our report
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Market trend
Increasing demand from cosmetics and personal care industries
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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