Global 1-Decanol Market – Industry Trends and Forecast to 2030

Global 1-Decanol Market, By Type (Synthetic, Natural), Source Type (Petrochemical Based, Oleochemical Based), Application (Plasticizers, Lubricants, Detergents and Cleaners, Cosmetics and Personal Care, Pharmaceuticals, Flavours and Fragrances, Others) – Industry Trends and Forecast to 2029.

1-Decanol Market Analysis and Size

The 1-decanol market is anticipated to witness significant growth during the forecast period due to increasing demand for surfactant-based products such as washing soaps and detergents. The demand for hygiene and personal care products is progressively increasing as a safety measure against coronavirus. 1-decanol work as a surfactant. The availability of 1-decanol hastens the lowering of surface tension. The property of high diffusion of 1-decanol aids in quick and easy cleaning. As a result, this could enhance the market growth in the upcoming years.

Data Bridge Market Research analyses that the 1-decanol market is expected to reach USD 362.42 million by 2030, which is USD 220.64 million in 2022, registering a CAGR of 6.40% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

1-Decanol Market Scope and Segmentation

Market Definition

1-Decanol is a derivative of natural fat or oil or, with the formula of C10H22O. The IUPAC name of 1-decanol is Dec-1-ol. The hydrogenation reaction of decanoic acid normally prepares it. It generally has an aromatic smell, boiling point 232.90C ad density of 0.8297 g/cm3. The main types of 1-Decanol are natural and synthetic. Natural 1-Decanol is formed from plant sources such as babaco fruit, citrus oils, apple, coriander and others. The synthetic 1-Decanol is formed from Ziegler processing in which fatty alcohols are produced from ethylene by using an organ aluminium compound.

1-Decanol Market Dynamics

Drivers

• Increasing demand for 1-decanol in the personal care and home industry

Penetration of Natural 1-decanol market has augmented in surfactant-based industries such as soaps & detergents and personal care & cosmetics. Moreover, surfactant-based products such as washing soaps and detergents have considerably augmented in demand, eventually driving the targeted market's growth rate. As a safety measure against coronavirus outbreak, the demand for the hand sanitizers, soap and other personal care products rises. 1-Decanol is a co-surfactant that has found in numerous cleaning products. The presence of 1-decanol maintains the lowering of surface tension. The high diffusion properties of 1-decanol help in easy and quick cleaning. Surfactants highly containing 1-decanol which perform differently in density, cloud point, flashpoint and viscosity. In the pulp and paper, cosmetics industries, 1-decanol-based surfactants are used as wetting and cleaning agents. In the cosmetic and textile industries, 1-decanol surfactants are mainly used as emulsifying and solubilizing agents. These 1-decanol properties and functions are anticipated to drive its demand in the personal care and homecare industries and boost the rate growth rate during the forecast period.

Opportunities

• Increasing demand for petrochemical-based 1-decanol

Petrochemicals create numerous common things, such as detergents, clothing, tires, digital gadgets, packaging and many more. They can also be found in several components of the present energy system, including batteries, building thermal insulation, solar panels, wind turbine blades and electric vehicle components. Twelve percent of the oil consumption globally includes petrochemical feedstock. This percentage is expected to increase owing to the growing demand for fertilizers, plastics and other goods. The Ziegler process is used to form petroleum-based 1-decanols through hydrogenating decanoic acid. Using an organoaluminium and ethylene compound, fatty alcohols are formed in this method. It's a colourless liquid with a sweet, pungent odour. Some 1-decanols derived petrochemicals are biodegradable in nature. The chemical and physical properties are similar to those of natural 1-decanol. These can be utilized as feedstock in numerous chemical reactions involving alcohol. Therefore, the Increasing demand for petrochemical-based 1-decanol will generate lucrative opportunities from the market's growth rate.

 Restraints/ Challenges

• Fluctuating prices of raw materials

The fluctuating prices of raw materials are anticipated to limit the 1-Decanol market growth. 1-Decanol is formed through natural and synthetic methods. In the synthetic method, the main source is petroleum-derived feedstock and in the natural method, palm kernel, palm, and coconut oil. Are the major sources. In the synthetic process, the expense of petroleum always depends on the price of crude oil which is unpredictable and volatile. For instance, the price of crude oil per barrel was around $52.28 in January 2020 and the expense was around $48.71 in December 2020. Thus, fluctuating prices of raw materials have a negative impact on the 1-Decanol market growth.

This 1-decanol market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the 1-decanol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Covid-19 Impact on Global 1-Decanol Market

The demand for personal care and household cleaning products increased due to COVID-19 impact, which contributed to the growth of the 1-Decanol market during the pandemic period. The awareness and usage of personal care products and home care products such as detergents, soaps and sanitisers have augmented because of the covid-19 pandemic so that the spread of the virus scan be reduced. As per the report of World Health Organization, to prevent the infection one should always wash hands frequently with water and soap or clean hands with alcohol-based hand rub. The upsurge in the usage of personal care products including sanitisers and soap during pandemic has increased the demand for the 1-decanol.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global 1-Decanol Market Scope 

The 1-decanol market is segmented on the basis of type, source type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Synthetic
• Natural

 Source Type

• Petrochemical Based
• Oleochemical Based

Application

• Plasticizers
• Lubricants
• Detergents and Cleaners
• Cosmetics and Personal Care
• Pharmaceuticals
• Flavours and Fragrances
• Others

1-Decanol Market Regional Analysis/Insights

The 1-decanol market is analyzed and market size insights and trends are provided by country, type, source type and application as referenced above.

The countries covered in the 1-decanol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to dominate the 1-decanol market owing to high demand for personal care products in this region. Moreover, due to the strong presence of well-established end-user industries, the huge industrial base in major economies such as China and India will further boost the market growth.

Europe is anticipated to be the fastest growing region in 1-decanol market during the forecast period of 2023-2030 owing to increase in preference for biodegradable materials and rise in demand for beauty products in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and 1-Decanol Market Share Analysis

The 1-decanol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 1-decanol market.

Some of the major players operating in the 1-decanol market are:

• Kao Corporation (Japan)
• BASF SE (Germany)
• SASOL (South Africa)
• Exxon Mobil Corporation (U.S.)
• Shell (U.K.)
• Parchem fine & specialty chemicals (U.S.)
• Merck KGaA (Germany)
• Spectrum Chemical (U.S.)
• Tokyo Chemical Industry Co., Ltd. (Japan)
• Wilmar International Ltd (Singapore)
• Arkema (France)
• SABIC (Saudi Arabia)
• Jarchem Innovative Ingredients LLC (U.S.)
• Emery Oleochemicals (U.S.)
• Restek Corporation (U.S.)