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Global 9 Decanoic Acid Methyl Ester Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Sep 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Chemical and Materials
  • Upcoming Report
  • Sep 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global 9 Decanoic Acid Methyl Ester Market, By Type (Natural 9-Dесаnоіс Аcid Мethyl Еѕtеr, Ѕуnthеtіс 9-Dесаnоіс Асіd Меthуl Еѕtеr), Аррlісаtіоn (Flаvоrѕ & Frаgrаnсеѕ, Рhаrmасеutісаlѕ, Соѕmеtісѕ & Реrѕоnаl Саrе, Оthеrѕ) – Industry Trends and Forecast to 2029.

9 Decanoic Acid Methyl Ester Market

9 Decanoic Acid Methyl Ester Market Analysis and Size

The 9-decanoic acid methyl ester market is expected to witness significant growth during forecast period. The market growth can be recognised by increasing demand from several industries such as fl?v?r? & fr?gr?n???, ?h?rm???ut???l?, ???m?t??? & ??r??n?l ??r? and others. The “flavour and fragrances” is the highest growing application segment due to its fruit-like flavor and aroma. Furthermore, rising demand for soaps and detergents is another major factor which is anticipated to stimulate the consumption of 9-decanoic acid methyl ester as this is one of the major ingredients of soaps and detergents.

Data Bridge Market Research analyses that the 9 decanoic acid methyl esters market was valued at USD 189.47 million in 2021 and is expected to reach USD 292.99 million by 2029, registering a CAGR of 5.60% during the forecast period of 2022 to 2029. 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.

9 Decanoic Acid Methyl Ester Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Natural 9-D???n??? ?cid ?ethyl ??t?r, ??nth?t?? 9-D???n??? ???d ??th?l ??t?r), ???l???t??n (Fl?v?r? & Fr?gr?n???, ?h?rm???ut???l?, ???m?t??? & ??r??n?l ??r?, ?th?r?), 

Countries Covered

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

Market Players Covered

Matreya, LLC (U.S.), BASF SE (Germany), Procter & Gamble (U.S.), TCI Chemicals (India) Pvt. Ltd. (India), Alfa Aesar (U.S.), Merck & Co., Inc. (U.s.), Chemsky (Shanghai) International Co., Ltd (China), J&K Scientific Ltd (U.S.), Tokyo Chemical Industry Co., Ltd. (Japan), LGC Limited (U.K.), Elevance Renewable Sciences, Inc. (U.S.),

Market Opportunities

  • Increase in the number of emerging markets
  • Increasing consumption of 9 decanoic acid methyl ester in multiple end user industries
  • Rise in strategic collaborations

Market Definition

9-decanoic acid methyl ester is also called methyl decanoate and is saturated fatty acid. It is mainly obtained from palm oil and coconut oil through transesterification process. In the transesterification process, the triglyceride is converted into glycerol and methyl ester in the presence of methanol which is acting as the catalyst.

Global 9 Decanoic Acid Methyl Ester Market Dynamics

Drivers

  • Increasing demand of 9 decanoic acid methyl ester in food industries

9 decanoic acid methyl ester is used used for imparting fruit flavors in several products such as dairy products, jams, jellies, wines etc. These factors have driven the demand for extraction of ester from organic and natural resources, which is expected to propel the global 9 decanoic acid methyl ester market during the forecast period of 2022-2029.

  • Rising demand of sustainable and biodegradable product

9 decanoic acid methyl ester is increase in demand in numerous end-user industries because ofusing eco-friendly processes. 9 decanoic acid methyl ester is manufactured using environmentally friendly processes, and flavours are developed using bio-based chemicals. Increasing awareness regarding the use of environment-friendly products in emerging economies is the major driving factor, which is expected to boost the growth of the global Fatty methyl ester sulfonate market. 

Furthermore, increasing demand for soaps and detergents is a dynamic factor which is boosting the market growth, also rising demand from cosmetics and personal care industries and increasing demand for flavours and fragrances are some factors among others which are anticipated to drive the growth rate of the 9-decanoic acid methyl ester market during the forecast period of 2022- 2029.

Opportunities

  • Increase in the number of emerging markets

Major market players are focusing on acquisition and mergers to increase their presence throughout the value chain. The majority of the industry market players are concentrating on product advancements and are targeting the development of new products with eco-friendly properties to cater to a broader application market. This will create profitable opportunities for the growth of the 9 decanoic acid methyl ester market.

  • Increasing consumption of 9 decanoic acid methyl ester in multiple end user industries

Rising consumption of fatty methyl ester sulfonate in several industries such as used in several end- use industries which includes fl?v?r? & fr?gr?n???, ?h?rm???ut???l?, ???m?t??? and ??r??n?l ??r? among others.  Rapidly rising demand fl?v?r? & fr?gr?n??s in food sector and rise in consumer spending on the quality products are expected to create immense opportunities for the 9 decanoic acid methyl ester market growth. 

Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market's growth rate.

Restraints/ Challenges

  • High cost associated with 9 decanoic acid methyl ester

The high cost of product is anticipated to restrain the demand of the 9 decanoic acid methyl ester and obstruct the growth rate of the market 9 decanoic acid methyl ester during the forecast period of 2022-2029.

This 9 decanoic acid methyl ester 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 9 decanoic acid methyl ester 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.

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 9 Decanoic Acid Methyl Ester Market Scope

The 9 decanoic acid methyl ester market is segmented on the basis of type and ???l???t??n. 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

  • Natural 9-D???n??? ?cid ?ethyl ??t?r
  • ??nth?t?? 9-D???n??? ???d ??th?l ??t?r

???l???t??n

  • Fl?v?r? & Fr?gr?n???
  • ?h?rm???ut???l?
  • ???m?t??? & ??r??n?l ??r?
  • ?th?r?

9 decanoic acid methyl ester Market Regional Analysis/Insights

The 9 decanoic acid methyl ester market is analysed and market size insights and trends are provided by country, type and ???l???t??n as referenced above.

The countries covered in the 9 decanoic acid methyl ester 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 dominates the 9 decanoic acid methyl ester market in terms of market share and revenue. This is due to increasing consumption of 9-decanoic acid methyl ester in flavours and fragrances and sufficient availability of raw materials available within this region.

Asia-Pacific is expected to be the fastest developing region during the forecast period of2022-2029 due to increasing demand for natural products and introduction of favourable regulations and biofuels directive for bio-based 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 9 Decanoic Acid Methyl Ester Market Share Analysis

The 9 decanoic acid methyl ester 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 9 decanoic acid methyl ester market.

Some of the major players operating in the 9 decanoic acid methyl ester market are:

  • Matreya, LLC (U.S.)
  • BASF SE (Germany)
  • Procter & Gamble (U.S.)
  • TCI Chemicals (India) Pvt. Ltd. (India)
  • Alfa Aesar (U.S.)
  • Merck & Co., Inc. (U.S.)
  • Chemsky (Shanghai) International Co., Ltd (China)
  • J&K Scientific Ltd (U.S.)
  • Tokyo Chemical Industry Co., Ltd. (Japan)
  • LGC Limited (U.K.)
  • Elevance Renewable Sciences, Inc. (U.S.)


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Frequently Asked Questions

The market value for 9 decanoic acid methyl ester market is projected USD 292.99 million by 2029.
The 9 decanoic acid methyl ester market is to grow at a CAGR of 5.60% during the forecast period of 2022 to 2029.
The major players operating in the 9 Decanoic Acid Methyl Ester Market are Matreya, LLC (U.S.), BASF SE (Germany), Procter & Gamble (U.S.), TCI Chemicals (India) Pvt. Ltd. (India), Alfa Aesar (U.S.), Merck & Co., Inc. (U.s.), Chemsky (Shanghai) International Co., Ltd (China), J&K Scientific Ltd (U.S.), Tokyo Chemical Industry Co., Ltd. (Japan), LGC Limited (U.K.), Elevance Renewable Sciences, Inc. (U.S.).
The major countries covered in the 9 Decanoic Acid Methyl Ester Market 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.