About Decylalcohol
The Global Decylalcohol (CAS 112-30-1) Market is driven by the increasing demand from various end-user industries such as pharmaceutical, cosmetics, oil & gas, among others. Additionally, extensive use of decyl alcohol as a lubricating and wetting agent is further anticipated to propel the market during the next five years.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Vendors from Asian will contribute to the maximum growth of Global Decylalcohol market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ecogreen Oleochemicals GmBH (Germany), Kao Corporation (Japan), Sasol Limited (South Africa), Global Green Chemicals Public Company Limited or GGC (Thailand), Emery Oleochemicals Sdn Bhd (Malaysia), KLK OLEO Ltd. (Malaysia), LG Chem Ltd.(South Korea), P&G Chemicals (United States), BASF SE (Germany) and Muslim Mas (Singapore) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Decylalcohol market by Type (Content 96%-98%, Content >98% and Content <96%), Application (Surfactants, Plasticizers, Oil Base for Lubricants, Cleaning Agent, Pharmaceuticals, Personal Care and Others) and Region.
On the basis of geography, the market of Decylalcohol has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Decylalcohol market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Synthetic will boost the Decylalcohol market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 28 May 2021, KLK OLEO, a global oleochemical producer based in Malaysia, KLK OLEO expanded its business footprint to the Americas with a new sales office at Woodbury, NY, USA. KLK OLEO Americas (KLKOA) will oversee the sales and marketing in the United States, Canada and South America. And continuously maintain and build customer relationships for the KLK OLEO group product portfolio.
Market Drivers
- The increasing demand from various end-user industries such as pharmaceutical, cosmetics, oil & gas, among others
Opportunities
- The growing demand from the Pharmaceuticals industries
- Increasing demand due to COVID 19 Pandemic
Restraints
- The concern related to Decanol causes high irritability to skin and eyes, when splashed into the eyes it can cause permanent damage
Challenges
- The Stringent Government Regulations
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.