The global 2-hexyldecanol market size is expected to reach US$ 111 Billion in 2032. Growth in the cosmetics industry in low-income group countries is anticipated to push the demand for 2-hexyldecanol in the future.
As per FMI, the global 2-hexyldecanol market share stood at US$ 75 Billion in 2022 and is set to exhibit growth at a CAGR of 4% in the forecast period from 2022 to 2032.
| Report Attribute | Details |
|---|---|
| 2-Hexyldecanol Market Estimated Base Year Value (2021) | US$ 72 Billion |
| 2-Hexyldecanol Market Expected Market Value (2022) | US$ 75 Billion |
| 2-Hexyldecanol Market Anticipated Forecast Value (2032) | US$ 111 Billion |
| 2-Hexyldecanol Market Projected Growth Rate (2022 to 2032) | 4% CAGR |
The 2-hexyldecanol market has seen substantial growth in a few years and is expected to continue to do so throughout the projected period. 2-Hexyldecanol is a kind of fatty alcohol with a lot of branches. Stability, lower melting point, and low irritant qualities have resulted in higher demand for 2-hexyldecanol in numerous industries.
Its distinctive color, thermal stability, increased biodegradability, excellent liquidity, and superior stability to some other unsaturated or straight alcohols with a comparable number of carbon atoms can be attributed to higher sales of 2-hexyldecanol in the pharmaceutical and cosmetic industry.
Though the pharma grade segment mostly dominates the global market, in recent years, there has been a promising growth in demand for 2-hexyldecanol in the technical grade segment. Generally, it is liquid in state at room temperature, the major advantage for such higher sales of 2-hexyldecanol in the industrial market. With the emergence of such new uses, the global 2-hexyldecanol market share is predicted to witness promising growth in the future years.
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2-hexyldecanol has multifunctional characteristics owing to which it finds application in personal care, cosmetics, polymer & plastic, and dyes, among other industries. In the personal care & cosmetic industry, the demand for 2-hexyldecanol is particularly for its use as an emulsifier.
In contrast, it is used as a solubilizing agent for liposomal drugs in the pharmaceutical industry. Along with this, the sales of 2-hexyldecanol as a solvent in dyes, pigment, rubber & plastic manufacturing are gaining momentum in the present market.
The trends in the cosmetics & personal care industry are such that multifunctional ingredients are used for skin care, sun care, and hair care cosmetics products, which sequentially is expected to drive the demand for 2-hexyldecanol over the forecast period.
Higher sales of 2-hexyldecanol are also achieved due to its uses as a cosmetics ingredient to provide multifunctional properties. Moreover, OSHA defines it as a non-hazardous substance, i.e., it is a relatively safer alternative to some of the other conventionally used ingredients that are anticipated to drive the sales of 2-hexyldecanol for cosmetics products. Along with this, significant growth of dyes and polymer & plastics industry in developing regions will, in turn, help to drive the demand for 2-hexyldecanol in other markets.
2-hexyldecanol tends to be more expensive than other aliphatic alcohols due to the comprehensive conversion during the dimerization process of alcohol.
Thus, relatively higher prices of 2-hexyldecanol are in turn expected to act as an impediment to the sales of 2-hexyldecanol during the forecast period. Moreover, the global 2-hexyldecanol market share is a highly consolidated market as two players, BASF SE, and Sasol Ltd., accounted for the lion’s share of the market in terms of production. At the same time, several other new players are focusing on the expansion of the production capacity in order to enhance their sales of 2-hexyldecanol in the global market.
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In terms of demand for 2-hexyldecanol, the global market is expected to be dominated by the Asia Pacific region, followed by North America. Whereas in terms of production and sales of 2-hexyldecanol, Europe alone accounts for the lion’s share of the global market.
This higher demand for 2-hexyldecanol in the Asia Pacific region is mainly attributed to the increasing consumption of personal care products in China, Japan, and Southeast Asian countries. Steady growth in end-use industries across the Asia Pacific is expected to translate into a steady growth in demand for 2-hexyldecanol in the region during the forecast period. North America and Europe are expected to witness relatively slower growth in sales of 2-hexyldecanol primarily due to the mature nature of the end-use industry in these regions.
Some of the leading companies operating in the global 2-hexyldecanol market are BASF SE, Sasol Ltd, Kisco Ltd, New Japan Chemical Co., Ltd, DowPol Corporation, Jarchem Industries Inc, TCI AMERICA, and Merck KGaA among others.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The expected growth rate of the 2-hexyldecanol market share is about 4% for the years 2022 to 2032.
The global 2-hexyldecanol market is set to exceed US$ 111 Billion in 2032.
Asia Pacific is set to lead the global 2-hexyldecanol market in the forecast period.
1. Executive Summary | 2-Hexyldecanol Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and Their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Grade
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Grade, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Grade, 2022 to 2032
5.3.1. Technical Grade
5.3.2. Pharma Grade
5.4. Y-o-Y Growth Trend Analysis By Grade, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Grade, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Function
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Function, 2017 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Function, 2022 to 2032
6.3.1. Solvent
6.3.2. Emulsifier
6.3.3. Solubilizer
6.3.4. Others
6.4. Y-o-Y Growth Trend Analysis By Function, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By Function, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2017 to 2021
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2022 to 2032
7.3.1. Personal Care & Cosmetics
7.3.2. Pharmaceuticals
7.3.3. Polymer & Plastics
7.3.4. Dyes
7.3.5. Others
7.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021
7.5. Absolute $ Opportunity Analysis By End Use, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2017 to 2021
8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2022 to 2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Grade
9.2.3. By Function
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Grade
9.3.3. By Function
9.3.4. By End Use
9.4. Key Takeaways
10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Grade
10.2.3. By Function
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Grade
10.3.3. By Function
10.3.4. By End Use
10.4. Key Takeaways
11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Grade
11.2.3. By Function
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Grade
11.3.3. By Function
11.3.4. By End Use
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Malaysia
12.2.1.5. Singapore
12.2.1.6. Australia
12.2.1.7. New Zealand
12.2.1.8. Rest of Asia Pacific
12.2.2. By Grade
12.2.3. By Function
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Grade
12.3.3. By Function
12.3.4. By End Use
12.4. Key Takeaways
13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of Middle East and Africa
13.2.2. By Grade
13.2.3. By Function
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Grade
13.3.3. By Function
13.3.4. By End Use
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. USA
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Grade
14.1.2.2. By Function
14.1.2.3. By End Use
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Grade
14.2.2.2. By Function
14.2.2.3. By End Use
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Grade
14.3.2.2. By Function
14.3.2.3. By End Use
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Grade
14.4.2.2. By Function
14.4.2.3. By End Use
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Grade
14.5.2.2. By Function
14.5.2.3. By End Use
14.6. United Kingdom
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Grade
14.6.2.2. By Function
14.6.2.3. By End Use
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Grade
14.7.2.2. By Function
14.7.2.3. By End Use
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Grade
14.8.2.2. By Function
14.8.2.3. By End Use
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Grade
14.9.2.2. By Function
14.9.2.3. By End Use
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Grade
14.10.2.2. By Function
14.10.2.3. By End Use
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Grade
14.11.2.2. By Function
14.11.2.3. By End Use
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Grade
14.12.2.2. By Function
14.12.2.3. By End Use
14.13. Malaysia
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Grade
14.13.2.2. By Function
14.13.2.3. By End Use
14.14. Singapore
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Grade
14.14.2.2. By Function
14.14.2.3. By End Use
14.15. Australia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Grade
14.15.2.2. By Function
14.15.2.3. By End Use
14.16. New Zealand
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Grade
14.16.2.2. By Function
14.16.2.3. By End Use
14.17. GCC Countries
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Grade
14.17.2.2. By Function
14.17.2.3. By End Use
14.18. South Africa
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Grade
14.18.2.2. By Function
14.18.2.3. By End Use
14.19. Israel
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Grade
14.19.2.2. By Function
14.19.2.3. By End Use
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Grade
15.3.3. By Function
15.3.4. By End Use
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. BASF SE
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Sasol Ltd
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Kisco Ltd
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. New Japan Chemical Co., Ltd
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. DowPol Corporation
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Jarchem Industries Inc
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. TCI AMERICA
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Merck KGaA
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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2-Hexyldecanol Market
