[250 Pages Report] The market for dodecanol is expected to be valued at USD 800 Million in 2032, rising at a CAGR of 6% from 2022. As per the findings, the market is expected to reach a valuation of USD 335 Million in 2022.
| Report Attributes | Details |
|---|---|
| Estimated Base Year Value (2021) | USD 330 Million |
| Expected Market Value (2022) | USD 335 Million |
| Projected Market Value (2032) | USD 800 Million |
| Global Growth Rate (2022 to 2032) | 6% CAGR |
Dodecanol is primarily used as a chemical intermediate in the production of dodecyl sulphate and dodecyl ethoxylate. It is also an important raw material in the production of surfactants. It is also used to make pharmaceuticals, lubricating oils, flavouring agents, and as an emollient, among other things.
Dodecanols are widely used in apple and pear orchards as a Lepidopteran pheromone attractant, as well as to disrupt the mating behaviour of certain moths, the larvae of which destroy crops. The agricultural sector's increasing use of dodecanol in the formulation of insecticides, pesticides, and plant metabolites drives the growth of the dodecanol market. The loss of agricultural land in developing countries as a result of rapid urbanisation increases the demand for pesticides to improve crop quality and yield.
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The growing personal care market is the primary driver for the dodecanol market. Dodecanol's market is being driven by the emergence of products such as fabric softeners, skin care products, and fatty alcohol-based detergents.
This market is expanding rapidly in developing third-world countries, where manufacturing bases are expanding. Dodecanol can be found in a variety of forms, including alcohol ethoxylates and sulphates, which are used as wetting agents and emulsifiers in paints and coatings. The expansion of the paints and coatings market is expected to boost demand for dodecanol.
The increasing use of dodecanol in the automotive industry as fuel additives and lubricant oil formulation propels Dodecanol market share growth. Furthermore, the growing personal and household care industry drives Dodecanol demand, which propels market growth. Furthermore, rising demand for disinfectants and cleaning products in the healthcare industry fuels the growth of the Dodecanol market.
Increased demand for electric vehicles to reduce reliance on crude oil exacerbates the dodecanol market. According to the Edison Electric Institute (EEI), the number of electric vehicles on USA roads will reach 19 million by 2032, significantly reducing the demand for dodecanol in fuel additives. Furthermore, Dodecanol has a non-polar narcotic toxicity to aquatic organisms of about 1 mg/l, which limits market growth.
The COVID-19 outbreak has had a negative impact on the dodecanol market. The disruption of the supply chain and the reduction of purchasing capital have had a direct impact on the automotive, construction, and textile industries. The abrupt closure of production centres in China, and its aftermath, caused havoc among global automakers in the European Union, the United States, India, and South America.
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With a market share of more than 47 percent in 2020, Asia Pacific dominates the dodecanol market. The region's demand for dodecanol is expected to be driven by growing infrastructure development, rising per capita income, higher domestic demand, and the availability of low-cost labour. In the textile industry, dodecanol is used as a fibre softener and anti-wrinkle agent.
The growing demand for apparel, as well as the expansion of textile industries across the country, is assisting in the market's growth. According to the Indian Brand Equity Foundation (IBEF), India's textile and apparel exports totaled USD 39 billion in 2019 and are expected to reach USD 83 billion by 2022.
According to the European Automobile Manufacturers Association, the growing automotive industry and various government regulations aimed at reducing GHG emissions from fuel combustion are expected to propel the dodecanol market forward.
For example, the NHTSA and EPA's Safer, Affordable, Fuel-Efficient (SAFE) Vehicles Rule for both passenger cars and light trucks, issued in March 2020, establishes tough but achievable fuel economy and carbon dioxide standards that increase 1.6 percent each year from model years 2022 through 2032.
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The major players in the market of dodecanol are SIGMA-ALDRICH Corporation, Chemos GmbH, Merck Schuchardt OHG, Leap Labchem Co., Ltd, Jinan Haohua Industry Co., Ltd., AK Scientific, Inc., Santa Cruz Biotechnology, Inc., Haihang Industry Co., Ltd., East Chemical Industry Co., Ltd, Symrise AG, Magna-Kron Corp., Shanghai IS Chemical Technology Ltd., Seidler Chemical Co., Inc., CellMark USA, LLC and Mosselman S.A among others.
| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 6% until 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 | Material Type,Application,End Use Industry,Region |
| Regions Covered | North America;Latin America;Western Europe;Eastern Europe;Asia Pacific Excluding Japan;Japan;Middle East and Africa |
| Key Countries Profiled | USA,Canada,Brazil,Argentina,Germany,UK,France,Spain,Italy,Nordics,BENELUX,Australia & New Zealand,China,India,ASEAN,GCC Countries,South Africa |
FMI projects the global Dodecanol market to expand at a 6% value CAGR by 2032.
Asia Pacific is expected to be the most opportunistic Dodecanol market.
SIGMA-ALDRICH Corporation, Chemos GmbH, Merck Schuchardt OHG, Leap Labchem Co., Ltd, Jinan Haohua Industry Co., Ltd., AK Scientific, Inc., Santa Cruz Biotechnology, Inc., Haihang Industry Co. among others. are some prominent Dodecanol manufacturers.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Dodecanol Market Analysis 2017-2021 and Forecast, 2022-2032 5. Global Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Feedstock 5.1. Palm Kernel Oil 5.2. Coconut Oil 6. Global Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Function 6.1. Surfactant 6.2. Chemicals Intermediate 6.3. Antioxidant 6.4. Other 7. Global Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Composition (C12%) 7.1. Below 60% 7.2. 60% - 75% 7.3. 75% - 98% 7.4. Above 98% 8. Global Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By End Use 8.1. Personal Care & Cosmetics 8.2. Soap & Detergents 8.3. Polymer & Plastics 8.4. Lubricants 8.5. Chemicals 8.6. Metal Working Fluids 9. Global Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia & Pacific 9.6. MEA 10. North America Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11. Latin America Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12. Europe Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13. East Asia Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Country 14. South Asia & Pacific Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Country 15. MEA Dodecanol Market Analysis 2017-2021 and Forecast 2022-2032, By Country 16. Key Countries Dodecanol Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Kao Corporation 18.2. Godrej Industries Pvt Ltd 18.3. P&G Chemical Plc 18.4. VVF LLC 18.5. Kao Corporation 18.6. Oxiteno SA 18.7. Croda International 18.8. Jinan Haohua Industry Co., Ltd 18.9. Santa Cruz Biotechnology, Inc. 18.10. SIGMA-ALDRICH Corporation 18.11. Tokyo Chemical Industry Co., Ltd. 19. Assumptions & Acronyms Used 20. Research Methodology
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Dodecanol Market
