Global 1-Tetradecanol Market was valued at USD xx Mn in 2019 and is expected to reach USD xx Mn by 2027 at a CAGR of xx% over the forecast period 2020-2027.
To know about the Research Methodology :- Request Free Sample Report
The report has analysed revenue impact of COVID-19 pandemic on the sales revenue of the market leader, market followers, market disrupters and the same is reflected in our analysis.
1-Tetradecanol Market definition
1-Tetradecanol is also known as esters or myristyl alcohol. It is soluble in diethyl ether, insoluble in water, and slightly soluble in ethanol. 1-tetradecanol is majorly produced from coconut oil, kernel oil, and petrochemical feedstock. It is used as an ingredient or with supplementary fatty acids in personal care & cosmetic products such as in cold creams. 1-Tetradecanol is also used as an intermediate in other products such as surfactants in chemical synthetics.
1-Tetradecanol Market Dynamics.
Rising health awareness among consumers towards skincare products and disposable income has led to the growth of 1-Tetradecanol market. The usage of natural cosmetics products is increasing and this has led to positive impact on the market growth. The demand from personal care & cosmetic industry is growing, as it is extensively used in the manufacturing of cold creams, shampoos, plasticizers, antifoaming agent, intermediate, perfume fixative and other cosmetic products. In developing countries consumers are shifting towards natural and premium range of cosmetic products that are beneficial for skin care health.
1-Tetradecanol is also used for filling the hollow interiors of gold nanocages and in the fabrication of new theranostic system having unique feature of photo acoustic imaging. It is used in fabrication of temperature-regulated drug release system based on phase-change. Increasing FDI investment in pharmaceutical industry from developing economies are expected to create many lucrative opportunities in the coming years.
However, fluctuation in raw materials prices and availability of substitutes are hampering the 1-Tetradecanol market.
Global 1-Tetradecanol Market: Market Segmentation
By end-use, the cosmetic industry is the dominating end-use industry due to its wide range of applications. As a principal ingredient 1-Tetradecanol is commonly used in the manufacture of cold creams. It is used as a fragrance component in beauty products in general and as an active intermediate in sulfated alcohol synthesis. The substance is also used in the synthesis of temperature-controlled drug release systems based on materials for phase alteration and as excipients in pharmaceutical applications that are tropical, oral and parenteral. The report covers detailed information related to all application segments in the terms of value.
Global 1-Tetradecanol Market: Regional Analysis
Geographically, in terms of value, Asia Pacific has a prominent market share of xx% with a CAGR of xx% in 2019 and is expected to continue its prominence during the forecast period. Asia Pacific has a presence of established end-user industries, also the companies are coming up with effective and economical solutions fuelling the demand for 1-Tetradecanol in this region. Manufacturers are focusing on minimizing disruption to the environment and are adopting advanced technology. The demand for 1-Tetradecanol in North America and Europe is projected to grow at a modest pace due to market saturation relative to that in Asia Pacific.
The objective of the report is to present a comprehensive analysis of the Global 1-Tetradecanol Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global 1-Tetradecanol Market dynamics, structure by analyzing the market segments and project Global 1-Tetradecanol Market Clear representation of competitive analysis of key players by price, financial position, Type portfolio, growth strategies, and regional presence in the Global 1-Tetradecanol Market make the report investor’s guide.
Global 1-Tetradecanol Market Competitive Landscape:
Global 1-Tetradecanol Market1
The global key players of 1-Tetradecanol are focusing on the expansion of their product portfolio and business footprints to generate more revenue. Key players operating in this market are adopting various organic and inorganic growth strategies such as mergers & acquisitions, joint ventures, collaborations, expansion, new product launches, and patents to increase their regional presence and business operations.
Scope of Global 1-Tetradecanol Market: Inquire before buying
Global 1-Tetradecanol Market, by Process manufacturing
• Ziegler process derived products
• Hydrogenation process derived products
Global 1-Tetradecanol Market, by Applications
• Cosmetic & Personal care industry
• Pharmaceutical & Chemical industry
Global 1-Tetradecanol Market, by Region
• North America
• South America
• Middle East & Africa
Global 1-Tetradecanol Market Major Players
• KLK OLEO
• Emery Oleochemicals
• Ecogreen Oleochemicals
• The Good Scents Company
• P&G Chemicals and KAO Corporation
• Triveni Chemicals
• Leonardo Biosystems Inc.
• GB Biosciences Corporation
For More Information Visit @: https://www.maximizemarketresearch.com/market-report/global-1-tetradecanol-market/80793/
This Report Is Submitted By: Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.