Increasing demand for the C10 alcohol market in the online retailing business, coupled with high investments in R&D of the C10 alcohol market, are fueling the market growth.
Market Size – USD 327.6 Million in 2018, Market Growth – CAGR of 4.3%, Market Trends – Increase in demand for C10 alcohol in the manufacture of surfactant & chemical solvent.
The Global C10 Alcohol Market is forecast to reach USD 482.6 Million by 2027, according to a new report by Reports and Data. C10 Alcohol or commercially known as 1-Decanol or Decyl alcohol is the straight-chain, high-molecular-weight fatty alcohol containing a ten carbon atom with a colorless or a slight pale yellow shade, oily, viscous, liquid formation and waxy, floral distinctive odor. These fatty alcohols are typically derived from natural fats such as animal fats and vegetable oils such as palm kernel oil or coconut oil and characterizes insolubility in water. Global C10 alcohol market is projected to drive significantly as the demand for the C10 alcohol in various industrial & commercial applications is being propelled substantially. The continuous expansion of the surfactants, solvents, plasticizers, petroleum additives, synthetic lubricants, herbicides, and detergent or anti-foaming agents are expected to drive the demand throughout the forecast period primarily.
The Asia Pacific region is expected to retain its dominance in the global market. The market is North America is growing at apace due to the extensive use of C10 alcohol in various industrial sectors. China and India are some of the fastest-growing markets in the world, and the United States and China hold some of the most prominent players in the market.
Key participants include BASF SE, Emery Oleochemicals, Royal Dutch Shell PLC, Haihang Industry Co., Ltd., Merck KGaA, The Archer Daniels Midland Company, Cargill, Incorporated, Nanjing Kaimubo Pharmatech Company, Godrej Industries Ltd., and LGC Limited, among others.
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Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/c10-alcohol-market
For the purpose of this report, Reports and Data have segmented the global C10 alcohol Market on the basis of the type of alcohol, sales channel, sources, end-use verticals and region:
Type of Alcohol Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
Sales Channel Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
Sources Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
End-Use Verticals Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
Regional Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
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Key Advantages of C10 Alcohol Report:
The report offers strategic recommendations to new entrants and vendors to gain a robust footing in the industry. Furthermore, the report offers key insights into overall industry outlook, product portfolio, revenue estimations, production supply and demand, growth trends, production and consumption patterns, strategic alliances such as mergers and acquisitions and collaborations, and key opportunities and growth prospects.
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