Sales are predicted to increase at a positive CAGR of 6% from 2022 to 2032, valuing the worldwide dodecanol market at US$ 800 million by 2032. Market value increased from US$ 330 million in 2021 to US$ 335 million in 2022. The dodecanol market has been steadily expanding over this observation period due to the growing personal care industry and rising dodecanol usage in goods including fabric softeners, fatty alcohol-based detergents, and skin care products.
Though dodecanol is mainly used as a chemical intermediate in the production of dodecyl sulphate and dodecyl ethoxylate, it is also a vital raw material in the production of surfactants. Dodecanol also gains extensive application in the pharmaceutical industries, in the production of lubricating oils, flavoring agents, and as an emollient. The chemical is also used in pear and apple orchards as a Lepidopteran pheromone attractant as well as to disrupt the mating behavior of certain moths, the larvae of which destroy crops. Thus, the use of dodecanol in formulations of plant metabolites, insecticides, and pesticides in the agricultural sector also aids the growth of the dodecanol market in the upcoming years.
The advancing personal care sector spearheads the growth of the dodecanol market. The production of fabric softeners, skin care products, and fatty alcohol-based detergents utilize dodecanol which contributes to the global market growth. Emerging economies with expanding manufacturing sectors are key contributors to the dodecanol market growth. Further, dodecanol can be found in different forms such as alcohol ethoxylates and sulphates which are used as wetting agents and emulsifiers in paints and coatings. Hence, an expanding paints and coatings sector also bolsters the market growth for dodecanol.
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The elevated use of dodecanol in the formulations of fuel additives and lubricant oil also facilitates growth for the market. Thus, the growing personal care and household care industry, agriculture sector, automotive, and paints and coatings industries all aid the global growth of the dodecanol market.
Key Takeaways:
- Disruption in supply chains and toxicity to aquatic organisms are certain factors that may hinder the market growth of dodecanol.
- Asia Pacific will dominate the dodecanol market owing to increasing infrastructure development and increasing usage in the textile sector.
- The strong presence of the automobile sector will propel the dodecanol market forward in Europe.
- High demand for electric vehicles will lessen the dependency on crude oil which, in turn, deters market growth.
Competitive Landscape
Leap Labchem Co. Ltd., Jinan Haohua Industry Co., Ltd, Chemos GmbH, SIGMA-ALDRICH Corporation, AK Scientific Inc., and East Chemical Industry, among others, are some of the primary players in the dodecanol market profiled in the full version of the report.
Eminent market players are focusing on expanding production capacities. These organizations also employ various organic and inorganic business strategies to strengthen their market position.
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Key Segments Profiled in the Dodecanol Industry Survey
Material Type:
- Palm Kernel Oil
- Coconut Oil
- Methyl Esters
Application:
- Solvent
- Adhesive and Sealants
- Industrial Fluids
- Lubricating oil
- Fuel Additive
- Food Additives
- Cosmetics
- Hair Dyes
- Soaps
- Shampoo
- Creams
End-Use Industry:
- Automotive
- Agriculture
- Personal & Beauty Care
- Textile
- Healthcare
- Pulp & Paper
- Construction
- Oil & Gas
- Others
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