1-Decanol Market to Reach USD 393.54 Million by 2032 |
From GlobeNewswire: 2025-06-06 10:00:00
The global 1-Decanol Market was valued at USD 249.71 million in 2024 and is projected to reach USD 393.54 million by 2032, with a CAGR of 5.85% from 2025 to 2032. Demand is driven by personal care, pharmaceutical, plastic, and industrial sectors, with a shift towards eco-friendly solutions.
The U.S. 1-Decanol market is expected to reach USD 78.55 million by 2032, growing at a CAGR of 7.14%. Increasing demand in synthetic lubricants and plastic additives from automotive and aerospace industries is a key driver. The market is also influenced by the shift towards sustainable chemical formulations.
1-decanol based on oleochemical led the market with a share of around 67% in 2024 due to the global demand for sustainable bio-based raw materials. The compound is manufactured from natural fats and oils, making it biodegradable and eco-friendly, appealing to various industries.
In 2024, plasticizers were the largest application segment of the 1-Decanol market, accounting for around 28% of the total market share. The compound is used as a chemical intermediate for the synthesis of esters that act as effective plasticizers in various industrial and consumer applications.
Asia Pacific held the largest market share in 2024 at around 43.26%, driven by rapid industrialization and the growth of key end-use industries. Countries like China, India, Japan, and South Korea are major consumers of 1-Decanol for surfactants, plasticizers, and lubricants production.
Recent developments include Kao Corporation’s expansion of its fatty alcohol production facility in Malaysia to meet the growing demand for 1-Decanol in personal care and detergent applications. Emery Oleochemicals also launched a new bio-based ester formulation containing 1-Decanol for high-performance lubricant applications.
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