9-Decanoic Acid Methyl Ester Market Size, Share and Trends forecast to 2031

The global 9-decanoic acid methyl ester market size was estimated at USD 177.4 million in 2019 and is expected to reach USD 187.0 million in 2020.

NEW YORK CITY, NEW YORK, UNITED STATES, August 22, 2022 /EINPresswire.com/ -- Market Overview: 9-Decanoic Acid Methyl Ester Market Expected to Garner Significant Revenues by 2032

The global 9-decanoic acid methyl ester market is expected to garner significant revenues by 2032. The market is driven by the rising demand for natural fatty acids and their derivatives, such as 9-decanoic acid methyl ester. The latter find applications in various end-use industries, such as cosmetics, detergents, and lubricants. Additionally, the growing preference for eco-friendly and biodegradable products is likely to propel market growth over the forecast period. However, the volatile raw material prices are expected to restrain the market growth over the next few years. The 9-decanoic acid methyl ester market has been segmented based on application and region.

Methyl decanoate, which is comparatively cheaper than natural ingredients, is used for artificial flavoring agents instead of essential oils.
The market growth for 9-decanoic methyl esters will be driven by rising demand for flavors and fragrances. Also, the demand for soaps/detergents will increase as they are a key ingredient.

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This market study examines the major factors influencing the industry's growth and elaborates on their contribution. It examines the most recent developments, sales, market valuation, production, gross margin, and other significant factors of the major players in the 9-Decanoic Acid Methyl Ester market. The report offers valuable research and suggestions for industry players. To fully understand the current as well as the future market growth, key players can refer to the report's market figures and statistical analyses. The global 9-Decanoic Acid Methyl Ester market is analyzed objectively and compared with all key segments. The report provides recommendations that will help industry players compete in the Market and to survive.

Report Covers:

Pages: 200+

Tables: 120+

Figures: 150+

Key Market Trends:

A Significant demand exists in the personal care segment Decanoic Acid is widely recognized for its biodegradability, environmental friendliness, and hydrolyzability. These favorable properties have led to a rising demand in several personal and home care applications. The cosmetics, personal care and pharmaceutical industries are increasingly using the 9 decanoic acid-methyl ester. It is used principally in shampoos.

Moreover, this report comprises current market dynamics in the 9-Decanoic Acid Methyl Ester market. Such as key driving factors, major opportunities areas, restraining factors, & recent trends in 9-Decanoic Acid Methyl Ester market. The research report includes a SWOT analysis and Porter’s five force analysis. This help to identify the key growth factors and challenges in the 9-Decanoic Acid Methyl Ester market.

Market Snapshot:

Historical Years: 2016-2020 | Base Year: 2021 | Estimated Year: 2022

Short Term Projection Year: 2028 | Projected Year: 2023 | Long Term Projected Year: 2032

Fastest Growing Market: North America 

Market Segmentation Evaluated in the Report:

An outline of the product range: Different types of 9-Decanoic Acid Methyl Ester Market

Natural 9-Decanoic Acid Methyl Ester
Synthetic 9-Decanoic Acid Methyl Ester

Classified Applications of 9-Decanoic Acid Methyl Ester Market:

Flavors & Fragrances
Pharmaceuticals
Cosmetics & Personal Care
Others

The 9-Decanoic Acid Methyl Ester market report deals with multiple research objectives, investment plans, business strategies, import-export, and supply-demand. It provides deep insights into the target product's production, revenue, and consumption. It helps key players to increase sales and growth within the global 9-Decanoic Acid Methyl Ester market. Several research and development activities are underway to enhance 9-Decanoic Acid Methyl Ester products and new innovative technologies. The competitive perspective section of the report presents a clear insight into the market share analysis of the major players in the industry. It also provides historical data, current market scenarios, and future insights on 9-Decanoic Acid Methyl Ester market.

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Key Players Analysis:

This industry's success depends on the ability to extend and stretch product lines. Companies spend heavily on research to develop new products that meet the requirements of local regulations and standards. In addition, big companies are inclined to make acquisitions to obtain considerable market share through strategic company acquisitions. Furthermore, favorable government policies adopted by countries in the developing world backed by cutting-edge capital from venture capitalists have resulted in many innovative companies in the market.

Top Companies Participating in the 9-Decanoic Acid Methyl Ester Market are: 

Elevance Renewable Sciences
BASF
Matreya
P&G Chemicals
Arkema
Adamas Reagent
Chemsky (Shanghai)

Key Takeaways of the Competitive Landscape Section:

• Detailed overview of the company profiles of each key player

• Contribution of revenue share

• Industrial chain analysis of each key player

• Business growth strategies acquired by leading market players

Value (US$ Mn) Analysis by Region, 2022

The geographic regions in this report are segmented into several key areas for production, consumption, revenue (million USD), and market share. The 9-Decanoic Acid Methyl Ester growth for this region between 2022 and 2032 (prevision), will be covered

- North America (U.S. and Canada)

- Latin America (Mexico, Brazil, Peru, Chile, and others)

- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

- Eastern Europe (Poland and Russia)

- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

- The Middle East and Africa (GCC, Southern Africa, and North Africa)

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Research Approach:

This research study extensively used both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches validate the global {d.keyword} size and estimate the market size for manufacturers, regions segments, product segments and applications (end users).

The market estimations in this report are based on the marketed sale price of products (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). The percentage splits, Market Share (%), and breakdowns of the product segments are derived on the basis of weightages assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall {d.keyword} and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Analyst’s Perspective On 9-Decanoic Acid Methyl Ester Market:

The study's authors predict that the market for 9-Decanoic Acid Methyl Ester will grow at a CAGR (%) during 2023-2032. The market's profitability will encourage new entrants to venture and take advantage of the increasing demand. Favorable government policies adopted by countries in the developing world backed by cutting-edge capital from venture capitalists have resulted in the emergence of many innovative companies in the market. Furthermore, the development and expansion of e-Commerce portals, which offer sales closure through attractive discounts and deals even from overseas regions, will continue to support opportunities.

Extra Benefits By Purchasing 9-Decanoic Acid Methyl Ester Market Report

• The Detailed Data Set in Excel Format

• Analyst Support for post Sale Queries Up To 3 Months

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TOC Highlights:

Chapter 1 Preface

This segment provides opinions of key participants, an audit of 9-Decanoic Acid Methyl Ester industry, market outlook across key regions, financial services, and various challenges faced by 9-Decanoic Acid Methyl Ester market. It briefly introduces the global 9-Decanoic Acid Methyl Ester market. This section depends on the Scope of the Study and Report Guidance.

Chapter 2 Executive Summary

It elaborated market outlook by segmentation in 9-Decanoic Acid Methyl Ester market. In addition, it also represents the market snapshot covered in the report.

Chapter 3 Market Dynamics

This section comprises current market dynamics in the 9-Decanoic Acid Methyl Ester market. Such as key driving factors, major opportunities areas, restraining factors, & recent trends in 9-Decanoic Acid Methyl Ester market. It also includes SWOT analysis and Porter’s five force analysis. This help to identify the key growth factors and challenges in the 9-Decanoic Acid Methyl Ester market.

Chapter 4 Global 9-Decanoic Acid Methyl Ester market Analysis, Opportunity, and Forecast, 2016-2032

This chapter comprises the current scenario of the Global 9-Decanoic Acid Methyl Ester market in 2021, including forecast estimation for 2023-2032.

Chapter 5 Geographic Analysis

This section has covered in-depth regional market share analysis and carefully scrutinized it to understand its current and future growth, development, and demand scenarios for this market.

Chapter 7 Covid-19 Impact

This section briefly describes the positive and negative impact of the COVID-19 Pandemic on the Global 9-Decanoic Acid Methyl Ester Market. 

Chapter 8 Pricing Analysis

This chapter provides price point analysis by region and other forecasts.

Chapter 9 Competitive Landscape

It includes major players in the 9-Decanoic Acid Methyl Ester market. Moreover, it also covers the detailed company shares analysis in the report based on their product’s demand, market served, the number of products, applications, regional growth, and other factors.

Chapter 10 Research Methodology

The research methodology chapter includes the following main facts,

10.1 Coverage

10.2 Secondary Research

10.3 Primary Research

Chapter 11 Conclusion

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