Market Overview:
The global 10-hydroxydecanoic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for 10-hydroxydecanoic acid in pharmaceutical and cosmetic applications. In terms of purity, the global 10-hydroxydecanoic acid market is segmented into three categories: ≥98.0%, ≥96.0%, and ≥95.0%.
Product Definition:
10-Hydroxydecanoic Acid is a fatty acid that is found in milk and other dairy products. It is used as an emulsifier to help keep the fat and water in milk from separating.
Purity ≥98.0%:
Purity more than 98% is called Decanoic acid or 10-Hydroxydecanoic acid. It's a naturally occurring fatty acid found in the skin and coconut oil. The chemical formula for this product is C10H16O2, often written as 10-hydroxy decanoic acid.
Purity ≥96.0%:
Purity is the percentage of a substance that is composed of the same material as its counterpart. For example, if a chemical has 100% carbon in it, then it means that there are no other materials present in this chemical except for carbon.
In pharmaceuticals purity is important because impurities can cause side effects when consumed by humans which may even lead to death.
Application Insights:
The other application segment includes personal care, pharmaceuticals and cosmetics. The 10-hydroxyDECANOic acid market in the personal care industry was valued at USD 59.0 million in 2017 owing to its extensive use as a preservative for various cosmetic formulations such as creams, lotions and shampoos. It is also used as an antioxidant agent in several anti-aging products which are gaining popularity among middle-aged women consumers globally.
In the pharmaceutical industry, it is utilized extensively for manufacturing tablets and capsules due to its high strength decongestant properties that help clear nasal congestion caused due to cold or flu virus infection rapidly with minimal side effects compared to other conventional decongestants on the market today. These factors are projected to drive demand over the forecast period from 2018 to 2030 thereby contributing towards significant growth of around 11% during this period globally.
Regional Analysis:
Asia Pacific dominated the global 10-hydroxydecanoic acid market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing consumer awareness regarding personal hygiene, growing pharmaceutical industry, and rising demand for cosmetics products. China is anticipated to remain a key regional market owing to its large population base coupled with rapid economic growth.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and nutraceuticals
- Growing awareness about the benefits of 10-Hydroxydecanoic Acid among consumers
- Rising R&D expenditure by manufacturers to develop new applications for 10-Hydroxydecanoic Acid
- Increasing investment by companies in marketing and distribution channels to expand their customer base
- Technological advancements that help reduce the production cost of 10-Hydroxydecanoic Acid
Scope Of The Report
Report Attributes
Report Details
Report Title
10-Hydroxydecanoic Acid Market Research Report
By Type
Purity ≥98.0%, Purity ≥96.0%, Purity ≥95.0%
By Application
Pharmaceutical, Cosmestics, Other
By Companies
Yingkou Tanyun Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global 10-Hydroxydecanoic Acid Market Report Segments:
The global 10-Hydroxydecanoic Acid market is segmented on the basis of:
Types
Purity ≥98.0%, Purity ≥96.0%, Purity ≥95.0%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Cosmestics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yingkou Tanyun Chemical
Highlights of The 10-Hydroxydecanoic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity ≥98.0%
- Purity ≥96.0%
- Purity ≥95.0%
- By Application:
- Pharmaceutical
- Cosmestics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 10-Hydroxydecanoic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
10-Hydroxydecanoic acid is a fatty acid that is found in small amounts in human tissues. It is also produced by the body during the breakdown of fats.
Some of the major companies in the 10-hydroxydecanoic acid market are Yingkou Tanyun Chemical.
The 10-hydroxydecanoic acid market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 10-Hydroxydecanoic Acid Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 10-Hydroxydecanoic Acid Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 10-Hydroxydecanoic Acid Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the 10-Hydroxydecanoic Acid Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global 10-Hydroxydecanoic Acid Market Size & Forecast, 2020-2028 4.5.1 10-Hydroxydecanoic Acid Market Size and Y-o-Y Growth 4.5.2 10-Hydroxydecanoic Acid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Purity ≥98.0%
5.2.2 Purity ≥96.0%
5.2.3 Purity ≥95.0%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Cosmestics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 10-Hydroxydecanoic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 10-Hydroxydecanoic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Purity ≥98.0%
9.6.2 Purity ≥96.0%
9.6.3 Purity ≥95.0%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Cosmestics
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Purity ≥98.0%
10.6.2 Purity ≥96.0%
10.6.3 Purity ≥95.0%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Cosmestics
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Purity ≥98.0%
11.6.2 Purity ≥96.0%
11.6.3 Purity ≥95.0%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Cosmestics
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Purity ≥98.0%
12.6.2 Purity ≥96.0%
12.6.3 Purity ≥95.0%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Cosmestics
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Purity ≥98.0%
13.6.2 Purity ≥96.0%
13.6.3 Purity ≥95.0%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Cosmestics
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 10-Hydroxydecanoic Acid Market: Competitive Dashboard
14.2 Global 10-Hydroxydecanoic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yingkou Tanyun Chemical