Market Overview:
The global 9-decanoic acid methyl ester market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flavors & fragrances, pharmaceuticals, cosmetics & personal care and other applications. Additionally, the growing awareness about the benefits of 9-decanoic acid methyl ester is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis on type, natural 9-decanoic acid methyl ester accounted for a larger share in 2017 and is projected to maintain its dominance during forecast period owing to its properties such as ecofriendly nature and non-toxicity.
Product Definition:
9-Decanoic acid methyl ester is a fatty acid that has a long chain of 9 carbon atoms. It is used as an ingredient in cosmetics and personal care products to help improve the feel and appearance of the skin.
Natural 9-Decanoic Acid Methyl Ester:
Natural 9-decanoic acid methyl ester is a naturally occurring saturated fatty acid. It is also known as octanoic acid methyl ester or decanal. Natural 9-decanoic acid methyl ester has been gaining importance in the food and beverage industry for use as an artificial flavorant and to enhance the properties of other ingredients used in confectionery products, dairy products, baked goods, beverages & soft drinks among others.
Synthetic 9-Decanoic Acid Methyl Ester:
9-decanoic acid methyl ester is a chemical compound and it's an ester of decanoic acid. It has a molecular weight of 308.2 and the formula C8H16O2.
Application Insights:
The flavors and fragrances segment dominated the global 9-Decanoic acid methyl ester market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for various types of fragrances across different application industries such as hospitality, food and beverages, personal care and cosmetics.
9-Decanoic acid methyl ester is used as a raw material for the manufacturing of several compounds including vanillin which is primarily used as a flavor ingredient in foods. Furthermore, it finds applications in perfumes wherein it acts as an odor carrier along with being recognized by olfactory receptors within the brain. This factor has led to its high consumption rate among other applications such decongestants, cough syrups and oral hygienists among others (Flavors & Fragrance Application Industry 2016).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing per capita income in emerging economies, such as China and India. The region has been witnessing strong demand for flavors & fragrances, pharmaceuticals, cosmetics & personal care products due to growing consumer awareness regarding health benefits. This has led major players in these industries to expand their production capacities in APAC on account of low raw material costs coupled with skilled labor availability at economical costs.
Europe was the second-largest market for 9-decanoic acid methyl ester owing its large flavor & fragrance industry presence along with high spending power of consumers who are looking for premium perfumes and colognes under various brand names including Chanel, Dior, Creedence Clearwater Revival (CCR), Burberry London etc.
Growth Factors:
- Increasing demand for 9-Decanoic Acid Methyl Ester in cosmetics and personal care products owing to its properties such as moisturizing, anti-inflammatory, and antimicrobial.
- Rising demand from the pharmaceutical industry for 9-Decanoic Acid Methyl Ester as an active ingredient in various formulations due to its therapeutic properties.
- Growing popularity of natural ingredients over synthetic ingredients in skin care products is expected to boost the demand for 9-Decanoic Acid Methyl Ester during the forecast period.
- Increasing research and development activities by manufacturers for new applications of 9-Decanoic Acid Methyl Ester is likely to propel the market growth during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
9-Decanoic Acid Methyl Ester Market Research Report
By Type
Natural 9-Decanoic Acid Methyl Ester, Synthetic 9-Decanoic Acid Methyl Ester
By Application
Flavors & Fragrances, Pharmaceuticals, Cosmetics & Personal Care, Others
By Companies
Elevance Renewable Sciences, BASF, Matreya, P&G Chemicals, Arkema, Adamas Reagent, Chemsky (Shanghai)
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global 9-Decanoic Acid Methyl Ester Market Report Segments:
The global 9-Decanoic Acid Methyl Ester market is segmented on the basis of:
Types
Natural 9-Decanoic Acid Methyl Ester, Synthetic 9-Decanoic Acid Methyl Ester
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
Flavors & Fragrances, Pharmaceuticals, Cosmetics & Personal Care, Others
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:
- Elevance Renewable Sciences
- BASF
- Matreya
- P&G Chemicals
- Arkema
- Adamas Reagent
- Chemsky (Shanghai)
Highlights of The 9-Decanoic Acid Methyl Ester 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:
- Natural 9-Decanoic Acid Methyl Ester
- Synthetic 9-Decanoic Acid Methyl Ester
- By Application:
- Flavors & Fragrances
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
- 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 9-Decanoic Acid Methyl Ester 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.
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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?
9-Decanoic acid methyl ester is a chemical compound with the molecular formula C10H16O2. It is a colorless liquid that has a sweet, fruity odor. 9-Decanoic acid methyl ester is used in cosmetics and as an additive to foods to give them a fruity flavor.
Some of the major companies in the 9-decanoic acid methyl ester market are Elevance Renewable Sciences, BASF, Matreya, P&G Chemicals, Arkema, Adamas Reagent, Chemsky (Shanghai).
The 9-decanoic acid methyl ester 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 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Market Size & Forecast, 2018-2028
4.5.1 9-Decanoic Acid Methyl Ester Market Size and Y-o-Y Growth
4.5.2 9-Decanoic Acid Methyl Ester Market Absolute $ Opportunity
Chapter 5 Global 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Market Size Forecast by Type
5.2.1 Natural 9-Decanoic Acid Methyl Ester
5.2.2 Synthetic 9-Decanoic Acid Methyl Ester
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Market Size Forecast by Applications
6.2.1 Flavors & Fragrances
6.2.2 Pharmaceuticals
6.2.3 Cosmetics & Personal Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Analysis and Forecast
9.1 Introduction
9.2 North America 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Market Size Forecast by Type
9.6.1 Natural 9-Decanoic Acid Methyl Ester
9.6.2 Synthetic 9-Decanoic Acid Methyl Ester
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 9-Decanoic Acid Methyl Ester Market Size Forecast by Applications
9.10.1 Flavors & Fragrances
9.10.2 Pharmaceuticals
9.10.3 Cosmetics & Personal Care
9.10.4 Others
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 9-Decanoic Acid Methyl Ester Analysis and Forecast
10.1 Introduction
10.2 Europe 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Market Size Forecast by Type
10.6.1 Natural 9-Decanoic Acid Methyl Ester
10.6.2 Synthetic 9-Decanoic Acid Methyl Ester
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 9-Decanoic Acid Methyl Ester Market Size Forecast by Applications
10.10.1 Flavors & Fragrances
10.10.2 Pharmaceuticals
10.10.3 Cosmetics & Personal Care
10.10.4 Others
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 9-Decanoic Acid Methyl Ester Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Market Size Forecast by Type
11.6.1 Natural 9-Decanoic Acid Methyl Ester
11.6.2 Synthetic 9-Decanoic Acid Methyl Ester
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 9-Decanoic Acid Methyl Ester Market Size Forecast by Applications
11.10.1 Flavors & Fragrances
11.10.2 Pharmaceuticals
11.10.3 Cosmetics & Personal Care
11.10.4 Others
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 9-Decanoic Acid Methyl Ester Analysis and Forecast
12.1 Introduction
12.2 Latin America 9-Decanoic Acid Methyl Ester 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 9-Decanoic Acid Methyl Ester Market Size Forecast by Type
12.6.1 Natural 9-Decanoic Acid Methyl Ester
12.6.2 Synthetic 9-Decanoic Acid Methyl Ester
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 9-Decanoic Acid Methyl Ester Market Size Forecast by Applications
12.10.1 Flavors & Fragrances
12.10.2 Pharmaceuticals
12.10.3 Cosmetics & Personal Care
12.10.4 Others
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) 9-Decanoic Acid Methyl Ester Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 9-Decanoic Acid Methyl Ester 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) 9-Decanoic Acid Methyl Ester Market Size Forecast by Type
13.6.1 Natural 9-Decanoic Acid Methyl Ester
13.6.2 Synthetic 9-Decanoic Acid Methyl Ester
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) 9-Decanoic Acid Methyl Ester Market Size Forecast by Applications
13.10.1 Flavors & Fragrances
13.10.2 Pharmaceuticals
13.10.3 Cosmetics & Personal Care
13.10.4 Others
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 9-Decanoic Acid Methyl Ester Market: Competitive Dashboard
14.2 Global 9-Decanoic Acid Methyl Ester Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elevance Renewable Sciences
14.3.2 BASF
14.3.3 Matreya
14.3.4 P&G Chemicals
14.3.5 Arkema
14.3.6 Adamas Reagent
14.3.7 Chemsky (Shanghai)
