Global 1-Decanol Market - 2024-2031

Report Overview

The Global 1-Decanol Market size was worth US$ 210.98 million in 2023 and is estimated to reach US$ 330.20 million by 2031, growing at a CAGR of 5.76% during the forecast period (2024-2031).

Decanol is a natural fat or oil derivative. Decanol is formed as a result of decanoic acid's hydrogenation action. Decanol density is 0.8297 g/cm3, a boiling point of 232.90 C and an aromatic odor. It is a colorless liquid that acts as a lubricant and is flammable. It is a thick, white liquid that won't dissolve in water. It has an overwhelming odor and is colorless. Plasticizers, lubricants, surfactants and solvents are all made from decanol.

Decanol is extremely irritating to the skin and eyes; if it gets in the eyes, it can permanently harm them. It can also act as a narcotic and be hazardous when inhaled or consumed. Additionally, it harms the ecosystem. Because of its solubilizing and emulsifying properties, it can be used as an anti-spalling agent in concrete. Decanol is an antifoam and raw material for surfactants and solvents in natural-based wetting agents.

Owing to its capability to permeate the skin is also used as a penetration enhancer in the pharmaceutical industry for transdermal drug delivery. As it is biodegradable, it degrades the environment. 1-Decanol, Decyl Alcohol, n-Decanol, primary Decyl Alcohol, Decylic Alcohol, n-Decanol, Capric Alcohol and Alcohol C-10 are all decanol. Calon has the molecular formula C10H21OH.

Market Dynamics

Surfactant-based products, like detergents and washing soaps, are highly demanded as a safety measure against coronavirus demand for hygiene and personal care products increases. In cleaning products, decanol acts as a surfactant. The presence of decanol accelerates the lowering of surface tension. The high diffusion property of decanol aids in easy and quick cleaning. As a result, this could drive the market in the coming years.

Rising demand for 1-decanol in the home & personal care industry

Natural 1-decanol market penetration has increased in surfactant-based industries such as personal care & cosmetics and soaps & detergents. Because of the COVID-19 outbreak, there is a greater awareness of household and personal care products. Surfactant-based products like detergents and washing soaps have significantly increased in demand. As a safety measure against coronavirus, the demand for soaps, hand sanitizers and other personal care products increases. 1-Decanol is a co-surfactant found in a variety of cleaning products. The presence of 1-decanol accelerates the lowering of surface tension.

The high diffusion properties of 1-decanol aid in quick and easy cleaning. Surfactants containing 1-decanol perform differently in cloud point, density, viscosity and flashpoint. In the cosmetics, pulp and paper industries, 1-decanol-based surfactants are used as cleaning and wetting agents. In the textile and cosmetic industries, 1-decanol surfactants are primarily used as solubilizing and emulsifying agents. These 1-decanol functions and properties are expected to drive its demand in the homecare and personal care industries.

Growing demand for petrochemical-based 1-decanol

Petrochemicals create numerous common things, including clothing, tires, digital gadgets, packaging, detergents and many more. They can also be found in numerous components of the current energy system, including solar panels, wind turbine blades, batteries, building thermal insulation and electric vehicle components. Twelve percent of the world's oil consumption comprises petrochemical feedstock. This percentage is projected to rise due to the rising demand for plastics, fertilizers and other goods.

The Ziegler process is used to produce petroleum-based 1-decanols by hydrogenating decanoic acid. Using ethylene and an organoaluminium compound, fatty alcohols are produced in this method. It's a colorless liquid with a sweet, pungent odor. Some 1-decanols derived from petrochemicals are biodegradable. The physical and chemical properties are identical to those of natural 1-decanol. These can be used as feedstock in various chemical reactions involving alcohol.

Volatility in raw materials price

Plastic production has decreased due to the all-time low in oil prices caused by the COVID-19 lockdown. Furthermore, the manufacturers' shift toward advanced technologies stifles the growth of the antimicrobial plastics market. The use of advanced technologies raises the cost of manufacturing because it requires a large investment to implement new technologies.

Growing social awareness about the issues created by plastic in the environment and the implementation of increasingly stringent regulations are transforming the plastic industry. The European Union has established a new goal of recycling 65% of plastics by 2035.

Market Segment Analysis

By application, the 1-decanol market is segmented into plasticizers, lubricants, detergents & cleaners, flavors & fragrances, cosmetics & personal care, pharmaceuticals and others.

Plasticizers to remain the dominant segment

Plasticizers are added to polymeric substances to help with processing, flexibility, plasticity, softness and brittleness. Plasticizers are mostly used as additives in PVC cables, resins, wire jacketing, vinyl flooring and other applications. Plasticizers containing 1-decanols are used to improve polymers' physical-mechanical properties and processability. To provide PVC with the appropriate flexibility and durability, plasticizers are essential. Flexible PVC refers to PVC items that have been plasticized to make them pliable.

Since its introduction in 1930, PVC has been used more and more due to its superior water resistance and non-flammable characteristics. Approximately 30 to 40 percent of the global PVC market comprises flexible PVC. The main industries where flexible PVC is used include pipe, flooring, wall coverings, napkins, adhesive films, pool liners, extruded wires, automotive, synthetic leather coated fabrics and medical equipment.

The need for flexible PVC is driven by increased demand for lightweight PVC materials across various end-use sectors and flexible PVC's longer lifespan than conventional PVC. They are also known as plasticizer range alcohols. They provide excellent plasticizing properties to PVC when esterified with polycarboxylic acid. Construction, paints & coatings and automotive are the primary end-user industries for 1-decanol in plasticizers.

Market Geographical Analysis

A huge industrial base in the region drives the market for 1-decanol in Asia-Pacific

Asia-Pacific is expected to be the largest 1-decanol market. The high demand for 1-decanol in Asia-Pacific is primarily due to major economies such as China, India and Japan's massive industrial bases. The region's demand for 1-decanol is driven by emerging industries and the expansion of existing industries in manufacturing end-use products. The region's industrial sector is expected to be driven by high economic growth and an increasing population.

It is expected to increase market penetration of surfactant-based industries like detergents and cleaners, cosmetics and personal care and pharmaceuticals. A new alkoxylation facility for Sasol (South Africa) opened in Nanjing, Jiangsu Province, China, in June 2019. The company's current alkoxylation capacity, R&D facility and technical support capability in Nanjing are anticipated to be revolutionized and expanded by the new manufacturing unit.

With this growth, the company hopes to serve better China's expanding specialized chemical market and solidify its position there. To satisfy customer requirements for applications including detergent, metalworking & lubrication and personal care, the project is anticipated to use either branched or linear alcohols.

Market Competitive Landscape

Major global 1-decanol market companies include Kao Corporation, Royal Dutch Shell PLC, Kuala Lumpur Kepong Berhad (KLK Oleo), Sasol Limited, Musim Mas Holdings, BASF SE, Wilmar International Ltd., Ecogreen Oleochemicals, Oleon NV and Emery Oleochemicals.

COVID-19 Impact Analysis

The outbreak of COVID-19 in 2020 impacted the global economy and various industries. The pandemic has harmed the 1-decanol market, as demand was slowed during 2020 due to COVID-19. The major applications of 1-decanol experienced a decrease in demand, which impacted the demand for 1-decanol. Due to COVID-19, demand has dropped compared to 2020. The main industries that used 1-decanol saw a decline in their demand, which impacted 1-decanol demand.

However, with the lifting of restrictions on industrial operations and the shutdown throughout the projection period, it is anticipated that 1-decanol consumption will rise. Natural 1-decanol's market value has increased in surfactant-based sectors like personal care & cosmetics and soaps & detergents. The COVID-19 outbreak has raised awareness about using personal care and household goods. However, with the lifting of industrial operation restrictions and the lockdown, demand for 1-decanol is expected to rebound during the forecast period.

Russia-Ukraine War Impact

The Russia-Ukraine war has had a significant influence on the global 1-decanol sector, particularly on supply chains and raw material availability. Ukraine and Russia are key producers of chemical precursors and raw materials used in the production of 1-decanol. The conflict has resulted in sanctions, logistical challenges and increasing geopolitical tensions, causing a lack of these critical inputs. As a result, manufacturers have faced increased production costs and delays, resulting in a scarcity of 1-decanol on the global market.

Furthermore, the conflict has produced economic instability and uncertainty in Europe and beyond, affecting industrial activity and demand for 1-decanol. Cosmetics, personal care and industrial lubricants, all of which rely heavily on 1-decanol, have seen fluctuations in demand due to disrupted consumer spending and manufacturing processes. This dual impact on supply and demand has exacerbated volatility in the 1-decanol market, resulting in fluctuating prices and unfavorable trading circumstances for market participants.

By Source

• Petrochemical-based
• Oleochemical-based

By Application

• Plasticizers
• Lubricants
• Detergents & Cleaners
• Flavors & Fragrance
• Cosmetics & Personal Care
• Pharmaceuticals
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In March 2023, Evonik, a worldwide specialty chemicals firm, announced intentions to establish a new 1-decanol manufacturing facility in Germany. According to the company's announcement, the factory is planned to begin operations before the end of the year. The company expects that by adopting this tactical move, it will be able to meet the increased demand for 1-decanol, a useful fatty alcohol used in a variety of industries such as personal care, surfactants and plasticizers.
• In May 2022, Sasol Limited, a global integrated chemicals and energy company, opened a new alkoxylation facility in Nanjing. It is the largest expansion project that Sasol has undertaken in China to date. The facility will more than treble the company's current output and significantly expand the region's alkoxylation production capability.

Why Purchase the Report?

• Visualize the composition of the 1-decanol market segmentation by source, application and region, highlighting the critical commercial assets and players.
• Identify commercial opportunities in the 1-decanol market by analyzing trends and co-development deals.
• Excel data sheet with thousands of 1-decanol market-level 4/5 segmentation points.
• Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global 1-decanol market report would provide access to an approx. 53 market data tables, 45 figures and 210 pages.

Target Audience 2024

• 1-Decanol Service Providers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Emerging Companies
• 1-Decanol Manufacturers