Decyl Oleate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global decyl oleate market is witnessing robust growth, fueled by the rising demand for plant-based ingredients across various industries. Valued at $884 million in 2024, the market is projected to reach $1,216 million by 2031, with a CAGR of 4.70%. This trend aligns with the broader shift towards natural and environmentally friendly components in consumer goods, particularly within the personal care and cosmetics industries. As consumers become more discerning about the ingredients in the products they use, the market for decyl oleate-a naturally derived compound-is set to expand significantly in the coming years.

Market Overview

Decyl oleate plays a crucial role in personal care product formulations, known for its emollient properties, which make it ideal for use in cosmetics, hair care, and skin care products. Industrially, decyl oleate is produced through the esterification of fatty alcohols and oleic acid, positioning it as a key component in the oleochemicals sector. The personal care industry is the primary consumer of decyl oleate, but its applications also extend to the pharmaceutical sector and other industries. The market is characterized by the presence of several major players who are both significant producers and consumers of decyl oleate. These companies are increasingly focusing on expanding their production capacities and improving their technological capabilities to meet the growing demand.

Key Market Trends

Increasing Preference for Natural Ingredients

A major trend driving the decyl oleate market is the growing preference for natural and organic ingredients in consumer products. Manufacturers are witnessing a clear shift in consumer preferences, with a growing number of people opting for products that contain natural ingredients. Decyl oleate, derived from vegetable oils, is becoming a preferred choice for manufacturers aiming to meet this demand. The trend towards vegan cosmetics is also contributing to the increased use of decyl oleate, as it aligns with consumer expectations for plant-based, cruelty-free products.

Growing Demand for Anti-Aging and Sun Protection Products

The personal care sector, particularly the market for anti-aging and sun protection products, is experiencing a surge in demand. This is largely driven by the aging population in various regions and the growing awareness of the harmful effects of sun exposure. Decyl oleate is a crucial ingredient in these products, as it is extensively used in formulations designed to protect and nourish the skin. The increasing demand for such products is directly contributing to the growth of the decyl oleate market, as manufacturers seek to incorporate effective, natural ingredients into their formulations.

Ample Raw Material Availability Supporting Market Growth

Southeast Asia has emerged as a key region for the production of raw materials needed for decyl oleate, particularly palm oil, which is used to derive oleic acid. The abundant availability of these raw materials in the region enables manufacturers to produce decyl oleate in large quantities and export it to various regions, including Europe and the Middle East. This easy access to raw materials is expected to further drive market growth, as manufacturers can scale up production to meet the rising global demand.

Online B2B Channels Driving Market Expansion

The rise of online B2B channels is transforming the decyl oleate market, making it easier for manufacturers to reach a broader customer base. By launching direct sales platforms, manufacturers can bypass traditional supply chains, which often involve multiple intermediaries. This shift towards direct B2B sales is expected to significantly increase the sales of decyl oleate over the forecast period. Cosmetic and beauty product manufacturers can now purchase decyl oleate directly from producers, streamlining the procurement process and increasing profit margins by avoiding suppliers and wholesalers.

Expanding Use in the Pharmaceutical Industry

The pharmaceutical sector is increasingly recognizing the benefits of decyl oleate due to its various beneficial properties. Decyl oleate is known for its antiallergenic, antiviral, antitumor, and anti-inflammatory effects, making it an ideal candidate for use as an active pharmaceutical ingredient (API) in various medicinal products. As pharmaceutical manufacturers continue to explore the benefits of decyl oleate, its application in this sector is expected to grow, further driving market demand. The increasing use of decyl oleate in pharmaceutical formulations underscores its versatility and the potential for continued growth in this sector.

Competitive Analysis

BASF SE
IOI Oleo GmbH
Ecogreen Oleochemical (S) Pte. Ltd.
Ashland LLC.
KLK Oleo
Mosselman SA
Italmatch Chemicals SpA
Oleon NV
Zschimmer & Schwarz Holding GmbH & Co KG
Stearinerie Dubois Fils SA
Alzo International Inc
Kumar Organic Products Limited
CISME Italy s.r.l
Venus Ethoxyethers Pvt. Ltd.
Triveni Interchem Pvt. Ltd.
R & D Laboratories Ltd
Domus Chemicals S.p.A.
Phoenix Chemicals Inc.
Syntechem Co.,Ltd.

Decyl Oleate Industry Research by Category

By Source:

Plant Based
Animal Based

By Application:

Personal Care
- Cosmetics
- Hair Care
- Skin Care
Pharmaceutical
Others

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

1. Executive Summary

1.1. Global Decyl Oleate Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2019 - 2023

3.1. Global Decyl Oleate Market Production Output, by Region, Value (US$ Mn) and Volume (Tons), 2019 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2019 - 2023

4.1. Global Average Price Analysis, by Source, US$ Per Tons, 2019 - 2023
4.2. Prominent Factor Affecting Decyl Oleate Prices
4.3. Global Average Price Analysis, by Region, US$ Per Ton

5. Global Decyl Oleate Market Outlook, 2019 - 2031

5.1. Global Decyl Oleate Market Outlook, by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Plant Based
  - 5.1.1.2. Animal Based
5.2. Global Decyl Oleate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Personal Care
    - 5.2.1.1.1. Cosmetics
    - 5.2.1.1.2. Hair Care
    - 5.2.1.1.3. Skin Care
  - 5.2.1.2. Pharmaceutical
  - 5.2.1.3. Others
5.3. Global Decyl Oleate Market Outlook, by Region, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. North America
  - 5.3.1.2. Europe
  - 5.3.1.3. Asia Pacific
  - 5.3.1.4. Latin America
  - 5.3.1.5. Middle East & Africa

6. North America Decyl Oleate Market Outlook, 2019 - 2031

6.1. North America Decyl Oleate Market Outlook, by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Plant Based
  - 6.1.1.2. Animal Based
6.2. North America Decyl Oleate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Personal Care
    - 6.2.1.1.1. Cosmetics
    - 6.2.1.1.2. Hair Care
    - 6.2.1.1.3. Skin Care
  - 6.2.1.2. Pharmaceutical
  - 6.2.1.3. Others
6.3. North America Decyl Oleate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. U.S. Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 6.3.1.2. U.S. Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 6.3.1.3. Canada Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 6.3.1.4. Canada Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Decyl Oleate Market Outlook, 2019 - 2031

7.1. Europe Decyl Oleate Market Outlook, by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Plant Based
  - 7.1.1.2. Animal Based
7.2. Europe Decyl Oleate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Personal Care
    - 7.2.1.1.1. Cosmetics
    - 7.2.1.1.2. Hair Care
    - 7.2.1.1.3. Skin Care
  - 7.2.1.2. Pharmaceutical
  - 7.2.1.3. Others
7.3. Europe Decyl Oleate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Germany Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.2. Germany Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.3. U.K. Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.4. U.K. Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.5. France Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.6. France Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.7. Italy Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.8. Italy Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.9. Turkey Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.10. Turkey Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.11. Russia Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.12. Russia Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.13. Rest of Europe Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 7.3.1.14. Rest of Europe Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Decyl Oleate Market Outlook, 2019 - 2031

8.1. Asia Pacific Decyl Oleate Market Outlook, by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Plant Based
  - 8.1.1.2. Animal Based
8.2. Asia Pacific Decyl Oleate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Personal Care
    - 8.2.1.1.1. Cosmetics
    - 8.2.1.1.2. Hair Care
    - 8.2.1.1.3. Skin Care
  - 8.2.1.2. Pharmaceutical
  - 8.2.1.3. Others
8.3. Asia Pacific Decyl Oleate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. China Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.2. China Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.3. Japan Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.4. Japan Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.5. South Korea Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.6. South Korea Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.7. India Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.8. India Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.9. Southeast Asia Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.10. Southeast Asia Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.11. Rest of Asia Pacific Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 8.3.1.12. Rest of Asia Pacific Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Decyl Oleate Market Outlook, 2019 - 2031

9.1. Latin America Decyl Oleate Market Outlook, by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Plant Based
  - 9.1.1.2. Animal Based
9.2. Latin America Decyl Oleate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Personal Care
    - 9.2.1.1.1. Cosmetics
    - 9.2.1.1.2. Hair Care
    - 9.2.1.1.3. Skin Care
  - 9.2.1.2. Pharmaceutical
  - 9.2.1.3. Others
9.3. Latin America Decyl Oleate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Brazil Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 9.3.1.2. Brazil Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 9.3.1.3. Mexico Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 9.3.1.4. Mexico Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 9.3.1.5. Argentina Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 9.3.1.6. Argentina Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 9.3.1.7. Rest of Latin America Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 9.3.1.8. Rest of Latin America Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Decyl Oleate Market Outlook, 2019 - 2031

10.1. Middle East & Africa Decyl Oleate Market Outlook, by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 10.1.1. Key Highlights
  - 10.1.1.1. Plant Based
  - 10.1.1.2. Animal Based
10.2. Middle East & Africa Decyl Oleate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 10.2.1. Key Highlights
  - 10.2.1.1. Personal Care
    - 10.2.1.1.1. Cosmetics
    - 10.2.1.1.2. Hair Care
    - 10.2.1.1.3. Skin Care
  - 10.2.1.2. Pharmaceutical
  - 10.2.1.3. Others
10.3. Middle East & Africa Decyl Oleate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 10.3.1. Key Highlights
  - 10.3.1.1. GCC Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.2. GCC Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.3. South Africa Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.4. South Africa Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.5. Egypt Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.6. Egypt Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.7. Nigeria Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.8. Nigeria Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.9. Rest of Middle East & Africa Decyl Oleate Market by Source, Value (US$ Mn) and Volume (Tons), 2019 - 2031
  - 10.3.1.10. Rest of Middle East & Africa Decyl Oleate Market by Application, Value (US$ Mn) and Volume (Tons), 2019 - 2031
- 10.3.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. Product vs Indication Heatmap
11.2. Company Market Share Analysis, 2024
11.3. Competitive Dashboard
11.4. Company Profiles
- 11.4.1. BASF SE
  - 11.4.1.1. Company Overview
  - 11.4.1.2. Product Portfolio
  - 11.4.1.3. Financial Overview
  - 11.4.1.4. Business Strategies and Development
- 11.4.2. IOI Oleo GmbH
  - 11.4.2.1. Company Overview
  - 11.4.2.2. Product Portfolio
  - 11.4.2.3. Financial Overview
  - 11.4.2.4. Business Strategies and Development
- 11.4.3. Ashland LLC.
  - 11.4.3.1. Company Overview
  - 11.4.3.2. Product Portfolio
  - 11.4.3.3. Financial Overview
  - 11.4.3.4. Business Strategies and Development
- 11.4.4. KLK Oleo
  - 11.4.4.1. Company Overview
  - 11.4.4.2. Product Portfolio
  - 11.4.4.3. Financial Overview
  - 11.4.4.4. Business Strategies and Development
- 11.4.5. Ecogreen Oleochemical (S) Pte. Ltd.
  - 11.4.5.1. Company Overview
  - 11.4.5.2. Product Portfolio
  - 11.4.5.3. Financial Overview
  - 11.4.5.4. Business Strategies and Development
- 11.4.6. Mosselman SA
  - 11.4.6.1. Company Overview
  - 11.4.6.2. Product Portfolio
  - 11.4.6.3. Financial Overview
  - 11.4.6.4. Business Strategies and Development
- 11.4.7. Italmatch Chemicals SpA
  - 11.4.7.1. Company Overview
  - 11.4.7.2. Product Portfolio
  - 11.4.7.3. Financial Overview
  - 11.4.7.4. Business Strategies and Development
- 11.4.8. Oleon NV
  - 11.4.8.1. Company Overview
  - 11.4.8.2. Product Portfolio
  - 11.4.8.3. Financial Overview
  - 11.4.8.4. Business Strategies and Development
- 11.4.9. Zschimmer & Schwarz Holding GmbH & Co KG
  - 11.4.9.1. Company Overview
  - 11.4.9.2. Product Portfolio
  - 11.4.9.3. Financial Overview
  - 11.4.9.4. Business Strategies and Development
- 11.4.10. Stearinerie Dubois Fils SA
  - 11.4.10.1. Company Overview
  - 11.4.10.2. Product Portfolio
  - 11.4.10.3. Financial Overview
  - 11.4.10.4. Business Strategies and Development
- 11.4.11. Alzo International Inc
  - 11.4.11.1. Company Overview
  - 11.4.11.2. Product Portfolio
  - 11.4.11.3. Financial Overview
  - 11.4.11.4. Business Strategies and Development
- 11.4.12. Kumar Organic Products Limited
  - 11.4.12.1. Company Overview
  - 11.4.12.2. Product Portfolio
  - 11.4.12.3. Financial Overview
  - 11.4.12.4. Business Strategies and Development
- 11.4.13. CISME Italy s.r.l
  - 11.4.13.1. Company Overview
  - 11.4.13.2. Product Portfolio
  - 11.4.13.3. Financial Overview
  - 11.4.13.4. Business Strategies and Development
- 11.4.14. Venus Ethoxyethers Pvt. Ltd.
  - 11.4.14.1. Company Overview
  - 11.4.14.2. Product Portfolio
  - 11.4.14.3. Financial Overview
  - 11.4.14.4. Business Strategies and Development
- 11.4.15. Triveni Interchem Pvt. Ltd.
  - 11.4.15.1. Company Overview
  - 11.4.15.2. Product Portfolio
  - 11.4.15.3. Financial Overview
  - 11.4.15.4. Business Strategies and Development
- 11.4.16. R & D Laboratories Ltd
  - 11.4.16.1. Company Overview
  - 11.4.16.2. Product Portfolio
  - 11.4.16.3. Financial Overview
  - 11.4.16.4. Business Strategies and Development
- 11.4.17. Domus Chemicals S.p.A.
  - 11.4.17.1. Company Overview
  - 11.4.17.2. Product Portfolio
  - 11.4.17.3. Financial Overview
  - 11.4.17.4. Business Strategies and Development
- 11.4.18. Phoenix Chemicals Inc.
  - 11.4.18.1. Company Overview
  - 11.4.18.2. Product Portfolio
  - 11.4.18.3. Financial Overview
  - 11.4.18.4. Business Strategies and Development
- 11.4.19. Syntechem Co.,Ltd
  - 11.4.19.1. Company Overview
  - 11.4.19.2. Product Portfolio
  - 11.4.19.3. Financial Overview
  - 11.4.19.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations