2-Hexyldecanol Market Snapshot (2022 to 2032)

The global 2-hexyldecanol market size is expected to reach US$ 111 Billion in 2032. Growth in the cosmetics industry in low-income group countries is anticipated to push the demand for 2-hexyldecanol in the future.

As per FMI, the global 2-hexyldecanol market share stood at US$ 75 Billion in 2022 and is set to exhibit growth at a CAGR of 4% in the forecast period from 2022 to 2032.

Report Attribute Details
2-Hexyldecanol Market Estimated Base Year Value (2021) US$ 72 Billion
2-Hexyldecanol Market Expected Market Value (2022) US$ 75 Billion
2-Hexyldecanol Market Anticipated Forecast Value (2032) US$ 111 Billion
2-Hexyldecanol Market Projected Growth Rate (2022 to 2032) 4% CAGR

The 2-hexyldecanol market has seen substantial growth in a few years and is expected to continue to do so throughout the projected period. 2-Hexyldecanol is a kind of fatty alcohol with a lot of branches. Stability, lower melting point, and low irritant qualities have resulted in higher demand for 2-hexyldecanol in numerous industries.

Its distinctive color, thermal stability, increased biodegradability, excellent liquidity, and superior stability to some other unsaturated or straight alcohols with a comparable number of carbon atoms can be attributed to higher sales of 2-hexyldecanol in the pharmaceutical and cosmetic industry.

Though the pharma grade segment mostly dominates the global market, in recent years, there has been a promising growth in demand for 2-hexyldecanol in the technical grade segment. Generally, it is liquid in state at room temperature, the major advantage for such higher sales of 2-hexyldecanol in the industrial market. With the emergence of such new uses, the global 2-hexyldecanol market share is predicted to witness promising growth in the future years.

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What is the Future Dynamics for Global 2-Hexyldecanol Market Growth?

2-hexyldecanol has multifunctional characteristics owing to which it finds application in personal care, cosmetics, polymer & plastic, and dyes, among other industries. In the personal care & cosmetic industry, the demand for 2-hexyldecanol is particularly for its use as an emulsifier.

In contrast, it is used as a solubilizing agent for liposomal drugs in the pharmaceutical industry. Along with this, the sales of 2-hexyldecanol as a solvent in dyes, pigment, rubber & plastic manufacturing are gaining momentum in the present market.

The trends in the cosmetics & personal care industry are such that multifunctional ingredients are used for skin care, sun care, and hair care cosmetics products, which sequentially is expected to drive the demand for 2-hexyldecanol over the forecast period.

Higher sales of 2-hexyldecanol are also achieved due to its uses as a cosmetics ingredient to provide multifunctional properties. Moreover, OSHA defines it as a non-hazardous substance, i.e., it is a relatively safer alternative to some of the other conventionally used ingredients that are anticipated to drive the sales of 2-hexyldecanol for cosmetics products. Along with this, significant growth of dyes and polymer & plastics industry in developing regions will, in turn, help to drive the demand for 2-hexyldecanol in other markets.

Which Factors May Hinder the Global 2-Hexyldecanol Market Growth?

2-hexyldecanol tends to be more expensive than other aliphatic alcohols due to the comprehensive conversion during the dimerization process of alcohol.

Thus, relatively higher prices of 2-hexyldecanol are in turn expected to act as an impediment to the sales of 2-hexyldecanol during the forecast period. Moreover, the global 2-hexyldecanol market share is a highly consolidated market as two players, BASF SE, and Sasol Ltd., accounted for the lion’s share of the market in terms of production. At the same time, several other new players are focusing on the expansion of the production capacity in order to enhance their sales of 2-hexyldecanol in the global market.

Nikhil Kaitwade
Nikhil Kaitwade

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What is the Regional Outlook For the 2-Hexyldecanol Market Share?

In terms of demand for 2-hexyldecanol, the global market is expected to be dominated by the Asia Pacific region, followed by North America. Whereas in terms of production and sales of 2-hexyldecanol, Europe alone accounts for the lion’s share of the global market.

This higher demand for 2-hexyldecanol in the Asia Pacific region is mainly attributed to the increasing consumption of personal care products in China, Japan, and Southeast Asian countries. Steady growth in end-use industries across the Asia Pacific is expected to translate into a steady growth in demand for 2-hexyldecanol in the region during the forecast period. North America and Europe are expected to witness relatively slower growth in sales of 2-hexyldecanol primarily due to the mature nature of the end-use industry in these regions.

Who are the Key Players in the 2-Hexyldecanol Market Competition?

Some of the leading companies operating in the global 2-hexyldecanol market are BASF SE, Sasol Ltd, Kisco Ltd, New Japan Chemical Co., Ltd, DowPol Corporation, Jarchem Industries Inc, TCI AMERICA, and Merck KGaA among others.

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Report Scope

Report Attribute Details
Growth Rate CAGR of 4% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2015 to 2020
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Grade
  • Function
  • End Use
Regions Covered
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa
Key Countries Profiled
  • USA
  • Canada
  • Brazil
  • Argentina
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASIAN
  • GCC Countries
  • South Africa
Key Companies Profiled
  • BASF SE
  • Sasol Ltd
  • Kisco Ltd
  • New Japan Chemical Co., Ltd
  • DowPol Corporation
  • Jarchem Industries Inc
  • TCI AMERICA
  • Merck KGaA
Customization Available Upon Request

Key Segments Profiled in the 2-Hexyldecanol Market Survey

By Grade:

  • Technical Grade
  • Pharma Grade

By Function:

  • Solvent
  • Emulsifier
  • Solubilizer
  • Others

By End Use:

  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Polymer & plastics
  • Dyes
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

Frequently Asked Questions

At what rate will the 2-Hexyldecanol Market Grow?

The expected growth rate of the 2-hexyldecanol market share is about 4% for the years 2022 to 2032.

What is the Predicted 2-Hexyldecanol Market Size in the Future?

The global 2-hexyldecanol market is set to exceed US$ 111 Billion in 2032.

Which Region is set to Lead the 2-Hexyldecanol Market?

Asia Pacific is set to lead the global 2-hexyldecanol market in the forecast period.

Table of Content
1. Executive Summary | 2-Hexyldecanol Market
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and Their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyers
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
    4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2017 to 2021
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2022 to 2032
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Grade
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Grade, 2017 to 2021
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Grade, 2022 to 2032
        5.3.1. Technical Grade
        5.3.2. Pharma Grade
    5.4. Y-o-Y Growth Trend Analysis By Grade, 2017 to 2021
    5.5. Absolute $ Opportunity Analysis By Grade, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Function
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Function, 2017 to 2021
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Function, 2022 to 2032
        6.3.1. Solvent
        6.3.2. Emulsifier
        6.3.3. Solubilizer
        6.3.4. Others
    6.4. Y-o-Y Growth Trend Analysis By Function, 2017 to 2021
    6.5. Absolute $ Opportunity Analysis By Function, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2017 to 2021
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2022 to 2032
        7.3.1. Personal Care & Cosmetics
        7.3.2. Pharmaceuticals
        7.3.3. Polymer & Plastics
        7.3.4. Dyes
        7.3.5. Others
    7.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021
    7.5. Absolute $ Opportunity Analysis By End Use, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    8.1. Introduction
    8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2017 to 2021
    8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2022 to 2032
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Europe
        8.3.4. Asia Pacific
        8.3.5. Middle East and Africa
    8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        9.2.1. By Country
            9.2.1.1. USA
            9.2.1.2. Canada
        9.2.2. By Grade
        9.2.3. By Function
        9.2.4. By End Use
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Grade
        9.3.3. By Function
        9.3.4. By End Use
    9.4. Key Takeaways
10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        10.2.1. By Country
            10.2.1.1. Brazil
            10.2.1.2. Mexico
            10.2.1.3. Rest of Latin America
        10.2.2. By Grade
        10.2.3. By Function
        10.2.4. By End Use
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Grade
        10.3.3. By Function
        10.3.4. By End Use
    10.4. Key Takeaways
11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        11.2.1. By Country
            11.2.1.1. Germany
            11.2.1.2. United Kingdom
            11.2.1.3. France
            11.2.1.4. Spain
            11.2.1.5. Italy
            11.2.1.6. Rest of Europe
        11.2.2. By Grade
        11.2.3. By Function
        11.2.4. By End Use
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Grade
        11.3.3. By Function
        11.3.4. By End Use
    11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        12.2.1. By Country
            12.2.1.1. China
            12.2.1.2. Japan
            12.2.1.3. South Korea
            12.2.1.4. Malaysia
            12.2.1.5. Singapore
            12.2.1.6. Australia
            12.2.1.7. New Zealand
            12.2.1.8. Rest of Asia Pacific
        12.2.2. By Grade
        12.2.3. By Function
        12.2.4. By End Use
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Grade
        12.3.3. By Function
        12.3.4. By End Use
    12.4. Key Takeaways
13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        13.2.1. By Country
            13.2.1.1. GCC Countries
            13.2.1.2. South Africa
            13.2.1.3. Israel
            13.2.1.4. Rest of Middle East and Africa
        13.2.2. By Grade
        13.2.3. By Function
        13.2.4. By End Use
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Grade
        13.3.3. By Function
        13.3.4. By End Use
    13.4. Key Takeaways
14. Key Countries Market Analysis
    14.1. USA
        14.1.1. Pricing Analysis
        14.1.2. Market Share Analysis, 2021
            14.1.2.1. By Grade
            14.1.2.2. By Function
            14.1.2.3. By End Use
    14.2. Canada
        14.2.1. Pricing Analysis
        14.2.2. Market Share Analysis, 2021
            14.2.2.1. By Grade
            14.2.2.2. By Function
            14.2.2.3. By End Use
    14.3. Brazil
        14.3.1. Pricing Analysis
        14.3.2. Market Share Analysis, 2021
            14.3.2.1. By Grade
            14.3.2.2. By Function
            14.3.2.3. By End Use
    14.4. Mexico
        14.4.1. Pricing Analysis
        14.4.2. Market Share Analysis, 2021
            14.4.2.1. By Grade
            14.4.2.2. By Function
            14.4.2.3. By End Use
    14.5. Germany
        14.5.1. Pricing Analysis
        14.5.2. Market Share Analysis, 2021
            14.5.2.1. By Grade
            14.5.2.2. By Function
            14.5.2.3. By End Use
    14.6. United Kingdom
        14.6.1. Pricing Analysis
        14.6.2. Market Share Analysis, 2021
            14.6.2.1. By Grade
            14.6.2.2. By Function
            14.6.2.3. By End Use
    14.7. France
        14.7.1. Pricing Analysis
        14.7.2. Market Share Analysis, 2021
            14.7.2.1. By Grade
            14.7.2.2. By Function
            14.7.2.3. By End Use
    14.8. Spain
        14.8.1. Pricing Analysis
        14.8.2. Market Share Analysis, 2021
            14.8.2.1. By Grade
            14.8.2.2. By Function
            14.8.2.3. By End Use
    14.9. Italy
        14.9.1. Pricing Analysis
        14.9.2. Market Share Analysis, 2021
            14.9.2.1. By Grade
            14.9.2.2. By Function
            14.9.2.3. By End Use
    14.10. China
        14.10.1. Pricing Analysis
        14.10.2. Market Share Analysis, 2021
            14.10.2.1. By Grade
            14.10.2.2. By Function
            14.10.2.3. By End Use
    14.11. Japan
        14.11.1. Pricing Analysis
        14.11.2. Market Share Analysis, 2021
            14.11.2.1. By Grade
            14.11.2.2. By Function
            14.11.2.3. By End Use
    14.12. South Korea
        14.12.1. Pricing Analysis
        14.12.2. Market Share Analysis, 2021
            14.12.2.1. By Grade
            14.12.2.2. By Function
            14.12.2.3. By End Use
    14.13. Malaysia
        14.13.1. Pricing Analysis
        14.13.2. Market Share Analysis, 2021
            14.13.2.1. By Grade
            14.13.2.2. By Function
            14.13.2.3. By End Use
    14.14. Singapore
        14.14.1. Pricing Analysis
        14.14.2. Market Share Analysis, 2021
            14.14.2.1. By Grade
            14.14.2.2. By Function
            14.14.2.3. By End Use
    14.15. Australia
        14.15.1. Pricing Analysis
        14.15.2. Market Share Analysis, 2021
            14.15.2.1. By Grade
            14.15.2.2. By Function
            14.15.2.3. By End Use
    14.16. New Zealand
        14.16.1. Pricing Analysis
        14.16.2. Market Share Analysis, 2021
            14.16.2.1. By Grade
            14.16.2.2. By Function
            14.16.2.3. By End Use
    14.17. GCC Countries
        14.17.1. Pricing Analysis
        14.17.2. Market Share Analysis, 2021
            14.17.2.1. By Grade
            14.17.2.2. By Function
            14.17.2.3. By End Use
    14.18. South Africa
        14.18.1. Pricing Analysis
        14.18.2. Market Share Analysis, 2021
            14.18.2.1. By Grade
            14.18.2.2. By Function
            14.18.2.3. By End Use
    14.19. Israel
        14.19.1. Pricing Analysis
        14.19.2. Market Share Analysis, 2021
            14.19.2.1. By Grade
            14.19.2.2. By Function
            14.19.2.3. By End Use
15. Market Structure Analysis
    15.1. Competition Dashboard
    15.2. Competition Benchmarking
    15.3. Market Share Analysis of Top Players
        15.3.1. By Regional
        15.3.2. By Grade
        15.3.3. By Function
        15.3.4. By End Use
16. Competition Analysis
    16.1. Competition Deep Dive
        16.1.1. BASF SE
            16.1.1.1. Overview
            16.1.1.2. Product Portfolio
            16.1.1.3. Profitability by Market Segments
            16.1.1.4. Sales Footprint
            16.1.1.5. Strategy Overview
                16.1.1.5.1. Marketing Strategy
                16.1.1.5.2. Product Strategy
                16.1.1.5.3. Channel Strategy
        16.1.2. Sasol Ltd
            16.1.2.1. Overview
            16.1.2.2. Product Portfolio
            16.1.2.3. Profitability by Market Segments
            16.1.2.4. Sales Footprint
            16.1.2.5. Strategy Overview
                16.1.2.5.1. Marketing Strategy
                16.1.2.5.2. Product Strategy
                16.1.2.5.3. Channel Strategy
        16.1.3. Kisco Ltd
            16.1.3.1. Overview
            16.1.3.2. Product Portfolio
            16.1.3.3. Profitability by Market Segments
            16.1.3.4. Sales Footprint
            16.1.3.5. Strategy Overview
                16.1.3.5.1. Marketing Strategy
                16.1.3.5.2. Product Strategy
                16.1.3.5.3. Channel Strategy
        16.1.4. New Japan Chemical Co., Ltd
            16.1.4.1. Overview
            16.1.4.2. Product Portfolio
            16.1.4.3. Profitability by Market Segments
            16.1.4.4. Sales Footprint
            16.1.4.5. Strategy Overview
                16.1.4.5.1. Marketing Strategy
                16.1.4.5.2. Product Strategy
                16.1.4.5.3. Channel Strategy
        16.1.5. DowPol Corporation
            16.1.5.1. Overview
            16.1.5.2. Product Portfolio
            16.1.5.3. Profitability by Market Segments
            16.1.5.4. Sales Footprint
            16.1.5.5. Strategy Overview
                16.1.5.5.1. Marketing Strategy
                16.1.5.5.2. Product Strategy
                16.1.5.5.3. Channel Strategy
        16.1.6. Jarchem Industries Inc
            16.1.6.1. Overview
            16.1.6.2. Product Portfolio
            16.1.6.3. Profitability by Market Segments
            16.1.6.4. Sales Footprint
            16.1.6.5. Strategy Overview
                16.1.6.5.1. Marketing Strategy
                16.1.6.5.2. Product Strategy
                16.1.6.5.3. Channel Strategy
        16.1.7. TCI AMERICA
            16.1.7.1. Overview
            16.1.7.2. Product Portfolio
            16.1.7.3. Profitability by Market Segments
            16.1.7.4. Sales Footprint
            16.1.7.5. Strategy Overview
                16.1.7.5.1. Marketing Strategy
                16.1.7.5.2. Product Strategy
                16.1.7.5.3. Channel Strategy
        16.1.8. Merck KGaA
            16.1.8.1. Overview
            16.1.8.2. Product Portfolio
            16.1.8.3. Profitability by Market Segments
            16.1.8.4. Sales Footprint
            16.1.8.5. Strategy Overview
                16.1.8.5.1. Marketing Strategy
                16.1.8.5.2. Product Strategy
                16.1.8.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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