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Dodecanol Market

Dodecanol Market By Material Type (Palm Kernel Oil, Coconut Oil, Methyl Esters), Application (Solvent, Adhesive and Sealants, Industrial Fluids, Lubricating oil, Fuel Additive, Food Additives, Cosmetics, Hair Dyes, Soaps, Shampoo), End-Use Industry (Automotive, Agriculture, Textile, Healthcare, Pulp & Paper) & Region - Forecast 2022 - 2032

Market Insights on Dodecanol covering sales outlook, demand forecast & up-to-date key trends

Dodecanol Market Overview

The market for dodecanol is expected to be valued at US$ 800 Million in 2032, rising at a CAGR of 6% from 2022. As per the findings, the market is expected to reach a valuation of US$ 335 Million in 2022.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 330 Million

Expected Market Value (2022)

US$ 335 Million

Projected Market Value (2032)

US$ 800 Million

Global Growth Rate (2022-2032)

6% CAGR

Dodecanol is primarily used as a chemical intermediate in the production of dodecyl sulphate and dodecyl ethoxylate. It is also an important raw material in the production of surfactants. It is also used to make pharmaceuticals, lubricating oils, flavouring agents, and as an emollient, among other things.

Dodecanols are widely used in apple and pear orchards as a Lepidopteran pheromone attractant, as well as to disrupt the mating behaviour of certain moths, the larvae of which destroy crops. The agricultural sector's increasing use of dodecanol in the formulation of insecticides, pesticides, and plant metabolites drives the growth of the dodecanol market. The loss of agricultural land in developing countries as a result of rapid urbanisation increases the demand for pesticides to improve crop quality and yield.

Which are Some Prominent Drivers Spearheading Dodecanol Market Growth?

The growing personal care market is the primary driver for the dodecanol market. Dodecanol's market is being driven by the emergence of products such as fabric softeners, skin care products, and fatty alcohol-based detergents.

This market is expanding rapidly in developing third-world countries, where manufacturing bases are expanding. Dodecanol can be found in a variety of forms, including alcohol ethoxylates and sulphates, which are used as wetting agents and emulsifiers in paints and coatings. The expansion of the paints and coatings market is expected to boost demand for dodecanol.

The increasing use of dodecanol in the automotive industry as fuel additives and lubricant oil formulation propels Dodecanol market share growth. Furthermore, the growing personal and household care industry drives Dodecanol demand, which propels market growth. Furthermore, rising demand for disinfectants and cleaning products in the healthcare industry fuels the growth of the Dodecanol market.

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What are the Challenges Faced by the Dodecanol Industry?

Increased demand for electric vehicles to reduce reliance on crude oil exacerbates the dodecanol market. According to the Edison Electric Institute (EEI), the number of electric vehicles on U.S. roads will reach 19 million by 2032, significantly reducing the demand for dodecanol in fuel additives. Furthermore, Dodecanol has a non-polar narcotic toxicity to aquatic organisms of about 1 mg/l, which limits market growth.

The COVID-19 outbreak has had a negative impact on the dodecanol market. The disruption of the supply chain and the reduction of purchasing capital have had a direct impact on the automotive, construction, and textile industries. The abrupt closure of production centres in China, and its aftermath, caused havoc among global automakers in the European Union, the United States, India, and South America.

Why is Asia-Pacific Emerging as an Opportunistic Dodecanol Market?

With a market share of more than 47 percent in 2020, Asia Pacific dominates the dodecanol market. The region's demand for dodecanol is expected to be driven by growing infrastructure development, rising per capita income, higher domestic demand, and the availability of low-cost labour. In the textile industry, dodecanol is used as a fibre softener and anti-wrinkle agent.

The growing demand for apparel, as well as the expansion of textile industries across the country, is assisting in the market's growth. According to the Indian Brand Equity Foundation (IBEF), India's textile and apparel exports totaled US$ 39 billion in 2019 and are expected to reach US$ 83 billion by 2022.

Nikhil Kaitwade
Principal Consultant
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How is Europe Contributing to Growth of the dodecanol Market?

According to the European Automobile Manufacturers Association, the growing automotive industry and various government regulations aimed at reducing GHG emissions from fuel combustion are expected to propel the dodecanol market forward.

For example, the NHTSA and EPA's Safer, Affordable, Fuel-Efficient (SAFE) Vehicles Rule for both passenger cars and light trucks, issued in March 2020, establishes tough but achievable fuel economy and carbon dioxide standards that increase 1.6 percent each year from model years 2022 through 2032.

Market Competition

The major players in the market of dodecanol are SIGMA-ALDRICH Corporation, Chemos GmbH, Merck Schuchardt OHG, Leap Labchem Co., Ltd, Jinan Haohua Industry Co., Ltd., AK Scientific, Inc., Santa Cruz Biotechnology, Inc., Haihang Industry Co., Ltd., East Chemical Industry Co., Ltd, Symrise AG, Magna-Kron Corp., Shanghai IS Chemical Technology Ltd., Seidler Chemical Co., Inc., CellMark USA, LLC and Mosselman S.A among others.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 6% until 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Material Type
  • Application
  • End Use Industry
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Segments Profiled in the Dodecanol Industry Survey

Material Type:

  • Palm Kernel Oil
  • Coconut Oil
  • Methyl Esters

Application:   

  • Solvent 
  • Adhesive and Sealants
  • Industrial Fluids
  • Lubricating oil
  • Fuel Additive
  • Food Additives
  • Cosmetics
  • Hair Dyes
  • Soaps
  • Shampoo
  • Creams
  • Others 
  • Agrochemicals 
  • Insecticides
  • Pesticides
  • Others
  • Others

End-Use Industry:

  • Automotive
  • Agriculture
  • Personal & Beauty Care
  • Textile
  • Healthcare
  • Pulp & Paper
  • Construction 
  • Oil & Gas
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global Dodecanol market to expand at a 6% value CAGR by 2032.

Asia Pacific is expected to be the most opportunistic Dodecanol market.

SIGMA-ALDRICH Corporation, Chemos GmbH, Merck Schuchardt OHG, Leap Labchem Co., Ltd, Jinan Haohua Industry Co., Ltd., AK Scientific, Inc., Santa Cruz Biotechnology, Inc., Haihang Industry Co. among others. are some prominent Dodecanol manufacturers.

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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