BASF SE and Tawiwan NJC Corporation., Ltd., among others, are the major players in the global market for dicaprylyl carbonate.
As per the analysis by Expert Market Research, the global dicaprylyl carbonate market is expected to grow at a CAGR of 4% in the forecast period of 2022-2027, owing to the growing shift towards natural products.
Dicaprylyl carbonate is a colourless, odourless liquid that can be produced artificially or naturally from sources that are either plant- or animal-based. It is a carbonic acid and caprylyl alcohol diester. Due to its good spreading capabilities and moisturising qualities, it is a well-liked component in the personal care sector. It doesn't appear oily and leaves the skin with a dry, silky texture.
The personal care and cosmetics industry is a major consumer of dicaprylyl carbonate. The increasing focus on beauty and aesthetics is driving the growth of the global dicaprylyl carbonate market. There has been an increase in the demand for the product for improved collagen production and high performance in solubilising crystalline UV filters as they use dicaprylyl carbonate.
Further, the growing retail sector, improving standards of living, and increasing internet penetration are significantly uplifting the market. With the growing shift towards natural products and the increasing awareness about the harmful effects of the synthetic ingredients, the demand for the products that have natural ingredients are increasing.
Dicaprylyl carbonate is replacing silicones as an emollient because silicones are synthetic by nature and have negative environmental effects. Over the course of the forecast period, this is anticipated to positively impact the growth of the global dicaprylyl carbonate market.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
BASF SE (BASF) is a chemical company. Chemicals, polymers, crop protection products, and performance goods are produced, marketed, and sold by this company. The novel, quick-spreading, dry emollient Cetiol® CC from BASF can greatly enhance the sensory performance of finished compositions. It is ideally suited for sun care products due to its capacity to breakdown crystalline UV filters and spread colours.
Tawiwan NJC Corporation., Ltd. is a chemical materials manufacturer that provides a variety of products that support industries around the world. The company develops original technologies which includes hydrogenation through work in the fields of oleochemicals and petrochemicals. The company creates a wide variety of products as additives for industrial, domestic, and personal care goods.
Also Read@ https://www.expertmarketresearch.com/pressrelease/global-dicaprylyl-carbonate-market
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.