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Global Behenyl Alcohol Market: By Application: Emollients, Emulsifiers, Thickeners, Others; By End Use: Cosmetics, Pharmaceuticals, Nutritional Supplement, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Manufacturing Process; Competitive Landscape; Industry Events and Developments
Global Behenyl Alcohol Market Outlook
The global behenyl alcohol market is expected to grow at a CAGR of 4% in the forecast period of 2021-2026.
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Cosmetics Industry to Significantly Contribute to the Growth of the Behenyl Alcohol Industry
Based on end use, the cosmetics industry is one of the leading consumers of the product, accounting for a significant share in the industry. The demand for behenyl alcohol in the cosmetics industry has been witnessing a steady growth over the past few years owing to its ability to alter the thickness of liquid products and to enhance its foaming capacity or to stabilise foams. Being a fatty alcohol, it keeps an emulsion from separating into its oil and liquid components. Further, the growing demand for sunscreen lotions and other sun care products are significantly contributing to the growth of the segment.
The Asia Pacific to Drive the Growth of the Behenyl Alcohol Industry
The Asia Pacific is expected to be a significant region contributing to the market growth over the forecast period. The growth of the regional market can be attributed to the growing demand for cosmetics and personal care products, particularly in countries like South Korea, India, and China, easy availability of rapeseed across the region, thriving pharmaceuticals industry, and the growing penetration of the leading behenyl alcohol producers. Meanwhile, the Middle East and Africa is expected to witness a moderate growth in the coming years due to the weak product demand from the major end-use sectors in the region.
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Behenyl Alcohol: Industry Definition and Segmentation
Behenyl alcohol, also known as docosanol, is a synthetic or plant-derived thickening agent and emulsifier used in cosmetics. Chemically, it is a saturated fatty alcohol, which is a white, waxy solid in appearance and is represented by the formula C22H46O. It can be utilised in anhydrous formulations such as body butters, ointments, and scrubs.
Based on application, the market is divided into:
- Emollients
- Emulsifiers
- Thickeners
- Others
Based on end use, the industry can be segmented into:
- Cosmetics
- Pharmaceuticals
- Nutritional Supplement
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Natural Products to Bolster the Market Growth of Behenyl Alcohol
The growing focus on appearance and personal hygiene is driving the demand for the cosmetics and personal care products, which, in turn, is aiding the growth of the behenyl alcohol industry. The rising disposable incomes, improving standards of living, and rapid technological advancements are further supporting the industry growth. The growth is higher in the developing regions owing to the increasing penetration of the key players. Moreover, the pharmaceutical industry is witnessing a surge in growth due to the outbreak of the pandemic, which will significantly contribute to the industry growth in the forecast period.
Owing to the rising consumer demand for cosmetics and nutritional supplements with natural ingredients, the manufacturers are continuously enhancing their product portfolio. The new product launches based on plant-based ingredients are expected to have a positive effect on the market expansion in the coming years.
Key Industry Players in the Global Behenyl Alcohol Market
The report gives a detailed analysis of the following key players in the global behenyl alcohol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Kao Corporation
- Godrej Industries Limited
- Sasol Ltd
- BASF SE
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Behenyl Alcohol Market Analysis
8.1 Key Industry Highlights
8.2 Global Behenyl Alcohol Historical Market (2016-2020)
8.3 Global Behenyl Alcohol Market Forecast (2021-2026)
8.4 Global Behenyl Alcohol Market by Application
8.4.1 Emollients
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Emulsifiers
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Thickeners
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Others
8.5 Global Behenyl Alcohol Market by End Use
8.5.1 Cosmetics
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Pharmaceuticals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Nutritional Supplement
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Others
8.6 Global Behenyl Alcohol Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operation Involved
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Kao Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Godrej Industries Limited
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Sasol Ltd
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 BASF SE
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Others
15 Industry Events and Developments
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
List of Figures and Tables
1. Global Behenyl Alcohol Market: Key Industry Highlights, 2016 and 2026
2. Global Behenyl Alcohol Historical Market: Breakup by End Use (USD Billion), 2016-2020
3. Global Behenyl Alcohol Market Forecast: Breakup by End Use (USD Billion), 2021-2026
4. Global Behenyl Alcohol Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Behenyl Alcohol Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Behenyl Alcohol Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Behenyl Alcohol Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Behenyl Alcohol Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Behenyl Alcohol Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Behenyl Alcohol Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Behenyl Alcohol Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Behenyl Alcohol Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Behenyl Alcohol Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Behenyl Alcohol Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Behenyl Alcohol Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Behenyl Alcohol Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Behenyl Alcohol Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. North America Historical Price Trends and Forecast 2016-2026
19. Europe Historical Price Trends and Forecast 2016-2026
20. Asia Pacific Historical Price Trends and Forecast 2016-2026
21. Latin America Historical Price Trends and Forecast 2016-2026
22. Middle East and Africa Historical Price Trends and Forecast 2016-2026
23. Global Behenyl Alcohol Market Structure
Key Questions Answered in the Report
The global behenyl alcohol market is projected to grow at a CAGR of 4% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, increasing demand for behenyl alcohol in the cosmetics industry, availability of rapeseed in the Asia Pacific, robustly growing pharmaceuticals industry, the increasing penetration of the leading behenyl alcohol producers in emerging markets, rising standards of living, and increasing technological advancements, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising demand for organic cosmetic products and new product launches with plant-based ingredients.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading application segments in the market are emollients, emulsifiers, and thickeners, among others.
The major end-use sectors in the industry are cosmetics, pharmaceuticals, and nutritional supplement, among others.
The major players in the industry are Kao Corporation, Godrej Industries Limited, Sasol Ltd, and BASF SE, among others.
Analyst Review
The global behenyl alcohol market is being driven by rising demand from the cosmetic industry. Aided by the growing demand for organic ingredients, the market is expected to witness a moderate growth in the forecast period of 2021-2026, growing at a CAGR of 4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By application, the market is segmented into emollients, emulsifiers, and thickeners, among others. On the basis of end-use, the industry is divided into cosmetics, pharmaceuticals, and nutritional supplement, among others. The major regional markets for behenyl alcohol are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Kao Corporation, Godrej Industries Limited, Sasol Ltd, and BASF SE, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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