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Global Undecylenic Acid Market: By Type: Natural, Synthetic, Others; By Form: Liquid, Solution, Cream, Powder, Spray, Ointment; By Application: Cosmetic Biocide, Fragrance Ingredient, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Undecylenic Acid Market Outlook

The global undecylenic acid market is expected to grow at a CAGR of 4% in the forecast period of 2023-2028.

 

Global Undecylenic Acid Market

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Increasing Demand for Perfumes to Augment the Undecylenic Acid Industry Growth

Based on application, fragrance ingredients account for a significant share in the undecylenic acid industry. Undecylenic acid and its derivatives are widely utilised in perfumes. For example, while methyl undecylenate is used in lilac perfume, ethyl undecylenate finds application in the production of rose perfume. Hence, the growing demand for perfumes is expected to be a key driver for the undecylenic acid industry over the forecast period.

 

The Asia Pacific to Provide Enhanced Growth Opportunities to the Undecylenic Acid Industry

Region-wise, the Asia Pacific is expected to witness a robust growth over the forecast period owing to the ample availability of vegetable-derived castor oil in the region. Castor oil, on being processed, gives ricinoleic acid as a product, which undergoes a few chemical processes to produce undecylenic acid as the end product. Hence, the abundance of castor oil in the region, especially in emerging countries like India, which dominate the castor oil production, will ensure the undecylenic acid industry growth in the region. This will, in turn, have a positive impact on the growth of the market as a whole.

 

Undecylenic Acid: Market Segmentation

Undecylenic acid is an organic compound with the chemical formula C11H20O2. It is a mild fatty acid belonging to a group of drugs called antifungals. It is used for the treatment of fungal infections of the skin. Undecylenic acid is also used as a preservative in cosmetics. It is produced by executing pyrolysis of ricinoleic acid, which is one of the substances obtained from castor oil.

 

Global Undecylenic Acid Market By Form

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By type, the market is divided into:

  • Natural
  • Synthetic
  • Others

Based on form, the industry can be segmented into:

  • Liquid
  • Solution
  • Cream
  • Powder
  • Spray
  • Ointment
  • Others

The market is divided based on application into:

  • Cosmetic Biocide
  • Fragrance Ingredient
  • Antifungal Agent
  • Preservative
  • Surfactant
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Undecylenic Acid Market By Region

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Increasing Utilisation in Pharmaceutical Industry to Bolster the Growth of the Undecylenic Acid Industry

The increasing application scope of undecylenic acid in the pharmaceutical industry, combined with the rising consumer awareness regarding renewable source ingredients, is driving the growth of the undecylenic acid industry. Moreover, owing to its antifungal properties, undecylenic acid and its calcium/zinc salt is used as an active ingredient in anti-fungal remedies to treat fungal infections such as ringworm and athlete’s foot. Furthermore, the FDA approval of medical applications is likely to favour the growth of the undecylenic acid industry during the forecast period. In addition, undecylenic acid is used to fight candida infection and also relieves irritation, itching, and skin inflammations.

Over the forecast period, the increasing availability of castor oil obtained from vegetable sources is expected to be a key driver for the market.

 

Key Industry Players in the Global Undecylenic Acid Market

The report gives a detailed analysis of the following key players in the global undecylenic acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Arkema Group
  • HOKOKU Co., Ltd.
  • Acme Synthetic Chemicals
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Form, Application, Region
Breakup by Type Natural, Synthetic, Others
Breakup by Form Liquid, Solution, Cream, Powder, Spray, Ointment, Others
Breakup by Application Cosmetic Biocide, Fragrance Ingredient, Antifungal Agent, Preservative, Surfactant, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends-Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Arkema Group, HOKOKU Co.,Ltd., Acme Synthetic Chemicals, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*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.

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    Opportunities and Challenges in the Market
8    Global Undecylenic Acid Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Undecylenic Acid Historical Market (2018-2022) 
    8.3    Global Undecylenic Acid Market Forecast (2023-2028)
    8.4    Global Undecylenic Acid Market by Type
        8.4.1    Natural
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Synthetic
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Undecylenic Acid Market by Form
        8.5.1    Liquid
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Solution
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Cream
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Powder
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Spray
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Ointment
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2018-2022)
            8.5.6.3    Forecast Trend (2023-2028)
        8.5.7    Others
    8.6    Global Undecylenic Acid Market by Application
        8.6.1    Cosmetic Biocide
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Fragrance Ingredient
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Antifungal Agent
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Preservative
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Surfactant
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022)
            8.6.5.3    Forecast Trend (2023-2028)
        8.6.6    Others    
    8.7    Global Undecylenic Acid Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America  Undecylenic Acid Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Undecylenic Acid Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Undecylenic Acid Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Undecylenic Acid Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Undecylenic Acid Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Arkema Group
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    HOKOKU Co.,Ltd.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Acme Synthetic Chemicals
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Undecylenic Acid Market: Key Industry Highlights, 2018 and 2028
2.    Global Undecylenic Acid Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Undecylenic Acid Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Undecylenic Acid Historical Market: Breakup by Form (USD Million), 2018-2022
5.    Global Undecylenic Acid Market Forecast: Breakup by Form (USD Million), 2023-2028
6.    Global Undecylenic Acid Historical Market: Breakup by Application (USD Million), 2018-2022
7.    Global Undecylenic Acid Market Forecast: Breakup by Application (USD Million), 2023-2028
8.    Global Undecylenic Acid Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global Undecylenic Acid Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America Undecylenic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America Undecylenic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe Undecylenic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe Undecylenic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific Undecylenic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific Undecylenic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America Undecylenic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America Undecylenic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa Undecylenic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa Undecylenic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Undecylenic Acid Market Structure

Key Questions Answered in the Report

The global undecylenic acid market is projected to grow at a CAGR of 4% between 2023 and 2028.

The industry is primarily being driven by the  FDA approval of medical applications, increasing availability of castor oil, growing demand for perfumes, increasing demand for personal care products, polymers, and cosmetics and rising concerns associated with environmental advantages.

The key trends of the market include the expanding application scope of undecylenic acid in the pharmaceutical industry, and the rising consumer awareness of renewable source ingredients.

The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific with Asia Pacific accounting for the largest share in the market.

Natural and synthetic, among others are the types of undecylenic acids in the market.

Based on form, the industry can be segmented into liquid, solution, cream, powder, spray, and ointment.

The fragrance ingredient segment is the dominant type of application in the industry.

The major players in the industry are Arkema Group, HOKOKU Co., Ltd., and Acme Synthetic Chemicals, among others.

Analyst Review

The global undecylenic acid market is being driven by the expanding application scope of undecylenic acid in the pharmaceutical industry. Aided by increasing availability of castor oil and rising consumer awareness of renewable source ingredients,  the market is expected to witness a further growth in the forecast period of 2023-2028, 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. Based on its types, the global undecylenic acid industry can be segmented into natural and synthetic, among others. By form, the industry can be divided into liquid, solution, cream, powder, spray, and ointment. On the basis of application, cosmetic biocide, fragrance ingredient, antifungal agent, preservative, and surfactant, among others are the various segments with, the fragrance ingredient segment accounting for the largest market share. The major regional markets for the global undecylenic acid industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific, with Asia Pacific accounting for the largest share of the market. The key players in the above market include Arkema Group, HOKOKU Co., Ltd., and Acme Synthetic Chemicals, 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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