Dicaprylyl Carbonate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029
Dicaprylyl Carbonate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029
Report Digest
Dicaprylyl Carbonate Market: Introduction.
Dicaprylyl carbonate is a personal care ingredient obtained from synthetic or natural sources. It is often classified as light dry emollient, non-greasy and fast-spreading as it has exceptional moisturizing ability. It has widespread applications in personal care and cosmetics industry as it offers multifunctional properties to the end-use product. It has the unique ability to boost collagen production which helps to heal the wrinkles and sagging skin and offers good performance in solubilizing crystalline UV filters, and hence, is widely used in sun care and anti-aging products. Dicaprylyl carbonate accounts for around 5-10% of the total personal care ingredient industry. Macro-economic factors such as disposable income, increased per capita personal care spending, millennial population and internet penetration further uplifts the growth of dicaprylyl carbonate market globally. Dicaprylyl Carbonate market is likely to witness higher single-digit growth over the forecast period of 2020-2030.
Dicaprylyl Carbonate Market: Market Dynamics
Dicaprylyl carbonate market is primarily driven by widespread demand of emollient in personal care and cosmetic formulations. Growing consumer demand for anti-aging products to reduce and delay aging sign, growing demand for sun care products and ever-growing color cosmetic industry are the major factors contributing to the growth of dicaprylyl carbonate market. Moreover, the growing applications of dicaprylyl carbonate in hair care products, spray oils, antiperspirants and deodorants, and make-up removers are also fueling the growth of dicaprylyl carbonate in the forecast period. Due to the rapid modernization and urbanization, the market for dicaprylyl carbonate is expected to have high pace growth during the forecast period. In addition to this, dicaprylyl carbonate act as a multifunctional ingredient providing numerous functions in one formulation and has high spreadability compared to other emollient which gives it an edge over other emollients. Also, growing prevalence of natural ingredients is likely to propagate the demand for dicaprylyl carbonate globally. However, factors such as overuse of dicaprylyl carbonate products are harmful to the skin and may cause a burning sensation in the eyes which can hinder the growth of dicaprylyl carbonate market in the upcoming years. Also, high cost of dicaprylyl carbonate and the advent of potential alternates such as propanediol dicaprylate further dampens the growth of the dicaprylyl carbonate.
Dicaprylyl Carbonate Market: Segmentation
Based on the source type, the global Dicaprylyl Carbonate Market is segmented as:
- Synthetic
- Natural
Based on the product, the global Dicaprylyl Carbonate Market is segmented as:
- Leave-on
- Rinse-off
Based on the application, the global Dicaprylyl Carbonate Market is segmented as:
- Skin care products
- Haircare products
- Sun care products
- Deodorants and antiperspirants
- Color Cosmetics
- Baby care and cleansing
- Others
Dicaprylyl Carbonate Market: Regional Outlook
Global Dicaprylyl Carbonate market is divided into six regions including North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA. Among the regions mentioned above, Europe holds a prominent share with the presence of large manufacturing bases of key players and personal care and cosmetic formulators in the region. North America, on the other hand, is expected to witness moderate growth over the forecast period due to the saturation of personal care and cosmetic industry in the region. Also, personal care and cosmetic industry in countries like Japan and South Korea has matured and is expected to showcase a moderate growth in the coming years. China, on the other hand, with presence of wide color cosmetic industry is expected to showcase growth higher than that of global dicaprylyl carbonate average. However, emerging countries like Brazil, India, Indonesia, and Vietnam has become an epicenter for personal care and cosmetic formulators for leveraging the advantage of potential market. Demand for dicaprylyl carbonate in Middle East and Africa is mainly driven by high demand for halal-certified personal care products and natural ingredients and is anticipated to grow at a rate of global dicaprylyl carbonate market.
Dicaprylyl Carbonate Market: Market stakeholders
Key market manufacturers in the global dicaprylyl carbonate market are BASF SE, Lonza Group Ltd, Evonik Personal Care, Haihang Industry Co., Ltd., Hallstar, Isochem Company, Sunjin Chemical, Yantai Aurora Chemical, and Sasol Chemicals, amongst others. Dicaprylyl carbonate market consists of well-diversified global and regional players with the global vendors ruling the market.
The research report presents a comprehensive assessment of the dicaprylyl carbonate market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The dicaprylyl carbonate market report provides analysis and information, according to market segments such as geographies, source types, applications, and functionality.
Dicaprylyl Carbonate Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Dicaprylyl Carbonate report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. Dicaprylyl carbonate report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. Dicaprylyl Carbonate report also maps the qualitative impact of various market factors on market segments and geographies.
Dicaprylyl Carbonate Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.
TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
5-Point Growth Formula
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
The 5-point growth formula includes the following points:
- Current and Future Threats
- Accurate Trend Analysis
- Regional Assessment
- Industrial Analogy
- COVID-19 Impact
Current and Future Threats
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Accurate Trend Analysis
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Regional Assessment
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
Industrial Analogy
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
COVID-19 Impact
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
The reports offer answers to the top 7 questions that revolve around the growth of the market
- What are the diverse growth parameters influencing the market?
- Which regions will contribute largely to the growth of the market
- What are the recent innovations and technological advancements in the market?
- What are the emerging trends across the market?
- How has COVID-19 affected the market?
- What will be the post-pandemic scenario of the market?
- What are the major threats that will dent the growth prospects of the market?
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