The report on the Global Capric Acid Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Capric acid is a naturally occurring acid which belongs to the fatty acids group in saturated form. It is occurs milk of mammals and oils. Capric acid also known as decanoic acid has a wide range of end-user and industrial applications. Capric acid contains some essential aspects of an emulsifier, lubricant, plasticizer and a moisturizing agent which increases it market value extensively. Esters of capric acid is also used in preparation of perfumes and artificial food flavors. Global capric acid market is segmented on the basis of end-user applications as personal care, pharmaceutical, food & beverage, industrial chemicals and others (rubber, plastic, etc.).
Changing lifestyle patterns and awareness among the consumers regarding personal appearance and hygiene has led to the high demand of personal care products. This in turn significantly fuels the growth of capric acid market. Moreover changing climatic pattern due to global warming and pollution has led to the increased use of body lotions and sunscreens which in turn surges the growth of this market. Demand for new flavors which taste better from the food and beverage industry is another factor to upsurge the growth of this market. In addition use of capric acid in the production of plastics and pharmaceuticals is further expected to empower the growth of this market for the forecast.
Geographically, Asia Pacific is the most prominent region of this market with high growth and market share. Major regions like India and China support market growth for the Asia Pacific region. High demand for pharmaceuticals, personal care products and synthetic rubber in these regions empowers market growth of Asia Pacific. North America and Europe show substantial market growth owing to their economic stability. Latin America and MEA are also expected to show considerable market growth over the forecast. Major companies in.
The global capric acid market are:
- Ecogreen Oleochemicals
- Henan Eastar Chemicals Co.Ltd.
- Temix Oleo Srl
- VVF LLC
- PT Bakrie Sumatera Plantations Tbk
- Chemical Associates
- Oleocomm Global SDN BHD
- KLK OLEO
- P&G Chemicals
- IOI Oleochemicals.
SEGMENTATIONS IN REPORT:
Capric Acid By End-User Applications
- Food & Beverage
- Industrial Chemicals
- Personal Care
- Pharmaceutical
- Others (Rubber, Plastic, Etc.)
Capric Acid By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Capric Acid Market has been exhibited in detail in the following chapters -
Chapter 1 Capric Acid Market Preface
Chapter 2 Executive Summary
Chapter 3 Capric Acid Industry Analysis
Chapter 4 Capric Acid Market Value Chain Analysis
Chapter 5 Capric Acid Market Analysis By End-User Applications
Chapter 6 Capric Acid Market Analysis By Geography
Chapter 7 Competitive Landscape Of Capric Acid Companies
Chapter 8 Company Profiles Of Capric Acid Industry