Caprylic Alcohol Market - Global Industry Size, Share, Trends Analysis to 2020
Persistence Market Research Pvt. Ltd is released new forthcoming report on title "Caprylic Alcohol Market: Global Industry Analysis and Forecast 2014 - 2020".
New York, NY -- (SBWire) -- 08/28/2015 --Caprylic alcohol also known as octanol is a colorless liquid with penetrating odor. Caprylic alcohol is insoluble in water and its vapors are heavier than air. Caprylic acid is a fatty acid alcohol mainly used as intermediate in chemicals and pharmaceutical industry. Caprylic alcohol is used as raw materials in manufacturing of surfactants, conditioners and disinfectants among others. It is also used as an intermediate in manufacturing of plasticizers. Caprylic alcohol also finds application in synthetic resins lubricants as an oil base and as emulsifiers in emulsion polymerization. Caprylic alcohol also finds applications in personal care and cosmetic products such as personal creams and ointments. Caprylic alcohol is used as a lubricant in metal rolling market.
Request Full TOC: http://www.persistencemarketresearch.com/toc/4399
The market for caprylic alcohol was driven by chemical and pharmaceutical industry. Huge demand from chemical industry for caprylic alcohol as an intermediate is driving the market in past few years. Caprylic alcohol is used in anti-oxidants, detergents and plasticizers market. Cosmetics industry is another major outlet for caprylic alcohol where it is used as an ingredient in creams and ointments. Increasing demand from end-user industries such as plastics and disinfectants from emerging countries has been one of the major factors for the growth of demand for caprylic alcohol. Another, major factor driving the caprylic alcohol market is increasing demand for synthetic resin lubricants from developing countries. Increasing demand for caprylic alcohol from perfume industry is likely to offer major opportunity for the caprylic alcohol market in next few years. However, environmental regulations related to caprylic alcohol industry are anticipated to hider the growth of the market in next few years.
In terms of demand, Asia Pacific was the leading region in caprylic alcohol market in 2013. Asia Pacific is anticipated to be the fastest growing markets for caprylic alcohol due to increasing demand for detergents and cosmetics in this region. The market for caprylic alcohol in Asia Pacific was led by China. However, other Asian countries such as India, Japan and South Korea are likely to provide better opportunity for caprylic alcohol market owing to increasing consumption from pharmaceutical and chemical end-user industries. Asia Pacific was followed by Europe. Increasing demand for caprylic alcohol from personal care industry coupled with chemical industry has been driving the market for caprylic alcohol in Europe. Germany is the largest consumer of caprylic alcohol in this region. Other countries such as the UK, France and Italy are likely to exhibit stable demand for caprylic alcohol in next few years. In terms of consumption, North America had the third-largest share in the caprylic alcohol market in 2013. Increasing demand from pharmaceutical industry is driving the demand for caprylic alcohol in this region. The U.S. had the largest demand for caprylic alcohol owing to huge demand from end-user industries such as personal care, chemicals and pharmaceuticals among others. Rest of the World market is anticipated to show positive outlook for the caprylic alcohol market in near future. Latin America is anticipated to show fastest growth for the caprylic alcohol market in this region. The demand is huge owing to increasing applications in personal care and detergent applications.
Some of the key manufacturers in the caprylic alcohol market are Azelis UK Life Sciences, Charkit Chemical Corp., Creasyn Finechem (Tianjin) Co., Ltd., Kao Corp., Sasol Germany GmbH and TCI (Shanghai) Development Co., Ltd. among others.
Request Full Brochure of this report: http://www.persistencemarketresearch.com/samples/4399
Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.
About Persistence Market Research
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.
Media Relations Contact
Persistence Market Research Pvt. Ltd
View this press release online at: http://rwire.com/621116