Behenyl Alcohol Market Global Industry Analysis, By Key Players Forecast to 2031

Behenyl Alcohol Market 2022

The global behenyl alcohol market is estimated to expand at a CAGR of 4.5% over the forecast period of 2022-2031.

Demand for behenyl alcohol in end-use segments such as cosmetics, pharmaceuticals, and various others has been increasing. The personal care and cosmetics industry has been an ever-changing market with new trends surfacing all the time, and has also witnessed rapid growth in the past few.

Behenyl alcohol has its largest application in the cosmetics industry, as is used mostly for in sun care products. Demand for high-quality cosmetic products is expected to drive demand for behenyl alcohol due to its relatively non-sticky property as compared to other ingredients.

Demand for behenyl alcohol is also expected to gain traction for use in pharmaceuticals, as it is used extensively in the production of ointments due to its ability to thicken and stabilize formulations.

Key Players:

The report has profiled some of the important players prevalent in the global like – BASF SE, Kao Corporation, VVF Chemicals Limited, Godrej Industries Ltd., Sasol Ltd., and Nikko Chemicals Co., Ltd and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Behenyl Alcohol Market.

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Key Takeaways from Market Study

• Increasing global consumption of emollients have, in turn, raised demand of behenyl alcohol, and account for 25% share.
• Increase in demand for sun care products is expected to boost overall demand for behenyl alcohol.
• High quality cosmetics has seen prominent growth in recent years, which also acts as a driving key factor for increased demand for behenyl alcohol. Cosmetics accounts for 80% of overall demand for behenyl alcohol.
• Increasing demand from the pharmaceutical sector is expected to complement market growth, as it is a key ingredient in the production of various ointments.
• Currently, Asia is the most dominant market for behenyl alcohol, due to high production of rapeseed and behenyl alcohol in countries such as India.
• Players in the Asia are expected to generate high-profit margins due to low presence of Chinese players and reduced price competitiveness among companies based in China, Japan, India, and Europe.

"East Asia has recovered quite quickly from the COVID-19 impact. End-use industries such as, pharmaceuticals, nutraceuticals, and cosmetics & personal care are expected to witness significant growth and act as robust drivers for behenyl alcohol demand," says an analyst of Persistence Market Research.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders

Behenyl Alcohol Market Manufacturers

Behenyl Alcohol Market Distributors/Traders/Wholesalers

Behenyl Alcohol Market Subcomponent Manufacturers

Industry Association

Downstream Vendors

Key Questions Answered in the Behenyl Alcohol Market Report

How is the Behenyl Alcohol Market expected to grow over the projected period?

What direction is the Behenyl Alcohol Market expected to take in terms of volume and value during the forecast period?

What is the impact of macroeconomic factors on the Behenyl Alcohol Market in future?

What are the key market drivers in the Behenyl Alcohol Market?

What are significant opportunities and improvement areas for Behenyl Alcohol Market manufacturers?

What are the key developments and trends taking over the Behenyl Alcohol Market?

Which are the emerging countries that are expected to create significant growth opportunities in the Behenyl Alcohol Market?

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