Caprylyl Glycol Market Report 2024 (Global Edition)

Global Caprylyl Glycol Market Report 2024 Market Size Split by Type (Cosmetic, Grade, Industrial, Grade), by Application (Cosmetics, \n, \nChemical Production)

Caprylyl Glycol Market Report Description

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Competitive Landscape of the Caprylyl Glycol Market

BASF SE

BASF SE has over 110,302 employees worldwide. It has 11 divisions which are aggregated into six segments based on their business models. The divisions bear operational responsibility and are organized according to sectors or products. The portfolio of the company comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and has companies in around 90 countries across the globe. It operates six Verbund sites and 241 additional production sites worldwide.

Solvay

Solvay specializes in offering several types of chemicals. The company has over 23,000 employees worldwide. Solvay is organized into four operating segments: materials, chemicals, solutions, and corporate & business services. Materials offer a portfolio of high-performance polymers and composite technologies used primarily in sustainable mobility applications. Further, chemicals include products such as soda ash & derivative, peroxides, silica, and coatis.

Symrise

Symrise creates, manufactures, and distributes fragrance, flavouring, and food components, cosmetic active compounds, raw materials, and functional ingredients and solutions that improve the nutritional value and sensory qualities of diverse goods. Its customers include perfume, cosmetics, food and beverage businesses, the pharmaceutical industry, and nutritional supplement and pet food manufacturers. The segments for Flavour, Nutrition, and Scent & Care are in charge of operating business

Recent Developments:

April 2022

Symrise announces Hydrolite 8 green, a green cosmetic multifunctional and a 100% bio-based caprylyl glycol

Symrise has launched Hydrolite 6 green, a green variant of its multifunctional components, Hydrolite 6 and Hydrolite 6O. As the first green 1,2-hexanediol, this 6-carbon 1,2-alkanediol joins the cosmetics industry. The source of the raw material is environmentally friendly. All formulation types including conventional and green formulations can employ Hydrolite 6 green. Due to its outstanding mildness, it may be used on even the most delicate skin types.

Top Companies Market Share in Caprylyl Glycol Industry: (In no particular order of Rank)

• BASF
• Solvay SA
• Symrise AG
• Lyondell Basell
• Adeka Corp
• Ajinomoto
• Others
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Regional Analysis of the Caprylyl Glycol Market

The North America Caprylyl Glycol market size was USD 350.35 Million in 2024 and it will be USD 474.34 Million in 2030.Caprylyl Glycol is a popular ingredient in many cosmetic and personal care products due to its moisturizing and conditioning properties. It is also used in the pharmaceutical industry as a preservative. Considering one of the leading application industry, cosmetics has strong growth in the North America due to the high disposable income in the region. The United States is the largest market for cosmetics in North America and is highly competitive and diverse, with a range of companies, from large multinational corporations to small businesses, competing for market share. With growing disposable income and changing consumer preference for natural and organic products, the demand of bio-based raw material in cosmetic is increasing. Social media platforms have also played a significant role in driving consumer demand, with influencers and bloggers promoting cosmetic products and driving sales. So overall, the demand of caprylyl glycol is increasing consistently from cosmetic industry in North America.

The current report Scope analyzes Caprylyl Glycol Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Caprylyl Glycol Market

North America Caprylyl Glycol Market Analysis

The North America Caprylyl Glycol market size was USD 350.35 Million in 2024 and it will be USD 474.34 Million in 2030. Caprylyl Glycol is a popular ingredient in many cosmetic and personal care products due to its moisturizing and conditioning properties. It is also used in the pharmaceutical industry as a preservative. Considering one of the leading application industry, cosmetics has strong growth in the North America due to the high disposable income in the region. The United States is the largest market for cosmetics in North America and is highly competitive and diverse, with a range of companies, from large multinational corporations to small businesses, competing for market share. With growing disposable income and changing consumer preference for natural and organic products, the demand of bio-based raw material in cosmetic is increasing. Social media platforms have also played a significant role in driving consumer demand, with influencers and bloggers promoting cosmetic products and driving sales. So overall, the demand of caprylyl glycol is increasing consistently from cosmetic industry in North America.

Europe Caprylyl Glycol Market

Europe Caprylyl Glycol market Analysis

Europe Caprylyl Glycol market size was $262.42 Million in 2024 and it is forecasted to reach $323.58 Million by the end of 2030.

In Europe, the market for caprylyl glycol is growing due to the increasing demand for natural and organic products and the rising trend of using environmentally sustainable ingredients in personal care and cosmetic products. The European market for caprylyl glycol is highly competitive, with several players operating in the region. The market is dominated by leading players such as BASF SE, Symrise, Minasolve. These players offer a wide range of caprylyl glycol products for various applications, such as cosmetic and personal care. In addition, these companies have strong presence all across the world. 
In addition, Germany is a pioneer of the bioeconomy, with the German Federal Government having supported the path towards a bio-based economy with strategies and funding programmes since the 1990s. In January 2020, the new National Bioeconomy Strategy was published by the government for the sustainable development and utilization of biological resources and for environmentally friendly, natural production processes across all economic sectors. In line with the strategy, German based food and personal care ingredient maker Symrise has recently (April 2022) launched plant-derived caprylyl glycol for personal care products. This indicates the growing demand for natural and organic products is driving the demand for caprylyl glycol in Europe.

Asia Pacific Caprylyl Glycol Market

Asia Pacific Caprylyl Glycol market Analysis

Asia Pacific Caprylyl Glycol market size was $678.45 Million in 2024 and it is forecasted to reach $939.85 Million by the end of 2030.

The chemical industry in Asia Pacific is one of the largest and fastest-growing in the world, with significant production and consumption of chemicals across various end-use sectors. The countries like China, India exports large variety and bulk amount of chemicals to North America, Europe and other regions. Asia Pacific accounts for the largest share of the global caprylyl glycol market primarily driven by the growing disposable income and increasing demand of cosmetic and personal care products in the region. As incomes rise, consumers are more willing to spend money on luxury goods, including premium cosmetics and personal care products. Additionally, the region's growing middle class is becoming increasingly interested in adopting Western beauty standards, which has boosted demand for products such as makeup and hair care products. The cosmetic industry in Asia Pacific has been experiencing significant growth over the past few years, due to the emerging countries like China, Japan, South Korea, and India being key contributors in the market. 

In addition, Asia Pacific is the fastest growing region due to the growth of the cosmetic industry, rising disposable incomes, changing consumer preferences, and the popularity of e-commerce platforms.

South America Caprylyl Glycol Market

South America Caprylyl Glycol market Analysis

South America Caprylyl Glycol market size was $34.62 Million in 2024 and it is forecasted to reach $38.61 Million by the end of 2030.

Considering the key application industry of caprylyl glycol market, cosmetic industry in Latin America has been experiencing steady growth in recent years, driven by factors such as a growing middle class, changing consumer preferences, and increasing demand for beauty and personal care products. The cosmetic industry in Latin America is also being driven by the increasing popularity of e-commerce platforms. Online shopping has become increasingly popular in the region like Mexico, Brazil etc., with many consumers opting to purchase cosmetic products online.

Middle East and Africa Caprylyl Glycol Market

Middle East and Africa Caprylyl Glycol market Analysis 

Middle East and Africa Caprylyl Glycol market size was $48.09 Million in 2024 and it is forecasted to reach $62.14 Million by the end of 2030.

The Middle East and Africa (MEA) caprylyl glycol market is expected to experience moderate growth in the coming years, driven by factors such as the increasing demand for personal care and cosmetic products, and influence of many international beauty brands and tourism industry in UAE. The region's consumers are becoming more interested in maintaining healthy skin and hair and are willing to spend more on high-quality products that can help them achieve the growth of market.

Caprylyl Glycol Market Analysis

Type Segment Analysis of Caprylyl Glycol Market

Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.

Type of Caprylyl Glycol analyzed in this report are as follows:

• Cosmetic
• Grade
• Industrial
• Grade

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Caprylyl Glycol Industry. Request a Free Sample PDF!

Application Segment Analysis of Caprylyl Glycol Market

Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Caprylyl Glycol Market.

Some of the key Application of Caprylyl Glycol are:

• Cosmetics
• \n
• \nChemical Production

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
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• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
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Author's Conclusion