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Global Undecylenic Acid Market to reach USD 4,138.21 million by the end of 2029.

Global Undecylenic Acid Market Size study & Forecast, by Type (Natural, Synthetic and Others), by Form (Liquid, Solution, Cream, Powder, Spray and Ointment), by Application (Cosmetic Biocide, Fragrance Ingredient, Antifungal Agent, Preservative and Surfactant and Others), by Sales Channel (Direct Sales, Modern Trade Channels, Third-Party Online Channels, Online Website, Drug Stores and Other Sales Channel) and Regional Analysis, 2022-2029

Product Code: CMAM-76271234
Publish Date: 15-05-2023
Page: 200

Global Undecylenic Acid Market is valued at approximately USD 2,932.3 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.40% over the forecast period 2022-2029. Undecylenic Acid is a colorless oil, and it belongs to the group of medicines called antifungals. It is used to treat skin infections caused by fungus and is also used in various industries such as the personal care industry, pharmaceutical industry and cosmetics industry. The increasing demand in the pharmaceutical industry is a key factor in accelerating the market growth over the forecast period 2022-2029.

The Increasing demand for Undecylenic Acid in the global pharmaceutical industry is the primary factor in the market’s growth. According to Statista– In 2020, the worldwide market revenue for pharmaceutical research and development is USD 21.09 billion and is projected to reach USD 254 billion by 2026. Also, the growing consumer awareness about health benefits and increasing disposable income create a lucrative growth prospectus for the market over the forecast period. Moreover, rising demand for personal care products and an increase in funding for research and development to improve product lines are anticipated growth opportunities in the market. For instance, according to Statista– In 2020, the worldwide revenue of the personal care market is USD 21.59 thousand and is projected to reach USD 125.41 thousand by 2027. However, the availability of substitute products is limiting the growth of the Undecylenic Acid Market.

The key regions considered for the Global Undecylenic Acid Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific dominated the market in terms of market share due to the rapid urbanization, rising production, and growing demand for undecylenic acid and the availability of vegetable-derived castor oil in the region. North America is expected to grow with the highest CAGR during the forecast period, Factors such as increased capacities of leading companies and high demand for undecylenic acid.

Major market player included in this report are:
ITOH Oil Chemicals Co. Ltd.
Jayant Agro Organics Limited
RPK Agrotechc Exports private Limited
Xingtai Lantian Fine Chemical Co. Ltd
Arkema S.A.
TCI Chemicals (India) Pvt. Ltd.
Hokoku Marine Co Ltd.
PVS Chemicals Solutions, Inc
Nikunj Chemical Limited
Acme Synthetic Chemicals

Recent Developments in the Market:
⮚ In Dec 2021, Arkema announced a 50% global capacity increase for its Oleris® advanced bio-material. It contains elements from the C7, C11, and C18 groups such as n-heptanoic acid, n-heptaldehyde, undecylenic acid, and Esterol A. This expanded manufacturing capacity will be part of Arkema’s previously announced massive bio-factory which is now under development on Singapore’s Jurong Island.

Global Undecylenic Acid Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Form, Application, sale channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Natural
Synthetic
Others

By Form:
Liquid
Solution
Cream
Powder
Spray
Ointment

By Application:
Cosmetic Biocide
Fragrance Ingredient
Antifungal Agent
Preservative and Surfactant
Others

By Sales Channel:
Direct Sales
Modern Trade Channels
Third-Party Online Channels
Online Website
Drug Stores
Other Sales Channel

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Undecylenic Acid Market, by Region, 2019-2029 (USD Million)
1.2.2. Undecylenic Acid Market, by Type, 2019-2029 (USD Million)
1.2.3. Undecylenic Acid Market, by Form, 2019-2029 (USD Million)
1.2.4. Undecylenic Acid Market, by Application, 2019-2029 (USD Million)
1.2.5. Undecylenic Acid Market, by Sales Channel, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Undecylenic Acid Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Undecylenic Acid Market Dynamics
3.1. Undecylenic Acid Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing demand in Pharmaceutical sector
3.1.1.2. Increasing consumer awareness about health benefits
3.1.2. Market Challenges
3.1.2.1. Availability of substitute Products
3.1.3. Market Opportunities
3.1.3.1. Increase in funding for research and development
3.1.3.2. Rising demand for personal care products
Chapter 4. Global Undecylenic Acid Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Undecylenic Acid Market, by Type
1.1. Market Snapshot
1.2. Global Undecylenic Acid Market by Type, PerApplicationance – Potential Analysis
1.3. Global Undecylenic Acid Market Estimates & Forecasts by Type 2019-2029 (USD Million)
1.4. Undecylenic Acid Market, Sub Segment Analysis
1.4.1. Natural
1.4.2. Synthetic
1.4.3. Others
Chapter 2. Global Undecylenic Acid Market, by Form
2.1. Market Snapshot
2.2. Global Undecylenic Acid Market by Form, PerApplicationance – Potential Analysis
2.3. Global Undecylenic Acid Market Estimates & Forecasts by Form 2019-2029 (USD Million)
2.4. Undecylenic Acid Market, Sub Segment Analysis
2.4.1. Liquid
2.4.2. Solution
2.4.3. Cream
2.4.4. Powder
2.4.5. Spray
2.4.6. Ointment
Chapter 3. Global Undecylenic Acid Market, by Application
3.1. Market Snapshot
3.2. Global Undecylenic Acid Market by Application, PerApplicationance – Potential Analysis
3.3. Global Undecylenic Acid Market Estimates & Forecasts by Application 2019-2029 (USD Million)
3.4. Undecylenic Acid Market, Sub Segment Analysis
3.4.1. Cosmetic Biocide
3.4.2. Fragrance Ingredient
3.4.3. Antifungal Agent
3.4.4. Preservative and Surfactant
3.4.5. Others
Chapter 4. Global Undecylenic Acid Market, by Sales Channel
4.1. Market Snapshot
4.2. Global Undecylenic Acid Market by Sales Channel, PerApplicationance – Potential Analysis
4.3. Global Undecylenic Acid Market Estimates & Forecasts by Sales Channel 2019-2029 (USD Million)
4.4. Undecylenic Acid Market, Sub Segment Analysis
4.4.1. Direct Sales
4.4.2. Modern Trade Channels
4.4.3. Third-Party Online Channels
4.4.4. Online Website
4.4.5. Drug Stores
4.4.6. Other Sales Channel
Chapter 5. Global Undecylenic Acid Market, Regional Analysis
5.1. Undecylenic Acid Market, Regional Market Snapshot
5.2. North America Undecylenic Acid Market
5.2.1. U.S. Undecylenic Acid Market
5.2.1.1. Type breakdown estimates & forecasts, 2019-2029
5.2.1.2. Form breakdown estimates & forecasts, 2019-2029
5.2.1.3. Application breakdown estimates & forecasts, 2019-2029
5.2.1.4. Sales Channel breakdown estimates & forecasts, 2019-2029
5.2.2. Canada Undecylenic Acid Market
5.3. Europe Undecylenic Acid Market Snapshot
5.3.1. U.K. Undecylenic Acid Market
5.3.2. Germany Undecylenic Acid Market
5.3.3. France Undecylenic Acid Market
5.3.4. Spain Undecylenic Acid Market
5.3.5. Italy Undecylenic Acid Market
5.3.6. Rest of Europe Undecylenic Acid Market
5.4. Asia-Pacific Undecylenic Acid Market Snapshot
5.4.1. China Undecylenic Acid Market
5.4.2. India Undecylenic Acid Market
5.4.3. Japan Undecylenic Acid Market
5.4.4. Australia Undecylenic Acid Market
5.4.5. South Korea Undecylenic Acid Market
5.4.6. Rest of Asia Pacific Undecylenic Acid Market
5.5. Latin America Undecylenic Acid Market Snapshot
5.5.1. Brazil Undecylenic Acid Market
5.5.2. Mexico Undecylenic Acid Market
5.6. Rest of The World Undecylenic Acid Market

Chapter 6. Competitive Intelligence
6.1. Top Market Strategies
6.2. Company Profiles
6.2.1. ITOH Oil Chemicals Co. Ltd.
6.2.1.1. Key InApplicationation
6.2.1.2. Overview
6.2.1.3. Financial (Subject to Data Availability)
6.2.1.4. Form Summary
6.2.1.5. Recent Developments
6.2.2. Jayant Agro Organics Limited
6.2.3. RPK Agrotechc Exports private Limited
6.2.4. Xingtai Lantian Fine Chemical Co. Ltd
6.2.5. Arkema S.A.
6.2.6. TCI Chemicals (India) Pvt. Ltd.
6.2.7. Hokoku Marine Co Ltd.
6.2.8. PVS Chemicals Solutions, Inc
6.2.9. Nikunj Chemical Limited
6.2.10. Acme Synthetic Chemicals
Chapter 7. Research Process
7.1. Research Process
7.1.1. Data Mining
7.1.2. Analysis
7.1.3. Market Estimation
7.1.4. Validation
7.1.5. Publishing
7.2. Research Attributes
7.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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