Global caprylyl glycol market is anticipated to grow at a considerable CAGR of 9.5% during the forecast period (2024-2031). A major factor supporting the growth of the market is its widespread use in various industries, particularly in the cosmetics and personal care sector. Caprylyl glycol serves as a versatile ingredient due to its multifunctional properties, including its efficacy as a moisturizer, emollient, and antimicrobial agent. As the demand for skincare, haircare, and other personal care products continues to rise globally, the need for ingredients like caprylyl glycol increases correspondingly.
For instance, in April 2022, Symrise, a prominent manufacturer of ingredients for food and personal care products, unveiled a new plant-derived variant of caprylyl glycol, recognized as 1,2-octanediol. This multifunctional ingredient, renowned for its moisturizing and antimicrobial properties and widely utilized in personal care formulations, traditionally originates from petrochemical production methods.
In November 2020, Chemipol unveiled its latest product innovation, SENSICARE C 2060, boasting antimicrobial features tailored to safeguard cosmetic formulations. This strategic introduction is geared towards enhancing the company’s product lineup to meet the escalating requirements within the realm of cosmetic formulations.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes BASF SE, Evonik Industries AG, DuPont de Nemours, Inc., Symrise AG, and Clariant AG among others.
Caprylyl Glycol Market Report Segment
By Type
- Cosmetic Grade
- Industrial Grade
By Application
- Cosmetics
- Chemical Production
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Caprylyl Glycol Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Archer-Daniels-Midland Co.
- Ashland Inc.
- Clariant AG
- Huntsman Corp. (Huntsman International LLC)
- Inolex, Inc.
- Lonza Group Ltd.
- Lotioncrafter
- LyondellBasell Industries Holdings B.V.
- Symrise AG
- Temix oleosrl
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
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