Global Lauryl Myristyl Alcohol
Market Report
2025
The Global Lauryl Myristyl Alcohol market size is USD 7.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Lauryl Myristyl Alcohol market size is USD 7.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 8.4 Billion | 121212 | $ 12.5 Billion | 5.1% |
North America Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 3.7 Billion | 121212 | $ 5.5 Billion | 5% |
United States Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 2.5 Billion | 121212 | $ 3.7 Billion | 5% |
Canada Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.8 Billion | 121212 | $ 1.2 Billion | 5.1% |
Mexico Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.4 Billion | 121212 | $ 0.6 Billion | 5% |
Europe Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 1.9 Billion | 121212 | $ 2.8 Billion | 4.9% |
United Kingdom Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.2 Billion | 121212 | $ 0.2 Billion | 4.2% |
Germany Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.4 Billion | 121212 | $ 0.6 Billion | 5% |
France Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.3 Billion | 121212 | $ 0.4 Billion | 5.3% |
Italy Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.2 Billion | 121212 | $ 0.3 Billion | 4.6% |
Russia Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.1 Billion | 121212 | $ 0.2 Billion | 4.2% |
Spain Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.2 Billion | 121212 | $ 0.2 Billion | 5.3% |
Luxembourg Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.1 Billion | 121212 | $ 0.1 Billion | 5.7% |
Rest of Europe Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.4 Billion | 121212 | $ 0.5 Billion | 4.9% |
Asia Pacific Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 1.8 Billion | 121212 | $ 2.7 Billion | 5.4% |
China Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.5 Billion | 121212 | $ 0.8 Billion | 5.2% |
Japan Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.2 Billion | 121212 | $ 0.3 Billion | 5% |
India Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.3 Billion | 121212 | $ 0.4 Billion | 5.8% |
South Korea Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.1 Billion | 121212 | $ 0.2 Billion | 4.9% |
Australia Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.2 Billion | 121212 | $ 0.2 Billion | 5.9% |
South East Asia Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.1 Billion | 121212 | $ 0.2 Billion | 6.2% |
Rest of APAC Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.4 Billion | 121212 | $ 0.7 Billion | 5.4% |
South America Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.4 Billion | 121212 | $ 0.6 Billion | 4.6% |
Brazil Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.2 Billion | 121212 | $ 0.2 Billion | 4.7% |
Argentina Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.1 Billion | 121212 | $ 0.1 Billion | 4.3% |
Colombia Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.9% |
Peru Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.1% |
Chile Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | $ 0.1 Billion | 4.9% |
Rest of South America Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.1 Billion | 121212 | $ 0.1 Billion | 4.5% |
Middle East and Africa Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.5 Billion | 121212 | $ 0.9 Billion | 5.9% |
Egypt Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 5.2% |
South Africa Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.1 Billion | 121212 | $ 0.2 Billion | 6.1% |
Turkey Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 5% |
Nigeria Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 4.2% |
Rest of MEA Lauryl Myristyl Alcohol Market Sales Revenue | 121212 | 121212 | $ 0.1 Billion | 121212 | $ 0.2 Billion | 6.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by End-Use |
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Market Split by Grades and Forms |
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Market Split by Packaging |
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Market Split by Uses |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Lauryl Myristyl Alcohol Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Lauryl myristyl alcohol is occasionally used as a surfactant, frequently in conjunction with other surfactants. When used in cosmetics, lauryl myristyl alcohol is regarded as being safe. Fatty alcohols like lauryl myristyl alcohol are made of the C14 and C12 compounds myristyl and lauryl. With its rising demand across numerous industries, including personal care and cosmetics, lauryl myristyl alcohol's market has seen significant expansion in recent years. This has been fueled by the substance's outstanding emollient and moisturizing characteristics, which make it perfect for skin and hair care products. Furthermore, the preference of consumers for products made from bio-based materials has accelerated its acceptance. The market is expanding as a result of ongoing research into prospective uses and favorable regulatory regulations for organic chemicals. The market is also expected to increase in the coming years due to the expansion of manufacturing capacity by important manufacturers and rising consumer awareness of its advantages.
For instance, in January 2022, Thailand's government awarded a contract to ThyssenKrupp Uhde Thailand to construct an oleochemicals factory. Modern Jet Reactor technology will be used in the esterification facility, which will also be constructed to the greatest environmental and safety requirements. 2023 is the projected completion date for the project. Medium Chain Triglycerides (MCTs), which are used in the food and personal care industries, are the main products.
The market growth during the forecast period is being driven by the expansion of the cosmetics and personal care industry in emerging economies, a rise in demand for high-end skin and hair care products, child beauty care products, and color cosmetics, as well as an increase in disposable income. A shift in consumer preferences towards organic personal care products over the course of the projected period and favorable government initiatives to lessen dependency on petrochemicals are also contributing to the market rise. Another factor driving the market's growth is the straightforward accessibility of these cosmetic items through a range of sales channels, including pharmacies, specialized stores, and beauty salons. However, the market expansion over the anticipated period would be driven by consumers' growing desires for individualized, healthier, convenient, and inexpensive products.
One of the factors that present opportunities for market growth is the increasing investment made by leading players in R&D activities. Additionally, the growing demand for biodegradable & sustainable products as a result of lowering petrochemical dependence and the increased expenditures by key players for expanding production capacities are both boosting the market expansion throughout the forecast period. However, the rising per capita income in emerging nations and the rising demand for industrial surfactants have led to an improvement in living standards and are both contributing to the market's growth over the forecast period.
The market for lauryl myristyl alcohol is significantly constrained by the fluctuation of raw material prices, which has an effect on a number of different elements of the sector. Because it is manufactured from petrochemical feedstocks, the price of these raw materials directly affects how much lauryl myristyl alcohol is produced. Unpredictable cost increases may result from fluctuations in the pricing of natural gas and crude oil, which are the main feedstocks. Additionally, when raw material costs grow significantly, businesses might not be able to pass the entire cost increase on to customers. This reduces profit margins, especially if other companies decide to take on some of the cost increases to stay competitive. This can thus have an effect on the financial stability of companies in the market for lauryl myristyl alcohol.
The COVID-19 pandemic is expected to have a substantial effect on the market as a result of the slowdown in the manufacturing industries. Major businesses were obliged to temporarily close their manufacturing facilities due to the coronavirus's unanticipated impacts in order to stop the virus's spread. The company's revenue production and market share would be significantly impacted by the closure of these sites. Furthermore, lockdown has also caused a significant decrease in output quantities in a number of different nations. Market supply chain bottlenecks have been brought about by restrictions on material movement. The demand is expected to decrease due to the aforementioned reasons.
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The market for lauryl myristyl alcohol is highly concentrated, with just a handful of large and medium-sized companies accounting for the vast bulk of market sales. Major players are using a variety of methods, engaging in strategic agreements, mergers and acquisitions, and contracts, as well as creating, experimenting with, and launching more potent lauryl myristyl alcohol products.
June 2022: In order to build up alternative biotech manufacturing to replace palm oil, Unilever and Genomatica recently formed a 120 million dollar joint venture. This collaborative business will concentrate on creating biological methods to produce alternative ingredients, such fatty acids, in a scalable and sustainable manner. While Genomatica will concentrate on the creation of novel processes, Unilever will make available access to its considerable Research & Development (R&D) skills and supply chain knowledge.
Top Companies Market Share in Lauryl Myristyl Alcohol Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the lauryl myristyl alcohol market in 2023 and is anticipated to continue to do so during the forecast period because the food and cosmetic industries are seeing increased demand. In addition, during the course of the projection period, the market growth in this area is being aided by the growing prevalence of online retailers of chemicals and materials, particularly in emerging nations. However, lauryl myristyl alcohol is becoming more and more popular in the United States due to its use in cosmetics and its capacity to offer a variety of advantages, including better foam stability, emolliency, and viscosity control.
Furthermore, because low-foaling detergents and cleansers are becoming more and more popular, Asia Pacific is expected to see the fastest growth throughout the projected period. Additionally, it is projected that the massive rise in industrial production and chemical synthesis, notably in China and the nations of the Indian subcontinent, will fuel the market boom in this sector. Additionally, the increasing application of C12–14 alcohols in several commercial & industrial sectors is encouraging market growth in this region. But during the anticipated timeframe, the expanding demand for high-performance automotive systems and components in the automotive sector will also support market growth in this area.
The current report Scope analyzes Lauryl Myristyl Alcohol 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
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Global Lauryl Myristyl Alcohol Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Lauryl Myristyl Alcohol Industry growth. Lauryl Myristyl Alcohol market has been segmented with the help of its Type, End-Use Grades and Forms, and others. Lauryl Myristyl Alcohol market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Metallic stearates can be made using lauryl myristyl alcohol as a starting ingredient in a chemical reaction that produces these substances. It can support the metallic stearates' stabilizing and lubricating abilities.
According to Cognitive Market Research, oleochemicals are useful and used in many different businesses, including those that produce cosmetics, personal care products, detergents, and medications. Fatty acids, fatty alcohols (such as lauryl myristyl alcohol), and glycerin are typical oleochemical compounds.
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The market for lauryl myristyl alcohol fell under the cosmetics industry category in 2023. In many different personal care and cosmetic products, it is a widely utilized ingredient in the cosmetics business. It has emollient, emulsifying, and thickening capabilities that give cosmetics like lotions, creams, shampoos, conditioners, and more appealing qualities.
During the anticipated term, the petrochemical industry category is anticipated to expand the fastest. It can be used in a variety of petrochemical processes, such as the creation of industrial chemicals, surfactants, and detergents.
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According to Cognitive Market Research, in 2023, the market for lauryl myristyl alcohol was in the NF category. For usage in pharmaceutical formulations, such as topical lotions, ointments, and medicines, NF-grade Lauryl Myristyl Alcohol is ideal. It guarantees a high level of quality and purity while adhering to regulations.
Additionally, it is projected that the Kosher category will experience the strongest growth during the forecast period. In industries where customer adherence to dietary restrictions is crucial, such as cosmetics, personal care products, and food processing, lauryl myristyl alcohol with a Kosher certification is ideal for a variety of applications.
The drums category led the lauryl myristyl alcohol market in 2023. Drums are frequently used to package lauryl myristyl alcohol. They are normally made of metal or plastic and have specified capacity, frequently between 55 and 220 liters. Drums are practical for properly moving and storing this chemical.
According to Cognitive Market Research, over the forecast period, the liquid bulks category is anticipated to be the fastest-growing category. For large-scale industrial applications where sizable amounts of the chemical are required, liquid bulks are suitable. When compared to smaller containers like drums, they require less handling and frequent refilling.
According to Cognitive Market Research, the personal care category dominated the market in 2023. Its use in personal care and cosmetic goods including sunscreen, lipstick, and moisturizer has expanded due to its capacity to operate as an emulsion stabilizer and viscosity-increasing agent, which enables items to be spreadable and creamy.
Furthermore, the surfactants & easters category held the second largest share in the market. The demand for surfactants and other easters, like soaps and detergents, is increasing tremendously. They serve as wetting and cleaning agents in addition to solubilizing and emulsifying agents.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Lauryl Myristyl Alcohol Market is witnessing significant growth in the near future.
In 2023, the Additives segment accounted for noticeable share of global Lauryl Myristyl Alcohol Market and is projected to experience significant growth in the near future.
The Cosmetics Industry segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies VVF L.L.C , Croda International Plc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Additives, Chemicals, Metallic Stearates, Oleochemicals, Pigments, Polymers, PVC Heat Stabilizers , Titanium Dioxide |
End-Use | Cosmetics Industry, Chemical Industry, Automotive Industry, Textile Industry, Petrochemical Industry, Ceramics Industry, Pharmaceuticals Industry , Construction Industry |
Grades and Forms | Kosher , NF , Pastilles |
Packaging | Drums, Liquid Bulks, Bags |
Uses | Surfactants and Easters, Lubricants and Greases, Personal Care, Soaps and Detergent, Metal Cleaners, Pulp and Paper Processing |
List of Competitors | VVF L.L.C, Lubrizol Corporation, Croda International Plc., Dow Chemical Company, Eco Green Oleochemicals, P&G Chemicals |
This chapter will help you gain GLOBAL Market Analysis of Lauryl Myristyl Alcohol. Further deep in this chapter, you will be able to review Global Lauryl Myristyl Alcohol Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Lauryl Myristyl Alcohol. Further deep in this chapter, you will be able to review North America Lauryl Myristyl Alcohol Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Lauryl Myristyl Alcohol. Further deep in this chapter, you will be able to review Europe Lauryl Myristyl Alcohol Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Lauryl Myristyl Alcohol. Further deep in this chapter, you will be able to review Asia Pacific Lauryl Myristyl Alcohol Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Lauryl Myristyl Alcohol. Further deep in this chapter, you will be able to review South America Lauryl Myristyl Alcohol Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Lauryl Myristyl Alcohol. Further deep in this chapter, you will be able to review Middle East and Africa Lauryl Myristyl Alcohol Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Lauryl Myristyl Alcohol. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by End-Use Analysis 2021 - 2033
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Chapter 12 Market Split by Grades and Forms Analysis 2021 - 2033
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Chapter 13 Market Split by Packaging Analysis 2021 - 2033
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Chapter 14 Market Split by Uses Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Lauryl Myristyl Alcohol market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Additives have a significant impact on Lauryl Myristyl Alcohol market? |
What are the key factors affecting the Additives and Chemicals of Lauryl Myristyl Alcohol Market? |
What is the CAGR/Growth Rate of Cosmetics Industry during the forecast period? |
By type, which segment accounted for largest share of the global Lauryl Myristyl Alcohol Market? |
Which region is expected to dominate the global Lauryl Myristyl Alcohol Market within the forecast period? |
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