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.
The market for lauryl myristyl alcohol has grown significantly in recent years due to the increased demand it is seeing from a variety of industries, including personal care and cosmetics.
Demand for personal care category remains higher in the lauryl myristyl alcohol market.
The NF category held the highest share in the lauryl myristyl alcohol market in 2023.
North America will continue to lead, whereas the Asia Pacific market for lauryl myristyl alcohol will experience the strongest growth until 2030.
