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Global Caprylic Alcohol Market by Type (Industrial Grade, Food Grade, Others), By Application (Chemical, Pharmaceutical, Food And Beverages) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-13
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 50
  • No. Of Pages: 218
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  • Pub. Date: 2021-03-01
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The Global Caprylic Alcohol Market size is projected to grow at a CAGR of 5.4% during the forecast period 2018-2028. The growth in this market can be attributed to the increasing demand for caprylic alcohol from various end-use industries such as chemical, pharmaceutical, and food & beverages.



Caprylic alcohol, also known as octanoic acid or caprylic aldehyde, is an organic compound with the chemical formula C₈H₁₄O. It is a colorless liquid that is soluble in water and ethanol. Caprylic alcohol occurs naturally in coconut oil and other animal fats. Caprylic alcohol is used in the manufacture of perfumes, flavors, and essential oils. It is also used as a solvent for resins, gums, and waxes. Caprylic alcohol is an ingredient in some brands of mouthwash. In food production, it is used as an antimicrobial agent and as a carrier for flavorings. Caprylic alcohol is a medium-chain fatty acid and is metabolized differently than other types of fat. It is said to provide a feeling of fullness and may help with weight loss. Some people use caprylic alcohol as a dietary supplement to improve their health. There is limited research on the safety and efficacy of caprylic alcohol for this purpose.



On the basis of Type, the global caprylic alcohol market is segmented into Industrial Grade, Food Grade, and Others.



Industrial Grade:

Industrial grade caprylic alcohol is a colorless and odorless liquid that has a slightly sweet taste. It is mainly used as an intermediate in the chemical industry, and also finds application in pharmaceuticals and food & beverages. Industrially, caprylic alcohol is produced by the hydrolysis of octanoic acid or esters thereof. Some of its key features include: It is a colorless liquid with a mild odor. It is soluble in water and has a slightly sweet taste. It is used as an ingredient in cosmetics, pharmaceuticals, food and beverages, and other industries. Some of its key features include: good solvency power, low volatility, biodegradable, and low toxicity. It is also used as a solvent for fats, waxes, resins, and gums.



Food Grade:

Food grade caprylic alcohol is a type of caprylic alcohol that has been specifically designed for use in food and beverage applications. It meets all the requirements of the Food and Drug Administration (FDA) for use in foods, flavors, and fragrances. It is also Kosher certified. The key features of food-grade caprylic alcohol are that it is odorless, colorless, and has a mild taste. It is also soluble in water and miscible with most organic solvents. Additionally, food-grade caprylic alcohol is non-toxic and biodegradable.



On the basis of Application, the global caprylic alcohol market is segmented into Chemical, Pharmaceuticals, Food and Beverages, and Others.



Chemical:

The chemical industry is the largest user of caprylic alcohol. It is used as a solvent for fats, waxes, resins, and gums in the manufacture of paints, varnishes, lacquers, printing inks, and adhesives. Additionally, it is also used as a reactant in the production of other chemicals. Some of its key applications in the chemical industry include: Manufacture of paints, varnishes, lacquers, printing inks, and adhesives. Production of fatty acids, esters, amides, and alcohols. Manufacture of pharmaceuticals. Production of flavors and fragrances. Production of surfactants. Manufacture of solvents.



Pharmaceuticals:

Caprylic alcohol is used in the manufacture of pharmaceuticals and drugs. Some of the key applications of caprylic alcohol in the pharmaceuticals industry include: Antimicrobial agent: Caprylic alcohol is used as an antimicrobial agent to help preserve food and beverages. It is also used as a preservative in cosmetics and personal care products. Solvent: Caprylic alcohol is a solvent for resins, gums, and waxes. It is also used to dissolve other ingredients in pharmaceuticals and drugs. Carrier: Caprylic alcohol is a carrier for flavorings and essential oils. It helps to improve the taste and smell of products.



Food And Beverages:

In the food and beverage industry, caprylic alcohol is used as an antimicrobial agent and a carrier for flavorings. It is also used to improve the taste and texture of food products. Caprylic alcohol can be used in a variety of applications, including: Beverages: Caprylic alcohol can be used to impart a coconut flavor to beverages. It can also be used as a carrier for other flavors, such as vanilla and strawberry. Bakery: Caprylic alcohol can be used in bakery products to improve their texture and flavor. It is also effective at killing bacteria and preventing the growth of mold. Dairy: Caprylic alcohol can be used in dairy products to kill bacteria and prevent the growth of mold. It can also be used to improve the flavor and texture of dairy products. Confectionery: Caprylic alcohol is effective at killing bacteria and preventing the growth of mold in confectionery products. It can also be used to improve the flavor and texture of these products. Processed Foods: Caprylic alcohol can be used in processed foods to improve their flavor and texture. It is also effective at killing bacteria and preventing the growth of mold.



On the basis of Region, the global caprylic alcohol market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region is the most mature market for caprylic alcohol. The U.S. is the largest consumer of caprylic alcohol in this region. Key players operating in this region include Brenntag AG, Chemtrade Logistics Inc., and PVS Chemicals, Inc. The demand for caprylic alcohol from the food & beverage and pharmaceutical sectors is expected to grow in the coming years. The Latin American region is expected to register the highest growth rate during the forecast period. This can be attributed to the increasing demand for caprylic alcohol from the food and beverage industry in this region. Additionally, the presence of a large number of small-scale players in countries such as Brazil and Mexico is expected to drive market growth in Latin America.

The Asia Pacific is the fastest-growing region for the caprylic alcohol market. The growth of this market is mainly attributed to the increasing demand from the food and beverage industry in this region. Additionally, the growing population and rising income levels are also contributing to the growth of this market. Some of the key countries in the Asia Pacific that are witnessing high growth in this market include China, India, and Japan. The Middle East and Africa (MEA) is a key market for caprylic alcohol. The region has a large population, with high disposable income levels. Additionally, the MEA region is witnessing rapid growth in the food & beverage industry. This is providing a boost to the demand for caprylic alcohol in the region. Some of the leading countries in the MEA region for caprylic alcohol are Saudi Arabia, UAE, and South Africa.



Growth Factors For The Global Caprylic Alcohol Market:

The growth of the global caprylic alcohol market is primarily driven by the increasing demand for caprylic alcohol from various end-use industries. Caprylic alcohol is used as a solvent, in the manufacture of pharmaceuticals and cosmetics, and as an ingredient in food products. The growing demand for caprylic alcohol from these end-use industries is expected to drive the growth of the global caprylic alcohol market during the forecast period. The increasing demand for bio-based products is another major factor expected to drive the growth of the global caprylic alcohol market during the forecast period. Caprylic alcohol can be produced from renewable resources such as plant oils and animal fats, which makes it a preferred choice for the production of bio-based products. This is expected to boost the demand for caprylic alcohol during the forecast period.



Up Market Research published a new report titled “Caprylic Alcohol Market research report which is segmented by Types (Industrial Grade, Food Grade, Others), By Applications (Chemical, Pharmaceutical, Food And Beverages), By Players/Companies Azelis UK Life Sciences, Charkit Chemical, Creasyn Finechem, Kao, Sasol Germany”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Caprylic Alcohol Market Research Report
By Type Industrial Grade, Food Grade, Others
By Application Chemical, Pharmaceutical, Food And Beverages
By Companies Azelis UK Life Sciences, Charkit Chemical, Creasyn Finechem, Kao, Sasol Germany
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 218
Number of Tables & Figures 153
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Caprylic Alcohol Industry Outlook
 

Global Caprylic Alcohol Market Report Segments:

The market is segmented by Type Industrial Grade, Food Grade, Others and By Application Chemical, Pharmaceutical, Food And Beverages.

 

Some of the companies that are profiled in this report are:

  1. Azelis UK Life Sciences
  2. Charkit Chemical
  3. Creasyn Finechem
  4. Kao
  5. Sasol Germany
 

Caprylic Alcohol Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Caprylic Alcohol Market
 

Overview of the regional outlook of the Caprylic Alcohol Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Caprylic Alcohol Market Overview
 

Highlights of The Caprylic Alcohol Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Caprylic Alcohol Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Industrial Grade

                2. Food Grade

                3. Others

       7. By Application:

                1. Chemical

                2. Pharmaceutical

                3. Food And Beverages

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Caprylic Alcohol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Caprylic Alcohol Market Statistics
 

Reasons to Purchase the Caprylic Alcohol Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Caprylic Alcohol Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Caprylic Alcohol Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Caprylic Alcohol Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Caprylic Alcohol Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Caprylic Alcohol Market Size & Forecast, 2018-2028 
      4.5.1 Caprylic Alcohol Market Size and Y-o-Y Growth 
      4.5.2 Caprylic Alcohol Market Absolute $ Opportunity 


Chapter 5 Global Caprylic Alcohol Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Caprylic Alcohol Market Size Forecast by Type
      5.2.1 Industrial Grade
      5.2.2 Food Grade
      5.2.3 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Caprylic Alcohol Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Caprylic Alcohol Market Size Forecast by Applications
      6.2.1 Chemical
      6.2.2 Pharmaceutical
      6.2.3 Food And Beverages
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Caprylic Alcohol Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Caprylic Alcohol Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Caprylic Alcohol Analysis and Forecast
   9.1 Introduction
   9.2 North America Caprylic Alcohol Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Caprylic Alcohol Market Size Forecast by Type
      9.6.1 Industrial Grade
      9.6.2 Food Grade
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Caprylic Alcohol Market Size Forecast by Applications
      9.10.1 Chemical
      9.10.2 Pharmaceutical
      9.10.3 Food And Beverages
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Caprylic Alcohol Analysis and Forecast
   10.1 Introduction
   10.2 Europe Caprylic Alcohol Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Caprylic Alcohol Market Size Forecast by Type
      10.6.1 Industrial Grade
      10.6.2 Food Grade
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Caprylic Alcohol Market Size Forecast by Applications
      10.10.1 Chemical
      10.10.2 Pharmaceutical
      10.10.3 Food And Beverages
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Caprylic Alcohol Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Caprylic Alcohol Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Caprylic Alcohol Market Size Forecast by Type
      11.6.1 Industrial Grade
      11.6.2 Food Grade
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Caprylic Alcohol Market Size Forecast by Applications
      11.10.1 Chemical
      11.10.2 Pharmaceutical
      11.10.3 Food And Beverages
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Caprylic Alcohol Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Caprylic Alcohol Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Caprylic Alcohol Market Size Forecast by Type
      12.6.1 Industrial Grade
      12.6.2 Food Grade
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Caprylic Alcohol Market Size Forecast by Applications
      12.10.1 Chemical
      12.10.2 Pharmaceutical
      12.10.3 Food And Beverages
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Caprylic Alcohol Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Caprylic Alcohol Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Caprylic Alcohol Market Size Forecast by Type
      13.6.1 Industrial Grade
      13.6.2 Food Grade
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Caprylic Alcohol Market Size Forecast by Applications
      13.10.1 Chemical
      13.10.2 Pharmaceutical
      13.10.3 Food And Beverages
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Caprylic Alcohol Market: Competitive Dashboard
   14.2 Global Caprylic Alcohol Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Azelis UK Life Sciences
      14.3.2 Charkit Chemical
      14.3.3 Creasyn Finechem
      14.3.4 Kao
      14.3.5 Sasol Germany
Segments Covered in the Report
The global Caprylic Alcohol market has been segmented based on

By Types
  • Industrial Grade
  • Food Grade
  • Others
By Applications
  • Chemical
  • Pharmaceutical
  • Food And Beverages
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Azelis UK Life Sciences
  • Charkit Chemical
  • Creasyn Finechem
  • Kao
  • Sasol Germany

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