Chemical

According to a new market report published by Lucintel, the future of the cosmetics grade caprylyl glycol market looks promising with opportunities in the beauty and personal care products. The global cosmetics grade caprylyl glycol market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028. The major growth drivers for this market are increasing adoption of natural ingredients in personal care products and expansion of cosmetic industry.



In this market, skin conditioning, hair conditioning, and others are the major segments of the cosmetics grade caprylyl glycol market. On the basis of its comprehensive research, Lucintel forecasts that skin conditioning will remain the largest segment over the forecast period due to the rising concern among the population regarding their appearance and skin nourishment leading the demand for cosmetics grade caprylyl glycol in skin care products.



Asia Pacific is expected to witness the highest growth over the forecast period due to increasing applications of Caprylyl Glycol in various skin and hair care products. The number of working women is rising in countries like China and India which fosters this pending capacity and awareness towards cosmetic products.

BASF, Archer Daniels Midland, Dow, Temix International, Huntsman Corporation, and LyondellBasell Industries are among the major suppliers of cosmetics grade caprylyl glycol.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global cosmetics grade caprylyl glycol market by end use and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Cosmetics Grade Caprylyl Glycol Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global cosmetics grade caprylyl glycol market by end use and region as follows:

Global Cosmetics Grade Caprylyl Glycol Market by End Use [Value ($M) shipment analysis from 2016 to 2028]:

· Skin Conditioning

· Hair Conditioning

· Others

Global Cosmetics Grade Caprylyl Glycol Market by Region [Value ($M) shipment analysis from 2016 to 2028]:

· North America

· Europe

· Asia Pacific

· The Rest of the World

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the cosmetics grade caprylyl glycol market by end use (skin conditioning, hair conditioning, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?