Lauryl Myristyl Alcohol Market Size is valued at USD 7.9 Bn in 2024 and is predicted to reach USD 11.8 Bn by the year 2034 at a 4.2% CAGR during the forecast period for 2025-2034.
Key Industry Insights & Findings from the Report:
Lauryl myristyl alcohol is a fatty alcohol commonly derived from natural oils. It has various applications, including use in cosmetics, pharmaceuticals, as a surfactant, emulsifier, and in industrial processes. It is valued for its emollient properties and ability to mix substances that don't naturally combine, such as oil and water. Growing per capita expenditure on cosmetic items and personal care, as well as rising demand for Lauryl myristyl alcohol from the paint and coatings and oil and gas industries, will likely fuel market expansion during the forecast period. The growing chemical and manufacturing sectors drive the global lauryl myristyl market alcohol. The broad range of applications in numerous industries drives up demand for lauryl myristyl alcohol. Consumers are utilizing more personal care items, which leads to a rise in the use of lauryl myristyl alcohol in cosmetics.
However, the Russia-Ukraine war and the post-COVID-19 pandemic may substantially impact the market for Lauryl Myristyl Alcohol. The current conflict between Russia & Ukraine may impair Lauryl Myristyl Alcohol manufacturing and supply lines, limiting the market growth.
The Lauryl Myristyl Alcohol Market is segmented based on application, source, and type. According to application, the market is segmented as industrial & domestic cleaning, personal care, lubricants, food & nutrition, plasticizers, pharmaceutical formulation, and others. The source segment includes petrochemical and natural. The market is segmented by type into long-chain, higher-chain, short-chain, and mid-cut chain.
The personal care category will majorly share in the global Lauryl Myristyl Alcohol Market in 2022. This expansion can be due to increased demand for personal care goods. Furthermore, the ability of personal care to operate as an emulsion stabilizer and viscosity-increasing agent, allowing items to be spreadable and creamy, has increased its use in personal care and cosmetic goods such as lipstick, sunscreen, and moisturizer, among others. Furthermore, the industrial and home cleaning segment is likely to direct the market owing to the rising preference for natural oils over chemicals.
The natural segment is projected to grow rapidly in the global Lauryl Myristyl Alcohol Market. This expansion can be linked to rising client demand for bio-based products. Natural sources of lauryl myristyl alcohol are environmentally friendly because they are sourced from plant-based sources such as coconut and palm oil. Palm and coconut oils. Fatty alcohols are also found naturally in animal and vegetable sources. Because of their great variety in lauryl chains, vegetable oils serve as traditional sources of fatty alcohol and are more prevalent in some applications than animal sources. As a result, these carbon chains are extremely beneficial in cleaning detergents. Furthermore, the petrochemical segment is expected to dominate the market due to rising customer demand for ecologically friendly and sustainable goods.
The North American lauryl Myristyl Alcohol Market is expected to record the maximum market share in revenue shortly. Owing to the increasing requirement in the food and cosmetic industries, North America dominates the lauryl myristyl alcohol market. Furthermore, the increasing prevalence of online retailing firms for chemicals and materials, particularly in emerging markets, is aiding expansion throughout the projection period.
However, the growing demand for lauryl myristyl alcohol in North America is due to its popularity in the cosmetics sector and its capacity to give various benefits, including increased foam stability, emollience, and viscosity control. Due to the rapid adoption of low-foaling detergents and cleaners, Asia Pacific is predicted to expand the fastest during the projection period. Furthermore, a tremendous increase in industrial production and chemical synthesis, particularly in China and the Indian subcontinental countries, is occurring.
Recent Developments:
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 7.9 Bn |
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Revenue Forecast In 2034 |
USD 11.8 Bn |
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Growth Rate CAGR |
CAGR of 4.2% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Bn, Volume (KT) and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Source, By Type, By Application, |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; South Korea; Southeast Asia |
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Competitive Landscape |
VVF LLC, Lubrizol Corporation, Croda International Plc., Dow Chemical Company, Eco Green Oleo chemicals, MSD OLEO FZC, Wilmar International Ltd., Procter & Gamble, Wall Chemie GmbH, The Lubrizol Corporation, Azelis Americas LLC, PT. Ecogreen Oleochemicals, BASF Care Creations, Godrej Industries Limited (Chemicals), Others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Lauryl Myristyl Alcohol Market Snapshot
Chapter 4. Global Lauryl Myristyl Alcohol Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Application Estimates & Trend Analysis
5.1. By Application, & Market Share, 2024-2034
5.2. Market Size (Value US$ Mn & Volume (KT)) & Forecasts and Trend Analyses, 2021-2034 for the following By Application:
5.2.1. Industrial & Domestic Cleaning
5.2.2. Personal Care
5.2.3. Lubricants
5.2.4. Food & Nutrition
5.2.5. Plasticizers
5.2.6. Pharmaceutical Formulation
5.2.7. Others
Chapter 6. Market Segmentation 2: By Source Estimates & Trend Analysis
6.1. By Source & Market Share, 2024-2034
6.2. Market Size (Value US$ Mn & Volume (KT)) & Forecasts and Trend Analyses, 2021-2034 for the following By Source:
6.2.1. Petrochemical
6.2.2. Natural
Chapter 7. Market Segmentation 3: By Type Estimates & Trend Analysis
7.1. By Type & Market Share, 2024-2034
7.2. Market Size (Value US$ Mn & Volume (KT)) & Forecasts and Trend Analyses, 2021-2034 for the following By Type:
7.2.1. Long Chain
7.2.2. Higher Chain
7.2.3. Short-Chain
7.2.4. Mid-Cut Chain
Chapter 8. Lauryl Myristyl Alcohol Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) estimates and forecasts By Application, 2021-2034
8.1.2. North America Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) estimates and forecasts By Source, 2021-2034
8.1.3. North America Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) estimates and forecasts By Type, 2021-2034
8.1.4. North America Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) estimates and forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Application, 2021-2034
8.2.2. Europe Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Source, 2021-2034
8.2.3. Europe Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Type, 2021-2034
8.2.4. Europe Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Application, 2021-2034
8.3.2. Asia Pacific Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Source, 2021-2034
8.3.3. Asia Pacific Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Type, 2021-2034
8.3.4. Asia Pacific Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Application, (US$ Million) 2021-2034
8.4.2. Latin America Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Source, (US$ Million) 2021-2034
8.4.3. Latin America Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Type, (US$ Million) 2021-2034
8.4.4. Latin America Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Application, (US$ Million) 2021-2034
8.5.2. Middle East & Africa Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Source, (US$ Million) 2021-2034
8.5.3. Middle East & Africa Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) By Type, (US$ Million) 2021-2034
8.5.4. Middle East & Africa Lauryl Myristyl Alcohol Market revenue (US$ Million) & Volume (KT) by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. VVF L.L.C
9.2.2. Lubrizol Corporation
9.2.3. Croda International Plc.
9.2.4. Croda International Plc.
9.2.5. Dow Chemical Company
9.2.6. Eco Green Oleochemicals
9.2.7. P&G Chemicals,
Lauryl Myristyl Alcohol Market By Application-
Lauryl Myristyl Alcohol Market By Source-
Lauryl Myristyl Alcohol Market By Type-
Lauryl Myristyl Alcohol Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
