According to a new market report published by Lucintel, the future of the caprylyl glycol market looks promising with opportunities in the food and beverage, pharmaceutical, beauty and personal cares, animal feed, and others. The global caprylyl glycol market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are increasing adoption of caprylyl glycol in personal care products and expansion of the cosmetics industry.
In this market, cosmetic grade, and industrial grade are the major product types. Lucintel forecasts that the cosmetic grade will remain the largest segment over the forecast period because of its applications for personal care products and expansion of the cosmetics industry.
Within this market, personal care and cosmetics, chemical production, and others are the major applications of caprylyl glycol. Personal care and cosmetics will remain the largest segment by application type over the forecast period due to the high demand for caprylyl glycol to manufacture various cosmetics and skin care, and hair care products.
Asia Pacific is expected to witness the highest growth over the forecast period as it offer various alcohol-free products to manufacture personal care products. In this region, the use of caprylyl glycol in chemicals and cosmetics is expected to propel the caprylyl glycol market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global caprylyl glycol market by product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Caprylyl Glycol Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global caprylyl glycol market by product type, application, and region as follows:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Cosmetic Grade
Industrial Grade
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Personal Care and Cosmetics
Chemical Production
Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United Kingdom
German
France
Italy
Spain
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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