Global Hexyl Laurate Market Size By Type (95% Pure Hexyl Laurate, 97% Pure Hexyl Laurate), By Application (Cosmetic Raw Materials, Food Additive Raw Material), By Geographic Scope And Forecast

Hexyl Laurate Market Size And Forecast

Hexyl Laurate Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.

The primary factor driving the growth of this market is its application in cosmetics and skin care products. The Global Hexyl Laurate Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Hexyl Laurate Market Definition

Hexyl Laurate is also called dodecanoic acid, it is a saturated fatty acid with molecular formula C12H24O2, generally known as Lauric acid which forms 1-3% of laurel oil’s content. Hexyl Laurate is an ester formed when hexyl alcohol and lauric acid are combined together, hexyl alcohol is an ester with long-chain alcohol so it has more affinity with lipids than water so when it is applied to the skin it forms an occlusive layer.

Global Hexyl Laurate Market Overview

The primary factor driving the growth of this market is its application in cosmetics and skin care products, it forms a layer over the skin which protects the skin from environmental damage and also keeps the moisture intact on the skin and this keeps skin hydrated and makes skin softer and smoother because of its benefits to the skin it is being accepted by major cosmetic companies which are having the positive impact on the Hexyl Laurate Market.

It is also used in various beauty products as it has a fruity fragrance it is being used in lipsticks and is also used to increase the viscosity of the products. Furthermore, it can also be used as a food additive and people can also take it as a dietary supplement this is also contributing to the growth of this market.

Global Hexyl Laurate MarketSegmentation Analysis

The Global Hexyl Laurate Market is Segmented on the basis of Type, Application, And Geography.

Hexyl Laurate Market, By Type

• 95% Pure Hexyl Laurate• 97% Pure Hexyl Laurate• 98% Pure Hexyl Laurate• 99% Pure Hexyl Laurate

Based on Type, The market is segmented into 95% Pure Hexyl Laurate, 97% Pure Hexyl Laurate, 98% Pure Hexyl Laurate, and 99% Pure Hexyl Laurate. It is based on the purity of Hexyl Laurate, the purest hexyl laurate is 99% Pure Hexyl Laurate. Hexyl Laurate is majorly used in cosmetics due to its benefits to the skin as well as its helps to improve the texture of the product.

Hexyl Laurate Market, By Application

• Cosmetic Raw Materials• Food Additive Raw Material• Others

Based on Application, The market is segmented into Cosmetic Raw Materials, Food Additive Raw Material, and Others. Hexyl Laurate is used majorly as cosmetic raw material because it is a skin conditioning solvent, and thickens beauty products as it is used as a viscosity agent. It has some fruity flavor so it is often used in lipsticks and lip products. Hexyl Laurate is also considered a safe ingredient in skincare and cosmetics this is also a major factor contributing to the growth of the Hexyl Laurate Market in this segment.

Hexyl Laurate Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, The Global Hexyl Laurate Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is expected to dominate this market in the forecasted period.

Key Players

The “Global Hexyl Laurate Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Stearinerie Dubois, Kobo Products, Kokyu Alcohol Kogyo, Blue Sun International, Evonik, and Chemland.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• May 2022 – Evonik has opened a zero discharge plant in Dombivli, India this plant will reduce the amount of freshwater needed for production and will turn material that was previously considered waste into saleable products. ZLD will purify and recycle wastewater at the end of the industrial process.

• December 2019 –Stearinerie and LEHVOSS UK offers a green approach to silicon alternatives, Stearinerie has been making an effort that a cosmetic product must offer consumer effectiveness, safety, and sensor qualities.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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