PDF for Tridecyl Alcohol Market

Tridecyl Alcohol Market Analysis, Trend & Forecast,
2017 – 2024: Global Market Insights, Inc.
Tridecyl Alcohol Market Size is expected to grow at a steady rate in the next seven
years, propelled by the products demand in various end-user industries such as
pharmaceuticals, cosmetic & personal care products and textiles processing.
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Tridecyl alcohol, commonly known as tridecanol, is a compound that falls under the
group of fatty alcohols. It is commonly found as a colorless solid or oily liquid having a
mild pleasant odor. Tridecyl alcohol market will be chiefly driven by the growing
demand for cosmetic & personal care products across the globe. The product is used
in the cosmetics and personal care industry as an emulsion stabilizer, fragrance
ingredient, conditioning agent, and viscosity controlling agent. The global cosmetics
industry was valued at more than USD 290 billion in 2016 and is poised to grow at a
healthy rate during the forecast period due to increased awareness about cosmetic
products and rising income levels among consumers.
Tridecyl alcohol market will be fueled by increasing demand for pharmaceutical
products where it is used as an emulsifier. Global pharmaceuticals industry was valued
at more than USD 1 trillion in 2016 and is experiencing a significant boost owing to the
different government as well as UN initiatives to improve the healthcare facilities in
developing and under developed countries. Increased awareness among the world
population about the benefits of antibiotics and other such medicines and drugs will
drive the pharmaceuticals industry which will in turn augment the tridecyl alcohol
market.
According to the application types, global tridecyl alcohol market is segmented as
lubricants, surfactants and other applications such as additives, intermediates, etc. As
a surfactant, the product is employed in detergents, cleaners and in textile processing
and this application segment is expected to witness substantial growth in the coming
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years owing to increasing demand for cleaners and detergents. The lubricants segment
of global tridecyl alcohol market will also grow at a steady rate as the product is used
in synthetic lubricants due to its excellent wetting and emulsifying properties. The
other applications segment includes the products use as a polymer additive and
intermediate in plasticizers, agrochemicals etc. and this section is poised to grow at a
steady rate in the coming years.
North America is a significant market for the product due to high demand for
pharmaceuticals from an already matured healthcare industry. Europe also has a
substantial share of the tridecyl alcohol market due the presence of a well-developed
cosmetics industry. Asia pacific is a high potential tridecyl alcohol market owing to the
booming textiles industry in the region and fast developments in healthcare and
pharmaceuticals sector. Improving economic condition and rising income levels will
increase demand for cosmetic products and in turn will drive the tridecyl alcohol
market growth in this region.
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The differentiating factor of Tridecyl Alcohol market report by Global Market Insights,
Inc. when compared with other, similar syndicated research studies includes a 360-
degree synopsis of trends for a period of more than 10 years including historic
information as well as future outlook. Business focussed multiple trends for Tridecyl
Alcohol industry are discussed along with regional trends to offer an overall view of
the market. The ‘industry insights’ chapter of this research provides the most
comprehensive analysis of Tridecyl Alcohol market covering segmentation, size,
forecasts, ecosystem analysis and more. Industry impact forces (regional and global)
that cover growth drivers and challenges, growth potential analysis, a strategy
dashboard for competitive landscape of Tridecyl Alcohol market support this sector
specific data and information points.
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Key players participating in the global tridecyl alcohol market are KH Neochem
Company, EMCO Dyestuff, Clariant International AG, PI Chemicals, Alfa Chemistry, AK
Scientific Inc, Biosynth, Aurora Fine Chemicals, IS Chemical Technology, AN
PharmaTech Company, Sigma-Aldrich, Nanjing Kaimubo Pharmatech Company,
Tractus, Finetech Industry Limited, and Tokyo Chemical Company.
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