9-Decanoic Acid Methyl Ester Market Analysis By Application (Flavors & Fragrances, Pharmaceuticals) And Segment Forecasts To 2025
The global 9-decanoic acid methyl ester market is expected to reach USD 240.0 million by 2025, according to a new report by Grand View Research, Inc. Rising awareness regarding the use of green chemicals coupled with rapidly growing demand for esters in flavors & fragrances industry is likely to boost 9-decanoic acid methyl ester consumption in upcoming years. The increasing number of biorefineries to fulfill ever rising biodiesel and other bio-chemicals’ demand is expected to trigger its production over the forecast period.
The price for decanoic acid methyl esters is higher than its synthetic counterparts owing to the involvement of specialized processes such as metathesis, which require costly catalysts. Further, these processes are time and energy consuming which in turn leads to high production cost, thus pushing the overall price of product upwards.
The flavors & fragrances application segment is predicted to gain traction over the forecast period. The ability of esters to impart fruity flavors is a key factor for their increasing demand in flavors and fragrances industry. The segment is likely to grow an estimated CAGR of 5.0% from 2016 to 2025.
Further key findings from the report suggest:
Pharmaceutical application segment is estimated to account for around 20% of the market demand in 2015. 9-DAME is used to manufacture hand cleaners, skin care lotions, shampoos, and other similar products.
Asia Pacific is expected to be a key regional market over the forecast period owing to the high demand for flavors & fragrances. Asia Pacific has witnessed slightly lower prices on account of ample raw material availability.
The introduction of biofuels directive and favorable regulations for bio-based products is expected to positively impact the 9-DAME market in Europe, making it the second largest regional market.
Companies such as Elevance Renewable Sciences, P&G Chemicals, TCI (Shanghai) Development Co., Ltd have established themselves as manufacturers and suppliers in the industry.
In September 2015, Thermo Fisher Scientific completed the acquisition of Alfa Aesar with an initiative to expand their laboratory offering portfolio. To maintain competency in the market, key market players in collaboration with value chain participants focus on developing new technology to manufacture green chemicals.
Versalis and Elevance have entered into strategic partnership to develop a new metathesis technology to produce bio-chemicals from vegetable oils and will also design and construct a world-scale ethylene metathesis-based production plant that will utilize renewable oils in Italy
The price for decanoic acid methyl esters is higher than its synthetic counterparts owing to the involvement of specialized processes such as metathesis, which require costly catalysts. Further, these processes are time and energy consuming which in turn leads to high production cost, thus pushing the overall price of product upwards.
The flavors & fragrances application segment is predicted to gain traction over the forecast period. The ability of esters to impart fruity flavors is a key factor for their increasing demand in flavors and fragrances industry. The segment is likely to grow an estimated CAGR of 5.0% from 2016 to 2025.
Further key findings from the report suggest:
Pharmaceutical application segment is estimated to account for around 20% of the market demand in 2015. 9-DAME is used to manufacture hand cleaners, skin care lotions, shampoos, and other similar products.
Asia Pacific is expected to be a key regional market over the forecast period owing to the high demand for flavors & fragrances. Asia Pacific has witnessed slightly lower prices on account of ample raw material availability.
The introduction of biofuels directive and favorable regulations for bio-based products is expected to positively impact the 9-DAME market in Europe, making it the second largest regional market.
Companies such as Elevance Renewable Sciences, P&G Chemicals, TCI (Shanghai) Development Co., Ltd have established themselves as manufacturers and suppliers in the industry.
In September 2015, Thermo Fisher Scientific completed the acquisition of Alfa Aesar with an initiative to expand their laboratory offering portfolio. To maintain competency in the market, key market players in collaboration with value chain participants focus on developing new technology to manufacture green chemicals.
Versalis and Elevance have entered into strategic partnership to develop a new metathesis technology to produce bio-chemicals from vegetable oils and will also design and construct a world-scale ethylene metathesis-based production plant that will utilize renewable oils in Italy
CHAPTER 1 METHODOLOGY AND SCOPE
1.1 Research Methodology
1.2 Research scope and assumptions
1.3 List of data sources
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET SNAPSHOT
3.1 9-Decanoic acid methyl ester- Industry snapshot and key buying criteria
CHAPTER 4 MARKET VARIABLES, TRENDS & SCOPE
4.1 Market segmentation
4.2 Market size and growth prospects, 2013 - 2025
4.3 9-Decanoic Acid Methyl Ester (9-DA) value chain analysis
4.3.1 Vendor Landscape
4.4 Raw material Outlook
4.5 IP Landscape
4.5.1 Patent Analysis
4.5.2 Patent Description
4.6 Technology Outlook
4.6.1 Metathesis Technology
4.7 Price Trend Analysis
4.8 9-decanoic acid methyl ester (9-DAME) market dynamics
4.8.1 Market driver analysis
4.8.1.1 High demand for green chemicals
4.8.1.2 Flavors & fragrances industry growth
4.8.2 Market restraint analysis
4.8.2.1 High extraction cost
4.9 Key opportunities prioritized
4.9.1 Opportunity Assessment
4.10 Industry analysis - Porter’s
4.11 9-Decanoic Acid Methyl Esters, Competitive Heat Map Analysis
4.12 9-Decanoic Acid Methyl Ester (9-DAME) PESTEL analysis
CHAPTER 5 MARKET CATEGORIZATION 1: APPLICATION ESTIMATES & TREND ANALYSIS
5.1 9-Decanoic acid methyl ester market share by application, 2015 & 2025
5.2 Global 9-decanoic acid methyl ester market estimates and forecast by application 2014 - 2025
5.2.1 Flavors & Fragrances
5.2.1.1 Market estimates and forecast, 2014 - 2025
5.2.1.2 Market estimates and forecast by region 2014 - 2025
5.2.2 Pharmaceuticals
5.2.2.1 Market estimates and forecast, 2014 - 2025
5.2.2.2 Market estimates and forecast by region, 2014 - 2025
5.2.3 Others
5.2.3.1 Market estimates and forecast, 2014 - 2025
5.2.3.2 Market estimates and forecast by region, 2014 - 2025
CHAPTER 6 MARKET CATEGORIZATION 2: REGIONAL ESTIMATES & TREND ANALYSIS
6.1 9-Decanoic acid methyl ester market share by application, 2015 & 2025
6.2 Global 9-decanoic acid methyl ester demand by region, 2014 - 2025
6.2.1 North America
6.2.1.1 Market estimates and forecast, 2014 - 2025
6.2.1.2 Market estimates and forecast by applicaiton 2014 - 2025
6.2.2 Europe
6.2.2.1 Market estimates and forecast, 2014 - 2025
6.2.2.2 Market estimates and forecast by applicaiton, 2014 - 2025
6.2.3 Asia Pacific
6.2.3.1 Market estimates and forecast, 2014 - 2025
6.2.3.2 Market estimates and forecast by applicaiton, 2014 - 2025
6.2.4 Middle East & Africa
6.2.4.1 Market estimates and forecast, 2014 - 2025
6.2.4.2 Market estimates and forecast by applicaiton 2014 - 2025
6.2.5 Central & South America
6.2.5.1 Market estimates and forecast, 2014 - 2025
6.2.5.2 Market estimates and forecast by applicaiton, 2014 - 2025
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Sigma-Aldrich
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Industries and Services Catered
7.1.4 Product Benchmarking
7.2 Elevance Renewable Sciences, Inc.
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Industries and Services Catered
7.2.4 Product Benchmarking
7.2.5 Strategic Initiatives
7.3 BASF SE
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Industries and Services Catered
7.3.4 Product Benchmarking
7.4 Matreya LLC
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.5 P&G Chemicals
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.6 Arkema
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Industries and Services Catered
7.6.4 Product Benchmarking
7.6.5 Strategic Initiatives
7.7 Alfa Aesar
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Industries and Services Catered
7.7.4 Product Benchmarking
7.7.5 Strategic Initiatives
7.8 TCI (Shanghai) Development Co., Ltd.
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.9 Adamas Reagent Ltd.
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.10 Chemsky (Shanghai) International Co., Ltd.
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
1.1 Research Methodology
1.2 Research scope and assumptions
1.3 List of data sources
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET SNAPSHOT
3.1 9-Decanoic acid methyl ester- Industry snapshot and key buying criteria
CHAPTER 4 MARKET VARIABLES, TRENDS & SCOPE
4.1 Market segmentation
4.2 Market size and growth prospects, 2013 - 2025
4.3 9-Decanoic Acid Methyl Ester (9-DA) value chain analysis
4.3.1 Vendor Landscape
4.4 Raw material Outlook
4.5 IP Landscape
4.5.1 Patent Analysis
4.5.2 Patent Description
4.6 Technology Outlook
4.6.1 Metathesis Technology
4.7 Price Trend Analysis
4.8 9-decanoic acid methyl ester (9-DAME) market dynamics
4.8.1 Market driver analysis
4.8.1.1 High demand for green chemicals
4.8.1.2 Flavors & fragrances industry growth
4.8.2 Market restraint analysis
4.8.2.1 High extraction cost
4.9 Key opportunities prioritized
4.9.1 Opportunity Assessment
4.10 Industry analysis - Porter’s
4.11 9-Decanoic Acid Methyl Esters, Competitive Heat Map Analysis
4.12 9-Decanoic Acid Methyl Ester (9-DAME) PESTEL analysis
CHAPTER 5 MARKET CATEGORIZATION 1: APPLICATION ESTIMATES & TREND ANALYSIS
5.1 9-Decanoic acid methyl ester market share by application, 2015 & 2025
5.2 Global 9-decanoic acid methyl ester market estimates and forecast by application 2014 - 2025
5.2.1 Flavors & Fragrances
5.2.1.1 Market estimates and forecast, 2014 - 2025
5.2.1.2 Market estimates and forecast by region 2014 - 2025
5.2.2 Pharmaceuticals
5.2.2.1 Market estimates and forecast, 2014 - 2025
5.2.2.2 Market estimates and forecast by region, 2014 - 2025
5.2.3 Others
5.2.3.1 Market estimates and forecast, 2014 - 2025
5.2.3.2 Market estimates and forecast by region, 2014 - 2025
CHAPTER 6 MARKET CATEGORIZATION 2: REGIONAL ESTIMATES & TREND ANALYSIS
6.1 9-Decanoic acid methyl ester market share by application, 2015 & 2025
6.2 Global 9-decanoic acid methyl ester demand by region, 2014 - 2025
6.2.1 North America
6.2.1.1 Market estimates and forecast, 2014 - 2025
6.2.1.2 Market estimates and forecast by applicaiton 2014 - 2025
6.2.2 Europe
6.2.2.1 Market estimates and forecast, 2014 - 2025
6.2.2.2 Market estimates and forecast by applicaiton, 2014 - 2025
6.2.3 Asia Pacific
6.2.3.1 Market estimates and forecast, 2014 - 2025
6.2.3.2 Market estimates and forecast by applicaiton, 2014 - 2025
6.2.4 Middle East & Africa
6.2.4.1 Market estimates and forecast, 2014 - 2025
6.2.4.2 Market estimates and forecast by applicaiton 2014 - 2025
6.2.5 Central & South America
6.2.5.1 Market estimates and forecast, 2014 - 2025
6.2.5.2 Market estimates and forecast by applicaiton, 2014 - 2025
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Sigma-Aldrich
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Industries and Services Catered
7.1.4 Product Benchmarking
7.2 Elevance Renewable Sciences, Inc.
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Industries and Services Catered
7.2.4 Product Benchmarking
7.2.5 Strategic Initiatives
7.3 BASF SE
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Industries and Services Catered
7.3.4 Product Benchmarking
7.4 Matreya LLC
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.5 P&G Chemicals
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.6 Arkema
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Industries and Services Catered
7.6.4 Product Benchmarking
7.6.5 Strategic Initiatives
7.7 Alfa Aesar
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Industries and Services Catered
7.7.4 Product Benchmarking
7.7.5 Strategic Initiatives
7.8 TCI (Shanghai) Development Co., Ltd.
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.9 Adamas Reagent Ltd.
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.10 Chemsky (Shanghai) International Co., Ltd.
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
LIST OF TABLES
TABLE 1 9-Decanoic acid methyl ester price trend analysis by region, 2014 - 2025 (USD/Kg)
TABLE 2 9-Decanoic Acid Methyl Ester (9-DAME) - Key market driver impacts
TABLE 3 Global 9-decanoic acid methyl ester demand by application, 2014 - 2025 (Tons)
TABLE 4 Global 9-decanoic acid methyl ester demand by application, 2014 - 2025 (USD Million)
TABLE 5 9-Decanoic acid methyl ester demand in flavors & fragrances, 2014 - 2025 (Tons) (USD Million)
TABLE 6 9-Decanoic acid methyl ester demand in flavors & fragrances, by region, 2014 - 2025 (Tons)
TABLE 7 9-Decanoic acid methyl ester demand in flavors & fragrances, by region, 2014 - 2025 (USD Million)
TABLE 8 9-Decanoic acid methyl ester demand in pharmaceuticals, 2014 - 2025 (Tons) (USD Million)
TABLE 9 9-Decanoic acid methyl ester demand in pharmaceuticals, by region, 2014 - 2025 (Tons)
TABLE 10 9-Decanoic acid methyl ester demand in pharmaceuticals, by region, 2014 - 2025 (USD Million)
TABLE 11 9-Decanoic acid methyl ester demand in others, 2014 - 2025 (Tons) (USD Million)
TABLE 12 9-Decanoic acid methyl ester demand in others, by region, 2014 - 2025 (Tons)
TABLE 13 9-Decanoic acid methyl ester demand in others, by region, 2014 - 2025 (USD Million)
TABLE 14 Global 9-decanoic acid methyl ester demand by region, 2014 - 2025 (Tons)
TABLE 15 Global 9-decanoic acid methyl ester demand by region, 2014 - 2025 (USD Million)
TABLE 16 North America 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 17 North America 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 18 North America 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 19 Europe 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 20 Europe 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 21 Europe 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 22 Asia Pacific 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 23 Asia Pacific 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 24 Asia Pacific 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 25 CSA 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 26 CSA 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 27 CSA 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 28 MEA 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 29 MEA 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 30 MEA 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 1 9-Decanoic acid methyl ester price trend analysis by region, 2014 - 2025 (USD/Kg)
TABLE 2 9-Decanoic Acid Methyl Ester (9-DAME) - Key market driver impacts
TABLE 3 Global 9-decanoic acid methyl ester demand by application, 2014 - 2025 (Tons)
TABLE 4 Global 9-decanoic acid methyl ester demand by application, 2014 - 2025 (USD Million)
TABLE 5 9-Decanoic acid methyl ester demand in flavors & fragrances, 2014 - 2025 (Tons) (USD Million)
TABLE 6 9-Decanoic acid methyl ester demand in flavors & fragrances, by region, 2014 - 2025 (Tons)
TABLE 7 9-Decanoic acid methyl ester demand in flavors & fragrances, by region, 2014 - 2025 (USD Million)
TABLE 8 9-Decanoic acid methyl ester demand in pharmaceuticals, 2014 - 2025 (Tons) (USD Million)
TABLE 9 9-Decanoic acid methyl ester demand in pharmaceuticals, by region, 2014 - 2025 (Tons)
TABLE 10 9-Decanoic acid methyl ester demand in pharmaceuticals, by region, 2014 - 2025 (USD Million)
TABLE 11 9-Decanoic acid methyl ester demand in others, 2014 - 2025 (Tons) (USD Million)
TABLE 12 9-Decanoic acid methyl ester demand in others, by region, 2014 - 2025 (Tons)
TABLE 13 9-Decanoic acid methyl ester demand in others, by region, 2014 - 2025 (USD Million)
TABLE 14 Global 9-decanoic acid methyl ester demand by region, 2014 - 2025 (Tons)
TABLE 15 Global 9-decanoic acid methyl ester demand by region, 2014 - 2025 (USD Million)
TABLE 16 North America 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 17 North America 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 18 North America 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 19 Europe 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 20 Europe 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 21 Europe 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 22 Asia Pacific 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 23 Asia Pacific 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 24 Asia Pacific 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 25 CSA 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 26 CSA 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 27 CSA 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
TABLE 28 MEA 9-decanoic acid methyl ester market, 2014 - 2025 (Tons) (USD Million)
TABLE 29 MEA 9-decanoic acid methyl ester market, by application, 2014 - 2025 (Tons)
TABLE 30 MEA 9-decanoic acid methyl ester market, by application, 2014 - 2025 (USD Million)
LIST OF FIGURES
FIG. 1 9-Decanoic acid methyl ester market volume share, 2015 (Tons)
FIG. 2 9-Decanoic acid methyl ester- industry snapshot
FIG. 3 9-decanoic acid methyl ester (9-DAME) market segmentation
FIG. 4 Global 9-decanoic acid methyl ester (9-DAME) market, (Tons; USD Million), 2014 - 2025
FIG. 5 Global 9-decanoic acid methyl ester (9-DAME) value chain analysis
FIG. 6 Coconut oil prices (USD/MT), 2011 to 2016
FIG. 7 Palm oil prices (USD/MT), 2011 to 2016
FIG. 8 9-Decanoic acid methyl ester IP analysis, by region
FIG. 9 9-Decanoic acid methyl ester analysis IP analysis, by applicant
FIG. 10 Global 9-decanoic acid methyl ester (9-DA), esterification process
FIG. 11 9-decanoic acid methyl ester (9-DAME) market dynamics
FIG. 12 Global 9-decanoic acid methyl ester (9-DA), extraction process
FIG. 13 Key opportunities prioritized
FIG. 14 9-Decanoic acid methyl ester (9-DAME)- Porter’s analysis
FIG. 15 9-Decanoic acid methyl ester (9-DAME) PESTEL analysis
FIG. 16 9-Decanoic acid methyl ester market share by application, 2015 & 2025
FIG. 17 9-Decanoic acid methyl ester market penetration and growth prospects by region
FIG. 18 9-Decanoic acid methyl ester market share by region, 2015 & 2025
FIG. 1 9-Decanoic acid methyl ester market volume share, 2015 (Tons)
FIG. 2 9-Decanoic acid methyl ester- industry snapshot
FIG. 3 9-decanoic acid methyl ester (9-DAME) market segmentation
FIG. 4 Global 9-decanoic acid methyl ester (9-DAME) market, (Tons; USD Million), 2014 - 2025
FIG. 5 Global 9-decanoic acid methyl ester (9-DAME) value chain analysis
FIG. 6 Coconut oil prices (USD/MT), 2011 to 2016
FIG. 7 Palm oil prices (USD/MT), 2011 to 2016
FIG. 8 9-Decanoic acid methyl ester IP analysis, by region
FIG. 9 9-Decanoic acid methyl ester analysis IP analysis, by applicant
FIG. 10 Global 9-decanoic acid methyl ester (9-DA), esterification process
FIG. 11 9-decanoic acid methyl ester (9-DAME) market dynamics
FIG. 12 Global 9-decanoic acid methyl ester (9-DA), extraction process
FIG. 13 Key opportunities prioritized
FIG. 14 9-Decanoic acid methyl ester (9-DAME)- Porter’s analysis
FIG. 15 9-Decanoic acid methyl ester (9-DAME) PESTEL analysis
FIG. 16 9-Decanoic acid methyl ester market share by application, 2015 & 2025
FIG. 17 9-Decanoic acid methyl ester market penetration and growth prospects by region
FIG. 18 9-Decanoic acid methyl ester market share by region, 2015 & 2025
