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Open MRI Systems Market Size, Share & Trends Analysis Report By Field Strength (Low-Field, Mid-Field, High-Field), By Application (Vascular, Abdominal), By End-use (Hospitals, Ambulatory Surgical Centers), By Region, And Segment Forecasts, 2024 - 2030

September 2024 | 100 pages | ID: O8C08080CF43EN
Grand View Research, Inc.

US$ 5,950.00

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Oleyl Alcohol Market Growth & Trends

The global oleyl alcohol market size is anticipated to reach USD 1.35 billion by 2030 and is anticipated to expand at a CAGR of 4.3% during the forecast period, according to a new report by Grand View Research, Inc. The demand for oleyl alcohol is anticipated to be driven by its eco-friendliness, purity, and high effectiveness in terms of performance and quality. It is used as a defoaming agent, cosmetic emollient, plasticizer, rheology modifier, chemical intermediate, and automotive lubricant in numerous industrial applications.

The global personal care and cosmetic industry is growing at a rapid pace, owing to the increasing passion for skincare and cosmetics among Generation Z. The increasing consumer spending and rising disposable income are fueling the demand for skin care, cosmetic, and hair care products, which in turn drives the demand for the market.Several multinational personal care and cosmetics brands, such as Revlon, Bobbi Brown, Maybelline New York, Estee Lauder, Christian Dior, Burberry, L’Orйal, Calvin Klein, Bobbi Brown, and Body Shop, among others, adhere closely to the guidelines established by the U.S. federal government for environmental protection and the European Commission, which emphasize the use of bio-based resources.

For instance, the “BioPreferred Program” managed by the U.S. Department of Agriculture (USDA) is focused on increasing the purchase and use of bio-based products with the objective of reducing the country’s reliance on petroleum-based products. This has further led to an increase in the manufacturing of bio-based personal care products, including styling gels, anti-aging creams, hair treatment products, lipsticks, moisturizers, and lip gloss, leading to increasing demand for oleyl alcohol.

Some of the sources of manufacturing oleyl alcohol include fish oil, beef fat oil, olive oil, castor oil, rapeseed oil, soybean oil, and palm kernel oil. The fish oil, beef fat oil, and olive oil are the most commonly used raw material sources. The cost of raw materials affects the profitability and pricing of oleyl alcohol. The fluctuation of raw material prices affects the overall production cost of oleyl alcohol, resulting in an increasing price of oleyl alcohol.

Driven by sustainability concerns, the demand for bio-based oleyl alcohol derived from renewable sources such as vegetable oils is surging. This is in line with increasing consumer preference for green cosmetics and biodegradable cleaning products. For instance, in 2023, Ecogreen Oleochemicals launched ECOROL, a bio-based oleyl alcohol range, attracting partnerships with cosmetics brands seeking sustainable alternatives.

Oleyl Alcohol Market Report Highlights
  • The fish oil dominated the source segment with a 31.3% revenue share in 2023. The growth of this segment of the market can be attributed to its exceptional benefits, such as reducing blood pressure, lowering risks related to heart diseases, helping in increasing good cholesterol levels and promoting the release of serotonin.
  • The olive oil segment is expected to grow at the fastest CAGR over the forecast period.
  • The cosmetics and personal care segment held the largest market share, 25.1%, in 2023. This can be attributed to increasing consumer awareness regarding personal hygiene.
  • Surfactants segment is expected to grow at the fastest CAGR over the forecast period.
  • Asia Pacific dominated the global market in 2023 by accounting for the largest revenue share of 38.6%. This can be attributed to the increasing demand for bio-based products owing to growing consumer awareness, coupled with stringent regulations
  • Market players operating in the global market include AkzoNobel; Ecogreen Oleochemicals Pte Ltd.; Procter & Gamble; Croda International Plc; Stepan Company; Sasol Olefins & Surfactants GmbH; The Lubrizol; FPG Oleochemicals Sdn. Bhd.; Henkel AG & Co. KGaA; Ashland Inc.
  • In October 2023, BASF invested in the production of emollient specialties at its site in Germany. This investment is aimed at producing skin and sun protection products. The expansion of production capacity has been made possible by installing a new reactor and upgrading the distillation units. The company also specializes in cosmetics and personal care ingredients and offers a comprehensive portfolio of emollients. Dьsseldorf is BASF's prominent production site in Europe and its largest site for the production and development of cosmetic ingredients worldwide
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
  1.3.1. Information Procurement
  1.3.2. Information or Data Analysis
  1.3.3. Market Formulation & Data Visualization
  1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
  1.4.1. List of Data Sources

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

CHAPTER 3. OPEN MRI SYSTEMS MARKET VARIABLES, TRENDS, & SCOPE

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
  3.3.1. Market Drivers Analysis
  3.3.2. Market Restraints Analysis
3.4. Open MRI Systems Market Analysis Tools
  3.4.1. Porter’s Analysis
    3.4.1.1. Bargaining power of the suppliers
    3.4.1.2. Bargaining power of the buyers
    3.4.1.3. Threats of substitution
    3.4.1.4. Threats from new entrants
    3.4.1.5. Competitive rivalry
  3.4.2. PESTEL Analysis
    3.4.2.1. Political landscape
    3.4.2.2. Economic and Social landscape
    3.4.2.3. Technological landscape
    3.4.2.4. Environmental landscape
    3.4.2.5. Legal landscape

CHAPTER 4. OPEN MRI SYSTEMS MARKET: FIELD STRENGTH ESTIMATES & TREND ANALYSIS

4.1. Segment Dashboard
4.2. Open MRI Systems Market: Field Strength Movement Analysis, USD Million, 2023 & 2030
4.3. Low-Field
  4.3.1. Low-Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Mid-Field
  4.4.1. Mid-Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. High-Field
  4.5.1. High-Field Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 5. OPEN MRI SYSTEMS MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

5.1. Segment Dashboard
5.2. Open MRI Systems Market: Application Movement Analysis, USD Million, 2023 & 2030
5.3. Obstructive Sleep Apnea
  5.3.1. Obstructive Sleep Apnea Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Brain & Neurological
  5.4.1. Brain & Neurological Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Spine & Musculoskeletal
  5.5.1. Spine & Musculoskeletal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Vascular
  5.6.1. Vascular Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.7. Abdominal
  5.7.1. Abdominal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.8. Cardiac
  5.8.1. Cardiac Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.9. Breast
  5.9.1. Breast Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.10. Others
  5.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 6. OPEN MRI SYSTEMS MARKET: END USE ESTIMATES & TREND ANALYSIS

6.1. Segment Dashboard
6.2. Open MRI Systems Market: End Use Movement Analysis, USD Million, 2023 & 2030
6.3. Hospitals
  6.3.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Imaging Centers
  6.4.1. Imaging Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Ambulatory Surgical Centers
  6.5.1. Ambulatory Surgical Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Others
  6.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 7. OPEN MRI SYSTEMS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Open MRI Systems Market Share, By Region, 2023 & 2030, USD Million
7.2. North America
  7.2.1. North America Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.2.2. U.S.
    7.2.2.1. U.S. Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.2.3. Canada
    7.2.3.1. Canada Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.2.4. Mexico
    7.2.4.1. Mexico Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
  7.3.1. Europe Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.3.2. UK
    7.3.2.1. UK Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.3.3. Germany
    7.3.3.1. Germany Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.3.4. France
    7.3.4.1. France Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.3.5. Italy
    7.3.5.1. Italy Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.3.6. Spain
    7.3.6.1. Spain Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.3.7. Denmark
    7.3.7.1. Denmark Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.3.8. Sweden
    7.3.8.1. Sweden Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.3.9. Norway
    7.3.9.1. Norway Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
  7.4.1. Asia Pacific Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.4.2. Japan
    7.4.2.1. Japan Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.4.3. China
    7.4.3.1. China Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.4.4. India
    7.4.4.1. India Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.4.5. Australia
    7.4.5.1. Australia Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.4.6. South Korea
    7.4.6.1. South Korea Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.4.7. Thailand
    7.4.7.1. Thailand Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
  7.5.1. Latin America Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.5.2. Brazil
    7.5.2.1. Brazil Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.5.3. Argentina
    7.5.3.1. Argentina Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
  7.6.1. Middle East and Africa Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.6.2. South Africa
    7.6.2.1. South Africa Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.6.3. Saudi Arabia
    7.6.3.1. Saudi Arabia Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.6.4. UAE
    7.6.4.1. UAE Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  7.6.5. Kuwait
    7.6.5.1. Kuwait Open MRI Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)

CHAPTER 8. COMPETITIVE LANDSCAPE

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
  8.4.1. GE Healthcare
    8.4.1.1. Participant’s Overview
    8.4.1.2. Financial Performance
    8.4.1.3. Product Benchmarking
    8.4.1.4. Recent Developments/ Strategic Initiatives
  8.4.2. Siemens Healthineers AG
    8.4.2.1. Participant’s Overview
    8.4.2.2. Financial Performance
    8.4.2.3. Product Benchmarking
    8.4.2.4. Recent Developments/ Strategic Initiatives
  8.4.3. Koninklijke Philips N.V.
    8.4.3.1. Participant’s Overview
    8.4.3.2. Financial Performance
    8.4.3.3. Product Benchmarking
    8.4.3.4. Recent Developments/ Strategic Initiatives
  8.4.4. Hitachi, Ltd.
    8.4.4.1. Participant’s Overview
    8.4.4.2. Financial Performance
    8.4.4.3. Product Benchmarking
    8.4.4.4. Recent Developments/ Strategic Initiatives
  8.4.5. CANON MEDICAL SYSTEMS CORPORATION
    8.4.5.1. Participant’s Overview
    8.4.5.2. Financial Performance
    8.4.5.3. Product Benchmarking
    8.4.5.4. Recent Developments/ Strategic Initiatives
  8.4.6. Esaote SPA
    8.4.6.1. Participant’s Overview
    8.4.6.2. Financial Performance
    8.4.6.3. Product Benchmarking
    8.4.6.4. Recent Developments/ Strategic Initiatives
  8.4.7. FUJIFILM Holdings Corporation
    8.4.7.1. Participant’s Overview
    8.4.7.2. Financial Performance
    8.4.7.3. Product Benchmarking
    8.4.7.4. Recent Developments/ Strategic Initiatives
  8.4.8. Neusoft Corporation
    8.4.8.1. Participant’s Overview
    8.4.8.2. Financial Performance
    8.4.8.3. Product Benchmarking
    8.4.8.4. Recent Developments/ Strategic Initiatives
  8.4.9. Alltech Medical Systems
    8.4.9.1. Participant’s Overview
    8.4.9.2. Financial Performance
    8.4.9.3. Product Benchmarking
    8.4.9.4. Recent Developments/ Strategic Initiatives
  8.4.10. Shenzhen Anke High-tech Co., Ltd.
    8.4.10.1. Participant’s Overview
    8.4.10.2. Financial Performance
    8.4.10.3. Product Benchmarking
    8.4.10.4. Recent Developments/ Strategic


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