Global caprylyl glycol market is anticipated to grow at a considerable CAGR of 9.5% during the forecast period (2024-2031). A major factor supporting the growth of the market is its widespread use in various industries, particularly in the cosmetics and personal care sector. Caprylyl glycol serves as a versatile ingredient due to its multifunctional properties, including its efficacy as a moisturizer, emollient, and antimicrobial agent. As the demand for skincare, haircare, and other personal care products continues to rise globally, the need for ingredients like caprylyl glycol increases correspondingly.

For instance, in April 2022, Symrise, a prominent manufacturer of ingredients for food and personal care products, unveiled a new plant-derived variant of caprylyl glycol, recognized as 1,2-octanediol. This multifunctional ingredient, renowned for its moisturizing and antimicrobial properties and widely utilized in personal care formulations, traditionally originates from petrochemical production methods.

In November 2020, Chemipol unveiled its latest product innovation, SENSICARE C 2060, boasting antimicrobial features tailored to safeguard cosmetic formulations. This strategic introduction is geared towards enhancing the company's product lineup to meet the escalating requirements within the realm of cosmetic formulations.

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Market Coverage

•                 The market number available for – 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

•                 By Type

•                 By Application

Regions Covered-

•                 North America

•                 Europe

•                 Asia-Pacific

•                 Rest of the World

Competitive Landscape- includes BASF SE, Evonik Industries AG, DuPont de Nemours, Inc., Symrise AG, and Clariant AG among others.

Caprylyl Glycol Market Report Segment

By Type

•                 Cosmetic Grade

•                 Industrial Grade

By Application

•                 Cosmetics

•                 Chemical Production

A full Report of Caprylyl Glycol Market is Available @  https://www.omrglobal.com/industry-reports/caprylyl-glycol-market

Caprylyl Glycol Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•                 Archer-Daniels-Midland Co.

•                 Ashland Inc.

•                 Clariant AG

•                 Huntsman Corp. (Huntsman International LLC) 

•                 Inolex, Inc.

•                 Lonza Group Ltd.

•                 Lotioncrafter

•                 LyondellBasell Industries Holdings B.V.

•                 Symrise AG

•                 Temix oleosrl

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