Global 9-Decanoic Acid Methyl Ester Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Natural 9-Decanoic Acid Methyl Ester and Synthetic 9-Decanoic Acid Methyl Ester.

By Application;

Personal Care, Pharmaceuticals, and Flavors & Fragnances.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn151302926 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global 9-Decanoic Acid Methyl Ester Market (USD Million), 2021 - 2031

In the year 2024, the Global 9-Decanoic Acid Methyl Ester Market was valued at USD 226.60 million. The size of this market is expected to increase to USD 329.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

The Global 9-Decanoic Acid Methyl Ester Market is experiencing significant growth, driven by its versatile applications across various industries. 9-Decanoic acid methyl ester, a medium-chain fatty acid methyl ester, is prominently used as a key intermediate in the production of various chemicals, including lubricants, plasticizers, and surfactants. The compound's biodegradable nature and low toxicity make it an attractive alternative to traditional petrochemical-based products, aligning with the increasing global emphasis on sustainability and environmental responsibility. The rising demand for bio-based chemicals is a crucial factor propelling the market forward.

In recent years, the market has witnessed substantial investments in research and development, aimed at enhancing the efficiency and cost-effectiveness of 9-decanoic acid methyl ester production. Innovations in catalytic processes and advancements in feedstock selection have contributed to the expansion of production capacities, ensuring a steady supply to meet the growing demand. Furthermore, the increasing application of 9-decanoic acid methyl ester in the pharmaceutical and cosmetic industries, owing to its emulsifying and solubilizing properties, has broadened its market scope. This trend is expected to continue as manufacturers seek to diversify their product portfolios and tap into emerging market opportunities.

Geographically, the Asia-Pacific region holds a dominant position in the global 9-decanoic acid methyl ester market, attributed to the robust industrial growth and expanding chemical manufacturing sector in countries such as China and India. North America and Europe are also significant markets, driven by stringent regulatory frameworks promoting the use of eco-friendly chemicals and the presence of well-established end-use industries. As consumer awareness regarding the benefits of bio-based products continues to rise, the global 9-decanoic acid methyl ester market is poised for sustained growth, supported by favorable government policies and an increasing shift towards green chemistry solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global 9-Decanoic Acid Methyl Ester Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Sustainability Trends
        2. Growing Personal Care Demand
        3. Pharmaceutical Applications Expansion
      2. Restraints
        1. High Production Costs
        2. Raw Material Price Volatility
        3. Regulatory Challenges
      3. Opportunities
        1. Emerging Markets Growth
        2. Innovation in Product Formulations
        3. Increased Demand for Bio-Based Chemicals
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global 9-Decanoic Acid Methyl Ester Market, By Type, 2021 - 2031 (USD Million)
      1. Natural 9-Decanoic Acid Methyl Ester
      2. Synthetic 9-Decanoic Acid Methyl Ester
    2. Global 9-Decanoic Acid Methyl Ester Market, By Application, 2021 - 2031 (USD Million)
      1. Personal Care
      2. Pharmaceuticals
      3. Flavors and Fragnances
    3. Global 9-Decanoic Acid Methyl Ester Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Cargill, Incorporated
      3. Oleon N.V.
      4. Elevance Renewable Sciences, Inc.
      5. Stepan Company
      6. SABIC (Saudi Basic Industries Corporation)
      7. Dow Chemical Company
      8. Kraton Corporation
      9. Clariant AG
      10. Empirical Chemical Company
  7. Analyst Views
  8. Future Outlook of the Market