What Fueled The Previous Growth In The Caprylyl Glycol Market?
The caprylyl glycol market has seen considerable growth due to a variety of factors.
• The market size of caprylyl glycol has seen considerable growth in recent times. It is set to rise from $1.59 billion in 2024 to $1.71 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%.
This growth during the historical period is credited to the increasing demand for skincare products, a surge in the need for organic cosmetics, a growing requirement for natural preservatives, demand from end-user sectors, and the expansion of the beauty and personal care industry.
How Does the Forecast Look for the Caprylyl Glycol Market?
The caprylyl glycol market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size of caprylyl glycol is anticipated to experience robust growth, projecting a value of $2.17 billion in 2029 with an impressive compound annual growth rate (CAGR) of 6.2%.
The surge during the forecast period is related to factors such as the growing trend of natural cosmetics, heightened product safety consciousness, the increasing appeal of clean beauty, as well as the advantages brought about by the application of caprylyl glycol in various fields and a rising demand for skincare treatments. Some major predicted trends during this period include expansion into developing nations, enhanced production capacity, technological improvements in the caprylyl glycol field, innovative formulations, and a stronger emphasis on ethical and sustainable sourcing processes.
What Are The Leading Drivers Of Growth In The Caprylyl Glycol Market?
The caprylyl glycol market is predicted to expand due to the increasing consumer preference for natural and organic cosmetics. These cosmetic products, using natural ingredients and free from artificial chemicals, preservatives, and genetically modified organisms (GMOs), are gaining popularity as consumers opt for cleaner, sustainable, and eco-friendly products. Caprylyl glycol, derived from renewable sources such as coconut oil, is used in these products because of its various benefits, including its moisturizing property and its ability to preserve the product. Data from the annual organic beauty and wellbeing report by the Soil Association, a UK charity organization, in March 2022, revealed that in 2021, the sales of soil-certified organic and natural beauty and wellbeing products in the UK increased by 15%, achieving roughly $170 million. Hence, the escalating demand for natural and organic cosmetics is stimulating the growth of the caprylyl glycol market.
How Are The Segments Defined Within The Global Caprylyl Glycol Market?
The caprylyl glycol market covered in this report is segmented –
1) By Type: Cosmetic Grade, Industrial Grade
2) By Application: Haircare Products, Skincare Products, Toiletries, Makeup And Color Cosmetics, Other Applications
3) By End-Use: Pharmaceuticals, Cosmetics And Personal Care, Industrial
Subsegments:
1) By Cosmetic Grade: Skin Care Products, Hair Care Products, Personal Care And Toiletries, Makeup Products, Sun Care Products, Anti-Aging And Wrinkle Treatment Products
2) By Industrial Grade: Antimicrobial And Preservative Applications, Lubricants And Metalworking Fluids, Paints And Coatings, Household And Industrial Cleaning Products, Adhesives And Sealants, Textile And Leather Processing
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What New Trends Are Influencing The Caprylyl Glycol Market?
Leading companies in the caprylyl glycol market are creating novel compositions, such as bio-based glycol, to elevate the natural origin index of personal care items. Bio-based glycol signifies a type of alcohol obtained from renewable biological elements rather than conventional fossil fuels. For example, in April 2022, Symrise AG, a chemical corporation based in Germany, introduced Hydrolite 8 Green, a completely bio-based caprylyl glycol procured from palm kernel oil, providing equal features to its synthetic version while also being sustainable. This component functions as a moisturizer, enhances sensory profiles, operates as a wetting agent, and boosts product protection in cosmetic formulations. It symbolizes a green alternative for formulators in search of high-performing multifunctional components with environmentally friendly attributes.
Who Are the Key Players In The Caprylyl Glycol Market?
Major companies operating in the caprylyl glycol market are:
• Archer Daniels Midland Company
• BASF SE
• Dow Inc.
• LyondellBasell Industries N.V.
• Merck KGaA
• Evonik Industries AG
• DuPont de Nemours Inc.
• Huntsman Corporation
• Avantor
• Lonza Group AG
• Lubrizol Corporation
• Clariant AG
• Symrise AG
• Croda International Plc
• Ashland Global Holdings Inc.
• Innospec Inc.
• Galaxy Surfactants Ltd.
• Thor Specialties
• Schulke & Mayr GmbH
• Spectrum Chemical Manufacturing Corp.
• Colonial Chemical Inc.
• Hallstar Company
• INOLEX Inc.
• Floratech
• Tri-K Industries Inc.
• Lotioncrafter LLC
• The Good Scents Company
• Pilot Chemical Company
What Is The Most Dominant Region In The Caprylyl Glycol Market?
North America was the largest region in the caprylyl glycol market in 2024. The regions covered in the caprylyl glycol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
