Methyl Undecylenate Market To Record Ascending Growth By 2021 – 2031

In 2020, the overall sales of the methyl undecylenate witnessed a massive decline due to the Covid-19 crisis as lockdown was implemented and all the factorial units were closed which led the manufacturing companies to face immense losses. Now in 2021, the global manufacturers are giving entire focus on improving their sales and profitability through product innovations and upgrades.

Leading corporations including Acme Synthetic Chemicals, Parchem fine & specialty chemicals, Penta Manufacturing Company, Vigon International, Intellichemie Industries LLP, Total Petrochemicals & Refining USA Inc, Arkema Group, TCI Chemicals, Hokoku Corporation and others are making high investments in the establishment of research institutes in different regions to come up with improvements in their offerings. They are adopting business strategies such as sales contracts, strategic alliances, acquiring technical expertise, product approvals, patents and events, joint ventures, partnership agreements, collaborations, digital marketing, mergers and acquisitions, capacity utilisations, technological advancements etc to lead the global market for methyl undecylenate with largest market share.

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Methyl Undecylenate Market: Key Participants

Examples of some of the market participants operating in the global methyl undecylenate market are:

  • Acme Synthetic Chemicals
  • Parchem fine & specialty chemicals
  • Penta Manufacturing Company
  • Vigon International
  • Intellichemie Industries LLP
  • Total Petrochemicals & Refining USA, Inc
  • Arkema Group
  • TCI Chemicals
  • Hokoku Corporation
  • JAYANT AGRO-ORGANICS LIMITED
  • ITOH Oil Chemicals Co. Ltd.

Methyl Undecylenate Market: Segmentation

On the basis of application, the global methyl undecylenate market can be categorized as:

  • Flavors & Fragrances
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Plastics
  • Metal Working Fluids & Lubricants

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Methyl Undecylenate Market: Hospital Scent Machines Bring About a Tectonic Shift

The healthcare industry is poised to undergo some robust innovation with methyl undecylenate being used as an effective hospital grade air freshener in specially designed scent machines. Methyl undecylenate has very effective anti-odor properties that are perfect for emergency rooms, wash rooms and waiting rooms. The lavender fragrances emanating from these machines is said to significantly reduce anxiety in worried patients. This is likely to have a positive impact on hospitals and boost the growth of methyl undecylenate market.

Methyl undecylenate has many applications which are spurring its demand in the market. For instance, it is used as a chemical intermediate for organo-modified silicones in hair care and sun care products. Similarly, it is also used in the synthesis of aromatic organic compounds because of its anti0odour properties. Such versatile uses are spurring the demand for methyl undecylenate in the cosmetic industry.

Methyl Undecylenate Market: Introduction

Methyl undecylenate is also identified as undecylenic acid methyl ester, methyl 10-undecenoate, and methyl ester of undecylenic acid, and is classified under CAS number 111-81-9. Methyl undecylenate is used in metal working fluids and lubricants. Methyl undecylenate is produced by fractional distillation of the product obtained by the pyrolysis of methyl ricinoleate at a high temperature.

Methyl undecylenate is used as a chemical intermediate in the plastic and chemical industry, such as a perfume chemical and aromatic chemical. Methyl undecylenate is frequently used in perfume and flavor compositions. It is compliant with the raw materials standard that can be used in the formulation of cosmetics. It is used as a chemical intermediate for the synthesis of organo-modified silicones for sun care products and hair care preparations.

Methyl Undecylenate Market: Market Dynamics

The growth of the pharmaceuticals and personal care industries is set to pave the way for the growth of the methyl undecylenate market in the near future. Increasing disposable income coupled with an increase in the affluent middle-class population is expected to augment the demand for methyl undecylenate in cosmetic and personal care applications.

The growing demand for perfume across the globe is set to propel the growth of the methyl undecylenate market. Increasing per capita consumer spending, rising living standards, and changing lifestyles are expected to contribute to the growth of the methyl undecylenate market. Further, macroeconomic factors such as rapid population growth coupled with a rise in the affluent middle-class across the globe, particularly in developing countries such as India, China, Indonesia, the Philippines, and others is expected to create lucrative growth opportunities for the long-term growth of the methyl undecylenate market.

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Methyl Undecylenate Market: Regional Outlook

The global methyl undecylenate market, by region, is segmented into North America, Latin America, Western Europe, Eastern Europe, China, South East Asia & Pacific (SEAPAC), Japan, and MEA. Asia Pacific is expected to be the dominating region in the methyl undecylenate market.

The report covers an exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
  • CIS and Russia
  • Asia Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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