Caprylic Acid Market Report 2020: Analysis of Global Demand and Supply 2028 with Major Key Player: Evergreen Oleochemicals, KLK Oleo, Oleon, Wilmar International Vantage Oleochemicals
Caprylic acid is a type of saturated fatty acid that has different properties, including antibacterial, antiviral, antifungal and anti-inflammatory properties. It is present in products from foods such as coconut and coconut oil, cow’s milk and human breast milk.
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Rising environmental issues and growing policy support for the use of industrial applications of naturally derived products are likely to drive demand. In addition, R&D is expected to drive the demand over the forecast period in relation to the use of potential and low cost raw material for caprylic acid production.
Increasing use of caprylic acid in the treatment of yeast infections is expected to propel demand over the forecast period due to its anti-microbialand anti-fungal properties. In addition, growing use of the drug is also expected to boost the demand for the treatment of Crohn’s disease, bladder infections, and gingivitis.
The Caprylic acid market by application (personal care, pharmaceutical, food and beverages, others). Pharmaceutical recorded the largest market share of the share of the general volume in 2019. The through use of caprylic acid due to its anti-microbialand anti-fungal properties in the treatment of yeast infections is expected to propel demand over the forecast period.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Evergreen Oleochemicals
2. KLK Oleo
3. Oleon
4. Wilmar International Vantage Oleochemicals
5. and Pacific Oleochemicals Sdn Bhd.
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Market Segmentation:
By Application
• Personal Care
• Pharmaceutical
• Food and Beverages
• Others
By Region:
North America
• By Country (US, Canada, Mexico)
• By Application
Western Europe
• By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
• By Application
Eastern Europe
• By Country (Russia, Turkey, Rest of Eastern Europe)
• By Application
Asia Pacific
• By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
• By Application
Middle East
• By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
• By Application
Rest of the World
• By Region (South America, Africa)
• By Application
Reasons to Buy This Report:
• Market size estimation of the Caprylic Acid market on a regional and global basis
• Unique research Usage for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country