A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global 1-Tetradecanol
Market. The
study, titled “1-Tetradecanol
Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2024”,
is available for sale on the firm’s website.
1-Tetradecanol,
also known as myristyl alcohol, is a straight-chain saturated fatty
alcohol. It is a white transparent solid that is virtually insoluble
in water. It is soluble in diethyl ether and marginally soluble in
ethanol. 1-Tetradecanol can be manufactured by the hydrogenation of
myristic acid (or its esters); myristic acid can be found in nutmeg
(from where it gains its name). It is also present in coconut oil and
palm kernel oil. Majority of 1-tetradecanol is produced from these
oils. It may also be produced from petrochemical feedstock via either
the Ziegler process or hydroformylation. As with supplementary fatty
alcohols, 1-tetradecanol is used as a component in cosmetics such as
cold creams for its emollient properties. It is also used as an
intermediate in the chemical fusion of other products such as
surfactants. Other names of 1-Tetradecanol include n-Tetradecan-1-ol;
n-Tetradecanol; n-Tetradecyl alcohol; Alfol 14; Lanette K; Lanette
Wax KS; Loxanol V; myristic alcohol; myristyl alcohol; tetradecyl
alcohol; n-Tetradecanol-1; 1-Hydroxytetradecane; Dytol R-52; dehydag
wax 14; Epal 14; Lanette 14; Lorol C14; Philcohol 1400;
Tetradecanol-1; Tetradecan-1-ol; NSC 8549; and Fatty alcohol (C14).
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Market Research Report @
1-Tetradecanol
is used as an ingredient in cosmetics such as cold creams. It is an
active intermediate in chemical synthesis of sulfated alcohol. It is
also employed in the fabrication of temperature-regulated drug
release system based on phase-change materials. 1-Tetradecanol plays
a vital role in filling the hollow interiors of gold nanocages in the
fabrication of new theranostic systems, which possess unique feature
of photoacoustic imaging.
Demand
for 1-Tetradecanol is anticipated to increase due to the growth in
end-user industries such as cosmetics and surfactants. Additionally,
rise in consumption of edible oils in emerging economies of Asia
Pacific and Latin America is expected to boost the demand for
1-Tetradecanol. However, availability of substitutes and fluctuation
in prices of raw materials may hamper market growth.
Asia
Pacific is projected to be the major market for 1-Tetradecanol,
followed by North America and Europe, in the next few years. China
and India are likely to be the prominent consumers of 1-Tetradecanol
in Asia Pacific due to presence of established end-user industries in
these countries. Republic of Korea, Japan, Vietnam, Malaysia,
Cambodia, Australia, New Zealand, and Sri Lanka are estimated to be
the other major consumers of 1-Tetradecanol in Asia Pacific. The
1-Tetradecanol market in North America and Europe is anticipated to
expand at a moderate pace as compared to that in Asia Pacific due to
market saturation.
Large
and medium chemical and pharmaceutical manufacturing companies
dominate the 1-Tetradecanol market. Key players operating in this
market include Guangzhou Sariya Biotech Co., Ltd. (China), Beijing
Herbal Health Biotech Ltd (China), Jinan Felicity Biotechnology Co.,
Ltd.(China), Brenstem Biosciences (India), Capsulution NanoScience AG
(Germany), Medtronic (Ireland), GB Biosciences Corporation (U.S.),
Leonardo Biosystems Inc (U.S.), RJS Biologics Inc (U.S.), Novosom
Verwaltungs GmbH (Germany), and NanoLab Inc (U.S., Triveni Interchem
Pvt Ltd.(India), Sigma-Aldrich (U.S.), Alfa Aesar (U.S.), and The
Good Scents Company (U.S.).
Companies
are adopting aggressive marketing tactics and merger and acquisition
strategies to expand their market share. They are also shifting their
production facilities to emerging economies of Asia Pacific and Latin
America due to the easy availability of land, cheap labor, and
governmental subsidies in these regions. Additionally, companies are
using export as a tool for geographic expansion in emerging economies
of Middle East & Africa.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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