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9-Decanoic Acid Methyl Ester Market by Key Players, Growth, Regions and Forecast to 2025

Rising awareness regarding the use of green chemicals coupled with rapidly growing demand for esters in flavors & fragrances industry is likely to boost 9-decanoic acid methyl ester consumption in upcoming years. The increasing number of biorefineries to fulfill ever rising biodiesel and other bio-chemicals’ demand is expected to trigger its production over the forecast period.

The Global 9-Decanoic Acid Methyl Ester Market is expected to reach USD 240.0 million by 2025, according to a new report by Grand View Research, Inc.


The price for decanoic acid methyl esters is higher than its synthetic counterparts owing to the involvement of specialized processes such as metathesis, which require costly catalysts. Further, these processes are time and energy consuming which in turn leads to high production cost, thus pushing the overall price of product upwards.

The flavors & fragrances application segment is predicted to gain traction over the forecast period. The ability of esters to impart fruity flavors is a key factor for their increasing demand in flavors and fragrances industry. The segment is likely to grow an estimated CAGR of 5.0% from 2016 to 2025.

Asia Pacific is expected to be a key regional market over the forecast period owing to the high demand for flavors & fragrances. Asia Pacific has witnessed slightly lower prices on account of ample raw material availability.

To Know More About 9-Decanoic Acid Methyl Ester Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/9-decanoic-acid-methyl-ester-market 

The introduction of biofuels directive and favorable regulations for bio-based products is expected to positively impact the 9-DAME market in Europe, making it the second largest regional market.

Top Players of 9-Decanoic Acid Methyl Ester Market:

Companies such as Elevance Renewable Sciences, P&G Chemicals, TCI (Shanghai) Development Co., Ltd have established themselves as manufacturers and suppliers in the industry.

Market Segmentation of 9-Decanoic Acid Methyl Ester Market:

The Global 9-Decanoic Acid Methyl Ester Market segmented on the basis of Application and Region.

By Application:

Flavors & Fragrances
Pharmaceuticals

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Central and South America

Inquire about 9-Decanoic Acid Methyl Ester Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3196 
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