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 ...