Docosanol, also known as behenyl alcohol, is a 22-carbon aliphatic alcohol derived either synthetically or from plant sources. Known for its emollient, opacifying, thickening, and emulsifying properties, behenyl alcohol is increasingly used in personal care, cosmetic, and pharmaceutical products. According to a recent report by Fact.MR, the global behenyl alcohol market is projected to reach a revenue of US$ 276.3 million by 2034, with a compound annual growth rate (CAGR) of 4.8% from 2024 to 2034.
In addition to its emollient benefits, behenyl alcohol acts as a hydrating agent and stabilizer in personal hygiene products, such as scrubs and body butters. It thickens products and reduces transparency, giving them a smooth, consistent texture. By helping to replenish moisture in the skin, behenyl alcohol is commonly incorporated into face and body products. Its applications extend to pharmaceuticals, nutritional supplements, and personal hygiene items, all of which drive growth in the global behenyl alcohol market.
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Key Takeaways from Market Study
The global behenyl alcohol market is anticipated to reach a valuation of US$ 172.9 million in 2024, with North America estimated at US$ 28.9 million for the same year. By 2034, East Asia is expected to hold a significant 24.8% share of the global market.
In Japan, behenyl alcohol sales are projected to reach US$ 16.8 million by 2034, while the U.S. market is forecasted to reach US$ 22.6 million in 2024. South Korea’s market is set to grow at an impressive CAGR of 9.3% through 2034. Among applications, behenyl alcohol emulsifiers are projected to represent 29.2% of the market share in 2024.
“Behenyl alcohol is increasingly being utilized in cosmetic and personal care products, such as anti-aging and anti-wrinkle creams, due to its benefits in reducing acne and fine lines on the skin,” notes a Fact.MR analyst.
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The behenyl alcohol market is expected to grow more rapidly in developing countries, driven by rising demand for personal care and cosmetic products due to population growth. The emergence of new distribution channels, especially e-commerce, is further fueling this demand by making these products more accessible.
Behenyl alcohol is increasingly used in the cosmetic and personal care sectors for its skin-softening qualities and ability to enhance the consistency and texture of various formulations. Alongside behenyl alcohol, demand for guerbet alcohol is also increasing due to its exceptional oxidative stability, which makes it a preferred choice in similar applications.
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Competitive Landscape
Key players in the behenyl alcohol market include Godrej Industries Ltd., Sasol Ltd., BASF SE, Sisco Research Laboratories Pvt. Ltd., Kao Corporation, Jarchem Industries Inc., Nikko Chemicals Co. Ltd., KOKYU ALCOHOL KOGYO CO. LTD., Hubei Chushengwei Chemistry, VVF Chemicals Limited, Nippon Surfactant Industries Co. Ltd., Koster Keunen, Jarchem Industries, Guangzhou Jaonron Trading Co. Ltd. (Jaonron Group), NOF Corporation, Croda Sipo (Sichuan), and New Japan Chemical Co. Ltd.
In August 2022, COSRX, a renowned derm skincare company, officially launched the Vitamin E Vitalizing Sunscreen SPF 50+, designed to meet broad-spectrum protection standards. This daily sunscreen, developed in collaboration with experts, is crafted to protect all skin types, including sensitive skin, by combining vitamin E (tocopherol) and behenyl alcohol with chemical-based SPF ingredients.
In May 2022, Cosette Pharmaceuticals and Alembic Pharmaceuticals Limited announced the approval and launch of their National Brand Equivalent (NBE) of Abreva® (Docosanol Cream 10%) in a pump format, marking the first approval of this NBE configuration.
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