"An examination published by Toxicology and Applied Pharmacology in 1966 demonstrated Myristyl Alcohol to be a cancer-causing agent and cause skin tumors in numerous tests, however just in high dosages given to creatures, essentially mice. It's likewise been demonstrated to be an aggravation in creatures. Studies distributed in Contact Dermatitis in April and November of 2006, both done in Europe and both concerning patch testing and corrective hypersensitivities straightforwardly coming about because of Myristyl Alcohol found that it was an aggravation, yet just in patients with exceptionally touchy skin. It is endorsed by the FDA as a food added substance, and by the CIR for use in beautifiers (Cosmetics Database)."
According to the report, Increasing disposable income and marketing strategies is one of the primary growth factors for the market. Rising Consumer Products Manufacturing Industries
is also expected to contribute significantly to the Myristyl Alcohol market growth. Overall, Consumer Products (Blends, Detergents, Ethoxylation, Household Cleaners, Sulfonation, Surfactants)
applications of Myristyl Alcohol, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Form, such as Powder, is boosting the Myristyl Alcohol market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution Channel, such as Online, is boosting the Myristyl Alcohol market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The By Grade, such as Technical Grade, is boosting the Myristyl Alcohol market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Packaging, such as Drums, is boosting the Myristyl Alcohol market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Myristyl Alcohol market identified that the demand is rising in many different parts of the world as "The Growing use of consumers of personal care products further leads to an increase in the usage of myristyl alcohol in cosmetics.".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Myristyl Alcohol market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Myristyl Alcohol market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Myristyl Alcohol market size is calculated using market estimation process, the Myristyl Alcohol market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Myristyl Alcohol market size has been validated using both top-down and bottom-up approaches.