AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Undecylenic Acid market - Global outlook to 2024". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Undecylenic Acid market.
The Form Type, such as Liquid, is boosting the Undecylenic Acid market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to AMA research team, the Global Undecylenic Acid market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Growing Consumer Awareness and Health Consciousness and Increasing Disposable Income Coupled With Increase in the Rich Middle-Class Population. †
Undecylenic acid, also known as 10- undecanoic acid, which comes in the category of unsaturated fatty acid and helps in preventing the growth of fungus. It is prepared by pyrolysis of ricinoleic acid, which is derived from castor oil and is majorly found in medicines which are used to treat skin fungal infections such as athlete's foot and jock itch. Undecylenic Acid is also found in personal hygiene products, cosmetics, and perfumes. Increasing demand antifungal drugs market and cosmetics & personal care industries are driving the market for Undecylenic acid.
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 Undecylenic Acid market by Type (Natural, Synthesis and Others), by Application (Lubricants, Biodiesel and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market