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Global Capric Acid Market for Artificial Fruit Flavors and Perfumes, Pharmaceuticals and Chemical Syntheses (Lubricants, Greases, Rubber, Dyes, Plastics, etc.) 2014 - 2020

Published: Sep-2015 | Format: PDF | Zion | Number of pages: 61 | Code: MRS - 34817


The report covers forecast and analysis for the Capric Acid market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on both volumes (Tons) and revenue (USD million). The study includes drivers and restraints for the Capric Acid market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Capric Acid market on a global level.

In order to give the users of this report a comprehensive view on the amines market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the amines market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the amines market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of the World (RoW). This segmentation includes demand for individual applications in all the regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Chemical Associates Inc., Oleocomm International Ltd., Acidchem International Sdn. Bhd, Bcogreen Oleochemicals (Singapore) Pte Ltd, Henan Eastar Chemicals Co., Ltd., Chemceed, etc.

Global Capric Acid Market: Application Segment Analysis
•    Artificial fruit flavors and perfumes
•    Pharmaceuticals
•    Chemical syntheses (Lubricants, greases, rubber, dyes, plastics, etc.)

Global Capric Acid Market: Regional Segment Analysis
•    North America
•    Europe
•    Asia Pacific
•    Latin America
•    Rest of the World

Chapter 1 Preface

  • 1.1 Report description and scope
  • 1.2 Research scope
  • 1.3 Research methodology
    • 1.3.1 Market research process
    • 1.3.2 Market research methodology

Chapter 2 Executive Summary

  • 2.1 Global Capric Acid Volume and Revenue, 2014 - 2020 (Tons) (USD Million)
  • 2.2 Global Capric Acid Market: Snapshot

Chapter 3 Capric Acid Market – Global Industry Analysis

  • 3.1 Introduction
  • 3.2 Market Drivers
    • 3.2.1 Drivers for Global Capric Acid Market: Impact Analysis
    • 3.2.2 Strong demand from food flavors and perfume market
      • 3.2.2.1 Global Food Flavors Market, 2014 - 2020 (USD Million)
      • 3.2.2.2 Global Perfume Market, 2014 - 2020 (USD Billion)
    • 3.2.3 Increase in demand from pharmaceutical industry
      • 3.2.3.1 Global Pharmaceutical Market Revenue, 2014 - 2020 (USD Billion)
    • 3.3 Market Restraints
      • 3.3.1 Restraints for Global Capric Acid Market: Impact Analysis
      • 3.3.2 Inconsistent availability of raw materials and price fluctuations
  • 3.4 Opportunity
    • 3.4.1 Strong demand in Asia Pacific
  • 3.5 Porter’s Five Forces Analysis
  • 3.6 Market Attractiveness Analysis
    • 3.6.1 Market Attractiveness Analysis by Application Segment
    • 3.6.2 Market Attractiveness Analysis by Regional Segment
  • 3.7 Environmental Fate/Exposure Summary

Chapter 4 Capric Acid: Raw Material and Price Trend Analysis

  • 4.1 Raw Material Analysis
    • 4.1.1 Coconut oil
    • 4.1.2 Palm Oil
      • 4.1.2.1 Palm oil Monthly Price - US Dollars per Metric Ton, 2010 - 2015
  • 4.2 Price Trend analysis
      • 4.2.1 Global Capric Acid Market Price Trend, 2005 and 2015

Chapter 5 Global Capric Acid Market – Application Segment Analysis

  • 5.1 Global Capric Acid Market: Application Overview
    • 5.1.1 Global Capric Acid Market Volume Share by application, 2014 and 2020
  • 5.2 Artificial fruit flavors and perfumes
    • 5.2.1 Global Capric Acid Market for Artificial Fruit Flavors and Perfumes, 2014 – 2020 (Tons) (USD Million)
  • 5.3 Pharmaceuticals
    • 5.3.1 Global Capric Acid Market for Pharmaceuticals, 2014 – 2020 (Tons) (USD Million)
  • 5.4 Chemical syntheses (Lubricants, greases, rubber, dyes, plastics, etc.)
    • 5.4.1 Global Capric Acid Market for Chemical Synthesis, 2014 – 2020 (Tons) (USD Million)

Chapter 6 Global Capric Acid Market – Regional Segment Analysis

  • 6.1 Global Capric Acid Market: Regional Overview
    • 6.1.1 Global Capric Acid Market Volume Share by region, 2014 and 2020
  • 6.2 North America
    • 6.2.1 North America Capric Acid Market Volume by Country, 2014 – 2020 (Tons)
    • 6.2.2 North America Capric Acid Market Revenue by Country, 2014 – 2020 (USD Million)
  • 6.3 Europe
    • 6.3.1 Europe Capric Acid Market Volume by Country, 2014 – 2020 (Tons)
    • 6.3.2 Europe Capric Acid Market Revenue by Country, 2014 – 2020 (USD Million)
  • 6.4 Asia Pacific
    • 6.4.1 Asia Pacific Capric Acid Market Volume by Country, 2014 – 2020 (Tons)
    • 6.4.2 Asia Pacific Capric Acid Market Revenue by Country, 2014 – 2020 (USD Million)
  • 6.5 Latin America
    • 6.5.1 Latin America Capric Acid Market by Volume, 2014 – 2020 (Tons)
    • 6.5.2 Latin America Capric Acid Market Revenue by Country, 2014 – 2020 (USD Million)
  • 6.6 Rest of the world
    • 6.6.1 Rest of the World Capric Acid Market Volume by Region, 2014 – 2020 (Tons)
    • 6.6.2 Rest of the World Capric Acid Market Revenue by Region, 2014 – 2020 (USD Million)

Chapter 7 Company Profile

  • 7.1 Chemical Associates Inc.
    • 7.1.1 Overview
    • 7.1.2 Product Portfolio
    • 7.1.3 Business Strategy
    • 7.1.4 Recent Developments
  • 7.2 Oleocomm International Ltd.
    • 7.2.1 Overview
    • 7.2.2 Product Portfolio
  • 7.3 ACIDCHEM INTERNATIONAL SDN. BHD
    • 7.3.1 Overview
    • 7.3.2 Product Portfolio
    • 7.3.3 Business Strategy
  • 7.4 Chemceed
    • 7.4.1 Overview
    • 7.4.2 Product Portfolio
  • 7.5 Ecogreen Oleochemicals (Singapore) Pte Ltd.
    • 7.5.1 Overview
    • 7.5.2 Product Portfolio
  • 7.6 Henan Eastar Chemicals Co., Ltd
    • 7.6.1 Overview
    • 7.6.2 Product Portfolio

List of Tables

TABLE 1 Market Snapshot
TABLE 2 Drivers For Global Capric Acid Market: Impact Analysis
TABLE 3 Restraints For Global Capric Acid Market: Impact Analysis
TABLE 4 Palm oil Monthly Price - US Dollars per Metric Ton, 2010 - 2015
TABLE 5 North America Capric Acid Market Volume by Country, 2014 – 2020 (Tons)
TABLE 6 North America Capric Acid Market Revenue by Country, 2014 – 2020 (USD Million)
TABLE 7 Europe Capric Acid Market Volume by Country, 2014 – 2020 (Tons)
TABLE 8 Europe Capric Acid Market Revenue by Country, 2014 – 2020 (USD Million)
TABLE 9 Asia Pacific Capric Acid Market Volume by Country, 2014 – 2020 (Tons)
TABLE 10 Asia Pacific Capric Acid Market Revenue by Country, 2014 – 2020 (USD Million)
TABLE 11 Latin America Capric Acid Market by Volume, 2014 – 2020 (Tons)
TABLE 12 Latin America Capric Acid Market Revenue by Country, 2014 – 2020 (USD Million)
TABLE 13 Rest of the World Capric Acid Market Volume by Region, 2014 – 2020 (Tons)
TABLE 14 Rest of the World Capric Acid Market Revenue by Region, 2014 – 2020 (USD Million)


List of Figures

FIG. 1 Market Research Process
FIG. 2 Market Research Methodology
FIG. 3 Global Capric Acid Market Volume and Revenue, 2014 - 2020 (Tons) (USD Million)
FIG. 4 Global Food Flavors Market, 2014 - 2020 (USD Million)
FIG. 5 Global Perfume Market, 2014 - 2020 (USD Billion
FIG. 6 Global Pharmaceutical Market Revenue, 2014 - 2020 (USD Billion
FIG. 7 Porter’s five forces analysis
FIG. 8 Market Attractiveness Analysis by Application Segment
FIG. 9 Market Attractiveness Analysis by Regional Segment
FIG. 10 Global Capric Acid Market Price Trend, 2005 and 2015
FIG. 11 Global Capric Acid Market Volume Share by application, 2014 and 2020
FIG. 12 Global Capric Acid Market for Artificial Fruit Flavors and Perfumes, 2014 – 2020 (Tons) (USD Million
FIG. 13 Global Capric Acid Market for Pharmaceuticals, 2014 – 2020 (Tons) (USD Million) 40
FIG. 14 Global Capric Acid Market for Chemical Synthesis, 2014 – 2020 (Tons) (USD Million
FIG. 15 Global Capric Acid Market Volume Share by region, 2014 and 2020

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Zion Research uses the synergy of combination of both primary research and secondary research for its research reports. For this study, we have conducted extensive primary research, wherein we have conducted in-depth interviews of the key opinion leader of this industry. Primary research make up for the biggest chunk of our data sources in addition to secondary research.

We referred to product literature of leading industry participants, annual reports, press releases, government publications, and other relevant sources for data collection and analysis thereof. Secondary research also includes a search of recent trade journals, technical writing, internet sources, and statistical data from government websites, trade associations and agencies.  

Zion Research has collected key data related to the Capric Acid Market and analyzed these data using a variety of methods. The market dynamics have been ascertained following a detailed study of the micro, meso, and macroeconomic indicators of the market.

This report is based on in-depth qualitative and quantitative analyses of the Global Capric Acid Market.The quantitative analysis involved the application of various projection and sampling techniques. The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions.

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically partake in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals


Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Based on the research results and technical insights thus gathered, Zion research analysts have provided a comprehensive analysis of the varied aspects of the market. The impact of global economic conditions and other macroeconomic indicators was also considered when assessing the market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Capric acid occurs naturally in coconut oil (about 10%) and palm kernel oil (about 4%); otherwise it is uncommon in typical seed oils. It is found in the milk of various mammals and to a lesser extent in other animal fats. Capric acid has strong antiviral and antimicrobial properties. Capric acid is converted into monocaprin in the body, where it can help combat viruses, bacteria and the yeast Candida albicans.

Capric acid is used in the manufacture of perfumes, lubricants, greases, rubber, dyes, plastics, artificial flavorings in food, and pharmaceuticals. Capric acid is also used as an intermediate in chemical syntheses. The natural antimicrobial properties of capric acid are useful as a sanitizer for food contact surfaces and equipment. Capric acid market was chemical synthesis applications followed by artificial flavors and perfumes market in 2014. Pharmaceuticals also accounted significant share of capric acid demand in 2014.

Capric Acid Market

The demand for capric acid is mainly driven by artificial flavors and perfumes and pharmaceuticals market. Artificial flavors and perfumes accounted for around 25% share of the total volume consumed in 2014. Growing demand for flavors, perfumes and pharmaceuticals across the world has been resulted into increasing demand for capric acid. However, inconsistency in availability of raw materials is expected to present significant challenge to growth of capric acid industry.

Continuous availability of feedstock is a concern which remains at the top of the mind of companies operating in bio-based chemicals. Historically, about 12% to 14% of the world’s vegetable oil production has been used for bio-based chemicals production. The emerging applications discussed above would require an additional volume of vegetable oil by 2020.

Asia Pacific was a dominant regional market with around one third share of the total the market. Also it is expected to exhibit fastest growth rate. Strong growth prospects of end application markets such as flavors, perfumes, pharmaceuticals, and chemicals synthesis industry in the region expected to fuel demand for capric acid.

Capric acid market is still in its nascent stage. Global production capacity was over 60 kilo tons per annum in 2014. Most of the manufacturing companies are concentrated in the China and South-East Asian countries such as Malaysia, Singapore, etc. Some of the leading manufacturers and suppliers of the capric acid includes Chemical Associates Inc., Oleocomm International Ltd., Acidchem International Sdn. Bhd, Bcogreen Oleochemicals (Singapore) Pte Ltd, Henan Eastar Chemicals Co. Ltd, and Chemceed. Companies are mainly focused on capacity expansion owing to increasing demand for capric acid.


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