Behenyl Alcohol Market

Behenyl Alcohol Market Outlook (2024 to 2034)

The global behenyl alcohol market size has been estimated to reach US$ 172.9 million in 2024 and further expand at a CAGR of 4.8% achieve a valuation of US 276.3 million by the end of 2034.

Behenyl alcohol (docosanol) is a 22-carbon aliphatic alcohol that can be manufactured synthetically or from plant sources. It has the beneficial properties of thickening, opacifying, emollient, and emulsifying. It also serves as a component that hydrates and as a stabilizer in personal care products such as body butter and scrubs.

Behenyl alcohol improves the end product's look and feel by acting as a texture enhancer. It also functions as an opacifier, thickener, and stabilizer, helping to control the product's viscosity. In addition, it functions as an emulsifier and emollient in cosmetics and personal hygiene items. In skin care products, it works by soothing and softening the skin by acting as an emollient. It creates a barrier on the skin's surface after topical application to stop moisture loss and maintain skin hydration. In hair care products, this chemical works as an emollient, which improves the hydration and manageability of the hair.

Key Market Growth Drivers

• One of the primary behenyl alcohol market trends that are driving the market forward is growing consumer preference for natural and organic cosmetic and personal care products.
• Use of behenyl alcohol is increasing in anti-wrinkle and anti-aging creams as it helps prevent acne, decrease the visibility of fine lines, and combat skin discoloration.
• Several product improvements are serving as additional market growth-inducing elements. One example is the creation of hypoallergenic herbal lotions that are safe to use on sensitive skin.
• Behenyl alcohol improves the flexible consistency of the product by decreasing its transparency and thickening it. It is used on the face and body to restore moisture that becomes lost in the skin. Consequently, it finds several applications in the manufacturing of pharmaceuticals, dietary supplements, and personal hygiene items, highly contributing to overall behenyl alcohol market growth.
• Continuous growth of the pharmaceutical sector is complementing behenyl alcohol market expansion. Application of behenyl alcohol is increasing in pharmaceuticals due to its antiviral properties. Abrax, lidavol, ezaban, abreva, etc., are products that widely incorporate behenyl alcohol.

Report Attributes	Details
Behenyl Alcohol Market Size (2024E)	US$ 172.9 Million
Forecasted Market Value (2034F)	US$ 276.3 Million
Global Market Growth Rate (2024 to 2034)	4.8% CAGR
East Asia Market Share (2024E)	22.9%
North America Market Value (2024E)	US$ 28.9 Million
Sales of Behenyl Alcohol Emulsifiers (2034F)	US$ 80.8 Million
Sales of Behenyl Alcohol Emollients (2034F)	US$ 80.4 Million
Key Companies Profiled	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) New Japan Chemical Co. Ltd.

Why are We Seeing Steady Increase in Behenyl Alcohol Consumption?

“Constantly Expanding Pharmaceutical Industry across the World”

The pharmaceutical industry has exhibited continuous growth for decades now, and more so during the COVID-19 pandemic, which has complemented the expansion of the behenyl alcohol market size. Behenyl alcohol is used in the pharmaceutical sector to produce several medications and pharmaceuticals. Increasing number of API units in China, India, and many other countries is set to keep driving up the demand for behenyl alcohol. Adoption of behenyl alcohol in pharmaceuticals is mainly due to its antiviral properties.

• Docosanol, an antiviral pharmacological agent, was approved by the US Food and Drug Administration (FDA) to shorten the duration of cold sores produced by the herpes simplex virus in some over-the-counter drug brands.

“Beneficial Properties of Behenyl Alcohol in Cosmetics and Personal Care Products”

The cosmetics and personal care industry is divided into four segments: skincare, hair care, toiletries, and fragrances. With increasing demand for personal care products, backed by population growth in several regions, use of behenyl alcohol has been rising. Increasing beauty product sales through e-Commerce is also benefiting the target market. Application of behenyl alcohol is increasing in cosmetics and personal care items as it helps in skin softening and also enhances the consistency and formulation texture of the end product.

Will Availability of Alternatives Hurt Market Revenue Growth?

“Alternative Options at Low Cost Becoming Key Hurdle in Market Progress”

Availability of alternative products in the market is becoming a key challenge for behenyl alcohol manufacturers. Stearyl alcohol, for example, is a handy substitute that is being widely used in place of behenyl alcohol. Intense research by scientists and engineers in businesses, institutions, and organizations has led to the creation of cutting-edge procedures and solutions, or novel technologies and goods, which are slowly replacing traditional procedures, solutions, and technologies in the applications that exist now. These are reasonably priced alternatives to behenyl alcohol and have the potential to lower behenyl alcohol sales.

Country-wise Insights

India is a key pharmaceutical industry player, and behenyl alcohol serves as a key element in the production of many pharmaceutical products, which is helping in market growth. Western Europe is also contributing to industry growth due to increasing demand for beauty and personal care products made from natural and organic ingredients.

Why is Demand for Behenyl Alcohol Increasing in South Korea?

“Substantial Sales and Exports of Beauty and Personal Care Products”

Attribute	South Korea
Market Value (2024E)	US$ 4.4 Million
Growth Rate (2024 to 2034)	9.3% CAGR
Projected Value (2034F)	US$ 10.6 Million

Consumption of behenyl alcohol is projected noticeably in South Korea due to high demand for cosmetic and personal care products. Beauty and aesthetics are highly valued in Korean culture. Because of this, there is high demand for cosmetic items that help people look their best.

The Korean government even classifies, separates, and regulates advertising for cosmetic goods that claim anti-aging, sun protection, skin lightening, and anti-wrinkle qualities. Thus, there is a greater need for behenyl alcohol, which is particularly needed in the creation of premium cosmetics.

• According to the International Trade Administration, South Korea, which is renowned for its inventiveness, use of natural ingredients, and aesthetically beautiful packaging, is among the top ten markets for beauty products. In 2021, South Korea's overall cosmetic production value reached pre-pandemic levels, increasing by 9.8% to US$ 14.5 million from the year before. Meanwhile, the country's cosmetic exports reached a new high, rising by 21.3 percent to US$ 9.2 million from the year before.

Why is the United States a Key Market in This Business Space?

“Growing Consumer Inclination toward Nutraceutical Products”

Attribute	United States
Market Value (2024E)	US$ 22.6 Million
Growth Rate (2024 to 2034)	5.7% CAGR
Projected Value (2034F)	US$ 39.2 Million

In the North America region, the United States is projected to account for 78.2% of the behenyl alcohol market share in 2024. Primary reason behind rising product sales in the country is the growing nutraceutical industry. Increasing health awareness and adoption of healthy lifestyles are credited with driving the demand for nutraceuticals in the country.

Consumers in the country have a preference for multivitamins, which provide the body with vital nutrients. Multivitamins are starting to become a necessary component of everyday living. Behenyl alcohol is widely used in the manufacturing of nutraceuticals such as vitamins.

Category-wise Insights

Under end user, the market has been segmented into behenyl alcohol for cosmetics, behenyl alcohol for pharmaceuticals, and behenyl alcohol for nutritional supplements. Use of behenyl alcohol is projected to rise faster in the pharmaceutical sector over the coming years.

Why are Behenyl Alcohol Emollients Increasing in Popularity?

“Properties of Behenyl Alcohol Emollients Increasing Use in Cosmetic Product Formulations”

Attribute	Behenyl Alcohol Emollients
Segment Value (2024E)	US$ 50 Million
Growth Rate (2024 to 2034)	4.9% CAGR
Projected Value (2034F)	US$ 80.4 Million

Ability of emollients to soothe and soften the skin makes them a key ingredient in cosmetic formulations. It also helps maintain moisture and gives the skin a non-greasy feel. Because of these properties, emollients are used for both skincare and hair care; in conditioners, they help increase the moisture content of the hair and make it easier to maintain. Globally, consumer awareness of skin care and general personal hygiene has been growing steadily, which is driving the need for behenyl alcohol emollients.

Why are Sales of Behenyl Alcohol Emulsifiers High?

“Behenyl Alcohol Application Increasing as Emulsifier in Water & Oil Component Products”

Attribute	Behenyl Alcohol Emulsifiers
Segment Value (2024E)	US$ 50.4 Million
Growth Rate (2024 to 2034)	4.8% CAGR
Projected Value (2034F)	US$ 80.8 Million

Behenyl alcohol serves as an emulsifier for products containing both water and oil components. Behenyl alcohol is derived from the fact that components with an oil and a water basis frequently separate or split when combined. Behenyl alcohol alters the product's effectiveness and texture. It makes a product more consistent, which allows topical skincare products to be distributed evenly.

Behenyl alcohol also functions as an emulsifier by having a hydrophilic head that prefers water and a hydrophobic tail that prefers oil. Components that are based on water are targeted by the hydrophilic head, and those that are based on oil are targeted by the hydrophobic tail. Because of these reasons, consumption of behenyl alcohol emulsifiers is also high.

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, the official launch of Vitamin E Vitalizing Sunscreen SPF 50+, which satisfies the criteria for broad-spectrum protection, was announced by derm skincare company COSRX. The firm claims to have collaborated extensively with experts to create a brand that caters to the skin issues of all consumers. The end product is this daily sunscreen, which is designed to protect all skin types, including those with sensitive skin, by combining vitamin E (tocopherol) and behenyl alcohol with chemical-based SPF components.
• In May 2022, The National Brand Equivalent (NBE) of Abreva® (Docosanol Cream 10%) was approved and launched by Cosette Pharmaceuticals and Alembic Pharmaceuticals Limited. This approval includes the first approval of the NBE in the pump format.

Segmentation of Behenyl Alcohol Market Research

• By Application :

  • Emollients
  • Emulsifiers
  • Thickeners
  • Others

• By End Use :

  • Cosmetics
  • Pharmaceuticals
  • Nutritional Supplements
  • Others

• By Region :

  • North America
  • Europe
  • Latin America
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa