The United Kingdom pelargonic acid market has witnessed significant growth over the past few years owing to the increasing demand for personal care products such as shampoos, conditioners, and detergents. Pelargonic acid is widely used as an emollient and emulsifying agent in personal care products due to its fatty acid properties. It helps in maintaining the pH balance of skin and hair. Pelargonic acid is derived from natural sources through hydrolysis of castor oil or fatty acids. It provides better solubility and penetration of active ingredients. The rising awareness among customers regarding ingredients used in personal care products has led manufacturers to use natural ingredients like pelargonic acid.
The United Kingdom Pelargonic Acid Market is estimated to be valued at US$ 6.29 Mn in 2024 and is expected to exhibit a CAGR of 6.7% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the United Kingdom pelargonic acid are Central Drug House. ,Croda International Plc,Emery Oleochemicals UK Limited, Glentham Life Sciences Limited,OQ Chemicals GmbH. Croda International Plc is one of the leading manufacturer of pelargonic acid in the UK.
The demand for pelargonic acid is growing in personal care industries owing to its excellent emulsifying properties. It is widely used in shampoos, hair conditioners, skin care creams and lotions. The increasing health awareness has boosted the growth of natural personal care products industry using pelargonic acid.
The players operating in the market are focusing on product innovation and investing hugely in research and development to come up with newer applications of pelargonic acid. New technologies help in large scale production of pelargonic acid meeting the growing demand from end use industries.
Market Trends
The United Kingdom pelargonic acid market is witnessing increased demand for bio-based pelargonic acid. The sustainability concerns and environmental regulations are driving personal care producers to switch to 100% natural and plant-based raw materials like bio-pelargonic acid.
The players are launching halal certified pelargonic acid to cater to the needs of Muslim population in UK and middle eastern countries. Halal certified organic pelargonic acid is seeing high adoption in personal care and cosmetic products.
Market Opportunities
Rising demand for organic personal care products in UK provides significant opportunity for pelargonic acid market players. The production of organic pelargonic acid from natural castor oil can meet this demand.
Development of innovative application areas like pharmaceuticals and agrochemicals using pelargonic acid derivatives is another key opportunity.
Impact Of COVID-19 On United Kingdom Pelargonic Acid Market Growth
The COVID-19 pandemic has significantly impacted the United Kingdom pelargonic acid market. During the initial phases of the lockdown, demand from end use industries such as rubber and fragrances dropped significantly due to the closure of manufacturing facilities. Supply chains were disrupted globally affecting the availability of raw materials. This led to a decline in production volumes across manufacturing units. However, with the resumption of operations post lockdown, demand started reviving from Q3 2020. The pandemic emphasized the importance of healthcare and hygiene, boosting the demand for sanitizers and disinfectants where pelargonic acid is used. Its extensive use in domestic disinfection products helped counter the decline caused initially.
Going forward, the market is expected to witness steady growth on account of rising health awareness. Manufacturers are focusing on establishing robust supply chains and improving production capacities to cater to future demand prospects. Technological advancements in processing methods will further aid market expansion. While short term disruptions were unavoidable, a gradual normalization of economic activities and continuation of pre-COVID industry trends are likely to drive positive growth in the long run.
Geographical Concentration Of United Kingdom Pelargonic Acid Market
In terms of value, the United Kingdom pelargonic acid market is highly concentrated in England, which accounts for over 60% share. It is a leading production base with a large number of pelargonic acid manufacturing facilities located across regions such as West Midlands, Yorkshire and the Humber. Easy availability of raw materials and skilled workforce have supported market growth in England. The market is also well established in Scotland, generating around 25% of the country's overall revenues.
Fastest Growing Region In The United Kingdom Pelargonic Acid Market
Wales has emerged as the fastest growing region, aided by government initiatives to attract private investments into essential chemical sectors. Special economic zones established near ports facilitate imports while incentivizing exports. Logistics infrastructure is well-developed to support distribution needs. Major companies are expanding production capacities in Wales to leverage relatively lower costs and cater to growing European demand. With a young, skilled local workforce and business friendly policies, Wales is expected to see double digit growth over the forecast period.
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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
What Are The Key Data Covered In This United Kingdom Pelargonic Acid Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the United Kingdom Pelargonic Acid's growth between 2024 and 2031.
:- Accurate calculation of the size of the United Kingdom Pelargonic Acid and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- United Kingdom Pelargonic Acid Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of United Kingdom Pelargonic Acid vendors
FAQ’s
Q.1 What are the main factors influencing the United Kingdom Pelargonic Acid?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top United Kingdom Pelargonic Acid companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the United Kingdom Pelargonic Acid’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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