Dodecanoic Acid Market Trends

Growth Drivers

• Rising Food & Beverage Industry - Dodecanoic acid, commonly referred to as dodecanoate or lauric acid, is used as a raw material for emulsifiers in a variety of food and beverage additives which are chemicals that are added to food to preserve its nutritional value and preserve its appearance. According to estimates, the size of the global food and beverage market is projected to reach around USD 9925 billion by 2027.
• Growing Usage in Textiles- Dodecanoic acid is a straight-chain, twelve-carbon medium-chain saturated fatty acid that is utilized in the production of leather, fur, and textiles, and also works well in textile production applications as a lubricant and process agent since it facilitates the mixing of water and oil.
• Surging Emphasis on Sustainability- Dodecanoic acid has been suggested for usage as a cost-effective, environmentally beneficial, and commercially viable material as it is a naturally occurring and renewable resource and comes from sustainable sources such as coconut oil and palm kernel oil.

Challenges

• Growing Adoption of Herbal Products such as Indian Soapberry, Curd, Indian Gooseberry, and Egg Yolk – Owing to their medical and nutraceutical qualities, home remedies including cleaning hair with Indian gooseberry, Indian soapberry, egg yolk, and curd are extensively being used in herbal medicine and cooking. Lately, more and more individuals are delving further into the uses and advantages of soapberries in Ayurveda driven by rising concerns and awareness of the possible hazards linked with chemical-based personal care products and the potential negative impacts that manmade chemicals like phthalates, sulfates, and parabens may have on the environment and their health.
• Imposition of strict rules and regulations on the manufacturing of dodecanoic acid may result in higher production costs
• Availability of Alternative Materials is expected to limit the adoption of lauric acid.