The global dicaprylyl carbonate market was valued at USD 77.00 Million in 2024. The industry is expected to grow at a CAGR of 2.10% during the forecast period of 2025-2034 to attain a valuation of USD 94.79 Million by 2034.
The personal care and cosmetics industry are the major consumers of dicaprylyl carbonate. The growing focus on beauty and aesthetics is driving the growth of the end-use industries, which, in turn, is aiding the dicaprylyl carbonate industry. Owing to technological advancements, new product launches with improved skin formulations are taking place. This is expected to result in increased demand for the product as it transfers multifunctional properties to the end-use product, like improved collagen production and high performance in solubilising crystalline UV filters, among others. Further, the rising consumer awareness regarding personal hygiene in the emerging nations is pushing the growth of the dicaprylyl carbonate industry forward. The other factors like escalating consumer disposable incomes, growing retail sector, improving standards of living, and growing internet penetration are significantly boosting the market growth.
Developing Regions to Provide Significant Opportunities to the Global Market for Dicaprylyl Carbonate
Europe held a significant share in the global dicaprylyl carbonate industry in 2020 due to the presence of leading personal care and cosmetic formulators in the region. However, the mature regions like North America and Europe are expected to witness a moderate growth rate over the forecast period owing to the saturation of personal care and cosmetics industry. Meanwhile, the developing regions like the Asia-Pacific are expected to provide significant opportunities for the market growth. Within the Asia-Pacific, countries like China, India, Indonesia, and Vietnam are expected to be the emerging markets due to the factors like increasing demand for personal care and cosmetic products, rising living standards, and growing disposable incomes. In the Middle East and Africa, the growing consumption of halal-certified personal care products and natural ingredients are expected to support the regional market growth over the next five years.Dicaprylyl Carbonate: Market Segmentation
Dicaprylyl carbonate, a colourless, odourless liquid, is a synthetic or natural fat that can be derived from plant or animal sources. It is a diester of caprylyl alcohol with carbonic acid. It has good spreadability and moisturising properties, and thus, is a popular ingredient in the personal care industry. It leaves a dry, velvety feel on the skin, without seeming greasy. Owing to these properties, dicaprylyl carbonate is widely utilised in baby and face care products, sun/after sun body lotions, conditioning preparations, and colour preparations, among others.Based on function, the market is divided into:
- Emollient
- Skin Conditioning
- Others
Based on end use, the industry can be segmented into:
- Skin Moisturizer/Lotion
- Sunscreen
- Anti-Ageing Treatment
- Deodorants
- Hair Dye
- Shaving Creams
- Others
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
The personal care and cosmetics industry are the major consumers of dicaprylyl carbonate. The growing focus on beauty and aesthetics is driving the growth of the end-use industries, which, in turn, is aiding the dicaprylyl carbonate industry. Owing to technological advancements, new product launches with improved skin formulations are taking place. This is expected to result in increased demand for the product as it transfers multifunctional properties to the end-use product, like improved collagen production and high performance in solubilising crystalline UV filters, among others. Further, the rising consumer awareness regarding personal hygiene in the emerging nations is pushing the growth of the dicaprylyl carbonate industry forward. The other factors like escalating consumer disposable incomes, growing retail sector, improving standards of living, and growing internet penetration are significantly boosting the market growth.
Growing Shift Towards Natural Products to Influence the Dicaprylyl Carbonate Market Positively
With the growing awareness regarding the harmful effects of synthetic ingredients, the demand for products with natural ingredients is increasing. As silicones are synthetic in nature and adversely affects the environment, manufacturers are increasingly adopting dicaprylyl carbonate over silicones as emollient. This is expected to have a positive effect on the expansion of the global dicaprylyl carbonate industry over the forecast period.Key Industry Players in the Global Dicaprylyl Carbonate Market
The report gives a detailed analysis of the following key players in the global dicaprylyl carbonate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- BASF SE
- Tawiwan NJC Corporation., Ltd.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Dicaprylyl Carbonate Market Analysis
6 Regional Analysis
7 Market Dynamics
9 Price Analysis
10 Manufacturing Process
11 Competitive Landscape
Companies Mentioned
The key companies featured in this Dicaprylyl Carbonate market report include:- BASF SE
- Tawiwan NJC Corporation., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 170 |
| Published | August 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 77 Million |
| Forecasted Market Value ( USD | $ 94.79 Million |
| Compound Annual Growth Rate | 2.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 3 |
