Covid-19 Impact on Capric Acid Market Size, Status and Forecast 2020-2026
Capric acid is a short-chain, saturated acid occurring naturally in palm and coconut oils, as well as certain types of milk. It is used for a variety of industrial and manufacturing processes. Also known as C10 fatty acid and decanoic acid, capric acid is commonly derived from both vegetable and animal sources.
Capric acid is used as a raw material for production of alkyl chlorides for agricultural products, methyl caprylate/caprate, fatty alcohols, acid chlorides, fatty acid isethionates, metallic soaps, fatty acid sarcosinates, imidazolines, fatty amines, caprylic capric triglyceride (MCT oil), polyol esters as lubricant in metal working and emollient in personal care products, oxazolines for paint binder ; Used in herbicide, animal feed, corrosion/rust inhibitors for antifreeze, flotation agents in mining, creams and lotions formulations, plasticizers etc. Daily chemicals is the largest consumption field of capric acid, which consumed about 38.75% in 2018.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Capric Acid 3900 market in 2020.COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
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The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Capric Acid 3900 industry.
Based on our recent survey, we have several different scenarios about the Capric Acid 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 249.3 million in 2019. The market size of Capric Acid 3900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Capric Acid market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Capric Acid market in terms of both revenue and volume.
Players, stakeholders, and other participants in the global Capric Acid market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Sales and Pricing Analyses
Readers are provided with deeper sales analysis and pricing analysis for the global Capric Acid market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026.
In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Capric Acid market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Capric Acid market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Capric Acid market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Capric Acid market.
The following manufacturers are covered in this report:
- KLK OLEO
- Musim Mas
- IOI Oleochemical
- Permata Hijau Group
- Emery Oleochemicals
- Pacific Oleochemicals
- Wilmar
- P&G Chemicals
- VVF LLC
- Ecogreen Oleochemicals
- Bakrie Sumatera Plantations
- Kao Chemicals
- Temix
Capric Acid Breakdown Data by Type
- Content 99%
- Content below 99%
Capric Acid Breakdown Data by Application
- Daily Chemicals
- Plasticizer
- Lubricants
- Flavoring and Perfuming Agents
- Others
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Table of content
1 Study Coverage
1.1 Capric Acid Product Introduction
1.2 Market Segments
1.3 Key Capric Acid Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Capric Acid Market Size Growth Rate by Type
1.4.2 Content ? 99%
1.4.3 Content below 99%
1.5 Market by Application
1.5.1 Global Capric Acid Market Size Growth Rate by Application
1.5.2 Daily Chemicals
1.5.3 Plasticizer
1.5.4 Lubricants
1.5.5 Flavoring and Perfuming Agents
1.5.6 Others
1.6 Coronavirus Disease 2019 (Covid-19): Capric Acid Industry Impact
1.6.1 How the Covid-19 is Affecting the Capric Acid Industry
1.6.1.1 Capric Acid Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Capric Acid Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Capric Acid Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Executive Summary
2.1 Global Capric Acid Market Size Estimates and Forecasts
2.1.1 Global Capric Acid Revenue 2015-2026
2.1.2 Global Capric Acid Sales 2015-2026
2.2 Capric Acid Market Size by Region: 2020 Versus 2026
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