Undecylenic Acid Market
By Type;
Natural and SyntheticBy Form;
Liquid, Spray, Solution, Cream, Powder and OthersBy Application;
Cosmetic Biocide, Fragrance Ingredient, Surfactant, Antifungal Agent, Preservative and OthersBy Industry Vertical;
Chemical & Petrochemical, Oil & Gas, Energy & Power, Automotive, Food & Beverages, Healthcare and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Undecylenic Acid Market Overview
Undecylenic Acid Market (USD Million)
Undecylenic Acid Market was valued at USD 3,321.74 million in the year 2024. The size of this market is expected to increase to USD 4,460.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.3%.
Undecylenic Acid Market
*Market size in USD million
CAGR 4.3 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 4.3 % |
| Market Size (2024) | USD 3,321.74 Million |
| Market Size (2031) | USD 4,460.22 Million |
| Market Concentration | High |
| Report Pages | 328 |
Major Players
- Arkema Group
- TCI Chemicals (India) Pvt. Ltd.
- Electronic Medicines Compendium (emc)
- Hokoku Co Ltd.
- Jayant Agro-Organics Limited
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Undecylenic Acid Market
Fragmented - Highly competitive market without dominant players
The Undecylenic Acid Market is experiencing notable growth, primarily fueled by the increasing demand in the personal care and cosmetics sector. Recognized for its antifungal and antimicrobial properties, undecylenic acid is extensively utilized in skincare, haircare, and cosmetic formulations. This segment constitutes approximately 40% of the total market consumption, underscoring the shift towards natural and bio-based ingredients in consumer products.
Expanding Applications in Pharmaceuticals
In the pharmaceutical industry, undecylenic acid is gaining prominence due to its broad-spectrum antifungal capabilities. It is a key component in topical treatments for skin infections such as athlete's foot, ringworm, and jock itch. This application accounts for about 30% of the market share, driven by heightened awareness of skin health and the demand for effective antifungal therapies.
Industrial and Manufacturing Utilization
Beyond healthcare, undecylenic acid plays a vital role in the manufacturing and industrial sectors, serving as a precursor for plastics, resins, and fragrances. This segment represents roughly 20% of the overall market, bolstered by the growing demand for bio-based chemicals in industrial processes and consumer goods.
Emerging Role in Biopolymers and Coatings
The market is also witnessing growth from the rising interest in biopolymers and specialty coatings. With an emphasis on sustainable and eco-friendly solutions, undecylenic acid is employed in the production of renewable polymer materials, contributing to around 10% of the total market demand. This trend aligns with the broader industry movement towards green chemistry and low-carbon manufacturing.
Future Outlook and Market Dynamics
Given its versatile applications across various industries, the Undecylenic Acid Market is poised for continued growth. Ongoing research and development, coupled with innovative product formulations and regulatory support for bio-based chemicals, are expected to further propel market expansion.
Undecylenic Acid Market Key Takeaways
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The global Undecylenic Acid Market was valued at approximately USD 220.4 million in 2024 and is projected to reach around USD 314.6 million by 2030, growing at a compound annual growth rate (CAGR) of 6.0% during the forecast period.
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Asia-Pacific dominated the market in 2024, attributed to the strong growth of end-use industries such as personal care, pharmaceuticals, and plastics across China, India, and Japan.
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The personal care and cosmetics segment accounted for the largest market share, valued at approximately USD 90 million in 2024, driven by increasing demand for natural antifungal agents and bio-based ingredients in skincare and hygiene products.
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Rising utilization of castor oil derivatives for the production of sustainable chemicals and increasing applications of undecylenic acid in polyamide 11 (Nylon 11) manufacturing are key trends supporting market expansion.
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North America and Europe are expected to experience steady growth, supported by the growing pharmaceutical sector, stringent environmental regulations promoting bio-based alternatives, and the presence of key chemical manufacturers.
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Leading market players include Arkema S.A., Croda International Plc, Hokoku Corporation, Zhejiang Rayfull Chemicals Co. Ltd., and Nantong Hengxing Electronic Materials Co. Ltd., focusing on capacity expansion, product innovation, and strategic collaborations.
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Challenges such as fluctuating raw material prices of castor oil, limited supply chain integration, and competition from synthetic substitutes may restrain overall market growth.
Undecylenic Acid Market Recent Developments
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In 2024, Arkema introduced Oleris Undecylenic Acid, a renewable and bio-based 10-undecenoic acid developed from castor oil. The innovation supports the shift toward sustainable solutions in industries such as cosmetics, pharmaceuticals, and polymer manufacturing, emphasizing eco-efficient performance and reduced environmental footprint.
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In 2022, BASF enhanced its production capacity for undecylenic acid to address the rising demand from the pharmaceutical and personal care industries. The initiative underscores the company’s commitment to sustainable manufacturing practices and the development of eco-efficient chemical solutions.
Undecylenic Acid Market Segment Analysis
In this report, the Undecylenic Acid Market has been segmented by Type, Form, Industry Vertical, Application, and Geography.
Undecylenic Acid Market, Segmentation by Type
The Undecylenic Acid Market has been segmented by Type into Natural and Synthetic.
Natural
The natural undecylenic acid segment dominates the market, capturing around 60% of the global share. Extracted mainly from castor oil, it is praised for being eco-friendly, biodegradable, and safe for use in sensitive applications. Its broad adoption in pharmaceuticals, personal care, and cosmetic formulations is driven by its effective antifungal and skin-conditioning properties, making it a preferred choice in health-conscious industries.
Synthetic
The synthetic undecylenic acid segment holds approximately 40% of the market and continues to expand due to its economical production and uniform quality. Unlike its natural counterpart, this variant is synthesized chemically, making it highly suitable for industrial sectors that demand high-performance materials. It finds key applications in plastics, coatings, and lubricants, offering enhanced durability and efficiency.
Undecylenic Acid Market, Segmentation by Form
The Undecylenic Acid Market has been segmented by Form into Liquid, Spray, Solution, Cream, Powder and Other.
Liquid
The liquid undecylenic acid form leads the market, contributing nearly 35% of global demand. Known for its quick absorption and easy application, it is a preferred option in pharmaceuticals and cosmetics. It’s widely adopted in treating fungal infections and serves as a versatile base in topical formulations.
Spray
The spray form holds around 18% of the market and stands out for its user-friendly, contactless application. Its ability to disperse evenly across affected areas makes it ideal for topical antifungal products, particularly in hygiene-sensitive scenarios.
Solution
Capturing approximately 15% of the market, the solution form is commonly utilized in medical and laboratory environments. Its precise dosing and blendability support its use in custom pharmaceutical formulations and clinical research.
Cream
The cream variant accounts for roughly 12% of the global market and is valued for its skin-soothing and hydrating effects. It is widely used in dermatology and personal care to address fungal skin conditions, eczema, and dryness.
Powder
Comprising about 10% of the market, the powder form is popular in foot powders and fungal treatments. Its long shelf stability and storage convenience make it an efficient option in over-the-counter products.
Undecylenic Acid Market, Segmentation by Industry Vertical
The Undecylenic Acid Market has been segmented by Industry Vertical into Chemical & Petrochemical, Oil & Gas, Energy & Power, Automotive, Food & Beverages, Healthcare and Others.
Chemical & Petrochemical
The chemical and petrochemical industry leads the undecylenic acid market with around 30% market share. Its high demand stems from widespread use in producing industrial intermediates, polymeric coatings, and chemical formulations. Its versatility enhances performance across various chemical processes.
Oil & Gas
Comprising nearly 18% of the market, the oil and gas sector depends on undecylenic acid for its role as a corrosion-prevention additive and lubricant enhancer. It supports pipeline protection and increases the lifespan of mechanical systems under harsh operational conditions.
Energy & Power
The energy and power segment accounts for about 12% of the total market. It utilizes undecylenic acid in high-temperature insulators, coolants, and electrical component protection, thanks to its superior thermal stability and oxidative resilience.
Automotive
With a market share of roughly 15%, the automotive industry uses undecylenic acid in engine oils, adhesive systems, and durable sealants. It enhances mechanical strength, reduces wear and tear, and boosts engine performance in dynamic environments.
Food & Beverages
The food and beverage industry holds close to 10% of the market. Here, undecylenic acid functions as an antimicrobial agent, improving shelf life and hygiene in packaging films, coatings, and food-safe surface treatments.
Healthcare
Occupying around 10% market share, the healthcare sector extensively uses undecylenic acid in antifungal formulations, topical ointments, and pharmaceutical products. Its medicinal benefits make it essential in treating skin-related fungal infections.
Undecylenic Acid Market, Segmentation by Application
The Undecylenic Acid Market has been segmented by Application into Cosmetic Biocide, Fragrance Ingredient, Surfactant, Antifungal Agent, Preservative and Others.
Cosmetic Biocide
The cosmetic biocide segment leads with approximately 28% market share, driven by undecylenic acid’s strong antimicrobial properties. It plays a key role in preserving personal care formulations, enhancing hygiene, and increasing product longevity across cosmetic lines.
Fragrance Ingredient
Accounting for nearly 20% of global demand, undecylenic acid is widely used as a fragrance ingredient in perfumes, soaps, and toiletries. Its ability to modify and stabilize aromatic profiles makes it valuable in the fragrance and cosmetic industries.
Surfactant
Holding about 16% of the market, the surfactant application utilizes undecylenic acid for its emulsifying, wetting, and cleaning efficiencies. It is frequently found in detergents, cleansers, and industrial formulations.
Antifungal Agent
With around 22% share, undecylenic acid as an antifungal agent is widely recognized in medical and OTC products. Its proven effectiveness against fungal skin conditions makes it essential in creams, ointments, and foot care solutions.
Preservative
The preservative application comprises close to 8% of the market, used extensively in cosmetics and pharmaceuticals to prevent microbial growth. It helps extend the shelf life of sensitive products by maintaining stability and safety.
Undecylenic Acid Market, Segmentation by Geography
In this report, the Undecylenic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America dominates the undecylenic acid market with approximately 32% of the global share. This stronghold is supported by the region’s well-developed pharmaceutical sector, high personal care spending, and innovation in cosmetic formulations. The presence of major industry players further enhances market growth.
Europe
Holding nearly 25% of the market, Europe maintains a strong position due to its focus on sustainable chemicals and strict product quality standards. Countries such as Germany, France, and the United Kingdom show high demand in cosmetics and medicinal applications, promoting steady regional growth.
Asia Pacific
The Asia Pacific region captures about 28% of the market and is witnessing robust expansion. Rapid urbanization, a rising middle-class population, and increased investment in healthcare and industrial sectors in countries like China, India, and Japan are fueling growth.
Middle East and Africa
Representing nearly 8% of the total market, the Middle East and Africa region has emerging demand driven by the oil & gas and personal care industries. Increasing adoption of hygiene products and growth in retail pharmaceuticals are expected to enhance market presence.
Latin America
With a share of around 7%, Latin America sees stable growth, particularly in Brazil and Mexico, where undecylenic acid is applied in agrochemicals, healthcare, and cosmetic segments. Rising awareness of fungal skin treatments boosts regional demand.
Undecylenic Acid Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Undecylenic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Demand for Antifungal and Antibacterial Treatments
- Increasing Prevalence of Skin Infections and Dermatological Disorders
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Expansion in Pharmaceutical and Healthcare Industries - The steady expansion of the pharmaceutical and healthcare sectors is significantly boosting demand for undecylenic acid. Known for its antifungal and antimicrobial properties, this naturally derived compound is widely used in topical medications that treat common fungal infections. As global awareness of skin health increases and the prevalence of infections like athlete’s foot and ringworm rises, demand for effective, over-the-counter antifungal solutions continues to grow.
Undecylenic acid is especially popular in personal care and foot care products, including creams, powders, and sprays. Consumers are increasingly drawn to natural formulations, and undecylenic acid, derived from castor oil, fits the demand for plant-based, skin-safe ingredients. This trend is further supported by the growing appeal of clean-label and eco-friendly healthcare products.
Its safety and efficacy make undecylenic acid a viable component in both clinical and cosmetic dermatology applications. It is often used in daily-use products that support preventive skincare and long-term fungal management, particularly in regions with high humidity or large elderly populations.
With the global push for accessible and natural healthcare options, undecylenic acid is expected to see growing adoption in a variety of treatment and skincare categories. Its alignment with current market preferences for natural, multi-purpose ingredients positions it well for continued growth.
Restraints
- Regulatory Challenges and Compliance Requirements
- Limited Awareness in Developing Regions
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Competition from Alternative Antifungal Agents - The market for undecylenic acid is under pressure from a wide range of synthetic antifungal agents such as clotrimazole, miconazole, and terbinafine. These alternatives are well-established in clinical use, offering broader antifungal coverage, faster relief, and deeper penetration. Their widespread adoption by physicians and consumers limits the competitive advantage of undecylenic acid, especially in mainstream pharmaceutical applications.
Unlike patented synthetic antifungals, undecylenic acid is generally used in generic, lower-margin OTC formulations. This reduces investment incentives for companies to heavily market or innovate with the ingredient, restricting its presence primarily to niche segments of the antifungal market.
Another challenge is that undecylenic acid is more effective in topical or surface-level applications and may not provide the systemic effectiveness required for treating deeper or internal fungal infections. This limits its therapeutic reach compared to its pharmaceutical competitors.
To maintain relevance, undecylenic acid products must differentiate through natural appeal, gentle action, and compatibility with sensitive skin. However, strong competition from more potent and fast-acting synthetic agents remains a major constraint on broader market expansion.
Opportunities
- Development of New Applications in Personal Care and Industrial Sectors
- Rising demand in energy sector
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Innovations in Formulations and Delivery Systems - Innovations in formulations and drug delivery systems are opening new opportunities for undecylenic acid. Traditionally found in creams and powders, this compound is now being adapted into advanced delivery formats such as foams, gels, transdermal patches, and time-release emulsions. These newer technologies improve comfort, prolong active release, and enhance overall treatment effectiveness.
Formulators are also exploring combinations of undecylenic acid with complementary plant-based ingredients to develop multifunctional skincare and antifungal solutions. These include cleansers, barrier creams, and formulations targeted at dual-action skincare and infection prevention—especially for people with sensitive or high-risk skin.
Technologies such as microencapsulation and nanoemulsions are helping extend the shelf life, improve skin absorption, and reduce irritation commonly associated with topical treatments. These advancements are increasing patient compliance and product appeal in both therapeutic and cosmetic applications.
As market demand grows for natural, effective, and easy-to-use personal care products, innovation in delivery methods will be key to enhancing the commercial value of undecylenic acid. These breakthroughs are helping reposition it as a modern, performance-driven solution in antifungal and skin health markets.
Undecylenic Acid Market Competitive Landscape Analysis
Undecylenic Acid Market is witnessing intensifying competition as companies adopt strategies to strengthen their presence across personal care, pharmaceuticals, and industrial sectors. Key players focus on innovation, sustainable sourcing, and collaboration with downstream manufacturers. Increasing partnerships and targeted expansion in emerging regions highlight the sector’s ability to adapt to shifting demand patterns and support consistent growth.
Market Structure and Concentration
The industry shows a moderately consolidated structure, with over 55% share dominated by leading manufacturers. Larger firms pursue merger and acquisition strategies to strengthen vertical integration, while smaller players emphasize niche innovation. This balance ensures steady growth, as competition is shaped by sustainability, efficiency, and strategic collaboration across production networks.
Brand and Channel Strategies
Producers prioritize strong brand positioning by highlighting purity, safety, and application versatility. Multi-channel strategies combine direct sales to industrial clients with distribution through specialized suppliers. Strengthened partnerships and long-term supply agreements enhance consistency, while digital collaboration with end-users supports competitive differentiation and sustainable growth across multiple application segments.
Innovation Drivers and Technological AdvancementsContinuous innovation in extraction, processing, and formulation techniques is a defining factor in this market. Companies invest in technological advancements to improve efficiency, reduce costs, and ensure high-quality output. Strategic collaboration with research institutes drives new product development, while eco-friendly strategies foster market resilience and long-term growth potential.
Regional Momentum and Expansion
Asia-Pacific holds more than 45% share, driven by pharmaceutical and personal care demand. North America emphasizes innovation in specialty formulations, while Europe prioritizes sustainable strategies in raw material sourcing. Regional expansion efforts and collaboration with local distributors strengthen competitiveness, ensuring consistent growth across diverse application sectors and evolving consumer preferences.
Future Outlook
The future outlook for the undecylenic acid market reflects steady growth supported by sustainability trends and expanding applications. Key players are expected to intensify strategies around bio-based production and high-performance formulations. Strong collaboration with downstream industries and ongoing innovation in process efficiency will define competitiveness, ensuring resilient and long-term industry expansion.
Key players in Undecylenic Acid Market include:
- Arkema Group
- HOKOKU Co., Ltd.
- Acme Synthetic Chemicals
- Jayant Agro-Organics Limited
- TCI Chemicals (India) Pvt. Ltd.
- Merck KGaA
- Vantage Specialty Chemicals
- Cayman Chemical
- Robinson Brothers Ltd.
- Parchem Fine & Specialty Chemicals
- Chemceed
- Shandong Chuangying Chemical Co., Ltd.
- Zhonglan Industry Co., Ltd.
- ITOH Oil Chemicals Co., Ltd.
- Nikunj Chemical Limited
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Form
- Market Snapshot, By Application
- Market Snapshot, By Industry Vertical
- Market Snapshot, By Region
- Undecylenic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Demand for Antifungal and Antibacterial Treatments
- Increasing Prevalence of Skin Infections and Dermatological Disorders
- Expansion in Pharmaceutical and Healthcare Industries
- Restraints
- Regulatory Challenges and Compliance Requirements
- Limited Awareness in Developing Regions
- Competition from Alternative Antifungal Agents
- Opportunities
- Development of New Applications in Personal Care and Industrial Sectors
- Rising demand in energy sector
- Innovations in Formulations and Delivery Systems
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Undecylenic Acid Market, By Type, 2021 - 2031 (USD Million)
- Natural
- Synthetic
- Undecylenic Acid Market, By Form, 2021 - 2031 (USD Million)
- Liquid
- Spray
- Solution
- Cream
- Powder
- Others
- Undecylenic Acid Market, By Application, 2021 - 2031 (USD Million)
- Cosmetic Biocide
- Fragrance Ingredient
- Surfactant
- Antifungal Agent
- Preservative
- Others
- Undecylenic Acid Market, By Industry Vertical, 2021 - 2031 (USD Million)
- Chemical & Petrochemical
- Oil & Gas
- Energy & Power
- Automotive
- Food & Beverages
- Healthcare
- Others
- Undecylenic Acid Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Undecylenic Acid Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Arkema Group
- HOKOKU Co., Ltd.
- Acme Synthetic Chemicals
- Jayant Agro-Organics Limited
- TCI Chemicals (India) Pvt. Ltd.
- Merck KGaA
- Vantage Specialty Chemicals
- Cayman Chemical
- Robinson Brothers Ltd.
- Parchem Fine & Specialty Chemicals
- Chemceed
- Shandong Chuangying Chemical Co., Ltd.
- Zhonglan Industry Co., Ltd.
- ITOH Oil Chemicals Co., Ltd.
- Nikunj Chemical Limited
- Company Profiles
- Analyst Views
- Future Outlook of the Market

