Caprylic Acid Market Size To Reach $4.4 Million By 2022


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The global caprylic acid market is expected to reach USD 4.4 million by 2022, according to a new report by Grand View Research, Inc.


The global caprylic acid market is expected to reach USD 4.4 million by 2022, according to a new report by Grand View Research, Inc. Widespread use of caprylic acid in personal care, and pharmaceutical industry coupled with the growth of these end-use industries is expected to drive growth. Furthermore, growing demand for the acid in manufacturing pesticides and surfactants is expected to propel market growth over the projected period. 

Pharmaceutical accounted for 17.9% of the overall volume share in 2014. Growing use of caprylic acid in the treatment of yeast infections on account of its anti-microbial and anti-fungal properties is expected to propel demand over the forecast period. Furthermore, rising use of the product for treatment of Crohn’s disease, bladder infections and gingivitis is also expected to drive the market. 

To request a sample copy or view summary of this report: 
https://www.grandviewresearch.com/industry-analysis/caprylic-acid-market

Further key findings from the report suggest:

Grand View Research has segmented the caprylic acid market on the basis of application and region:

Caprylic Acid Market Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

Caprylic Acid Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)

Access Press Release Of This Research Report by Grand View Research: https://www.grandviewresearch.com/press-release/global-caprylic-acid-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

 




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