The global brassylic acid market was valued at US$ 582.0 Mn in 2018, according to Global Brassylic Acid Market Report, by Raw Material Type (Paraffin Oil and Vegetable Oil (Crambe Oil, Rapeseed Oil, and Others)), by Production Method (Chemical and Fermentation), by Application (Fragrances, Adhesives, Plastics, Lubricants, and Other Polymers & Copolymers), and by Region (North America, South America, Asia Pacific, Europe, and Middle East & Africa), published by Worldwide Market Reports.
The global brassylic acid market is expected to reach US$ 792.5 Mn by 2027, exhibiting a CAGR of 3.6% over the forecast period (2019-2027). Rising demand for fragrance products by various end-use industries such as beauty, personal care and home care is expected to rise demand for brassylic acid, which in turn is expected to drive market growth over the forecast period.
Brassylic acid is majorly utilized in synthesis of fragrances. Fragrances derived from brassylic acid belongs to macrocyclic musk category. Polycyclic musk such as phantolide are not environmentally friendly. Therefore, brassylic acid used for synthesis of macrocyclic musk is expected to be considered as a potential alternative for polycyclic musk, as it is an easily degradable chemical compound. This factor is likely to contribute to growth of the global brassylic acid market during the forecast period.
Various di-esters of brassylic acid are incorporated into PVC are used as plasticizers. These derivatives of brassylic acid have property to remain stable in low temperature conditions. Di-cyclohexyl brassylate (a derivative of brassylic acid) has properties similar to those shown by bis-3-ethylhexyl pthalate, which is the most widely used plasticizer in moderate temperature applications.
However, according to the European Chemicals Agency (ECHA), direct contact with brassylic acid causes skin irritation, serious eye irritation, and may cause respiratory irritation. These factors are expected to hamper growth of the global brassylic acid market over the forecast period.
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