The global myristic acid market is valued at USD 1.29 billion in 2025 and is projected to reach USD 2.30 billion by 2033, reflecting a CAGR of 7.5% over the forecast period, according to Verified Market Research. Myristic acid is a saturated C14 fatty acid widely used in personal care, detergents, lubricants and industrial surfactant applications.

Myristic acid serves as a feedstock for surfactants and soaps used in detergents and cleaning, as an emollient and thickening agent in cosmetics and personal care, and as a fatty-acid lubricant and processing aid in metalworking, rubber and polymer applications. Demand is tied to the expansion of personal care and cosmetics, the growth of detergents and home-care, and the rising use of bio-based fatty-acid chemistry. Asia-Pacific is the largest and fastest-growing region, supported by extensive oleochemical, personal-care and manufacturing industries in China, India and Southeast Asia.

Europe and North America sustain steady demand in premium personal-care and industrial applications. Continued personal-care and industrial growth positions myristic acid as a steadily advancing fatty-acid surfactant and lubricant feedstock.