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Alkyl Dimethyl Betaine Market - Global Industry Analysis and Forecast The global alkyl dimethyl betaine market was valued at US $3.29 Bn. in 2020, and it is expected to reach US $4.50 Bn. by 2027 with a CAGR of 5.34% during the forecast period. Lauryl betaine and myristyl betaine are combined to form alkyl dimethyl betaine. Alkyl dimethyl betaine, also known as N-(Alkyl C10-C16)-N, N-dimethylglycine betaine and N, N-Dimethyl-N-dodecyl-glycine betaine, is a type of specialty chemical. In the chemical processing industry, it is primarily consumed as a foam stabilizer, emulsifier, dispersion, thickening, and wetting agent. The global market is driven by an increase in demand for alkyl dimethyl betaine from the cosmetics industry. It is used in the cosmetics industry as an antistatic agent, cleansing agent, foam enhancing agent, surfactant, and viscosity controlling agent.