Global Emollient Esters Market, By Type (Isopropyl Myristate, C12-15 Alkyl Benzoate, Caprylic/Capric Triglyceride, Cetyl Palmitate, Myristyl Myristate, Butyl Stearate, Octyl Hydroxy Stearate, Others), By Source (Plant-Based, Shea Butter, Cocoa Butter), By Form (Solid, Semi-Solid, Liquid, Powder/Flakes), End-User (Skin Care, Hair Care, Personal Care, Cosmetics, Oral Care and Others) - By Industry Trends and Forecast to 2023 to 2030.
Emollient Esters Market Analysis and Size
The emollient esters market is growing due to increased usage in various end-use industries. Some essential factors contributing to the growth of the emollient esters market in the forecast period of 2023 to 2020 include the growing demand for hair-care and skin-care products, the growing disposable income, and others. The increasing population and increasing usage of beauty products among the young generation are major factors driving the market’s growth. Emollient esters have long-lasting qualities for personal care products, and emollient esters are also helpful in the resolution of complicated challenges during the creation of various cosmetic products. This leads to the growing demand for emollient components in dental, hair, skincare, and other applications.
Data Bridge Market Research analyses that the emollient esters market which was USD 471.80 million in 2022, is expected to reach USD 749.15 billion by 2030, growing at a CAGR of 5.95% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Emollient Esters Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Isopropyl Myristate, C12-15 Alkyl Benzoate, Caprylic/Capric Triglyceride, Cetyl Palmitate, Myristyl Myristate, Butyl Stearate, Octyl Hydroxy Stearate, Others), By Source (Plant-Based, Shea Butter, Cocoa Butter), By Form (Solid, Semi-Solid, Liquid, Powder/Flakes), End-User (Skin Care, Hair Care, Personal Care, Cosmetics, Oral Care and Others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Ashland (U.S.), BASF SE (Germany), Croda International Plc (U.K.), Lonza (Switzerland), Shiseido Company (Japan), Evonik Industries AG (Germany), Stepan Company (U.S.), The Lubricol Corporation (U.S.), Innospec (U.S.), Solvay (Belgium), Vantage Specialty Chemicals (U.S.), PHOENIX CHEMICAL INC. (U.S.), ABITEC (U.S.), RITA Corporation (U.S.), Alzo International Inc (U.S.), VENUS ETHOXYETHERS PVT. LTD (India), Yasho Industries Limited (India), Kline & Company (U.S.)
|
|
Market Opportunities
|
|
Market Definition
The combination of carboxylic acids and fatty alcohol forms emollient esters. The reaction of polyols or alcohols results in the formation of esters. An ester is considered as the primary component of emollients. Emollient esters are often used in liquid form. The primary natural emollient esters are liquids, such as fatty acids, lipids, and oils. Synthetic emollient esters in liquid form are used in manufacturing liquid personal care formulations such as creams, lotions, moisturizers, shampoos, and others. Emollient esters are commonly used in cosmetic compositions. Emollients help prevent the loss of regular moisture of the skin and water from evaporating from the outer layer of the epidermis.
Global Emollient Esters Market Dynamics
Drivers
- Growing men’s grooming sector
Men's grooming sector worldwide has witnessed significant growth in recent years, as the traditional focus on shaving has shifted to a broader perspective of personal care and grooming. Men are increasingly spending on grooming products as attitudes towards grooming and personal care have changed due to the influence of celebrities and influencers. The increasing number of men’s salons is fuelling the demand for emollient esters in the men’s grooming sector. Consumers are adopting products made from emollient esters, driving the market’s growth.
- Growing awareness of personal hygiene
Personal hygiene is becoming vital due to the spread of various germs and infectious diseases. The germs and diseases can cause many health hazards that can pass on by touching other people, handling contaminated food, etc. Awareness is increasing regarding the benefits of cleanliness and personal hygiene, and the surge in the likelihood of epidemics or pandemics. The growing awareness of personal hygiene raises the demand for unique hygiene products and significantly drives the market’s growth.
Opportunities
- The growing market of personal care & cosmetics
Beauty and personal care products such as skincare and color cosmetics are becoming an essential part of daily life among people. Cosmetics with natural, non-toxic, and organic ingredients used for personal care & cosmetics are significantly boosting the market growth. Emollient esters are widely used in the manufacturing of personal care and cosmetics products. The increasing demand for personal care & cosmetics in specialty stores, pharmacies, and beauty salons is further increasing the demand for emollient esters, therefore, creating major opportunities for the market’s growth.
- Growing hair care sector
In the hair care sector, emollient esters used are generally hydrophobic. It forms films on the hair surface, acts as an anti-humectant, provides lubrication between adjacent hair stands, and makes hair detangling very easy. In addition, they also enhance hair smoothing, flatten the cuticle surface, and add shine and moisture to the hair. Emollient esters are widely used in the hair care sector and create many growth opportunities for the market.
Restraints/Challenges
- Strict laws and rules
There are strict laws and rules across regions and nations which limits the emollient esters market growth, as chemical ingredient manufacturers and suppliers are required to provide precise data and documentation of the sourcing of the components. Due to the implementation of strict rules and laws, the market faces significant challenges, hampering the market’s growth.
- Instability of esters
In selecting emollients for formulation, the stability of esters for hydrolysis and oxidation must be considered. The esters can be hydrolyzed to alcohol and acid if the formulation is too acidic or alkaline. Oxidation will produce off-flavors, and it can also form inflammatory, irritating, and harmful breakdown products.
This emollient esters market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the emollient esters market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2022, Shiseido launched Sidekick, a new skincare brand for Gen-Z boys, throughout Asia Pacific. The launch of new brand would require more emollient esters for the manufacturing of skincare products which will significantly boost the market’s growth in the Asia Pacific region.
- In June 2022, Evonik expanded the production capacity of TEGOSOFT MM MB to Shanghai, China. Increasing the manufacturing capacity for TEGOSOFT MM MB with a second site enabling Evonik to better cater to the increasing market demand for enzymatic-produced emollient esters in the Asia Pacific. This development shows the consistent commitment of Evonik’s to enhancing the availability of products.
Global Emollient Esters Market Scope
The emollient esters market is segmented on the basis of type, source, form and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Isopropyl Myristate
- C12-C15 Alkyl Benzoate
- Caprylic/Capric Triglyceride
- Cetyl Palmitate
- Myristyl Myristate
- Butyl Stearate
- Octyl Hydroxy Stearate
- Others
Source
- Plant-Based
- Shea Butter
- Cocoa Butter
Form
- Solid
- Semi-Solid
- Liquid
- Powder/Flakes
End-User
- Skin Care
- Hair Care
- Personal Care
- Cosmetics
- Oral Care
- Others
Global Emollient Esters Market Regional Analysis/Insights
The emollient esters market is analysed and market size insights and trends are provided by type, source, form and end-user as referenced above.
The countries covered in the emollient esters market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the emollient esters market because of the large-scale presence of personal care & cosmetic item producers in Europe. In addition, the advertisement of cosmetic items & skin care products has favorably expanded the personal care & cosmetic industry. The growing beauty consciousness among people in Europe is majorly contributing to the market’s growth in the region.
The Asia-Pacific region is expected to experience the fastest growth in the emollient esters market, owing to the increasing population, disposable income, and rising demand for personal care products in countries such as China, India, and Japan. In addition, the region is also witnessing an increase in the usage of natural and organic ingredients in personal care products, which is boosting the market’s growth in the Asia-Pacific region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Emollient Esters Market Share Analysis
The emollient esters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to emollient esters market.
Some of the major players operating in the emollient esters market are:
- Ashland (U.S.)
- BASF SE (Germany)
- Croda International Plc (U.K.)
- Lonza (Switzerland)
- Shiseido Company (Japan)
- Evonik Industries AG (Germany)
- Stepan Company (U.S.)
- The Lubricol Corporation (U.S.)
- Innospec (U.S.)
- Solvay (Belgium)
- Vantage Specialty Chemicals (U.S.)
- PHOENIX CHEMICAL INC. (U.S.)
- ABITEC (U.S.)
- RITA Corporation (U.S.)
- Alzo International Inc (U.S.)
- VENUS ETHOXYETHERS PVT. LTD (India)
- Yasho Industries Limited (India)
- Kline & Company (U.S.)
SKU-