Global Isobutyl Stearate Market – Industry Trends and Forecast to 2030

Global Isobutyl Stearate Market, By Type (Liquid, Powder, Adhesives), Application (Lubricants, Cosmetics, Inks, Soaps, Coatings, Polishes, Ointments, Cable Materials, Artificial Leather, Rolled Film, Flavoring Agent, Solvent, Others), Form (Oily Liquid, Waxy Solid), Grade (Technical Grade (40-60%), Cosmetic/Pharma Grade (

Isobutyl Stearate Market Analysis and Size

The essential factors contributing to the growth of the isobutyl stearate market in the forecast period of 2023 to 2020 include the increasing usage of isobutyl stearate as a lubricant in cosmetics and personal care items and growing interest of the population for personal grooming. The growing disposable income of people is significantly driving the market’s growth. The demand for isobutyl is rising in various industries such as pharmaceuticals & healthcare, metalworking, plastic processing, and textile and apparel.

Data Bridge Market Research analyses that the isobutyl stearate market which was USD 152 billion in 2022, is expected to reach USD 221.85 billion by 2030, growing at a CAGR of 4.84% 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.

Isobutyl Stearate Market Scope and Segmentation

Market Definition

Isobutyl stearates refer to the stearate esters which are oily liquids and waxy solids. Isobutyl esters are a type of ester made from the combination of isobutyl alcohol and stearic acid. Animal and vegetable fats are the major sources of stearic acid. Stearate esters have low viscosity and oily nature which helps them for the formation of non-greasy hydrophobic when it is used for cosmetics and personal care. Isobutyl stearate is widely used in cosmetics and personal care industries and other industries.

Global Isobutyl Stearate Market Dynamics

Drivers

• Increasing demand for cosmetics and personal care

Isobutyl stearate is majorly used in cosmetics and personal care. Isobutyl is available in both oily liquid and waxy solid forms which makes it suitable for various applications in the industry. Isobutyl stearate is less toxic due to which it is widely used as an essential ingredient in cosmetics and personal care products. Along with this, stearate esters have low viscosity and are oily which caters a number of demands in the industry. Thus, the increasing demand for isobutyl in cosmetics and personal care is driving the market’s growth.

• Increasing the use of metal lubricating

The use of isobutyl stearate has increased in metal lubricating applications due to the excellent lubricating properties of isobutyl stearate. It is very efficient for metal lubricating as it improves the lubricity of various metals such as copper, steel, and aluminium. The excellent lubricity of isobutyl stearate is widely opted by the metal lubricating market players over others which is driving the market’s growth.

Opportunities

• Increasing use in the pharmaceutical & healthcare sector

The pharmaceutical & healthcare sector is widely using isobutyl stearate for application to body surfaces. Isobutyl stearate is widely used in the form of creams, gels, lotions, and ointments. The population is growing rapidly and the number of diseases, allergies, and several skin problems are also increasing. With the increase in diseases the use of creams, ointments, and lotions is increasing which is further fuelling the market’s growth.

• Increasing demand in the textile and apparel industry

The usage of isobutyl stearate is increasing in the textile & apparel industry. In the textile and apparel industry isobutyl stearate is used as inks and dyes which are further used for staining and printing wool, viscose rayon, leather, and cotton. It further uses a reducing agent to make it soluble. The demand for textiles is increasing globally as the living standards of people are increasing, therefore fuelling the market’s growth. 

Restraints/Challenges

• Availability of substitute to isobutyl stearate

There are several alternatives to isobutyl stearate such as myristic acid, lauric acid, stearic acid, oleic acid, coconut fatty acid, palmitic acid, and others. As there are several alternatives and these alternates have large availability in the market. Along with this, the cost of all these alternatives is also less, the less cost is attracting several audiences to these alternatives. In addition, all these alternates have more usage in pharmaceutical, textile & apparel, and other industries. Thus the availability of several substitutes is hindering the market’s growth.

• Strict rules and harmful effects on manufacturing

Strict environmental rules and regulations are there for the manufacturing of isobutyl stearate which is a major challenge to hinder the growth of the isobutyl stearate market. The manufacturing of isobutyl stearate uses several hazardous chemical compounds which can cause skin irritation, burning sensation, and irritation to the respiratory system. Thus the rules and harmful effects manufacturing of isobutyl stearate are significantly restraining the market’s growth

This isobutyl stearate 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 isobutyl stearate 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.

Global Isobutyl Stearate Market Scope

The isobutyl stearate market is segmented on the basis type, application, form, grade 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

• Liquid
• Powder
• Adhesives
• One-Component Epoxy Adhesives
• Two-Component Epoxy Adhesives
• Other Epoxy Adhesives

Application

• Lubricants
• Cosmetics
• Inks
• Soaps
• Coatings
• Polishes
• Ointments
• Cable Materials
• Artificial Leather
• Rolled Film
• Flavouring Agent
• Solvent
• Others

Form

• Oily Liquid
• Waxy Solid

Grade

• Technical Grade (40-60%)
• Cosmetic/Pharma Grade (<99%)

End User

• Pharmaceuticals and  Healthcare
• Personal Care
• Metal Working
• Plastic Processing
• Textile and Apparel
• Rubber
• Industrial
• Electrical and Electronics
• Packaging
• Automotive
• Others

Global Isobutyl Stearate Market Regional Analysis/Insights

The isobutyl stearate market is analysed and market size insights and trends are provided by type, application, form, grade and end user as referenced above.

The countries covered in the isobutyl stearate 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.

Asia-Pacific dominates the isobutyl stearate as the region constitutes number of end-use industries such as cosmetics & personal care, pharmaceuticals, textile, etc. The countries in the region such as Japan, Singapore, South Korea, Hong Kong, and China are among the top 10 global cosmetics exporters which drives the market’s growth in the region.

North America is expected to grow during the forecast period of 2023 to 2030 due to surging demand in textile industry owing to the extraordinary living standards in most of the countries in the region. Along with the increasing demand in the pharmaceutical and health sector is further propelling the market’s growth in the 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 Isobutyl Stearate Market Share Analysis

The isobutyl stearate 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 isobutyl stearate market.

Some of the major players operating in the isobutyl stearate market are:

• Emery Oleochemicals (U.S.)
• Oleon NV (Belgium)
• A&A Fratelli Parodi S.p.A (Italy)
• Industrial Quimica Lasem S.A.U. (Spain)
• DAYANG CHEM (HANGZHOU) CO., LTD (China)
• MOSSELMAN. (Belgium)
• Dow (U.S.)
• 3M (U.S.)
• Huntsman International LLC. (U.S.)
• Ashland (U.S.)
• Fine Organic Industries Limited (India)
• Merck KGaA, Darmstadt (Germany)
• BASF SE (Germany)
• Evonik Industries AG (Germany)  
• Eastman Chemical Company (U.S.)
• Exxon Mobil Corporation. (U.S.)
• Nouryon (Netherlands)