Global Isostearic Acid Market, By Application (Adhesives, Coating and Paintings, Finishing Agents, Sealants, Solvents, Surfactants, Viscosity Adjusters), End-Users (Personal Care, Chemical Esters, Lubricant and Greases, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029
Market Analysis and Insights of Isostearic Acid Market
The isostearic acid market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to rise to USD 998.66 million by 2029 and to grow at a CAGR of 6.3% in the above-mentioned forecast period.
Isistearic acid is a clear yellow liquid fatty acid that results from the reaction of oleic acid with a mineral catalyst. They're a clear, oily liquid that's commonly used as an emulsifiers in personal care and cosmetics. These acids can be used as a binder and a surfactant-cleansing agent. These isostearic acid are used across various end-users for many applications such as the adhesives, coating and paintings, finishing agents, sealants, solvents, surfactants and viscosity adjusters.
The factors such as growing demand for bio-lubricants and increasing consumption of cosmetics and daily use products are the root cause fueling up the market growth rate in the forecast period of 2022 to 2029. It has superior properties such as thermal stability, odor stability and ultraviolet rays resistant properties, and due to these properties the demand of isostearic acid in cosmetics and personal care is likely to boost within the forecast period. In addition to this, the factors expected to cushion the growth of the isostearic acid market in the forecast period are the rising usage of isostearic acid as lubricating agents which will further carve the way for the growth of market. Moreover, the growing demand for bio- ingredients products and rising health awareness and growing popularity of natural products are further expected to cushion the overall market growth in the forecast period of 2022 to 2029. Moreover, the rise in demand for the lubricants and the greases industry are expected to bolster the development of the isostearic acid market. On the other hand, the high cost of the isostearic acid are also projected to hamper market’s overall growth.
Furthermore, the increase in public awareness about health and hygiene and growing environmental safety regulations are estimated to generate numerous opportunities for the market in the forecast period of 2022 to 2029. On the flip side, the numerous alternative solutions, such as palmitic acid, lauric acid, stearic acid, myristic acid, oleic acid, coconut fatty acid, and many more which are abundantly available in the market at lower prices is projected to pose as a major challenge to the growth of the isostearic acid market within the above mentioned forecast period..
This isostearic acid 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, geographical expansions, technological innovations in the market. To gain more info on isostearic acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Isostearic Acid Market Scope and Market Size
The isostearic acid market is segmented on the basis of application and end-users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of application, the isostearic acid market is segmented into adhesives, coating and paintings, finishing agents, sealants, solvents, surfactants and viscosity adjusters.
- On the basis of end-users, the isostearic acid market is segmented into personal care, chemical esters, lubricant and greases and others.
Isostearic Acid Market Country Level Analysis
The isostearic acid market is analyzed and market size, volume information is provided by application and end-users as referenced above.
The countries covered in the isostearic acid 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, Israel, Egypt, South Africa, 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 isostearic acid market owing to the increasing demand for cosmetics products and strict government regulations associated with decreasing the usage of petrochemical based products is expected to enhance the demand for isostearic acids within the region in the forecast period of 2022 to 2029. On the other hand, Asia-Pacific will continue to show lucrative growth within the forecast period due to rise in demand from various end-user industries such as the methyl esters, cosmetics and personal care and lubricants and greases and the demand for isostearic acid has been increasing in the region..
The country section of the isostearic acid market 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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Isostearic Acid Market Share Analysis
The isostearic acid 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 isostearic acid market.
Some of the major players operating in the isostearic acid market report are Jarchem Innovative Ingredients LLC., Croda International Plc, Oleon NV, Parchem fine & specialty chemicals., KOKYU ALCOHOL KOGYO CO., LTD., KLK EMMERICH GmbH, UPICHEM., Foreverest Resources Ltd., Santa Cruz Biotechnology, Inc., Merck KGaA, SysKem Chemie GmbH, BOC Sciences, Vantage Specialty Chemicals and Kraton Corporation among others.
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