The global isobutyl stearate market was valued US$ 116.23 Bn in 2019 and is expected to reach US$ XXX.2 Bn by 2027, at a CAGR of 5.5% during a forecast period.
Global Isobutyl Stearate Market
Market Definition:
Isobutyl stearate is famous as a type of stearate ester, present in waxy and oily liquid form and also available in solid form, it is further produced by reacting R-alcohol and stearic acid together in both the available form, forming isobutyl stearate which is alike to butyl stearate but differs melting and pour temperature. And offers crucial application in the formulation of skincare, makeup products, lipstick, perfumes, and others.
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Market Drivers and Restraints:
The growth of the market is reliable on the huge demand for the excellent functionality of the product together with the huge demand and supply of present key manufacturer expected to drive the overall market growth by the end of 2027. Bending interest of the growing population and personal grooming is considered as the major factor for market growth owing to the suitable physical and chemical property of the product. Thus, cosmetics and personal care products makers are the crucial applicant for the targeted materials and growth in the same industry is main factor to lift the global isobutyl stearate market. Additionally, the influences which secondarily help the personal care and cosmetic producers’ evolution is result of growing disposable income of growing population, urbanisation and growth of developed cities and awareness amongst the emerging population.
Furthermore, textile industries are also expected to boost the market demand in the coming years. Various type of isobutyl stearate powder, liquid fulfilling all the needs and attracting the vendors, in their specific field of use, powder is accepted by cosmetics and others emerging industries. Furthermore, growth in the demand for artificial leather, rubber attractive textile in commercial as well industrials sector and other will majorly contribute to the market growth. Additionally, development in pharmaceuticals industries is broadly participating for the market progress.
Moreover, presence of substitutes and stringent regulation for the activity is expected to hinder the global isobutyl stearate market growth during the forecast period. Also, the fluctuation in raw material costs and transportation system is another factor limiting the targeted market growth.
Isobutyl Stearate Market Segment analysis:
By application, cosmetic and personal care end-user segment is probably expected to develop at a constant rate as it is the leading subdivisions amidst others and projected to secure a share of 42-45% by the end 2027. The key application of isobutyl stearate is witnessed the formulation of lipstick, soaps, polishes, face creams, blushers, liniments, thus the growth in demand for above mentioned sectors is expected to have a positive impact on the demand for isobutyl stearate in the coming years. Furthermore, growing trend of e-commerce amongst budding population across the globe will highly demand for the isobutyl stearate during the forecasted years. Rising interest and demand of bio-esters in preparation of cosmetics and personal care products are considered as the projecting aspects expected to help this market to raise the share in terms of value.
Isobutyl Stearate Market Regional Analysis:
Regionally, Asia Pacific is expected to dominate the isobutyl stearate market and is anticipated to grow at a CAGR of XX % during the forecast period. Emerging regions like India, China, and Japan are documented as the major contributors for the isobutyl stearate market growth in the Asia Pacific region. India, China and Brazil are focusing mainly on improving their infrastructure and promoting their manufacturing industry, like metal working, cosmetics, pharmaceutical, textile, rubber and others growing the demand for the product and ultimately driving the isobutyl stearate market size by 2027. In 2019 market size was calculated US$ XX Bn while in China, market size was valued US$ XX Bn and expected to increase by US$ XX Bn in coming years. Furthermore, recent covid-19 pandemic outbreak will negatively hinder the market growth in Asia Pacific region.
Europe will also generate good growth openings to the overall market in the coming years though, extraordinary living standards from the developed counties will push the market growth in Western Europe.
The objective of the report is to present a comprehensive analysis of the Global Isobutyl Stearate Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Isobutyl Stearate Market dynamics, structure by analyzing the market segments and project the Global Isobutyl Stearate Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Isobutyl Stearate Market make the report investor’s guide.
Scope of Isobutyl Stearate Market
Global Isobutyl Stearate market, By Type
• Powder
• Liquid
Global Isobutyl Stearate market, By Application
• Cosmetics & Personal Care
• Pharmaceuticals
• Cable Materials
• Artificial Leather
• Rolled Film
• Textile
• Rubber
• Other
Global Isobutyl Stearate Market, By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Isobutyl Stearate Market,
• Emery Oleochemicals
• Oleon NV
• FACI SPA
• A&A Fratelli Parodi SPA
• Industrial Quimica Lasem S.A.
• Hangzhou Dayangchem Company Ltd.
• Mosselman S.A.
• Pacific Texchem Pvt. Ltd
• Merck KGaA
• Zhonglan Industry Co.,Ltd
• Emery Oleochemicals
• Mosselman S.a
• A&A
• Fratelli Parodi Spa
• Oleochemicals
• Allan Chemical Corporation
• SAU
• Dow
• 3M
• Huntsman Corporation
• Ashland
• Fine Organics
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: sales@maximizemarketresearch.com
Address: Pune, Maharashtra 411051, India.
Contact: +919607195908
