Isobutyl Stearate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
Isobutyl stearates are stearate esters that are oily liquids or waxy solids. Isobutyl stearate is known with many chemical names such as isobutyl ester, 2-methylpropyl ester, octadecanoic acid, and Kessco IBS. Isobutyl stearate has molecular weight of 340.592 g/mol. It is an ester made of combination of isobutyl alcohol and stearic acid. Stearic acid is found in animal and vegetable fats. Low viscosity and oily nature of stearate esters helps in the formation of non-greasy hydrophobic film when applied to lips or skin. Isobutyl stearate esters are majorly used in cosmetics and personal care products. Stearate esters primarily act as lubricants on the skin surface due to their oily or waxy property. This gives skin a soft and smoothening appearance. Isobutyl stearate content when applied on skin in form of skin cosmetics forms a thin coating . Thus, isobutyl stearate acts as a skin conditioning agent. It is used during the formulation of eye makeup, lipstick, and skin makeup. Isobutyl stearate is used in other applications in metalworking and industrial segments due to its lubricant nature. Rise in demand for personal care products and bio-lubricants in the metal working industry is one of the key drivers of the isobutyl stearate market.
Based on application, the isobutyl stearate market can be segmented into personal care & cosmetics, metal working, and industrial. Personal care & cosmetics contributed significant share of the isobutyl stearate market in 2016. It is likely to remain the dominant segment during the forecast period. Rise in usage of bio-esters in formulation of personal care and cosmetics products and increase in usage of personal care & cosmetics products across the globe are the prominent factors expected to drive the isobutyl stearate market between 2017 and 2025. The metal working segment is also expected to exhibit moderate growth during the forecast period. The metal working fluid segment is highly fragmented owing to the presence of a large number of metal working fluid manufacturers across the regions. Furthermore, awareness related to use of bio-lubricants in metal working fluid is less among small scale manufacturers. This is likely to hamper the demand for isobutyl stearate in the metal working segment.
In terms of region, Asia Pacific dominated the isobutyl stearate market in 2016. It is likely to remain the dominant region during the forecast period. Rise in demand for isobutyl stearate in personal care and metal working industries, especially in countries such as China and Japan, is boosting the isobutyl stearate market in Asia Pacific. It is a densely populated region in the world; India and China account for 1/6th of the global population. Thus, there exists high demand for personal care and cosmetics products in the region. Additionally, large number of manufacturing companies operate in Asia Pacific, especially in India, China, Japan, and South Korea. High amount of metal working fluids is constantly used in these countries. These are the major factors anticipated to contribute to the demand for isobutyl stearate. The market in Asia Pacific is also anticipated to exhibit significant CAGR compared to that in other regions during the forecast period. The market in Europe, followed by that in North America, is expected to expand at a moderate pace during the forecast period. Increase in awareness related bio-esters and bio-lubricants in these regions is the key factor anticipated to drive the demand for isobutyl stearate during the forecast period.
Major players operating in the global market include Oleon NV,
Industrial Quimica Lasem SA, Hangzhou DayangChem Co. Ltd., Emery
Oleochemicals, Mosselman S.a., A&A, and Fratelli Parodi Spa.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Chemicals
ChemicalsChinese Markets for Container Coatings
ChemicalsChinese Markets for Antioxidants
ChemicalsChinese Markets for Silicone Coatings
ChemicalsChinese Markets for Absorbents
Chemicals and MaterialsGlobal Market Study on Sodium Cyanide: Upswing in Mining Activities Boosting Sales Prospects