Global Isostearic Acid Market 2024-2028
The isostearic acid market is forecasted to grow by USD 120.28 mn during 2023-2028, accelerating at a CAGR of 7.06% during the forecast period. The report on the isostearic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of isostearic acid in cosmetics and personal care products, rising emphasis on green chemistry, and advancements in production processes of isostearic acid.
Technavio's isostearic acid market is segmented as below:
By Application
- Chemical esters
- Cosmetics
- Lubricants and grease
- Others
By End-user
- Personal care
- Home care
- Food and beverages
- Others
By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
This study identifies the rising demand for bio-based products as one of the prime reasons driving the isostearic acid market growth during the next few years. Also, growing urbanization and rising disposable incomes and expanding applications of isostearic acid in plastic industry will lead to sizable demand in the market.
The report on the isostearic acid market covers the following areas:
- Isostearic acid market sizing
- Isostearic acid market forecast
- Isostearic acid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading isostearic acid market vendors that include ATAMAN Kimya AS, AVRIL SCA, BASF SE, CREMER OLEO GmbH and Co. KG, Croda International Plc, DL Chemical, Emery Oleochemicals Group, Kokyu Alcohol Kogyo Co. Ltd., Kuala Lumpur Kepong Berhad, Merck KGaA, Nippon Fine Chemical Co. Ltd., Nissan Chemical Corp., Santa Cruz Biotechnology Inc., SpecialChem S.A., SysKem Chemie GmbH, The Procter and Gamble Co., Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., Vantage Specialty Chemicals, and Kao Corp. Also, the isostearic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.