Rising demand for isostearyl alcohol as an ingredient in personal care products and cosmetics is expected to boost growth of the global isostearyl alcohol market over the forecast period of 2020 to 2030. However, increasing demand for multifunctional personal care ingredients and development of natural ingredients for anti-aging skin care products are major challenges likely to affect the global isostearyl alcohol market. Isostearyl alcohol is basically derived from isostearic acid, and globally, 16%–18% of isostearic acid produced is captively consumed for the production of isostearyl alcohol. However, isostearic acid producers are moving toward development of environmentally-friendly emollients and surfactants, which could reduce the percentage of conversion of isostearyl acid into isostearyl alcohol over the coming years.
To remain ‘ahead’ of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/11617
The global isostearyl alcohol market is projected to expand at a CAGR of 4.5% over the next decade, expanding 1.6X by 2030.
Key Takeaways from Isostearyl Alcohol Market Study
- On the basis of application, the emollients and solvents segments collectively hold a bulk of the share of global isostearyl alcohol market.
- On the basis of end use, the personal care segment is currently the most prominent segment in this market in terms of volume, while the cosmetics segment is expected to gain traction over the forecast period due to rising demand for anti-aging products.
- Increasing per capita consumer expenditure on personal care and cosmetic products and growing demand for skin care products across Asia Pacific, especially China, are some of the factors driving demand for anti-aging products, in turn, anticipated to boost the growth of the isostearyl alcohol market in the region.
- Due to the COVID-19 pandemic, decreased demand from industries such as cosmetics and personal care products will hamper the progress of the global isostearyl alcohol space.
To connect with our sales representative@ sales@persistencemarketresearch.com
Isostearyl Alcohol Market Landscape
Croda International Plc., Oleon N.V (Avril Group), Jarchem Industries Inc., and Nissan Chemicals America Corporation are the top producers of isostearyl alcohol. While isostearic acid is the basic raw material for the production of isostearyl alcohol, most producers are shifting their production to other isostearic acid derivatives due to the monotonic properties of isostearyl alcohol as compared to other fatty alcohols.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/11617
About Us: Persistence Market Research
Contact Us:
Persistence Market Research
USA
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com