Global Isostearic Acid Market Will Reach USD 920 million by 2025: Zion Market Research

New York, NY, May 21, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Isostearic Acid Market by Applications (Personal Care, Chemical Esters, Lubricants & Greases, Cosmetics and Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2025”. According to the report, the global isostearic acid market was valued at around USD 535 million in 2017 and is anticipated to reach approximately USD 920 Million by 2025, growing at CAGR 7% between 2017 and 2025. 

Isostearic acid are a liquid fatty acid compound, characteristically lightly branched, produced on reaction with oleic acid and other mineral catalysts. They are commonly used in synthesizing methyl branched poly-hydroalkanoates, silver nanoparticles and biosurfactants. Isostearic acids are commonly used in making personal care product formulations and functions both as an emolument and co-emulsifier. Other common applications of the Isostearic acid include skin creams, lotions, moisturizing creams, color cosmetics, shower gel and sunscreens gels. Besides they are used in manufacturing lubricants, paints, adhesives, solvents etc.  

Browse through 71 Tables & 37 Figures spread over 110 Pages and in-depth TOC on "Global Isostearic Acid Market Size, Share 2017: Industry Applications Trends Analysis and Forecast, 2025”.

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Isostearic acid characteristically shows resistance to ultraviolet rays. As a result, they are widely used in manufacturing cosmetics such as lipsticks, lip gloss, sunscreens, and other personal care products.  Isostearyle isostearate, isopropyl isostearate, and glycerol tri-methylolpropane tri-isostearate are some of the common forms of isostearic acid manufactured as chemical esters. These compounds are commonly used in manufacturing pigments, water repellents, polymers, plasticizers, and solubilizers. Isostearic acids are most commonly known for their molecular stability. Majority of their applications are determined in terms of their thermal stability, oxidation stability, and odor stability. 

The global Isostearic acid market is mainly classified in terms of applications. The market is bifurcated in terms of applications, as personal care, chemical esters, lubricants & greases, cosmetics and other. Rising demand for x is likely to drive chemical esters segment for the forecast period. Expanding personal care products market in developing economies specifically India and China are likely to drive isostearic acid market globally. Moreover, personal care segment is likely to register highest CAGR for the forecasted period 2017-2025. 

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North America is a major market for the isostearic acid market in terms of revenue generation. Growth in isostearic acid market is aided by already thriving personal care and cosmetics sector. According to International Trade Center (ITC), a joint agency of World Trade Organization and the United Nations, over 35% of global organic personal care products demand comes from North America. The United States alone post a growth of CAGR 10.2% in organic personal care products segment in 2017 according to ITC. North America also dominates global bio-lubricants market with highest CAGR 7% through 2018. The growth is largely driven by rising research expenditure, government initiatives towards sustainable transportation, and presence of major lubricant manufacturers in the region.  

Europe is amongst the leading revenue generating markets for isostearic acid. Isostearic acid sales across Europe are largely driven by thriving cosmetics and personal care products market. According to Cosmetic Toiletry & Perfumery Association (CTPA) Limited, cosmetics market in Europe in 2016 was estimated to be $92billion. Furthermore, Europe holds the largest consumer base for cosmetic and personal care products in the world, with an estimated 500 million consumers according to CTPA. Germany, UK, France, and Italy are some of the leading markets for personal care and cosmetic products in Europe. Isostearic acids are also used in manufacturing lubricants to be used in automobiles. Europe is a major automotive industry of the world, contributing 21% of the global car production in 2017 according to European Automobile Manufacturers Association (EAMA). European Automobile sector is forecasted to rise by an average 1.4% YoY till 2019. Thriving personal care, cosmetic industry and automobile market in Europe will aid isostearic acid market for the forecast period.

Browse the full "Isostearic Acid Market by Applications (Personal Care, Chemical Esters, Lubricants & Greases, Cosmetics and Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2025" report at https://www.zionmarketresearch.com/report/isostearic-acid-market

Key players within the Isostearic acid market are, Sanata Cruz Biotechnology Pvt Ltd., Sigma-Aldrich Inc., SysKem Chemie Ltd., Oleo Solutions Ltd., Lipo Chemicals Pvt Ltd., BOC Sciences APP., Foreverst Resources Ltd., Croda International Plc., Kraton Corporation., and Jarcem Industries Inc. 

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The report segments global isostearic acid market as follows:

Isostearic Acid Market: Application Segment Analysis

• Personal Products
• Chemical Esters
• Lubricants & Greases
• Cosmetics
• Others

Isostearic Acid Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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