Lanolin Market Size & Share - Industry Trends and Forecast 2017 - 2025

The report analyzes and presents an overview of "Lanolin Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Lanolin" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Lanolin, popularly known as wool wax or wool grease, is a wax secreted by the sebaceous glands of wool bearing animals. Lanolin consists of sterol esters. It is estimated that there are around 10,000 to 20,000 different types of sterol esters present in lanolin. Lanolin possess a waterproofing property, which helps sheep to repel water from their fur. Thus, a major role of lanolin is to protect the wool and skin of sheep from climatic conditions. Lanolin and its derivatives are primarily used in skin treatment and protection in humans. In terms of composition, high purity grade of lanolin is typically composed of a large proportion of long chain waxy esters while the remaining portion consists of lanolin acids, lanolin alcohols, and lanolin hydrocarbons. Lanolin is mixture of various esters, alcohols, and fatty acids. Increasing population across the world and rising usage of cosmetics are the major drivers that are anticipated to drive the lanolin market during the forecast period.

In terms of application, the lanolin market can be segmented into personal care & cosmetics, pharmaceuticals, baby care products, industrial, and others (includes furniture polish, fabric softener etc.). The personal care & cosmetics segment was a major application segment of the global lanolin market in 2016. It is likely to remain the dominant segment in the market during the forecast period. Lanolin is widely employed in making soaps, shampoos, skincare products, lip gloss, etc. Lanolin has superior moisturizing properties for dry skin, as it holds water on the skin, due to which it becomes smooth. This the major factor which is estimated to drive the demand for lanolin in the personal care and cosmetics industry. The personal care & cosmetics segment is anticipated to expand at a significant CAGR during forecast period. Pharmaceutical is also a major application segment after the personal care & cosmetics segment, where lanolin and its derivatives are prominently utilized. It is considered as a key ingredient for the treatment of dry skin. Lanolin helps to reduced itching, scaling related to dry skin. Rise in skin-related diseases due to pollution and increase in number of pharmaceutical companies are major factors that are projected to fuel the demand for lanolin during the forecast period. Lanolin products are also employed in industrial applications, especially in marine environment where water resistance is a desirable property. Many boat owners utilize lanolin to coat the bottom of their vessels to protect them from mold and fungus.

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In terms of region, Asia Pacific is likely to be a leading segment in terms of volume and revenue. It is likely to remain the dominant market during the forecast period. Expanding healthcare and pharmaceutical industries in Asia Pacific, followed by the rise in need and awareness of skin treatments in this region have contributed to the increased usage of lanolin. China and India are considered to be key markets for lanolin products, as they are the most populous countries not only in Asia Pacific but across the world. North America and Europe are mature markets for lanolin products and are expected to expand at moderate growth rate during the forecast period. Rise in usage of bio-based products to comply with stringent government norms is estimated to drive the market.

The global lanolin market is highly fragmented with the presence of many global and local players in the market. Currently, the industry is characterized by many new entrants who are seeking opportunities to tap the local market. Major manufacturers operating in the global lanolin market include Nippon Fine Chemical, Lubrizol Corporation, NK Ingredients Pte Ltd., Barentz Group, Lanotec, Lansinoh, Rolex lanolin and Lanolin Industria Quimica Del Centro S.A De Cv Mexico, and Jiangsu Winpool Industrial Co., Ltd.

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.

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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

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