Press release
Persistence Market Research Estimates Global Isostearyl Alcohol Market to be Pegged at 15,170.4 Tons in 2016
Request to Sample Report @ https://www.persistencemarketresearch.com/samples/11617
A rising demand for isostearyl alcohol as an ingredient in personal care products and cosmetics is expected to boost growth of the isostearyl alcohol market over the forecast period. 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 production of isostearyl alcohol. However, isostearic acid producers are moving towards development of environmentally friendly emollients and surfactants, which could reduce the percentage of conversion of isostearyl acid into isostearyl alcohol over the forecast period. The report focuses on the key drivers and trends likely to impact the global isostearyl alcohol market over the forecast period.
The global isostearyl alcohol market is segmented on the basis of application, end use, and region. On the basis of application, the emollient and solvent segments collectively accounted for 49.5% share of global consumption of isostearyl alcohol in 2015 and are expected to exhibit CAGRs of 3.9% and 3.5% respectively over the forecast period. The glossing agent and dispersing agent segments collectively accounted for 28.0% share of global consumption of isostearic alcohol in 2015 and are expected to exhibit CAGRs of 4.4% and 3.9% respectively over the forecast period. On the basis of end use, personal care 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 a rising demand for anti-aging products. Increasing per capita consumer expenditure on personal care and cosmetics products and a growing demand for skin care products in the Asia Pacific geography especially in China are some of the factors driving demand for anti-aging products, in turn anticipated to boost growth of the isostearyl alcohol market.
By region, the market is segmented into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The Europe and North America markets collectively accounted for 57.5% share of global consumption of isostearyl alcohol in 2015 and are expected to exhibit CAGRs of 3.0% and 2.5% respectively over the forecast period. Asia Pacific accounted for 22.4% share of global consumption of isostearyl alcohol in 2015 and is expected to exhibit a CAGR of 4.2% over the forecast period to account for 24.0% share by the end of 2024. Latin America accounted for 15.2% share of global consumption of isostearyl alcohol in 2015 and is expected to exhibit a CAGR of 3.7% over the forecast period to account for 15.9% share by the end of 2024.
Request Report TOC @ https://www.persistencemarketresearch.com/market-research/isostearyl-alcohol-market/toc
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.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Persistence Market Research Estimates Global Isostearyl Alcohol Market to be Pegged at 15,170.4 Tons in 2016 here
News-ID: 1497282 • Views: …
More Releases from Persistence Market Research
Europe Textile Recycling Market to Reach US$ 2,966.5 Mn by 2032: Growth Driven b …
The Europe textile recycling market is undergoing a remarkable transformation as the region embraces sustainability, circular economy practices, and eco-conscious consumer behavior. Textile recycling-once a niche concept-has now become an integral part of Europe's strategy to reduce waste, conserve resources, and promote ethical fashion. Driven by government initiatives, growing awareness of textile waste's environmental impact, and technological innovation, the market is poised for steady growth in the coming years.
According to…
Agricultural Microbial Market to Reach US$ 17.47 Bn by 2032: Growth Driven by Su …
The agricultural microbial market is gaining remarkable traction as global farming practices shift toward sustainability, efficiency, and soil health improvement. Microbials-comprising beneficial bacteria, fungi, viruses, and protozoa-play a vital role in promoting plant growth, enhancing nutrient uptake, and protecting crops from diseases. With the world facing mounting pressure to increase agricultural productivity while minimizing environmental impact, microbial-based products are emerging as essential tools for modern agriculture.
According to the latest study…
Pine-derived Chemicals Market to Reach US$ 8.7 Bn by 2032, Driven by Rising Dema …
The global pine-derived chemicals market is witnessing steady growth as industries increasingly shift toward bio-based, renewable, and sustainable raw materials. Derived from pine trees, these chemicals-such as rosin, turpentine, and tall oil-are used in a variety of industrial and consumer applications, ranging from adhesives and coatings to food, pharmaceuticals, and personal care products. With growing awareness about environmental sustainability and the circular economy, pine-derived chemicals are gaining prominence as natural…
Bio-succinic Acid Market to Reach US$ 415.3 Mn by 2032: Growth Driven by Rising …
The bio-succinic acid market is rapidly emerging as a key component of the global bio-based chemical industry, owing to its versatile applications and sustainable production process. Bio-succinic acid, derived from renewable feedstocks such as sugar, corn, and agricultural waste, serves as a sustainable alternative to petrochemical-based succinic acid. Its eco-friendly nature, combined with rising concerns over carbon emissions and fossil fuel depletion, has made it increasingly popular across multiple industries.
According…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
