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Aluminium Lanolate Market Insight and Global Outlook 2019-2026

11-25-2019 02:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Aluminium Lanolate Market Insight and Global Outlook 2019-2026

Aluminium lanolate is a chemical product (aluminium salt of lanolin acid), which is in the class of specialty chemicals. Aluminium lanolate is used as an emulsifier, surfactant and acid. Due to the properties and functions of aluminium lanolate, it is widely used in the cosmetic industry. Aluminium lionate is also known as lanolin acid, aluminium salt and lanolin. As it is a remunerative cosmetic product, the outlook for aluminium lanolate in the global market is predicted to remain positive. The demand for aluminium lanolate for the manufacturing of cosmetic products is higher in China and the U.S., however, it is increasing across the world. Moreover, the increasing awareness about personal care and beauty products has fuelled the demand for aluminium lanolate over the past few years.

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The applications of aluminium lanolate in the cosmetic industry

Aluminium lanolate has several applications in the cosmetic industry as it acts as an anti-caking agent, viscosity-controlling agent, emulsifying agent, emulsion stabiliser and surfactant. Owing to these factors, aluminium lanolate is widely used in the manufacturing of cosmetic products and personal care products. In addition, it helps convert two immiscible liquids into a homogeneous solution, which helps stabilise the product. Due to the above-mentioned factors, the aluminium lanolate market is expected to witness significant growth during the forecast period.

Global Aluminium Lanolate Market: Key Players

Some of the key players of the aluminium lanolate market, which include the manufacturers and suppliers of aluminium lanolate (lanolin acid), include Zhejiang Garden Biochemical High-Tech Co.; NK Ingredients Pte Ltd.; Suzhou Fanrong Biotechnology Co., Ltd.; Lanco S.A.; Chemos GmbH & Co. KG; Hangzhou Dayangchem Co. Ltd.; Kinbester Co., Ltd.; Simagchem Corporation; Hangzhou J&H Chemical Co., Ltd.; Salsbury Chemicals, Inc.; Leap Labchem Co., Ltd.; FINIPHARMA LIMITED and Xiamen Aeco Chemical Industrial Co., Ltd. In addition to these, several manufacturers and industrialists have been showing a keen interest in the manufacturing of aluminium lanolate.

There are only a few manufacturers of aluminium lanolate in the world, however, the demand for aluminium lanolate is much higher if we consider the usage of aluminium lanolate in personal care or cosmetic products. Hence, the manufacturers of aluminium lanolate are expected to witness significant growth during the forecast period.
Opportunities for Market Participants:

Awareness about the importance of grooming is increasing significantly due to urbanisation, and an increasing number of people around the world are using different cosmetic products to improve their appearance, which is boosting the global demand for cosmetic products. This is proportionately boosting the demand for aluminium lanolate. In addition, aluminium lanolate has various applications as an emulsifier in soaps & detergents and as a surfactant due to the above-mentioned factors, which is expected to considerably boost the demand for aluminium lanolate during the forecast period. The extensive usage of cosmetic products across the world is expected to create significant growth opportunities for the manufacturers of aluminium lanolate during the forecast period.

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Global Aluminium Lanolate Market: A Regional Outlook

Aluminium lanolate has significant demand across the world due to its growing applications in cosmetic products. Globally, among all the regions, large quantities of aluminium lanolate are manufactured in the U.S. and China. In North America, aluminium lanolate is widely used in the manufacturing healthcare products as the demand for the same is high in the region. In Asia Pacific, the increasing demand for aluminium lanolate in the cosmetic industry has contributed to the growth of the aluminium lanolate market. In the Middle East, the demand for cosmetics is much higher as compared to Africa. Increase in the demand for cosmetics is proportionately boosting the demand for aluminium lanolate. Owing to the above-mentioned factors, the global aluminium lanolate market is expected to witness significant growth during the coming years.

Transparency Market Research (TMR) is leader in analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence

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