Press release
The Global of Emollient Esters Market Is Anticipated to Rise at A CAGR of 6% Over The Forecast Period of 2021 To 2031
As per Fact.MR - a market research and competitive intelligence provider, the market for emollient esters is projected to register a CAGR of 6% over the 2021 to 2031 forecast period. Emollient ester is a chemical ingredient that is widely used in the formulation of cosmetic products. It offers prevention of natural moisture loss from the skin, thereby preventing the evaporation of water from the outer layer of the epidermis. This formulation helps improve smoothness of the skin. Emollient esters are molded through the reaction of a fatty alcohol with carboxylic acids. Growing economies such as BRICs & Middle Eastern countries and increasing ageing population are key reasons for the fast growth of personal care industries. Chemical manufacturers and suppliers are keeping pace with increasing demand for emollient ingredients for hair, skin, oral care, etc.To remain 'ahead' of your competitors, request for a sample -
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Healthy growth of the men's grooming market is also influencing the market to a great extent. Other driving aspects for the market are rising sales of beauty products natural and bio-based personal care products.
Key Takeaways from Market Study
• Global emollient esters market to top US$ 300 Bn by 2031.
• Caprylic/capric triglyceride projected to reach US$ 95 Bn by 2031.
• Isopropyl myristate projected to record above 4% CAGR over next 10 years.
• Market in Europe to hold share of more than 40%.
• Market in India expected to reach valuation of US$ 40 Bn by 2031.
• Market in Germany to record 4% CAGR over forecast period of 2021- 2031.
•
"Demand for emollient esters from cosmetic manufacturers is set to provide thrust to market growth over the coming years," according to a Fact.MR analyst.
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Key Segments Covered in Emollient Esters Industry Research
Source
• Plant-based Emollient Esters
• Shea Butter Emollient Esters
• Cocoa Butter Emollient Esters
• Others
• Animal-Based Emollient Esters
• Paraffin Emollient Esters
Product
• Isopropyl Myristate Emollient Esters
• C12-C15 Alkyl Benzoate Emollient Esters
• Caprylic/Capric Triglyceride Emollient Esters
• Cetyl Palmitate Emollient Esters
• Myristyl Myristate Emollient Esters
• Others
• Isopropyl Palmitate Emollient Esters
• Butyl Oleate Emollient Esters
• Cetyl Acetate Emollient Esters
Form
• Solid Emollient Esters
• Semi-Solid Emollient Esters
• Liquid Emollient Esters
• Powder/Flakes Emollient Esters
Application
• Emollient Esters For Skin Care Products
• Emollient Esters For Hair Care Products
• Emollient Esters For Cosmetic Products
• Emollient Esters For Oral Care Products
Market Competition
Key players are adopting an aggressive approach for establishing a global footprint to ensure their producing capacity is meeting increasing global demand. Companies leverage strategic collaborative initiatives to increase their market share and profitability.
Companies such as BASF SE, Croda International Plc, Evonik Industries AG, and Lubrizol Corporation are market leaders and have a strong presence in Asia Pacific region. These manufacturers have focused on the development of emollient esters with new sources, which may broaden their portfolio and sales. Companies are eyeing emerging consumer and cosmetics market to increase their overall sales.
Key Competitors of Emollient Esters Industry Research
• BASF SE
• RITA Corporation
• Ashland Inc.
• Phoenix Chemical, Inc.
• Croda International Plc
• Lipo Chemicals, Inc.
• Solvay SA
• Abitec Corporation
• PHOENIX CHEMICAL, INC.
• Vantage Specialty Chemicals
• Yasho Industries Pvt., Ltd.
• Lonza Group Ltd.
• Lubrizol Corporation
• Innospec Inc.
• Stepan Company
• Evonik Industries AG
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Key Points Covered in Emollient Esters Industry Survey:
• Market Estimates and Forecasts (2016-2031)
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Assessment by Product Grade / Purity / Formulation Standards
• Brand Share and Market Share Analysis
• Sales of Shea Butter Emollient Esters in 2030
• Demand for Plant-Based Emollient Esters Till 2030
• Key Product Innovations and Regulatory Climate
• Assessment of Import Price, Bulk Price, Contractual Price, Producer / Distributor Price
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