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Hydrogenated C6-14 Olefin Polymers Market to Undertake Strapping Growth During 2017 - 2025
Hydrogenated C6-14 olefin polymers contain 6 to 14 carbon atoms in its structure with series of low molecular weight polymers especially of olefin monomers. The functions of the molecules include skin conditioning agent, viscosity controlling agent, emollient, viscosity increasing agent, etc. The compound used in beauty & personal care products such as lip liner, foundation, facial moisturizer, blush, eye cream & treatment, anti-aging products, etc. The global hydrogenated C6-14 olefin polymers market is expected to grow at a significant growth rate, attributed to high demand for the compound in the product across the pharmaceutical, cosmetics, and personal care industries.
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Global Hydrogenated C6-14 Olefin Polymers Market: Dynamics
Growing industries such as beauty & personal care and pharmaceutical are expected to fuel the global hydrogenated C6-14 olefin polymers market over the forecast period. The conditioning or emollient effect of hydrogenated C6-14 olefin polymers in skin and hair care products is expected to create a positive effect on its market in the beauty & personal care segment. Merger & acquisition among the end-user companies such as Proctor and Gamble Co., Pfizer Inc., Univar Inc., etc. and hydrogenated C6-14 olefin polymers suppliers are the trending factor in global hydrogenated C6-14 olefin polymers market over the forecast period. Whereas, the high cost of hydrogenated C6-14 olefin polymers is expected to restrain its growth in developing economies such as the Middle East and Africa and Asia Pacific. Companies manufacturing hydrogenated C6-14 olefin polymers products can leverage potential opportunities in regions such as North America, Europe, and Asia Pacific.
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Global Hydrogenated C6-14 Olefin Polymers Market: Segmentation
The global hydrogenated C6-14 olefin polymers market is segmented on the basis of application, end-use industry, and region. Among the application segments, skin conditioning agent segment is expected to dominate the global hydrogenated C6-14 olefin polymers market, attributed to high demand for the ingredient in skin care products which have relatively high demand across the globe. On the basis of end-use industry, cosmetic and personal care industry segment is expected to dominate the global hydrogenated C6-14 olefin polymers market. Whereas, pharmaceutical industry segment is expected to expand at a significant growth rate over the forecast period in global hydrogenated C6-14 olefin polymers market.
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Global Hydrogenated C6-14 Olefin Polymers Market: Key Players
Some of the players identified in the global hydrogenated C6-14 olefin polymers market include ExxonMobil Chemical, The Innovation Company, Beijing HuaMeiHuLiBiological Chemical, The Good Scents Company, Coast Southwest, Inc., Thornley Company, and Sino Lion (USA), Ltd.
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