Press release
Isobutyl Stearate Market Analysis, Segments, Growth and Value Chain 2017-2025
Global Isobutyl Stearate Market: Drivers and Restraints
The global isobutyl stearate market is dependent on the supply & demand of end-use industries, and the raw materials. Stearic acid is the main raw material which is obtained from vegetable and animal fats, any fluctuations in the supply of steric acid have a direct effect on the isobutyl stearate manufacturers. Also, the substitutes for isobutyl stearate is butyl stearate itself, which can also be used for the same application wherein isobutyl stearate is used and thus restricts the market to some extent. The personal care and cosmetic manufacturers are the chief customers for isobutyl stearate chemical and their growth basically drives the isobutyl stearate consumption rate. Further, the factors which indirectly supports the cosmetic & personal care manufacturers’ growth is the rising disposable income of individuals, urbanisation & development of megacities, demographic trends, penetration of premiumisation.
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Global Isobutyl Stearate Market: Segmentation
On the basis of application, isobutyl stearate market can be segmented as follows:-
Lubricants
Cosmetics
Coatings
Polishes
Others (Inks, rubber manufacture)
On the basis of end use industry, isobutyl stearate market can be segmented as follows:-
Personal Care
Metal Working
Plastic Processing
Others
Global Isobutyl Stearate Market: Region wise Outlook
The global isobutyl stearate market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). The isobutyl stearate market in APEJ region is expected to grow at healthy CAGR owing to growing penetration of cosmetic industry, urbanisation etc. The isobutyl stearate market in North America and European countries is matured and expected to grow at a stable rate. The retail evolution in MEA coupled with growing tendency of people towards use of cosmetics boosts the isobutyl stearate market in MEA to some extent. Slow economic growth in Brazil, Mexico and other countries of Latin America restricts the growth of isobutyl stearate market.
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Global Isobutyl Stearate Market: Key Players
Some of the key players identified in the global isobutyl stearate market include:
Sigma-Aldrich Co. LLC.
A&A Fratelli Parodi Spa
Emery Oleochemicals
Fine Organics Ltd.
Industrial Química Lasem SA
Oleon NV
Hangzhou DayangChem Co., Limited
Faci S.p.A.
Mosselman S.a.
Haihang Industry Co., Ltd.
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