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Global Isostearic Acid Industry Outlook: Growing Demand of Bio-Lubricants to Drive the Market Growth
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Increasing demand for personal care products to drive the global market
The global isostearic acid market trend includes growing demand of bio-lubricants, increasing demand for personal care products, and increasing end use industries. Though, high cost of isostearic acid may hinder the isostearic acid market growth. Moreover, growing beauty products market coupled with cosmetics worldwide would provide an opportunity for players of market.
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Market Segmentations
The global isostearic acid market is classified into end-use industries, and geography. End-use industries segment includes chemical esters, personal care, lubricant and greases, and other end-use industries. North America (U.S., Mexico, and Canada), Europe (Germany, UK, and Rest of Europe), Asia-Pacific (Japan, China, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.
Chemical esters, by end-use industry dominated the global market in 2016
Chemical esters for the highest market share in 2016 and expected to continue its dominance over the forecast period, 2016– 2024, owing to its application in preparation of cosmetics and perfumes. It is also used as artificial flavours for processed foods, and several other usages in end-use industries.
Europe dominated the global market in 2016
Europe held for the highest market share in 2016 and expected to continue its dominance over the forecast period, 2016– 2024. Increasing demand for personal care owing to growing per capita consumption and increasing export of cosmetic products in region is the driving factor for the growth of the market in Europe.
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Competitive Landscape
Key players are offering innovative products and services to increase their isostearic acid market share. Major players of the market are Jarchem Industries, Inc., Arizona Chemical Company, LLC, Nissan Chemical Industries Ltd., Croda International Plc, Oleon NV, and Emery Oleochemicals, among others.
Scope of the Global Isostearic Acid Market
End-Use Industry Segments
• Chemical Esters
• Personal Care
• Lubricants and Greases
• Other End-User Industries
Geographical Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o Rest of Europe
• Asia-Pacific
o China
o Japan
o Rest of Asia-Pacific
• Rest of the World
o South America
o Middle East
o Africa
Related Topics
1. Global Water Treatment Chemicals Market is estimated to reach $28.7 billion by 2024, Says Variant Market Research
2. Global Wax Market Is Expected to Reach $11.6 Billion, Says Variant Market Research
3. Global Isostearic Acid Market Is Expected to Reach $630 Million, Says Variant Market Research
4. Global Humic Acid Market is Estimated to Reach $1,045 Million By 2024, Says Variant Market Research
5. Global Fluoropolymers Market Is Expected to Reach $10.5 Billion, Says Variant Market Research
6. Global Commercial Roofing Materials Market is Expected to Reach $10 Billion by 2024, Says Variant Market Research
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit @ https://www.variantmarketresearch.com
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