Isostearic Acid Market by Application - Global Industry Analysis and Forecast to 2022

Published On : September 2017 Pages : 80 Category: Renewable Chemicals Report Code : CM09235

Industry Outlook and Trend Analysis

The Isostearic Acid market was valued around USD 281.67 million in 2014 and is expected to reach roughly USD 492.35 million by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 6.30% during the forecast years. In 2012 the demand of the global isostearic acid market was 46.0 kilo tons. Development of personal care sector specifically in upcoming markets of Latin America and Asia Pacific is anticipated to remain the major factor for boosting the global isostearic acid market. Isostearic acids are a useful ingredient in personal care products due to its oxidation and odor stability. Isostearic acid applications for the products used for personal care are lip color cosmetics, liquid soaps, skin care, bath & shower products, sun protection creams. Isostearic acid is extremely useful as emulsifier and emollient relying on the kind of personal care product that has been manufactured and as cleaning agents. Rising awareness among consumers in regards to utilizing products that are bio-based combined with increasing health issues is anticipated to boost the growth of the market. Rising requirement of natural products due to potential damage caused because of utilization of poisonous specialists delivered by petrochemical items has provoked the utilization of isostearic acid. It incorporates various chemical ester subordinates utilized as a part of individual care and beauty care products items which is one of the factors to fuel the demand of the product. Synthetic esters in light of isostearic acid incorporate ethyl isostearate, pentaerythrityl tetraisostearate, isostearyl isostearate, glycerol monoisostearate, isopropyl isostearate, sorbitan isostearate and trimethylolpropane tri-isostearte. These substances are useful for applications in personal care and cosmetic products as water repellent, adhesion pigment promoters, plasticizer, dispersion, emollient, solubilizer and adhesion pigment promoters.

Application Outlook and Trend Analysis

The dominant application segment was chemical esters that registered for more than 35 percent of the total volume in 2013. They are utilized as components for the production of sun protection creams, skin care, lipsticks, hair care and deodorants. The second largest segment in 2013 was personal care. The fastest developing application segment is said to be lubricants and greases. Rising demand for biodegradable products is anticipated to boost the growth of this market.

Regional Outlook and Trend Analysis

The dominating regional market in 2013 was Europe that represented just beneath 33% of worldwide utilization in 2013. Growing demand for cosmetics in Italy, France and United Kingdom along with the development of personal care sector in countries like Ukraine, Poland and Russia is anticipated to drive the growth of this market significantly. Stringent government controls to decrease reliance on petrochemical-determined items are likewise anticipated that would fuel isostearic acid demand in Europe. Major isostearic acid makers have manufacturing based at European nations which thusly is relied upon to expand advertised development in this area. Considerable demand is anticipated from developing markets of Asia Pacific. Developed countries like India and China are anticipated to encounter high rates of growth on account of rising demand of personal care products.

Competitive Insights

The major companies in the market compete on the grounds of services provided in the market based on applications of cosmetics and bio-lubricants. The key players in the market are Arizona chemicals, Croda International, Olean NV, Jarchem Industries Inc. and Emery Oleochemicals.

The Global isostearic acid market is segmented as follows:

By Application

  • Lubricant and Greases
  • Personal Care
  • Chemical Esters
  • Others

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2022?
  • What will be the industry market growth from 2015 to 2022?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

  • Isostearic Acid Market, By Application, Estimates and Forecast, 2014-2022 ($Million)
    • Lubricant and Greases
    • Personal Care
    • Chemical Esters
    • Other Applications
  • Isostearic Acid Market, By Region, Estimates and Forecast, 2014-2022 ($Million)
    • North America
  • North America Isostearic Acid Market, By Country
  • North America Isostearic Acid Market, By Application
    • U.S. Isostearic Acid Market, By Application
    • Canada Isostearic Acid Market, By Application
    • Mexico Isostearic Acid Market, By Application
    • Europe
  • Europe Isostearic Acid Market, By Country
  • Europe Isostearic Acid Market, By Application
    • Germany Isostearic Acid Market, By Application
    • France Isostearic Acid Market, By Application
    • UK Isostearic Acid Market, By Application
    • Italy Isostearic Acid Market, By Application
    • Spain Isostearic Acid Market, By Application
    • Rest of Europe Isostearic Acid Market, By Application
    • Asia-Pacific
      • Asia-Pacific Isostearic Acid Market, By Country
      • Asia-Pacific Isostearic Acid Market, By Application
        • Japan Isostearic Acid Market, By Application
        • Australia Isostearic Acid Market, By Application
        • India Isostearic Acid Market, By Application
        • South Korea Isostearic Acid Market, By Application
        • Rest of Asia-Pacific Isostearic Acid Market, By Application
    • Rest of the World
      • Rest of the World Isostearic Acid Market, By Country
      • Rest of the World Isostearic Acid Market, By Application
        • Brazil Isostearic Acid Market, By Application
        • South Africa Isostearic Acid Market, By Application
        • Saudi Arabia Isostearic Acid Market, By Application
        • Turkey Isostearic Acid Market, By Application
        • United Arab Emirates Isostearic Acid Market, By Application
        • Others Isostearic Acid Market, By Application

Table of Contents

1.Introduction

1.1.Report Description

1.2.Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2.Executive Summary

2.1.Key Highlights

3.Market Overview

3.1.Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2.Market Share Analysis

3.3.Market Dynamics

3.3.1. Drivers

3.3.1.1.Rising demand of bio-lubricants

3.3.1.2.Increasing demand of personal care product

3.3.2. Restraints

3.3.2.1.High price of isostearic acid

3.3.3. Opportunities

3.3.3.1.Development of Advanced bio-lubricants demand

3.4.Industry Trends

4.Isostearic Acid Market, By Application

4.1.Introduction

4.2.Isostearic Acid Market Assessment and Forecast, By Application, 2014-2022

4.3.Lubricant and Greases

4.3.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)

4.4.Personal Care

4.4.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)

4.5.Chemical Esters

4.5.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)

4.6.Other Applications

4.6.1.1.Market Assessment and Forecast, By Region, 2014-2022 ($Million)

5.Isostearic Acid Market, By Region

5.1.Introduction

5.2.Isostearic Acid Market Assessment and Forecast, By Region, 2014-2022 ($Million)

5.3.North America

5.3.1. Market Assessment and Forecast, By Country, 2014-2022 ($Million)

5.3.2. Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.3.2.1.U.S.

5.3.2.1.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.3.2.2.Canada

5.3.2.2.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.3.2.3.Mexico

5.3.2.3.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.4.Europe

5.4.1. Market Assessment and Forecast, By Country, 2014-2022 ($Million)

5.4.2. Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.4.2.1.Germany

5.4.2.1.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.4.2.2.France

5.4.2.2.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.4.2.3.UK

5.4.2.3.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.4.2.4.Italy

5.4.2.4.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.4.2.5.Spain

5.4.2.5.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.4.2.6.Russia

5.4.2.6.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.4.2.7.Rest of Europe

5.4.2.7.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.5.Asia-Pacific

5.5.1. Market Assessment and Forecast, By Country, 2014-2022 ($Million)

5.5.2. Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.5.2.1.Japan

5.5.2.1.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.5.2.2.China

5.5.2.2.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.5.2.3.Australia

5.5.2.3.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.5.2.4.India

5.5.2.4.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.5.2.5.South Korea

5.5.2.5.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.5.2.6.Taiwan

5.5.2.6.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.5.2.7.Rest of Asia-Pacific

5.5.2.7.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.6.Rest of the World

5.6.1. Market Assessment and Forecast, By Country, 2014-2022 ($Million)

5.6.2. Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.6.2.1.Brazil

5.6.2.1.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.6.2.2.Turkey

5.6.2.2.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.6.2.3.Saudi Arabia

5.6.2.3.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.6.2.4.South Africa

5.6.2.4.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.6.2.5.United Arab Emirates

5.6.2.5.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

5.6.2.6.Others

5.6.2.6.1.Market Assessment and Forecast, By Application, 2014-2022 ($Million)

6.Company Profiles

6.1.Croda International Plc

6.1.1. Business Overview

6.1.2. Product Portfolio

6.1.3. Key Financials

6.1.4. Strategic Developments

6.2.Nissan Chemicals Industries Ltd.

6.2.1. Business Overview

6.2.2. Product Portfolio

6.2.3. Key Financials

6.2.4. Strategic Developments

6.3.Oleon NV

6.3.1. Business Overview

6.3.2. Product Portfolio

6.3.3. Strategic Developments

6.4.Arizona Chemical Company, LLC.

6.4.1. Business Overview

6.4.2. Product Portfolio

6.4.3. Strategic Developments

6.5.Emery Oleochemicals

6.5.1. Business Overview

6.5.2. Product Portfolio

6.5.3. Strategic Developments

6.6.Jarchem Industries, Inc.

6.6.1. Business Overview

6.6.2. Product Portfolio

6.6.3. Strategic Developments


List of Tables

Table 1.Isostearic Acid Market, By Application ($Million), 2014-2022
Table 2.Lubricant and Greases Market, By Region ($Million), 2014-2022
Table 3.Personal Care Market, By Region ($Million), 2014-2022
Table 4.Chemical Esters Market, By Region ($Million), 2014-2022
Table 5.Other Applications Market, By Region ($Million), 2014-2022
Table 6.Isostearic Acid Market, By Region ($Million), 2014-2022
Table 7.North America Isostearic Acid Market, By Country, 2014-2022 ($Million)
Table 8.North America Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 9.U.S. Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 10.Canada Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 11.Mexico Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 12.Europe Isostearic Acid Market, By Country, 2014-2022 ($Million)
Table 3.Europe Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table147.Germany Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 15.France Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 16.UK Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 17.Italy Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 18.Spain Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 19.Russia Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 21.Rest of Europe Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 22.Asia-Pacific Isostearic Acid Market, By Country, 2014-2022 ($Million)
Table 23.Asia-Pacific Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 24.Japan Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 25.China Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 26.Australia Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 27.India Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 28.South Korea Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 29.Taiwan Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 30.Rest of Asia-Pacific Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 31.Rest of the World Isostearic Acid Market, By Country, 2014-2022 ($Million)
Table 32.Rest of the World Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 33.Brazil Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 34.Turkey Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 35.Saudi Arabia Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 36.South Africa Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 37.United Arab Emirates Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 38.Others Isostearic Acid Market, By Application, 2014-2022 ($Million)
Table 39.Croda International Plc: Key Strategic Developments, 2015-2017
Table 40.Nissan Chemicals Industries Ltd.: Key Strategic Developments, 2015-2017
Table 41.Oleon NV: Key Strategic Developments, 2015-2017
Table 42.Arizona Chemical Company, LLC.: Key Strategic Developments, 2015-2017
Table 43.Emery Oleochemicals: Key Strategic Developments, 2015-2017
Table 44.Jarchem Industries, Inc.: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Isostearic Acid Market, By Application, 2014 & 2022 ($Million)
Figure 2.Isostearic Acid Market, By Region, 2016, ($Million)
Figure 3.Croda International Plc: Net Revenues, 2014-2016 ($Million)
Figure 4.Croda International Plc: Net Revenue Share, By Segment, 2016
Figure 5.Croda International Plc: Net Revenue Share, By Geography, 2016
Figure 6.Nissan Chemicals Industries Ltd.: Net Revenues, 2014-2016 ($Million)
Figure 7.Nissan Chemicals Industries Ltd.: Net Revenue Share, By Segment, 2016
Figure 8.Nissan Chemicals Industries Ltd.: Net Revenue Share, By Geography, 2016

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

Licesnces Type

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