Isostearic acid
Isostearic acid market can be defined as a liquid fatty acid produced by an oleic acid reaction with a natural mineral. It has a pleasant smell, and high thermal and oxidation stability. It also offers high stabilization of pigments and mineral particles in oils and solvents. There are various uses of liquid fatty acid due to its exceptional stability. The thermal stability is highly beneficial for its usage as a lubricant, while odor stability supports its cosmetic application. And oxidation stability ensures the long-shelf life of the products. The branching structure of this acid also improves the dispersing power.
The isostearic acid is derived from vegetable sources and is considered biodegradable due to its branched molecular structure. The isostearic acids are highly utilized for rubber and polymer, textiles, oil extraction, and industrial and institutional cleaning. The chemical esters widely use isostearic acid due to its multifunctional properties, including water repellent, adhesion, dispersion, and emollient nature. Moreover, chemical esters are highly effective as solubilizers, plasticizers, solvents, and pigment promoters.
Uses of Isostearic acid
Isostearic acid is utilized in color cosmetics, personal care products, and deodorants that offer film forming and spreadability. The wide cosmetic applications of the isostearic derivatives include hair conditioners, skin creams, color cosmetics, moisturizing creams, fine soaps, and shower gel formulations. Isostearic acid leaves a soft feel after its application on the skin. It can be used as a dispersant, co-emulsifier, stabilizer, and emollient. The isostearic acid offers excellent spreadability without causing any oiliness. It is used as a binder for compact powder or eye shadow formulation. It can also be utilized as a cleansing and emulsifying agent due to the presence of ionic and nonionic groups.
Moreover, isostearic acid is used in wax and soap production, rubber compounds, fabric softeners, foodstuffs, and cosmetics. The long chain stearins include slightly higher chain acids that enhance lubricity, water resistance, and oil solubility. Isostearic acids functions as both emollient and co-emulsifier in personal care. It helps the skin for replenishing the natural moisture.
Rising demand
The rising demand for cosmetic products, in turn, will result in increased requirements for isostearic acid. It is due to the rising elderly population, and increasing disposable income. The major cosmetics companies are Avon Products Inc., L’Oreal Group, Oriflame Cosmetics, and The Estée Lauder Companies Inc. keep launching new products from time to time, which would result in an expansion of the cosmetic industry and lead to increasing requirement of the isostearic acid.
The isostearic acid is utilized in the manufacturing of institutional and industrial cleaning chemicals, such as soaps and liquid cleaners. The rising environmental and medical awareness creates an increasing demand for institutional and industrial cleaning in the emerging economies, which will further provide numerous opportunities to isostearic acid manufacturing companies.
The major isostearic acid companies are Croda International Plc, Nissan Chemical America Corporation, Oleon NV, Arizona Chemical Company, Jarchem Industries, and (M) Sdn Bhd.
The global isostearic acid market will grow at a significant rate in the years to come. This growth of the market will be credited to several driving factors like the growing market of cosmetic products and an increase in the consumption of greases and lubricants.
North America was the second largest market for isostearic acid. The region’s market will hold in excess of 25% of the market. The increasing consumer partiality for multifunctional personal care products is the main factor that lifts the growth of the region’s isostearic acid market. Additionally, changing consumers’ lifestyles and rise in incomes, are powering the development in the demand for personal care products, which in order, is generating the requirement for these chemical esters.
The market is divided into lubricants and greases, chemical esters, personal care, and others, which comprise oil extraction, rubber and polymer, textiles, and industrial and institutional cleaning. Amongst these, chemical esters demand was the largest throughout the historical period, and this market category is expected to have the largest share in the worldwide isostearic acid market.
Main expects of market growth
The main aspect that drives the market growth for isostearic acid, is the rise in cosmetic product consumption. Isostearic acid is the key product in the production of cosmetics and personal care products including toiletries products, sunscreen creams, lip gloss, and lipsticks
The isostearic acid market for cosmetic products reaches $678.9 billion in the past. Furthermore, the beauty products market is grown by an increase in aging population and growth in disposable income. Additionally, major cosmetic companies like Estée Lauder Companies Inc., Avon Products Inc., L’Oréal Group, and Oriflame introduced new alternatives unceasingly, which will increase the penetration of the cosmetics industry. This will drive the requirement for isostearic acid in the coming years too.
The main user of isostearic acid is personal care and chemical esters. Likewise, isostearic acid is used in the manufacturing of industrial & institutional cleaning chemicals like liquid cleaners and soaps.
Currently, industrial & institutional cleaning chemicals have a significantly small share in the global market. Though, rapid growth is predictable in the future. The increase in the procedures on environmental safety and mounting medical consciousness, drives the development of industrial & institutional chemicals definitely, majorly in the evolving countries. This in line, is creating ample growth opportunities in the market.
The demand for isosteric acid is on the rise because of its use of the same in the manufacturing of personal care products and also lipsticks.
Therefore, the expansion of the cosmetic industry will in turn create high demand for isostearic acid, and hence provide numerous opportunities for companies to expand their business.
Table of content
Chapter 1. Research Scope and Methodology
1.1 Market Definition
1.2 Market Scope
1.2.1 Isostearic acid market breakdown by end-user
1.2.2 Isostearic acid market breakdown by geography
1.3 Research Methodology and Sources
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
Chapter 3. Market Outlook
3.1 Introduction
3.1.1 Value chain analysis
3.1.2 Isostearic acid production overview
3.2 Trends in the Market
3.2.1 Growth in bio-lubricants market
3.2.2 Zeolite catalyzed isomerization process
3.3 Opportunities in the Market
3.3.1 Growing consumer awareness regarding perilous nature of petrochemicals derivatives
3.3.2 Growing industrial and institutional cleaning chemical market
3.4 Factors Driving the Market and its Impact on Market Forecast
3.4.1 Growing cosmetic products market
3.4.2 Growing usage of lubricants and grease in various industries
3.4.3 Impact analysis of drivers on market forecast
3.5 Factors Hindering the Market and its Impact on Market Forecast
3.5.1 Availability of substitutes
3.5.2 Catalyst regeneration
3.5.3 Impact analysis of restraints on market forecast
Chapter 4. Global Market Size and Forecasts
4.1 Global Isostearic Acid Market Breakdown by End-User
4.1.1 Chemical esters
4.1.2 Personal care
4.1.3 Lubricants and greases
4.1.4 Others
4.2 Global Isostearic Acid Market Breakdown by Region
Chapter 5. Isostearic Acid Market Breakdown by Geography
5.1 North America Isostearic Acid Market
5.1.1 North America isostearic acid market breakdown by country
5.1.2 North America isostearic acid market breakdown by end-user
5.2 Europe Isostearic Acid Market
5.2.1 Europe isostearic acid market breakdown by country
5.2.2 Europe isostearic acid market breakdown by end-user
5.3 Asia-Pacific Isostearic Acid Market
5.3.1 Asia-Pacific isostearic acid market breakdown by country
5.3.2 Asia-Pacific isostearic acid market breakdown by end-user
5.4 Rest of the World (RoW) Isostearic Acid Market
5.4.1 Rest of the World (RoW) isostearic acid market breakdown by end-user
6.1 Porter’s Five Forces of Competitive Position Analysis
6.1.1 Bargaining power of buyers
6.1.2 Bargaining power of suppliers
6.1.3 Threat of new entrants
6.1.4 Intensity of rivalry
6.1.5 Threat of substitutes
6.2 Market Share Analysis of Key Players
6.3 Competitive Positioning of Global Isosteraic Acid Market
Chapter 7. Company Profiles
7.1 Key Company Profiles
7.1.1 Croda International PLC
7.1.1.1 Business overview
7.1.1.2 Products and service offerings
7.1.2 Oleon NV
7.1.2.1 Business overview
7.1.2.2 Product and service offerings
7.1.3 Jarchem Industries Inc.
7.1.3.1 Business overview
7.1.3.2 Product and service offerings
7.1.4 Arizona Chemical Company LLC
7.1.4.1 Business overview
7.1.4.2 Product and service offerings
7.1.5 Emery Oleochemicals (M) Sdn Bhd
7.1.5.1 Business overview
7.1.5.2 Product and service offerings
7.1.6 Nissan Chemical America Corporation
7.1.6.1 Business overview
7.1.6.2 Product and service offerings
7.2 Strategic Developments in the Isostearic Acid Market
Chapter 8. Appendix
8.1 List of Abbreviations
