The global demand for Isostearic Acid Market is presumed to reach the market size of nearly USD 864.9 MN by 2030 from USD 451.99 MN in 2022 with a CAGR of 8.45% under the study period of 2022 - 2030. Regarding volume, the market was calculated XX Tons in 2022 and forecast to touch XX Tons by 2030 with a CAGR of XX% during 2023-2030.
Isostearic Acid is a transparent yellow liquid fatty acid produced when oleic acid reacts with a mineral catalyst. They are frequently used as an emulsifier in cosmetic and personal care products. These acids are used as binders and cleaning agents for surfactants. Isostearic acid is utilized by a variety of end-users for a wide range of products like adhesives, paints, coatings, finishing agents, sealants, solvents, surfactants, and viscosity regulators.
With properties like resistance to UV radiation, thermal stability, and odour stability, the demand for isostearic acid in personal care and cosmetic products is anticipated to foster the market growth of Isostearic acid. The rising demand for bio-lubricants is also a driver for the market growth of isostearic acid. The extensive use of isostearic acid for cleaning surfactants is expected to boost the product's market growth. The growing public awareness about health and hygiene and bio-ingredients are expected to propel the market growth of isostearic acid. Also, the ever-increasing environmental conservation regulations are expected to fuel market growth. On the contrary, the available alternatives and the high cost of isostearic acid are projected to hamper the market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of isostearic acid. The growth and trends of Isostearic Acid Industry provide a holistic approach to this study.
This section of the isostearic acid market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
This section covers the regional outlook, which accentuates current and future demand for the Isostearic Acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the isostearic acid market include Croda International, Arizona Chemicals, Oleon NV, Nissan Chemicals, Emery Oleochemicals, Jarchem Industries Inc., KLK EMMERICH GmBH, Santa Cruz Biotechnology Inc., Vantage Specialty Chemicals, Foreverest Resources Ltd., SysKem Chemie GmbH, Kraton Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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