sostearic Acid Market Growth & Trends
The global isostearic acid market size is expected to reach USD 458.90 million by 2030, expanding at 6.9% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. This is attributable to the surging demand for cosmetics and personal care products, the increasing shift toward sustainable and bio-based solutions, and the innovation and development of specialty chemical products.
Isostearic acid manufacturers are increasingly focusing on automation and process optimization to improve product quality, lower production costs, and improve efficiency. An increasing trend in the adoption of advanced process control systems, real-time monitoring, and automated equipment to streamline operations and reduce human error is expected to boost the growth of the market.
Collaboration between manufacturers, suppliers, and customers is becoming increasingly important in the isostearic acid industry. Supply chain integration and collaborative manufacturing allow effective resource sharing, resource sharing, and knowledge exchange. Close collaboration is expected to aid in the optimization of production processes, the improvement of supply chain efficiency, and the effective response to market demands.
The isostearic acid industry is witnessing significant growth on account of the growing demand for cosmetics and personal care products. Isostearic derivatives are commonly used in various cosmetic products including skin creams, moisturizing creams, shower gel formulations, hair conditioners, color cosmetics, and fine soaps, among others. It improves the texture and spreadability of cosmetic products and is also used as a stabilizer in cosmetic formulations. Isostearic acid has solubilizing properties; it can dissolve certain ingredients that are not easily soluble in water or oil. This allows for the incorporation of hydrophobic or lipophilic ingredients into cosmetic formulations, improving their efficacy and performance.
Isostearic Acid Market Report Highlights
- Lubricants & greases application emerged as the fastest growing segment with a CAGR of 7.5% from 2023 to 2030, due to its unique properties and advantageous nature that makes the product suitable for its application in lubricants & greases
- Europe emerged as the fastest growing region with a CAGR of 7.6% from 2023 to 2030, because of the increasing inclination toward sustainable and environmental-friendly solutions
- Isostearic acid is utilized extensively in the production of lubricant and grease products due to its versatile nature, contributing to the desirable properties and performance of these formulations. The expanding industrial sectors, including manufacturing, construction, and transportation, are driving the demand for lubricant and grease products
- The pandemic has disrupted global supply chains, affecting logistics, transportation, and raw material availability. This interruption affected the distribution and production of isostearic acid and other related products
- The manufacturing companies undertake numerous strategic initiatives such as product launches, partnerships/collaborations, mergers & acquisitions, and seeking regulatory approval to strengthen their position in the global market.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.4 Information analysis
- 1.5 Market formulation & data visualization
- 1.6 Data validation & publishing
- 1.6.1 Research scope and assumptions
- 1.6.2 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Isostearic Acid: Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global fatty acids Market Outlook
- 3.2 Industry Value Chain Analysis
- 3.2.1 manufacturing trends
- 3.2.2 Sales Channel Analysis
- 3.3 Price Trend Analysis
- 3.4 Regulatory Framework, By Region
- 3.4.1 North America
- 3.4.1.1 U.S.
- 3.4.1.2 Canada
- 3.4.1.3 Mexico
- 3.4.2 Europe
- 3.4.2.1 UK
- 3.4.2.2 Germany
- 3.4.2.3 France
- 3.4.2.4 Italy
- 3.4.2.5 Spain
- 3.4.2.6 Denmark
- 3.4.2.7 Sweden
- 3.4.2.8 Norway
- 3.4.3 Asia Pacific
- 3.4.3.1 Japan
- 3.4.3.2 China
- 3.4.3.3 India
- 3.4.3.4 Australia
- 3.4.3.5 Thailand
- 3.4.3.6 South Korea
- 3.4.4 Central & South America
- 3.4.4.1 Brazil
- 3.4.4.2 Argentina
- 3.4.5 MEA
- 3.4.5.1 South Africa
- 3.4.5.2 Saudi Arabia
- 3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.1.1 Growing Demand For Cosmetics And Personal Care Products
- 3.5.1.2 Increasing Demand For Lubricant And Grease Products
- 3.5.2 Market Restraint Analysis
- 3.5.2.1 Availability And Cost Of Raw Materials
- 3.5.3 Industry Challenges
- 3.5.3.1 Threat Of Substitutes And Competition From Alternative Ingredients
- 3.5.4 Impact Of Covid-19 Pandemic
- 3.5.5 Impact Of European Geopolitical Conflict
- 3.6 Business Environment Analysis
- 3.6.1 Industry Analysis - Porter
- 3.6.2 Macroeconomic Analysis: PESTEL Analysis
Chapter 4 Isostearic Acid Market: - Supplier Portfolio Analysis
- 4.1 List of Key Raw Material Suppliers
- 4.2 Raw Material Trends
- 4.3 Portfolio Analysis/Kraljic Matrix
- 4.4 Engagement Model
- 4.5 Negotiation Strategies
- 4.5.1 Monitoring Prices of Raw Materials
- 4.5.2 Collaborating with multiple suppliers
- 4.6 Sourcing Best Practices
- 4.6.1 Evaluating Nutritional Value of Raw Materials
Chapter 5 Isostearic Acid Market: Application Estimates & Trend Analysis
- 5.1 Application Movement Analysis & Market Share, 2022 & 2030
- 5.1.1 Personal Care
- 5.1.2 Chemical Esters
- 5.1.3 Lubricant and Greases
- 5.1.4 Other Applications
Chapter 6 Isostearic Acid Market: Regional Estimates & Trend Analysis
- 6.1 Isostearic Acid Market: Regional Outlook
- 6.2 North America
- 6.2.1 North America Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.2.2 U.S.
- 6.2.2.1 Key country dynamics
- 6.2.2.2 U.S. Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.2.3 Canada
- 6.2.3.1 Key country dynamics
- 6.2.3.2 Canada Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.2.4 Mexico
- 6.2.4.1 Key country dynamics
- 6.2.4.2 Mexico Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3 Europe
- 6.3.1 Europe Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.2 Germany
- 6.3.2.1 Key country dynamics
- 6.3.2.2 Germany Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.3 UK
- 6.3.3.1 Key country dynamics
- 6.3.3.2 UK Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.4 France
- 6.3.4.1 Key country dynamics
- 6.3.4.2 France Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.5 Italy
- 6.3.5.1 Key country dynamics
- 6.3.5.2 Italy Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.2 China
- 6.4.2.1 Key country dynamics
- 6.4.2.2 China Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.3 India
- 6.4.3.1 Key country dynamics
- 6.4.3.2 India Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.4 Japan
- 6.4.4.1 Key country dynamics
- 6.4.4.2 Japan Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.5 Singapore
- 6.4.5.1 Key country dynamics
- 6.4.5.2 Singapore Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.6 South Korea
- 6.4.6.1 Key country dynamics
- 6.4.6.2 South Korea Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.7 Central & South America
- 6.4.8 Central & South America Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.9 Brazil
- 6.4.9.1 Key country dynamics
- 6.4.9.2 Brazil Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.10 Argentina
- 6.4.10.1 Key country dynamics
- 6.4.10.2 Argentina Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5 Middle East & Africa
- 6.5.1 Middle East & Africa Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.2 Saudi Arabia
- 6.5.2.1 Key country dynamics
- 6.5.2.2 Saudi Arabia Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.3 South Africa
- 6.5.3.1 Key country dynamics
- 6.5.3.2 South Africa Isostearic Acid Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 7 Isostearic Acid Market: Competitive Landscape
- 7.1 Recent Developments & Impact Analysis, By Key Market Participants
- 7.2 Company Categorization
- 7.3 Company Heat Map Analysis
- 7.4 Strategy Mapping
- 7.4.1 Expansion
- 7.4.2 Mergers & Acquisition
- 7.4.3 collaborations
- 7.5 Company Listing (Business Overview, Financial Performace, Product Benchmarking)
- 7.5.1 Croda International Plc
- 7.5.2 KOKYU ALCOHOL KOGYO CO., LTD.
- 7.5.3 Oleon NV
- 7.5.4 Nissan Chemical Corporation
- 7.5.5 Emery Oleochemicals
- 7.5.6 Jarchem Innovative Ingredients LLC
- 7.5.7 KLK EMMERICH GmbH
- 7.5.8 Santa Cruz Biotechnology, Inc.
- 7.5.9 Vantage Specialty Chemicals
- 7.5.10 Foreverest Resources Ltd.
- 7.5.11 SysKem Chemie GmbH
- 7.5.12 KRATON CORPORATION