According to a recent market study published by Growth Market Reports, titled, “Global Isostearic Acid Market,” by end-use industry, by region: Size, Share, trends and opportunity Analysis, 2015-2030, the market was valued at USD 612.2 Million in 2021 and is expected to expand at a growth rate of 4.8% by the year 2030.

As per Growth Market Reports industry analyst Partha, Global Isostearic Acid Market is anticipated to witness significant growth during the forecast period 2022-2030. Isostearic acid is a fatty acid molecule with an 18-carbon atom chain backbone. It is an isomer of stearic acid, which means that both isostearic acid and stearic acid have a chemical formula of C18H36O2. However, the arrangement of atoms is different. While stearic acid has a linear carbon chain with 18 carbon atoms, isosteric acid has a carbon chain with 17 atoms and a single carbon branch at the 16th carbon atom.

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An increasing personal care & cosmetics industry is adding revenue for the isostearic acid market. Moreover, rising awareness about skincare products and increasing penetration of cosmetics across the globe the is conducive significantly to the Isostearic Acid market globally.

Isostearic acid is prepared from many sources, including soybean oil or tallow. It is a unique fatty acid, which combines the properties of stearic acid with the properties of oleic acid. It is a fully saturated and branched fatty acid that provides heat and odor stability. The acid offers film-forming properties, making it ideal for use in soaps, shaving foams, and liquid cleaners. Isostearic acid is a clear golden liquid, whereas stearic acid comes in solid state. The molecules of isostearic acid cannot pack as tightly in solid form as those of stearic acid, due to the branching nature of its carbon chain.

The primary as well as secondary research methodology is used for keen observation and study about the isostearic acid market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects.

Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done by the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess experience of around 10-20 years in the industry.

On the other-hand, the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned for understanding the competitive scenario, details & developments, and the overall competitive landscape. Regional government and statistical databases are analyzed for macro & micro analysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

The COVID-19 pandemic has highlighted economic disparities in the global demand in the crises of global interdependence and governance challenges. Epidemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. According to the current pandemic situation, strict measures are required for monitoring the situation, which in turn, affects businesses causing unanticipated short and long-term effects.

Consequently, epidemics and pandemics are problems for individual markets and an enhancement of existing dynamics and limitations. In the long-term, COVID-19 serves as another opportunity for manufacturers to reconsider their commitment to the supply chain in regions that are prone to outbreaks and to reconfigure themselves regionally. In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply of various products and services. However, reduction in outdoor activities and social distancing has created lucrative opportunities for the market.

Key Takeaways from the Study

  • The players include Emery Oleochemicals LLC Jarchem Innovative Ingredients LLC; Croda International Plc; Oleon NV; KLK EMMERICH GmbH; KOKYU ALCOHOL KOGYO CO., LTD.; Nissan Chemical Corporation; Foreverest Resources Ltd.; Merck KGaA; and KRATON CORPORATION among others.
  • Based on type, the global isostearic acid market is categorized into soybean, rapeseed, palm, tall oil, and others (sunflower, coconut). The soybean segment is dominating the market attributing to its low cost of production and easy availability. Moreover, the content of fatty acid extracted from soybean is higher as compared to other sources.
  • Based on application, the global isostearic acid market is segmented into adhesives and sealants, chemical esters, lubricants, solvents, and surfactants. The use of isostearic acid in adhesives & sealants held a significant market share in 2021. This is attributed to the extensive applicability and demand for adhesives & sealants from various manufacturing industries. Expansion of the personal care & cosmetics industry is boosting the demand for isostearic acid and the segment. For instance, manufacturers use isostearic acid in more than 3,200 skin, hair, and cosmetics products in the US. These products include soaps, shampoos, greases, oils, candles, foods, rubber, and metalworking fluids.
  • On the basis of end user, personal care & cosmetics, chemicals, pharmaceuticals, and automotive. The personal care & cosmetics segment is dominating the market, as isostearic acid is extensively used as a dispersing agent, emulsifier, and stabilizer in cosmetics and skin care products.

Scope of Isostearic Acid Market Report

Report Metric

Details

Market Value in 2021

USD 612.2 Million

Market Growth Rate (from 2022 to 2030)

4.8%

Historical Data

2015 & 2020

Base Year

2021

Forecast Period

2022 – 2030

Units Considered

Value (USD Million)

Market Segments

Global Isostearic Acid Market by, by Source, by Application, by End use Industry, and Region.

Key Companies Profiled

Emery Oleochemicals LLC Jarchem Innovative Ingredients LLC, Croda International Plc, Oleon NV, KLK EMMERICH GmbH, KOKYU ALCOHOL KOGYO CO., LTD., Nissan Chemical Corporation, Foreverest Resources Ltd., among others.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Raw Material Suppliers and Manufactures
  • Demand Side: Personal Care and Cosmetics Manufacturers
  • Regulatory Side: Concerned Government Authorities and Other Regulatory Bodies