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Isostearic Acid Market Size, Analysis, Share & Forecast 2031

Global Isostearic Acid Market

Name: Growth Market Reports
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Segments - by Source (Soybean, Rapeseed, Palm, Tall Oil, and Others), by Application (Adhesives & Sealants, Chemical Esters, Lubricants, Solvents, and Surfactants), by End User (Personal care & Cosmetics, Chemicals, Pharmaceuticals, and Automotive) and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

MC-4988
4.2 Rating
358 Pages

13-12-2022
76 Reviews

Author :

Riddhesh Dani

Fact-checked by :

Harneet Meher

Editor :

Shruti Bhat

Report Description

Isostearic Acid Market Outlook

The Global Isostearic Acid Market size was estimated at USD 612.2 Mn in 2021 and is anticipated to reach USD 919.0 Mn by 2030, expanding at a CAGR of 4.8% 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.

Both stearic acid and isostearic 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. Isostearic acid is a clear golden liquid, whereas stearic acid is 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.

Macro-economic Factors

Research and Development

Research departments are directly developing products or are staffed by industrial scientists and charged with conducting applied research in scientific or technological fields, which aid in the manufacturing of isostearic acid. Isostearic acid is synthesized from vegetable oil using a catalyst.

Recently, several studies have been conducted to increase the yield of isostearic acid by using efficient and recoverable catalysts. For instance, zeolite catalysts are used more frequently to synthesize isostearic acid as compared to clay catalyst, which is not recoverable and produces waste.

Environmental Impact

When chemicals are manufactured, used, and discarded, they enter the air, water, and soil. The environmental impact of a chemical is defined by the amount of its release, nature, concentration, and location. Isostearic acid is derived from vegetable oil and is biodegradable. Isostearic acid is non-toxic to the environment.

Therefore, isostearic acid is increasingly used to manufacture bio-based lubricants, personal & cosmetic care products, and fuel additives, among others. Furthermore, awareness among the population regarding the environmental impact of the product they are consuming is increasing the demand for isostearic acid.

Availability of Raw Materials

Availability of raw materials for manufacturing a product is an important part of the process. Manufacturing companies ensure the availability of raw materials inventory to ensure the good flow of the production process with good quality, proper time, and effective cost. Isostearic acid is synthesized using vegetable oil and a catalyst, which are readily available in the market, making it easier for manufacturers to produce isostearic acid.

Gross Domestic Product

Gross domestic product (GDP) is a standard measuring the value created by a country's production of goods and services over a certain period of time. Thus, it accounts for the money generated by such output, and the overall amount spent on final goods and services.

According to The European Chemical Industry Council, the chemical industry is used almost in every good-producing sector, contributing an estimated USD 5.7 trillion to the global GDP through direct, indirect, and induced effects, equivalent to 7% of the global GDP and providing 120 million jobs. GDP plays a significant role in economic activities.

Isostearic Acid Market Dynamics

Market Driver

Increasing Demand for Personal Care and Cosmetics

Millennials use beauty & personal care products such as skin care, color cosmetics, and hair care on a regular basis. Rising purchasing power and consumer awareness of personal care products are expected to increase the sales of personal care and cosmetics products. Isostearic acid is widely used in the personal care and cosmetic products, as it functions as a surfactant cleaning agent and binder in these products.

It is forms a film, which makes it ideal for usage in soaps, shaving foams, and liquid cleansers. Isostearic acid is an oil-based fatty acid that spreads quickly. It has moisturizing effects and leaves dry skin with a light, smooth, and soft feel. Isostearic acid is ideal for usage in skincare and color cosmetics, due to its good solubility and oxidation stability.

Furthermore, the growing inclination of male customers towards skincare and grooming to improve their physical appearance is expected to provide significant prospects to the market players. Increased expenditure in research and development of isostearic acid is contributing to market growth.

Rising Usage of Isostearic Acid for Lubricants and Greases

A lubricant is a fluid that, when applied as a coating between two solid surfaces, lowers friction, heat, and wear. Grease and lubricants are primarily used to reduce wear and heat between contacting surfaces that are moving relative to one another. Lubricants and greases are extensively utilized in the automotive, engineering production, and oil and gas sectors, among others. Isostearic acid is utilized as an emulsifier or dispersion, as it is soluble in various oils.

When compared to other fatty acids such as stearic acid and oleic acid, the structural composition of isostearic acid exhibits a favorable mix of saturation and branching. It is used in a wide range of formulations, due to its properties such as thermal stability, oxidative stability, surface activity, slipperiness, and low color. These properties of isostearic acid make it ideal for usage as a thermal stabilizer and additive in lubricants.

Market Restraint

High cost of end-user industries hampers the market expansion. Manufacturers get feedstock and oleochemical derivatives before converting them into various main and secondary components for isostearic acid. Each of them requires its individual tanks and equipment, which must be cleaned after each treatment. Furthermore, it is expensive, due to the complexity of the supply chain and the need to handle minuscule quantities of a variety of oleochemical derivatives in different tanks while taking into account quality maintenance and contamination issues.

As a result, it requires high pricing, leading to market stagnation and increased capital and operating expenses for manufacturers. Numerous alternatives, such as palmitic acid, lauric acid, stearic acid, myristic acid, oleic acid, and coconut fatty acid are abundantly available in the market at low prices. These factors are projected to restrain the growth of the isostearic acid market during the forecast period.

Market Opportunity

China, India, Brazil, Mexico, Indonesia, and Saudi Arabia are regarded as the top six emerging countries among the top twenty economies in terms of GDP. A majority of industrialized nations are attaining maturity, and these economies are emerging as profitable marketplaces for all industries, especially the cosmetics and personal care industry. BRIC (3.08 billion population) countries had a population that is more than forty percent of the global population.

The availability of essential ingredients in Asia Pacific and the Middle East & Africa market make them fast-growing markets. Increased purchasing power of the population in these emerging nations as well as the rising middle-class population are expected to provide significant growth opportunities for the global consumer goods industry. Increasing demand for personal care items such as skin care, hair care, and dental care, increases global demand for isostearic acid.

Scope of Isostearic Acid Market Report

The report on the global Isostearic Acid market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Isostearic acid Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2021
Historic Data	2015 and 2020
Forecast Period	2022–2030
Segmentation	Source (Soybean, Rapeseed, Palm, Tall Oil, and Others), Application (Adhesives & Sealants, Chemical Esters, Lubricants, Solvents, and Surfactants), End User (Personal care & Cosmetics, Chemicals, Pharmaceuticals, and Automotive)
Regional Scope	North America, Europe, Asia Pacific, Latin America and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	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

Isostearic Acid Market Segmental Outlook

Based on the end-user, the global isostearic acid market is segmented into 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 & skin care products.

Isostearic acid acts as a dispersing agent in cosmetic products and provides more efficiency as compared to other products such as palm, oleic acid, stearic acid, and oleic acid. Rising applications of chemical esters in food & beverage, surfactants, adhesives, and other consumer essential products is driving the chemicals segment. Isostearic acid is used to thermally stabilize the coating liquid and increase its effectiveness, which is driving the chemicals segment.

Isostearic Acid Market Regional Outlook

Based on region, the market is separated into five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market in Asia Pacific held a significant share of the market during the forecast period.

The market in Asia Pacific is projected to expand at a CAGR of 5.4% during the forecast period, owing to the increasing demand for personal care products with isostearic acid. This is attributed to the high use of products with eco-friendly ingredients that do not have any side effects.

China is the biggest consumer of fatty acids, accounting for more than 30% of the demand, owing to the fast growth rate of the economy and rapid urbanization in the country. The market in the Middle East & Africa expands at a CAGR of 3.0%. Government support to cosmetic enterprises for the expansion is expected to create opportunities in the market during the forecast period. This factor is expected to generate revenue for the isostearic acid market in the Middle East & Africa.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Isostearic Acid Market
Historical, Current, and Projected Market Size in Terms of Value
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints, and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Isostearic Acid Market Performance

Segments

Sources

Soybean
Rapeseed
Palm
Tall Oil
Others

Application

Adhesives & Sealants
Chemical Esters
Lubricants
Solvents
Surfactants

End Use Industry

Personal Care & Cosmetics
Chemicals
Pharmaceutical
Automotive

Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Market Players Profiled in the Report

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

Competitive Landscape

Manufacturers operating in the global Isostearic Acid market include Emery Oleochemicals LLC; Jarchem Innovative Ingredients LLC; Croda International Plc; Oleon NV; KLK EMMERICH GmbH; KOKYU ALCOHOL KOGYO CO., LTD.; Nissan Chemical Corporation; and Foreverest Resources Ltd., among others.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Isostearic Acid Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Isostearic Acid Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Isostearic Acid Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Isostearic Acid Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Isostearic Acid Market Size & Forecast, 2015-2030
      4.5.1 Isostearic Acid Market Size and Y-o-Y Growth
      4.5.2 Isostearic Acid Market Absolute $ Opportunity
   4.6 Global Isostearic Acid Market: Current & Future Trends
Chapter 5 Global Isostearic Acid Market Analysis and Forecast By Source
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Source
      5.1.2 Basis Point Share (BPS) Analysis By Source
      5.1.3 Absolute $ Opportunity Assessment By Source
   5.2 Isostearic Acid Market Size & Volume Forecast By Source
      5.2.1 Soybean
      5.2.2 Rapeseed
      5.2.3 Palm
      5.2.4 Tall Oil
      5.2.5 Others
   5.3 Market Attractiveness Analysis By Source
Chapter 6 Global Isostearic Acid Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Isostearic Acid Market Size & Volume Forecast By Application
      6.2.1 Adhesives & sealants
      6.2.2 Chemical Esters
      6.2.3 Lubricants
      6.2.4 Solvents
      6.2.5 Surfactants
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Isostearic Acid Market Analysis and Forecast By End Use
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By End Use
      7.1.2 Basis Point Share (BPS) Analysis By End Use
      7.1.3 Absolute $ Opportunity Assessment By End Use
   7.2 Isostearic Acid Market Size & Volume Forecast By End Use
      7.2.1 Personal Care & Cosmetics
      7.2.2 Chemicals
      7.2.3 Pharmaceuticals
      7.2.4 Automotive
   7.3 Market Attractiveness Analysis By End Use

Chapter 8 Global Isostearic Acid Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Isostearic Acid Market Size & Volume Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Isostearic Acid Analysis and Forecast
   10.1 Introduction
   10.2 North America Isostearic Acid Market Size & Volume Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Isostearic Acid Market Size & Volume Forecast By Source
      10.6.1 Soybean
      10.6.2 Rapeseed
      10.6.3 Palm
      10.6.4 Tall Oil
      10.6.5 Others
   10.7 Basis Point Share (BPS) Analysis By Source
   10.8 Absolute $ Opportunity Assessment By Source
   10.9 Market Attractiveness Analysis By Source
   10.10 North America Isostearic Acid Market Size & Volume Forecast By Application
      10.10.1 Adhesives & sealants
      10.10.2 Chemical Esters
      10.10.3 Lubricants
      10.10.4 Solvents
      10.10.5 Surfactants
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
   10.14 North America Isostearic Acid Market Size & Volume Forecast By End Use
      10.14.1 Personal Care & Cosmetics
      10.14.2 Chemicals
      10.14.3 Pharmaceuticals
      10.14.4 Automotive
   10.15 Basis Point Share (BPS) Analysis By End Use
   10.16 Absolute $ Opportunity Assessment By End Use
   10.17 Market Attractiveness Analysis By End Use
Chapter 11 Europe Isostearic Acid Analysis and Forecast
   11.1 Introduction
   11.2 Europe Isostearic Acid Market Size & Volume Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Isostearic Acid Market Size & Volume Forecast By Source
      11.6.1 Soybean
      11.6.2 Rapeseed
      11.6.3 Palm
      11.6.4 Tall Oil
      11.6.5 Others
   11.7 Basis Point Share (BPS) Analysis By Source
   11.8 Absolute $ Opportunity Assessment By Source
   11.9 Market Attractiveness Analysis By Source
   11.10 Europe Isostearic Acid Market Size & Volume Forecast By Application
      11.10.1 Adhesives & sealants
      11.10.2 Chemical Esters
      11.10.3 Lubricants
      11.10.4 Solvents
      11.10.5 Surfactants
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
   11.14 Europe Isostearic Acid Market Size & Volume Forecast By End Use
      11.14.1 Personal Care & Cosmetics
      11.14.2 Chemicals
      11.14.3 Pharmaceuticals
      11.14.4 Automotive
   11.15 Basis Point Share (BPS) Analysis By End Use
   11.16 Absolute $ Opportunity Assessment By End Use
   11.17 Market Attractiveness Analysis By End Use
Chapter 12 Asia Pacific Isostearic Acid Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Isostearic Acid Market Size & Volume Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Isostearic Acid Market Size & Volume Forecast By Source
      12.6.1 Soybean
      12.6.2 Rapeseed
      12.6.3 Palm
    12.6.4 Tall Oil
      12.6.5 Others
   12.7 Basis Point Share (BPS) Analysis By Source
   12.8 Absolute $ Opportunity Assessment By Source
   12.9 Market Attractiveness Analysis By Source
   12.10 Asia Pacific Isostearic Acid Market Size & Volume Forecast By Application
      12.10.1 Adhesives & sealants
      12.10.2 Chemical Esters
      12.10.3 Lubricants
      12.10.4 Solvents
      12.10.5 Surfactants
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
   12.14 Asia Pacific Isostearic Acid Market Size & Volume Forecast By End Use
    12.14.1 Personal Care & Cosmetics
      12.14.2 Chemicals
      12.14.3 Pharmaceuticals
      12.14.4 Automotive
   12.15 Basis Point Share (BPS) Analysis By End Use
   12.16 Absolute $ Opportunity Assessment By End Use
   12.17 Market Attractiveness Analysis By End Use
Chapter 13 Latin America Isostearic Acid Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Isostearic Acid Market Size & Volume Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Isostearic Acid Market Size & Volume Forecast By Source
      13.6.1 Soybean
      13.6.2 Rapeseed
      13.6.3 Palm
      13.6.4 Tall Oil
      13.6.5 Others
   13.7 Basis Point Share (BPS) Analysis By Source
   13.8 Absolute $ Opportunity Assessment By Source
   13.9 Market Attractiveness Analysis By Source
   13.10 Latin America Isostearic Acid Market Size & Volume Forecast By Application
      13.10.1 Adhesives & sealants
      13.10.2 Chemical Esters
      13.10.3 Lubricants
      13.10.4 Solvents
      13.10.5 Surfactants
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
   13.14 Latin America Isostearic Acid Market Size & Volume Forecast By End Use
      13.14.1 Personal Care & Cosmetics
      13.14.2 Chemicals
      13.14.3 Pharmaceuticals
      13.14.4 Automotive
   13.15 Basis Point Share (BPS) Analysis By End Use
   13.16 Absolute $ Opportunity Assessment By End Use
   13.17 Market Attractiveness Analysis By End Use
Chapter 14 Middle East & Africa (MEA) Isostearic Acid Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Isostearic Acid Market Size & Volume Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Isostearic Acid Market Size & Volume Forecast By Source
      14.6.1 Soybean
      14.6.2 Rapeseed
      14.6.3 Palm
      14.6.4 Tall Oil
      14.6.5 Others
   14.7 Basis Point Share (BPS) Analysis By Source
   14.8 Absolute $ Opportunity Assessment By Source
   14.9 Market Attractiveness Analysis By Source
   14.10 Middle East & Africa (MEA) Isostearic Acid Market Size & Volume Forecast By Application
      14.10.1 Adhesives & sealants
      14.10.2 Chemical Esters
      14.10.3 Lubricants
      14.10.4 Solvents
      14.10.5 Surfactants
   14.11 Basis Point Share (BPS) Analysis By Application
   14.12 Absolute $ Opportunity Assessment By Application
   14.13 Market Attractiveness Analysis By Application
   14.14 Middle East & Africa (MEA) Isostearic Acid Market Size & Volume Forecast By End Use
      14.14.1 Personal Care & Cosmetics
      14.14.2 Chemicals
      14.14.3 Pharmaceuticals
      14.14.4 Automotive
   14.15 Basis Point Share (BPS) Analysis By End Use
   14.16 Absolute $ Opportunity Assessment By End Use
   14.17 Market Attractiveness Analysis By End Use
Chapter 15 Competition Landscape
   15.1 Isostearic Acid Market: Competitive Dashboard
   15.2 Global Isostearic Acid Market: Market Share Analysis, 2021
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 KRATON CORPORATION
      15.3.2 Nissan Chemical Corporation
      15.3.3 Croda International Plc
      15.3.4 Merck KGaA
      15.3.5 KLK EMMERICH GmbH
      15.3.6 Emery Oleochemicals LLC
      15.3.7 Oleon NV
      15.3.8 KOKYU ALCOHOL KOGYO CO., LTD.
      15.3.9 Jarchem Innovative Ingredients LLC
      15.3.10 Foreverest Resources Ltd.

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