Europe Isostearic Acid Market Size, Share, and COVID-19 Impact Analysis, By Application (Detergents, Chemicals Esters, Lubricants & Greases, Food Additive, and Pigment Enhancer), By End-Use (Personal Care, Home Care, Food & Beverages, Pharmaceutical, Automotive, and Textile), and Europe Isostearic Acid Market Insights, Industry Trend, Forecasts to 2033

Industry: Chemicals & Materials

RELEASE DATE Oct 2024
REPORT ID SI6656
PAGES 179
REPORT FORMAT PathSoft

Europe Isostearic Acid Market Insights Forecasts to 2033

  • The Europe Isostearic Acid Market Size was valued at USD 95.9 Million in 2023.
  • The Market Size is Growing at a CAGR of 7.69% from 2023 to 2033.
  • The Europe Isostearic Acid Market Size is Expected to Reach USD 201.2 Million by 2033

 

Europe Isostearic Acid Market

Get more details on this report -

Request Free Sample PDF

 

The Europe Isostearic Acid Market Size is Anticipated to Reach USD 16.30 Million by 2033, Growing at a CAGR of 7.69% from 2023 to 2033.

 

Market Overview

Isostearic acid is commonly used in Europe, especially in the cosmetics and personal care industry. It is a branched fatty acid with properties that make it suitable for various applications, such as skincare, makeup, lotions, creams, lipsticks, and sun protection creams. Its emollient and binding properties enhance the texture and performance of these products. Isostearic acid is also a key component in specialty lubricants, particularly for high-performance applications. Additionally, it is used as a food additive. Isostearic acid is generally considered safe for use in cosmetics and personal care products in Europe, as the European Union has strict laws to ensure the safety of these products. Furthermore, technological advances in the chemical industry are driving the demand for isostearic acid as a key raw material. Advancements in production technology and expanded manufacturing capabilities are expected to reduce costs and enhance market competitiveness. Isostearic acid is non-combustible, non-corrosive, and possesses excellent lubrication properties. It is also thermally stable, resistant to ultraviolet rays, and odor-stable.

 

Report Coverage

This research report categorizes the market for the Europe isostearic acid market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe isostearic acid market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Europe isostearic acid market.

 

Europe Isostearic Acid Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 95.9 Million
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :7.69%
2033 Value Projection:USD 201.2 Million
Historical Data for:2019 - 2022
No. of Pages:179
Tables, Charts & Figures:110
Segments covered:By Application, By End-Use.
Companies covered:: ANT Neuro., NEOS Surgery., NeuroReality., Precisis., myBrain Technologies., Black Forest Medical Group., ExoAtlet., KARL STORZ., and Others
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

Get more details on this report -

Request Free Sample PDF
 

Driving Factors

Isostearic acid is a crucial ingredient in cosmetics, skincare, and hair care products. With consumers showing increased interest in personal grooming and natural and organic products, the demand for isostearic acid is expected to rise. This compound is derived from renewable resources like plant oils, making it a bio-based product. As consumers become more conscious of eco-friendly products, the demand for isostearic acid is increasing. Isostearic acid is also used in industrial lubricants, especially in the production of automotive and industrial equipment. Additionally, it serves as an emulsifier and stabilizer in food processing. The demand for pharmaceutical products is on the rise due to the need for treatments targeting age-related, dermal, or hair issues, chronic diseases, and more.

 

Restraining Factors

Isostearic acid is facing competition from other fatty acids and their derivatives, which can be used as substitutes in various applications. For instance, isostearic acid is often used in the production of chemical esters, but other fatty acids such as lauric acid or stearic acid can also be used for this purpose.

 

Market Segmentation

The Europe isostearic acid market share is classified into application and end-use.

 

  • The chemicals esters segment is expected to hold the largest market share through the forecast period.

The Europe isostearic acid market is segmented by application into detergents, chemical esters, lubricants & greases, food additives, and pigment enhancers. Among these, the chemicals esters segment is expected to hold the largest market share through the forecast period. Chemical esters have various properties such as being pigment adhesion promoters, ingredient solubilizers, enhancing dispersion, having quick absorption rates, low residual amounts, and acting as plasticizers. These properties make chemical esters valuable for use in personal care and industrial applications. Chemical esters, along with polyhydric alcohols like glycerol and propylene glycol, are used as emulsifiers in oil-in-water confections. They also improve the dryness and meltdown stability in ice milk. Additionally, certain chemical esters, such as pentaerythritol tetraisostearate, can be utilized as a component of synthetic greases.

 

  • The personal care segment is expected to dominate the Europe isostearic acid market during the forecast period.

Based on the end-use, the Europe isostearic acid market is divided into personal care, home care, food & beverages, pharmaceutical, automotive, and textile. Among these, the personal care segment is expected to dominate the Europe isostearic acid market during the forecast period. This is due to the increasing demand for eco-friendly skincare products, the global market for such items has grown significantly over the past seven years. These products are completely free of chemicals and harmful substances, being made entirely of natural materials. Eco-friendly items help protect the environment from pollution while also improving human mental and physical health, and they are designed for use by future generations, thereby increasing the sustainability of the planet and the universe. Consequently, the demand for isostearic acid is expected to rise.  

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Europe isostearic acid market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • ANT Neuro.
  • NEOS Surgery.
  • NeuroReality.
  • Precisis.
  • myBrain Technologies.
  • Black Forest Medical Group.
  • ExoAtlet.
  • KARL STORZ.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

 

  • In February 2023, Oleon takes a new step in its growth and doubles the capacity of the isosteric acid and dimer production unit. The capacity of its isosteric and dimer acids production unit, based in Ertvelde (Belgium), double by 2024 to support its growth and competitiveness in industrial markets.

 

Market Segment

This study forecasts revenue at Europe, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Europe Isostearic Acid Market based on the below-mentioned segments:

 

Europe Isostearic Acid Market, By Application

  • Detergents
  • Chemicals Esters
  • Lubricants & Greases
  • Food Additive
  • Pigment Enhancer

 

Europe Isostearic Acid Market, By End-Use

  • Personal Care
  • Home Care
  • Food & Beverages
  • Pharmaceutical
  • Automotive
  • Textile

Need help to buy this report?

Inquiry Before Buy
We'll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads?
Learn more and manage your cookies
Yes, Accept Cookies