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Emollient Esters Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 333 | Report ID: MRS1016


Report Description

The global Emollient Esters market size is estimated at USD 420.8 million in 2020, expanding at a CAGR of 6.1% from 2021-2027.

Market Dynamics

Emollient Esters are a highly versatile chemistry group used as an ingredient in personal care formulation. Emollient esters are also used in products like toiletries, fragrances, and different pharmaceutical applications.

Growing awareness of chemical-free ingredients in personal care products and the development of natural products by the prominent players in the market, consumers are preferring products that have multifunctional and natural emollients ingredients. In addition, online distribution channels and e-commerce are forecasted to increase the distribution of personal care products during the forecast period. Furthermore, new product developments and increasing investments in the research and development of green emollients are expected to fuel the growth of this market. However, the high price of the products, stringent labeling rules for cosmetic ingredients, and availability of cheaper and greener substitutes of emollients are some restraints of the emollient esters market.

Based on Product Type, the market is bifurcated into Isopropyl Myristate, Caprylic/Capric Triglyceride, C12-C15 Alkyl Benzoate, Cetyl Palmitate, Myristyl Myristate, Octyl Hydroxy Stearate, Butyl Stearate, and others. The Isopropyl Myristate segment is estimated to hold the largest market share during the forecast period as the product has low viscosity, prevents oxidation isopropyl myristate, is actively absorbed in the skin, and is commonly used in cosmetic product formulation.

Based on Source, the market is segmented into Plant-Based Emollient, Animal-Based Emollient, and others. The Plant-Based Emollient segment is projected to hold the largest market share in the Emollient Esters market during the forecast period as consumers’ preferences are shifting towards organic products.

Based on Application, the market is segmented into Skin Care, Hair Care, Oral Care, Cosmetics, Baby Wipes, Deodorants, and others. The Skin Care segment is projected to hold the largest market share in the Emollient Esters market during the forecast period due to rising demand for anti-aging creams, lipsticks, sun-protecting lotions, face creams & moisturizers, and other cosmetics.

Regionally, the European region holds the largest revenue share in 2020 and is estimated to register significant growth during the forecast period due to deviation in consumers’ preferences towards usage of sun care products, anti-aging, anti-blemish creams, and lotions. On the other hand, North America and Asia-Pacific accounted for the significant growth rate during the forecast period owing to the changing lifestyle, growing awareness for personal hygiene, and rise in the purchase of cosmetics & personal care products.

Some of the prominent players are Ashland Inc., AAK AB, Solvay SA, BASF SE, Clariant AG, Croda International PLC, Dow Chemical Co., Eastman Chemical Company, Evonik Industries AG, Lonza Group Ltd., Innospec Inc., Stepan Company, Lonza Group Ltd., the Lubrizol Corporation, Lipo Chemicals, Innospec Inc. and, among others.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Emollient Esters Market by product type, source, application, and region. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Ashland Inc.
  • AAK AB
  • Solvay SA
  • BASF SE
  • Clariant AG
  • Croda International PLC
  • Dow Chemical Co.
  • Eastman Chemical Company
  • Evonik Industries AG
  • Lonza Group Ltd.
  • Innospec Inc.
  • Stepan Company
  • Lonza Group Ltd.
  • Lipo Chemicals
  • Innospec Inc.
  • The Lubrizol Corporation

Product Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Isopropyl Myristate
  • Caprylic/Capric Triglyceride
  • C12-C15 Alkyl Benzoate
  • Cetyl Palmitate
  • Myristyl Myristate
  • Octyl Hydroxy Stearate
  • Butyl Stearate
  • Others

Source Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Plant-Based Emollient
  • Animal Based Emollient
  • Others

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Skin Care
  • Hair Care
  • Oral Care
  • Cosmetics
  • Baby Wipes
  • Deodorants
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • Latin America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global Emollient Esters market size is estimated at USD 420.8 million in 2020, expanding at a CAGR 6.1% from 2021-2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide market is characterized by the presence of large number of small scale and medium scale players.

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