Isostearic Acid Market: Introduction

Isostearic acid is a clear yellow, liquid fatty acid produced by the reaction of oleic acid with a natural mineral catalyst. It is soluble in many oils; therefore, it is used as an emulsifier or dispersant. It is also used as an additive in various adhesives, coatings & paints, finishing agents, lubricants, sealants, solvents, viscosity adjusters, and surfactant formulations. Majorly it is used as an emulsifiers in personal care and cosmetic products.

Global Isostearic Acid Market: Market Dynamics

The cosmetics and personal care industry are major consumers of isostearic acid globally. It is a key ingredient used to produce a broad range of cosmetic and personal care products such as skin care, hair care, bath & shower products, liquid soaps, and sun protection creams. Growing purchasing power, and increasing consciousness about personal grooming is expected to drive the sales of cosmetic and personal care products. This, in turn, indirectly drives the isostearic acid market. Substitutes such as palmitic acid, lauric acid, oleic acid, ricinoleic acid, and coconut fatty acid are readily available in the market at lower prices. This is likely to restrain the global market.

Global Isostearic Acid Market: Segmentation

Based on application, the global isostearic acid market can be segmented into personal care, cosmetics, chemical esters, lubricants & greases, and others. Isostearic acid is used in various personal care formulations, as it functions as an emollient and co-emulsifier. It replenishes the moisture in the skin by functioning as an emollient, hence it is used in moisturizing creams, skin creams, lotions, sunscreen preparations, and shower gel formulations. Use of isostearic acid in the preparation of cosmetic formulations protects the skin from oxidative damage. This acid is used in industrial application for stabilizing pigments in oils and solvents. It is used as a surface treating agent, plating agent, lubricant additive, corrosion inhibitor, and grease thickener. Isostearic acid is used in automotive care products and industrial cleaning & furnishing products.

Global Isostearic Acid Market: Regional Outlook

In terms of region, the global isostearic acid market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the global isostearic acid market in terms of volume. China is a key producer isostearic acid in Asia Pacific owing to the presence of a large number of chemical manufacturing companies in the region. China is considered as a chemical manufacturing hub and a large number of Europe- and U.S.-based multinational corporations are establishing their manufacturing bases in the country. Easily available raw materials, abundance of skilled labor, and increase in foreign direct investment have made China a lucrative country for the isostearic acid market. Japan, India, and South Korea are major countries for the market in Asia Pacific.

Global Isostearic Acid Market: Key Players

Key players operating in the global isostearic acid market include Kraton Corporation, Vantage Specialty Ingredients, Inc., Croda International Plc., BOC Sciences, SysKem Chemie Ltd., Jarchem Industries Inc., Sigma-Aldrich Co., Oleo Solutions Ltd., Santa Cruz Biotechnology Inc., and Foreverest Resources Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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