Isostearic Acid Market 2021 – Increase in Demand Expected in Forecasted Year to 2030 Top Manufacture with Types and Applications

In a recent published report, Kenneth Research has updated the market report for Isostearic Acid Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Isostearic Acid Market products.

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“Final Report will add the analysis of the impact of COVID-19 on this industry.”

As per the latest report published by Variant Market Research, Global Isostearic Acid Market is estimated to reach $630 Million by 2024; growing at a CAGR of 8.4% from 2016 to 2024. In terms of volume the market is expected to reach 86 Kilo Tons by 2024. Isostearic acid is a liquid fatty acid formed by the reaction of oleic-acid with a natural mineral catalyst. The branched structure of isostearic acid improves its dispersing power because of which it is used in industrial and cosmetic applications for the stabilization of pigments and mineral particles in oils and solvents. This ingredient acts as emollient, emulsifier or cleaning agents depending on the type of personal care product that are manufactured. Owing to its high thermal, odor, and oxidation stability, these acid finds its application across numerous industries such as lubricants, chemical esters, personal care, textiles, and packaging.

The growth of global isostearic acid is majorly driven by factors such as rising demand of bio-lubricants, growing demand for personal care products, and enlarging end use industries. However, high cost of isostearic acid is expected to restrict the market growth. Besides, growing beauty products market in cooperation with cosmetics globally is expected to open up new growth opportunities for the market in the forecast timeframe.

End-use industry, and geography are the major segments considered in the global isostearic acid market. Chemical esters, lubricants and greases, personal care, and other end-use industry are the classification of end-user segments.

Based on geography, global isostearic acid market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consists of UK, Germany, and Rest of Europe. Asia-Pacific is segmented into China, Japan, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The key market players include Arizona Chemical Company, LLC, Croda International, Nissan Chemicals, Jarchem Industries, Inc., and Emery Oleochemicals, among others.

The key takeaways from the report
The report will provide detailed analysis of Isostearic Acid Market with respect to major segments such as end-user industries, and geography
The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Isostearic Acid Market has been included in the report

Profile of the key players in the Isostearic Acid Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Isostearic Acid Market
End-Use Industry Segments

Chemical Esters
Personal Care
Lubricants and Greases
Other End-User Industries
Geographical Segments

North America
Rest of Europe
Rest of Asia-Pacific
Rest of the World
South America
Middle East

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