Isoeicosane Market Size, Share & Industry Analysis, By Function (Emollient, Skin Conditioner, Plasticizer, Others), By End-Use (Hair Care, Skin Care, Eye Care, Others) And Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Isoeicosane is a hydrocarbon emollient and synthetic liquid oil. It is primarily used as an alternative to mineral oil and silicone in the personal care and cosmetics industries. Moreover, for cosmetic applications, isoeicosane is used as a plasticizer, skin conditioner, emollient, and solvent, where it aids in removing body moisture and prevention of water loss from skin cells. The product also has a satiny look and feel on skin and hair, and is commonly used in conditioners to add shine and silkiness. The rising advancement in cosmetic products will increase the adoption of isoeicosane and will fuel the market growth.
The rapid growth in the cosmetics industry will increase the adoption of ioseicosane during the forecast period. The factors such as the rapidly growing fashion industry and increasing skin consciousness amongst the people are influencing the cosmetics & personal care industry. The rising disposable income of the people has also contributed to the growth of the cosmetic industry. Furthermore, isoeicosane is a better quality and affordable susbtitute to mineral oil and silicone oil which has severe impact on the skin, leading to consumer shift towards isoeicosane. Hence, aforementioned factors will fuel the global market growth in the review period.
However, the increasing adoption of natural products by the consumer is affecting the adoption of isoeicosane. Hence, this is anticipated to hamper the market growth.
Key Market Driver -
Rapid growth in cosmetics industry will drive the adoption of isoeicosane.
Key Market Restraint -
Increasing adoption of natural products to hamper the market growth
Market Segmentation:
Based on function, the isoeicosane market is segmented into emollient, skin conditioner, plasticizer, and others. Based on end-use, the market is segmented hair care, skin care, eye care, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Players Covered:
The key players in the isoeicosane market include INEOS Oligomers, The innovation Company, Givaudan Active Beauty, The Fanning Corporation, Presperse Inc., Lanxess, Création Coleurs, Elementis, Savannah, and SPE Cosmetics.
Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Mergers, Acquisition, Partnership, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenarios
- Porters Five Forces Analysis
Regional Analysis:
The Asia Pacific is forecasted to hold the highest market share of the isoeicosane market. The growth is associated with the increasing health consciousness of the people and rising demand for hair and skin care products. The rapid growth in the cosmetics and fashion industries will fuel the market growth in Europe, in which UK, Germany, and Italy are the leading countries. In North America, the growth is associated with the rising demand for isoeicosane in skincare products. The expansion of cosmetic & personal care industry in Latin America will create a lucarative opportunity for the market to grow. The Middle East & Africa is anticipated to witness significant growth, owing to rising product utilization for personal care.
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Segmentation
ATTRIBUTE | DETAILS |
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By End-Use |
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By Geography |
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- Ongoing
- 2023
- 2019-2022
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