Scope of the Study
Emollient esters are defined as the cosmetic ingredients which help maintain skin's softness and plasticity. It is widely used in personal care formulations. Various benefits of using emollient esters namely thickening anhydrous water in oil and oil in water formulations, moisturizing, improves the elasticity of skin, prevent skin moisture loss and enhancing the texture of hair and skin, reducing skin blemishes and wrinkles. Growing cosmetic and personal care industry and rising demand for skin and hair care products are some of the major drivers which are propelling the growth of the market.
The market study is being classified by Type (Isopropyl Myristate, C12-15 Alkyl Benzoate, Caprylic/Capric Triglyceride, Cetyl Palmitate and Myristy l Myristate), by Application (Hair Care, Skin Care, Sun Care and Oral Care) and major geographies with country level break-up.
Ashland Inc. (United States), Evonik Industries AG (Germany), Lonza Group Ltd. (Switzerland), Stepan Company (United States), Innospec Inc. (United States), Croda International Plc. (United Kingdom), Lubrizol Corporation (United States) and BASF SE (Germany) are some of the key players profiled in the study.
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global emollient esters market can witness an upsurge in the forecast period. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Emollient Esters market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Emollient Esters market by Type, Application and Region.
On the basis of geography, the market of Emollient Esters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-User, the sub-segment i.e. Personal Care will boost the Emollient Esters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Involvement of Governments and Cosmetic Associations
- Increasing Demand of Multifunctional Products
- Higher Growth in Asia-Pacific Market
Market Trend
- Technology Advancement of the Emollient Esters
Restraints
- Dependency on Personal Care Market
- Usage of Strong Acids and Solvent
Opportunities
- Improving Living Standards
- Higher Growth in Asia-Pacific Market
- Increasing Demand for Green Emollient Esters
Challenges
- High prices of Emollient Esters Products
Market Leaders and their expansionary development strategies
On January 2011, the Lubrizol Company had acquired alco Personal Care Business, which manufactures emollient esters, unique sensory modifiers, and cationic cassia conditioning polymers. This acquisition will help in strengthening the position of the company in the future.
On September 2012, the Inolex (United States) Company has Launched New, Natural Emollients for Personal Care Made with BioAmber Succinic Acid. It will benefit the increased product portfolio of the company in the future.
Key Target Audience
Manufacturers of Emollient Esters, Suppliers of Emollient Esters, Wholesalers, Distributors and Retailers of Emollient Esters, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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