Isostearic Acid Market Size & Share, by Application (Personal Care, Chemicals Esters, Lubricants & Greases, Food Additive, Pigment Enhancer); End-Use (Personal Care, Home Care, Food & Beverages, Pharmaceutical, Automotive, Textile) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5432
  • Published Date: Dec 01, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Isostearic Acid Market size is poised to reach USD 1 Billion by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of Isostearic Acid was USD 297 Million. The reason behind the growth is due to the growing investment in the skin care industry across the globe resulting from the rise of social media, enhanced logistics, and e-commerce which has led to an increasing emphasis on wellness and skincare and the introduction of new cosmetic goods in the industry. According to estimates, in 2020, the global beauty market spent around USD 480 billion, and by 2025, it is predicted that yearly spending will surpass USD 715 billion.

The growing interest in bio-based products is believed to fuel the market growth. Bio-based cosmetics, which are made from renewable, living, non-animal sources such as crops, are quickly capturing the interest of consumers since the rising safety concerns and regulatory constraints are causing the phase-out of petroleum-derived preservatives including parabens and formaldehyde donors. For instance, bio-based products may currently make up more than 35% of the ingredients listed for personal care goods.


Isostearic Acid Market
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Isostearic Acid Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~7%

Base Year Market Size (2023)

~ USD 297 Million

Forecast Year Market Size (2036)

~ USD 1 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Isostearic Acid Sector: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Rising Usage as a Food Additive - Isostearic acid is a chemical molecule that is obtained from renewable resources and is frequently added to food items as an emulsifier and is commonly used as an additive in food products.
  • Growing Applications in Metalworking Fluids- Isomeric acid's lubricating qualities are often utilized to create metalworking fluids, which are mostly mineral oil-based lubricants that are used in machining processes.
  • High Demand for Detergents- Isostearic acid, is one the main ingredients in low foam surfactants which is used in cleaning detergents and can also be used as an emulsifier, and wetting agent.
  • Increasing Drug Development– Isostearic acid is utilized in medicinal preparations as emollients and also as an active ingredient in imiquimod compositions intended to cause models of psoriasiform illness a skin inflammatory condition that affects over 2% of people.

Challenges

  • Varying Prices of Raw Materials - Isostearic acid is derived from both vegetable and animal fats and oils the costs of which typically vary daily owing to bad weather that damages crops, and geopolitical instability. Moreover, due to the conflict in Ukraine, the prices of sunflower, soybean, and palm oils have been rising. For instance, more than 55% of the world's sunflower oil production and an astounding 74% of exports come from the Black Sea countries of Russia and Ukraine. Additionally, prices for animal fats and oils are susceptible to fluctuations since fewer animals are killed domestically and more tallow is exported which is said to directly affect the price of biofuel.
  • Exorbitant Cost of Isostearic Acid Owing to Supply Chain Disruptions
  • Existence of Substitutes Resulting in Intense Competition in the Market


Isostearic Acid Segmentation

End-Use (Personal Care, Home Care, Food & Beverages, Pharmaceutical, Automotive, Textile)

The personal care segment in the isostearic acid market is estimated to gain a robust revenue share of 35% in the coming years owing to the growing need for eco-friendly skin care products. Over the past seven years or so, the global market for eco-friendly items has expanded geometrically they are entirely free of any chemicals and dangerous substances and made entirely of natural materials, eco-friendly items that assist in safeguarding the environment from pollution while also enhancing human mental and physical health and be available for use by future generations, increasing the sustainability of the planet and the universe. As a result, the demand for isostearic acid is expected to rise.

Isostearic acid is a naturally occurring substance that comes only from vegetable sources and is known to biodegrade easily and has exceptional emollient and moisturizing qualities which make it suitable for use in a wide range of skin care and color cosmetic applications, including cleansers, sunscreens, and deodorants. Moreover, this fatty acid is used in a lot of cosmetic goods as it has a gentle lubricating sensation.

Application (Detergents, Chemicals Esters, Lubricants & Greases, Food Additive, Pigment Enhancer)

Isostearic acid market from the chemicals esters segment is set to garner a notable share shortly. Based on isostearic acids, there exist several chemical esters such as ethyl isostearate, sorbitan isostearate, isopropyl isostearate, trimethylopropane tri-isostearate, glycerol monoisostearate, and tri-isostearin that are utilized as ingredients in skin care and cosmetic items including lipsticks and hair care products owing to its several properties including strong adhesion and dispersion, emollient and water-repellent qualities.

Besides this, some chemical esters, such as pentaerythritol tetraisostearate also known as pentaerythritol tetrastearate, or simply PETS with long-chain fatty acids like stearic acid, can be found in synthetic greases that consist of over-75 % synthetic base oil, which serves as the lubricants that are utilized in metalworking, rolling steel sheets, and metal cutting.

Furthermore, sorbitan ester is frequently found in items for home and personal care including physical sunscreens and ornamental cosmetics, as a wetting agent, coupling agent, and dispersion agent, and is also frequently employed in the food sector, particularly in the manufacturing of chocolate and margarine.

Our in-depth analysis of the global isostearic acid market includes the following segments:

          Application

  • Detergents
  • Chemicals Esters
  • Lubricants & Greases
  • Food Additive
  • Pigment Enhancer

          End-Use

  • Personal Care
  • Home Care
  • Food & Beverages
  • Pharmaceutical
  • Automotive
  • Textile
 

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Isostearic Acid Industry - Regional Synopsis

European Market Forecast

Isostearic Acid market in Europe is predicted to account for the largest share of 35% by 2036 impelled by the growing focus on sustainability. The EU has been one of the leaders and the most active supporters of the 2030 Agenda for Sustainable Development and has instituted laws and programs such as the European Green Deal to achieve carbon neutrality for the EU by 2050. These factors are expected to drive the demand for isostearic acid in several end-use industries in the region since it is produced using sustainable resources and is a plant-based specialty chemical that makes it possible to create products that are equally efficient and sustainable.

By 2050, the EU intends to have achieved net-zero greenhouse gas emissions and also establishes an intermediate goal of around 54% decrease from 1990 levels by 2030.

APAC Market Statistics

The Asia Pacific Isostearic Acid market is estimated to be the second largest, during the forecast timeframe led by the rising personal disposable income. India's rising middle class and rising disposable incomes are supporting the growth of the personal care and cosmetics segments and have additionally raised consumer demand for high-end cosmetics and personal care items.

According to a survey, in urban India, over 23% of the more than 1,000 respondents reported a net rise in their disposable income.

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Isostearic Acid Market Size
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Companies Dominating the Isostearic Acid Landscape

top-features-companies
    • KRATON CORPORATION
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Croda International Plc
    • KOKYU ALCOHOL KOGYO CO., LTD.
    • Oleon NV
    • Nissan Chemical Corporation
    • Emery Oleochemicals
    • Jarchem Innovative Ingredients LLC
    • KLK EMMERICH GmbH
    • Santa Cruz Biotechnology, Inc.
    • Vantage Specialty Chemicals
    • Foreverest Resources Ltd.
    • SysKem Chemie GmbH
    • Angstrom Engineering Inc.
    • Vertellus

In-the-news

In The News

  • Vertellus acquired Jarchem Innovative Ingredients to introduce its attractive product portfolio to more customers worldwide and increase its provision of ecologically friendly ingredients and services in high-growth specialty, personal, home, and healthcare markets.
  • Oleon NV announced to provide a range of products, including emollients, emulsifiers, bodying agents, and solubilizers produced from renewable resources such as sunflower, palm, coconut, and rapeseed oil.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5432
  • Published Date: Dec 01, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing investment in the skin care industry across the globe and the growing interest in bio-based products are the major factors driving the growth of the market.

The market size of isostearic acid is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2024-2036.

The major players in the market are Croda International Plc, KOKYU ALCOHOL KOGYO CO., LTD., Oleon NV, Nissan Chemical Corporation, Emery Oleochemicals, Jarchem Innovative Ingredients LLC, KLK EMMERICH GmbH, Santa Cruz Biotechnology, Inc., Vantage Specialty Chemicals, and others.

The Personal Care segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the European region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Isostearic Acid Market Report Scope
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