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2022
Isobutyl Stearate Market

Isobutyl Stearate Market by End User (Personal Care, Metal Working, Plastic Processing, and Others) and Application (Lubricants, Cosmetics, Coatings, Polishes, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 133 Views
   
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COVID-19

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Isobutyl stearates are stearate esters that are oily liquids or waxy solids. Isobutyl stearate is known with many chemical names such as isobutyl ester, 2-methylpropyl ester, octadecanoic acid, and Kessco IBS. Isobutyl stearate has molecular weight of 340.592 g/mol. It is an ester made of combination of isobutyl alcohol and stearic acid. Stearic acid is found in animal and vegetable fats. Low viscosity and oily nature of stearate esters helps in the formation of non-greasy hydrophobic film when applied to lips or skin. Isobutyl stearate esters are majorly used in cosmetics and personal care products. Stearate esters primarily act as lubricants on the skin surface due to their oily or waxy property.

This gives skin a soft and smoothening appearance. Isobutyl stearate content when applied on skin in form of skin cosmetics forms a thin coating. Thus, isobutyl stearate acts as a skin conditioning agent. It is used during the formulation of eye makeup, lipstick, and skin makeup. Isobutyl stearate is used in other applications in metalworking and industrial segments due to its lubricant nature. Rise in demand for personal care products and bio-lubricants in the metal working industry is one of the key drivers of the isobutyl stearate market. However, slow growth of metalworking fluid market which is one of the key applications of IBS and confined production of IBS in limited countries in Europe are the major restraints for the market.

Market scope and Structure Analysis

Report Metric

Detail

Market size available for years

  2019-2030

  Base year considered

  2020

  Forecast period

  2021-2030

  Forecast unit

  Value (USD)

  Segments Covered

  End User and Application

  Companies Covered

Sigma-Aldrich Co. LLC., A&A Fratelli Parodi Spa, Emery Oleochemicals, Fine Organics Ltd., Industrial Química Lasem SA, Oleon NV, Hangzhou DayangChem Co., Limited, Faci S.p.A., Mosselman S.a., Haihang Industry Co., Ltd.

 


Covid-19 Impact Analysis 

  • The coronavirus's unfavorable global effects are already evident, and they will have a big impact on the Isobutyl stearate in 2020.
  • The World Health Organization has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease has spread to over 100 nations and resulted in massive deaths all across the world. Exports & Imports, global manufacturing, tourism, and financial sectors have all been heavily damaged.
  • The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the virus has added danger factors to the international economy's already sluggish development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis.
  • The lockdown has resulted in hampering the imports and exports of various goods. Also, the uncertainty created in the market in the consumers’ buying pattern has resulted in hampering of the Isobutyl stearate.

Top Impacting Factors

The global isobutyl stearate market is dependent on the supply & demand of end-use industries, and the raw materials. Stearic acid is the main raw material, which is obtained from vegetable and animal fats, any fluctuations in the supply of steric acid have a direct effect on the isobutyl stearate manufacturers. Also, the substitutes for isobutyl stearate are butyl stearate itself, which can also be used for the same application wherein isobutyl stearate is used and thus restricts the market to some extent.

The personal care and cosmetic manufacturers are the chief customers for isobutyl stearate chemical and their growth basically drives the isobutyl stearate consumption rate. Further, the factors which indirectly supports the cosmetic & personal care manufacturers’ growth is the rising disposable income of individuals, urbanization & development of megacities, demographic trends, penetration of premiumization.

Market trends

  • The increasing consumption in metalworking fluids and personal care industry drives the global Isobutyl stearate market.
  • Isobutyl stearate (IBS) is an ester which is primarily used in metalworking, personal care and other industrial activities. It is a stearate ester which is available in both oily liquid and waxy solid forms. Isobutyl stearate due to its less toxicity is widely preferred as an ingredient in personal care products. Similarly, the use of esters in metal lubricating application has increased over the years due to its excellent lubricating properties. It improves the lubricity of different metals like copper, steel and aluminum. The demand for isobutyl stearate is expected to grow in the coming years, due to its increasing consumption in metalworking fluids and personal care industry. Stearate esters have excellent lubricating properties and therefore preferred as metalworking lubricants. These esters have a low viscosity and are also used in personal care products.
  • Rising demand for the market in the growing economies is a key driver for the market.
  • Continuous increase in online beauty spending, expansion of social networks, consumers' interest in new, different, and premium products, acceleration of urbanization worldwide, and growth of the upper-middle classes all over the world and especially in Asia, where consumers are both knowledgeable and enthusiastic about this segment, are some of the major factors that contribute to the steady growth of the cosmetics and personal care market.
  • Rising demand in various end-use industries like pharmaceuticals and textile is also expected to boost the market growth.
  • Isobutyl stearate is also used in topical pharmaceuticals. The Asia-Pacific pharmaceutical market is the third-largest pharmaceutical market in the world after North America and Europe, owing to the size of the population, especially the older population, GDP per capita, health expenditures, and regulatory systems, among others. In textile manufacturing, countries such as Vietnam, Bangladesh, China, India and Hong Kong stand out among the top 10 global manufacturers, hence, indicating regular demand for isobutyl stearate to be used as a lubricant for textile processing.

Key Benefits of the Report

  • This study presents the analytical depiction of the Isobutyl stearate industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Isobutyl stearate share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight Isobutyl stearate growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Isobutyl stearate analysis based on competitive intensity and how the competition will take shape in coming years
  • Questions answered in the Isobutyl Stearate Report
  • Who are the leading market players active in the Isobutyl Stearate?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
    • What is “Isobutyl Stearate “?
    • What does " Isobutyl Stearate " allow organizations to achieve?
    • Which technologies combine to make “Isobutyl Stearate “a critical organizational asset?
    • What is " Isobutyl Stearate” Market prediction in the future?
    • Who are the leading global players in the “Isobutyl Stearate” market?
    • What are the current trends and predicted trends?
    • What are the challenges faced in the " Isobutyl Stearate” Market?
    • What are the key benefits of the “Isobutyl Stearate “Market report?
    • What will be the anticipated growth rates for your own Isobutyl Stearate economy altogether and for every segment inside?
    • What are the driving factors and opportunities in the market?            

Key Market Segments

Segments Sub-segments
By End User
  • Personal Care
  • Metal Working
  • Plastic Processing
  • Others
By Application
  • Lubricants
  • Cosmetics
  • Coatings
  • Polishes
  • Others
By REGION
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA


Key Market Players

  • Sigma-Aldrich Co. LLC.
  • A&A Fratelli Parodi Spa
  • Emery Oleochemicals
  • Fine Organics Ltd.
  • Industrial Química Lasem SA
  • Oleon NV
  • Hangzhou DayangChem Co., Limited
  • Faci S.p.A.
  • Mosselman S.a.
  • Haihang Industry Co., Ltd.


Other Key Market Players

  • Mosselman S.A.
 
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