Isostearic acid consumption has gradually increased in the market due to increasing automotive and industrial activities driving demand for it. On the basis of applications, global isostearic acid market is segmented into Personal Care, Chemical Esters, Lubricant & Greases and others. Lubricant & Greases market accounted for larger share of global isostearic acid market. According to industry experts, Lubricant & Greases is expected to remain the key driver for isostearic acid market coupled with increasing demand for personal care owing to growing per capita consumption and increasing export of cosmetic products especially in European and Asian regions. Growing demand for isostearic acid due to growing food and chemical industry is expected to fuel the demand for chemical esters segment over the forecast period. These factors have led to strong growth of isostearic acid in the market worldwide.

On the basis of region, global isostearic acid market segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2015, Europe was observed as the largest and Asia pacific was the fastest growing market for isostearic acid with XX% and XX% market share by value respectively. The market for isostearic acid in Latin America and Middle East & Africa is likely to grow considerably during the forecast period owing to increase in utilization of isostearic acid in lubricants and Greases. North America accounted for more than more than XX% chunk of the market pie in terms of value and volume in 2015 and is projected to witness moderate growth rate during the forecast period of 2016 to 2023.

Isostearic acid market is expected to reach over US$ 539 Mn by 2023, growing at a CAGR of 7.1% during the forecast period 2016-2023.

Purpose of the Report

The purpose of this strategic research study titled “Isostearic Acid Market – Growth, Future Prospects and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the isostearic acid market.

Target Audience

• Industry Investors
• Procurement Managers from End user Companies
• Isostearic Acid Manufacturers
• Distributors

USP and Key Offerings

The report titled “Isostearic Acid Market – Growth, Future Prospects and Competitive Analysis, 2016 – 2023” offers strategic insights into the overall isostearic acid market along with the market size and estimates for the duration 2016 to 2023. The said research study covers in-depth analysis of multiple market segments based on, application type and cross-sectional study across different regions.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in isostearic acid market and key strategies adopted by them. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the isostearic acid industry
• Market drivers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Historical 2-Years market size data (2013 – 2014)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the isostearic acid market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above mentioned factors.

On the basis of its application, the isostearic acid market is categorized into following segments:

• Personal Care
• Chemical Esters
• Lubricant and Greases
• Others

Global isostearic acid market revenue is expected to grow at significant rate of 7.1% over the forecast period 2016-2023. Growing demand for lubricants and greases due to increasing automotive and industrial activities is expected to drive the growth of isostearic acid market over the forecast period. According to industry experts, lubricants and greases is expected to remain the key driver for isostearic acid market coupled with increasing demand for personal care owing to growing per capita consumption and increasing export of cosmetic products especially in region such as Europe which is anticipated to fuel the growth of isostearic acid market. Growing demand for isostearic acid due to growing food and chemical industry is expected to fuel the demand for chemical esters segment over the forecast period. Increasing demand for isostearic acid especially in Asia pacific due to rapid growth of population in emerging economies such as India and China is anticipated to fuel the demand for the soap segment in global isostearic acid market over the forecast period 2016-2023. Moreover, Asia pacific is expected to witness fast growth for isostearic acid, largely due to increasing exports of cosmetic and personal care products from China, Japan, and South Korea. Other factors such as growing array of applications as surfactant, cleansing agent, and a binder is also expected to drive the growth of isostearic acid during the forecast period.

On the basis of geography, the global isostearic acid market is segmented into following categories,

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East & Africa

Global isostearic acid market is segmented by geography into North America, Europe, Asia Pacific, Latin America and Middle East & Africa regions. In 2015, Europe was observed as the largest and Asia pacific was the fastest growing market for isostearic acid with XX% and XX% market share by value respectively. Due increasing personal care and cosmetics industry exports from China, Japan and South Korea; over past few years isostearic acid is gaining popularity in personal care application in Asian countries. The market for isostearic acid in Latin America and Middle East & Africa is likely to grow considerably during the forecast period owing to increase in utilization of isostearic acid in lubricants and greases.