Emollient Ester Market Overview:
Emollient ester is a chemical ingredient used in cosmetic formulations that protect the skin from moisture loss and help maintain natural smoothness. They offer multifunctional properties, such as organic sun protection solubilizers, inorganic sun protection dispersants, and excellent skin diffusion. It has certain advantages, since it helps to condition the hair, prevents the loss of moisture from the skin, modifies the appearance of the skin and improves the elasticity of the skin.
Emollient Ester Market Size, Growth Rate:
According to the research report, Emollient Ester Market size was valued at USD XX Million in 2017 and this figure estimated to cross USD XX Million by the end of 2022, and it is growing at a CAGR of XX% during the forecast period 2018-2022
Emollient Ester Market Drivers and Restraints:
Emollient esters offer many durable properties to personal care formulations and also help solve complex problems in the manufacture of cosmetics. Hair care and skin care products are in great demand in the personal care sector, which should help market growth. The aging of the population and the increasing use of cosmetics by younger generations are factors responsible for the rapid growth of the personal care sector. Many suppliers and manufacturers of chemicals are responding quickly to the rapid demand for emollient ingredients in oral care, hair, skin and more. The grooming market for men is also experiencing healthy growth, which in turn is affecting the global emollient ester market. The expansion of products and cosmetics for natural and biological personal care will promote market growth in the coming years.
Emollient Ester Market Regional Presence:
The market is growing in the Asia Pacific region due to the change in consumer preferences, combined with strong demographic trends, which should stimulate the future for emollient esters. The rapid growth of population and urbanization, as well as the increase in disposable income, are factors that positively influence the growth of the market in this region. The presence of multinational corporations and the growing number of personal care and beauty products in North America are driving market growth.
European countries are experiencing considerable growth in the market due to the fact that there is a certain division of population in this region that is more prone to anti-wrinkle lotions, sunscreen creams , nd anti-aging creams.
Some of the promising companies in the Emollient Ester Market:
- Ashland Inc.
- Lipo Chemicals, Inc.
- Phoenix Chemical, Inc.
- Croda International Plc.
- Stepan Company
- BASF Corporation
- Abitec Corporation
- Lonza Group Ltd.
- RITA Corporation
- Evonik Industries AG
Emollient Ester Market Detailed Segmentation:
Emollient Ester Market – By Product:
- Isopropyl Myristate
- C12-15 Alkyl Benzoate
- Caprylic/Capric Triglyceride
- Cetyl Palmitate
- Myristy l Myristate
Emollient Ester Market – By Application:
- Skin Care
- Hair Care
- Oral Care
Emollient Ester Market – By Geographical Segmentation:
- North America
- United Kingdom
- South Korea
- Latin America
- Middle-East & Africa