ID: MRFR/CnM/2691-HCR | 138 Pages | Published By Chitranshi Jaiswal on April 2023
Isopropyl Esters Market OverviewIsopropyl Esters are manufactured by the reaction of methyl ester with isopropyl alcohol. Isopropyl Esters such as isopropyl myristate, isopropyl laurate, isopropyl palmitate, and isopropyl oleate are good skin penetrating agents, and are widely used as an emollient, moisturizer, and thickening agent in cosmetics & personal care industry. Isopropyl Esters are widely used in food and cosmetics due to characteristics such as non-toxicity and skin-friendly nature. They possess excellent cold flow properties which makes them suitable for usage in biodiesel. Isopropyl Ester is used as a solvent in medicine preparation and is extensively utilized in the pharmaceutical industry.
List of Key Players in the Isopropyl Esters Market
The prominent players operating in the Isopropyl Ester Market include
Global Isopropyl Esters Market Share by End Use Industry (2016), (%):
Globally, skin care products account for over 45% of overall cosmetics & personal care market. The increasing usage of Isopropyl Esters in skincare products such as lotions, moisturizers, and skin creams is expected to fuel market growth over the forecast period. The growth in consumption of sports & energy drinks and natural juices has propelled the usage of Isopropyl Esters in food processing industry.
The Global Isopropyl Ester Market is segmented on the basis of application, end use industry and region. Based on the application, market is segmented into emollient, flavoring agent, plasticizer, solvent, engine fuel, and others. Based on the end use industry, the market is categorized into lubricant, surfactant & detergent, food, cosmetics & personal care, pharmaceutical and others. Based on region, this market is segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.
The report covers brief analysis of geographical regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
|Market Size||2030: Significant value|
|CAGR||Substantial CAGR (2022-2030)|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Application, End-Use Industry and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||BASF SE (Germany), Procter & Gamble (U.S.), Oleon NV (Belgium), Sigma-Aldrich Co. LLC (U.S.), Hangzhou Dayangchem Co. Limited (China), Alfa Aesar, Thermo Fisher Scientific (U.S), Musim Mas Holdings. (Singapore), Shodhana Laboratories Ltd (India) and others.|
|Key Market Opportunities||Isopropyl Esters are widely used in food and cosmetics|
|Key Market Drivers||Increasing usage as a flavoring agent in food industry|
Isopropyl Esters Market is predicted to grow at Substantial CAGR through forecast period of 2022-2030.
The forecast period for Isopropyl Esters Market Research report is 2022-2030.
Isopropyl Esters Market is dominated by APAC region.
Increasing usage as a flavoring agent in food industry
BASF SE (Germany), Procter & Gamble (U.S.), Oleon NV (Belgium), Sigma-Aldrich Co. LLC (U.S.), Hangzhou Dayangchem Co. Limited (China), Alfa Aesar, Thermo Fisher Scientific (U.S), Musim Mas Holdings. (Singapore), Shodhana Laboratories Ltd (India) and others.