Colored cosmetics and skin care products account for 66% of isohexadecane sales

0

The 2 main players in the isohexadecane market to order more than 60% of sales

The Isohexadecane Market Research published by Fact.MR offers comprehensive analysis and focused insights into key trends that are expected to shape future growth prospects. The report provides detailed analyzes of the main drivers, trends, challenges and opportunities prevailing for the coming decade in key geographies and segments.

NEW YORK, December 7, 2021 / PRNewswire / – Fact.MR – A supplier of market research and competitive intelligence: The global isohexadecane market is expected to experience steady growth through 2021 and beyond with increasing demand for high-end personal care and skin care products. The increasing use of isohexadecane and petroleum-based isohexadecane for the production of sun care and skin care products will drive the market.

Fact.MR Logo

The growing awareness of Millennials regarding their skin care has accelerated the demand for premium personal care products. Therefore, the major manufacturers of isohexadecane are collaborating with local and regional players in the personal care and cosmetics industry to increase their revenues.

However, with a growing preference for natural and organic personal care products, the uptake of isohexadecane is expected to decline over the years. This, in turn, should hamper sales.

According to Fact.MR, the market grew slowly at 3% CAGR between 2014 and 2019. The demand is expected to increase with the growing presence of local players in economies such as India, Vietnam, and Brazil surges.

For critical information on this market, request more information
https://www.factmr.com/connectus/sample?flag=S&rep_id=4369

Additionally, in the wake of the COVID-19 outbreak, millennials in the aforementioned countries are increasingly aware of their personal hygiene and skin care routines. As a result, sales of hair dye, sun care, and antiperspirant / deodorant products increased during FQ-20.

In this context, major players have accelerated the adoption of isohexadecane to take advantage of the growing demand for high-end personal care and cosmetic products. Regionally, ASEAN countries are expected to experience lucrative growth opportunities during the forecast period of 2019 and 2029, Fact.MR estimates.

“The increasing adoption of petroleum-based isohexadecane for the production of high-end cosmetics is expected to drive sales. In addition, with the growing demand for these high-end products across India, Indonesia, Brazil, and Vietnam, key players are partnering with players in the personal care and cosmetics industry to gain a competitive advantage, ”said a Fact.MR analyst.

Key points to remember:

  • In terms of end use, hair care products segment is expected to experience the fastest growth in isohexadecane market until 2021

  • The colored cosmetics and skin care products segment, collectively, is expected to account for the largest share of the demand during the forecast period

  • China should become the most lucrative pocket of East Asia due to the increasing demand for high-end cosmetic products for hair and skin

  • India and Brazil should lead the growth of South Asia and Latin America isohexadecane market during the forecast period

  • With a strong presence of leading players and growing demand for sunscreens and skin cosmetics, the United States is expected to dominate North America isohexadecane market

Growth drivers:

  • Growing use of isohexadecane for the production of antiperspirants and deodorants will drive the market

  • Growing sales of high-end products in developed economies such as the United States, Germany, and UK to accelerate demand for isohexadecane for production of skin care products

  • Emergence of high-end personal care product manufacturers in emerging economies such as Vietnam, Brazil, and Indonesia will create growth opportunities for market players in these countries

Key restrictions:

To acquire in-depth knowledge about isohexadecane Market, ask for the methodology at
https://www.factmr.com/connectus/sample?flag=RM&rep_id=4369

Competitive landscape

According to Fact.MR, the global isohexadecane market is expected to be consolidated by nature. The market is dominated by two global players, Croda International PLC and INEOS Oligomers, which account for nearly 60% of the market share.

The main players operating in the isohexadecane market are targeting strategic collaborations with the personal care and cosmetics giants to increase their revenues. They also invest heavily in product development to launch improved products and expand their customer base.

For example, SEPPIC manufactures and distributes specialty ingredients such as isohexadecane for the personal care and cosmetics industry. The company manufactured Montanov 82, a low viscosity product, launched as an “Afterparty” makeup remover.

Major players in the Isohexadecane market include:

More valuable information on the isohexadecane market

Fact.MR provides an unbiased analysis of the Isohexadecane market, presenting historical demand data (2014-2018) and forecast statistics for the period 2019-2029. The study reveals compelling information about the global isohexadecane market with detailed segmentation on the basis of:

End use:

Regions:

  • North America

  • Latin America

  • Europe

  • East Asia

  • South Asia & Oceania

  • AEM

Key Questions Answered in the Isohexadecane Market Report

  • The report provides an overview of the Isohexadecane market demand outlook for 2019-2029.

  • The market study also highlights the expected sales growth for the Isohexadecane market between 2019 and 2029.

  • The Isohexadecane market research identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluating the current market size and forecast and technological advancement within industry.

  • Analysis of isohexadecane market share of key companies in the sector and coverage of strategies such as mergers and acquisitions, joint ventures, collaborations or partnerships, etc.

Explore Fact.MR’s coverage in chemicals and materials –

Ethylhexane Diol Market StudyDuring the projected period, the production of chemicals is expected to have a medium impact on the ethylhexane diol market. Hair care products and cleansers frequently contain ethylhexane diol. The growing demand for hair care products is boosting the production and increasing the demand for ethylhexane diol, which is used to make hair toners and solutions. Due to the heavy use of cosmetics and repellants in these economies, the leading company in the ethylhexane diol market is focusing on growing economies such as China and India.

Emollient Esters Market ForecastIn the coming years, the discovery of new products, increased investment in research and development of green emollients, and strong demand for liquid emollient esters are expected to fuel the expansion of the market. Emollient esters are widely used in cosmetics and other personal care products. Due to their skin smoothing and antioxidant properties, caprylic / capric triglycerides are expected to gain popularity. New research opportunities in green emollients have arisen as the demand for natural skin care products increases.

Cosmetic Chemicals Market Analysis The global cosmetics industry is gaining ground and growing at a rapid pace in many places. From the introduction of organic beauty products to the integration of smart technologies throughout the supply chain, the cosmetics industry has seen a number of significant advancements. Consumers are also more likely to spend more on cosmetics and personal care when their disposable income increases. The demand for cosmetic chemicals is expected to increase in the future as the popularity of cosmetic products increases.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Covering a wide spectrum – from Automotive and Industry 4.0, to chemicals and materials, to technology and even the most specialized categories. 80% of Fortune 1000s trust us to make critical decisions.

MarketNgage is powered by Fact.MR – our unified intelligence engine, a revolutionary market research subscription platform with flexible pricing to meet your needs.

You can access all of our chemicals and materials research reports by signing up for MarketNgage’s Market Research Subscription with FREE credits. MarketNgage is powered by Fact.MR – A fully integrated search solution for seamless one-stop access The broadest coverage in emerging markets, emerging products and disruptive technologies.

Contact:

Mahendra Singh
United States Sales Office
11140 Rockville Pike
Office 400
Rockville, Maryland 20852
United States
Phone. : +1 (628) 251-1583
E: [email protected]

Cision

Cision

View original content: https://www.prnewswire.com/news-releases/color-cosmetics-and-skin-care-products-to-account-for-66-of-isohexadecane-sales-301439181.html

SOURCE Fact.MR

Share.

About Author

Comments are closed.