May 23, 2018   SOURCE: BusinessWire

Global Isostearic Acid Market (2018-2022) to Grow at a CAGR of 7.8%, Driven by the Increased Demand for Bio-Lubricants - ResearchAndMarkets.com

The "Global Isostearic Acid Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global isostearic acid market is forecast to grow at a CAGR of 7.8% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend affecting this market is the increased consumption of cosmetics and daily-use products. Isostearic acid is mainly used in products that are used for daily purpose such as lipsticks, eye makeup, foundations, shaving creams. In addition, isostearic acid is used to manufacture bike tires. A small portion of isostearic acid is used in the texture and smell of crayons that are used for coloring.

According to the report, one driver influencing this market is the increased demand for bio-lubricants. Bio-based lubricants have emerged as an alternative to petroleum-based lubricants. Bio-based lubricants are produced from renewable feedstocks, such as plant-based oil and sugar. They are produced through fermentation, ultrafiltration, and crystallization techniques.

Further, the report states that one challenge affecting this market is the threat of substitutes. Isostearic acid can be replaced with compounds such as lauric acid, myristic acid, palmitic acid, stearic acid, oleic acid, behenic acid, and coconut fatty acid. These alternatives are most cost-effective when compared to isostearic acid, therefore, they are preferred for manufacturing different products.

Key Vendors

  • Croda International
  • Jarchem Industries
  • Kraton Corporation
  • Nissan Chemical Industries
  • Oleon

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/drqjdh/global_isostearic?w=4