Isostearic acid ingredient acts as cleaning agents, emollient or emulsifier depending upon the type of personal care product manufactured. Isostearic acid is also used as feedstock for manufacturing bio-lubricant. High price of Isostearic acid on account of its limited supply is expected to pose a major challenge for market penetration.
Drivers & Restraints
Isostearic acid applications for personal care products include skin care, hair care, liquid soaps, bath & shower products, sun protection creams and lip colour cosmetics. Growing consumer awareness regarding bio-ingredient based products coupled with rising health concern is also expected to augment isostearic acid market over the forecast period. Increasing natural products demand on account of potential harm caused due to use of toxic agents produced by petrochemical products has prompted the use of isostearic acid. This factor is also is expected to drive isostearic acid market.
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Lubricants & Greases
The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Growth of personal care industry particularly in emerging markets of Asia Pacific and Latin America is expected to remain a key driving factor for global isostearic acid market.
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Jarchem Industries, Inc.