Future Growth Of Isohexadecane Market Explored In Latest Research Report By 2027 | INEOS Group, Croda International Plc.
Isohexadecane is a C16 iso-paraffin chemical that is primarily used in emollients and solvents in a wide range of beauty and personal care products.
SEATTLE, WA, USA, Jan. 18, 2022 /EINPresswire.com/ — An in-depth report on the Global Isohexadecane Market providing comprehensive information on the current market situation and offering robust insights into size, volume and the potential dynamics of the market over the forecast period, 2021-2027. The research study offers a comprehensive analysis of critical aspects of the global Isohexadecane including competition, segmentation, geographical advancement, manufacturing cost analysis, and pricing structure. We have provided CAGR, value, volume, sales, production, revenue, and other estimates for global and regional markets.
Isohexadecane is a C16 iso-paraffin chemical that is primarily used in emollients and solvents in a wide range of beauty and personal care products such as lip care products, skin care, skin care capillaries and deodorants. Moreover, it is also used as a texture activator and cleansing agent in cosmetics.
INEOS Group, Croda International Plc. Vantage Specialty Chemicals, RITA Corporation, The Innovation Company, Presperse Corporation, LANXESS Corporation, Trulux Pty Ltd., Dowpol Chemical International Corp, DeWolf Chemical and SAMKWANG Co. Ltd.
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Rising demand for the compound from the cosmetics and personal care industry is increasing the growth of isohexadecane market. The compound has excellent moisturizing, conditioning and cleansing properties, making it ideal for making a wide range of skin care products. Thus, the growing demand for cosmetics is expected to drive the growth of the market.
The increase in the working female population and the changing lifestyle are again increasing the growth of cosmetic products. Women held 50.04% of U.S. jobs in December 2020, excluding farmhands and the self-employed, according to the Bureau of Labor Statistics. That’s up from 49.7% just a year ago.
Covid-19 impact analysis
The Covid-19 outbreak has had a negative impact on various manufacturing industries across the world. The government has put in place strict regulations such as lockdown to curb the spread of infection, businesses seek to operate remotely. The closures have led to lower demand for certain categories of cosmetics due to self-isolation and limited social distancing policies. Various companies have shut down their manufacturing units, which has had a negative impact on the isohexadecane market.
Key points to remember:
The Isohexadecane market is expected to exhibit a CAGR during the forecast period owing to the high demand for cosmetics and personal care products globally.
Europe is expected to witness significant growth over the forecast period owing to the strong presence of the cosmetics industry in the region. According to the Personal Care Association, the European cosmetics and personal care market is the largest cosmetics market in the world. It was valued at 76.7 billion euros at retail price in 2020,
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On the basis of Application, the global isohexadecane market is segmented into:
Important features under Offer and report highlights:
– Potential and niche segments/regions showing promising growth.
– Detailed market overview
– Changing industry market dynamics
– In-depth market segmentation by type, application, etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the market
– Strategies of key players and product offerings
𝐓𝐡𝐢𝐬’𝐬 𝐬𝐭𝐮𝐝𝐲 𝐨𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞𝐬:
✤ SWOT analysis is used to define, assess and analyze market competition focusing on the major global manufacturers. The market is defined, described and forecast by type, application and region.
✤ Examine the potential and advantages of major global and regional markets, as well as opportunities and challenges, as well as constraints and risks.
✤ Determine whether market growth is driven or hindered by trends and factors.
✤ Stakeholders will be able to assess market potential by identifying high growth categories.
✤ Perform strategic analysis of growth trends and contribution of each sub-market to the market.
✤ Competitive developments in the market include expansions, agreements, new product launches and acquisitions.
✤ Develop a strategic profile of key players and conduct an in-depth analysis of their growth strategies.
✔ In the next seven years, what innovative technology trends should we expect?
✔ Which sub-segment do you think will grow the fastest over the next few years?
✔ By 2028, which region is expected to have the largest market share?
✔ What organic and inorganic strategies are companies using to gain market share?
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