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Lucintel Forecasts Isobutyl Stearate Market To Grow At A Cagr Of 2%-3% From 2020 To 2025
According to the recent study the isobutyl stearate market is projected to grow at a CAGR of 2%-3% from 2020 to 2025. Growth in this market is primarily driven by growing demand for rising production of personal care products, and increasing consumption of processed and packaged food products.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in isobutyl stearate market by product type (99% of hexanoic acid, and 98% of hexanoic acid), by type (food & beverages, industrial chemicals, personal care, pharmaceuticals, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/isobutyl-stearate-market.aspx
“Powder market is expected to remain the largest segment during the forecast period.”
Based on type, the isobutyl stearate market is segmented into powder, and liquid. Lucintel forecasts that the powder market is expected to remain the largest segment due to increasing demand for the use of esters ...
... in metal lubricating application has increased over the years due to its excellent lubricating properties.
“Within the isobutyl stearate market, the cosmetics segment is expected to remain the largest application.”
Based on application the cosmetics segment is expected to witness the highest growth over the forecast period due to less toxicity is widely preferred as an ingredient in personal care products.
“Asia pacific will dominate the isobutyl stearate market in near future.”
Asia-Pacific is expected to witness the highest growth over the forecast period due to growing usage in metal working fluids, increasing investments in the personal care industry, growing domestic consumption, and industrial applications are expected to drive the demand for isobutyl stearate.
Download Brochure of this report by clicking on https://www.lucintel.com/isobutyl-stearate-market.aspx
Major players of isobutyl stearate market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Emery Oleochemicals, Oleon NV, Faci S.p.A., A&A Fratelli Parodi Spa, Industrial Química Lasem SA, Hangzhou DayangChem Co., Limited, and Mosselman S.a. are among the major isobutyl stearate providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/isobutyl-stearate-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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