Isopropyl Esters Market 2018 Opportunity, Growth Analysis Forecast 2023

27/ago/2018 08:29:09 Market Research Future Contatta l'autore

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Isopropyl Esters are manufactured by the reaction of methyl ester with isopropyl alcohol. Isopropyl Esters such as isopropyl myristate, isopropyl laurate, isopropyl palmitate, and isopropyl oleate are good skin penetrating agents, and are widely used as an emollient, moisturizer, and thickening agent in cosmetics & personal care industry. Isopropyl Esters are widely used in food and cosmetics, both to non-toxicity and skin-friendly nature. They possess excellent cold flow properties which makes them suitable for usage in biodiesel. Isopropyl Ester is used as a solvent in medicine preparation and is extensively used in the pharmaceutical industry.

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Increasing per capita disposable income with respect to personal grooming and appearance enhancement products is driving Isopropyl Esters Market growth. Increasing usage as a flavoring agent in food industry is anticipated to boost product demand. Rising packaged food consumption two to busy lifestyles and easy availability Expansion of the industrial sector in developing regions with the investment in the mining industry and the construction of the driving industry for Isopropyl Esters. The product is extensively used as an emulsifier in various lubricants.

Globally, skin care products account for over 45% of overall cosmetics & personal care market. The increasing use of Isopropyl Esters in skincare products such as lotions, moisturizers, and skin creams. The growth in consumption of sports and energy drinks and natural juices has propelled the use of Isopropyl Esters into the food processing industry.

Regional Analysis:

On the basis of the Region , the Global Isopropyl Ester Market segment includes its current and demand demand in Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. Asia Pacific is set to witness exponential growth over the forecast period two to increase demand from end-use industries such as lubricants, surfactant & detergent, food, and cosmetics & personal care. Rising per capita disposable income in Southeast Asian countries including Indonesia, Thailand, Malaysia, and Vietnam is anticipated to a positive benefit product demand.

However, strict regulations regarding the quantity of Isopropyl Ester.

Increasing consciousness about health, widening application scope and relatively cheaper cosmetics & beauty care products are major drivers of isopropyl market in the emerging countries of Asia Pacific. Food processing segment is anticipated to become a food processor.

Segmentation:

The Global Isopropyl Ester Market is segmented on the basis of application, the end use industry and region. Based on the application, market is segmented into emollient, flavoring agent, plasticizer, solvent, engine fuel, and others. Based on the end use industry, the market is categorized into lubricant, surfactant & detergent, food, cosmetics & personal care, pharmaceutical and others. Based on region, this market is segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.

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