Market Overview:
The global isocetyl myristate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for skin care and hair care products. In addition, the growing awareness about personal hygiene and grooming among consumers is also contributing to the growth of this market. The global isocetyl myristate market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into 98% purity, 99% purity, and other types. The application segment includes skin care products, hair care products,, and others applications such as industrial use). Geographically speaking,, North America dominates this market followed by Europe., Asia Pacific is projected to grow at a highest CAGR duringthe forecast period owingto rising disposable income levelsand changing lifestyle trends in countries such as Chinaand India.
Product Definition:
Isocetyl myristate is a fatty acid ester that is used as an emollient, surfactant, and lubricant. It is also used as a component of personal care products such as skin creams and lotions.
98% Purity:
98% purity isocetyl myristate is a transparent, odorless liquid. It has the same molecular formula as isopropyl myristate (IPM), but a different structure due to the presence of two carbon chains and one other molecule of oxygen. The product has been used in several personal care products such as cosmetics, toiletries and pharmaceuticals.
99% Purity:
99% purity is a very high concentration of the product and it's used in manufacturing several personal care products such as creams, lotions, shaving gels, hair conditioners and more. 99% purity myristate is also used in pharmaceuticals for treating cold sores on lips and mouth area due to its moisturizing properties.
Application Insights:
The demand for the global isocetyl myristate market has been witnessing a paradigm shift due to changing consumer lifestyle and increasing awareness about personal hygiene. The skin care products segment dominated the overall industry in terms of revenue share in 2017, owing to rising consumer preference for facial creams and lotions that enhance the skin¢â‚¬â„¢s natural ability to retain moisture. Moreover, isocetyl myristate plays an important role as a penetration agent in these products, which enables them to reach every pore of the skin so that maximum benefits can be derived from them.
Hair care products are expected to witness significant growth over the forecast period on account of growing awareness among consumers regarding their hair health and appearance. Increasing use of styling agents such as gel or mousse has been driving product demand worldwide since last few years.
Regional Analysis:
Asia Pacific is expected to be the largest market for isocetyl myristate with a revenue share of over 40% in 2017. The growth can be attributed to increasing demand from countries such as China, India, and Japan. Rising consumer awareness regarding personal grooming coupled with increasing disposable income will drive the regional market further.
North America and Europe are anticipated to witness steady growth owing to stringent regulations by regulatory agencies such as EMEA, FDA etc., which are aimed at ensuring product quality & safety. These agencies have laid down guidelines pertainingto myristic acid based products that serve as substitutes for petroleum-derived products thereby driving product adoption across industries in these regions.
The Middle East & Africa region is projected to register significant gains due its rising petrochemical investments especially in Saudi Arabia.
Growth Factors:
- Increasing demand from personal care and cosmetics industry
- Rising awareness about the benefits of isocetyl myristate among consumers
- Growing use of isocetyl myristate in various applications such as skin care, hair care, and color cosmetics
- Rising popularity of natural ingredients in personal care products
- Technological advancements in the production process of isocetyl myristate
Scope Of The Report
Report Attributes
Report Details
Report Title
Isocetyl Myristate Market Research Report
By Type
98% Purity, 99% Purity, Other
By Application
Skin Care Products, Hair Care Products, Others
By Companies
Blue Sun International, Nikkol, Kokyu Alcohol Kogyo, Alzo International, Blue Sun International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Isocetyl Myristate Market Report Segments:
The global Isocetyl Myristate market is segmented on the basis of:
Types
98% Purity, 99% Purity, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Skin Care Products, Hair Care Products, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Blue Sun International
- Nikkol
- Kokyu Alcohol Kogyo
- Alzo International
- Blue Sun International
Highlights of The Isocetyl Myristate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 98% Purity
- 99% Purity
- Other
- By Application:
- Skin Care Products
- Hair Care Products
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Isocetyl Myristate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Isocetyl myristate is a fatty acid ester found in many cosmetic products. It is used as a thickening agent and emollient.
Some of the major players in the isocetyl myristate market are Blue Sun International, Nikkol, Kokyu Alcohol Kogyo, Alzo International, Blue Sun International.
The isocetyl myristate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Isocetyl Myristate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Isocetyl Myristate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Isocetyl Myristate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Isocetyl Myristate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Isocetyl Myristate Market Size & Forecast, 2018-2028
4.5.1 Isocetyl Myristate Market Size and Y-o-Y Growth
4.5.2 Isocetyl Myristate Market Absolute $ Opportunity
Chapter 5 Global Isocetyl Myristate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Isocetyl Myristate Market Size Forecast by Type
5.2.1 98% Purity
5.2.2 99% Purity
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Isocetyl Myristate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Isocetyl Myristate Market Size Forecast by Applications
6.2.1 Skin Care Products
6.2.2 Hair Care Products
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Isocetyl Myristate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Isocetyl Myristate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Isocetyl Myristate Analysis and Forecast
9.1 Introduction
9.2 North America Isocetyl Myristate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Isocetyl Myristate Market Size Forecast by Type
9.6.1 98% Purity
9.6.2 99% Purity
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Isocetyl Myristate Market Size Forecast by Applications
9.10.1 Skin Care Products
9.10.2 Hair Care Products
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Isocetyl Myristate Analysis and Forecast
10.1 Introduction
10.2 Europe Isocetyl Myristate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Isocetyl Myristate Market Size Forecast by Type
10.6.1 98% Purity
10.6.2 99% Purity
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Isocetyl Myristate Market Size Forecast by Applications
10.10.1 Skin Care Products
10.10.2 Hair Care Products
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Isocetyl Myristate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Isocetyl Myristate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Isocetyl Myristate Market Size Forecast by Type
11.6.1 98% Purity
11.6.2 99% Purity
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Isocetyl Myristate Market Size Forecast by Applications
11.10.1 Skin Care Products
11.10.2 Hair Care Products
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Isocetyl Myristate Analysis and Forecast
12.1 Introduction
12.2 Latin America Isocetyl Myristate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Isocetyl Myristate Market Size Forecast by Type
12.6.1 98% Purity
12.6.2 99% Purity
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Isocetyl Myristate Market Size Forecast by Applications
12.10.1 Skin Care Products
12.10.2 Hair Care Products
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Isocetyl Myristate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Isocetyl Myristate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Isocetyl Myristate Market Size Forecast by Type
13.6.1 98% Purity
13.6.2 99% Purity
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Isocetyl Myristate Market Size Forecast by Applications
13.10.1 Skin Care Products
13.10.2 Hair Care Products
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Isocetyl Myristate Market: Competitive Dashboard
14.2 Global Isocetyl Myristate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Blue Sun International
14.3.2 Nikkol
14.3.3 Kokyu Alcohol Kogyo
14.3.4 Alzo International
14.3.5 Blue Sun International
