Market Overview:
The global lanoceric acid market is expected to grow at a CAGR of 5.5% from 2018 to 2030. Lanoceric acid is used in cosmetics and other applications. The North America region is expected to dominate the global lanoceric acid market during the forecast period, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Lanoceric acid is a long chain fatty acid that is found in animal fats and oils. It is used as a lubricant, surfactant, and emulsifier. Lanoceric acid is also used in the manufacture of soaps, detergents, and other personal care products.
＜130 mg KOH/g:
The 130 mg KOH/g is the concentration of potassium hydroxide used for neutralization of acid formed when lanolin is treated with sulfuric acid. It has been found that Lanoceric Acid (LA) can be synthesized from olefin and LA via step-growth polymerization. The major raw materials used in the preparation of LA include ethylene, propylene, and butadiene which are derived from crude oil or petrochemicals.
130-155 mg KOH/g:
130-155 mg KOH/g is the average molecular weight of lanoic acid. It’s a fatty acid found in many Lanolin (wool wax) based products such as wool grease, hair conditioners, cosmetics and skincare products. The higher the molecular weight, the more likely it is to be found in animal fats rather than vegetable oils.
Lanoceric Acid has been used for centuries in traditional medicines across Europe.
Application Insights:
The cosmetics segment accounted for the largest revenue share of over 40% in 2017. The product is used as an emollient, moisturizer and skin conditioner. It is also employed as a preservative in various cosmetic formulations including creams, lotions and bath oils. In addition to being a rich source of fatty acids, lanosterol also possesses anti-aging properties which make it suitable for use in cosmetics products aimed at improving the look of aging skin.
In terms of revenue, the other applications include detergents and laundry soaps along with deodorants and body sprays among others such as paints and coatings or adhesives from industrial end-use industries such as construction or automotive manufacturing where it finds utility primarily as an additive to improve performance characteristics such as tensile strength or adhesive force between materials that are coming into contact with each other (i.e., interlayer).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization, increasing population along with rising living standards in emerging economies including China and India. In addition, growing consumer awareness regarding the benefits of cosmetics products is anticipated to drive demand for lanoceric acid over the forecast period.
Europe accounted for approximately 25% of global consumption volume in 2017 on account of high demand from personal care sector mainly driven by rising geriatric population coupled with increasing spending on anti-aging creams & lotions in Germany, France, Italy and U.K., among other countries.
Growth Factors:
- Increasing demand for Lanoceric Acid in various end-use industries such as cosmetics, pharmaceuticals, and food additives is expected to drive the market growth.
- Growing awareness about the benefits of Lanoceric Acid is projected to fuel its demand in the near future.
- Rising R&D investments for developing new applications of Lanoceric Acid is likely to create new opportunities for market growth over the forecast period.
- Increasing use of Lanoceric Acid as a functional ingredient in various products is anticipated to propel its demand in the global market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lanoceric Acid Market Research Report
By Type
＜130 mg KOH/g, 130-155 mg KOH/g
By Application
Cosmetics, Other
By Companies
Zhejiang Garden Biochemical, Rowi Biotechnology, Suzhou Xinyi Bio Technology, Taizhou Hisound Pharmaceutical, Heyang Suntech Bioengineering
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Lanoceric Acid Market Report Segments:
The global Lanoceric Acid market is segmented on the basis of:
Types
＜130 mg KOH/g, 130-155 mg KOH/g
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
Cosmetics, Other
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:
- Zhejiang Garden Biochemical
- Rowi Biotechnology
- Suzhou Xinyi Bio Technology
- Taizhou Hisound Pharmaceutical
- Heyang Suntech Bioengineering
Highlights of The Lanoceric Acid 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:
- ＜130 mg KOH/g
- 130-155 mg KOH/g
- By Application:
- Cosmetics
- Other
- 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 Lanoceric Acid 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Lanoceric acid is a fatty acid that is found in plant oils and animal fats. It has a characteristic odor and taste, which makes it useful for detecting spoilage in food. Lanoceric acid can also be used as an antioxidant or preservative.
Some of the major companies in the lanoceric acid market are Zhejiang Garden Biochemical, Rowi Biotechnology, Suzhou Xinyi Bio Technology, Taizhou Hisound Pharmaceutical, Heyang Suntech Bioengineering.
The lanoceric acid 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 Lanoceric Acid 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 Lanoceric Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lanoceric Acid 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 Lanoceric Acid 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 Lanoceric Acid Market Size & Forecast, 2020-2028
4.5.1 Lanoceric Acid Market Size and Y-o-Y Growth
4.5.2 Lanoceric Acid Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 ＜130 mg KOH/g
5.2.2 130-155 mg KOH/g
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Cosmetics
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lanoceric Acid 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 Lanoceric Acid 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 ＜130 mg KOH/g
9.6.2 130-155 mg KOH/g
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 Market Size Forecast by Applications
9.10.1 Cosmetics
9.10.2 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 ＜130 mg KOH/g
10.6.2 130-155 mg KOH/g
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 Market Size Forecast by Applications
10.10.1 Cosmetics
10.10.2 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 ＜130 mg KOH/g
11.6.2 130-155 mg KOH/g
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 Market Size Forecast by Applications
11.10.1 Cosmetics
11.10.2 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 ＜130 mg KOH/g
12.6.2 130-155 mg KOH/g
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 Market Size Forecast by Applications
12.10.1 Cosmetics
12.10.2 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 ＜130 mg KOH/g
13.6.2 130-155 mg KOH/g
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) Market Size Forecast by Applications
13.10.1 Cosmetics
13.10.2 Other
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 Lanoceric Acid Market: Competitive Dashboard
14.2 Global Lanoceric Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhejiang Garden Biochemical
14.3.2 Rowi Biotechnology
14.3.3 Suzhou Xinyi Bio Technology
14.3.4 Taizhou Hisound Pharmaceutical
14.3.5 Heyang Suntech Bioengineering
