Market Overview:
The Global PEG-60 Hydrogenated Castor Oil Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cosmetic and skin care products, rising awareness about the benefits of PEG-60 hydrogenated castor oil, and growing economies in regions such as Asia Pacific and Latin America. However, factors such as stringent regulatory norms and high cost of production may restrain the market growth. Based on type, the global PEG-60 hydrogenated castor oil market is segmented into liquid and semi-solid segments. The liquid segment is expected to account for a larger share of the global market due to its easy availability and low cost compared with semi-solid segment. Based on application, the global PEG-60 hydrogenated castor oil market is divided into cosmetic products, skin care products, hair care products, oral hygiene products (toothpaste), baby wipes & diapers wipes), other applications (including industrial applications). Among these applications segments, cosmetic & skin care product segments are anticipated witness highest CAGR over 2018–2030 owing growing inclination towards natural ingredients based cosmetics across globe .Geographically ,the global Peg 60 Hydrogenated Castor Oil Market has been segregated into five key regions namely North America , Latin America Europe Asia Pacific Middle East Africa .
Product Definition:
PEG-60 Hydrogenated Castor Oil is a type of castor oil that has been modified to include a PEG (polyethylene glycol) molecule. This modification makes the oil more water soluble, which can make it easier to dissolve and use in formulations. PEG-60 Hydrogenated Castor Oil is often used as an emulsifier or thickener in cosmetics and skincare products.
Liquid:
Liquid is a transparent, odorless and tasteless form of oil. It is insoluble in water and has a viscosity similar to that of honey. Liquid oil can be used as an alternative to gels for various applications such as cosmetics, pharmaceuticals, food & beverages and personal care products.
Growing demand for liquid oils in the personal care industry owing to its non-sticky nature will drive market growth over the forecast period.
Semi-Solid:
Semi-solid is a product formed by the partial solidification of liquid oil. It is also known as Second Solid Form or Slurry. Semi-solid forms are used in various applications such as lubricants, personal care products, cosmetics and food additives among others.
Application Insights:
The other application segment includes food and dairy, personal care and cosmetics products. The demand for the product in this segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to its properties such as emollient nature, which helps in imparting smooth texture on the skin. It is used as an ingredient in several skincare formulations including creams, lotions and ointments due to its antioxidant properties that help prevent aging effects of UV rays on the skin.
It also helps reduce hyperpigmentation caused by exposure to UVC rays through photoprotection mechanism.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The presence of a large number of manufacturers in China, India, South Korea and Taiwan has resulted in high product penetration across this region. Growing demand for personal care products along with increasing investments by major players to develop innovative products is also likely to drive regional growth over the next eight years.
The European market was valued at USD X billion in 2017 owing to growing demand from various end-use industries including cosmetics, food & beverage and pharmaceuticals coupled with stringent regulations on environment protectionism There are about 464 PEG-60 Hydrogenated Castor Oil producers based mainly in Europe (Germany accounted for approximately 34% of total), which indicates that there is significant competition among companies operating within this industry space resulting into lower prices paid by consumers compared to other regions globally.
Growth Factors:
- Increasing demand for natural and organic personal care products
- Rising awareness about the benefits of PEG-60 Hydrogenated Castor Oil
- Growing popularity of hydroquinone-free skin lightening products
- Proliferation of online retail channels
- Rising number of product launches
Scope Of The Report
Report Attributes
Report Details
Report Title
PEG-60 Hydrogenated Castor Oil Market Research Report
By Type
Liquid, Semi-Solid
By Application
Cosmetic, Skin Care Products, Other
By Companies
BASF, Croda, Solvay, Clariant, Hallstar, SABO, ErcaWilmar, Nikkol, Lakeland Chemicals, Hannong Chemicals, Vantage Specialty Ingredients
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global PEG-60 Hydrogenated Castor Oil Market Report Segments:
The global PEG-60 Hydrogenated Castor Oil market is segmented on the basis of:
Types
Liquid, Semi-Solid
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
Cosmetic, Skin Care Products, 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:
- BASF
- Croda
- Solvay
- Clariant
- Hallstar
- SABO
- ErcaWilmar
- Nikkol
- Lakeland Chemicals
- Hannong Chemicals
- Vantage Specialty Ingredients
Highlights of The PEG-60 Hydrogenated Castor Oil 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:
- Liquid
- Semi-Solid
- By Application:
- Cosmetic
- Skin Care Products
- 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 PEG-60 Hydrogenated Castor Oil 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?
PEG-60 Hydrogenated Castor Oil is a type of vegetable oil that has been hydrogenated to make it more stable and less likely to go rancid.
Some of the key players operating in the peg-60 hydrogenated castor oil market are BASF, Croda, Solvay, Clariant, Hallstar, SABO, ErcaWilmar, Nikkol, Lakeland Chemicals, Hannong Chemicals, Vantage Specialty Ingredients.
The peg-60 hydrogenated castor oil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Market Size & Forecast, 2018-2028
4.5.1 PEG-60 Hydrogenated Castor Oil Market Size and Y-o-Y Growth
4.5.2 PEG-60 Hydrogenated Castor Oil Market Absolute $ Opportunity
Chapter 5 Global PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Semi-Solid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Applications
6.2.1 Cosmetic
6.2.2 Skin Care Products
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Analysis and Forecast
9.1 Introduction
9.2 North America PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Semi-Solid
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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Applications
9.10.1 Cosmetic
9.10.2 Skin Care Products
9.10.3 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 PEG-60 Hydrogenated Castor Oil Analysis and Forecast
10.1 Introduction
10.2 Europe PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Semi-Solid
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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Applications
10.10.1 Cosmetic
10.10.2 Skin Care Products
10.10.3 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 PEG-60 Hydrogenated Castor Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Semi-Solid
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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Applications
11.10.1 Cosmetic
11.10.2 Skin Care Products
11.10.3 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 PEG-60 Hydrogenated Castor Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America PEG-60 Hydrogenated Castor Oil 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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Semi-Solid
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 PEG-60 Hydrogenated Castor Oil Market Size Forecast by Applications
12.10.1 Cosmetic
12.10.2 Skin Care Products
12.10.3 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) PEG-60 Hydrogenated Castor Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PEG-60 Hydrogenated Castor Oil 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) PEG-60 Hydrogenated Castor Oil Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Semi-Solid
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) PEG-60 Hydrogenated Castor Oil Market Size Forecast by Applications
13.10.1 Cosmetic
13.10.2 Skin Care Products
13.10.3 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 PEG-60 Hydrogenated Castor Oil Market: Competitive Dashboard
14.2 Global PEG-60 Hydrogenated Castor Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Croda
14.3.3 Solvay
14.3.4 Clariant
14.3.5 Hallstar
14.3.6 SABO
14.3.7 ErcaWilmar
14.3.8 Nikkol
14.3.9 Lakeland Chemicals
14.3.10 Hannong Chemicals
14.3.11 Vantage Specialty Ingredients
