Market Overview:
The global PPG-3 myristyl ether market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for natural ingredients in personal care products and the growing awareness about the benefits of using these ingredients. In terms of type, the plant extracts segment is expected to lead the global PPG-3 myristyl ether market during the forecast period, followed by synthetic segments. The skin care application segment is expected to lead the global PPG-3 myristyl ether market during 2018–2030, followed by hair care application segment.
Product Definition:
PPG-3 myristyl ether is an emulsifier used in cosmetics, personal care products, and other household items. It helps to stabilize emulsions and keep them from separating. PPG-3 myristyl ether is also a surfactant, meaning it helps to reduce the surface tension of liquids, making them more spreadable. This can be important in cosmetics because it can help products penetrate the skin more easily.
Plant Extracts:
Plant extracts are the concentrated essence of plants. They can be extracted from raw materials such as fruits, vegetables, leaves, bark and roots using organic solvents or water. The most commonly used plant extract is tea tree oil which is a strong antiseptic and disinfectant with antibacterial properties. Other common plant extracts include rosemary oil (for memory enhancement), peppermint (for digestive problems) and lavender (for sleep).
Synthetic:
Synthetic is a man-made material, which is produced in laboratories. It has the same chemical properties as natural materials such as rubber, but it can be used for producing high performance products with better mechanical and physical characteristics. Synthetic materials are replacing many natural resources that are extracted from crude oil and plants.
Application Insights:
The global market is segmented by application into skin care, hair care and hygiene products. Skin care was the largest application segment in 2017 and is expected to maintain its lead over the forecast period. The rising demand for moisturizers, sunscreens, anti-aging creams and other cosmetics products with PPG-3 myristyl ether as a key ingredient is projected to drive growth over the coming years.
Hygiene products are anticipated to witness significant growth during the forecast period owing to increasing awareness about personal hygiene among consumers across various regions of the world. Increasing disposable income coupled with changing lifestyle has created favorable conditions for product manufacturers in terms of consumer needs and demand patterns across different regions globally. This trend will benefit industry expansion over next few years especially in developing countries such as China India etc where manufacturing activities have taken place due to cheap labor costs which eventually benefits PPG-3 myristyl ether market growth worldwide (Ref: Product Page).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of more than 30%. The region is expected to witness significant growth over the forecast period owing to rising product demand from various end-use industries, such as personal care, pharmaceuticals, nutraceuticals, and cosmetics. Increasing disposable income levels coupled with growing consumer awareness regarding appearance and grooming are also likely to drive product demand in this region.
The increasing number of manufacturing facilities by global players along with favorable government regulations is projected to boost myristyl ether production capacity over the coming years. China emerged as a major producer owing to low labor cost coupled with easy access to raw materials in most parts of country. In addition, high population density supported by rapid urbanization has resulted in increased per capita consumption across this nation which further drives industry growth.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, personal care products, and pharmaceuticals.
- Rising awareness about the benefits of PPG-3 Myristyl Ether among consumers.
- Growing investment by leading players in research and development to develop new applications for PPG-3 Myristyl Ether.
- Expansion of distribution channels by key players to increase their reach across regions.
Scope Of The Report
Report Attributes
Report Details
Report Title
PPG-3 Myristyl Ether Market Research Report
By Type
Plant Extracts, Synthetic
By Application
Skin Care, Hair Care
By Companies
Evonik, Croda, Lonza, Evonik
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global PPG-3 Myristyl Ether Market Report Segments:
The global PPG-3 Myristyl Ether market is segmented on the basis of:
Types
Plant Extracts, Synthetic
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, Hair Care
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:
- Evonik
- Croda
- Lonza
- Evonik
Highlights of The PPG-3 Myristyl Ether 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:
- Plant Extracts
- Synthetic
- By Application:
- Skin Care
- Hair Care
- 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 PPG-3 Myristyl Ether 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?
PPG-3 myristyl ether is a synthetic oil that is used as a surfactant in personal care products. It helps to reduce the appearance of skin dryness and provides a smooth, soft feel.
Some of the major companies in the ppg-3 myristyl ether market are Evonik, Croda, Lonza, Evonik.
The ppg-3 myristyl ether 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 PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Market Size & Forecast, 2018-2028 4.5.1 PPG-3 Myristyl Ether Market Size and Y-o-Y Growth 4.5.2 PPG-3 Myristyl Ether Market Absolute $ Opportunity
Chapter 5 Global PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Market Size Forecast by Type
5.2.1 Plant Extracts
5.2.2 Synthetic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Market Size Forecast by Applications
6.2.1 Skin Care
6.2.2 Hair Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Analysis and Forecast
9.1 Introduction
9.2 North America PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Market Size Forecast by Type
9.6.1 Plant Extracts
9.6.2 Synthetic
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 PPG-3 Myristyl Ether Market Size Forecast by Applications
9.10.1 Skin Care
9.10.2 Hair Care
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 PPG-3 Myristyl Ether Analysis and Forecast
10.1 Introduction
10.2 Europe PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Market Size Forecast by Type
10.6.1 Plant Extracts
10.6.2 Synthetic
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 PPG-3 Myristyl Ether Market Size Forecast by Applications
10.10.1 Skin Care
10.10.2 Hair Care
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 PPG-3 Myristyl Ether Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Market Size Forecast by Type
11.6.1 Plant Extracts
11.6.2 Synthetic
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 PPG-3 Myristyl Ether Market Size Forecast by Applications
11.10.1 Skin Care
11.10.2 Hair Care
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 PPG-3 Myristyl Ether Analysis and Forecast
12.1 Introduction
12.2 Latin America PPG-3 Myristyl Ether 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 PPG-3 Myristyl Ether Market Size Forecast by Type
12.6.1 Plant Extracts
12.6.2 Synthetic
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 PPG-3 Myristyl Ether Market Size Forecast by Applications
12.10.1 Skin Care
12.10.2 Hair Care
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) PPG-3 Myristyl Ether Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PPG-3 Myristyl Ether 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) PPG-3 Myristyl Ether Market Size Forecast by Type
13.6.1 Plant Extracts
13.6.2 Synthetic
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) PPG-3 Myristyl Ether Market Size Forecast by Applications
13.10.1 Skin Care
13.10.2 Hair Care
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 PPG-3 Myristyl Ether Market: Competitive Dashboard
14.2 Global PPG-3 Myristyl Ether Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 Croda
14.3.3 Lonza
14.3.4 Evonik