Global Isopropyl Palmitate (IPP) Market to reach USD XXX billion by 2025.
Global Isopropyl Palmitate (IPP) Market valued approximately USD XXX billion in 2017 is anticipated to grow with a healthy growth rate of more than XXX % over the forecast period 2018-2025. The market growth is primarily driven by growing demand from the cosmetic industry. Isopropyl palmitate is a palm oil-based emollient, derived from coconut oil. It is primarily used as a thickening agent in skincare products like moisturizers, sunscreens, and conditioners. It also acts as a lubricant on the skin’s surface, giving it a smoother appearance and transforming the texture into one that is ultra-soft. The isopropyl palmitate has various cosmetics applications which include antistatic agents, binding agents, emollients, perfuming agents and skin conditioning
The regional analysis of Global Isopropyl Palmitate (IPP) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Pharmaceutical Grade IPP
- Cosmetic Grade IPP
- Cosmetics & Person Care
- North America
- Asia Pacific
- Latin America
- Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Kao Corporation, BASF, Lubrizol, Oleon Corporate, Croda International., Inolex, KLK OLEO, Kunshan Huaxin Daily Chemicals, Zhejiang Wumart Biological Technology and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Isopropyl Palmitate (IPP) Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers