The report "Isobutyl Stearate Market by Application (Metalworking, Personal Care, Industrial), and Region (Asia-Pacific, Europe, North America, Latin America, Middle East & Africa) - Global Forecast to 2026", The global isobutyl stearate market is projected to reach USD 182.3 Million by 2026, at a CAGR of 4.8% from 2016 to 2026.

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Isobutyl Stearate (IBS) is an ester which is primarily used in metalworking, personal care, and other industrial activities. It is also used to improve the lubricity of different metals such as, copper, steel, and aluminum. The major companies operating in the global isobutyl stearate market are, Emery Oleochemicals (Malaysia), Oleon NV (Belgium), Faci S.p.A. (Italy), A&A Fratelli Parodi Spa (Italy), Industrial Química Lasem, SA (Spain), Hangzhou DayangChem Co.,Limited (China), and Mosselman S.a. (Belgium).

Emery Oleochemicals (Malaysia), is the one of the major producers of isobutyl stearate. This company is a leading supplier of isobutyl stearate esters, used in metalworking, personal care, and other industrial activities. The company is actively focusing on strategic developments. For instance, in 2016, the company has announced the launch of dicarboxylic acid corrosion inhibitors under the brand EMEROX 1199. The company in 2015, in order to expand its capacity in bio-lubricants, completed a new project by establishing its Technical Development Centre at Cincinnati. The company has recently (in 2016) received the Certified Biobased Product Label from the United States Department of Agriculture (USDA) to increase its product portfolio with six products under the EMEROX range of renewable-based polyols.

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Oleon NV (Belgium) is a major player in the European region. The company has a broad product portfolio of isobutyl stearate esters which are used in metalworking, personal care, and other industrial applications. The isobutyl stearate esters produced by Oleon NV, are used as lubricity improvers for steel, copper, and aluminium rolling, and are also used for cutting, grinding, and drilling operations. The company is focusing on the development of the applications of isobutyl stearate. For instance, in 2016, Oleon NV launched a new brand JOLEE, under its health and beauty segment. In 2014, the company, with its partner United Plantations Bhd, commenced a new food emulsifier factory in Malaysia. This is operative under a 50:50 joint venture, UniOleon Sdn Bhd. The factory will produce food oleo-derivative products and is expected to strengthen the company’s presence in the bakery and confectionery industry.

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