The Isobutyl Stearate market is projected to reach USD 182.3 million by 2026, at a CAGR of 4.8% from 2016 to 2026. Isobutyl stearate (IBS) is an ester which is primarily used in metalworking, personal care and other industrial activities. It is a stearate ester which is available in both liquid and solid forms. Isobutyl stearate due to its less toxicity is widely preferred as an ingredient in personal care products. Similarly, the use of esters in metal lubricating application has increased over the years due to its excellent lubricating properties.

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Market Dynamics
Drivers

Strong demand for bio-lubricants
Market price and technology costs driven by few giant players in market
Barriers

Slow growth of metalworking fluid market which is one of the key applications of IBS
Production of IBS confined to limited countries in Europe
The increasing consumption in metalworking fluids and personal care industry drives the global Isobutyl stearate market
Isobutyl stearate (IBS) is an ester which is primarily used in metalworking, personal care and other industrial activities. It is a stearate ester which is available in both oily liquid and waxy solid forms. Isobutyl stearate due to its less toxicity is widely preferred as an ingredient in personal care products. Similarly, the use of esters in metal lubricating application has increased over the years due to its excellent lubricating properties. It improves the lubricity of different metals like copper, steel and aluminum. The demand for isobutyl stearate is expected to grow in the coming years, due to its increasing consumption in metalworking fluids and personal care industry. Stearate esters have excellent lubricating properties and therefore preferred as metalworking lubricants. These esters have a low viscosity and are also used in personal care products.

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Metalworking application is expected to lead the isobutyl stearate market by 2026

The metalworking application segment is estimated to account for a major share of the global isobutyl stearate market in 2016, followed by the personal care and industrial applications. The growing usage of bio-lubricants especially in metalworking fluid, is driving the global isobutyl stearate market. Isobutyl stearate is a stearate ester which is available in both, oily liquid and waxy solid forms. Isobutyl stearate due to its lower toxicity, is widely preferred as an ingredient in personal care products. Also, it enhances the lubricity of different metals such as, copper, steel, and aluminum. These product attributes make it a preferred stearate ester in the metalworking industry.