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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The major applications of isobutyl stearate are personal care, metalworking, and industrial. The metalworking industry is the largest and the fastest-growing consumer of isobutyl stearate. The growing consumption of isobutyl stearate in copper, steel and aluminium, and the increasing usage of bio-lubricants especially in metalworking fluids are driving the market. Isobutyl stearate is one of the most preferred esters due to its inherent properties. This stearate ester, due to its lower toxicity, is widely preferred as an ingredient in personal care products. Also, due to its excellent lubricating properties, it is widely used in the metal lubricating application.

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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.

The Asia-Pacific region is expected to lead the isobutyl stearate market during the forecast period

The Asia-Pacific region is estimated to account for the largest share of the isobutyl stearate market in 2016, followed by Europe, and North America. China is one of the major consumers of isobutyl stearate in the Asia-Pacific region. The growing usage in metal working fluids, increasing investments in the personal care industry, growing domestic consumption, and industrial applications are expected to drive the demand for isobutyl stearate.

The major market players covered in this report 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).

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