Isobutyl Stearate Market by Application and Region - Global Forecast to 2026


Posted August 7, 2018 by abhijeetw1

The global Isobutyl Stearate (IBS) market is projected to reach USD 182.3 Million by 2026, at a CAGR of 4.8% from 2016 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. In terms of application, metalworking is the largest application segment, while the Asia-Pacific region is the largest market for isobutyl stearate. The demand for isobutyl stearate is expected to grow in the coming years due to its increasing consumption in the metalworking fluids and personal care industries.

The objectives of this study are:

To define, describe, and analyze the global isobutyl stearate market on the basis of application and region
To determine and forecast the global isobutyl stearate market with respect to applications in different regions
To analyze the short-term and long-term impact of the factors that influence the growth of the market
To identify opportunities in the market for isobutyl stearate manufacturers and suppliers
To study the industry supply chain, pricing analysis, and manufacturing cost analysis
To study company profiles, developments, upcoming trends & technologies, growth strategies, and industry activities
To identify current and future trends, drivers and restraints in the global isobutyl stearate market, and end-use applications
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=90237510

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).

https://www.marketsandmarkets.com/Market-Reports/isobutyl-stearate-market-90237510.html

Key Target Audience

Manufacturers of Isobutyl Stearate
Traders, Distributors, and Suppliers of Isobutyl Stearate
End-Use Industries Operating in the Isobutyl Stearate Supply Chain
Government and Consulting Organizations
Cosmetic Regulators and Other Regulatory Institutions
Investment Banks and Private Equity Firms
On the Basis of Applications:

Metalworking
Personal Care
Industrial
On the Basis of Region:

Asia-Pacific
North America
Europe
Middle East & Africa
Latin America
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Issued By marketsandmarkets
Country United States
Categories Architecture
Tags isobutyl stearate , isobutyl stearate market
Last Updated August 7, 2018