Isopropyl Esters Market, Analysis Analysis, Region & Country Revenue Share, & Forecast Till 2030

0
22

Market Overview:

Isopropyl Esters are produced by the reaction of methyl esters with Isopropyl alcohol. Isopropyl Ester based biodiesel has greater efficiency and performance than methyl ester, which makes it more suitable to be used as a biofuel. Consumption of fossil fuel is increasing rapidly whereas reserves of fossil fuel are depleting. This has led to surge in demand for biofuel in emerging countries such as China, India, Brazil, and Russia.

Isopropyl Ester is used in various end use industries such as lubricant, surfactant detergent, food, cosmetics personal care, pharmaceutical and others owing to its non-toxicity, biodegradability, high lubricity, and better cold flow. However, high price of isopropyl ester in comparison with methyl ester may hinder growth market over the forecast period.

Rising disposable income along with increasing consciousness regarding health is driving isopropyl market growth. Increasing usage of isopropyl ester as moisturizer and thickener in the preparation of cream, hair care, and personal care products is expected to drive industry growth.

Market Segmentation:

Isopropyl Ester Market Share is segmented on the basis of application and end use industry. On the basis of application, the market is categorized into emollient, flavoring agent, plasticizer, solvent, engine fuel, and others. On the basis of end use industries, isopropyl ester is segmented into lubricant, surfactant  detergent, food, cosmetics personal care, pharmaceutical and others.

Global cosmetics market registered a significant growth of around 4% in the past 10 years. Growth in demand of skin care products has been observed due to rising share of skin care in cosmetics, therefore, isopropyl ester market is projected to grow at a significant CAGR over the forecast period. Global biodiesel production has increased from 19 billion liters (in 2014) to 23 billion liters (in 2016). The increasing usage of isopropyl ester in the production of biodiesel is anticipated to drive the market growth from 2022 to 2030. Isopropyl ester competitive benchmarking is used as a flavoring agent in food industry.

The demand for innovative confectionery items, especially those that possess unique flavor is one of the major factor driving market growth. Furthermore, changing consumer lifestyles, increasing demand for convenience food and rising consumer requirement for flavored and nutritious beverages are the major drivers for market growth. 

Get Free Sample Report Link Here @

https://www.marketresearchfuture.com/sample_request/4008

Regional Analysis:

Europe is estimated to be the largest regional market for Isopropyl Ester share followed by North America on account of growing food beverage, biodiesel, and personal care segment. Germany is expected to account for the largest share in Europe followed by France, UK, Italy and Spain over the next six years. However, in 2022, North America was the largest pharmaceutical market followed by Europe and Asia Pacific.

In Asia Pacific, specifically countries including China and India is expected to witness a significant growth as regional government has approved proposal for foreign collaboration, industrial license, and 100 percent export oriented units. The online food ordering business in India, China and Japan is witnessing exponential growth and is expected to benefit methyl esters consumption in food processing industry.

Competitive analysis:

The prominent players operating in the Isopropyl Ester Market share include BASF SE (Germany), Procter Gamble (U.S.), Oleon N.V (Belgium), Sigma-Aldrich Co. LLC (U.S.), Hangzhou Dayangchem Co. Limited (China), Alfa Aesar, Thermo Fisher Scientific (U.S), Musim Mas Holdings. (Singapore), Shodhana Laboratories Ltd (India) and others.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members. 

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

 

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

Related Report:

https://www.marketresearchfuture.com/reports/paper-packaging-market-10741

https://www.marketresearchfuture.com/reports/packaging-tape-printing-market-3347

https://www.marketresearchfuture.com/reports/form-fill-seal-machine-market-1197

https://www.marketresearchfuture.com/reports/security-labels-market-1289

Rechercher
Catégories
Lire la suite
Jeux
Learn How to Join Pure win: A Complete Guide
Purewin Bets can be placed on games in a large number of different sports and leagues,...
Par Seo Ideal 2022-11-30 05:46:02 0 40
Health
Pharmaceutical Drug Delivery Market to Witness Massive Growth by 2029
Expanding its database, Exactitude Consultancy Insights has introduced the Pharmaceutical...
Par Snehal Matre 2023-07-18 11:32:29 0 29
Autre
Diesel-Electric Hybrid Mining Drills Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2028
The global Anti-fraud Management System market is quite competitive and comprise various key...
Par Alex Joe 2022-11-02 09:18:32 0 16
Networking
Cloud PBX Market Size, Share, Growth and Forecast to 2030
Overview The global cloud PBX market size is expected to exhibit a strong 21.43% CAGR...
Par Chaitali Deshpande 2023-05-11 06:51:55 0 18
Autre
Cell Culture Protein Surface Coating Market Upcoming Growth, Key Player Analysis and Forecast 2028
According to the current analysis of Reports and Data, the global cell culture protein...
Par Kamal Kulkarni 2023-04-27 07:30:52 0 21