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Isoparaffin Market Size, Share Global Analysis Report, 2019–2026
Isoparaffin Market By Type (C10 Isoparaffin, C11 Isoparaffin, C12 Isoparaffin, C13 Isoparaffin and C14 Isoparaffin) and By Application (Cosmetics and Personal Care, Inks, Paints & Coatings, Petroleum, Cleaning and Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2019–2026
Industry Insights
[195+ Pages Report] According to the report published by Facts Factors, the global isoparaffin market size was worth around USD 117.75 million in 2019 and is predicted to grow to around USD 152.81 million by 2026 with a compound annual growth rate (CAGR) of roughly 3.6% between 2020 and 2026. The report analyzes the global isoparaffin market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the isoparaffin market.
This professional and specialized report study examines the technical and business perspective of the Isoparaffin industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Isoparaffin Market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Isoparaffin Market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volumes (Thousand MT) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Isoparaffin Market in our study.
Key Insights from Primary Research
- Our primary respondents believe the market to witness a steady growth of 3.6% over the forecast period on account of rising awareness towards standard cosmetics and skin care products around the globe.
- Some of the CXOs predict the cosmetics and personal care segment to maintain its dominance throughout 2026 due to increase in adoption high end and safe skin care products. Furthermore, the manufacturers operating in this market are partnering with local and domestic players to increase their goodwill in the ever competitive market ecosystem.
- Some of the industry experts interviewed in Asia Pacific revealed that the C10 Isoparaffin is expected to generate considerable revenues for the Isoparaffin industry. The C10 contains hydrocarbons having 10 carbon molecules. It is used as a solvent and viscosity controlling agent in various applications.
- Regionally, North America region is expected to contribute largely to the global Isoparaffin market. Some of the interviewees said that their future plans are to focus majorly innovating in features of Isoparaffin application areas. They manufacturers operating in countries such as the U.S. and Canada are expected to create higher adoption opportunities for Isoparaffin market.
- The information & technology subject matter experts suggest investing in R&D activities to come up with newer, economic and more efficient Isoparaffin. They believe advanced technology in chemicals and cosmetics industry will witness widespread acceptance across the value chain of Isoparaffin market.
Key Recommendations from Analysts
- Our analysts recommend focusing on the North America Isoparaffin market since their calculations revealed that this region turned out to be the top investment pocket across the globe owing to greater opportunities in emerging countries such as the U.S. and Canada.
- The major reason behind the up surge growth and lucrative opportunities underlying in this region is the adoption of Isoparaffin by Highly developed cosmetics and personal care products across various age groups.
- Europe, on the other hand, is expected to foresee a robust growth of around 3.5% per annum. This is majorly attributed to rising chemical and cosmetic manufacturers in countries such as Germany, France, Netherland and others.
- The strategic mergers and acquisitions by key industry players and high demand across end-use industries is anticipated to fuel the market growth
- The executive summary of the report reads the total incremental opportunity underlying in the global Isoparaffin market is nearly USD 152.81 million between 2020 and 2026.
Isoparaffin – Cost Structure
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Isoparaffin Market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Isoparaffin Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Isoparaffin Market.
The research study provides a critical assessment of the Isoparaffin industry by logically segmenting the market on the basis of product type, connectivity, port, distribution channel and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Isoparaffin industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The branched alkanes that act as solvents and skin conditioning agents in preparation of cosmetics are generally termed as Isoparaffin. Isoparaffin are synthesized by mixture of hydrogen as Isoparaffin does not occur naturally. In Addition, Isoparaffin are found in cosmetics and personal care, inks, paints & coating, petroleum, cleaning, and other industries which includes metal working fluid formulations, alkylation processes, extraction processes, as well as polymerization.
There are specific rules and regulations concerning the quality and concentration of Isoparaffin to be used in cosmetics and personal care products. Large scale manufacturers across the globe adhere to these set of regulations to produce Isoparaffin and reach to wide market across the map. This is expected to be one of the primary reasons for the growth of Isoparaffin Market globally. In addition, the Isoparaffin market is expected gain demand with increasing applications of Isoparaffin across various industry verticals.
The Isoparaffin Market is categorized into by type, and by application. The type segment is further divided into C10 Isoparaffin, C11 Isoparaffin, C12 Isoparaffin, C13 Isoparaffin, and C14 Isoparaffin. By Application the market is divided as Cosmetics and Personal Care, Inks, Paints & Coatings, Petroleum, Cleaning, and Other.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 117.75 Million |
Projected Market Size in 2026 |
USD 152.81 Million |
CAGR Growth Rate |
3.6% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
ExxonMobil Chemical, Royal Dutch Shell Chemicals, Idemitsu Kosan Co. Ltd., RB Products, Braskem, Chevron Phillips Chemical Company, Total S.A., Mehta Petro Refineries Limited, Maruzen Petrochemical CO., LTD, and others. |
Key Segment |
By Type, By Application, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the key players operating in the Isoparaffin Market around the globe include
- ExxonMobil Chemical
- Royal Dutch Shell Chemicals
- Idemitsu Kosan Co. Ltd.
- RB Products
- Braskem
- Chevron Phillips Chemical Company
- Total S.A.
- Mehta Petro Refineries Limited
- Maruzen Petrochemical CO. Ltd
The taxonomy of the Isoparaffin industry by its scope and segmentation is as follows:
By Type Segmentation Analysis
- C10 Isoparaffin
- C11 Isoparaffin
- C12 Isoparaffin
- C13 Isoparaffin
- C14 Isoparaffin
By Application Segmentation Analysis
- Cosmetics and Personal Care
- Inks, Paints & Coatings
- Petroleum
- Cleaning
- Others
By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:
- Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
- Direct and Indirect Rationales Impacting the Industry
- In-depth and Micro Analysis of Viable Segments and Sub-segments
- Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
- Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
- Key Buyers and End-Users Analysis
- Value Chain and Manufacturing Cost Structure Analysis wherever relevant
- Key Marketing Strategies as well as Key Sales Channels adopted in the market
- Investment Opportunity Analysis & Patents Analysis wherever feasible
- Technological Road Map & Technical Analysis
- Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)
Table of Content
Industry Major Market Players
- ExxonMobil Chemical
- Royal Dutch Shell Chemicals
- Idemitsu Kosan Co. Ltd.
- RB Products
- Braskem
- Chevron Phillips Chemical Company
- Total S.A.
- Mehta Petro Refineries Limited
- Maruzen Petrochemical CO. Ltd
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