Emollient Esters Market

Emollient Esters Market Outlook (2023-2033)

The global emollient esters market is anticipated to evolve rapidly at a CAGR of 7.2% from 2023 to 2033. The market stands at US$ 310 million in 2023 and is thus expected to reach US$ 620 million by 2033-end.

Emollient esters are generally sold as liquids. A majority of natural emollient esters, including fatty acids, oils, and lipids, are liquids. Additionally, due to their use in liquid personal care formulations such as creams, lotions, moisturizers, and shampoos, among others, synthetic emollient esters are also provided in liquid form.

Chemical components called emollient esters are widely used in cosmetic formulations. Emollients prevent water from evaporating from the epidermis' outer layer by acting as a barrier to the skin's normal moisture loss. The increase in skin smoothness is made possible by this barrier. Carboxylic acids and fatty alcohol interact to form emollient esters.

Esters are chemical molecules that are created when polyols or alcohols react. The main component in emollients is an ester. Esters' hydrolytic stability decreases as their solubility increases. Many esters can degrade over time and are not stable at low or high PH.

Emollient esters are extensively employed in the personal care sector because they enhance the sensory experience when applying cosmetics. They have multiple uses such as the ability to solubilize organic sun filters and the ability to disperse inorganic sun filters. Emollient esters have several advantages, including enhancing skin suppleness, minimizing moisture loss from the skin, giving the skin a lustrous appearance, and nourishing the hair.

Robust expansion of the men’s personal care industry is driving the demand for emollient esters. Other factors propelling the global emollient esters market include the rise of halal beauty products and natural and bio-based personal care products.

The need for multifunctional qualities in personal care formulations is growing, which helps manufacturers of cosmetic products find solutions to difficult issues. The primary factors driving the market are the increasing demand for skin and hair care products across all personal care sector verticals. The need for emollient components for hair, skin, and oral care is rising, and chemical suppliers and manufacturers are keeping up.

The market for emollient esters is projected to expand because of rapid urbanization and rising GDP in both developed and developing countries. Additionally, supportive government activities and legislation regarding the advantages of personal safety when using cosmetic products are anticipated to fuel market expansion.

The need for fatty acids is rising as a result of their distinctive qualities as emollients, such as their ability to hydrate the skin by locking in moisture. Additionally, fatty acid emollients lessen the evaporation of the surrounding air. Glycerides, phospholipids, and sterols are a few of the typical fatty acids utilized as emollients. For a better user experience, numerous cosmetics producers incorporate various kinds of fatty acid emollients into their products.

Report Attributes	Details
Emollient Esters Market Size (2023)	US$ 310 Million
Projected Market Value (2033)	US$ 620 Million
Global Market Growth Rate (2023-2033)	7.2% CAGR
Market Share of Caprylic/Capric Triglyceride	60%
Key Companies Profiled	BASF SE RITA Corporation Ashland Inc. ABITEC Corporation Phoenix Chemical, Inc. Solvay SA Croda International Plc Lipo Chemicals, Inc. PHOENIX CHEMICAL, INC. Vantage Specialty Chemicals Yasho Industries Pvt., Ltd. Lonza Group Ltd. Lubrizol Corporation Innospec Inc. Stepan Company Evonik Industries AG

Why are Sales of Emollient Esters Increasing at a Rapid Pace?

“Growing Consumer inclination towards Personal Hygiene, Grooming, and Care”

The emollient esters market is anticipated to be driven by new product advancements, rising investments in the R&D of green emollients, and strong demand for liquid emollient esters. Green emollients are now the subject of fresh research possibilities due to the rising demand for natural skin care products.

Moreover, rising awareness for personal grooming will significantly contribute to the growth opportunities for plant-based emollient ester manufacturers over the coming years. Increasing use of emollient esters in personal care products and growing sales of powder emollient esters are some of the major factors driving market expansion.

The expanding popularity of the personal care sector, which includes products for hair and skin care that treat conditions such as dandruff, seborrheic dermatitis, acne, and black spot removal, among others. Increasing consumer demand for highly effective anti-inflammation, skin irritants, and acne-removing products is driving market value. Some of the important factors driving the market are rising awareness of the advantages of emollient esters, huge demand for high-end skincare products, and the expanding trend of employing natural components in cosmetics.

Demand for a pharmaceutical grade is expected to increase throughout the forecast period as a result of the recent enormous growth in pharmaceutical and topical drug products. Because skin-moisturizing creams, lotions, and powders are highly popular, particularly in developing countries, the use of moisturizing products is being actively encouraged.

What May Slightly Affect the Demand for Emollient Esters?

“Stringent Labeling Rules for Cosmetic Ingredients and Presence of Substitutes”

The emollient esters market is constrained by stringent laws and compliance across regions and countries since chemical ingredient manufacturers or suppliers must provide exact data and documentation regarding the location of the chemicals' sources. The availability of alternatives and the rising use of strong acids and solvents may hamper market expansion over the forecast period.

How Can Start-ups Gain Profits in This Competitive Space?

“New Entrants Investing Heavily in Collaborations and Development of Emollient Esters”

Aspiring market players are investing heavily in production capacity expansions, acquisitions, collaborations, and the development of emollient esters to leverage the huge potential in the market.

• The German chemical and biotech company BASF signed a collaboration agreement with RiKarbon Inc., a U.S.-based technology start-up to exclusively license and market patented technology from RiKarbon. The patented technology supports the industry's pursuit of cutting-edge sustainable solutions by upcycling bio-waste into bio-based, biodegradable emollients for the worldwide personal care market. This ground-breaking technique creates an emollient that is transparent and odorless and gives personal care formulas exceptional smooth and silky sensory characteristics.

Which Regional Market Generates Huge Emollient Ester Demand?

“Presence of Top Personal Care & Cosmetic Item Producers in Europe”

Europe holds 40% share of the global market owing to the large-scale presence of personal care & cosmetic item producers. In addition, the onset of augmented reality in the advertisement of cosmetic items & skin care products has favorably impacted the expansion of the premium beauty and personal care products industry.

This, in turn, will produce lucrative growth avenues for the market in Europe over the forecast period. Growing beauty consciousness among customers will contribute majorly to regional market growth.

Country-wise Insights

Why are Manufacturers of Emollient Esters Attracted to Germany?

“Rapid Expansion of Personal Care Industry in Germany”

Older consumers are more likely to use anti-aging, sun protection, and anti-wrinkle products, hence the market in Germany is predicted to develop at 4% CAGR over the forecast period. The rapid expansion of the personal care industry and the rising adoption of cosmetic items are boosting market expansion.

Among millennials and young people in the country, the need for personal care goods is rapidly rising. Many businesses are releasing personal care products that are aimed at millennials and young people.

Why is Japan Emerging as a Lucrative Market for Emollient Ester Manufacturers?

“Rising Use of Oil-based Emollients as Skin Emollients & Conditioning Agents”

Rapid growth in the population and urbanization along with an increase in disposable income are factors that are positively influencing market revenue in Japan. Growing preference of consumers toward sun protection creams, anti-wrinkle lotions, and anti-aging creams, and major R&D investments are driving market growth in Japan. The rising use of oil-based emollients as skin emollients and conditioning agents and the expansion of production facilities in the country have further boosted sales of emollient esters.

What are the Growth Opportunities for Emollient Esters in the U.S.?

“Rising Investments in Emollient Ester-based Lotion & Cream Manufacturing”

Emollient esters are projected to be in high demand due to factors such as changing lifestyles, a rise in personal hygiene awareness, and rising consumer spending power in the United States. The presence of multinational companies and the increasing amount that is spent on natural emollient esters and bio-based emollient esters for personal care products in the U.S. are factors that are fueling market growth.

Rising investments in emollient ester-based lotion and cream manufacturing companies are expected to positively impact the U.S. emollient esters market over the forecast period.

Category-wise Insights

Why is the Popularity of Caprylic/Capric Triglycerides Rising Rapidly?

“Caprylic/Capric Triglycerides Gaining Traction Owing to Their Antioxidant & Skin-smoothing Properties”

Based on product, the market is classified into isopropyl myristate, C12-C15 alkyl benzoate, caprylic/capric triglyceride, cetyl palmitate, myristyl myristate, and others. Caprylic/capric triglycerides hold around 60% of the global market.

Glycerin and coconut oil are the sources of the combined triester known as caprylic/capric triglyceride. It comes in the form of an oily liquid that swiftly enters the skin's or hair's surface to nourish it while offering a thin, non-greasy lubricating barrier. It aids in accelerating the delivery of vitamins and other solution-based active components so that they are completely absorbed and distributed uniformly throughout the epidermis.

Caprylic/capric triglyceride, which can be found in cosmetics, including lipsticks, foundations, moisturizers, sunscreens, and shampoos, aids in maintaining the skin's moisture. It also leaves a light feeling on the skin and has a mild scent. It also functions as an antioxidant and aids in skin smoothing.

Will Adoption of Emollient Esters in Skin Care Products Remain High?

“Emollient Esters Widely Used in Skin Care Products to Enhance its Appearance and Health”

Based on application, the market is divided into skin care, hair care, cosmetics, and oral care. Currently, skin care products account for 50% share of the global market. Skin care products are used to hydrate, protect, and clean the skin. A variety of skin care products, including cleansers, toners, moisturizers, sunscreens, lip balms, and others, use emollient esters. They assist in enhancing the skin's appearance and health by hydrating it and avoiding dryness.

Owing to social media trends, awareness and desire for beauty and skin care products have soared. The rising number of beauty influencers and K-beauty trends have enabled manufacturers to open up new platforms for the sales of skin care products.

Environmental pollutants such as traffic fumes, industrial exhaust, cigarette smoke, and stubble burning are adversely affecting the hair and skin. This is resulting in increased demand for anti-pollution skin care products, which, in turn, creates healthy growth opportunities for manufacturers of emollient esters.

Competitive Landscape

Top emollient ester manufacturers are concentrating on advanced manufacturing techniques to provide a wide variety of emollient esters for possible clients and to increase sales of end-use products and applications. Key cosmetic producers are focusing on the high utilization of emollient esters in the manufacturing of skin care and personal care products.

For instance :

• In 2019, BASF SE signed an agreement with French company Biomillenia. The collaboration will help BASF to deliver innovative skin care ingredients by using Biomillenia’s unique microbiome-on-a-chip technology.
• In 2019, Clariant AG collaborated with Elevance, a leader in natural metathesis. The collaboration aims to deliver green emollient ingredients dedicated to the personal care industry.
• In 2022, Shiseido introduced Sidekick, a new skincare line for Gen-Z males, in the Asia Pacific region.

Key Segments of Emollient Esters Industry Research

• By Source :

  • Plant-based
  • Shea Butter
  • Cocoa Butter
  • Others

• By Product :

  • Isopropyl Myristate
  • C12-C15 Alkyl Benzoate
  • Caprylic/Capric Triglyceride
  • Cetyl Palmitate
  • Myristyl Myristate
  • Others

• By Form :

  • Solid
  • Semi-solid
  • Liquid
  • Powder/Flakes

• By Application :

  • Skin Care
  • Hair Care
  • Cosmetics
  • Oral Care

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa