Emollient Esters Market

Market Snapshot

According to Fact.MR’s latest industry analysis on emollient esters, the global market was valued at US$ 205 Bn in 2020, and is expected to accelerate at a CAGR of 6% to top US$ 300 Bn by 2031. Demand for caprylic/capric triglyceride is projected to rise at a CAGR of 5% across the assessment period of 2021 to 2031.

Key Points Covered in Emollient Esters Industry Survey:

• Market Estimates and Forecasts (2016-2031)
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Assessment by Product Grade / Purity / Formulation Standards
• Brand Share and Market Share Analysis
• Sales of Shea Butter Emollient Esters in 2030
• Demand for Plant-Based Emollient Esters Till 2030
• Key Product Innovations and Regulatory Climate
• Assessment of Import Price, Bulk Price, Contractual Price, Producer / Distributor Price
• Certifications and Compliance Requirements
• C12-C15 Alkyl Benzoate Emollient Esters Market
• COVID-19 Impact on Emollient Esters Industry and How to Navigate
• Recommendation on Key Winning Strategies

Emollient Esters Consumption Analysis from 2016-2020 Vs Future Market Outlook for 2021-2031

As per Fact.MR, a market research and competitive intelligence provider, the global market for emollient esters was valued at US$ 205 Bn in 2020.

New product developments, increasing investments in the research & development of green emollients, and high demand for liquid emollient esters are expected to drive market growth over the coming years.

Emollient esters are used extensively in cosmetics and personal care related items. Demand for caprylic/capric triglycerides is expected to rise due to their skin smoothening and antioxidant benefits. Increasing demand for natural skin care products has triggered new research opportunities for green emollients.

Moreover, rising disposable income and 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 that are expected to drive the market at a 6% CAGR from 2021 to 2031.

Which Properties of Emollient Esters are Stimulating Market Growth?

The chemical formulation of emollient esters helps improve smoothness of the skin. Emollient esters are molded through a reaction of a fatty alcohol with carboxylic acids. Other types include ethers, fatty acids, silicones, hydrocarbons, and fatty alcohols.

The personal care business is a major end user of emollient esters, since they improve sensorial sensation when applying cosmetic products. They offer multi-functional properties, for instance, excellent spread ability on the skin, solubilizes for organic sun filters, as dispersants for inorganic sun filters.

Among the various advantages of emollient esters, some of the major ones include that they modify the skin to a shiny appearance, condition the hair, improve elasticity of the skin, and prevent skin moisture loss. These superior properties will add extra growth to the emollient market.

What Key Restraints are Being Faced by Emollient Ester Manufacturers?

Stringent labeling rules for cosmetic ingredients and availability of cheaper and greener substitutes of emollients are some of the challenges that may restrict growth of the market.

Moreover, strict regulations and compliances across regions and countries limit the emollient esters market to some extent, since chemical ingredient manufacturers/suppliers have to provide accurate data and evidence from where ingredients are sourced. This is expected to hamper market growth to some extent.

Which Region Offers Lucrative Opportunity for Emollient Ester Suppliers?

Europe leads with 40% share in the global market for emollient esters. Expansion of the emollient esters industry in Europe is owing to the large-scale presence of personal care & cosmetic item producers in countries of Europe.

In addition, onset of augment reality in the advertisement of cosmetic items & skin care products has favorably impacted the expansion of the personal care & cosmetic items industry. This, in turn, will produce lucrative growth avenues for the market in Europe over the forecast timeframe. Growing beauty consciousness among customers will contribute majorly towards regional market growth.

Some more regional markets that are likely to perform well over the coming years are the Canada plant-based emollient esters market and the U.K. shea butter emollient esters market.

Country-wise Analysis

What is the Emollient Esters Demand Outlook for the U.S.?

The market in the U.S. was valued at over US$ 55 Bn in 2020. Factors such as changing lifestyle, growing consciousness for personal hygiene, and increase in purchasing power of people for cosmetics & personal care products in the U.S. are expected to drive demand for emollient esters.

Presence of multinational companies and 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.

Why is China Emerging as a Lucrative Market for Emollient Esters?

China is expected to enjoy a market of roughly US$ 65 Bn by 2031. Rapid growth in the population and urbanization along with increase in disposable income are factors that are positively influencing demand market.

China is showing considerable market growth owing to the fact that there is a considerable population in this country that is inclined toward sun protection creams, anti-wrinkles lotions and anti-aging creams.

Major R&D investments, rising use of use of oil based emollients as skin emollients and conditioning agents and skin softening agents, and expansion of production facilities in the country have further boosted sales of emollient esters.

Category-wise Insights

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

Caprylic/capric triglycerides are an oily fluid processed from blending coconut oil with glycerin. This mixture is often called capric triglyceride. It helps with smoothening the skin and also works as an antioxidant.

These compounds are made from naturally occurring fatty acids. The high-fat substance in them nearby the surface and antioxidizing attributes make them ideal for chemical and skincare items.

Will Demand for Use of Emollient Esters in Skin Care Products Remain High?

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

The volume of emollient esters consumed by skin care products constitutes more than one-third of the total end user market. This growth is mainly attributed to increasing demand of emollient esters in moisturizers, anti-aging skin products, and sun care products. Fatty esters such as isopropyl myristate are mostly preferred for 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 skincare and personal care products, which, in turn, creates healthy growth opportunities for manufacturers of emollient esters.

How Has COVID-19 Impacted Demand for Emollient Esters?

Due to the recent outbreak of coronavirus, sales of cosmetics were been weak in most of 2020, besides widespread store closures.

Most industries across the world have been negatively impacted over the last 18 months. This can be attributed to significant disruptions experienced by emollient ester manufacturers, manufacturers of emollient esters for skin care products, and disruptions in supply-chain operations as a result of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe.

The same applies to the global emollient esters market. Moreover, consumer demand has also subsequently reduced as individuals are now focusing on eliminating non-essential expenses from their respective budgets as the general economic status of most has been severely affected by this outbreak.

These aforementioned factors are expected to burden the revenue trajectory of the market over the forecast timeline. However, as respective governing authorities begin to lift these enforced lockdowns, the global market is expected to recover accordingly. Also, some beauty product brands and retailers are reporting e-Commerce sales twice as high as their pre-COVID-19 levels.

Competitive Landscape

Under organic and inorganic market strategies, players have been investing billions of dollars in production capacity expansions, acquisitions, collaborations, and product development to leverage the huge potential in the market.

New strategies adopted by cosmetic emollient ester manufacturers in Spain and the Mexico cocoa butter emollient esters market aim towards high utilization of emollient esters in manufacturing of skin care and personal care products.

• 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 towards personal care industry.

Emollient Esters Market Report Scope

Key Segments Covered in Emollient Esters Industry Research

• Source

  • Plant-based Emollient Esters
  • Shea Butter Emollient Esters
  • Cocoa Butter Emollient Esters
  • Others
    • Animal-Based Emollient Esters
    • Paraffin Emollient Esters

• Product

  • Isopropyl Myristate Emollient Esters
  • C12-C15 Alkyl Benzoate Emollient Esters
  • Caprylic/Capric Triglyceride Emollient Esters
  • Cetyl Palmitate Emollient Esters
  • Myristyl Myristate Emollient Esters
  • Others
    • Isopropyl Palmitate Emollient Esters
    • Butyl Oleate Emollient Esters
    • Cetyl Acetate Emollient Esters

• Form

  • Solid Emollient Esters
  • Semi-Solid Emollient Esters
  • Liquid Emollient Esters
  • Powder/Flakes Emollient Esters

• Application

  • Emollient Esters For Skin Care Products
  • Emollient Esters For Hair Care Products
  • Emollient Esters For Cosmetic Products
  • Emollient Esters For Oral Care Products

Emollient Esters Market: Report Scope

A recent study by Fact.MR on the emollient esters market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates recent market developments, strategic market growth analysis, market size, category market growths, product approvals, product launches, geographical expansions, and technological innovations associated with emollient esters market!

The study also provides the dynamics responsible for influencing the future status of the emollient esters market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies manufacturing emollient esters, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of emollient esters across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of emollient esters during the forecast period. Price point comparison by region with global average price is also considered in the study.

Key Questions Answered in Report

• Which are the most lucrative markets for emollient esters?
• Which factors will impact the growth of the market?
• How will changing trends impact the strategies of market players?
• How can market players capture the low-hanging opportunities across regions?
• Which companies are leading the emollient esters industry?
• What are the winning strategies of stakeholders in the market?

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).

Market estimates at global and regional levels for emollient esters are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global emollient esters market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the emollient esters market during the forecast period.

Country-specific valuation on demand for emollient esters has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value and volume for emerging countries has also been included in the report.

Competition Analysis

The report sheds light on leading manufacturers of emollient esters, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering emollient esters has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the emollient esters market.

Research Methodology

In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of emollient esters market, and reach conclusions on the future growth parameters. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions.

Secondary resources referred to by analysts during the preparation of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of the research report as a primary resource.