DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Isostearic Acid Market Size, Share, Development, Growth and Demand Forecast to 2020 - Industry Insights by End-User (Chemical Esters, Personal Care, Lubricants and Greases, and Others)" report to their offering.
The global isostearic acid market is expected to grow with a CAGR of 7.3% by 2020.
Some of the major drivers behind the growth of the global isostearic acid market include growing cosmetics product market, and increasing lubricants and greases industry. The growing automotive industry, in conjunction with massive industrial growth within the developing markets of Asia- Pacific and Africa is driving the growth of the lubricants and greases market globally, which in turn are supporting the growth of the global isostearic acid market.
The impact of increasing lubricants and greases industry on the global isostearic acid market is expected to be medium in short term, as the lubricants and greases industry accounts for a low share in the overall isostearic acid market. However, owing to continuous innovation and various applications of the acid in the lubricants and greases industry, the demand for isostearic acid in the industry is expected to grow with a faster rate than other end-user industries. Due to these factors, the impact of the growing lubricants and greases industry on the global isostearic acid market is projected to be high in the medium and long terms.
The production cost of isostearic acid is high, on account of which, its sales price is also high in comparison to other saturated fatty acids. However, due to continuous R&D activities by isostearic acid manufacturers, the production cost is expected to be lower in the near future.
1. Research Scope and Methodology
2. Executive Summary
3. Market Outlook
4. Global Market Size and Forecasts
5. Isostearic Acid Market Breakdown by Geography
6. Competitive Positioning and Market Share Analysis
7. Company Profiles
- Arizona Chemical Company LLC
- Emery Oleochemicals (M) Sdn Bhd
- Jarchem Industries Inc.
- Nissan Chemical America Corporation
- Oleon NV
Strategic Developments in the Isostearic Acid Market
For more information visit http://www.researchandmarkets.com/research/ztjcfg/global_isostearic