Isohexadecane Market Projections Analyzed To Inspect Growth Trends during 2019-2029

Fact.MR, in its new offering, brings to the fore an unbiased analysis of the global Isohexadecane market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study offers compelling insights on the isohexadecane market on the basis of end-use (hair care products, skin care products, antiperspirants & deodorants, color cosmetics, bath, shower & soaps, sun care products, shaving / hair removal products) across seven key regions and 22 countries.

The isohexadecane market study outlines the key regions – Latin America, North America, MEA, Europe and APEJ – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are RITA Corporation, The Innovation Company, Vantage Specialty Chemicals, Croda International Plc., and many others.

The isohexadecane market report addresses the below-mentioned queries:

  • Why are vendors shifting away from traditional methods of manufacturing isohexadecane?
  • How does the global isohexadecane market looks like in the next five years?
  • Which end use industry is expected to surpass segment by the end of 2029?
  • What innovative products are being introduced by the players in the global isohexadecane market?
  • Which regions are showing the fastest market growth?

The global market for isohexadecane is expected to grow with a moderate CAGR of ~3.3 per cent through the forecast period till 2029. The growth can be primarily attributed to the rise in per capita expenditure on premium personal care and cosmetics products, which is expected to generate a number of lucrative opportunities of growth in the years ahead.

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Developed Regions Dominate Adoption Rates

Developed countries around the world including those in North America and Europe are major markets for isohexadecane, owing to the presence of numerous major cosmetics and personal care product manufacturers in these regions.

On the other hand, in the countries of the Asia Pacific, emerging economies such as China has been witnessing a high rate of growth, as consumers have recently started to transition towards the use of premium products which are propelling the use of isohexadecane. These growth opportunities will primarily come from Vietnam, India, and Indonesia, who are witnessing higher amounts of disposable income, and a rising preference for such premium products.

Changes in Consumer Population Demographics Aid Growth

Various types of color cosmetics continue to be the major end use applications for isohexadecane in the near future. This trend is fueled by increased consumption by the emergent population of millennials, who are currently accounting for around 60 per cent of sales of color cosmetics.

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The increased influence of social media on purchasing habits and the transition in the consumer demographic is influencing changes in the industry. Manufacturers are consequently pushing to build strong relations with key channel partners to expand consumer base and regional presence. Such collaborations help manufacturers to spread the reach of their offerings around the world. The isohexadecane market is largely consolidated, which impacts production rates, while also generating a gap between demand and supplies.

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