An outlook on Ethylene
Glycol Monostearate Market growth is presented in
this latest research report that reviews industry growth drivers, trends,
regional factors & companies as well as provides forecasts for next few
years.
Global
Ethylene Glycol Monostearate Market size is likely to witness robust growth
owing to its wide applications as surfactants in toiletries, detergents and
even in cosmetic products.
The
product imparts a pearlized look to products and hence is primarily used in
cosmetics. It helps to turn a transparent product into a white-colored product
depending on the usage amount and other ingredients. Also, due to rising use of
personal care and cosmetic products round the world, the global ethylene glycol
monostearate market is set to witness substantial gains. Developing countries
like China and India in the Asia Pacific region have a growing young population
with changing lifestyles and increasing disposable income. As these economies
are growing at a substantial rate, people are getting aware about personal care
and grooming. They are eager and willing to spend over their grooming and
cosmetic needs. This in turn is driving the demand for personal care and
cosmetic products and eventually for the ethylene glycol monostearate market.
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The product has no close substitutes
in the market and hence has an advantage in future as well. Due to negligible
competition, the ethylene glycol monostearate market is likely to grow more
preference.
People with extreme sensitive skin
and skin allergies might have a chance of developing mild swelling, redness and
itching due to the product usage. This may be one of the hindrances for the
ethylene glycol monostearate market.
The global ethylene glycol
monostearate market can be bifurcated on the basis of its source such as vegetable
and animal fats. Growing acceptance of plant derived organic products will
boost the vegetable fat derived ethylene glycol monostearate market in the
coming years.
On the basis of product type, the
product is available in white flake or bead. White flakes are commonly used in
the ethylene glycol monostearate market applications and will likely hold sway
the industry in the forecast years.
Ethylene glycol monostearate market
is globally segmented according to its applications such as emulsifiers,
opacifiers, and pearling agents. In cosmetic products such as conditioners,
lotions and creams, it is favored as a secondary emulsifier and opacifier. One
of the most common application of the product is that it is used as a
pearlizing agent. It usually serves several purposes in cosmetics and shampoos
and provides slight conditioning properties. The product is used as an
opacifier in liquid foam baths and also acts as an excellent
viscosity-enhancing agent.
On the basis of end-user industries,
the global ethylene glycol monostearate market is classified as toiletries,
cosmetics and detergents. It is extensively used as a pearlizing agent in
several personal care products such as shower gels, bath gels and shampoos.
Generally, its properties help to provide thickness & shape to the products
and stabilize surfactant systems.
The global ethylene glycol
monostearate market is segmented on the basis of region as Europe, Asia
Pacific, North America, Latin America and Middle East & Africa. In the
developed regions, such as Europe and North America, ethylene glycol
monostearate market experiences a high demand as people living in these regions
have higher disposable income and willingness to spend over cosmetics. Also, in
the regions of Asia Pacific and Latin America, ethylene glycol monostearate
market demand is on a rise with rising awareness about personal grooming and
cleanliness.
This latest Ethylene
Glycol Monostearate Market research
report offers in-depth analysis, key industry insights, market sizing &
forecast on a granular level for key products, applications across number of
regional markets. The report also analyzes the Ethylene
Glycol Monostearate industry
from business strategy perspective, describing in detail growth drivers,
pitfalls &challenges for participants, accompanied by a detailed
competitive benchmarking including company market share analysis and detailed
business profiles.
Reasons to Buy This Report
•
Global Ethylene Glycol Monostearate Market size & forecast by
product & application.
•
Growth drivers, pitfalls & industry challenges.
•
Key Ethylene Glycol Monostearate Market growth opportunities &
emerging business models.
•
Competitive benchmarking with market share analysis and company
profiles.
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Insights
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