Butyl
Stearate: Introduction:
Butyl
Stearate is a chemical compound which is prepared by reacting stearic
acid with an appropriate amount of alcohol. Butyl stearate has the
unique properties of low viscosity and is oily in nature. Due to its
significant characteristics, Butyl Stearate results in a non-greasy,
hydrophobic film when applied to the skin or lips. Butyl Stearate is
usually in the form of oily liquids or waxy solids. Its acid value is
of maximum 1.0 and the saponification value ranges between 160 to
175. And its specific gravity value is approximately 0.85. To
maintain its quality standards, Butyl Stearate is usually stored and
maintained away from heat and direct sunlight.
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Butyl
Stearate: Segmentation:
The
Butyl Stearate Market is usually segmented into its form, application
and end use.
On
the basis of form, the Butyl Stearate market can be segmented into
Oily liquid and Waxy solids. Among these forms, Butyl stearate market
has been anticipated to higher volume share in oil liquid sector due
to its wide application in various industries.
On
the basis of application, the Butyl Stearate market can be segmented
into Plasticizer, Lubricant, Spinning compound and Emollient.
Lubricant and emollient applications of Butyl stearate are expected
to have higher value sales due to its large use in cosmetics and food
industry. Butyl Stearate's Lubricant application in cosmetic industry
has been surging significant growth.
On
the basis of end use, Butyl Stearate market can be segmented into the
food industry, beverage industry, cosmetics industry, textile
industry, personal care, paper industry and metal industry. The food
industry can be further sub-segmented into baked goods,
confectionery, desserts, and gelatin. Similarly, beverage industry
segment can be further sub-segmented into alcoholic and non-alcoholic
beverages. Due to its popularity and large applications in food and
cosmetics industry, these two industries holds the largest share in
terms of volume sales as compared to other industry.
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Butyl
Stearate: Regional Outlook:
A
regional segment for the market of Butyl Stearate is divided into
five different regions: North America, Latin America, Europe, Asia
Pacific, and Middle East & Africa. The L’Oreal Group, Procter
and Gamble Company, Unilever are some of the big players in the
global cosmetic industry. And most of these companies have their
highest value share in European regions. And for obvious reasons, the
volume sales of the cosmetic industry in Europe region has been
growing significantly every year. As a result, butyl stearate market
will have the highest value sales in these regions to come up as a
prime ingredient in many cosmetic products. North America and
Asia-Pacific region especially Japan has been considered to be the
emerging market for the cosmetic industry due to consumer's desire
for cosmetic products.
Butyl
Stearate: Drivers and Restraints:
Butyl
Stearate has widely being used in various industries. They act as a
green chemical alternative to potentially hazardous ingredients,
notably personal care, flavor & fragrance, and plastics
industries. It acts as an emollient and skin conditioning agent in
personal care formulations. It functions as an effective plasticizer
in nail varnishes. It also acts as a masking agent in fragrances for
the perfume industry. In the metal industry, it has been used as the
prime ingredient for cutting oil. Their application includes
flavoring, lubrication in plastic production, proofing for concrete
production, texturing in ink and in various surfactant systems. Hence
these above mentioned critical factors can help drive the demand for
Butyl Stearate in various industries, especially in cosmetic
industries.
Butyl
Stearate: Key Players:
Some
of the key players in Butyl Stearate Market are Pacific Texchem
Private Limited., A&A Fratelli Parodi Spa, Jacob Stern &
Sons, Inc., Green Biologics Ltd, Esterchem Ltd., Stan Chem
International, Fine Organics, Mohini Organics Pvt Ltd, Penta
Manufacturing Company.