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.
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.
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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.
Chemicals and
Materials Sector
Companies in
the Butyl Stearate market have increasingly shifted gears with wide application
of digital technology across the continuum, from raw material sourcing to
manufacturing to generation of final output, to warehousing to final
distribution operations. Among the various affects, the market is witnessing
new growth economics due to thinning of line between specialty and commodity
businesses that are associated with the larger ecosystem. At the same time, new
growth parameters are being vigorously being debated as industry stakeholders
put greater emphasis on the circular economy processes.
