Isostearic Acid Market Business Opportunities And Forecast To 2020 : Grand View Research Inc.
San Francisco, 4 March 2019: The Report Isostearic Acid Market Analysis By Application (Personal Care, Chemical Esters, Lubricant & Greases) And Segment Forecasts To 2020 Global Isostearic Acid is expected to reach USD 447.9 million by 2020, according to a new study by Grand View Research, Inc,. Increasing personal care products demand particularly in Asia Pacific and Latin America is expected to drive the global isostearic acid market. Increasing demand for bio-ingredient based products on account of growing consumer awareness regarding hazardous nature of petrochemicals derived products is also expected to have a positive influence on the market growth. High price of isostearic acid owing to its limited supply is expected to hinder the market growth. Chemical esters emerged as the leading application segment and accounted for 39.8% of the total market volume in 2013. Cosmetics and personal care industry uses isostearic acid derived chemical esters for applications such as