Scope of the Study
Glyceryl oleate consists of glycerin and oleic acid and a naturally occurring fatty acid. It is also called Glyceryl monooleate which is obtained from oils and fats that are naturally occurring such as olive oil and peanut oil. Gyceryl oleate is used in the preparation of personal care and cosmetics products like lipsticks, eye shadows, makeup bases and others. Additionally, it is used in skin care products of babies as it contains the healing properties and prevents eczema, dandruff and dry skin. Since, the personal care products for adults and infants are being consumed widely, it has high demand which is fueling the market.
The market study is being classified, by Application (Creams, Lotions, Shampoos, Shower gels, Liquid soaps and Hair pomades) and major geographies with country level break-up.
Croda (United Kingdom), Evonik Dr. Straetmans GmbH (Germany), Hallstar (United States), SABO S.p.A (Italy), IOI Oleo GmbH (Germany), Spec-Chem Industry Inc. (China), BASF (Germany), Merck KGaA (Germany), Res Pharma (Italy) and Chemyunion (Brazil) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Lonza Group (Switzerland), Ikeda Corporation (Japan), Nisshin Oillio Group, Ltd. (Japan) and KCI Limited (South Korea).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Glyceryl Oleate market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Glyceryl Oleate market by Type, Application and Region.
On the basis of geography, the market of Glyceryl Oleate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Usage of Personal Care Products
- Rising Demand among Various Industries Such as Pharmaceuticals
- Changing Lifestyle of Individuals
- Alternatives Available for Personal Care
- Rising Disposable Income in Developing Economies
- Rising Population is creating an Opportunity
- Usage of Gyceryl Oleate May Lead to Side Effects
- Lack of Awareness among the Consumers
Market Leaders and their expansionary development strategies
In May 2018, SABO S.p.A has completed the acquisition of Domus personal care. This acquisition will strengthen the position in personal care market.
Analyst CommentRising health concerns for adults as well as children and the availability of wide range of products that are using Gyceryl Oleate is causing higher demand for the same in developed and developing economies. Hence, the major players are looking for business expansion to increase their presence in the end use industries. This in turn will impact the growth of market in upcoming years.
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations
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