France Isostearic Acid Market Size & Outlook, 2023-2030
France isostearic acid market, 2018-2030 (US$M)
Related Markets
France isostearic acid market highlights
- The France isostearic acid market generated a revenue of USD 18.5 million in 2023 and is expected to reach USD 31.8 million by 2030.
- The France market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, chemical esters was the largest revenue generating application in 2023.
- Lubricant and Greases is the most lucrative application segment registering the fastest growth during the forecast period.
Isostearic acid market data book summary
| Market revenue in 2023 | USD 18.5 million |
| Market revenue in 2030 | USD 31.8 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Chemical esters |
| Fastest growing segment | Lubricant and Greases |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Personal Care, Chemical Esters, Lubricant and Greases, Other Applications |
| Key market players worldwide | Croda International PLC, Euronav NV, Nissan Chemical Corp, PTT Global Chemical PCL ADR, Kuala Lumpur Kepong Bhd, Sana Biotechnology Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, France accounted for 6.5% of the global isostearic acid market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany isostearic acid market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 22.0 million by 2030.
Chemical esters was the largest segment with a revenue share of 40% in 2023. Horizon Databook has segmented the France isostearic acid market based on personal care, chemical esters, lubricant and greases, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Isostearic acid holds significant importance in France, particularly in its personal care industry. The consumption of isostearic acid in this industry is anticipated to surge in the coming years owing to the increasing consumer demand for cosmetics and personal care products in France.
Moreover, this acid is also witnessing increased demand from other industries, such as lubricants, adhesives, and plastics in the country. In the adhesives industry, isostearic acid is a crucial raw material known for its exceptional adhesion properties.
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Isostearic Acid Market Scope
Isostearic Acid Market Companies
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France isostearic acid market size, by application, 2018-2030 (US$M)
France Isostearic Acid Market Outlook Share, 2023 & 2030 (US$M)
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