Insights Into The Competitive Hydrogenated Polyisobutene Market
The global hydrogenated polyisobutene market is expected to reach US$ 22.8 million by 2027, exhibiting a CAGR of 4.7% during the forecast period (2019-2027). The market for hydrogenated polyisobutene is majorly driven by the various benefits such as low toxicity of hydrogenated polyisobutene coupled with an increasing number of regulatory approvals. There are many products in the cosmetics industry that use hydrogenated polyisobutene as part of their formulations. Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/hydrogenated-polyisobutene-market-3297
The global hydrogenated polyisobutene market is expected to reach US$ 22.8 million by 2027, exhibiting a CAGR of 4.7% during the forecast period (2019-2027). The market for hydrogenated polyisobutene is majorly driven by the various benefits such as low toxicity of hydrogenated polyisobutene coupled with an increasing number of regulatory approvals. There are many products in the cosmetics industry that use hydrogenated polyisobutene as part of their formulations.
Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/hydrogenated-polyisobutene-market-3297
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GLOBAL<br />
HYDROGENATED<br />
POLYISOBUTENE<br />
MARKET<br />
<strong>Market</strong> Size (2018)<br />
US$ 15.1 MN CAGR (2019–<br />
2027)<br />
4.7%<br />
© Coherent <strong>Market</strong> <strong>Insights</strong>. All Rights Reserved
Segmentation (Scope)<br />
By Function<br />
‣ Emollient<br />
‣ Viscosity Increasing Agent<br />
‣ Plasticizer<br />
‣ Others (Extruders, etc.)<br />
By End-use Industry<br />
‣ Cosmetics & Personal Care<br />
• Skin Care (Inc. Lipstick)<br />
• Hair Care<br />
• Eye Care<br />
• Nail Care<br />
• Others (Sun Care, Baby Care etc.)<br />
‣ Adhesives<br />
‣ Rubber<br />
‣ Others (Textiles, Lubricants, etc.)<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> <strong>Insights</strong>. All All Rights Rights Reserved Reserved
Major Drivers<br />
<br />
Rising demand from<br />
the cosmetic industry<br />
<br />
Low toxicity of<br />
hydrogenated<br />
polyisobutene coupled<br />
with an increasing<br />
number of regulatory<br />
approvals<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> <strong>Insights</strong>. All All Rights Rights Reserved Reserved
NORTH<br />
AMERICA<br />
<strong>Market</strong> Size (2018)<br />
US$ 3.7 MN<br />
CAGR (2019-2027)<br />
4.0%<br />
EUROPE<br />
<strong>Market</strong> Size (2018)<br />
US$ 5.3 MN<br />
CAGR (2019-2027)<br />
2.9%<br />
Major Driver<br />
Rising demand for cosmetics and<br />
personal care products<br />
Major Driver<br />
Rising demand for low toxicity in case of<br />
cosmetics products<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> <strong>Insights</strong>. All All Rights Rights Reserved Reserved
Major Players<br />
A&E Cannock<br />
INEOS Oligomers<br />
Croda<br />
International plc.<br />
Elementis PLC<br />
BASF SE<br />
Glenn Corporation<br />
NOF America<br />
Corporation<br />
Sensient Cosmetic<br />
Technologies<br />
SOPHIM<br />
<strong>The</strong> Innovation<br />
Company<br />
Henan Tianfu Chemical Co, ltd.<br />
UPI Chem<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> <strong>Insights</strong>. All All Rights Rights Reserved Reserved
Global <strong>Hydrogenated</strong> <strong>Polyisobutene</strong> <strong>Market</strong><br />
Share (%), By End-use Industry, 2018<br />
XX%<br />
XX%<br />
95.5%<br />
XX%<br />
Others Rubber Adhesives Cosmetics &<br />
Personal Care<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> <strong>Insights</strong>. All All Rights Rights Reserved Reserved
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