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| Global Isohexadecane Market Size |
Isohexadecane is a linear saturated hydrocarbon widely used in the personal
care industry as an emollient ingredient for its ability to smoothen the skin.
It provides a skin nourishing effect, improves the texture of emulsion products
and reduces skin dryness. Isohexadecane increases absorption of other skin care
ingredients and imparts a silky touch. The growing personal care industry and increasing
focus on natural ingredients is generating high demand for isohexadecane.
The global Isohexadecane Market is estimated to be valued at US$ 201.14 Mn in 2023 and is expected
to exhibit a CAGR of 5.7% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
The growing personal care industry is one of the key trends driving the
isohexadecane market. Isohexadecane is widely used in personal care products
such as skin care creams, lotions, sunscreens and makeup formulations. The
global personal care market has been growing rapidly over the past few years.
According to Allied Market Research, the global skin care products market size
was valued at US$ 148.80 billion in 2021 and is projected to reach US$ 269.90
billion by 2031, witnessing a CAGR of 6.2% during the forecast period. The
increasing demand for natural skin care products is also supporting the growth
of isohexadecane market as it is derived from palm oil and provides nourishment
for the skin without any side effects.
Segment Analysis
The global isohexadecane market is dominated by the personal care segment.
Isohexadecane finds wide application in the formulation of cosmetic and
personal care products due to its emollient properties and absorption rate that
is ideal for the skin. It leaves a dry non-greasy feeling on the skin and helps
other ingredients penetrate better. This has resulted in isohexadecane being
used extensively in skin care creams, moisturizers, sunscreens, lotions, and
other personal care products.
Key Takeaways
The Global
Isohexadecane Market Size is expected to witness high growth over the
forecast period of 2023 to 2030 on account of expanding personal care industry
and rising demand for natural and organic personal care products around the
world. The global Isohexadecane Market is estimated to be valued at US$ 201.14 Mn in 2023 and is expected
to exhibit a CAGR of 5.7% over the
forecast period 2023 to 2030.
Regional analysis
The Asia Pacific region presently dominates the global isohexadecane market and
is expected to continue its leadership role attributed to China, Japan and
India serving as major production and consumption hubs of personal care and
cosmetic products. The booming middle class, growing working women population
willing to spend more on skincare and cosmetics as well as rising disposable
incomes in the region make Asia Pacific a highly lucrative market for
isohexadecane.
Key players
Key players operating in the isohexadecane market are Bioelectronics
Corporation, Nova Biomedical Corporation, Medtronic Plc., Sensirion AG, F.
Hoffmann-La Roche Ltd., Bayer A.G., Abbott, Siemens AG, Salvia Bioelectronics,
LifeSensors, OmniVision Technologies Inc., AgaMatrix Inc., Sensirion AG,
Broadcom Inc., Sotera Wireless, and Omnivision Technologies.
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