[250 Pages Report] The global ethylhexyl palmitate market is projected to exhibit growth at a CAGR of around 4% to 5% during the forecast period 2022-2032. Growing application of ethylhexyl palmitate as pigment wetting agent, solvent, fragrance fixative, carrying agent, and emollient across the overall personal care & cosmetic industry is estimated to accelerate the sales in the global market.
Report Attribute | Details |
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Ethylhexyl Palmitate Market Projected Growth Rate (2022 to 2032) | 4% to 5% CAGR |
Ethylhexyl palmitate, referred to by various names such as octyl palmitate. hexadecanoic acid, 2-ethylhexyl ester, and others. It is fatty acid palmitate obtained from various types such as by a combination of palmitic acid, palm oil lipid, plant and animal life, and in smaller amounts from other fatty acids. It is a smoothing and ester used in multiple skincare products as an ingredient to maintain the consistency and thickness of the final product.
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The ethylhexyl palmitate market is largely driven by the rapid expansion of the personal care & cosmetics industry across the globe. Demand for ethylhexyl palmitate is rapidly increasing across diverse skincare sectors, owing to its favorable attributes such as moisturizing, softening & smoothening, easy skin absorption & penetration, and others.
It is extensively being used as a carrying agent, solvent, wetting agent, and others for the production of various products such as foot moisturizers, sunscreens, hair removal wax, facial moisturizers, bath salts & soaks, and women’s depilatories among others. Hence, increasing sales of these products across prominent regions such as North America, Asia Pacific, and Europe is anticipated to boost the demand for ethylhexyl palmitate in the global market.
Rising awareness regarding the adverse effects caused due to the use of ethylhexyl palmitate on the skin and hair such as irritation, acne outbreak, allergic reactions, rashes, and others is hindering the growth in the global market.
Also, high cost of ethylhexyl palmitate, due to the complex extraction process from natural sources, and availability of low-cost substitutes such as silicone are factors further hampering the demand in the market.
As per a study by FMI, North America is projected to account for the dominant revenue share in the global ethylhexyl palmitate market between 2022 and 2032.
With rising emphasis on the personal hygiene and increasing customer spending on enhancing body appearance and facial aesthetics, there is a rapid surge in demand for personal care & cosmetics products. Hence, key industry players are focusing on launching new products to cater to this surging demand.
For instance, in 2019, Eminence Organic Skin Care, a Canadian manufacturer of cosmetic products, announced launching a new range of products under its stonecrop collection, comprising body cream, body oil, body scrub, and others. Such new product launches are forecast to bolster the sales in the North America market.
Future Market Insights states that Western Europe is anticipated to exhibit growth at a rapid CAGR in the global ethylhexyl palmitate market during the forecast period 2022-2032.
A rapid shift in the consumer preference toward organic, and natural personal care, cosmetics, and baby care products is being witnessed across the countries such as the U.K., Germany, and France among others. This is due to rising prevalence of reactions and allergies caused because of the chemical ingredients used in products such as facial cream, baby moisturizers, hair conditioners, and many others.
Attributed to this, demand for organic, herbal, and natural products is increasing at a rapid pace. As ethylhexyl palmitate is increasingly used as an organics substitute for silicone during the production of natural products, this rise in demand for organics skincare products is expected to favor the growth in the Western Europe market.
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Some of the leading players in the ethylhexyl palmitate market are Universal Preserve-A-Chem Inc., Esters and Solvents LLP., Shanghai Smart Chemicals Co. Ltd., Making Cosmetics, Trivent Chemicals, BOC Sciences, Bruchem, Inc., Acme Hardesty, Parchem, Qingzhou Ailitong Chemicals Co, Ltd., Hanianzhongxin Chemicals Co, Ltd., and others.
The market is highly competitive, attributed to presence of a large number of participants and increasing adoption of production capacity expansion, collaboration, mergers & acquisitions strategies for expanding their market share.
Report Attribute | Details |
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Growth Rate | CAGR of 4% to 5% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Countries Covered |
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Key Companies Profiled |
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Customization | Available Upon Request |
FMI projects the demand for ethylhexyl palmitate market to expand at 4% to 5% value CAGR over the forecast period 2022-2032
The ethylhexyl palmitate market is dominated by North America, and this trend is projected to continue for the assessment period.
Universal Preserve-A-Chem Inc., Esters and Solvents LLP., Shanghai Smart Chemicals Co. Ltd., Making Cosmetics, Trivent Chemicals, BOC Sciences, Bruchem, Inc., Acme Hardesty, Parchem, Qingzhou Ailitong Chemicals Co, Ltd., Hanianzhongxin Chemicals Co, Ltd., and others are some key ethylhexyl palmitate manufacturer.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (MT) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Form 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Form, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Form, 2022-2032 5.3.1. Powder 5.3.2. Liquid 5.4. Y-o-Y Growth Trend Analysis By Form, 2017-2021 5.5. Absolute $ Opportunity Analysis By Form, 2022-2032 Deep-dive segmentation will be available in the sample on request 6. Global Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By End-use 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By End-use, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By End-use, 2022-2032 6.3.1. Cosmetics 6.3.2. Personal Care 6.4. Y-o-Y Growth Trend Analysis By End-use, 2017-2021 6.5. Absolute $ Opportunity Analysis By End-use, 2022-2032 Deep-dive segmentation will be available in the sample on request 7. Global Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Functionality 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Functionality, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Functionality, 2022-2032 7.3.1. Emollient 7.3.2. Perfuming 7.3.3. Texture Enhancer 7.3.4. Solvent 7.3.5. Pigment Wetting 7.3.6. Spreading Agent 7.4. Y-o-Y Growth Trend Analysis By Functionality, 2017-2021 7.5. Absolute $ Opportunity Analysis By Functionality, 2022-2032 Deep-dive segmentation will be available in the sample on request 8. Global Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia & Pacific 8.3.6. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Form 9.2.3. By End-use 9.2.4. By Functionality 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Form 9.3.3. By End-use 9.3.4. By Functionality 9.4. Key Takeaways 10. Latin America Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Form 10.2.3. By End-use 10.2.4. By Functionality 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Form 10.3.3. By End-use 10.3.4. By Functionality 10.4. Key Takeaways 11. Europe Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Form 11.2.3. By End-use 11.2.4. By Functionality 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Form 11.3.3. By End-use 11.3.4. By Functionality 11.4. Key Takeaways 12. East Asia Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Form 12.2.3. By End-use 12.2.4. By Functionality 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Form 12.3.3. By End-use 12.3.4. By Functionality 12.4. Key Takeaways 13. South Asia & Pacific Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Indonesia 13.2.1.4. Malaysia 13.2.1.5. Singapore 13.2.1.6. Australia 13.2.1.7. New Zealand 13.2.1.8. Rest of South Asia & Pacific 13.2.2. By Form 13.2.3. By End-use 13.2.4. By Functionality 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Form 13.3.3. By End-use 13.3.4. By Functionality 13.4. Key Takeaways 14. MEA Ethylhexyl Palmitate Market Analysis 2017-2021 and Forecast 2022-2032, By Country 14.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021 14.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Form 14.2.3. By End-use 14.2.4. By Functionality 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Form 14.3.3. By End-use 14.3.4. By Functionality 14.4. Key Takeaways 15. Key Countries Ethylhexyl Palmitate Market Analysis 15.1. U.S. 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2021 15.1.2.1. By Form 15.1.2.2. By End-use 15.1.2.3. By Functionality 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2021 15.2.2.1. By Form 15.2.2.2. By End-use 15.2.2.3. By Functionality 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2021 15.3.2.1. By Form 15.3.2.2. By End-use 15.3.2.3. By Functionality 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2021 15.4.2.1. By Form 15.4.2.2. By End-use 15.4.2.3. By Functionality 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2021 15.5.2.1. By Form 15.5.2.2. By End-use 15.5.2.3. By Functionality 15.6. U.K. 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2021 15.6.2.1. By Form 15.6.2.2. By End-use 15.6.2.3. By Functionality 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2021 15.7.2.1. By Form 15.7.2.2. By End-use 15.7.2.3. By Functionality 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2021 15.8.2.1. By Form 15.8.2.2. By End-use 15.8.2.3. By Functionality 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2021 15.9.2.1. By Form 15.9.2.2. By End-use 15.9.2.3. By Functionality 15.10. China 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2021 15.10.2.1. By Form 15.10.2.2. By End-use 15.10.2.3. By Functionality 15.11. Japan 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2021 15.11.2.1. By Form 15.11.2.2. By End-use 15.11.2.3. By Functionality 15.12. South Korea 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2021 15.12.2.1. By Form 15.12.2.2. By End-use 15.12.2.3. By Functionality 15.13. India 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2021 15.13.2.1. By Form 15.13.2.2. By End-use 15.13.2.3. By Functionality 15.14. Thailand 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2021 15.14.2.1. By Form 15.14.2.2. By End-use 15.14.2.3. By Functionality 15.15. Indonesia 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2021 15.15.2.1. By Form 15.15.2.2. By End-use 15.15.2.3. By Functionality 15.16. Malaysia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2021 15.16.2.1. By Form 15.16.2.2. By End-use 15.16.2.3. By Functionality 15.17. Singapore 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2021 15.17.2.1. By Form 15.17.2.2. By End-use 15.17.2.3. By Functionality 15.18. Australia 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2021 15.18.2.1. By Form 15.18.2.2. By End-use 15.18.2.3. By Functionality 15.19. New Zealand 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2021 15.19.2.1. By Form 15.19.2.2. By End-use 15.19.2.3. By Functionality 15.20. GCC Countries 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2021 15.20.2.1. By Form 15.20.2.2. By End-use 15.20.2.3. By Functionality 15.21. South Africa 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2021 15.21.2.1. By Form 15.21.2.2. By End-use 15.21.2.3. By Functionality 15.22. Israel 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2021 15.22.2.1. By Form 15.22.2.2. By End-use 15.22.2.3. By Functionality 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Form 16.3.3. By End-use 16.3.4. By Functionality 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Ashland Inc. 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Croda Plc 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Hallstar Company 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Nisshin Oillio Group, Ltd. 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. SABO S.p.A 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. INOLEX Incorporated 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. BASF SE 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. Eastman Chemical 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Allan Chemical 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Alzo International 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 17.1.11. KLK OLEO 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 17.1.11.5.2. Product Strategy 17.1.11.5.3. Channel Strategy 17.1.12. Merck KGaA 17.1.12.1. Overview 17.1.12.2. Product Portfolio 17.1.12.3. Profitability by Market Segments 17.1.12.4. Sales Footprint 17.1.12.5. Strategy Overview 17.1.12.5.1. Marketing Strategy 17.1.12.5.2. Product Strategy 17.1.12.5.3. Channel Strategy 17.1.13. BOC Sciences 17.1.13.1. Overview 17.1.13.2. Product Portfolio 17.1.13.3. Profitability by Market Segments 17.1.13.4. Sales Footprint 17.1.13.5. Strategy Overview 17.1.13.5.1. Marketing Strategy 17.1.13.5.2. Product Strategy 17.1.13.5.3. Channel Strategy 17.1.14. Esters and Solvents LLP. 17.1.14.1. Overview 17.1.14.2. Product Portfolio 17.1.14.3. Profitability by Market Segments 17.1.14.4. Sales Footprint 17.1.14.5. Strategy Overview 17.1.14.5.1. Marketing Strategy 17.1.14.5.2. Product Strategy 17.1.14.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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