What is Global Ethylhexylglycerin Market?
The Global Ethylhexylglycerin Market is a vast and dynamic sector that has been gaining significant attention in recent years. Ethylhexylglycerin is a glyceryl ether that is used as a skin conditioning agent and preservative in a variety of personal care and cosmetic products. It's a clear liquid that's odorless or has a slight scent, and it's known for its deodorizing properties and its ability to enhance the function of other preservatives. The global market for this compound is driven by its widespread use in the cosmetics industry, where it's valued for its ability to improve the skin feel of cosmetic formulations. It's also used as a stabilizer in perfumes and soaps, and as a preservative in deodorants. The market is further propelled by the growing consumer demand for personal care products with natural and organic ingredients. However, the market faces challenges such as stringent regulations regarding the use of preservatives in cosmetics and the availability of alternative compounds. Despite these challenges, the Global Ethylhexylglycerin Market is expected to witness steady growth in the coming years, thanks to the compound's versatile applications and beneficial properties.
Purity 98%, Purity 99%, Others in the Global Ethylhexylglycerin Market:
The Global Ethylhexylglycerin Market is segmented based on purity into Purity 98%, Purity 99%, and Others. Each segment has its own unique market dynamics and growth potential. Purity 98% Ethylhexylglycerin is widely used in the cosmetics industry due to its excellent skin conditioning properties and its ability to enhance the function of other preservatives. It's also used as a stabilizer in perfumes and soaps, and as a preservative in deodorants. On the other hand, Purity 99% Ethylhexylglycerin is preferred in high-end cosmetic formulations due to its superior quality and performance. It's also used in premium personal care products where purity and performance are paramount. The Others segment includes Ethylhexylglycerin with different purity levels and is used in various applications based on specific requirements. The market for each segment is influenced by factors such as consumer preferences, product performance, and regulatory guidelines. Despite the differences, all segments are expected to witness steady growth in the Global Ethylhexylglycerin Market, thanks to the compound's versatile applications and beneficial properties.
Personal Care, Cosmetics, Deodorant Products, Others in the Global Ethylhexylglycerin Market:
The Global Ethylhexylglycerin Market finds extensive usage in areas such as Personal Care, Cosmetics, Deodorant Products, and Others. In the Personal Care sector, Ethylhexylglycerin is used as a skin conditioning agent and preservative in products like lotions, creams, and cleansers. It's valued for its ability to improve the skin feel of personal care formulations and its deodorizing properties. In the Cosmetics sector, Ethylhexylglycerin is used in a variety of products including foundations, mascaras, lipsticks, and eyeliners. It's used as a stabilizer in perfumes and soaps, and as a preservative in deodorants. The Others sector includes applications in industries like pharmaceuticals and food and beverages. The market for each application is driven by factors such as consumer demand, product performance, and regulatory guidelines. Despite the differences, all applications are expected to witness steady growth in the Global Ethylhexylglycerin Market, thanks to the compound's versatile applications and beneficial properties.
Global Ethylhexylglycerin Market Outlook:
The global Ethylhexylglycerin market has shown a promising outlook. In 2022, the market was valued at US$ 142.1 million and is projected to reach US$ 190.2 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period from 2023 to 2029. A significant portion of the global production, nearly 50%, is accounted for by China. In 2019, Schulke & Mayr, a key player in the market, had a sales revenue of Ethylhexylglycerin that accounted for 20% of the world's share. Furthermore, the top five players in the market accounted for approximately 55% of the world's revenue share. These figures highlight the competitive nature of the market and the dominance of a few key players. However, the market is dynamic and there are opportunities for other players to make their mark. The growth of the market is driven by the widespread use of Ethylhexylglycerin in the cosmetics and personal care industry, and the growing consumer demand for products with natural and organic ingredients.
| Report Metric | Details |
| Report Name | Ethylhexylglycerin Market |
| Accounted market size in 2022 | US$ 142.1 million |
| Forecasted market size in 2029 | US$ 190.2 million |
| CAGR | 4.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Schulke & Mayr, Shanghai Synmedia Chemical, Shinsung Materials, Fushan Silver, Sachem, Taicang Liyuan, Thor Personal Care, Wuxi Zhufeng, Yantai Aurora Chemical, Kumar Organic Products, Belchem Industries (India) |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
