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. The market for this compound is global, with demand stemming from various industries across the world. The market's value was estimated at US$ 142.1 million in 2023, and it is projected to reach US$ 190.2 million by 2030, growing at a CAGR of 4.2% during the forecast period 2024-2030. This growth is driven by the increasing demand for personal care and cosmetic products, as well as the compound's effective preservative properties. The market is also influenced by various factors such as technological advancements, changing consumer preferences, and regulatory policies.
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 unique characteristics and applications, contributing to the market's overall growth. Purity 98% Ethylhexylglycerin is commonly used in personal care products due to its effective skin conditioning and preservative properties. On the other hand, Purity 99% Ethylhexylglycerin is preferred in high-end cosmetic products due to its superior quality and effectiveness. The 'Others' segment includes Ethylhexylglycerin with different purity levels, used in various applications based on specific requirements. The market dynamics for each segment are influenced by factors such as product availability, price, quality, and consumer preferences.
Personal Care, Cosmetics, Deodorant Products, Others in the Global Ethylhexylglycerin Market:
Ethylhexylglycerin is widely used in various areas such as Personal Care, Cosmetics, Deodorant Products, and Others. In the Personal Care sector, it is used as a skin conditioning agent and preservative in products like lotions, creams, and cleansers. In the Cosmetics sector, it is used in products like foundations, mascaras, and lipsticks due to its ability to improve product stability and extend shelf life. In Deodorant Products, it is used due to its effective antimicrobial properties that help prevent body odor. The 'Others' category includes various other applications of Ethylhexylglycerin in industries like pharmaceuticals, food and beverages, and more. The usage of Ethylhexylglycerin in these areas is driven by its versatile properties and the increasing demand for effective and safe ingredients in various products.
Global Ethylhexylglycerin Market Outlook:
Looking at the Global Ethylhexylglycerin Market outlook, it's clear that the market has been experiencing steady growth. In 2023, the market was valued at US$ 142.1 million and is expected to reach US$ 190.2 million by 2030. This growth is attributed to a CAGR of 4.2% during the forecast period of 2024 to 2030. A significant portion of the global production, nearly 50%, is accounted for by China. In terms of sales revenue, Schulke & Mayr's Ethylhexylglycerin accounted for 20% of the world's share in 2019. Furthermore, the top five players in the market accounted for approximately 55% of the world's revenue share. These figures indicate a concentrated market with a few key players dominating. However, the market also presents opportunities for new entrants and existing players to expand their market share through strategic initiatives.
| Report Metric | Details |
| Report Name | Ethylhexylglycerin Market |
| Accounted market size in 2023 | US$ 142.1 million |
| Forecasted market size in 2030 | US$ 190.2 million |
| CAGR | 4.2% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| 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 |
