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Ethylene Glycol Monostearate Market Trends 2024 Comprehensive Study Explores Huge Growth in Future

Author : Ronak Bora | Published Date : 2019-05-23 

The Global Ethylene Glycol Monostearate Market Report 2018-2024 analyzes the important factors of this market based on present industry situations, market demands, business strategies utilized by the market players and their growth synopsis. This report divides based on the key players, type, application and regions are mentioned below.

Global Ethylene Glycol Monostearate Market Forecast to 2024 released By Global Market Insights, Inc. provides market information about industry top key players, countries, type and application. This report also states company profile, sales, market revenue and price, market share, market growth and gross margin by regions, strategic recommendations for the new entrants, market forecasts for a minimum of five years of all the mentioned segments, sub segments and the regional markets. Ethylene Glycol Monostearate Market size is likely to witness robust growth owing to its wide applications as surfactants in toiletries, detergents and even in cosmetic products.

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Developing countries like China and India in the Asia Pacific region have a growing young population with changing lifestyles and increasing disposable income. As these economies are growing at a substantial rate, people are getting aware about personal care and grooming. They are eager and willing to spend over their grooming and cosmetic needs. This in turn is driving the demand for personal care and cosmetic products and eventually for the ethylene glycol monostearate market.

The product has no close substitutes in the market and hence has an advantage in future as well. Due to negligible competition, the ethylene glycol monostearate industry is likely to grow more preference.People with extreme sensitive skin and skin allergies might have a chance of developing mild swelling, redness and itching due to the product usage. This may be one of the hindrances for the ethylene glycol monostearate market.

The global ethylene glycol monostearate market can be bifurcated on the basis of its source such as vegetable and animal fats. Growing acceptance of plant derived organic products will boost the vegetable fat derived ethylene glycol monostearate industry in the coming years.On the basis of product type, the product is available in white flake or bead. White flakes are commonly used in the ethylene glycol monostearate industry applications and will likely hold sway the industry in the forecast years.

On the basis of end-user industries, the global ethylene glycol monostearate market is classified as toiletries, cosmetics and detergents. It is extensively used as a pearlizing agent in several personal care products such as shower gels, bath gels and shampoos. Generally, its properties help to provide thickness & shape to the products and stabilize surfactant systems.

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The global ethylene glycol monostearate market is segmented on the basis of region as Europe, Asia Pacific, North America, Latin America and Middle East & Africa. In the developed regions, such as Europe and North America, ethylene glycol monostearate industry experiences a high demand as people living in these regions have higher disposable income and willingness to spend over cosmetics.

The primary players operating in the ethylene glycol monostearate market are Solvay, VWR, Thurs Organics, Alpha Chemicals, Sigma-Aldrich, Jeevika Yugchem, Mohini Organics, Greenwell Olechemicals Sdn Bhd, Shijiazhuang City Horizon Chemical Industry, Huzhou Sifeng Biochem, Guangzhou Chuangyue Chemical, Spectrum Chemical Manufacturing Corp., Unichem LLC, Zeal Chemicals, Wellgo Chemical Technology, and Oceanic Pharmachem to name some.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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