Isopentyldiol Market Size, Share, Growth, and Industry Growth, By Type (Cosmetic Grade Isopentyldiol and Others) By Application, (Hair Care, Skin Care, Cosmetics, and Others), Regional Forecast (2022-2028)

REPORT OVERVIEW

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The global isopentyldiol market size was USD 30 million in 2022. The global COVID-19 pandemic has been unprecedented and staggering, with phage therapy experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. As per our research, the market is projected to touch USD 38 million by 2028, exhibiting a CAGR of 4.0% during the forecast period. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

Isopentyldiol is an ingredient used in cosmetics. The isopentyldiol was produced by Kuraray. This ingredient has a unique feature that increases the functionality of the cosmetic. It can be used as a solubilizer, preservative booster, and moisturizer. It does not cause any irritation to the skin, which is anticipated to boost the adoption of the product. It enhances the skin's feel and works as a binder for powder cosmetics. 

Isopentyldiol is an organic compound and is also known as isoprene glycol. It is odorless and colorless in nature and works perfectly as an emollient and emulsifier in cosmetics and personal care products. It can be used in the manufacturing of various cosmetic products such as skin care products, sunscreen creams, toiletries, baby care, decorative cosmetics, and baby care products.          

COVID-19 Impact: Sudden Shutdown of the Market Disrupted the Supply Chain

The sudden outbreak of the pandemic created a disruption in the supply chain of every industry and the cosmetics industry was no exception. The shutdown of the market hindered the manufacturing and transport of the product. The manufacturing plant’s shutdown hampered the growth of the market. The disturbance in the manufacturing rate resulted in a lower supply of the product. The pandemic outbreak affected the growth of the market.

LATEST TRENDS

"Various Benefits of Product to Drive Trend in The Market"

The isopentyldiol has various benefits which are anticipated to surge major growth in the market. The product helps in color protection of the hair, repairing hair, offers a quick moisturizing effect, and other such benefits. It is a multi-purpose ingredient for cosmetics. It is easily soluble in water, which proves that the product is environmentally friendly and safe to use. Its environment-friendly nature boosts its adoption in the market. 

Segmentation

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• By Type Analysis

By type, the market is segmented into cosmetic grade isopentyldiol and others.

Cosmetic grade products are anticipated to dominate other segments due to the increasing adoption of cosmetics by the general population. This segment holds a share of 96% and is anticipated to be the dominating segment among other segments.

• By Application Analysis

Based on application, the market is classified into hair care, skincare, cosmetics, and others.

DRIVING FACTORS

"Rising Awareness of Cosmetics Among Population to Garner Market Growth"

Strong awareness about various cosmetics and their benefits is estimated to garner Isopentyldiol market growth. The higher number of people inclined toward cosmetic products is expected to be the factor encouraging market growth. Additionally, the rising prevalence of skin infections and skin disorders among children and adults is also boosting the adoption of cosmetics in the market. The inclination of the population towards modeling and fashion is also expected to be an additional growth factor in the market. 

RESTRAINING FACTORS

"High Cost of Products to Impede Product Demand"

The consistently rising demand for cosmetics is expected to lead to higher product demand. The branded cosmetics costs are higher than other cosmetic products, which is anticipated to impede the expansion of isopentyldiol market share. The rising number of key players positioning themselves as one of the leading brands in the industry is likely to hinder the growth of the market. Additionally, a lack of awareness about the applications and benefits of products to hamper the growth of the market. 

REGIONAL INSIGHTS

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"Steady Adoption of New Products to Bolster Growth in North America"

North America is anticipated to dominate the global market due to the higher living standards of the general population. The population’s steady adoption of new products is also estimated to drive major growth in the ispentyldiol market. Increasing demand for luxurious products and the demand to have flawless skin is expected to lead to the growth of the market. The presence of the U.S., and Canada is estimated to lead to a higher demand for cosmetics and thus, encouraging market growth.

Asia Pacific is also expected to show sizable growth due to the presence of emerging countries. Emerging countries such as India, China, and Japan are anticipated to be the region with the second-highest market share. 

KEY INDUSTRY PLAYERS

"Key Companies to Develop Long-Term Growth Strategies to Gain Market Share"

Key industry players try to develop new products at pocket-friendly costs to expand the isopentyldiol market growth. Major market players emphasize on gaining collaborations with other companies to enhance their product portfolio. Companies strive to increase the production rate to deliver maximum demand in the least time. Additionally, the key companies try to develop strategies that offer long-term growth to gain maximum market share in the global market. Major players also strive to gain a competitive advantage by expanding their product applications. 

List of Market Players Profiled

• Kuraray (Japan)

The report covers every possible detail of the market. GlobaREPORT COVERAGEl market players and their headquarters are mentioned in the report to offer details about the existing competition in the market. The report also includes an analysis of regions to explain the dominant region. The market segmentation is represented in the report to offer details about various segments. The market report provides an in-depth analysis of isopentyldiol market share, competitive landscape, and other aspects. It has incorporated various factors that are expected to influence the isopentyldiol market growth. The section also offers the details of various factors that are expected to impede the growth of the market. Market trends, drivers, and restraints are also included in the report.