The new report by Expert Market Research titled, ‘Global Lanolin Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis global lanolin market share assessing the market based on applications, derivatives and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/lanolin-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
• Forecast CAGR (2021-2026): 6.2%
COVID-19 affects the Lanolin market. The COVID-19 epidemic has hampered the cosmetics market. This decline is largely attributable to government limitations and the lockdown. Due to the lockdown, most salons closed, causing a substantial reduction in professional products. The market is optimistic after the lockdown was relaxed and most companies increased production.
Industry Definition and Major Segments
Lanolin is a fatty component present in sheep’s wool that has a protective coating. In its purest form, lanolin is a yellowish, viscous mixture of esters that is used as a basis for ointments and cosmetic products.
On the basis of applications, the market can be segmented into:
• Personal Care and Cosmetics
• Baby Care Products
Based on derivative, the market can be categorised into:
• Lanolin Alcohol
• Isopropyl Lanolate
• Quaternium 33
• Lanolin Fatty Acid
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Lanolin has been utilised as a complex combination and self-emulsifying agent for many years. Products containing lanolin include lotions, creams and lipsticks. It is also used in hair conditioners and body washes. Lanolin is unique in that it absorbs twice its weight in water and forms protective films on the skin and lips. These qualities of lanolin make it appealing to consumers from both cold and hot climates, driving the lanolin industry in the coming years.
The Asia-Pacific region is likely to dominate the global market due to the highly developed cosmetics sector in China, India, Japan, and Korea, as well as ongoing investments in the pharmaceutics sector. Moreover, rising temperatures in Asia-Pacific, with most of the population suffering from skin problems, is raising the demand for lanolin in numerous applications. Increasing skin concerns and demand for such applications necessitate sophisticated skin and hair care products. Temperature variations among Asians are projected to influence the lanolin industry in the coming years.
Key Market Players
The major players in the market are Lubrizol Corporation, Imerial-Oel Import Handelsges mbH, Nippon Fine Chemicals Co. Ltd., Lanotec Australia Pty Ltd, Croda International Plc, Rolex Lanolin Products Limited and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Ana john, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.